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Research Alert: CFRA Keeps Hold Opinion On Shares Of Cdw Corporation
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Research Alert: CFRA Keeps Hold Opinion On Shares Of Cdw Corporation
Aug 8, 2025 1:14 AM

03:50 AM EDT, 08/08/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We cut our target to $176 (from $186) at a P/E of 17x our 2026 EPS view. We lift our 2025 EPS view to $9.85 (from $9.75) and keep 2026's at $10.35. CDW's Q2 results reinforce our cautious outlook with 10% revenue growth and solid execution, but mixed end-market dynamics support our Hold view. While Corporate (+18%) and Healthcare (+24%) delivered strong performance, Education's 11% decline and federal spending volatility create near-term headwinds. Management's prudent guidance and emphasis on customer spending selectivity reflect the challenging macroeconomic environment we have anticipated. The lower 17x multiple, down from 18x, appropriately reflects growth deceleration risks and uncertain federal/education trends, though we recognize CDW's defensive characteristics, including strong vendor relationships, diversified customer base, and consistent market outperformance. Our revised target balances solid operational execution against macroeconomic pressures affecting IT spending patterns across key verticals.

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