← Ingram Micro overview

Ingram Micro vs Jay Mart: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Ingram Micro Holding Corporation (INGM)

Q3 2026
▲3▼1

Record Q2, AI Distribution Wins, and a Dilutive Secondary Offering

  • Record Q2 2026 results beat the high end of guidance across every metric Ingram Micro reported record quarterly sales of $14.5 billion, up 13.6%, with profit and earnings per share well above its own guidance, and raised its dividend. Strong results like these support the stock because they show the business is growing and more profitable than expected.

    This is the single biggest new fundamental event of the period and directly supports the stock price.

  • AI and cloud distribution wins expand Ingram Micro's role in enterprise AI Ingram Micro was picked as a global distributor for HPE's AI portfolio, joined Oracle's cloud distribution program in Australia, and added Crossware and Ramp to its Xvantage and Microsoft Marketplace offerings. These deals widen its product lineup and partner reach, which can lift future sales and profit.

    These partnerships are the main new growth drivers behind the bullish analyst view and answer why demand for INGM is improving.

  • Platinum Equity sold 13.1 million shares at a discount, pressuring the stock Ingram Micro's principal stockholder, an affiliate of Platinum Equity, priced a secondary offering of 13.125 million shares at $27.25, below the market price, and the stock fell 8.2%. The company received no proceeds, and the added share supply and discount weighed on the price.

    This is the main new negative event of the period and explains the sharp price drop in September.

  • Analysts raised targets and fair value on AI demand and earnings momentum Analyst fair value for Ingram Micro rose about 25% to $31.85, with Morgan Stanley and JPMorgan lifting targets, and Zacks flagged a likely earnings beat before the record results. Higher targets and positive earnings signals can pull the stock up by improving investor expectations.

    This shows the market's improving view of INGM and ties the AI demand story to price targets.

August 2026
▲3▼1

Record Q2, AI Distribution Wins, and a Dilutive Secondary Offering

  • Record Q2 2026 results beat the high end of guidance across every metric Ingram Micro reported record quarterly sales of $14.5 billion, up 13.6%, with profit and earnings per share well above its own guidance, and raised its dividend. Strong results like these support the stock because they show the business is growing and more profitable than expected.

    This is the single biggest new fundamental event of the period and directly supports the stock price.

  • AI and cloud distribution wins expand Ingram Micro's role in enterprise AI Ingram Micro was picked as a global distributor for HPE's AI portfolio, joined Oracle's cloud distribution program in Australia, and added Crossware and Ramp to its Xvantage and Microsoft Marketplace offerings. These deals widen its product lineup and partner reach, which can lift future sales and profit.

    These partnerships are the main new growth drivers behind the bullish analyst view and answer why demand for INGM is improving.

  • Platinum Equity sold 13.1 million shares at a discount, pressuring the stock Ingram Micro's principal stockholder, an affiliate of Platinum Equity, priced a secondary offering of 13.125 million shares at $27.25, below the market price, and the stock fell 8.2%. The company received no proceeds, and the added share supply and discount weighed on the price.

    This is the main new negative event of the period and explains the sharp price drop in September.

  • Analysts raised targets and fair value on AI demand and earnings momentum Analyst fair value for Ingram Micro rose about 25% to $31.85, with Morgan Stanley and JPMorgan lifting targets, and Zacks flagged a likely earnings beat before the record results. Higher targets and positive earnings signals can pull the stock up by improving investor expectations.

    This shows the market's improving view of INGM and ties the AI demand story to price targets.

Latest
▲3▼1

Record Q2, AI Distribution Wins, and a Dilutive Secondary Offering

  • Record Q2 2026 results beat the high end of guidance across every metric Ingram Micro reported record quarterly sales of $14.5 billion, up 13.6%, with profit and earnings per share well above its own guidance, and raised its dividend. Strong results like these support the stock because they show the business is growing and more profitable than expected.

    This is the single biggest new fundamental event of the period and directly supports the stock price.

  • AI and cloud distribution wins expand Ingram Micro's role in enterprise AI Ingram Micro was picked as a global distributor for HPE's AI portfolio, joined Oracle's cloud distribution program in Australia, and added Crossware and Ramp to its Xvantage and Microsoft Marketplace offerings. These deals widen its product lineup and partner reach, which can lift future sales and profit.

    These partnerships are the main new growth drivers behind the bullish analyst view and answer why demand for INGM is improving.

  • Platinum Equity sold 13.1 million shares at a discount, pressuring the stock Ingram Micro's principal stockholder, an affiliate of Platinum Equity, priced a secondary offering of 13.125 million shares at $27.25, below the market price, and the stock fell 8.2%. The company received no proceeds, and the added share supply and discount weighed on the price.

    This is the main new negative event of the period and explains the sharp price drop in September.

  • Analysts raised targets and fair value on AI demand and earnings momentum Analyst fair value for Ingram Micro rose about 25% to $31.85, with Morgan Stanley and JPMorgan lifting targets, and Zacks flagged a likely earnings beat before the record results. Higher targets and positive earnings signals can pull the stock up by improving investor expectations.

    This shows the market's improving view of INGM and ties the AI demand story to price targets.

Jay Mart Public Company Limited (JMART.BK)

Q3 2026
▲3

JMART swings to strong profit, sets 2bn baht 2028 goal, shifts to asset-light growth

  • Q2 profit surge and broker upgrade JMART's second-quarter profit jumped sharply from a year earlier, helped by fatter margins and more earnings from its partner businesses. A broker upgraded the stock to Buy and raised its target to 12.80 baht, saying the second half should keep improving.

    This is the core new earnings news that re-rates the stock.

  • Group-wide recovery led by phone lending Almost every company in the group turned healthier, with phone-installment lending (Lock Phone) the main engine. JMART lends through its phone shops and partner networks, so more lending means more interest income and more phone sales at the same time.

    Explains the underlying force behind the profit recovery, not just one quarter.

  • JUMP+ plan targets 2bn baht profit by 2028 Management laid out a plan to lift group profit to 2 billion baht by 2028, expecting a record year now. It also plans to list three subsidiaries on the stock exchange, which could unlock value for JMART shareholders.

    Sets the medium-term profit target investors are now pricing in.

  • Stops new branches, cuts costs, but growth depends on partners JMART will stop opening new phone shops to cut rent and fixed costs, and instead sell through dealers and small stores. That should lift profit margins, but it also means growth now relies on partners performing, and the 2 billion baht goal is still years away.

    The restructuring is the newest strategic shift and carries a real execution risk.

September 2026
▲3

JMART swings to strong profit, sets 2bn baht 2028 goal, shifts to asset-light growth

  • Q2 profit surge and broker upgrade JMART's second-quarter profit jumped sharply from a year earlier, helped by fatter margins and more earnings from its partner businesses. A broker upgraded the stock to Buy and raised its target to 12.80 baht, saying the second half should keep improving.

    This is the core new earnings news that re-rates the stock.

  • Group-wide recovery led by phone lending Almost every company in the group turned healthier, with phone-installment lending (Lock Phone) the main engine. JMART lends through its phone shops and partner networks, so more lending means more interest income and more phone sales at the same time.

    Explains the underlying force behind the profit recovery, not just one quarter.

  • JUMP+ plan targets 2bn baht profit by 2028 Management laid out a plan to lift group profit to 2 billion baht by 2028, expecting a record year now. It also plans to list three subsidiaries on the stock exchange, which could unlock value for JMART shareholders.

    Sets the medium-term profit target investors are now pricing in.

  • Stops new branches, cuts costs, but growth depends on partners JMART will stop opening new phone shops to cut rent and fixed costs, and instead sell through dealers and small stores. That should lift profit margins, but it also means growth now relies on partners performing, and the 2 billion baht goal is still years away.

    The restructuring is the newest strategic shift and carries a real execution risk.

Latest
▲3

JMART swings to strong profit, sets 2bn baht 2028 goal, shifts to asset-light growth

  • Q2 profit surge and broker upgrade JMART's second-quarter profit jumped sharply from a year earlier, helped by fatter margins and more earnings from its partner businesses. A broker upgraded the stock to Buy and raised its target to 12.80 baht, saying the second half should keep improving.

    This is the core new earnings news that re-rates the stock.

  • Group-wide recovery led by phone lending Almost every company in the group turned healthier, with phone-installment lending (Lock Phone) the main engine. JMART lends through its phone shops and partner networks, so more lending means more interest income and more phone sales at the same time.

    Explains the underlying force behind the profit recovery, not just one quarter.

  • JUMP+ plan targets 2bn baht profit by 2028 Management laid out a plan to lift group profit to 2 billion baht by 2028, expecting a record year now. It also plans to list three subsidiaries on the stock exchange, which could unlock value for JMART shareholders.

    Sets the medium-term profit target investors are now pricing in.

  • Stops new branches, cuts costs, but growth depends on partners JMART will stop opening new phone shops to cut rent and fixed costs, and instead sell through dealers and small stores. That should lift profit margins, but it also means growth now relies on partners performing, and the 2 billion baht goal is still years away.

    The restructuring is the newest strategic shift and carries a real execution risk.