Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
CDW Corp-DE Market Cap
Based on ratings from 14 stock analysts, the CDW Corp-DE stock price is expected to increase by 12.06% in 12 months. This is calculated by using the average 12-month stock price forecast for CDW Corp-DE. The lowest target is $229 and the highest is $270. Please note analyst price targets are not guaranteed and could be missed completely.
About 14 Wall Street analysts have assigned CDW 10 buy ratings, 3 hold ratings, and 1 sell ratings. This means that analysts expect CDW Corp-DE to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CDW. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CDW.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Asiya Merchant Citigroup | Neutral | $245 | Downgrade | Oct 1, 2024 |
| Mark Moskowitz Barclays | Equal-Weight | $229 | Maintains | Aug 1, 2024 |
| Matthew Sheerin Stifel | Buy | $260 | Maintains | Jul 17, 2024 |
| Keith Housum Northcoast Research | Buy | $270 | Upgrade | Jun 7, 2024 |
| Matthew Sheerin Stifel | Buy | $250 | Maintains | May 2, 2024 |
| Asiya Merchant Citigroup | Buy | $260 | Maintains | May 2, 2024 |
| Samik Chatterjee JP Morgan | Overweight | $265 | Maintains | May 2, 2024 |
| Mark Moskowitz Barclays | Equal-Weight | $232 | Maintains | May 2, 2024 |
| Samik Chatterjee JP Morgan | Overweight | $280 | Maintains | Apr 11, 2024 |
| Asiya Merchant Citigroup | Buy | $295 | Maintains | Apr 4, 2024 |
| Amit Daryanani Evercore ISI Group | Outperform | $300 | Maintains | Mar 22, 2024 |
| Samik Chatterjee JP Morgan | Overweight | $267 | Maintains | Feb 8, 2024 |
| Mark Moskowitz Barclays | Equal-Weight | $261 | Maintains | Feb 8, 2024 |
| Erik Woodring Morgan Stanley | Equal-Weight | $216 | Downgrade | Dec 12, 2023 |
| Mark Moskowitz Barclays | Equal-Weight | $219 | Maintains | Nov 2, 2023 |
| Erik Woodring Morgan Stanley | Overweight | $216 | Maintains | Nov 2, 2023 |
| David Vogt UBS | Buy | $237 | Initiates | Oct 3, 2023 |
| Erik Woodring Morgan Stanley | Overweight | $230 | Maintains | Aug 3, 2023 |
| Mark Moskowitz Barclays | Equal-Weight | $216 | Maintains | Aug 3, 2023 |
| Adam Tindle Raymond James | Outperform | $220 | Maintains | Aug 3, 2023 |
When did it IPO
2013
Staff Count
15,100
Country
United States
Sector/Industry
Technology/Information Technology Services
CEO
Ms. Christine A. Leahy
Market Cap
$29.61B
In 2023, CDW generated $21.38B in revenue, which was a decrease of -9.99% from the previous year. This can be seen as a signal that CDW's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Tue, 17 Sep 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - CDW Canada released its 2024 Hybrid Cloud Report, detailing cloud and AI adoption trends among over 700 Canadian organizations, with support from IDC Canada.
Why It Matters - The report highlights growing cloud and AI adoption among Canadian organizations, signaling potential market expansion and investment opportunities in tech sectors.
Fri, 30 Aug 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - CDW reported earnings 30 days ago; investors should monitor upcoming developments and market reactions for potential impacts on the stock.
Why It Matters - CDW's recent earnings report may impact stock performance, guiding investor sentiment and expectations for future growth or volatility in the tech sector.
Wed, 21 Aug 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - CDW Corporation executives will participate in a Q&A session at the Citi Global TMT Conference, emphasizing their role as a multi-brand IT solutions provider in North America and the UK.
Why It Matters - CDW's participation in the Citi Global TMT Conference signals potential insights into its strategic direction and performance, influencing investor sentiment and stock valuation.
Mon, 19 Aug 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - CDW Corporation announced the results of its cash tender offers for all outstanding 5.500% Senior Notes due 2024 and 4.125% Senior Notes due 2025, expiring August 16, 2024.
Why It Matters - CDW's cash tender offers indicate a proactive approach to managing debt, which may enhance cash flow and reduce interest expenses, positively influencing investor sentiment and stock performance.
Fri, 16 Aug 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - CDW Corporation has announced a cash tender offer for its outstanding 4.125% Senior Notes due 2025 and 5.500% Notes due 2024, offering $1,000 per $1,000 principal amount for valid tenders.
Why It Matters - CDW's cash tender offer signals a proactive approach to debt management, potentially reducing interest expenses and improving cash flow, which can enhance overall financial stability and investor confidence.
Thu, 15 Aug 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - CDW Corporation is rated a buy due to positive growth catalysts. Despite revenue declines, gross margins have expanded, and customer spending shows signs of recovery, suggesting potential growth in 2H24.
Why It Matters - CDW's buy rating and expanding gross margins signal resilience amid revenue declines, while improving customer metrics suggest potential growth acceleration, making it attractive for investors.
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