CDW Corporation (CDW)
NASDAQ: CDW · IEX Real-Time Price · USD
242.26
-1.16 (-0.48%)
At close: Apr 26, 2024, 4:00 PM
241.51
-0.75 (-0.31%)
After-hours: Apr 26, 2024, 5:06 PM EDT
CDW Corporation Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for CDW Corporation stock have an average target of 249.88, with a low estimate of 190 and a high estimate of 300. The average target predicts an increase of 3.15% from the current stock price of 242.26.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for CDW stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 3 | 2 |
| Buy | 4 | 3 | 3 | 3 | 4 | 4 |
| Hold | 2 | 3 | 3 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 10 | 10 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $267 → $280 | Buy | Maintains | $267 → $280 | +15.58% | Apr 11, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $255 → $295 | Strong Buy | Maintains | $255 → $295 | +21.77% | Apr 4, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $250 → $300 | Buy | Maintains | $250 → $300 | +23.83% | Mar 22, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $253 → $267 | Buy | Maintains | $253 → $267 | +10.21% | Feb 8, 2024 |
| Barclays | Barclays | Hold Maintains $219 → $261 | Hold | Maintains | $219 → $261 | +7.74% | Feb 8, 2024 |
Financial Forecast
Revenue This Year
22.30B
from 21.38B
Increased by 4.30%
Revenue Next Year
23.77B
from 22.30B
Increased by 6.59%
EPS This Year
10.57
from 8.10
Increased by 30.55%
EPS Next Year
11.64
from 10.57
Increased by 10.08%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 23.5B | 25.7B | 27.4B |
| Avg | 22.3B | 23.8B | 25.6B |
| Low | 21.3B | 22.1B | 24.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.2% | 15.2% | 15.2% |
| Avg | 4.3% | 6.6% | 7.6% |
| Low | -0.1% | -0.9% | 1.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.15 | 12.83 | 14.00 |
| Avg | 10.57 | 11.64 | 13.21 |
| Low | 10.15 | 10.78 | 12.55 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 37.7% | 21.3% | 20.2% |
| Avg | 30.6% | 10.1% | 13.5% |
| Low | 25.3% | 1.9% | 7.8% |
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.