Citigroup Has Lowered Expectations for CDW (NASDAQ:CDW) Stock Price

CDW (NASDAQ:CDW) had its price objective reduced by Citigroup from $160.00 to $148.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the information technology services provider’s stock. Citigroup’s price objective would indicate a potential upside of 15.97% from the company’s current price.

CDW has been the topic of several other research reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of CDW in a report on Thursday, October 30th. Raymond James Financial raised CDW from an “outperform” rating to a “strong-buy” rating and set a $185.00 target price on the stock in a research report on Tuesday, November 25th. Evercore ISI reaffirmed an “outperform” rating and set a $180.00 target price on shares of CDW in a report on Tuesday. UBS Group dropped their price target on CDW from $200.00 to $190.00 and set a “buy” rating on the stock in a research note on Wednesday, November 5th. Finally, Barclays cut their price objective on CDW from $176.00 to $148.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $171.00.

CDW Price Performance

Shares of NASDAQ CDW opened at $127.62 on Tuesday. CDW has a twelve month low of $124.00 and a twelve month high of $222.92. The company has a current ratio of 1.39, a quick ratio of 1.30 and a debt-to-equity ratio of 2.21. The firm has a 50-day moving average of $139.44 and a two-hundred day moving average of $155.22. The company has a market capitalization of $16.61 billion, a price-to-earnings ratio of 16.11, a PEG ratio of 1.62 and a beta of 1.08.

CDW (NASDAQ:CDW) last announced its quarterly earnings data on Tuesday, November 4th. The information technology services provider reported $2.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.62 by $0.09. CDW had a net margin of 4.76% and a return on equity of 51.89%. The company had revenue of $5.74 billion for the quarter, compared to analysts’ expectations of $5.75 billion. As a group, analysts expect that CDW will post 9.41 earnings per share for the current fiscal year.

Insider Buying and Selling at CDW

In other news, insider Sona Chawla sold 7,400 shares of the company’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $146.17, for a total value of $1,081,658.00. Following the transaction, the insider owned 28,110 shares in the company, valued at $4,108,838.70. This represents a 20.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.84% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of CDW. V Square Quantitative Management LLC lifted its holdings in shares of CDW by 12.1% during the 2nd quarter. V Square Quantitative Management LLC now owns 1,423 shares of the information technology services provider’s stock valued at $254,000 after buying an additional 154 shares during the last quarter. Root Financial Partners LLC acquired a new position in CDW in the third quarter worth approximately $26,000. Cary Street Partners Investment Advisory LLC raised its position in CDW by 15.5% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 1,427 shares of the information technology services provider’s stock valued at $255,000 after acquiring an additional 192 shares in the last quarter. Empowered Funds LLC lifted its stake in CDW by 1.2% in the first quarter. Empowered Funds LLC now owns 18,076 shares of the information technology services provider’s stock valued at $2,897,000 after acquiring an additional 216 shares during the last quarter. Finally, Covestor Ltd grew its position in CDW by 87.9% in the third quarter. Covestor Ltd now owns 483 shares of the information technology services provider’s stock worth $77,000 after acquiring an additional 226 shares in the last quarter. 93.15% of the stock is owned by institutional investors and hedge funds.

Key CDW News

Here are the key news stories impacting CDW this week:

• Positive Sentiment: Unusually large call buying — Traders bought ~3,680 CDW call options (a ~2,244% jump vs. average), signaling short‑term bullish interest or positioning ahead of events. Elevated call volume can lift stock volatility and indicates directional bets from options market participants. Options Activity
• Positive Sentiment: Analyst consensus remains constructive — Street consensus classifies CDW as a “Moderate Buy,” supporting demand from investors who follow analyst views and model‑driven buy lists. Analyst Consensus
• Neutral Sentiment: Upcoming earnings date set for Feb. 4 — Management will report Q4 and full‑year 2025 results and host a webcast; this provides a clear catalyst that could drive volatility and re‑rate consensus depending on guidance and margin commentary. Investors are likely positioning into this event. Earnings Release
• Neutral Sentiment: Partnership news in commercial solutions — A Geotab/CDWare tie‑up highlights CDW’s ecosystem reach into telematics/industry verticals; strategic partnerships support cross‑sell but are unlikely to move near‑term revenue meaningfully on their own. Partnership Announcement
• Negative Sentiment: Price‑target cut by Citigroup to $148 (neutral rating) — Citigroup trimmed its target from $160 to $148, reducing upside and signaling more cautious near‑term expectations; analyst revisions can weigh on sentiment and institutional flows. Citigroup Price Target
• Negative Sentiment: Sector and peer weakness / underperformance — Recent coverage notes U.S. IT hardware stocks sliding amid macro uncertainty and CDW underperformed peers on Tuesday, which can pressure multiple and create headwinds for near‑term shares. Sector Weakness Peer Underperformance

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.