CDW (NASDAQ:CDW) Price Target Raised to $195.00

CDW (NASDAQ:CDW) had its target price lifted by equities research analysts at JPMorgan Chase & Co. from $170.00 to $195.00 in a note issued to investors on Thursday, Benzinga reports. The brokerage currently has an “overweight” rating on the information technology services provider’s stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 23.11% from the company’s previous close.

A number of other equities research analysts have also weighed in on the company. Barclays lowered their price objective on CDW from $150.00 to $148.00 and set an “equal weight” rating for the company in a research note on Monday, September 21st. Weiss Ratings raised shares of CDW from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, August 25th. Morgan Stanley increased their price target on CDW from $170.00 to $171.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Finally, Citigroup raised their price target on CDW from $150.00 to $170.00 and gave the stock a “neutral” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $161.38.

CDW Stock Down 6.1%

Shares of CDW stock traded down $10.36 during trading hours on Thursday, hitting $158.39. 2,766,757 shares of the company’s stock traded hands, compared to its average volume of 1,832,869. CDW has a twelve month low of $97.12 and a twelve month high of $172.47. The company has a market cap of $19.80 billion, a PE ratio of 19.04, a PEG ratio of 1.96 and a beta of 0.92. The company has a quick ratio of 1.05, a current ratio of 1.17 and a debt-to-equity ratio of 1.97. The stock has a 50 day simple moving average of $148.23 and a 200-day simple moving average of $133.47.

CDW (NASDAQ:CDW) last released its quarterly earnings results on Wednesday, November 4th. The information technology services provider reported $3.26 EPS for the quarter, topping the consensus estimate of $2.98 by $0.28. CDW had a return on equity of 50.61% and a net margin of 4.60%. The business had revenue of $6.75 billion for the quarter, compared to analysts’ expectations of $6.19 billion. During the same quarter in the previous year, the firm posted $2.71 earnings per share. The company’s revenue was up 17.7% compared to the same quarter last year. Equities research analysts anticipate that CDW will post 10.33 earnings per share for the current fiscal year.

Insider Buying and Selling at CDW

In related news, insider Elizabeth Connelly sold 26,695 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $137.62, for a total transaction of $3,673,765.90. Following the completion of the sale, the insider directly owned 34,215 shares in the company, valued at approximately $4,708,668.30. This trade represents a 43.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.82% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Parkside Financial Bank & Trust raised its stake in CDW by 48.1% during the 2nd quarter. Parkside Financial Bank & Trust now owns 268 shares of the information technology services provider’s stock valued at $38,000 after purchasing an additional 87 shares during the period. V Square Quantitative Management LLC grew its holdings in shares of CDW by 2.8% during the third quarter. V Square Quantitative Management LLC now owns 3,252 shares of the information technology services provider’s stock valued at $417,000 after buying an additional 89 shares in the last quarter. Covestor Ltd grew its holdings in shares of CDW by 9.0% during the third quarter. Covestor Ltd now owns 1,076 shares of the information technology services provider’s stock valued at $138,000 after buying an additional 89 shares in the last quarter. Root Financial Partners LLC raised its position in CDW by 54.7% during the first quarter. Root Financial Partners LLC now owns 263 shares of the information technology services provider’s stock valued at $32,000 after buying an additional 93 shares during the period. Finally, CX Institutional lifted its stake in CDW by 4.0% in the 3rd quarter. CX Institutional now owns 2,585 shares of the information technology services provider’s stock worth $331,000 after acquiring an additional 99 shares in the last quarter. 93.15% of the stock is owned by hedge funds and other institutional investors.

CDW News Roundup

Here are the key news stories impacting CDW this week:

• Positive Sentiment: CDW reported third-quarter adjusted earnings of $3.26 per share and revenue of $6.75 billion, ahead of analyst estimates; revenue grew 17.7% year over year. Management cited broad demand, including AI infrastructure spending, and signaled low-double-digit 2026 adjusted EPS growth. Article: CDW Stock Jumps as AI Infrastructure Demand Drives Q3 Beat
• Positive Sentiment: Northcoast Research raised its price target to $204 from $171, while Citigroup lifted its target to $170 from $150, providing potential support from analyst revisions. Article: Northcoast Research Adjusts CDW Price Target Article: Citigroup Adjusts CDW Price Target
• Positive Sentiment: The company raised its quarterly dividend 7.9% to $0.68 per share, an annualized $2.72. Article: CDW Raises Quarterly Dividend
• Neutral Sentiment: Citigroup’s higher target still comes with a “neutral” rating, suggesting the firm sees upside but not a compelling enough case to recommend buying. Article: Citigroup Rating and Price Target
• Negative Sentiment: Reports flagged margin compression and rising debt as risks, and Evercore ISI removed CDW from its TAP Outperform list. These concerns may be weighing on shares despite the earnings beat. Article: Q3 Beat Despite Margin Compression Article: Evercore Removes CDW from Outperform List

CDW Company Profile

CDW Corporation (NASDAQ: CDW) is a provider of technology products and services for business, government, education and healthcare organizations. The company helps customers plan, procure, implement and manage information technology solutions from leading hardware, software and cloud vendors.

Its offerings include computers, servers, networking equipment, data-storage systems, cybersecurity products, collaboration tools, software licensing and cloud solutions. CDW also provides professional and managed services, including technology consulting, infrastructure deployment, cloud management, security support and lifecycle services.

Founded in 1984 as Computer Discount Warehouse, CDW serves customers primarily in the United States, Canada and the United Kingdom through sales teams, digital channels and technology partnerships.