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INGMIngram Micro Holding CorporatioSell6.0·$29.07-3.39%
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Ingram Micro Holding Corporatio (INGM) Stock Analysis

Breakout setup

SellVALUE-TRAP 1/5Moderate Confidence

Technology · Information Technology Services

Sell if holding. Engine safety override at $29.07: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 6.0/10. Specifically: High short interest: 15%; Below-average business quality.

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

$29.07+6.8% A.UpsideScore 6.0/10#5 of 34 Information Technology Services
QualityF-score4 / 9FCF yield8.10%
IncomeYield1.08%Payout20.79%sustainable
Stop $27.04Target $31.06(resistance)A.R:R -0.5:1
Analyst target$31.42+8.1%13 analysts
$31.06our TP
$29.07price
$31.42mean
$26
$36

Sell if holding. Engine safety override at $29.07: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 6.0/10. Specifically: High short interest: 15%; Below-average business quality. Chart setup: Golden cross, above all MAs, RSI 59, MACD bullish. Score 6.0/10, moderate confidence.

Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 51d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.

10-K grounded · weekly refresh

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.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-06-17
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Aug 6, 202651d to earnings· next earnings call

Thesis

Rewards
No bull case signals
Risks
Concentration risk — Geographic: international operations (66.0%)
Target reached (-6.0% upside)
Quality below floor (3.4 < 4.0)

Key Metrics

P/E (TTM)19.8
P/E (Fwd)8.2
Mkt Cap$6.9B
EV/EBITDA8.1
Profit Mgn0.7%
ROE8.9%
Rev Growth13.7%
Beta
Dividend1.08%
Rating analysts21

Quality Signals

Piotroski F4/9

Options Flow

P/C0.04bullish
IV61%elevated
Max Pain$40+37.6% vs spot

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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Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 floor-breakers

Quality below the gate floor. Component breakdown shows what dragged the score down.static

Gross Margin
0.0
Net Margin
0.3
Operating Margin
0.7
Roa
2.1
Roe
3.0
Piotroski F
4.4
Current Ratio
4.9
Moat
4.9
Fcf Quality
10.0
Excellent cash conversion: 157% FCF/NINo competitive moat

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Quality Rank
2.3
Value Rank
5.7
Growth Rank
7.3
GatesA.R:R -0.5=NEGATIVEMomentum 7.2>=5.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 51d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARBreakoutSuitability: Moderate
RSI
59 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $25.24Resistance $31.69

Price Targets

$27
$31
A.Upside+6.8%
A.R:R-0.5:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-6.0% upside)
! Quality below floor (3.4 < 4.0)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-08-06 (51d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is INGM stock a buy right now?

Sell if holding. Engine safety override at $29.07: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 6.0/10. Specifically: High short interest: 15%; Below-average business quality. Chart setup: Golden cross, above all MAs, RSI 59, MACD bullish. Prior stop was $27.04. Score 6.0/10, moderate confidence.

What is the INGM stock price target?

Take-profit target: $31.06 (+6.8% upside). Prior stop was $27.04. Stop-loss: $27.04.

What are the risks of investing in INGM?

Concentration risk — Geographic: international operations (66.0%); Target reached (-6.0% upside); Quality below floor (3.4 < 4.0).

Is INGM overvalued or undervalued?

Ingram Micro Holding Corporatio trades at a P/E of 19.8 (forward 8.2). TrendMatrix value score: 7.8/10. Verdict: Sell.

What do analysts say about INGM?

21 analysts cover INGM with a consensus score of 3.8/5. Average price target: $31.

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%.

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