- Prev close
- $158.39
- Day range
- $152.40 – $159.59
- Next earnings
- in 87 days
CDW’s 6.1% slide came alongside a sharp drop in distributor peers, so the move reads more like a sector reset than company-specific damage; the backdrop is mixed because growth and guidance are solid, but the stock has already re-rated to 19.5 times earnings.
CDW
CDW CORP/DE
As of Nov 5, 2026
46/100
Worth keeping an eye onHealth ScoreWhy it moved
CDW fell -6.1% in the session, while the S&P 500 rose +1.7% and the Nasdaq 100 rose +1.0%, so the broad market does not explain the move. The same-sector tape was weak as SNX fell -6.5%, ARW fell -12.6%, AVT fell -10.6%, and INGM fell -6.4%, which makes this look primarily sector-wide rather than idiosyncratic. The day’s path — opening at $170.79, trading as high as $171.43, and closing at $158.39 after a low of $158.03 — shows a sharp fade from early strength, consistent with a distributor de-rating across the group.
Normal volatility?
This move is more than ordinary noise because CDW is not cheap and the shares are already near the top of the 52-week range of $97.12 – $172.47. The fundamentals are still intact: revenue is up +7.4% YoY on a TTM basis, the latest quarter was +10.0% YoY, EPS is up +3.4% YoY TTM, and margins remain solid at gross +21.4%, operating +7.1%, and net +4.6%. Valuation is reasonable but not a cushion in a sell-off: PE is 19.5, forward PE is 13.0, PEG is 1.75 — PEG is price/earnings divided by growth, so 1.75 means investors are paying 1.75x the growth rate — and beta is 0.91, which says the stock is usually a bit less volatile than the market. Put together, the decline sits alongside steady growth and margins, but the sector’s own sharp repricing shows this was not just routine day-to-day movement.
Earnings preview
The next earnings date is 2027-02-02. The facts here do not include a formal revenue or EPS consensus for that report, so I cannot state market expectations for the upcoming print beyond the existing operating trend: revenue is running at +7.4% YoY TTM, the latest quarter was +10.0% YoY, and EPS is +3.4% YoY TTM. The company has already shown it can beat and raise — recent results included record Q3 2026 revenue of US$6.75b, adjusted EPS of US$3.26, both ahead of analyst estimates, and a higher full-year outlook — so the market will be focused on whether that pace holds. The main items to watch are continued AI-focused infrastructure demand, cybersecurity and broader mix trends across commercial, government, education, and international customers, plus whether margins stay near gross +21.4% and operating +7.1% while the Lovelytics acquisition and the higher quarterly dividend of US$0.680 per share are absorbed.
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