CDW Corporation ($CDW) Stock Forecast: Up 5.3% Today

What is CDW Corporation?

CDW Corporation (CDW) is a leading provider of technology solutions for business, government, education, and healthcare sectors. The company offers a wide range of products and services, including hardware, software, and IT solutions.

Why is CDW Corporation going up?

CDW stock is up 5.3% on Jun 23, 2026 19:56

• CDW stock saw a significant uptrend of nearly 6% after receiving an upgrade to Overweight with a $130 price target, driven by strong IT demand and AI-related factors.
• Positive projections from Morgan Stanley, citing robust enterprise server demand and local AI deployment influencing server market demand, further buoyed market sentiment towards CDW.
• The market reacted favorably to the upgrades and price target hikes, reflecting investor confidence in CDW's growth opportunities within the IT industry.
• Recent insider activity, notably Director David W. Nelms purchasing 18,000 shares, contributed to the optimistic outlook on CDW, supporting the upward momentum in the market.

CDW Price Chart

CDW Technical Analysis

CDW News

CDW Stock Pops As JPMorgan Upgrade Fuels Bullish Re‑Rating

CDW Corporation stock surged by 5.37% following an upgrade from JPMorgan to Overweight with a $130 price target, driven by strong IT demand, AI's influence, and a robust backlog. The article highlights CDW's solid financial performance, including significant Q1 revenue, healthy cash flow, and strong earnings per share, positioning it as a quality investment at a reasonable price. Insider activity, with Director David W. Nelms buying 18,000 shares, further strengthens the bullish sentiment around the company.

https://stockstotrade.com/news/cdw-corporation-cdw-news-2026_06_23/

Morgan Stanley lifts server market TAM to $809B, boosts targets on compute stocks

Morgan Stanley has raised its 2026 server market total addressable market (TAM) forecast to $809 billion, citing stronger-than-expected enterprise compute demand driven by shortages, refresh activity, and AI infrastructure needs. The bank increased earnings-per-share forecasts for six enterprise compute companies and upgraded CDW to Overweight, while maintaining TD Synnex as its preferred pick due to its exposure to hyperscalers. Morgan Stanley cautioned that the current "on-prem compute budget inflation" might not be sustainable beyond 2027.

https://www.investing.com/news/stock-market-news/morgan-stanley-lifts-server-market-tam-to-809b-boosts-targets-on-compute-stocks-4756146

CDW Stock Jumps Nearly 6% — Why Morgan Stanley Is Growing More Optimistic On This IT Play

Morgan Stanley has upgraded CDW to 'Overweight' and increased its price target, leading to a nearly 6% jump in the stock. The bank believes concerns about AI disruption and weak software sales are overstated, presenting an attractive entry point for investors. Strong enterprise server demand and a $1-billion share buyback program are cited as key drivers for potential upside.

https://stocktwits.com/news-articles/markets/equity/cdw-stock-jumps-nearly-6-percent-morgan-stanley-bullish-it-play/cZKwB8FR7as

Local AI deployment fuels server market demand! Morgan Stanley upgrades CDW (CDW.US) and raises price targets for IBM (IBM.US) and Dell (DELL.US).

Morgan Stanley has upgraded CDW (CDW.US) to "Overweight" from "Equal-weight" and increased its price target from $230 to $330. The firm also raised price targets for IBM (IBM.US) to $227 and Dell (DELL.US) to $178, citing strong demand in the server market driven by local AI deployment. Analyst Erik Woodring highlighted that the market is underestimating the boost from new AI processors for servers and the accelerating demand for on-premise AI infrastructure.

https://www.moomoo.com/news/post/71902455/local-ai-deployment-fuels-server-market-demand-morgan-stanley-upgrades

Pzena Focused Value Strategy Added CDW (CDW) Amid Misplaced AI Concerns

Pzena Focused Value Strategy initiated a position in CDW Corporation (CDW) in Q1 2026, believing that AI-related fears weighing on the stock are misplaced. Despite a challenging market and the portfolio underperforming the Russell 1000 Value Index, Pzena sees a strong long-term opportunity, viewing CDW's recent investments to broaden its product portfolio as strategically sound. While 46 hedge funds held CDW, Insider Monkey suggests other AI stocks might offer greater returns.

https://www.insidermonkey.com/blog/pzena-focused-value-strategy-added-cdw-cdw-amid-misplaced-ai-concerns-1787473/

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CDW Corporation Price History

22.04.2026 - CDW Stock was up 5.1%

• CDW Corp.'s announcement of a $0.63 dividend per share highlighted its emphasis on cash generation and supporting shareholder returns, influencing positive investor sentiment and driving the stock's upward movement.
• Despite not keeping pace with major market indices, CDW demonstrated resilience by sustaining consecutive days of gains amidst cautious remarks on IT spending and concerns about future growth.
• Investor assessment likely factored in the stock's valuation, demand patterns, and cyclical exposure to US enterprise IT spending, underscoring the importance of comprehending the wider IT infrastructure investment environment for evaluating CDW's performance.

29.04.2026 - CDW Stock was up 7.4%

• CDW Corp. stock experienced a strong bullish movement, outperforming the market and its competitors.
• The upgrade of CDW's stock rating by a financial institution, along with the increased price target, contributed to the positive momentum.
• Analysts are optimistic about CDW's market share gains, strong execution, diverse client base, and vendor relationships, despite a soft IT spending environment.
• The consistent outlook on CDW's valuation and the upgrade from Neutral to Overweight by another financial institution further boosted investor confidence in the company's growth prospects.

27.04.2026 - CDW Stock was up 6.1%

• CDW's stock saw a significant bullish movement after receiving an upgrade to an "Overweight" rating and a set price target of $130. This positive sentiment likely boosted investor confidence in the company's growth prospects.
• The approval of an amendment for stockholder action by written consent also contributed to the bullish trend, signaling a commitment to enhancing stockholder participation and corporate governance transparency.
• Despite underperforming compared to competitors on Tuesday, CDW's overall bullish movement can be attributed to the combination of favorable analyst ratings, corporate governance improvements, and a broader market sentiment that supported the stock's positive trajectory.

01.05.2026 - CDW Stock was up 6.3%

• CDW Corp.'s stock experienced a significant bullish movement today, with shares rising almost 10%.
• The surge in stock value is linked to the introduction of an increased $1 billion share buyback program and CEO Christine A. Leahy's acquisition of 4,830 shares, which has strengthened investor confidence in the company's returns and management strategy.
• Analysts revising their projections on CDW Corp. after evaluating its first-quarter performance and insider trading, such as Director David Nelms' purchase of 18,000 shares, have also contributed to the positive market shift.
• In summary, favorable financial results, insider trading activities, and strategic decisions by the company have driven CDW Corp.'s stock to outperform rivals, closing at its highest price since April 29.

01.05.2026 - CDW Stock was up 5.2%

• CDW Corp.'s stock surge is attributed to:
• Insider buying activity by Director David Nelms, reflecting confidence in the company's undervalued stock.
• Favorable market sentiment towards midcap tech firms such as CDW, known for building significant market presence through established franchises and adaptation to emerging trends like AI.
• Outperforming competitors like Apple and HP Inc., extending CDW Corp.'s winning streak.
• In summary, CDW Corp.'s stock saw a bullish movement today driven by insider buying, positive market sentiment towards midcap tech companies, and strong performance relative to competitors.

27.04.2026 - CDW Stock was up 5.0%

• CDW's stock saw a significant increase in value today following an upgrade by a prominent financial institution from Neutral to Overweight, with a target price of $130. This encouraging update likely boosted investor confidence in the company's future prospects.
• The approval of a revised stockholder action amendment suggests a shift in governance strategy aimed at increasing shareholder engagement flexibility. This development may have positively influenced investor sentiment, contributing to the stock's upward movement.
• Although CDW lagged behind competitors earlier in the week, the stock rebounded today, showcasing steady performance post-leadership transition and solid financial results. This resilience in volatile market conditions highlights the company's strategic positioning and focused growth strategies.
• While a recent halt to the stock's five-day winning streak occurred, today's positive momentum indicates investor optimism regarding CDW's future trajectory, supported by transparent leadership direction and continued emphasis on key market sectors.

12.04.2026 - CDW Stock was down 5.1%

• CDW Corp's stock dropped 4.91% to $104.79 despite meeting Q1 EPS estimates.
• The underperformance of CDW's stock for two consecutive days compared to its competitors could have contributed to the bearish trend.
• A price target cut by analysts may have added to the negative sentiment surrounding the stock, although Evercore maintained a positive outlook with a Buy rating and a target price of $160.
• Despite gains in the S&P 500 Index and the Dow Jones Industrial Average, CDW's bearish movement could indicate specific company-related issues affecting its performance.

05.05.2026 - CDW Stock was down 5.0%

• CDW Corp. stock experienced a downtrend despite reporting 9% year-on-year revenue growth and maintaining its quarterly dividend. Investors may be reassessing the company's growth, margins, and valuation given the uncertain technology spending environment.
• Following a 26.5% surge since the last earnings update, the stock had been performing strongly, outpacing the S&P 500. However, increased operating costs and investments in AI may have led to recent selling pressure.
• By declaring a quarterly dividend of $0.630 per share, CDW aims to prioritize shareholder returns. This move, alongside its capital allocation strategy, seeks to offer value to investors amid market fluctuations.
• Despite outperforming competitors in recent trading sessions, CDW Corp. observed a downward trend likely influenced by overall market conditions and investor sentiment towards technology stocks.

08.04.2026 - CDW Stock was down 5.1%

• CDW's stock experienced a bearish movement today following multiple price target cuts by Barclays and Evercore ISI Group.
• The reduction in price targets from various analysts suggests a cautious outlook on CDW's stock performance, leading to a decrease in the expected stock price.
• Despite the bearish market movement, GuruFocus assesses CDW as significantly undervalued with a strong GF Score™ of 79/100, indicating good potential for long-term returns.
• The mixed ratings and price target adjustments highlight the uncertainty surrounding CDW's stock amidst market conditions and analyst outlooks.

08.04.2026 - CDW Stock was down 5.2%

• CDW's price target was lowered by Barclays from $144.00 to $123.00, suggesting a more cautious stance on the stock.
• Despite this adjustment, Evercore ISI Group maintained an "Outperform" rating for CDW while reducing the price target to $160.00, indicating continued confidence in the company's performance.
• The conflicting analyst ratings and price target changes likely influenced the bearish movement in CDW's stock as investors reevaluated their positions in light of varying perspectives.
• The discordant assessments by different analysts may have introduced uncertainty into the market, contributing to the decline in CDW's stock price today.

06.04.2026 - CDW Stock was down 19.8%

• Despite CDW Corporation reporting strong Q1 2026 results with sales growth and meeting earnings expectations, the stock experienced a bearish movement.
• The decision by a financial advisory firm to maintain a Buy rating on CDW but lower the price target to $150 might have influenced investor sentiment and contributed to the bearish trend.
• The market reaction could also be due to profit-taking by investors following the company's consistent dividend payouts and strong financial performance.
• Overall, the bearish movement in CDW stock today seems to be a result of a combination of factors, including analyst actions, profit-taking, and possibly broader market conditions impacting investor sentiment.

23.05.2026 - CDW Stock was up 5.3%

• CDW stock saw a significant uptrend of nearly 6% after receiving an upgrade to Overweight with a $130 price target, driven by strong IT demand and AI-related factors.
• Positive projections from Morgan Stanley, citing robust enterprise server demand and local AI deployment influencing server market demand, further buoyed market sentiment towards CDW.
• The market reacted favorably to the upgrades and price target hikes, reflecting investor confidence in CDW's growth opportunities within the IT industry.
• Recent insider activity, notably Director David W. Nelms purchasing 18,000 shares, contributed to the optimistic outlook on CDW, supporting the upward momentum in the market.