Wall Street analyst estimates for CDW Corporation (CDW): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
CDW Corporation specializes in delivering comprehensive information technology services and products across North America and the United Kingdom. It strategically targets three core client divisions: corporate enterprises, small to medium-sized businesses, and public sector organizations. Their portfolio encompasses both individual hardware and software offerings, alongside sophisticated integrated IT solution packages.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $24.3B | $23.7B – $24.8B | $10.98 | 7 |
| 2027E | $25.2B | $24.1B – $26.4B | $12.06 | 7 |
Figures in USD · consensus as of November 2, 2026
Analyst Consensus
| Strong Buy | 1 |
| Buy | 12 |
| Hold | 5 |
| Sell | 0 |
| Strong Sell | 0 |
| Total analysts | 18 |
| Avg rating (−2 sell to +2 buy) | 0.78 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-04 | $2.98 | ||
| 2026-08-05 | $2.91 | $2.80 | +3.9% |
| 2026-05-06 | $2.28 | $2.28 | +0.0% |
| 2026-02-04 | $2.57 | $2.44 | +5.3% |
| 2025-11-04 | $2.71 | $2.62 | +3.4% |
| 2025-08-06 | $2.60 | $2.49 | +4.4% |
| 2025-05-07 | $2.15 | $1.96 | +9.7% |
| 2025-02-05 | $2.48 | $2.33 | +6.4% |
Valuation Ratios
| P/E Ratio | 18.10 |
| Price / Book | 7.83 |
| Dividend Yield | 1.67% |
Income Statement (10y)
| Year | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.84B | $3.96B | $4.26B | $4.66B | $5.74B | $6.29B | $6.79B | $8.07B | $7.16B | $8.80B | $9.60B | $10.13B | $10.77B | $12.07B | $12.99B | $13.67B | $14.83B | $16.24B | $18.03B | $18.47B | $20.82B | $23.75B | $21.38B | $21.00B | $22.42B |
| Cost of Revenue | $3.35B | $3.43B | $3.70B | $3.99B | $4.87B | $5.32B | $5.72B | $6.71B | $6.03B | $7.41B | $8.02B | $8.46B | $9.01B | $10.15B | $10.87B | $11.34B | $12.38B | $13.53B | $14.99B | $15.26B | $17.25B | $19.06B | $16.72B | $16.40B | $17.55B |
| Gross Profit | $489.8M | $527.0M | $563.8M | $673.8M | $870.1M | $967.6M | $1.07B | $1.36B | $1.13B | $1.39B | $1.58B | $1.67B | $1.76B | $1.92B | $2.12B | $2.33B | $2.45B | $2.71B | $3.04B | $3.21B | $3.57B | $4.69B | $4.65B | $4.60B | $4.87B |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $217.8M | $253.3M | $261.6M | $325.2M | $386.6M | $548.0M | $648.4M | $1.04B | $923.0M | $1.04B | $1.11B | $1.16B | $1.25B | $1.25B | $1.37B | $1.51B | $1.58B | $1.72B | $1.91B | $2.03B | $2.15B | $2.95B | $2.97B | $2.93B | $3.22B |
| Operating Expenses | $230.2M | $258.8M | $265.7M | $389.3M | $477.4M | $548.0M | $673.4M | $2.75B | $1.16B | $1.04B | $1.11B | $1.16B | $1.25B | $1.25B | $1.37B | $1.51B | $1.58B | $1.72B | $1.91B | $2.03B | $2.15B | $2.95B | $2.97B | $2.95B | $3.22B |
| Operating Income | $259.6M | $268.2M | $298.2M | $284.5M | $392.8M | $419.6M | $396.4M | -$1.39B | -$31.9M | $352.7M | $470.7M | $510.6M | $508.6M | $673.0M | $742.0M | $820.0M | $866.5M | $987.3M | $1.13B | $1.18B | $1.42B | $1.74B | $1.68B | $1.65B | $1.66B |
| EBITDA | $270.1M | $283.6M | $313.7M | $299.6M | $409.8M | $441.1M | $424.5M | $543.3M | $428.1M | $564.3M | $557.4M | $703.7M | $653.8M | $792.9M | $1.03B | $1.07B | $1.07B | $1.25B | $1.38B | $1.58B | $1.64B | $2.01B | $1.95B | $1.93B | $1.95B |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $390.3M | $431.7M | $391.9M | $324.2M | $307.4M | $250.1M | $197.3M | $159.5M | $146.5M | $150.5M | $148.6M | $159.4M | $154.9M | $150.9M | $235.7M | $226.6M | $214.5M | $227.4M |
| Pre-tax Income | $268.7M | $280.0M | $306.2M | $289.6M | $399.9M | $433.0M | $414.4M | -$1.78B | -$461.2M | -$37.0M | $28.3M | $186.1M | $195.5M | $387.7M | $647.0M | $673.2M | $660.7M | $840.5M | $949.7M | $1.00B | $1.30B | $1.49B | $1.45B | $1.44B | $1.43B |
| Income Tax | $106.4M | $111.3M | $120.9M | $114.4M | $158.4M | $160.9M | $148.3M | -$12.1M | -$87.8M | -$7.8M | $11.2M | $67.1M | $62.7M | $142.8M | $243.9M | $248.1M | $137.6M | $197.5M | $212.9M | $213.8M | $309.2M | $373.3M | $345.9M | $357.6M | $360.8M |
| Net Income | $162.3M | $168.7M | $185.2M | $175.2M | $241.4M | $272.1M | $266.1M | -$1.77B | -$373.4M | -$29.2M | $17.1M | $119.0M | $132.8M | $244.9M | $403.1M | $425.1M | $523.1M | $643.0M | $736.8M | $788.5M | $988.6M | $1.11B | $1.10B | $1.08B | $1.07B |
| EPS | $1.87 | $1.97 | $2.18 | $2.10 | $2.90 | $3.35 | $3.37 | -$12.16 | -$2.57 | -$0.20 | $0.12 | $0.82 | $0.85 | $1.44 | $2.37 | $2.59 | $3.37 | $4.26 | $5.08 | $5.53 | $7.14 | $8.24 | $8.20 | $8.06 | $8.13 |
| EPS (Diluted) | $1.79 | $1.89 | $2.10 | $2.03 | $2.79 | $3.26 | $3.30 | -$12.08 | -$2.56 | -$0.20 | $0.12 | $0.82 | $0.84 | $1.42 | $2.35 | $2.56 | $3.31 | $4.19 | $4.99 | $5.45 | $7.04 | $8.14 | $8.10 | $7.97 | $8.08 |
| Shares Outstanding (Diluted) | 90.9 M | 89.1 M | 88.3 M | 86.2 M | 86.6 M | 83.6 M | 80.7 M | 146.1 M | 146.1 M | 144.4 M | 144.9 M | 145.8 M | 158.7 M | 172.8 M | 171.8 M | 166.0 M | 158.2 M | 153.6 M | 147.8 M | 144.8 M | 140.5 M | 137.0 M | 136.3 M | 135.2 M | 132.1 M |
Price
| Price | $150.59 (closing price, November 2, 2026) |
| Market Cap | $18.8B |
| Exchange | NASDAQ |
| Country | US |
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Explore sector: Technology · Information Technology Services
More sections of CDW: Overview · Financials · Valuation · Statistics · Technical · Ownership · News · Events
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