CDW (NASDAQ:CDW) Stock Gets Price Target Boost from UBS Group

CDW (NASDAQ:CDW) had its price target boosted by investment analysts at UBS Group from $159.00 to $195.00 in a research note issued on Thursday, Benzinga reports. The firm currently has a “buy” rating on the information technology services provider’s stock. UBS Group‘s price objective would indicate a potential upside of 23.11% from the stock’s previous close.

Several other brokerages have also recently issued reports on CDW. Weiss Ratings upgraded shares of CDW from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, August 25th. Barclays decreased their target price on shares of CDW from $150.00 to $148.00 and set an “equal weight” rating for the company in a research note on Monday, September 21st. Citigroup increased their price target on CDW from $150.00 to $170.00 and gave the company a “neutral” rating in a report on Thursday. Morgan Stanley raised their price target on CDW from $170.00 to $171.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. Finally, JPMorgan Chase & Co. lifted their price objective on CDW from $170.00 to $195.00 and gave the stock an “overweight” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, CDW presently has an average rating of “Moderate Buy” and an average price target of $167.38.

CDW Stock Performance

Shares of NASDAQ CDW traded down $10.36 during trading on Thursday, reaching $158.39. 2,766,757 shares of the company traded hands, compared to its average volume of 1,832,869. The firm has a 50 day simple moving average of $148.23 and a 200-day simple moving average of $133.47. The company has a quick ratio of 1.05, a current ratio of 1.17 and a debt-to-equity ratio of 1.97. The stock has a market capitalization of $19.80 billion, a PE ratio of 19.04, a P/E/G ratio of 1.96 and a beta of 0.92. CDW has a 52-week low of $97.12 and a 52-week high of $172.47.

CDW (NASDAQ:CDW) last announced its quarterly earnings results on Wednesday, November 4th. The information technology services provider reported $3.26 EPS for the quarter, topping analysts’ consensus estimates of $2.98 by $0.28. CDW had a net margin of 4.60% and a return on equity of 50.61%. The firm had revenue of $6.75 billion during the quarter, compared to analyst estimates of $6.19 billion. During the same period in the previous year, the business posted $2.71 earnings per share. The business’s revenue for the quarter was up 17.7% on a year-over-year basis. Equities research analysts anticipate that CDW will post 10.33 earnings per share for the current year.

Insider Activity

In related news, insider Elizabeth Connelly sold 26,695 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $137.62, for a total transaction of $3,673,765.90. Following the completion of the sale, the insider directly owned 34,215 shares in the company, valued at approximately $4,708,668.30. The trade was a 43.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.82% of the company’s stock.

Institutional Trading of CDW

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CDW. Union Savings Bank grew its position in shares of CDW by 500.0% during the 3rd quarter. Union Savings Bank now owns 192 shares of the information technology services provider’s stock valued at $25,000 after acquiring an additional 160 shares during the period. Allied Private Wealth LLC purchased a new stake in shares of CDW in the 2nd quarter worth $28,000. Keating Financial Advisory Services Inc. bought a new position in CDW in the 2nd quarter worth $28,000. Manchester Capital Management LLC raised its holdings in CDW by 10,200.0% in the 3rd quarter. Manchester Capital Management LLC now owns 206 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 204 shares during the period. Finally, Valued Wealth Advisors LLC raised its holdings in CDW by 2,550.0% in the 3rd quarter. Valued Wealth Advisors LLC now owns 212 shares of the information technology services provider’s stock worth $27,000 after purchasing an additional 204 shares during the period. 93.15% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about CDW

Here are the key news stories impacting CDW this week:

• Positive Sentiment: CDW reported third-quarter adjusted earnings of $3.26 per share and revenue of $6.75 billion, ahead of analyst estimates; revenue grew 17.7% year over year. Management cited broad demand, including AI infrastructure spending, and signaled low-double-digit 2026 adjusted EPS growth. Article: CDW Stock Jumps as AI Infrastructure Demand Drives Q3 Beat
• Positive Sentiment: Northcoast Research raised its price target to $204 from $171, while Citigroup lifted its target to $170 from $150, providing potential support from analyst revisions. Article: Northcoast Research Adjusts CDW Price Target Article: Citigroup Adjusts CDW Price Target
• Positive Sentiment: The company raised its quarterly dividend 7.9% to $0.68 per share, an annualized $2.72. Article: CDW Raises Quarterly Dividend
• Neutral Sentiment: Citigroup’s higher target still comes with a “neutral” rating, suggesting the firm sees upside but not a compelling enough case to recommend buying. Article: Citigroup Rating and Price Target
• Negative Sentiment: Reports flagged margin compression and rising debt as risks, and Evercore ISI removed CDW from its TAP Outperform list. These concerns may be weighing on shares despite the earnings beat. Article: Q3 Beat Despite Margin Compression Article: Evercore Removes CDW from Outperform List

About CDW

CDW Corporation (NASDAQ: CDW) is a provider of technology products and services for business, government, education and healthcare organizations. The company helps customers plan, procure, implement and manage information technology solutions from leading hardware, software and cloud vendors.

Its offerings include computers, servers, networking equipment, data-storage systems, cybersecurity products, collaboration tools, software licensing and cloud solutions. CDW also provides professional and managed services, including technology consulting, infrastructure deployment, cloud management, security support and lifecycle services.

Founded in 1984 as Computer Discount Warehouse, CDW serves customers primarily in the United States, Canada and the United Kingdom through sales teams, digital channels and technology partnerships.