Ingram Micro (NYSE:INGM) Updates Q3 2026 Earnings Guidance

Ingram Micro (NYSE:INGM) issued an update on its third quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.720-0.820 for the period, compared to the consensus estimate of 0.750. The company issued revenue guidance of $13.6 billion-$14.0 billion, compared to the consensus revenue estimate of $13.4 billion.

Analyst Ratings Changes

A number of analysts recently weighed in on INGM shares. Raymond James Financial reaffirmed an “outperform” rating and set a $34.00 target price on shares of Ingram Micro in a report on Friday, May 1st. Weiss Ratings reiterated a “hold (c+)” rating on shares of Ingram Micro in a research report on Friday, July 24th. Wall Street Zen cut Ingram Micro from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th. JPMorgan Chase & Co. upgraded Ingram Micro from an “underweight” rating to a “neutral” rating and set a $27.00 target price on the stock in a research note on Wednesday, May 27th. Finally, Morgan Stanley raised their price target on Ingram Micro from $27.50 to $33.00 and gave the company an “equal weight” rating in a report on Tuesday, June 23rd. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $30.29.

Ingram Micro Price Performance

Shares of Ingram Micro stock traded up $0.33 during trading on Thursday, hitting $30.46. 918,117 shares of the stock traded hands, compared to its average volume of 1,200,486. The stock has a market cap of $7.06 billion, a price-to-earnings ratio of 20.17, a PEG ratio of 0.87 and a beta of 1.78. The company has a quick ratio of 0.93, a current ratio of 1.31 and a debt-to-equity ratio of 0.61. Ingram Micro has a 52 week low of $18.09 and a 52 week high of $31.69. The firm’s fifty day moving average is $28.47 and its 200-day moving average is $25.52.

Ingram Micro (NYSE:INGM) last released its earnings results on Thursday, July 30th. The company reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.08. Ingram Micro had a return on equity of 17.19% and a net margin of 0.66%.The company had revenue of $14.53 billion during the quarter, compared to the consensus estimate of $13.85 billion. Ingram Micro has set its Q3 2026 guidance at 0.720-0.820 EPS. Research analysts expect that Ingram Micro will post 3.29 EPS for the current fiscal year.

Insiders Place Their Bets

In other Ingram Micro news, VP Augusto Aragone sold 10,000 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $30.00, for a total transaction of $300,000.00. Following the completion of the sale, the vice president directly owned 140,465 shares in the company, valued at $4,213,950. This represents a 6.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Platinum Equity, Llc sold 5,167,069 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $29.03, for a total value of $150,000,013.07. Following the transaction, the insider directly owned 177,466,319 shares in the company, valued at $5,151,847,240.57. This trade represents a 2.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 5,227,069 shares of company stock valued at $151,765,013 in the last ninety days. 0.95% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Ingram Micro

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Victory Capital Management Inc. grew its position in Ingram Micro by 27.5% during the 4th quarter. Victory Capital Management Inc. now owns 3,126,480 shares of the company’s stock worth $66,719,000 after acquiring an additional 673,840 shares during the last quarter. Wellington Management Group LLP lifted its position in Ingram Micro by 26.4% in the fourth quarter. Wellington Management Group LLP now owns 2,663,257 shares of the company’s stock valued at $56,834,000 after purchasing an additional 556,931 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Ingram Micro by 28.5% during the third quarter. Ameriprise Financial Inc. now owns 1,323,583 shares of the company’s stock valued at $28,444,000 after purchasing an additional 293,562 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of Ingram Micro by 157.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 789,266 shares of the company’s stock worth $16,843,000 after purchasing an additional 482,723 shares during the last quarter. Finally, Millennium Management LLC increased its stake in shares of Ingram Micro by 3.1% in the fourth quarter. Millennium Management LLC now owns 556,737 shares of the company’s stock worth $11,881,000 after buying an additional 17,000 shares during the period.

Ingram Micro Company Profile

Ingram Micro, headquartered in Irvine, California, is a global technology distributor and supply chain services provider. Listed on the New York Stock Exchange under the ticker INGM, the company connects leading technology manufacturers, cloud providers and channel partners through an integrated portfolio of products and services. Ingram Micro’s end-to-end solutions span product distribution, cloud enablement, e-commerce, logistics and lifecycle management, enabling customers of all sizes to bring new technology to market efficiently.

The company’s offerings are organized across several core areas.