Penguin Solutions, Inc. (PENG)
| Market Cap | 2.52B +94.6% |
| Revenue (ttm) | 1.50B +12.0% |
| Net Income | 75.91M |
| EPS | 1.39 |
| Shares Out | 51.24M |
| PE Ratio | 35.70 |
| Forward PE | 15.62 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 417,624 |
| Open | 49.60 |
| Previous Close | 51.06 |
| Day's Range | 48.53 - 50.49 |
| 52-Week Range | 16.04 - 89.86 |
| Beta | 2.85 |
| Analysts | Buy |
| Price Target | 74.29 (+50.84%) |
| Earnings Date | Oct 6, 2026 |
About PENG
Penguin Solutions, Inc. designs, builds, deploys and manages enterprise solutions worldwide. The company operates through three segments: Advanced Computing, Integrated Memory, and Optimized LED. It offers hardware, software, and services focusing on technical computing for core and cloud environments through computing and AI solutions. The company also provides Penguin Solutions OriginAI, an AI infrastructure solution for customers deploying GPUs at scale; continuous availability of customers critical data and applications in data centers and ... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 7 analysts, the average rating for PENG stock is "Buy." The 12-month stock price target is $74.29, which is an increase of 50.84% from the latest price.
News
Penguin Solutions Full-Stack AI Factory Platform Enables Lektra's Distributed AI Data Centers
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions today announced it was selected by Lektra to deploy and optimize their AI micro data centers providing design, compute and services.
Penguin Solutions to Showcase AI Infrastructure and Memory Solutions at AI Infra Summit 2026
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced its participation at AI Infra Summit 2026 on Sept 15-17 in Santa Clara. Penguin will display product demos at booth #520.
CreeLED Inc. and Promier Products, Inc. (d/b/a LitezAll) Resolve Patent Dispute Through Limited License Agreement
DURHAM, N.C.--(BUSINESS WIRE)---- $PENG #CreeLED--Cree LED and Promier Products announced reaching a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED's patents...
Cree LED and Nanolumens Enter Settlement and Limited License Agreement
DURHAM, N.C.--(BUSINESS WIRE)---- $PENG #CreeLED--Cree LED and Nanolumens announced they entered into a mutually beneficial patent cross-license agreement that resolves a patent infringement dispute.
Penguin Solutions to Present at Goldman Sachs Communacopia + Technology Conference
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced that CEO Kash Shaikh will present at the Goldman Sachs Communacopia + Technology Conference 2026 in San Francisco, Calif.
Penguin Solutions Transcript: Rosenblatt's 6th Annual Technology Summit: The Age of AI (Part II)
Penguin has evolved into a full-stack AI factory platform, leveraging decades of HPC expertise and partnerships with major tech providers. Its differentiated software and memory solutions, combined with end-to-end services, address diverse enterprise, sovereign, and cloud AI needs, with a focus on software and services as key growth drivers.
Penguin Solutions to Participate in Rosenblatt's 6th Annual Technology Summit
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced SVP Mark Seamans will participate in a virtual fireside chat at Rosenblatt's 6th Technology Summit, Aug 17 at 12:00 pm PT.
Penguin Solutions falls -10.2%
Penguin Solutions (PENG) is down -10.2%, or -$6.17 to $54.24.
Penguin Solutions falls -13.1%
Penguin Solutions (PENG) is down -13.1%, or -$7.93 to $52.48.
Penguin Solutions downgraded to Underweight from Equal Weight at Barclays
Barclays analyst Tom O’Malley downgraded Penguin Solutions (PENG) to Underweight from Equal Weight with an unchanged price target of $40. The firm adjusted ratings in the semiconductor and capital equ...
Penguin Solutions Announces Closing of Oversubscribed Convertible Notes Offering
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced it has closed its private offering of $750.0 million aggregate principal amount of 0.00% convertible senior notes due 2031.
Penguin Solutions Announces Pricing of Private Offering of $650.0 Million of 0.00% Convertible Notes and Refinancing to Enhance Capital Structure
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced pricing of $650.0M in aggregate principal amount of convertible senior notes due 2031 to be offered to qualified buyers.
Penguin Solutions files to sell $650M of convertible senior notes due 2031
Penguin Solutions (PENG) announced it intends to offer $650M in aggregate principal amount of convertible senior notes due 2031 to qualified institutional buyers as defined in Rule 144A under the…
Penguin Solutions Announces Proposed Private Offering of Convertible Notes and Refinancing to Enhance Capital Structure
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced it intends to offer $650.0 million in aggregate principal amount of convertible senior notes due 2031 to qualified buyers.
Penguin Solutions price target raised to $40 from $27 at Barclays
Barclays analyst Tom O’Malley raised the firm’s price target on Penguin Solutions (PENG) to $40 from $27 and keeps an Equal Weight rating on the shares.
Penguin Solutions participates in a conference call with Citizens
Citizens holds a post-earnings conference call on July 10 hosted by Citizens.
Penguin Solutions (PENG) Stock Surges on Strong Q3 Earnings & Analyst Price Target Increases
Penguin Solutions stock gained on Wednesday after its strong Q3 earnings triggered increased analyst price targets.
Penguin Solutions stock jumps 18% as AI demand, Nvidia deal drive analyst upgrades
Penguin Solutions Inc. (PENG) shares surged 18% on Wednesday after the company delivered stronger-than-expected fiscal third-quarter results. It has prompted Wall Street analysts to raise their price ...
Penguin Solutions rises 18.8%
Penguin Solutions (PENG) is up 18.8%, or $11.79 to $74.50.
Penguin Solutions rises 17.9%
Penguin Solutions (PENG) is up 17.9%, or $11.23 to $73.94.
Penguin Solutions price target raised to $80 from $60 at Needham
Needham raised the firm’s price target on Penguin Solutions (PENG) to $80 from $60 and keeps a Buy rating on the shares. The company has delivered a strong quarter, increasing…
Penguin Solutions price target raised to $80 from $75 at Rosenblatt
Rosenblatt analyst Sajal Dogra raised the firm’s price target on Penguin Solutions (PENG) to $80 from $75 and keeps a Buy rating on the shares while transferring coverage of the…
Penguin Solutions price target raised to $75 from $66 at Stifel
Stifel raised the firm’s price target on Penguin Solutions (PENG) to $75 from $66 and keeps a Buy rating on the shares. Penguin’s Q3 results significantly exceeded expectations, driven by…
Penguin Solutions price target raised to $85 from $65 at Citizens
Citizens raised the firm’s price target on Penguin Solutions (PENG) to $85 from $65 and keeps an Outperform rating on the shares. As the company advances AI-driven product innovation, shifts…
Penguin Solutions Earnings Call Transcript: Q3 2026
Record Q3 results driven by AI demand led to raised FY 2026 outlook for net sales and EPS. Memory and non-hyperscale AI infrastructure segments saw exceptional growth, with strong backlog and favorable pricing. Preliminary FY 2027 guidance anticipates ~30% growth in sales and EPS.