BTIG Rates The Chefs' Warehouse (CHEF) buy, $100 Price Target

Analyst Peter Saleh has reaffirmed a buy rating for The Chefs' Warehouse with a new price target of $100, a 6.32% upside from the current price.

By EarningsIQ Research Desk · Published Jun 12, 2026, 9:14 PM EDT · Updated Jun 16, 2026, 10:02 AM EDT

Reviewed by automated data checks against the source data. How we make and check alerts

BTIG rated The Chefs' Warehouse, Inc. ($CHEF) "buy" with a $100 price target on June 11, 2026.

Since the rating, $CHEF is up 6.3% after 1 week, up 8.6% after 1 month and up 26.5% to date (from the $89.76 close on Jun 11, 2026).

CHEF The Chefs' Warehouse, Inc.

$113.57 +82.03% year to date

Daily close · Oct 16, 2026

Key Points

BTIG analyst Peter Saleh reiterated a buy rating for The Chefs' Warehouse, Inc. (CHEF) on June 11, 2026, with a price target of $100.00.
The stock traded at $94.06 on the day of the report, significantly below the new target, which highlights upside potential.
Currently, the stock has a P/E ratio of about 52.46, reflecting its high valuation in the food distribution sector.

Get $CHEF trade alerts by text

We text you when insiders, Congress or big funds trade $CHEF. Free.

Not investment advice. EarningsIQ is not a registered investment adviser, and this automated The Chefs' Warehouse, Inc. alert may contain errors. Disclosures

BTIG's Updated View on The Chefs' Warehouse

On June 11, 2026, BTIG analyst Peter Saleh reiterated a buy rating for The Chefs' Warehouse, Inc. (CHEF) and set a new price target of $100.00. This target marks a significant increase from BTIG's previous estimates, indicating a strong belief in the company's growth potential.

Analysts Set New Price Targets

Alongside BTIG's update, several other firms have maintained their ratings on CHEF. Morgan Stanley continues to hold an Equal-Weight rating with a target of $120.00, up from $104.00. Meanwhile, TD Cowen maintains a Buy rating, raising its target to $131.00 from $123.00. UBS also keeps a Buy rating with a price target of $125.00, an increase from $114.00. These ratings suggest a consensus of optimism surrounding The Chefs' Warehouse, with an average target of $120.33 among analysts.

Stock Price Context

The Chefs' Warehouse's stock closed at $94.06 on the day of the BTIG report. This price is notably below its 52-week high of $117.65, suggesting it could have room for growth toward the new target. The stock has been fluctuating, and its performance will be closely watched given the recent analyst upgrades.

12-month forecast

$CHEF price target

The Chefs' Warehouse, Inc. daily closes and this analyst's $100 target. Not advice.

What The Chefs' Warehouse, Inc. Does

The Chefs' Warehouse, Inc. specializes in distributing high-quality specialty food products and center-of-the-plate items across the U.S., Middle East, and Canada. The company's offerings cater to a range of clients, including restaurants, hotels, and caterers, emphasizing its role in the upscale food distribution market.

What to Watch at The Chefs' Warehouse, Inc.

The Chefs' Warehouse is scheduled to report its next earnings on October 28, 2026. Investors will be keen to see how the company performs amid increasing analyst support and updated targets, especially given its high valuation metrics and revenue growth.