JPMorgan Chase & Co. Upgrades CDW (NASDAQ:CDW) to “Overweight”

Posted by George Bondi on May 27th, 2026

CDW (NASDAQ:CDW – Get Free Report) was upgraded by equities research analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research report issued to clients and investors on Wednesday. The brokerage currently has a $130.00 target price on the information technology services provider’s stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 19.72% from the company’s previous close.

Several other equities research analysts also recently issued reports on the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of CDW in a report on Friday, April 24th. Royal Bank Of Canada upgraded shares of CDW to an “outperform” rating and set a $130.00 target price for the company in a research note on Wednesday. Morgan Stanley raised their price target on shares of CDW from $141.00 to $142.00 and gave the company an “equal weight” rating in a research report on Thursday, February 5th. Raymond James Financial set a $150.00 price target on shares of CDW in a report on Wednesday, May 6th. Finally, Citigroup reduced their price objective on shares of CDW from $150.00 to $123.00 and set a “neutral” rating for the company in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $140.63.

View Our Latest Stock Analysis on CDW

CDW Price Performance

Shares of NASDAQ CDW opened at $108.59 on Wednesday. CDW has a fifty-two week low of $97.12 and a fifty-two week high of $186.70. The stock has a market cap of $13.87 billion, a price-to-earnings ratio of 13.21, a PEG ratio of 1.50 and a beta of 1.04. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.06 and a current ratio of 1.16. The firm’s 50-day simple moving average is $120.72 and its 200 day simple moving average is $129.66.

CDW (NASDAQ:CDW – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The information technology services provider reported $2.28 EPS for the quarter, hitting analysts’ consensus estimates of $2.28. The firm had revenue of $5.68 billion during the quarter, compared to analyst estimates of $5.48 billion. CDW had a return on equity of 49.67% and a net margin of 4.70%.The company’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same period in the previous year, the company posted $2.15 EPS. As a group, research analysts anticipate that CDW will post 10 earnings per share for the current fiscal year.

Institutional Trading of CDW

Hedge funds have recently added to or reduced their stakes in the stock. Marshall Wace LLP grew its position in shares of CDW by 255.7% during the 3rd quarter. Marshall Wace LLP now owns 599,248 shares of the information technology services provider’s stock valued at $95,448,000 after acquiring an additional 430,796 shares during the period. Border to Coast Pensions Partnership Ltd bought a new stake in shares of CDW in the 3rd quarter worth approximately $29,649,000. SG Americas Securities LLC lifted its stake in CDW by 531.9% in the fourth quarter. SG Americas Securities LLC now owns 189,285 shares of the information technology services provider’s stock valued at $25,781,000 after purchasing an additional 159,332 shares during the last quarter. Life Cycle Investment Partners Ltd purchased a new position in CDW in the fourth quarter valued at approximately $18,948,000. Finally, PFA Pension Forsikringsaktieselskab bought a new position in CDW during the fourth quarter valued at $16,274,000. Institutional investors own 93.15% of the company’s stock.

CDW Company Profile

(Get Free Report)

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.