CDW (CDW) Stock Forecast, Price Target & Predictions
CDW Stock Forecast
CDW stock forecast is as follows: an average price target of $232.80 (represents a 32.28% upside from CDW’s last price of $175.99) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
CDW Price Target
The average price target for CDW (CDW) is $232.80 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $270.00 to $210.00. This represents a potential 32.28% upside from CDW's last price of $175.99.
CDW Analyst Ratings
According to 5 Wall Street analysts, CDW's rating consensus is 'Buy'. The analyst rating breakdown for CDW stock is 0 'Strong Buy' (0.00%), 4 'Buy' (80.00%), 1 'Hold' (20.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
CDW Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 01, 2024 | Asiya Merchant | Citigroup | $245.00 | $226.30 | 8.26% | 39.21% |
| Jun 07, 2024 | Keith Housum | Northcoast Research | $270.00 | $224.24 | 20.41% | 53.42% |
| Dec 20, 2022 | - | J.P. Morgan | $225.00 | $178.46 | 26.08% | 27.85% |
| Apr 18, 2022 | Matthew Sheerin | Stifel Nicolaus | $210.00 | $171.68 | 22.32% | 19.32% |
| Apr 04, 2022 | Erik Woodring | Morgan Stanley | $214.00 | $178.83 | 19.67% | 21.60% |
The latest CDW stock forecast, released on Oct 01, 2024 by Asiya Merchant from Citigroup, set a price target of $245.00, which represents a 8.26% increase from the stock price at the time of the forecast ($226.30), and a 39.21% increase from CDW last price ($175.99).
CDW Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $245.00 | $257.50 |
| Last Closing Price | $175.99 | $175.99 | $175.99 |
| Upside/Downside | -100.00% | 39.21% | 46.32% |
In the current month, the average price target of CDW stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to CDW's last price of $175.99. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 01, 2024 | Citigroup | Buy | Neutral | Downgrade |
| Jun 07, 2024 | Northcoast Research | - | Buy | Upgrade |
| May 02, 2024 | Citigroup | Buy | Buy | Hold |
| Apr 04, 2024 | Citigroup | Buy | Buy | Hold |
| Aug 03, 2023 | Raymond James | Outperform | Outperform | Hold |
| Apr 19, 2023 | Morgan Stanley | Overweight | Overweight | Hold |
| Jul 05, 2022 | Evercore ISI | Outperform | Outperform | Hold |
| Apr 04, 2022 | Morgan Stanley | Overweight | Overweight | Upgrade |
| Oct 06, 2021 | Morgan Stanley | - | Cautious | Downgrade |
CDW's last stock rating was published by Citigroup on Oct 01, 2024. The company Downgrade its CDW rating from "Buy" to "Neutral".
CDW Financial Forecast
CDW Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $5.02B | $5.63B | $5.63B | $5.10B | $5.44B | $6.22B | $6.15B | $5.95B | $5.54B | $5.30B | $5.15B | $4.84B | $4.96B | $4.76B | $4.37B | $4.39B | $4.54B | $4.91B |
| Avg Forecast | $5.67B | $6.28B | $5.90B | $5.30B | $5.34B | $5.72B | $5.46B | $4.93B | $4.96B | $5.72B | $5.43B | $5.00B | $5.32B | $5.85B | $5.38B | $5.10B | $6.19B | $6.23B | $6.18B | $5.67B | $5.24B | $5.32B | $4.97B | $4.62B | $4.39B | $4.58B | $4.36B | $4.26B | $4.40B | $4.66B |
| High Forecast | $5.95B | $6.59B | $6.19B | $5.56B | $5.61B | $6.00B | $5.74B | $5.23B | $5.36B | $5.73B | $5.43B | $5.25B | $5.42B | $5.91B | $5.64B | $5.35B | $6.50B | $6.23B | $6.18B | $5.67B | $5.24B | $5.32B | $4.97B | $4.62B | $4.39B | $4.58B | $4.36B | $4.26B | $4.40B | $4.66B |
| Low Forecast | $5.51B | $6.10B | $5.73B | $5.14B | $5.19B | $5.55B | $5.31B | $4.75B | $4.81B | $5.71B | $5.43B | $4.86B | $5.26B | $5.79B | $5.22B | $4.95B | $6.01B | $6.23B | $6.18B | $5.67B | $5.24B | $5.32B | $4.97B | $4.62B | $4.39B | $4.58B | $4.36B | $4.26B | $4.40B | $4.66B |
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 7 | 3 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 7 | 7 | 9 | 8 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 0.96% | 1.05% | 1.00% | 0.88% | 1.00% | 0.99% | 1.05% | 1.06% | 1.00% | 1.03% | 1.05% | 1.13% | 1.04% | 1.00% | 1.03% | 1.03% | 1.05% |
CDW's average Quarter revenue forecast for Mar 24 based on 3 analysts is $5.00B, with a low forecast of $4.86B, and a high forecast of $5.25B. CDW's average Quarter revenue forecast represents a -0.34% decrease compared to the company's last Quarter revenue of $5.02B (Dec 23).
CDW EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 7 | 3 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 7 | 7 | 9 | 8 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $435.00M | $478.40M | $412.20M | $354.00M | $440.60M | $537.20M | $434.90M | $457.80M | $381.90M | $435.00M | $453.30M | $369.70M | $408.70M | $422.70M | $410.30M | $341.10M | $343.90M | $371.40M |
| Avg Forecast | $473.04M | $523.63M | $491.78M | $441.64M | $445.54M | $476.94M | $455.65M | $411.51M | $413.57M | $476.97M | $452.45M | $501.58M | $444.00M | $487.88M | $448.28M | $455.98M | $397.74M | $445.71M | $441.64M | $414.53M | $374.80M | $380.53M | $355.50M | $318.96M | $313.83M | $327.45M | $311.74M | $330.92M | $314.79M | $333.09M |
| High Forecast | $496.55M | $549.65M | $516.22M | $463.59M | $467.68M | $500.64M | $478.29M | $436.50M | $447.21M | $477.52M | $452.45M | $601.89M | $452.28M | $492.80M | $470.56M | $547.17M | $477.29M | $445.71M | $441.64M | $497.43M | $374.80M | $380.53M | $355.50M | $382.75M | $313.83M | $327.45M | $311.74M | $397.10M | $314.79M | $333.09M |
| Low Forecast | $459.39M | $508.52M | $477.59M | $428.90M | $432.69M | $463.18M | $442.50M | $396.52M | $401.26M | $476.42M | $452.45M | $401.26M | $439.03M | $483.21M | $435.35M | $364.78M | $318.20M | $445.71M | $441.64M | $331.62M | $374.80M | $380.53M | $355.50M | $255.17M | $313.83M | $327.45M | $311.74M | $264.73M | $314.79M | $333.09M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.98% | 0.92% | 0.78% | 1.11% | 1.21% | 0.98% | 1.10% | 1.02% | 1.14% | 1.28% | 1.16% | 1.30% | 1.29% | 1.32% | 1.03% | 1.09% | 1.12% |
3 analysts predict CDW's average Quarter EBITDA for Mar 24 to be $501.58M, with a high of $601.89M and a low of $401.26M. This is 15.30% upper than CDW's previous annual EBITDA (Dec 23) of $435.00M.
CDW Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 7 | 3 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 7 | 7 | 9 | 8 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $296.10M | $315.50M | $262.60M | $230.10M | $287.20M | $297.80M | $279.30M | $250.20M | $215.30M | $266.60M | $274.10M | $232.60M | $238.30M | $193.20M | $189.10M | $167.90M | $185.60M | $201.70M |
| Avg Forecast | $390.57M | $434.61M | $389.57M | $321.07M | $355.63M | $383.13M | $347.15M | $277.92M | $314.05M | $385.12M | $341.19M | $274.12M | $345.41M | $350.19M | $314.19M | $249.20M | $224.23M | $342.08M | $328.70M | $226.55M | $266.94M | $277.75M | $244.65M | $200.67M | $205.10M | $204.74M | $187.81M | $162.89M | $200.42M | $214.25M |
| High Forecast | $415.81M | $462.69M | $414.74M | $341.81M | $378.60M | $407.88M | $369.58M | $317.82M | $358.92M | $385.27M | $341.20M | $328.95M | $354.81M | $360.97M | $334.49M | $299.05M | $269.08M | $342.08M | $328.70M | $271.86M | $272.16M | $277.75M | $244.65M | $240.81M | $205.10M | $204.74M | $187.81M | $195.47M | $200.42M | $214.25M |
| Low Forecast | $375.92M | $418.31M | $374.96M | $309.03M | $342.29M | $368.76M | $334.13M | $249.03M | $304.81M | $384.98M | $341.18M | $219.30M | $337.34M | $336.72M | $302.40M | $199.36M | $179.39M | $342.08M | $328.70M | $181.24M | $261.71M | $277.75M | $244.65M | $160.54M | $205.10M | $204.74M | $187.81M | $130.31M | $200.42M | $214.25M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.86% | 0.90% | 0.84% | 0.92% | 1.28% | 0.87% | 0.85% | 1.10% | 0.81% | 0.96% | 1.12% | 1.16% | 1.16% | 0.94% | 1.01% | 1.03% | 0.93% | 0.94% |
CDW's average Quarter net income forecast for Mar 24 is $274.12M, with a range of $219.30M to $328.95M. CDW's average Quarter net income forecast represents a -7.42% decrease compared to the company's last Quarter net income of $296.10M (Dec 23).
CDW SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 7 | 3 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 7 | 7 | 9 | 8 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $718.80M | $749.30M | $769.30M | $734.10M | $734.50M | $766.80M | $732.90M | $717.20M | $636.30M | $528.50M | $512.90M | $471.80M | $548.70M | $507.70M | $463.80M | $510.70M | $493.70M | $495.90M |
| Avg Forecast | $660.47M | $731.10M | $686.64M | $616.63M | $622.07M | $665.91M | $636.18M | $574.56M | $577.43M | $665.95M | $631.71M | $785.78M | $619.92M | $681.18M | $625.89M | $714.35M | $662.70M | $726.02M | $719.39M | $649.40M | $610.51M | $619.85M | $579.07M | $407.04M | $511.19M | $533.38M | $507.79M | $495.46M | $512.76M | $542.57M |
| High Forecast | $693.29M | $767.43M | $720.76M | $647.28M | $652.99M | $699.01M | $667.80M | $609.45M | $624.40M | $666.72M | $631.71M | $942.94M | $631.49M | $688.06M | $657.00M | $857.21M | $795.24M | $726.02M | $719.39M | $779.29M | $610.51M | $619.85M | $579.07M | $488.45M | $511.19M | $533.38M | $507.79M | $594.55M | $512.76M | $542.57M |
| Low Forecast | $641.41M | $710.01M | $666.83M | $598.84M | $604.12M | $646.70M | $617.83M | $553.63M | $560.24M | $665.19M | $631.71M | $628.62M | $612.98M | $674.67M | $607.84M | $571.48M | $530.16M | $726.02M | $719.39M | $519.52M | $610.51M | $619.85M | $579.07M | $325.63M | $511.19M | $533.38M | $507.79M | $396.36M | $512.76M | $542.57M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.16% | 1.10% | 1.23% | 1.03% | 1.11% | 1.06% | 1.02% | 1.10% | 1.04% | 0.85% | 0.89% | 1.16% | 1.07% | 0.95% | 0.91% | 1.03% | 0.96% | 0.91% |
CDW's average Quarter SG&A projection for Mar 24 is $785.78M, based on 3 Wall Street analysts, with a range of $628.62M to $942.94M. The forecast indicates a 9.32% rise compared to CDW last annual SG&A of $718.80M (Dec 23).
CDW EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 7 | 3 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 7 | 7 | 9 | 8 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $2.18 | $2.35 | $1.95 | $1.70 | $2.12 | $2.20 | $2.07 | $1.85 | $1.59 | $1.94 | $1.96 | $1.65 | $1.67 | $1.36 | $1.32 | $1.18 | $1.29 | $1.39 |
| Avg Forecast | $2.90 | $3.22 | $2.89 | $2.38 | $2.64 | $2.84 | $2.57 | $2.06 | $2.33 | $2.85 | $2.53 | $2.15 | $2.56 | $2.60 | $2.33 | $2.03 | $2.48 | $2.52 | $2.42 | $2.01 | $1.97 | $2.05 | $1.80 | $1.53 | $1.51 | $1.51 | $1.39 | $1.34 | $1.48 | $1.58 |
| High Forecast | $3.08 | $3.43 | $3.07 | $2.53 | $2.81 | $3.02 | $2.74 | $2.36 | $2.66 | $2.86 | $2.53 | $2.15 | $2.63 | $2.68 | $2.48 | $2.16 | $2.64 | $2.52 | $2.42 | $2.01 | $2.01 | $2.05 | $1.80 | $1.53 | $1.51 | $1.51 | $1.39 | $1.34 | $1.48 | $1.58 |
| Low Forecast | $2.79 | $3.10 | $2.78 | $2.29 | $2.54 | $2.73 | $2.48 | $1.85 | $2.26 | $2.85 | $2.53 | $2.15 | $2.50 | $2.50 | $2.24 | $1.95 | $2.39 | $2.52 | $2.42 | $2.01 | $1.93 | $2.05 | $1.80 | $1.53 | $1.51 | $1.51 | $1.39 | $1.34 | $1.48 | $1.58 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.85% | 0.91% | 0.84% | 0.84% | 0.85% | 0.87% | 0.85% | 0.92% | 0.81% | 0.95% | 1.09% | 1.08% | 1.10% | 0.90% | 0.95% | 0.88% | 0.87% | 0.88% |
According to 3 Wall Street analysts, CDW's projected average Quarter EPS for Mar 24 is $2.15, with a low estimate of $2.15 and a high estimate of $2.15. This represents a -1.42% decrease compared to CDW previous annual EPS of $2.18 (Dec 23).
CDW Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CLVT | Clarivate | $5.09 | $14.33 | 181.53% | Buy |
| CDW | CDW | $175.99 | $232.80 | 32.28% | Buy |
| FISV | Fiserv | $114.23 | $133.11 | 16.53% | Buy |
| JKHY | Jack Henry & Associates | $171.12 | $191.80 | 12.09% | Buy |
| PSN | Parsons | $95.30 | $103.83 | 8.95% | Buy |
| CACI | CACI | $454.90 | $492.78 | 8.33% | Buy |
| SAIC | Science Applications | $123.05 | $124.30 | 1.02% | Buy |
| CTSH | Cognizant Technology Solutions | $77.57 | $75.88 | -2.18% | Hold |
| LDOS | Leidos | $162.15 | $156.64 | -3.40% | Buy |
| INFY | Infosys | $21.99 | $20.58 | -6.41% | Hold |
| IT | Gartner | $518.00 | $450.00 | -13.13% | Hold |
| BR | Broadridge Financial Solutions | $225.39 | $184.33 | -18.22% | Buy |
| EXLS | ExlService | $44.38 | $32.64 | -26.45% | Buy |