CDW (CDW) Stock Forecast, Price Target & Predictions
CDW Stock Forecast
CDW stock forecast is as follows: an average price target of $245.00 (represents a 38.68% upside from CDW’s last price of $176.66) 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 $245.00 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $245.00 to $245.00. This represents a potential 38.68% upside from CDW's last price of $176.66.
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% | 38.68% |
| Jun 07, 2024 | Keith Housum | Northcoast Research | $270.00 | $224.24 | 20.41% | 52.84% |
| Dec 20, 2022 | J.P. Morgan | $225.00 | $178.46 | 26.08% | 27.36% | |
| Apr 18, 2022 | Matthew Sheerin | Stifel Nicolaus | $210.00 | $171.68 | 22.32% | 18.87% |
| Apr 04, 2022 | Erik Woodring | Morgan Stanley | $214.00 | $178.83 | 19.67% | 21.14% |
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 38.68% increase from CDW last price ($176.66).
CDW Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $245.00 | $257.50 |
| Last Closing Price | $176.66 | $176.66 | $176.66 |
| Upside/Downside | -100.00% | 38.68% | 45.76% |
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 $176.66. 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 | $5.82B | $6.44B | $6.05B | $5.43B | $5.48B | $5.86B | $5.60B | $5.04B | $5.03B | $5.73B | $5.43B | $5.13B | $5.42B | $5.91B | $5.51B | $5.23B | $6.35B | $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 | $5.53B | $6.12B | $5.75B | $5.16B | $5.21B | $5.57B | $5.33B | $4.80B | $4.90B | $5.71B | $5.43B | $4.88B | $5.26B | $5.79B | $5.24B | $4.97B | $6.03B | $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 $4.88B, and a high forecast of $5.13B. 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 | $473.06M | $523.65M | $491.80M | $441.66M | $445.56M | $476.96M | $455.66M | $411.53M | $413.58M | $476.99M | $452.46M | $501.58M | $444.01M | $487.89M | $448.29M | $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 | $485.14M | $537.02M | $504.36M | $452.94M | $456.94M | $489.14M | $467.30M | $419.94M | $419.43M | $477.54M | $452.46M | $601.89M | $452.30M | $492.82M | $459.75M | $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 | $461.11M | $510.42M | $479.38M | $430.50M | $434.30M | $464.91M | $444.15M | $400.59M | $408.57M | $476.44M | $452.46M | $401.26M | $439.04M | $483.23M | $436.97M | $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 | $403.54M | $449.04M | $402.51M | $331.73M | $367.44M | $395.85M | $358.68M | $300.49M | $316.75M | $385.27M | $341.20M | $328.95M | $354.81M | $360.97M | $324.62M | $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 | $377.75M | $420.34M | $376.78M | $310.53M | $343.95M | $370.55M | $335.75M | $255.35M | $311.36M | $384.98M | $341.18M | $219.30M | $337.34M | $336.72M | $303.87M | $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 | $677.34M | $749.78M | $704.18M | $632.38M | $637.96M | $682.92M | $652.43M | $586.31M | $585.59M | $666.72M | $631.71M | $942.94M | $631.49M | $688.06M | $641.88M | $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 | $643.79M | $712.64M | $669.30M | $601.06M | $606.36M | $649.09M | $620.12M | $559.29M | $570.43M | $665.19M | $631.71M | $628.62M | $612.98M | $674.67M | $610.09M | $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 | $2.99 | $3.33 | $2.98 | $2.46 | $2.72 | $2.93 | $2.66 | $2.23 | $2.35 | $2.86 | $2.53 | $2.15 | $2.63 | $2.68 | $2.41 | $2.09 | $2.56 | $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 | $2.80 | $3.12 | $2.79 | $2.30 | $2.55 | $2.75 | $2.49 | $1.89 | $2.31 | $2.85 | $2.53 | $2.15 | $2.50 | $2.50 | $2.25 | $1.96 | $2.40 | $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 | $5.45 | $14.33 | 162.94% | Buy |
| CDW | CDW | $176.66 | $245.00 | 38.68% | Buy |
| CACI | CACI | $415.14 | $525.14 | 26.50% | Buy |
| LDOS | Leidos | $150.14 | $187.33 | 24.77% | Buy |
| PSN | Parsons | $96.33 | $116.60 | 21.04% | Buy |
| SAIC | Science Applications | $114.38 | $135.25 | 18.25% | Buy |
| JKHY | Jack Henry & Associates | $177.67 | $200.50 | 12.85% | Buy |
| IT | Gartner | $497.42 | $545.75 | 9.72% | Hold |
| INFY | Infosys | $23.13 | $25.00 | 8.08% | Hold |
| CTSH | Cognizant Technology Solutions | $81.03 | $82.29 | 1.55% | Hold |
| BR | Broadridge Financial Solutions | $229.69 | $230.00 | 0.13% | Hold |
| EXLS | ExlService | $45.59 | $39.00 | -14.45% | Buy |