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CDW Corporation (CDW)

152.38 -1.54 (-1.00%)
At close: September 4 at 4:00:01 PM EDT
154.94 +2.56 (+1.68%)
After hours: September 4 at 7:54:38 PM EDT
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What's happening with CDW?

57m ago
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CDW has recently reported strong Q2 earnings, beating estimates with a non-GAAP EPS of $2.91and revenue of $6.57 billion, up 10% year-over-year. The company is also set to acquire Lovelytics for approximately $525 million, enhancing its data and AI capabilities.

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  • Previous Close 153.92
  • Open 153.01
  • Bid 145.76 x 100
  • Ask 161.34 x 100
  • Day's Range 149.16 - 154.12
  • 52 Week Range 97.12 - 171.55
  • Volume 1,291,186
  • Avg. Volume 1,924,701
  • Market Cap (intraday) 19.05B
  • Beta (5Y Monthly) 0.94
  • PE Ratio (TTM) 18.49
  • EPS (TTM) 8.24
  • Earnings Date (est.) Nov 3, 2026
  • Forward Dividend & Yield 2.52 (1.64%)
  • Ex-Dividend Date Aug 25, 2026
  • 1y Target Est 155.89

CDW Corporation provides information technology (IT) solutions in the United States, the United Kingdom, and Canada. It operates through three segments: Commercial, Government, and Education. The company offers discrete hardware and software products and services, as well as integrated IT solutions, including on-premise and cloud capabilities across hybrid infrastructure, digital experience, and security. It also provides hardware products comprising notebooks/mobile devices, tablets, network communications, collaboration hardware, data storage and servers, desktop computers, and other hardware; and software products, such as cloud solutions, software assurance, application suites, security, virtualization, collaboration and productivity applications, operating systems, and network management. In addition, the company offers advisory and design, software development, implementation, and managed services, as well as warranties. It serves business, government, education, and healthcare customers. The company was formerly known as CDW Computer Centers, Inc. and changed its name to CDW Corporation in June 2003. CDW Corporation was founded in 1984 and is based in Vernon Hills, Illinois.

www.cdw.com

14,800

Full Time Employees

December 31

Fiscal Year Ends

Technology

Sector

Performance Overview

Trailing total returns as of 9/4/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

CDW
13.65%
S&P 500 (^GSPC)
12.75%

1-Year Return

CDW
6.48%
S&P 500 (^GSPC)
18.71%

3-Year Return

CDW
25.24%
S&P 500 (^GSPC)
70.93%

5-Year Return

CDW
19.49%
S&P 500 (^GSPC)
70.18%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 6.57B
Earnings 274.4M
Profit Margin 4.18%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
2B
4B
6B
4.2%
4.4%
4.6%
4.8%
5.0%

Analyst Insights

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Top Analyst

Evercore ISI Group
59/100
Latest Rating
Outperform

Analyst Price Targets

123.00 Low
155.89 Average
152.38 Current
171.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 8/6/2026
Analyst Morgan Stanley
Rating Action Maintains
Rating Overweight
Price Action Raises
Price Target 170 -> 171

Statistics

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Valuation Measures

Annual
As of 9/3/2026
  • Market Cap

    19.24B

  • Enterprise Value

    24.84B

  • Trailing P/E

    18.50

  • Forward P/E

    11.20

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    0.85

  • Price/Book (mrq)

    7.88

  • Enterprise Value/Revenue

    1.06

  • Enterprise Value/EBITDA

    12.57

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    4.60%

  • Return on Assets (ttm)

    6.58%

  • Return on Equity (ttm)

    44.01%

  • Revenue (ttm)

    23.5B

  • Net Income Avi to Common (ttm)

    1.08B

  • Diluted EPS (ttm)

    8.24

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    361.8M

  • Total Debt/Equity (mrq)

    263.28%

  • Levered Free Cash Flow (ttm)

    676.79M

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Company Insights

Fair Value

152.38 Current

Dividend Score

0 Low
Sector Avg.
100 High

Hiring Score

0 Low
Sector Avg.
100 High

Insider Sentiment Score

0 Low
Sector Avg.
100 High

Research Reports

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  • Raising target price to $158.00

    CDW Corp/ has an Investment Rating of HOLD; a target price of $158.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
  • Raising target price to $149.00

    CDW Corp/ has an Investment Rating of HOLD; a target price of $149.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
  • What does Argus have to say about CDW?

    CDW Corp/ has an Investment Rating of HOLD; a target price of $142.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
  • Lowering target price to $142.00

    CDW CORP/DE has an Investment Rating of HOLD; a target price of $142.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target

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