Chefs’ Warehouse (CHEF) – Analysts’ Recent Ratings Changes

by · The Cerbat Gem

Several brokerages have updated their recommendations and price targets on shares of Chefs’ Warehouse (NASDAQ: CHEF) in the last few weeks:

  • 5/12/2026 – Chefs’ Warehouse was upgraded by Zacks Research from “hold” to “strong-buy”.
  • 5/2/2026 – Chefs’ Warehouse was upgraded by Wall Street Zen from “hold” to “buy”.
  • 5/1/2026 – Chefs’ Warehouse was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
  • 4/30/2026 – Chefs’ Warehouse had its “overweight” rating reaffirmed by Morgan Stanley. They now have a $83.00 price target on the stock.
  • 4/30/2026 – Chefs’ Warehouse had its price target raised by BTIG Research from $74.00 to $82.00. They now have a “buy” rating on the stock.
  • 4/30/2026 – Chefs’ Warehouse had its price target raised by Benchmark Co. from $84.00 to $90.00. They now have a “buy” rating on the stock.
  • 4/23/2026 – Chefs’ Warehouse had its price target lowered by UBS Group AG from $83.00 to $80.00. They now have a “buy” rating on the stock.
  • 4/15/2026 – Chefs’ Warehouse had its “buy” rating reaffirmed by BTIG Research. They now have a $74.00 price target on the stock.
  • 4/13/2026 – Chefs’ Warehouse was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
  • 4/13/2026 – Chefs’ Warehouse was upgraded by Zacks Research from “strong sell” to “hold”.
  • 3/23/2026 – Chefs’ Warehouse was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.

Insider Buying and Selling at Chefs’ Warehouse

In other Chefs’ Warehouse news, CEO Christopher Pappas sold 125,000 shares of Chefs’ Warehouse stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $78.00, for a total value of $9,750,000.00. Following the completion of the sale, the chief executive officer directly owned 2,189,453 shares of the company’s stock, valued at approximately $170,777,334. The trade was a 5.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Christina Polychroni sold 4,500 shares of Chefs’ Warehouse stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $79.21, for a total transaction of $356,445.00. Following the completion of the sale, the insider directly owned 24,642 shares of the company’s stock, valued at approximately $1,951,892.82. This trade represents a 15.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 261,309 shares of company stock valued at $18,641,642. Corporate insiders own 11.10% of the company’s stock.

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.

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