
INGM Stock Forecast & Price Target
INGM Analyst Ratings
Bulls say
Ingram Micro Holding Corp is positioned favorably within the technology sector due to a projected recovery in PC shipments, which increased approximately 2% year-over-year in the fourth quarter of fiscal year 2024, reflecting improved market conditions after previous declines. The company plans to expand its product portfolio by focusing on emerging technologies such as cybersecurity and AI, which are expected to enhance revenue growth through the delivery of higher-value services. Additionally, Ingram Micro's long-term financial goals anticipate mid-single-digit organic revenue growth and a commitment to returning capital to shareholders via a quarterly dividend starting in the first quarter of 2025, indicating a strong outlook for free cash flow and earnings growth.
Bears say
Ingram Micro Holding Corp faces a negative financial outlook primarily due to expectations of global macro headwinds that are anticipated to reduce IT spending in the medium term. The company struggles with risks such as a slower-than-expected PC refresh cycle and challenges related to supply chain disruptions that could adversely affect margins and free cash flow generation. Furthermore, projected net leverage is expected to decrease from ~2.2x in FY24E to 1.0x by FY26E, indicating ongoing financial strain amidst a competitive technology environment and increasing operational challenges.
This aggregate rating is based on analysts' research of Ingram Micro Holding and is not a guaranteed prediction by Public.com or investment advice.
INGM Analyst Forecast & Price Prediction
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