Wells Fargo Sticks to Its Hold Rating for Petco Health and Wellness Company (WOOF)
In a report released today, Zachary Fadem from Wells Fargo maintained a Hold rating on Petco Health and Wellness Company, with a price target of $3.00.
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Fadem covers the Consumer Cyclical sector, focusing on stocks such as Home Depot, Best Buy Co, and Lowe’s. According to TipRanks, Fadem has an average return of 2.7% and a 52.10% success rate on recommended stocks.
In addition to Wells Fargo, Petco Health and Wellness Company also received a Hold from Citi’s Steven Zaccone in a report issued today. However, on May 28, RBC Capital reiterated a Buy rating on Petco Health and Wellness Company (NASDAQ: WOOF).
Based on Petco Health and Wellness Company’s latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $1.52 billion and a GAAP net loss of $2.58 million. In comparison, last year the company earned a revenue of $1.55 billion and had a GAAP net loss of $13.84 million
Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WOOF in relation to earlier this year. Most recently, in March 2026, Patrick Venezia, the CRO of WOOF sold 102,029.00 shares for a total of $348,939.18.
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