CDW Corp. stock stands below its USD 161.10 yearly high

CDW Corp. stock (ISIN US12514G1085) was trading at USD 136.94 on Nasdaq on October 7, 2026, up 0.93 percent from the previous close of USD 135.67. The stock's valuation and the company's latest operating figures now point to two different investor questions: how much growth is already priced in, and whether margins can recover.

Revenue reached USD 6.57 billion

CDW reported second-quarter 2026 net sales of USD 6.57 billion, up 10.0 percent from the year-ago quarter, according to Yahoo Finance on October 2, 2026. The same report said non-GAAP operating income rose 7.0 percent to USD 556 million and non-GAAP EPS increased 12.0 percent to USD 2.91.

The growth came with a margin trade-off. Gross margin declined 70 basis points year over year to 20.1 percent, while services growth was 1.0 percent as customers prioritized hardware and cloud investments, according to Yahoo Finance on October 2, 2026. For investors, the 10.0 percent sales increase matters alongside the 20.1 percent gross margin because infrastructure-heavy orders can lift revenue while diluting mix.

AI services expand through acquisition

CDW completed its acquisition of Lovelytics on September 25, 2026, adding more than 600 data and AI specialists across the United States, Canada, Argentina and Colombia. The transaction expands CDW's Services and Solutions portfolio and its Data and Analytics Practice, according to a Business Wire release carried by Yahoo Finance on September 25, 2026.

The acquisition gives CDW additional data strategy, architecture and implementation capabilities, but the release also identified integration costs and the risk that expected benefits may take longer to appear. That makes the second-half margin outlook important: CDW expects operating leverage and its expense ratio to improve sequentially through the second half and into 2027, while gross margins remain affected by product and end-market mix.

Consensus target stands above USD 158

Forbes lists an Outperform consensus recommendation and a consensus price target of USD 158.67, with published targets from USD 148.00 to USD 171.00. Relative to the USD 136.94 Nasdaq price on October 7, 2026, the consensus target lies 15.9 percent above the price, according to Forbes.

The valuation backdrop is less stretched than the target spread suggests. CDW's market capitalization was USD 17.0 billion on October 7, 2026, while the stock's 52-week range was USD 97.12 to USD 161.10. The distance from the current price to the yearly high leaves margin execution and services demand as the clearest operating checkpoints.

CDW stock stays below its yearly high

CDW Corp. stock was last trading at USD 136.94 on Nasdaq on October 7, 2026, with a 52-week high of USD 161.10 and a 52-week low of USD 97.12. The next scheduled earnings date is November 4, 2026.

Upcoming dates for CDW Corp. stock

• November 4, 2026: Third-quarter earnings

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