CDW

AI Research

Q4 2025 revenue +5% to $5.5B; targets 200-300bp above US IT market growth in 2026

CDW exceeded Q4 2025 expectations with EPS of $2.57 (5.33% above forecast) and revenue of $5.51B (3.38% above estimates), driving a 3.59% pre-market gain. Net sales grew 7% to $22B for full-year 2025, with strong performance in cloud services, software, and AI solutions, while targeting exceeding US IT addressable market growth by 200-300 basis points in 2026. Despite the beats, analysts express caution due to slow growth trajectory and valuation ratios; 6 analysts recommend buying with an average target of $167.40.