Despite strong technical momentum and free cash flow converting at 157% of net income, the business scores below the minimum quality threshold required for position entry—with short interest at 15%, the analyst target already reached, and risk/reward at 0.46-to-1, the current setup does not support adding capital.
Thesis pillars
- Geographic Concentration Risk→Stable
- Quality Below Investment Floor→Stable
- Technical Breakout Momentum→Stable
- +1 more pillar — see the Why tab for full reasoning
Ingram Micro Holding Corporatio (INGM) Stock Analysis
Technology · Information Technology Services
Sell if holding. Engine safety override at $27.45: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 5.6/10. Specifically: High short interest: 16%; Below-average business quality; Negative price momentum.
Ingram Micro distributes IT products from roughly 1,500 vendor partners to more than 165,000 resellers across 57 countries, with 66% of fiscal 2025 net sales from international operations. Revenue comes from a thin-margin distribution model; Apple Inc. accounted for 21% of... Read more
Sell if holding. Engine safety override at $27.45: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 5.6/10. Specifically: High short interest: 16%; Below-average business quality; Negative price momentum. Chart setup: No clear chart pattern; technical signals are mixed. Score 5.6/10, moderate confidence.
Passes 6/8 gates (clean insider activity, no SEC red flags, news boost analyst 0.40, earnings proximity 38d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: moderate.
About Ingram Micro Holding Corporatio
About Ingram Micro Holding Corporatio
Ingram Micro distributed technology products from roughly 1,500 vendor partners to more than 165,000 resellers across 57 countries in Fiscal Year 2025, with 66% of consolidated net sales derived from international operations. Apple Inc. accounted for 21% of consolidated net sales in Fiscal Year 2025, the single largest supply source; Lenovo contributed 10% and HP Inc. contributed 9%. The company employs approximately 22,200 full-time associates globally.
Ingram Micro generates revenue by purchasing products from vendors and reselling them through reseller channels including value-added resellers, corporate resellers, retailers, managed service providers, and system integrators across four geographic segments: North America, EMEA, Asia-Pacific, and Latin America. Client and Endpoint Solutions — covering desktops, notebooks, smartphones, and peripherals — drives the highest volume at narrow margins. Advanced Solutions (servers, storage, networking, cybersecurity) carries lower volume with stronger per-unit margins. Cloud-based solutions, offered through the Xvantage platform and cloud marketplace, span more than 200 third-party SaaS, infrastructure-as-a-service, and subscription offerings. Named competitors in the 10-K include TD Synnex and Arrow Electronics globally, and regional players such as Also Holding, Esprinet, and Redington. The business requires substantial working capital to finance accounts receivable and inventory not fully covered by vendor trade credit.
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Apple Inc.'s share of consolidated net sales has grown from 16% in Fiscal Year 2023 to 21% in Fiscal Year 2025, making it by far the largest single source among 1,500 vendor partners. The 10-K identifies vendor relationship risks explicitly: significant changes in vendor terms — reduced discounts, rebates, price protections, or return rights — could weigh on gross margins. With no direct control over vendor policies, any decision by Apple or another top vendor to reduce distribution through Ingram Micro or to shift to direct-to-reseller sales could materially affect revenue and operating results.
See also: Technology · Information Technology Services
From Ingram Micro Holding Corporatio's most recent 10-K filing, extracted June 10, 2026.
Recent developments
updated 2026-06-30Recent Developments — Ingram Micro Holding Corporatio
Latest news
- NEWS Morgan Stanley Maintains Equal-Weight on Ingram Micro Holding, Raises Price Target to $33 — benzinga Jun 23, 2026 positive
- NEWS JP Morgan Upgrades Ingram Micro Holding to Neutral, Announces $27 Price Target — benzinga May 27, 2026 neutral
- NEWS Banzai International Announces Strategic Alliance With Ingram Micro To Distribute Products Through Ingram B2B Distributi — benzinga May 20, 2026 positive
- NEWS Reported Earlier, Ingram Micro Prices 12.74M Share Secondary Offering At $26.00 Per Share As Platinum Equity Affiliate S — benzinga May 6, 2026 negative
- NEWS CORRECTION: Ingram Micro Launches $330M Secondary Common Stock Offering — benzinga May 5, 2026 neutral
Generated 2026-06-30T02:18:55Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- LOWSupplierApple Inc.21%10-K Item 1: 'generated approximately 21%...from products purchased from Apple Inc.'
- LOWSupplierLenovo10%10-K Item 1: 'generated approximately 10%...from products purchased from Lenovo'
- HIGHGeographicinternational operations66%10-K Item 1: 'Approximately 66%, 66% and 64% of our consolidated net sales for Fiscal Year 2025, Fiscal Year 2024 and Fiscal Year 2023, respectively, were generated by our international operations'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
3 floor-breakers
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Quality below the gate floor. Component breakdown shows what dragged the score down.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $27.45: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 5.6/10. Specifically: High short interest: 16%; Below-average business quality; Negative price momentum. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $26.31. Score 5.6/10, moderate confidence.
Take-profit target: $27.71 (+0.9% upside). Prior stop was $26.31. Stop-loss: $26.31.
Concentration risk — Geographic: international operations (66.0%); Target reached (0.9% upside); Quality below floor (3.4 < 4.0).
Ingram Micro Holding Corporatio trades at a P/E of 18.1 (forward 7.5). TrendMatrix value score: 8.2/10. Verdict: Sell.
21 analysts cover INGM with a consensus score of 3.8/5. Average price target: $32.
What does Ingram Micro Holding Corporatio do?Ingram Micro distributes IT products from roughly 1,500 vendor partners to more than 165,000 resellers across 57...
Ingram Micro distributes IT products from roughly 1,500 vendor partners to more than 165,000 resellers across 57 countries, with 66% of fiscal 2025 net sales from international operations. Revenue comes from a thin-margin distribution model; Apple Inc. accounted for 21% of consolidated net sales in Fiscal Year 2025, Lenovo for 10%, and HP Inc. for 9%.