
INGM Stock Forecast & Price Target
INGM Analyst Ratings
Bulls say
Ingram Micro Holding Corp is strategically positioned for growth due to a slight resurgence in total PC shipments, which rose approximately 2% year-over-year in 4Q24, indicating a recovery in the IT sales channel after previous declines. The company is experiencing strong demand for networking products, particularly in campus switching and industrial applications, which aligns with emerging trends in AI and cloud technology, suggesting a solid foundation for future revenue expansion. Furthermore, Ingram Micro's commitment to enhancing its product portfolio and generating improved free cash flow positions it to achieve its long-term financial targets, including organic revenue growth that exceeds market expectations, alongside the initiation of quarterly dividends beginning in 1Q25.
Bears say
Ingram Micro Holding Corp faces several significant challenges that contribute to a negative outlook on its stock. Management anticipates a net leverage decrease to 1.0x by FY26, which may indicate financial strain in the current fiscal year, particularly given the ongoing global macro headwinds that are projected to suppress IT spending and hinder growth. Additionally, the company is exposed to risks including a slower-than-expected PC refresh cycle, margin pressures from rebates and supply chain disruptions, and lower projected free cash flow generation, suggesting difficulty in achieving sustainable financial improvements.
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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