Chefs’ Warehouse (NASDAQ:CHEF) Price Target Raised to $125.00 at Benchmark

Chefs’ Warehouse (NASDAQ:CHEF) had its target price boosted by research analysts at Benchmark from $106.00 to $125.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. Benchmark’s price objective indicates a potential upside of 11.87% from the company’s previous close.

CHEF has been the topic of a number of other reports. Weiss Ratings lowered shares of Chefs’ Warehouse from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 1st. Wall Street Zen raised shares of Chefs’ Warehouse from a “hold” rating to a “buy” rating in a report on Saturday, July 18th. BTIG Research raised their price objective on shares of Chefs’ Warehouse from $100.00 to $125.00 and gave the company a “buy” rating in a research report on Thursday. Morgan Stanley boosted their target price on Chefs’ Warehouse from $97.00 to $104.00 and gave the stock an “equal weight” rating in a research report on Thursday. Finally, UBS Group reissued a “buy” rating and set a $125.00 target price on shares of Chefs’ Warehouse in a research note on Thursday. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $107.43.

Chefs’ Warehouse Stock Performance

Shares of NASDAQ:CHEF traded up $6.11 on Thursday, reaching $111.73. The company’s stock had a trading volume of 613,902 shares, compared to its average volume of 499,755. Chefs’ Warehouse has a 52-week low of $53.20 and a 52-week high of $112.16. The stock has a market capitalization of $4.56 billion, a P/E ratio of 62.07 and a beta of 1.39. The stock’s 50-day moving average is $90.65 and its two-hundred day moving average is $74.94. The company has a debt-to-equity ratio of 1.18, a current ratio of 2.18 and a quick ratio of 1.33.

Chefs’ Warehouse (NASDAQ:CHEF) last announced its earnings results on Wednesday, July 29th. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.19. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.12 billion. Chefs’ Warehouse had a return on equity of 15.54% and a net margin of 1.87%.The company’s revenue was up 12.9% on a year-over-year basis. During the same period last year, the business posted $0.52 EPS. As a group, sell-side analysts forecast that Chefs’ Warehouse will post 2.31 EPS for the current year.

Insider Transactions at Chefs’ Warehouse

In related news, insider Christina Polychroni sold 4,500 shares of Chefs’ Warehouse stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $79.21, for a total transaction of $356,445.00. Following the completion of the transaction, the insider directly owned 24,642 shares of the company’s stock, valued at approximately $1,951,892.82. The trade was a 15.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Christopher Pappas sold 125,000 shares of the business’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $78.00, for a total value of $9,750,000.00. Following the sale, the chief executive officer owned 2,189,453 shares in the company, valued at approximately $170,777,334. The trade was a 5.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 11.10% of the company’s stock.

Institutional Investors Weigh In On Chefs’ Warehouse

Several institutional investors and hedge funds have recently made changes to their positions in the business. Tudor Investment Corp ET AL purchased a new position in Chefs’ Warehouse during the 3rd quarter valued at about $7,142,000. Vanguard Group Inc. lifted its holdings in shares of Chefs’ Warehouse by 2.1% in the fourth quarter. Vanguard Group Inc. now owns 2,807,801 shares of the company’s stock valued at $175,010,000 after purchasing an additional 58,154 shares in the last quarter. Penn Capital Management Company LLC grew its position in shares of Chefs’ Warehouse by 14.7% in the fourth quarter. Penn Capital Management Company LLC now owns 264,614 shares of the company’s stock valued at $16,538,000 after purchasing an additional 34,011 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of Chefs’ Warehouse by 18.6% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,104,826 shares of the company’s stock valued at $68,864,000 after purchasing an additional 173,155 shares during the last quarter. Finally, Aberdeen Group plc increased its stake in shares of Chefs’ Warehouse by 19.5% during the 4th quarter. Aberdeen Group plc now owns 207,069 shares of the company’s stock worth $12,907,000 after purchasing an additional 33,810 shares in the last quarter. 91.55% of the stock is currently owned by hedge funds and other institutional investors.

Key Chefs’ Warehouse News

Here are the key news stories impacting Chefs’ Warehouse this week:

• Positive Sentiment: Q2 earnings and revenue beat expectations. The specialty-food distributor reported adjusted earnings of $0.78 per share, above the $0.59 consensus estimate and up from $0.52 a year earlier. Revenue rose 12.9% year over year to $1.17 billion, exceeding forecasts of approximately $1.12 billion. Chefs’ Warehouse Q2 earnings report
• Positive Sentiment: Growth was supported by higher volumes, customer gains and margin improvement. Management’s results indicated stronger operating profitability, helping drive the significant earnings outperformance. CHEF Q2 earnings beat estimates
• Positive Sentiment: Full-year revenue outlook remains constructive. CHEF guided to fiscal 2026 revenue of $4.5 billion to $4.6 billion, broadly in line with the $4.5 billion analyst consensus, reducing concerns that the strong quarter would be followed by weaker expectations. CHEF revenue outlook and earnings
• Positive Sentiment: BTIG raised its price target from $100 to $125 and maintained a Buy rating. The action reinforces the positive analyst reaction, although the target increase follows a substantial rally and may already be partly reflected in the stock. BTIG price-target update
• Neutral Sentiment: CHEF’s valuation remains demanding, with a reported price-to-earnings ratio above 60 and the shares trading near their 52-week high. Sustaining the rally likely depends on continued revenue growth and margin expansion.
• Negative Sentiment: Recent insider activity has been entirely selling-focused: seven reported insider sales and no purchases over the past six months, including sales by CEO Christopher Pappas. This is a potential caution signal, though it does not offset the immediate earnings-driven optimism.

Chefs’ Warehouse Company Profile

Chefs’ Warehouse, Inc is a specialty food distributor that supplies a broad range of high‐end ingredients and culinary products to professional chefs, restaurants, hotels, and other foodservice operators. Headquartered in Maspeth, New York, the company sources its portfolio from local artisans, boutique producers and leading global suppliers. Its core offerings include fresh and frozen proteins, specialty cuts of meat and seafood, handcrafted cheeses and charcuterie, seasonal produce, value‐added preparations, pantry staples and premium desserts and beverages.

The company operates a network of distribution centers strategically located in major metropolitan markets across North America.