5 Most Promising Mid-Cap Stocks to Buy According to Analysts

2. Chewy Inc. (NYSE:CHWY)

Average Upside Potential: 96.08%

Chewy Inc. (NYSE:CHWY) is one of the most promising mid-cap stocks to buy according to analysts. On June 10, Chewy reported its FQ1 2026 financial results, highlighting continued growth in revenue and profitability. The company posted net sales of $3.36 billion, representing a 7.7% year-over-year increase, alongside improved gross margin and net income performance.

Profitability metrics strengthened during the quarter, with net income reaching $94.8 million and adjusted EBITDA rising to $253.1 million. Margins also expanded across multiple measures, reflecting improved operational efficiency and continued scaling of the company’s digital retail platform.

Management attributed the results to strong customer growth, market share gains in the pet category, and disciplined execution across its business model. The company emphasized its ongoing focus on profitable expansion, customer acquisition, and long-term shareholder value creation in a competitive consumer environment.

Chewy Inc. (NYSE:CHWY) is involved in the e-commerce business across the United States. The company provides pet supplies and medications, pet food and treats, and other pet health products. It is based in Plantation, Florida, and was incorporated in 2010.