CDW (CDW) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $2.91
- Estimate
- $2.80
- Surprise
- +4.0%
- Revenue (period 2026-06-30)
- $6.57B
- Score at report (before → after)
- 5.2 → 5.6/10
Revenue source: xbrl.
How the report landed
CDW (CDW) beat the $2.80 estimate with adjusted EPS of $2.91 — a clear 4.0% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.2/10) to Hold at 5.6/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates CDW Sell at 5.1/10.
3 of the last 4 quarters beat the estimate; this quarter's +4.0% surprise compares with a +3.0% four-quarter average. Next scheduled report: 2026-11-03.
What supports the rating
- Strong earnings beat streak (3/4)
What argues against it
- Analyst target reached - limited upside remaining
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.3)
- Sector modifier (Technology): -0.8
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $135.43
- Price target
- $138.04
- Stop
- $131.27
- Upside to target
- +1.9%
- Reward-to-risk
- 0.2:1
The stock trades at 17.6× trailing but 11.6× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-26 — shown for context, not personalized investment advice.
CDW at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Information Technology Services
- Market cap
- $17.43B
- P/E (fwd)
- 11.6
- P/E (ttm)
- 17.6
- 52-week range
- $97.12–$167.00
- Off 52-week high
- 18.9%
- RSI (14)
- 32
- Volume vs avg
- 0.75×
- Score today
- 5.1/10