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CDW (CDW) Stock Forecast & Price Target

CDW logo
$174.53 +1.25 (+0.72%)
(As of 12/20/2024 05:31 PM ET)

CDW - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
4
Buy
4

Based on 8 Wall Street analysts who have issued ratings for CDW in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 8 analysts, 4 have given a hold rating, and 4 have given a buy rating for CDW.

Consensus Price Target

$241.75
38.51% Upside
According to the 8 analysts' twelve-month price targets for CDW, the average price target is $241.75. The highest price target for CDW is $300.00, while the lowest price target for CDW is $193.00. The average price target represents a forecasted upside of 38.51% from the current price of $174.53.
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CDW Analyst Ratings Over Time

TypeCurrent Forecast
12/23/23 to 12/22/24
1 Month Ago
11/23/23 to 11/22/24
3 Months Ago
9/24/23 to 9/23/24
1 Year Ago
12/23/22 to 12/23/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$241.75$244.63$254.63$213.20
Forecasted Upside38.51% Upside36.69% Upside13.62% Upside-5.93% Downside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

CDW Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CDW Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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CDW Stock vs. The Competition

TypeCDWComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.50
2.69
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside38.51% Upside265.04% Upside14.53% Upside
News Sentiment Rating
Positive News

See Recent CDW News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/16/2024Morgan Stanley
3 of 5 stars
 Boost TargetEqual Weight ➝ Equal Weight$190.00 ➝ $193.00+9.62%
11/15/2024Redburn Atlantic
5 of 5 stars
H. Read
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Initiated CoverageBuy$230.00+27.23%
10/31/2024Barclays
3 of 5 stars
 Lower TargetEqual Weight ➝ Equal Weight$229.00 ➝ $201.00+6.03%
10/28/2024JPMorgan Chase & Co.
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 DowngradeOverweight ➝ Neutral$260.00 ➝ $235.00+8.29%
10/1/2024Citigroup
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A. Merchant
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DowngradeBuy ➝ Neutral$250.00 ➝ $245.00+8.26%
7/17/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$250.00 ➝ $260.00+9.35%
6/7/2024Northcoast Research
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K. Housum
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UpgradeNeutral ➝ Buy$270.00+21.73%
3/22/2024Evercore ISI
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 Boost TargetOutperform ➝ Outperform$250.00 ➝ $300.00+17.55%
10/3/2023UBS Group
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 Initiated CoverageBuy$237.00+17.92%
8/3/2023Raymond James
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 Boost TargetOutperform ➝ Outperform$200.00 ➝ $220.00+11.68%
5/4/2023Bank of America
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 Lower Target$200.00 ➝ $185.00+13.06%
5/4/2023Credit Suisse Group
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 Lower Target$195.00 ➝ $190.00+15.17%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 01:07 PM ET.


Should I Buy CDW Stock? CDW Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, December 13, 2024. Please send any questions or comments about these CDW pros and cons to contact@marketbeat.com.

CDW
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in CDW Co.:

  • CDW Co. has a strong market capitalization of approximately $23.75 billion, indicating a solid position in the information technology services sector, which can provide stability and growth potential for investors.
  • The stock is currently trading at $178.25, which may present a buying opportunity for investors looking for value, especially considering the recent price fluctuations.
  • Recent analyst ratings show a consensus of "Moderate Buy" with a price target averaging around $244.63, suggesting potential upside for investors based on market expectations.
  • Institutional ownership is high, with 93.15% of the stock held by hedge funds and other institutional investors, indicating confidence from large investors in CDW Co.'s future performance.
  • CDW Co. has demonstrated resilience with a relatively low debt-to-equity ratio of 2.39, which suggests that the company is managing its debt levels effectively compared to its equity, reducing financial risk.

CDW
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in CDW Co. for these reasons:

  • Recent downgrades from analysts, including Citigroup and JPMorgan Chase & Co., have reduced their ratings and price targets, which may indicate a bearish outlook on the stock's short-term performance.
  • The stock has experienced a decline from its 52-week high of $263.37, which could signal a downward trend that may concern potential investors.
  • CDW Co. has a relatively high PEG ratio of 5.06, suggesting that the stock may be overvalued relative to its earnings growth, which could deter value-focused investors.
  • Recent trading volumes have shown fluctuations, with a notable drop in average trading volume, which may indicate reduced investor interest or confidence in the stock.
  • Despite a strong institutional backing, the company has seen significant stake reductions from some institutional investors, such as Martingale Asset Management L P, which could raise concerns about future performance.

CDW Forecast - Frequently Asked Questions

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for CDW is $241.75, with a high forecast of $300.00 and a low forecast of $193.00.

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CDW in the last twelve months. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CDW shares.

According to analysts, CDW's stock has a predicted upside of 38.51% based on their 12-month stock forecasts.

Over the previous 90 days, CDW's stock had 2 downgrades by analysts.

CDW has been rated by research analysts at Barclays, Citigroup, JPMorgan Chase & Co., Morgan Stanley, and Redburn Atlantic in the past 90 days.

Analysts like CDW less than other "computer and technology" companies. The consensus rating score for CDW is 2.50 while the average consensus rating score for "computer and technology" companies is 2.69. Learn more on how CDW compares to other companies.


This page (NASDAQ:CDW) was last updated on 12/22/2024 by MarketBeat.com Staff
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