PC Connection stock stays 1.6 percent below its 52-week high

Published on 10/07/2026 at 00:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PC Connection stock tracks Q2 revenue of USD 854.0 million, up 12.4 percent year over year. Diluted EPS reached USD 1.31 versus USD 0.97.

CNXN, US69318J1007, Illustration mit AI erstellt.

PC Connection stock (ISIN US69318J1007) was last at USD 92.39 on Nasdaq on October 6, 2026 at 4:00 p.m. ET, 1.6 percent below its 52-week high of USD 93.89. The quote was down USD 0.01, or 0.01 percent, from USD 92.40, with volume of 88,331 shares.

Q2 revenue reaches USD 854.0 million

The latest reported quarter delivered net sales of USD 854.0 million in Q2 2026, up 12.4 percent year over year, while gross profit reached USD 157.5 million and gross margin stood at 18.4 percent, up 30 basis points. PC Connection reported the figures on July 29, 2026.

The operating mix gives the quarterly result more weight than the share price move alone: gross billings reached USD 1.2 billion, up 14.0 percent year over year, showing that customer spending expanded faster than reported sales.

Profit growth outpaced sales growth

Net income rose 33.8 percent year over year to USD 33.2 million in Q2 2026, and diluted EPS reached USD 1.31 versus USD 0.97 a year earlier, according to PC Connection. The earnings increase therefore exceeded the 12.4 percent sales increase, giving investors a clearer profitability signal than revenue growth alone.

Q3 outlook carries a softer comparison

Management expects Q3 2026 revenue to decline slightly from Q2 on a sequential basis, while year-over-year growth remains in the high single digits, Investing.com reported on October 2, 2026. The comparison reflects the unusually strong Q2 base and gives the next report a tougher sequential hurdle.

Analysts split between Buy and Hold

The MarketBeat page updated October 6, 2026 lists a Moderate Buy consensus based on two research reports, with one Buy rating and one Hold rating. That split contrasts with the stock's position near its yearly high and puts greater emphasis on whether Q3 can preserve the earnings momentum shown in Q2.

Stock remains near yearly high

PC Connection stock had a market capitalization of USD 2.3 billion as of October 6, 2026, while the share price remained 1.6 percent below the USD 93.89 52-week high. The Nasdaq quote and the Q2 figures together frame the key issue as execution against a strong recent operating base, rather than a change in the company's IT distribution model.