Vernon Hills, Illinois-based CDW Corporation (CDW) provides information technology (IT) solutions in the United States and internationally. With a market cap of $23.1 billion, the company operates through Corporate, Small Business, and Public segments.

Companies worth $10 billion or more are typically referred to as "large-cap stocks." CDW fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the information technology services industry. The company benefits from its portfolio of vast product and service offerings.

The stock touched its 52-week high of $241.26 on Jul. 16, 2024, and is currently trading 27.6% below that peak. CDW stock has observed a 4.9% uptick over the past three months, notably lagging behind the S&P 500 Index’s ($SPX) 8% surge during the same time frame.

CDW stock has underperformed the broader market over the longer term as well. The stock has grown marginally on a YTD basis and has declined 22.8% over the past 52 weeks, underperforming SPX’s 2.8% gains in 2025 and 11.5% returns over the past year.

To confirm the overall bearish trend and recent upturn, CDW stock has traded mostly below its 200-day moving average since last year, with some fluctuations and above its 50-day moving average since early May.

CDW stock soared 7.1% following the release of its impressive Q1 earnings on May 7. The company’s net sales increased 6.7% year-over-year to $5.2 billion, primarily driven by an increased customer demand for mobile devices, desktops, software, and services, and surpassed the Wall Street estimates. Moreover, its adjusted operating margin came in at 8.5%, compared to 8.3% in the previous year’s quarter, and drove its adjusted operating income to rise 10% from the prior year’s quarter to $444 million. CDW’s adjusted EPS also grew 11.9% year-over-year to $2.15 and surpassed the consensus estimates.

Its peer, Leidos Holdings, Inc. (LDOS), has outperformed the stock over the past year, with its shares rising 2.8% in 2025 and 2.4% over the past 52 weeks.

Among the 11 analysts covering the CDW stock, the consensus rating is a “Moderate Buy.” Its mean price target of $206 suggests a modest 17.9% upside potential from current price levels.