Penguin Solutions, Inc. (PENG)
| Market Cap | 2.24B +146.0% |
| Revenue (ttm) | 1.35B +2.3% |
| Net Income | 38.10M |
| EPS | 0.70 |
| Shares Out | 50.75M |
| PE Ratio | 63.30 |
| Forward PE | 18.20 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,391,775 |
| Open | 39.99 |
| Previous Close | 38.98 |
| Day's Range | 39.64 - 44.74 |
| 52-Week Range | 16.04 - 44.74 |
| Beta | 2.65 |
| Analysts | Strong Buy |
| Price Target | 27.78 (-37.19%) |
| Earnings Date | Apr 1, 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 high-performance computing and AI solutions under the Penguin Solutions, Penguin Computing, Stratus, and Penguin Edge brands. The company also provides Penguin Solutions OriginAI, an AI infrastructure solution for customers deploying GPUs ... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 9 analysts, the average rating for PENG stock is "Strong Buy." The 12-month stock price target is $27.78, which is a decrease of -37.19% from the latest price.
News
Penguin Solutions management to meet with Rosenblatt
Semiconductor Analyst Cassidy holds a meeting with management. in Boston on May 11 hosted by Rosenblatt.Webcast Link
Penguin Solutions Releases 2025 Environmental and Social Sustainability Report
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions released its 2025 Environmental & Social Sustainability Report, detailing progress on its environmental/social sustainability goals.
Penguin Solutions downgraded to Equal Weight from Overweight at Barclays
Barclays analyst Tom O’Malley downgraded Penguin Solutions (PENG) to Equal Weight from Overweight with a price target of $27, up from $23. The company is seeing “significant” margin compression in
Penguin Solutions management to meet virtually with Citizens
Virtual Meeting to be held on April 14 hosted by Citizens.
Penguin Solutions price target raised to $27 from $25 at Needham
Needham raised the firm’s price target on Penguin Solutions (PENG) to $27 from $25 and keeps a Buy rating on the shares.
Penguin Solutions price target raised to $32 from $30 at Rosenblatt
Rosenblatt raised the firm’s price target on Penguin Solutions (PENG) to $32 from $30 and keeps a Buy rating on the shares. The company’s fiscal Q2 report beat estimates and
Penguin Solutions price target lowered to $24 from $27 at Stifel
Stifel lowered the firm’s price target on Penguin Solutions (PENG) to $24 from $27 and keeps a Buy rating on the shares after the company reported fiscal Q2 revenue and
Penguin Solutions Earnings Call Transcript: Q2 2026
Q2 net sales were $343M, down 6% year-over-year, with strong 63% growth in the Memory segment driven by AI demand and favorable pricing. Full-year outlook was raised to 12% net sales growth and $2.15 EPS, while Advanced Computing faces a decline due to the Penguin Edge wind down.
Penguin Solutions reports Q2 adjusted EPS 52c, consensus 42c
Reports Q2 revenue $343M, consensus $339M. “Enterprises, governments, and neocloud providers are racing to build AI factories, as platforms scale to power the next generation of inference workloads,” ...
Penguin Solutions sees FY26 EPS $2.15, plus or minus 15c, consensus $2.45
Sees FY26 revenue growth 12% year-over-year, plus or minus 5%.
Penguin Solutions Reports Q2 Fiscal 2026 Financial Results
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions today reported financial results for the second quarter of fiscal 2026 and included raising its full year net sales and EPS outlook.
Penguin Solutions divests remaining interest in Brazil memory module business
Penguin Solutions (PENG) announced that SMART Modular Technologies closed the transaction contemplated by that certain Stock Transfer Agreement entered into on December 29, 2025, by and among Seller, ...
Penguin Solutions Divests Remaining Interest in Brazil Memory Module Business
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #Brazil--Penguin Solutions today announced the sale of its remaining 19% interest in Zilia Technologies Brazil for $46.08M per the Stock Transfer Agreement.
Penguin Solutions enters collaboration with Deepgram, Dell Technologies
Penguin Solutions (PENG) announced a strategic collaboration with Deepgram and Dell Technologies (DELL) to architect and deploy a fully optimized, production-ready infrastructure aligned to Deepgram’s...
Penguin Solutions Selected by Deepgram to Enable Deployment of Optimized AI Inference Infrastructure for Enterprise Voice AI
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced a collaboration with Deepgram and Dell for an optimized infrastructure aligned to Deepgram's enterprise voice AI needs.
Penguin Solutions' OriginAI Factory Platform Delivers Optimized Performance for AI Inference
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions' OriginAI portfolio addresses the need for +GPU memory to solve context size/concurrency & meet low latency demands of AI inference.
Penguin Solutions Introduces Industry's First Production-Ready CXL-Based KV Cache Server
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions today announced its MemoryAI KV cache server, the industry's first production-ready KV cache server utilizing CXL memory technology.
Penguin Solutions Announces Second Quarter Fiscal 2026 Conference Call
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions will host its quarterly financial webcast & conf call for Q2FY2026 earnings after market close Wed April 1 at 1:30 pm PT/4:30 pm ET.
Penguin Solutions Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced the grant of inducement equity awards to SVP & Chief Product Officer Ian Colle for his employment starting March 2, 2026.
Penguin Solutions appoints Ian Colle as chief product officer
Penguin Solutions (PENG) announced the appointment of Ian Colle as senior VP and chief product officer. He will be responsible for leading product strategy, roadmap development, and lifecycle executio...
Penguin Solutions Appoints Ian Colle as SVP and Chief Product Officer
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced the appointment of Ian Colle as SVP/Chief Product Officer responsible for Penguin's AI Factory Platform product strategy.
Penguin Solutions Transcript: AGM 2026
The meeting covered board introductions, voting on director election, auditor ratification, and executive compensation, all of which passed. No questions were raised during the Q&A, and official results will be filed on Form 8-K.
Cree LED Unveils OptiLamp LEDs With Active Intelligence in Every Pixel
DURHAM, N.C.--(BUSINESS WIRE)---- $PENG #CreeLED--Cree LED today announced OptiLamp™ LEDs, a new display technology that integrates driver and control intelligence directly into every LED pixel.
Penguin Solutions announces CEO transition
Penguin Solutions (PENG) “announced the retirement of Mark Adams as President and Chief Executive Officer and as a Director of the Company. After a thorough search process, the Board has
Penguin Solutions Announces CEO Transition
FREMONT, Calif.--(BUSINESS WIRE)--Penguin Solutions, Inc. (“Penguin Solutions” or the “Company”) (NASDAQ: PENG), a leading provider of high-performance computing and AI infrastructure solutions, today...