CDW (NASDAQ:CDW) Given New $130.00 Price Target at JPMorgan Chase & Co.

CDW (NASDAQ:CDW) had its price objective cut by JPMorgan Chase & Co. from $160.00 to $130.00 in a report released on Thursday morning,Benzinga reports. They currently have a neutral rating on the information technology services provider’s stock.

A number of other analysts have also issued reports on CDW. Barclays lowered their target price on shares of CDW from $144.00 to $123.00 and set an “equal weight” rating for the company in a research note on Thursday. Evercore restated an “outperform” rating and issued a $180.00 price objective on shares of CDW in a report on Tuesday, January 20th. UBS Group decreased their price objective on CDW from $162.00 to $147.00 and set a “buy” rating for the company in a report on Thursday. Citigroup raised their price objective on CDW from $148.00 to $150.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Finally, Raymond James Financial set a $150.00 price objective on CDW in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $146.00.

CDW Trading Down 3.7%

CDW stock traded down $4.08 during mid-day trading on Thursday, reaching $106.13. 1,047,775 shares of the stock traded hands, compared to its average volume of 1,739,702. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.10 and a current ratio of 1.16. CDW has a one year low of $105.72 and a one year high of $192.30. The stock has a market capitalization of $13.58 billion, a PE ratio of 12.90, a PEG ratio of 1.50 and a beta of 1.04. The business has a 50-day moving average price of $125.02 and a two-hundred day moving average price of $134.26.

CDW (NASDAQ:CDW) last posted its quarterly earnings data on Wednesday, May 6th. The information technology services provider reported $2.28 earnings per share for the quarter, meeting analysts’ consensus estimates of $2.28. CDW had a net margin of 4.70% and a return on equity of 49.67%. The business had revenue of $5.68 billion for the quarter, compared to analysts’ expectations of $5.48 billion. During the same quarter in the previous year, the business posted $2.15 earnings per share. The business’s revenue was up 9.2% compared to the same quarter last year. Equities research analysts expect that CDW will post 10.01 EPS for the current year.

CDW Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Monday, May 25th will be given a $0.63 dividend. The ex-dividend date is Friday, May 22nd. This represents a $2.52 dividend on an annualized basis and a dividend yield of 2.4%. CDW’s dividend payout ratio is 31.15%.

Institutional Trading of CDW

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CDW. Jones Financial Companies Lllp raised its position in CDW by 316.0% in the first quarter. Jones Financial Companies Lllp now owns 4,896 shares of the information technology services provider’s stock valued at $785,000 after purchasing an additional 3,719 shares during the period. Empowered Funds LLC grew its stake in shares of CDW by 1.2% in the first quarter. Empowered Funds LLC now owns 18,076 shares of the information technology services provider’s stock worth $2,897,000 after acquiring an additional 216 shares in the last quarter. California State Teachers Retirement System grew its stake in shares of CDW by 0.6% in the second quarter. California State Teachers Retirement System now owns 225,709 shares of the information technology services provider’s stock worth $40,309,000 after acquiring an additional 1,242 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S grew its stake in shares of CDW by 1,339.7% in the second quarter. BI Asset Management Fondsmaeglerselskab A S now owns 49,380 shares of the information technology services provider’s stock worth $8,819,000 after acquiring an additional 45,950 shares in the last quarter. Finally, State of Tennessee Department of Treasury grew its stake in shares of CDW by 17.7% in the second quarter. State of Tennessee Department of Treasury now owns 40,927 shares of the information technology services provider’s stock worth $7,309,000 after acquiring an additional 6,143 shares in the last quarter. Hedge funds and other institutional investors own 93.15% of the company’s stock.

Key Headlines Impacting CDW

Here are the key news stories impacting CDW this week:

• Positive Sentiment: Revenue beat and demand for AI/infrastructure: CDW reported solid Q1 sales growth driven by infrastructure and AI hardware demand, which supports the company’s top-line momentum. CDW Corporation Q1 2026 Earnings Call Summary
• Positive Sentiment: ‘Geared for Growth’ AI-first initiative: Management outlined an AI-driven efficiency program targeting $100M–$200M of run?rate improvements into 2027–2028, which could meaningfully lift margins over time. CDW CEO Christine Leahy: ‘Geared For Growth’ AI-First Initiative
• Positive Sentiment: Dividend maintained: CDW declared a quarterly dividend, supporting income-oriented holders and signaling board confidence in cash flow. (Company release May 6)
• Neutral Sentiment: EPS roughly inline: Reported EPS was essentially in line with consensus, so the print didn’t surprise on the bottom line even as revenue beat. CDW Corporation Q1 2026 Earnings Call Summary
• Neutral Sentiment: Analyst views remain mixed: New and differing price targets were published (JPMorgan cut to $130 while others range higher), leaving a wide band of expectations that creates volatility. New Analyst Forecast: $CDW Given $130 Price Target
• Neutral Sentiment: Technicals — oversold setup: Some screens now show CDW as oversold, which could attract short-term buyers even amid broader weakness. CDW Loses 14.0% in 4 Weeks — RSI Note
• Negative Sentiment: Sharp sell-off after Q1: Despite the revenue beat, investors punished the stock due to margin compression and mixed operational signals — the shares dropped significantly and hit 52?week lows. CDW shares plunge 20 per cent despite upbeat Q1 results
• Negative Sentiment: Analyst downgrade/price-target cuts: JPMorgan moved to a neutral stance and lowered its target, and other firms have trimmed expectations — this reduced buy-side conviction and amplified selling pressure. New Analyst Forecast: $CDW Given $130 Price Target
• Negative Sentiment: Insider/congressional selling & institutional churn: Recent insider sales and notable institutional rebalancing added to the negative sentiment backdrop. QuiverQuant CDW data (insider/institutional activity)

CDW Company Profile

CDW (NASDAQ: CDW) is a leading provider of information technology products and integrated solutions for business, government, education and healthcare customers. The company sources and resells hardware and software from major technology vendors and packages those products with professional services, managed services and lifecycle support. Its offerings span IT infrastructure, cloud and data center solutions, cybersecurity, networking, unified communications, endpoint devices, and software licensing and procurement services designed to simplify IT operations for customers.

CDW combines a broad product portfolio with consultative sales, implementation and technical support capabilities.