Argus raises target to USD 100.00 for PC Connection stock

Published on 10/17/2026 at 21:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 28, 2026. PC Connection stock costs USD 89.32 on October 16, 2026, down 1.65 percent on Nasdaq.

Analyst target and market position

On October 14, 2026, Argus raised its PC Connection target to USD 100.00.
Second-quarter revenue reached USD 854.00 million, while diluted earnings per share came to USD 1.31.
PC Connection stock costs USD 89.32 on October 16, 2026 at 4:00 p.m. ET, down 1.65 percent on Nasdaq.
Third-quarter results are scheduled for October 28, 2026, and the trailing P/E is 23.63.

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Argus raised its price target for PC Connection from an earlier level to USD 100.00 in a report dated October 14, 2026, according to Yahoo Finance. The target is above the Nasdaq-listed stock's last regular-session price of USD 89.32 on October 16, 2026 at 4:00 p.m. ET, when it was down 1.65 percent on the day.

Second-quarter results set the base

PC Connection generated USD 854.00 million in second-quarter revenue, compared with a USD 764.79 million consensus estimate, while diluted earnings per share reached USD 1.31 versus USD 1.00 expected. MarketBeat reported those figures on October 12, 2026. The revenue comparison represents a USD 89.21 million beat against expectations, while earnings per share exceeded consensus by USD 0.31.

Stock sits below its yearly high

At USD 89.32, the stock stood USD 7.58 below its 52-week high of USD 96.90, a 7.82 percent gap, and USD 34.35 above its low of USD 54.97. The year-to-date gain was 54.64 percent, measured against the USD 57.76 starting level cited by MarketBeat. Trading volume reached 125,468 shares on October 16, 2026, versus an average of 148,717.

Valuation and the next date

PC Connection had a market capitalization of USD 2.3 billion, a trailing P/E of 23.63 and a dividend yield of 0.90 percent on October 16, 2026. The company lists its third-quarter 2026 earnings call for October 28, 2026 at 4:30 p.m. EDT in its investor calendar, according to Connection.

Comparison with peers

CNXN: minus 1.65 percent, P/E 23.63, market capitalization USD 2.3 billion
CDW (NASDAQ, USD): minus 2.49 percent, P/E 18.09, market capitalization USD 18.8 billion
Insight Enterprises (NASDAQ, USD): plus 0.99 percent, P/E 23.49, market capitalization USD 4.7 billion

Price and trading position

Connection combines a recent analyst target with a valuation that is close to Insight Enterprises' P/E but above CDW's. The next scheduled earnings date gives the market a defined near-term event, while the stock remains 7.82 percent below its 52-week high.

The last regular-session price was USD 89.32 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, down 1.65 percent on the day.