Ingram Micro (NYSE:INGM) Issues Q2 2026 Earnings Guidance

Ingram Micro (NYSE:INGM) issued an update on its second quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.680-0.780 for the period, compared to the consensus estimate of 0.720. The company issued revenue guidance of $13.6 billion-$14.0 billion, compared to the consensus revenue estimate of $13.0 billion.

Analysts Set New Price Targets

A number of research firms have weighed in on INGM. Weiss Ratings upgraded Ingram Micro from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday. Royal Bank Of Canada boosted their price target on Ingram Micro from $24.00 to $33.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 21st. William Blair restated an “outperform” rating on shares of Ingram Micro in a research note on Tuesday, March 3rd. The Goldman Sachs Group raised their price objective on Ingram Micro from $25.00 to $30.00 and gave the company a “neutral” rating in a research report on Thursday, April 23rd. Finally, Evercore set a $26.00 target price on shares of Ingram Micro in a report on Monday, April 20th. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $27.86.

Ingram Micro Stock Down 9.0%

NYSE INGM traded down $2.77 on Friday, hitting $28.01. The stock had a trading volume of 3,171,875 shares, compared to its average volume of 1,005,341. Ingram Micro has a 52-week low of $18.05 and a 52-week high of $31.38. The business’s fifty day moving average price is $24.91 and its 200 day moving average price is $22.71. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.33 and a quick ratio of 0.97. The stock has a market cap of $6.49 billion, a price-to-earnings ratio of 20.29, a price-to-earnings-growth ratio of 1.03 and a beta of 1.39.

Ingram Micro (NYSE:INGM) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.70 by $0.05. Ingram Micro had a return on equity of 16.78% and a net margin of 0.62%.The firm had revenue of $13.96 billion during the quarter, compared to analysts’ expectations of $12.76 billion. The company’s revenue was up 13.7% compared to the same quarter last year. Ingram Micro has set its Q2 2026 guidance at 0.680-0.780 EPS. Equities research analysts anticipate that Ingram Micro will post 3.15 earnings per share for the current year.

Ingram Micro Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 26th. Stockholders of record on Tuesday, May 12th will be issued a dividend of $0.084 per share. This represents a $0.34 annualized dividend and a dividend yield of 1.2%. This is an increase from Ingram Micro’s previous quarterly dividend of $0.08. The ex-dividend date is Tuesday, May 12th. Ingram Micro’s dividend payout ratio is currently 23.19%.

Ingram Micro declared that its board has initiated a share buyback program on Monday, March 2nd that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the company to buy up to 2% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

Trending Headlines about Ingram Micro

Here are the key news stories impacting Ingram Micro this week:

• Positive Sentiment: Q1 results beat consensus — Non‑GAAP EPS $0.75 (vs. $0.70 est.) and net sales $14.0B, up 13.7% YoY, with double‑digit net income growth. Strong revenue and earnings upside are supportive of the stock’s fundamental outlook. Business Wire: Q1 Results
• Positive Sentiment: Capital return boost — Company raised its quarterly dividend to $0.084 and expanded the buyback program, which supports shareholder returns and reduces share count over time. TipRanks: Dividend & Buyback
• Positive Sentiment: Revenue guidance above Street — Fiscal Q2 revenue guidance was raised to $13.6B–$14.0B, which is above consensus and indicates continued demand recovery in distribution channels. Business Wire: Guidance
• Neutral Sentiment: EPS guidance range is mixed — Q2 EPS guidance of $0.680–$0.780 overlaps the $0.720 consensus but is a wide range, leaving ambiguity on margin trajectory and near‑term profitability. Investors will look to management commentary for drivers. Yahoo: Earnings Call Highlights
• Neutral Sentiment: Earnings call/transcript available — Management commentary in the call and transcript will be important to parse mix, margin outlook, and working capital dynamics; read the transcript for color on demand and supply trends. Seeking Alpha: Call Transcript
• Negative Sentiment: Shares dropped sharply on the print — Despite the beat, the stock fell as some investors sold into the strength, likely reacting to the EPS guidance range, profit‑taking after a strong run, and short‑term uncertainty. Yahoo: Stock Drop
• Negative Sentiment: Investor litigation notice — Pomerantz LLP announced an investigation into Ingram Micro on behalf of investors, introducing legal risk and potential distraction that can weigh on investor sentiment. PR Newswire: Pomerantz Investigation

Institutional Trading of Ingram Micro

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Squarepoint Ops LLC lifted its holdings in shares of Ingram Micro by 46.4% during the fourth quarter. Squarepoint Ops LLC now owns 34,980 shares of the company’s stock worth $746,000 after purchasing an additional 11,086 shares during the period. AlphaCentric Advisors LLC acquired a new position in Ingram Micro in the 4th quarter worth approximately $888,000. Nuveen LLC raised its position in Ingram Micro by 4.7% during the 4th quarter. Nuveen LLC now owns 18,866 shares of the company’s stock worth $403,000 after buying an additional 853 shares during the last quarter. Franklin Resources Inc. lifted its stake in Ingram Micro by 17.5% during the 4th quarter. Franklin Resources Inc. now owns 20,758 shares of the company’s stock valued at $443,000 after acquiring an additional 3,085 shares during the period. Finally, Public Employees Retirement System of Ohio lifted its stake in Ingram Micro by 175.7% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 17,561 shares of the company’s stock valued at $377,000 after acquiring an additional 11,192 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.