
INGM Stock Forecast & Price Target
INGM Analyst Ratings
Bulls say
Ingram Micro Holding Corp has demonstrated resilience and potential for growth, with a projected long-term organic revenue growth of mid-single digits, which exceeds current estimates for FY24-26. The company is well-positioned to capitalize on emerging trends, such as the anticipated demand for AI PCs and networking solutions, which are expected to increase average selling prices and contribute to revenue expansion. Additionally, Ingram Micro's focus on improving free cash flow and initiating quarterly dividends beginning in Q1 2025 signals a commitment to shareholder value and robust earnings growth.
Bears say
Ingram Micro Holding Corp's outlook is negatively impacted by several fundamental factors that could hinder its financial performance. Management anticipates a net leverage ratio of approximately 2.2x for FY24E, decreasing to 1.0x by FY26E; however, this trajectory does not fully mitigate significant risks, including a slower-than-expected PC refresh cycle and global macroeconomic headwinds that may depress IT spending in the medium term. Furthermore, challenges such as margin pressures resulting from supply chain disruptions, lower free cash flow generation, and a sluggish adoption of AI-enabled hardware contribute to an unfavorable forecast for the company's growth prospects.
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
Start investing in INGM
Order type
Buy in
Order amount
Est. shares
0 shares