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CDW ( (CDW) ) has provided an announcement.
On May 6, 2026, CDW reported first quarter 2026 results showing net sales of $5.68 billion, up 9.2 percent year over year, driven by stronger demand for data storage and servers, networking products, software, and notebooks and mobile devices. All segments, including commercial, government, education, and international operations, saw higher customer spending despite ongoing economic and geopolitical uncertainty.
Gross profit rose 6.0 percent to $1.19 billion, though gross margin slipped to 21.0 percent from 21.6 percent, reflecting a lower contribution from netted-down revenue. Operating income increased 4.0 percent to $376 million, while non-GAAP operating income grew 1.8 percent to $452 million, and the company continued to invest in AI initiatives and coworker-related costs, slightly compressing operating margins.
Net income improved 4.7 percent to $235.4 million, with diluted earnings per share rising 7.9 percent to $1.82, and non-GAAP EPS climbing 6.3 percent to $2.28, supported by disciplined working capital management and lower net interest expense from reduced debt and lower variable rates. On the same day, the board approved a quarterly cash dividend of $0.630 per common share, payable June 10, 2026 to shareholders of record on May 25, 2026, underscoring CDW’s continued capital returns and confidence in its cash flow.
The most recent analyst rating on (CDW) stock is a Buy with a $180.00 price target. To see the full list of analyst forecasts on CDW stock, see the CDW Stock Forecast page.
Spark’s Take on CDW Stock
According to Spark, TipRanks’ AI Analyst, CDW is a Neutral.
CDW scores as a steady, cash-generative business with reasonable valuation, supported by earnings-call guidance for modest EPS growth and continued capital returns. The score is held back by leverage and margin/expense pressures, plus mixed technicals with weaker longer-term trend signals and near-term demand unevenness risks.
To see Spark’s full report on CDW stock, click here.
More about CDW
CDW Corporation, based in Vernon Hills, Ill., is a technology products and services provider focused on the full IT stack, including infrastructure hardware, software, and lifecycle services. The company serves diversified end markets such as commercial, government, education, and international customers in the U.K. and Canada, positioning itself as a trusted advisor in a complex and rapidly evolving IT landscape.
CDW emphasizes services-led, full-stack capabilities and an AI-forward strategy as customers shift from artificial intelligence exploration to production environments. By targeting outcome-driven solutions and integration at scale, the company aims to outpace growth in the U.S. IT addressable market, particularly in areas like data storage, servers, networking, and end-user devices.
Average Trading Volume: 1,641,839
Technical Sentiment Signal: Sell
Current Market Cap: $17.31B
For an in-depth examination of CDW stock, go to TipRanks’ Overview page.