CDW CorporationNasdaq: CDW

No material news in the last 48 hours.

No material news in the last 48 hours.

No material news in the last 48 hours.

No material news in the last 48 hours.

On May 13, 2026, CDW's board approved an additional $1 billion for its share repurchase program. The company also reported Q1 2026 results on May 6, with revenue of $5.68 billion (+9.2% YoY) beating estimates of $5.54 billion, though non-GAAP EPS of $2.28 missed consensus of $2.31 by $0.03. CEO Christine Leahy cited customers moving from AI exploration into production environments as a tailwind. CDW declared a $0.630 quarterly dividend payable June 10 to holders of record May 25. Insider Hang Tan received a 33,802-share RSU grant on May 13. Analyst consensus is Buy with average 12-month target of $148.25 (~48% upside from $104.50).

CDW $1B share repurchase increasegurufocus.comCDW Reports Q1 2026 Earningsbusinesswire.comCDW posts better than expected sales Q1 2026stockstory.org

On May 13, 2026, CDW announced its board approved an additional $1B for its share repurchase program and granted officer Hang Tan 33,802 restricted stock units. CDW reported Q1 2026 revenue of $5.68B, up 9.2% YoY and beating consensus, with non-GAAP EPS of $2.28 in line with expectations driven by robust AI infrastructure demand. The company plans to allocate $100M-$200M toward growth investments through 2027-2028 while targeting 200-300 bps of market outperformance. Despite the sales beat, the stock sold off on margin concerns. Analyst price targets were trimmed: Citi to $123 from $150 on May 8 and JPMorgan to $130 from $160. The median analyst price target stands at $155 among 6 analysts.

CDW Announces $1 Billion Share Repurchase Program Increasegurufocus.comCDW Posts Better-Than-Expected Sales In Q1 CY2026 But Stock Dropsstockstory.orgEquity grant: CDW awards 33,802 restricted stock units to company officerstocktitan.net

CDW reported Q1 2026 revenue of $5.68B, up 9.2% YoY and beating estimates, driven by AI infrastructure demand, though non-GAAP EPS of $2.28 missed by $0.03. On May 13, 2026, the Board approved an additional $1B for share repurchases, complementing $484M remaining from the prior authorization. Several major analysts cut price targets following earnings: Citi to $123 (from $150) on May 8, JPMorgan to $130 (from $160), Evercore ISI to $160 (from $180), and UBS to $147 (from $162). Hang Tan joined as Chief Strategy and Transformation Officer reporting to CEO Christine Leahy. Stock dropped despite revenue beat.

CDW (NASDAQ:CDW) Posts Better-Than-Expected Sales In Q1 CY2026 But Stock Dropsstockstory.orgCDW Announces $1 Billion Share Repurchase Program Increasegurufocus.comCDW stock: $1B buyback boost after Q1 beatad-hoc-news.de

On May 13, 2026, CDW's board approved an additional $1 billion share repurchase authorization, complementing the ~$484M remaining from the prior program. The move follows Q1 2026 results on May 6 showing net sales up 9.2% YoY to $5.68B (beat) but adjusted operating income of $376M missing the $459.1M consensus, while adjusted EPS of $2.28 matched. Commercial segment grew 9.6% to $3.57B led by Financial Services (+28.2%), and UK/Canada combined rose 17.9%. CDW also announced a $0.63 dividend (May 22 ex-date) and appointed Hang Tan as Chief Strategy and Transformation Officer. Risk: multiple firms (Citi, JPMorgan, Evercore ISI, UBS, Barclays) cut price targets after the operating-income miss.

CDW Announces $1 Billion Share Repurchase Program Increasegurufocus.comCDW (NASDAQ:CDW) Posts Better-Than-Expected Sales In Q1stockstory.orgCDW Reports First Quarter 2026 Earningsbusinesswire.com

CDW Corporation announced on May 12, 2026 a $1 billion increase to its share repurchase program, incremental to approximately $484M remaining from the prior authorization. The company also declared a quarterly cash dividend of $0.630 per share payable June 10, 2026 to holders of record May 25. Q1 2026 earnings beat expectations with EPS of $2.28 vs $2.26 estimate and revenue of $5.7B vs $5.46B projection, representing 9.2% YoY revenue growth. Despite the strong results, multiple analysts including Citi, JPMorgan, Evercore ISI, UBS, and Barclays lowered their price targets in early May citing margin concerns and macro headwinds. Since its 2013 IPO, CDW has returned approximately $8.4B to shareholders through buybacks and dividends.

CDW Authorizes $1 Billion Share Repurchase Program Increasebusinesswire.comCDW boosts share repurchase program by $1Bstocktitan.netCDW stock: $1B buyback boost after Q1 beatad-hoc-news.de

CDW reported Q1 2026 results on May 6, 2026, with revenue of $5.68B (up 9.2% YoY, beating $5.54B estimate) but EPS of $2.28 missed the $2.31 consensus by $0.03. The stock fell 20% on May 6 with $140M trading volume amid margin pressure concerns. Commercial segment grew 9.6%, Government 4.6%, Education 2.5%. Multiple analysts slashed price targets on May 7-8: Citi to $123 from $150, JPMorgan to $130 from $160, Evercore ISI to $160 from $180, UBS to $147 from $162, Barclays to $123 from $144. Shares fell another 4.91% on May 8 to $104.79. The Board declared a $0.630 quarterly dividend payable June 10.

CDW Reports First Quarter 2026 Earningsbusinesswire.comCDW Posts Better-Than-Expected Sales In Q1 CY2026 But Stock Dropsstockstory.orgCDW Q1 2026 slides: revenue tops $5.7B amid margin pressureinvesting.com

Although Q1 2026 revenue beat at $5.68B (up 9.2% YoY), CDW shares fell sharply (reports vary from -4.9% on May 8 to a steeper drop on the print) and touched a 52-week low after an analyst lowered the price target to $123 from $150 while maintaining Neutral. EPS of $2.28 missed the $2.31 consensus by three cents, and gross margin narrowed to 21% from 21.6% on a sales-mix shift toward hardware. The board declared a $0.630 quarterly dividend payable June 10. Bear case: persistent mix-driven margin pressure flagged by CFO Al Miralles suggests the EPS miss could repeat if hardware demand continues outpacing higher-margin services.

CDW Stock Sinks To 52-Week Low - Here's Whybenzinga.comCDW Corp Drops 4.91% to $104.79 amid analyst adjustmentsad-hoc-news.de

CDW reported Q1 2026 earnings on May 6, 2026, with revenue up 9.2% YoY to $5.68B (beating $5.54B estimate) but EPS of $2.28 missing the $2.31 consensus by $0.03. Despite the revenue beat, the stock plunged 20.6% in a single session as margin pressure and softer guidance weighed. Commercial segment net sales rose 9.6% to $3.57B, driven by Financial Services (+28.2%), Corporate (+8.4%), and Healthcare (+4.9%). UK/Canada operations grew 17.9%. Management announced the Geared for Growth initiative targeting $100M-$200M in annual run-rate operational savings by 2028. The board declared a $0.630 quarterly dividend payable June 10. Median analyst price target is $155.

CDW Posts Better-Than-Expected Sales In Q1 CY2026 But Stock Dropsstockstory.orgCDW Reports First Quarter 2026 Earningsbusinesswire.comCDW Plunges 20.6% Amid Sector-Wide Sellingnews.alphastreet.com

CDW reported Q1 2026 revenue of $5.68B (up 9.2% YoY, beating estimates), but EPS of $2.28 (missing $2.31 estimate by $0.03). Commercial segment sales rose 9.6% to $3.569B, driven by 28.2% growth in Financial Services, 8.4% in Corporate, and 4.9% in Healthcare. Despite strong top-line performance, stock fell 20% on May 6 due to margin pressure and supply chain concerns. Management launched Geared for Growth initiative targeting $100-$200M annual operational savings by 2028 via AI modernization. Board approved $0.63 quarterly dividend payable June 10.

CDW Reports First Quarter 2026 Earningsbusinesswire.comCDW Stock Sinks To 52-Week Lowbenzinga.com