CDW Corporation (CDW)
NASDAQ: CDW · IEX Real-Time Price · USD
219.07
-0.12 (-0.05%)
Jul 2, 2024, 3:59 PM EDT - Market closed
CDW Corporation Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for CDW Corporation stock have an average target of 250, with a low estimate of 216 and a high estimate of 300. The average target predicts an increase of 14.12% from the current stock price of 219.07.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CDW stock from 9 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 3 | 3 | 3 | 4 |
| Buy | 3 | 3 | 4 | 4 | 4 | 3 |
| Hold | 3 | 3 | 3 | 3 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 10 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Northcoast Research | Northcoast Research | Hold → Strong Buy Upgrades $270 | Hold → Strong Buy | Upgrades | $270 | +23.25% | Jun 7, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $295 → $260 | Strong Buy | Maintains | $295 → $260 | +18.68% | May 2, 2024 |
| Stifel | Stifel | Strong Buy Maintains $265 → $250 | Strong Buy | Maintains | $265 → $250 | +14.12% | May 2, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $280 → $265 | Buy | Maintains | $280 → $265 | +20.97% | May 2, 2024 |
| Barclays | Barclays | Hold Maintains $261 → $232 | Hold | Maintains | $261 → $232 | +5.90% | May 2, 2024 |
Financial Forecast
Revenue This Year
21.94B
from 21.38B
Increased by 2.66%
Revenue Next Year
23.24B
from 21.94B
Increased by 5.90%
EPS This Year
10.22
from 8.10
Increased by 26.18%
EPS Next Year
11.27
from 10.22
Increased by 10.29%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 23.2B | 24.7B | 26.4B |
| Avg | 21.9B | 23.2B | 24.9B |
| Low | 21.1B | 21.9B | 23.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.3% | 12.6% | 13.4% |
| Avg | 2.7% | 5.9% | 7.2% |
| Low | -1.2% | -0.3% | 1.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.82 | 12.08 | 13.14 |
| Avg | 10.22 | 11.27 | 12.49 |
| Low | 9.76 | 10.44 | 11.82 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 33.5% | 18.1% | 16.5% |
| Avg | 26.2% | 10.3% | 10.8% |
| Low | 20.5% | 2.1% | 4.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.