Benchmark Raises Price Target on The Chefs' Warehouse, Inc. (CHEF)

Analysts cite strong and highly visible underlying momentum in the business as the key driver behind the higher price target.

Feb. 2, 2026 at 9:31am

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Benchmark has raised its price target on The Chefs' Warehouse, Inc. (NASDAQ:CHEF) to $84 from $79, while maintaining a Buy rating on the shares. The analyst cited the company's strong and highly visible underlying momentum, including continued domestic and international expansion, as the key factors behind the higher price target.

Why it matters

The Chefs' Warehouse, Inc. is a leading distributor of specialty food products in the United States, focused on serving the high-end foodservice market. The company's strong operational performance and growth initiatives are seen as positive indicators for its future prospects.

The details

Operationally, The Chefs' Warehouse, Inc. continues to expand both domestically and internationally. The company recently announced the acquisition of Italco Food Products, strengthening its presence in the Denver, Colorado market. Internationally, the company's Middle East operations delivered double-digit growth, supported by facility expansions in Dubai, Qatar, and Oman, further extending its global distribution footprint and growth potential.

  • On January 29, 2026, Benchmark raised its price target on The Chefs' Warehouse, Inc. (NASDAQ:CHEF).
  • During the company's third-quarter 2025 earnings call, management announced the acquisition of Italco Food Products.

The players

The Chefs' Warehouse, Inc.

A premier distributor of specialty food products in the United States, focused on serving chefs and culinary professionals across the hospitality industry, culinary schools, and specialty food retailers. Founded in 1985 and headquartered in Ridgefield, Connecticut.

Benchmark

A financial services firm that provides investment research and analysis.

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The takeaway

The Chefs' Warehouse, Inc.'s strong operational performance and growth initiatives, including domestic and international expansion, are seen as positive indicators for the company's future prospects, as reflected in Benchmark's raised price target.