Citi lifts target for CDW Corp. stock from USD 145 to USD 150

Published on 10/15/2026 at 21:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 6.57 billion in the second quarter. CDW Corp. stock costs EUR 137.05 on October 15, 2026, while Nasdaq price stood at USD 153.66.

Analyst target and reporting date

Citi analyst Asiya Merchant moved the target from USD 145 to USD 150 on October 9, 2026.
CDW revenue reached USD 6.57 billion in the second quarter of 2026, up 10.00 percent year over year.
CDW stock costs EUR 137.05 at Lang & Schwarz on October 15, 2026 at 9:12 p.m. CEST, while Nasdaq price stood at USD 153.66, 4.62 percent below the USD 161.10 yearly high.
CDW is estimated to report third-quarter 2026 results on November 3, 2026.

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Citi analyst Asiya Merchant raised her target for CDW Corp. from USD 145 to USD 150 while maintaining a Hold rating on October 9, 2026, according to Moomoo News. Against the Nasdaq price of USD 153.66, the new target lies 2.38 percent below the price. CDW Corp. stock was at EUR 137.05 at Lang & Schwarz on October 15, 2026 at 9:12 p.m. CEST.

Second-quarter revenue reaches USD 6.57 billion

CDW generated USD 6.57 billion in revenue in the second quarter of 2026, up 10.00 percent from the same period a year earlier. Standardized financial data put diluted earnings per share at USD 2.15 and net income attributable to common shareholders at USD 274.4 million for the quarter ended June 30, 2026.

MarketBeat reported that adjusted earnings reached USD 2.91 per share against a USD 2.80 consensus estimate, while quarterly revenue exceeded the USD 6.21 billion estimate. The adjusted and standardized earnings measures differ, so they are not combined.

Price position on October 15

On Nasdaq, CDW last traded at USD 153.66 on October 15, 2026 at 3:16 p.m. ET. The price stood 4.62 percent below the USD 161.10 52-week high and 58.37 percent above the USD 97.12 low. The current market capitalization was USD 19.2 billion, with a price-to-earnings ratio of 18.48.

Valuation and next report

MarketBeat estimated that CDW will report third-quarter 2026 results on November 3, 2026, before the Nasdaq open. Its consensus calls for USD 2.98 in earnings per share and USD 6.18 billion in revenue, compared with USD 2.71 and USD 5.74 billion in the year-earlier quarter.

Price context

CDW provides hardware, software and information technology services to corporate, small-business and public-sector customers. Its portfolio covers data center infrastructure, networking, cloud, security and digital workplace solutions.

Comparison with peers

CDW Corp. (NASDAQ, USD): P/E 18.48, market capitalization USD 19.2 billion
Cognizant Technology Solutions Corporation (NASDAQ, USD): daily change plus 4.96 percent, P/E 14.10, market capitalization USD 29.5 billion
TD Synnex Corp. (NYSE, USD): daily change minus 5.00 percent, P/E 15.26, market capitalization USD 20.0 billion

Trading continues after hours

The euro quotation places CDW below its latest Nasdaq price in a separate venue view, while the US listing remains 4.62 percent below its yearly high. The next scheduled report on November 3, 2026 gives the market a concrete date for the next earnings comparison.

The further course of trading is shown by the continuously updated real-time quote of CDW Corp. stock.