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 21.82% upside from CDW’s last price of $191.10) 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 21.82% upside from CDW's last price of $191.10.
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% | 28.21% |
| Jun 07, 2024 | Keith Housum | Northcoast Research | $270.00 | $224.24 | 20.41% | 41.29% |
| Dec 20, 2022 | - | J.P. Morgan | $225.00 | $178.46 | 26.08% | 17.74% |
| Apr 18, 2022 | Matthew Sheerin | Stifel Nicolaus | $210.00 | $171.68 | 22.32% | 9.89% |
| Apr 04, 2022 | Erik Woodring | Morgan Stanley | $214.00 | $178.83 | 19.67% | 11.98% |
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 28.21% increase from CDW last price ($191.10).
CDW Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $245.00 | $257.50 |
| Last Closing Price | $191.10 | $191.10 | $191.10 |
| Upside/Downside | -100.00% | 28.21% | 34.75% |
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 $191.10. 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 | $5.90B | $6.53B | $6.14B | $5.51B | $5.56B | $5.95B | $5.69B | $5.15B | $5.25B | $5.73B | $5.43B | $5.21B | $5.42B | $5.91B | $5.59B | $5.31B | $6.44B | $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 | $5.44B | $6.02B | $5.66B | $5.08B | $5.13B | $5.49B | $5.24B | $4.67B | $4.65B | $5.71B | $5.43B | $4.80B | $5.26B | $5.79B | $5.16B | $4.89B | $5.94B | $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 $4.80B, and a high forecast of $5.21B. 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 | $405.47M | $448.83M | $421.53M | $378.56M | $381.90M | $408.81M | $390.56M | $352.73M | $354.49M | $408.84M | $387.82M | $501.58M | $380.58M | $418.18M | $384.24M | $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 | $421.98M | $467.11M | $438.70M | $393.97M | $397.45M | $425.46M | $406.47M | $367.91M | $375.58M | $409.31M | $387.82M | $601.89M | $387.68M | $422.41M | $399.89M | $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 | $389.04M | $430.64M | $404.45M | $363.22M | $366.42M | $392.25M | $374.73M | $334.09M | $332.72M | $408.36M | $387.82M | $401.26M | $376.31M | $414.18M | $368.67M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | 1.14% | 1.14% | 1.07% | 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 | $411.25M | $457.62M | $410.20M | $338.07M | $374.46M | $403.41M | $365.53M | $283.93M | $331.83M | $385.27M | $341.20M | $328.95M | $354.81M | $360.97M | $330.82M | $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 | $370.00M | $411.71M | $369.05M | $304.16M | $336.90M | $362.94M | $328.86M | $268.29M | $274.94M | $384.98M | $341.18M | $219.30M | $337.34M | $336.72M | $297.64M | $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 | $687.37M | $760.88M | $714.60M | $641.74M | $647.41M | $693.03M | $662.09M | $599.30M | $611.79M | $666.72M | $631.71M | $942.94M | $631.49M | $688.06M | $651.39M | $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 | $633.71M | $701.48M | $658.81M | $591.65M | $596.87M | $638.93M | $610.41M | $544.20M | $541.96M | $665.19M | $631.71M | $628.62M | $612.98M | $674.67M | $600.53M | $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 | $3.05 | $3.39 | $3.04 | $2.51 | $2.78 | $2.99 | $2.71 | $2.10 | $2.46 | $2.86 | $2.53 | $2.15 | $2.63 | $2.68 | $2.45 | $2.13 | $2.61 | $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 | $2.74 | $3.05 | $2.74 | $2.25 | $2.50 | $2.69 | $2.44 | $1.99 | $2.04 | $2.85 | $2.53 | $2.15 | $2.50 | $2.50 | $2.21 | $1.92 | $2.35 | $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 | $6.45 | $14.33 | 122.17% | Buy |
| CDW | CDW | $191.10 | $232.80 | 21.82% | Buy |
| FISV | Fiserv | $114.23 | $133.11 | 16.53% | Buy |
| JKHY | Jack Henry & Associates | $184.32 | $191.80 | 4.06% | Buy |
| CTSH | Cognizant Technology Solutions | $74.90 | $75.88 | 1.31% | Hold |
| INFY | Infosys | $20.72 | $20.58 | -0.68% | Hold |
| PSN | Parsons | $109.61 | $103.83 | -5.27% | Buy |
| IT | Gartner | $505.06 | $450.00 | -10.90% | Hold |
| CACI | CACI | $553.27 | $491.11 | -11.24% | Buy |
| SAIC | Science Applications | $146.14 | $124.30 | -14.94% | Buy |
| LDOS | Leidos | $186.32 | $156.64 | -15.93% | Buy |
| BR | Broadridge Financial Solutions | $209.64 | $176.00 | -16.05% | Buy |
| EXLS | ExlService | $42.12 | $32.64 | -22.51% | Buy |
CDW Forecast FAQ
Is CDW a good buy?
Yes, according to 5 Wall Street analysts, CDW (CDW) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 80.00% of CDW's total ratings.
What is CDW's price target?
CDW (CDW) average price target is $232.8 with a range of $210 to $270, implying a 21.82% from its last price of $191.1. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will CDW stock go up soon?
According to Wall Street analysts' prediction for CDW stock, the company can go up by 21.82% (from the last price of $191.1 to the average price target of $232.8), up by 41.29% based on the highest stock price target, and up by 9.89% based on the lowest stock price target.
Can CDW stock reach $300?
CDW's average twelve months analyst stock price target of $232.8 does not support the claim that CDW can reach $300 in the near future.
What are CDW's analysts' financial forecasts?
CDW's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $21.46B (high $22.34B, low $20.53B), average EBITDA is $1.53B (high $1.6B, low $1.47B), average net income is $1.36B (high $1.43B, low $1.3B), average SG&A $2.5B (high $2.6B, low $2.39B), and average EPS is $10.11 (high $10.58, low $9.61). CDW's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $23.14B (high $24.09B, low $22.21B), average EBITDA is $1.65B (high $1.72B, low $1.59B), average net income is $1.54B (high $1.62B, low $1.45B), average SG&A $2.69B (high $2.8B, low $2.59B), and average EPS is $11.38 (high $11.99, low $10.79).
Did the CDW's actual financial results beat the analysts' financial forecasts?
Based on CDW's last annual report (Dec 2023), the company's revenue was $21.38B, which missed the average analysts forecast of $21.65B by -1.26%. Apple's EBITDA was $1.68B, beating the average prediction of $1.64B by 2.56%. The company's net income was $1.1B, missing the average estimation of $1.26B by -12.29%. Apple's SG&A was $2.97B, beating the average forecast of $2.64B by 12.50%. Lastly, the company's EPS was $8.1, missing the average prediction of $9.51 by -14.85%. In terms of the last quarterly report (Dec 2023), CDW's revenue was $5.02B, missing the average analysts' forecast of $5.32B by -5.74%. The company's EBITDA was $435M, beating the average prediction of $380.58M by 14.30%. CDW's net income was $296.1M, missing the average estimation of $345.41M by -14.27%. The company's SG&A was $718.8M, beating the average forecast of $619.92M by 15.95%. Lastly, the company's EPS was $2.18, missing the average prediction of $2.56 by -14.86%