Analyst Raises PT on CDW Corporation (CDW) Following Strong Q4 Results

CDW Corporation (NASDAQ:CDW) is one of the 12 Cheap Technology Stocks to Invest In According to Hedge Funds.

On February 5, TheFly reported that Erik Woodring at Morgan Stanley raised the price target on CDW Corporation (NASDAQ:CDW) from $141 to $142, while keeping an Equal Weight rating on the shares.

Morgan Stanley raised the target following strong Q4 2025 results. CDW exceeded the adjusted earnings per share by $0.13, posting $2.57, while revenue came in at $5.51 billion, surpassing the estimates by $179 million.

CDW Corporation’s CEO Christine A. Leahy mentioned that the strong cash flow generation provided flexibility across the firm’s capital priorities, leading to Mergers & Accuisitions and returning over $982 million to shareholders through share repurchases and dividends. Leahy stated:

Our position as a trusted advisor remains a clear differentiator, and our results highlight the resilience of our diversified customer base and the depth of our product and solutions portfolio, built on strategic investments and an unwavering focus on our customers.

For 2026, the company expects to exceed the U.S. IT addressable market growth by 200 to 300 basis points. To achieve this growth, CDW Corporation will remain committed to meeting the growing demands of over 250,000 customers and focus on the rising interest in AI.

CDW Corporation has an average price target of $162, highlighting an upside potential of more than 29.50%.

CDW Corporation (NASDAQ:CDW) offers IT solutions in the U.S., the U.K., and Canada. The company provides discrete hardware and software products and services, including on-premise and cloud capabilities across hybrid infrastructure, digital experience, and security.

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