ALTSTATION.IO

CDW Corporation (CDW) Stock Analysis

By Nova Skye | AltStation.io | Updated October 21, 2026

Price
$155.61
Change
+1.94%
Market Cap
$19.45B
Avg Volume
1.7M

Company Overview

CDW Corporation is an Information Technology Services provider based in Vernon Hills, Illinois, operating in the broader Technology sector since 1984. The company sells hardware like notebooks, servers, and storage, alongside software, cloud capabilities, and managed IT services to commercial, government, education, and healthcare clients. It operates across the United States, the United Kingdom, and Canada through three core reporting segments: Commercial, Government, and Education. Formerly known as CDW Computer Centers before renaming in June 2003, the firm serves as an end-to-end technology procurement and implementation partner for enterprise buyers.

CDW is an established market leader in enterprise IT solutions, backed by a customer base of over 250,000 organizations. Its primary edge is breadth: CDW delivers full-stack integration across hybrid infrastructure, digital experience, and security rather than acting as a simple hardware reseller. It faces steady competition from direct peers like Insight Enterprises and TD SYNNEX, along with consulting firms like Accenture. The biggest structural risk is the commoditization of hardware resale margins, which puts constant pressure on CDW to protect profitability through complex service agreements.

CDW is expanding its top line while actively tilting its business mix toward higher-margin software and advisory services. The company generated $22.42 billion in revenue in 2025, a 6.8% increase compared to $20.99 billion in 2024. That top-line growth demonstrates durable enterprise spending on core infrastructure upgrades. To protect its market share and operating margins, CDW must continue prioritizing high-value hybrid infrastructure and cybersecurity implementations over standard device volume.

Key Financials
Market Cap
$19.45B
Revenue
$23.50B
EBITDA
$2.01B
Gross Margin
21.4%
Profit Margin
4.6%
Revenue Growth
10.0%
Total Cash
$361.80M
Total Debt
$6.43B
Free Cash Flow
$676.79M


52-Week Price Performance Analysis

Price Statistics
P/E Ratio
18.70
Forward P/E
12.93
Beta
0.94
52-Week High
$161.10
52-Week Low
$97.12
EPS
$8.32
50-Day Avg
$142.72
200-Day Avg
$131.88
Price/Book
7.98
CDW 52-Week Stock Chart
Technical Analysis
CDW trades at $155.61, 95% of the way from its $96.09 52-week low to its $158.05 high. The stock is 1.94% below that high and 61.30% above the low. Price sits 9.72% above the 20-day moving average of $141.26, showing strong near-term momentum. Shares gained 1.99% over the last five trading days and 5.13% over the last 20 trading days. Near-term support is $128.16, while the stated 30-day resistance level is $154.99.


Recent News and Developments

CDW adds former Deloitte leader Sam Balaji to its board

CDW announced on October 19 that Sam Balaji joined its board effective October 15. Balaji previously served as global CEO of Deloitte Consulting & Advisory and brings more than three decades of technology, advisory and global leadership experience. Source: MarketScreener

UBS maintains Buy rating and $159 target

UBS maintained its Buy rating on CDW on October 16 with a $159 price target. This was a reiteration, not an upgrade or downgrade, and the target represented 2.59% upside in the cited data. Source: Stock Analysis

CDW rebounds to $154.99 after volatile trading

CDW gained 2.82% on October 15, dropped 2.49% on October 16, then rose 1.44% on October 19 and 1.54% on October 20. Shares closed October 20 at $154.99 after trading as high as $156.59. Source: Stock Analysis



Market Sentiment and Analyst Recommendations

Bull Case
Revenue is $23.50 billion and growing 10.0%, giving CDW a solid fundamental growth base. The stock’s 5.13% gain over 20 trading days and position 9.72% above its 20-day moving average show buyers are in control. Nine analysts rate CDW a buy, with a consensus target of $158.67 and a high estimate of $171.00. UBS reaffirmed its Buy rating and $159 target on October 16. CDW also expects rising demand for threat intelligence, managed detection and response, identity security, cloud security and compliance under the new federal cybersecurity policy. The bull case is straightforward: double-digit revenue growth, positive momentum and expanding cybersecurity demand support owning the stock, although consensus upside from $155.61 is limited.
Bear Case
CDW is priced near the top of its recent range, sitting 95% of the way from the 52-week low to the high. At $155.61, the stock is already above the stated 30-day resistance level of $154.99. The consensus analyst target of $158.67 leaves little room for upside, and the low target of $148.00 is below the current price. Debt is $6.43 billion against just $361.80 million in cash, creating a meaningful balance-sheet risk. A P/E of 18.70 demands continued execution, especially with the stock 9.72% above its 20-day moving average. The bear case is that investors are paying near-range-high prices for a company with limited consensus upside and substantially more debt than cash.
What to Watch
Watch whether CDW can hold above the 30-day resistance level of $154.99 and challenge the $158.05 52-week high. A move below the $141.26 20-day moving average would weaken the current momentum signal. The larger downside threshold is the 30-day low of $128.16, which serves as near-term support. Investors should track whether revenue growth remains at 10.0%, because the P/E of 18.70 leaves less room for a growth slowdown. Watch for evidence that the cybersecurity demand CDW discussed on October 16 converts into actual business across cloud security, identity security and managed detection and response. Sam Balaji joined the board effective October 15, but the next quarter needs operating evidence rather than another governance headline.
Analyst Consensus
BUY

Based on 9 analyst opinions
Low Target
$148.00
Mean Target
$158.67
High Target
$171.00


Earnings and Financial Data

Sector
Technology
Industry
Information Technology Services
Employees
14,800
Earnings & Dividends
Next Earnings
Nov 03, 2026
EPS (Trailing)
$8.32
Dividend Yield
165.0%
Payout Ratio
30.2%

Frequently Asked Questions

Is CDW a good stock to buy?
Nine analysts recommend buying CDW, and revenue is growing 10.0%. The takeaway is that the fundamentals and momentum are positive, but the stock is already near its 52-week high.
What is CDW’s price target?
The analyst target is $158.67, with estimates ranging from $148.00 to $171.00. The takeaway is that the consensus target offers limited upside from the current $155.61 price.
Is CDW stock overvalued?
CDW trades at a P/E of 18.70 and sits 95% of the way from its $96.09 52-week low to its $158.05 high. The takeaway is that the stock is not cheap relative to its recent trading range.
What are CDW’s support and resistance levels?
Near-term support is $128.16, while near-term resistance is $154.99. The takeaway is that the current $155.61 price is already above the stated resistance level.
Does CDW pay a dividend?
The provided data does not include dividend information. The takeaway is that no conclusion about CDW’s dividend can be made from these figures.

Related Stock Reports

Disclaimer: This report is for informational purposes only and does not constitute financial advice. The analysis and opinions expressed are those of AltStation.io and should not be relied upon as the sole basis for investment decisions. Always conduct your own research and consult with a qualified financial advisor before making investment decisions. Past performance does not guarantee future results. Updated October 21, 2026.