Penguin Solutions, Inc. (PENG)
| Market Cap | 2.52B +121.4% |
| Revenue (ttm) | 1.73B +26.5% |
| Net Income | 151.09M +611.3% |
| EPS | 2.60 +828.6% |
| Shares Out | 60.24M |
| PE Ratio | 16.08 |
| Forward PE | 9.17 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,618,101 |
| Open | 41.69 |
| Previous Close | 37.22 |
| Day's Range | 40.20 - 43.76 |
| 52-Week Range | 16.04 - 89.86 |
| Beta | 2.88 |
| Analysts | Buy |
| Price Target | 85.63 (+104.86%) |
| Earnings Date | Oct 6, 2026 |
About PENG
Penguin Solutions, Inc. designs, builds, deploys and manages data centers for enterprises, sovereign AI initiatives, and neocloud providers worldwide. The company operates through three segments: Advanced Computing, Integrated Memory, and Optimized LED. It offers AI infrastructure design, system integration, deployment, cluster validation, performance optimization, and ongoing infrastructure management services; continuous availability of customers critical data and applications in data centers and edge locations under the Stratus brand product... [Read more]
Financial Performance
In fiscal year 2026, Penguin Solutions's revenue was $1.73 billion, an increase of 26.50% compared to the previous year's $1.37 billion. Earnings were $151.09 million, an increase of 877.22%.
Financial StatementsAnalyst Summary
According to 8 analysts, the average rating for PENG stock is "Buy." The 12-month stock price target is $85.63, which is an increase of 104.86% from the latest price.
News
Penguin Solutions enters agreement to sell its Cree LED business to Transom
Penguin Solutions (PENG) announced that it has entered into a definitive agreement to sell its Cree LED business, Cree LED, to Transom Capital Group. The transaction will position Cree LED…
Penguin Solutions enters agreement to sell its Cree LED business to Transom
Penguin Solutions (PENG) announced that it has entered into a definitive agreement to sell its Cree LED business, Cree LED, to Transom Capital Group. The transaction will position Cree LED…
Penguin Solutions Announces Agreement to Sell Cree LED to Transom Capital Group
FREMONT, Calif.--(BUSINESS WIRE)--Penguin Solutions, Inc. (“Penguin Solutions,” “Penguin,” or the “Company”) (Nasdaq: PENG), the AI Factory Platform Company, today announced that it has entered into a...
Penguin Solutions recent selloff overdone, says Rosenblatt
Rosenblatt analyst Sajal Dogra says SK hynix (SKHY) disclosed a 9.1% stake in Penguin Solutions (PENG) following the October 29 closing of SK Telecom’s previously announced stake transfer. The firm…
Penguin Solutions to showcase full-stack AI factory platform at SC26
Penguin Solutions (PENG) announced its participation at SC26, the international conference for high-performance computing, networking, storage, and analysis, taking place November 15-20, 2026, in Chic...
Penguin Solutions to Showcase Full-Stack AI Factory Platform Innovations at SC26
FREMONT, Calif.--(BUSINESS WIRE)--Penguin Solutions, Inc. (Nasdaq: PENG), the AI Factory Platform Company, today announced its participation at SC26, the international conference for high-performance ...
SK Hynix reports 9.1% stake in Penguin Solutions
In a regulatory filing, SK Hynix (SKHY) reported holding a 9.1% stake in Penguin Solutions (PENG).
Penguin Solutions management to meet virtually with Rosenblatt
Semiconductor Analyst Sajal Dogra holds a virtual meeting with management on November 9 hosted by Rosenblatt.
Penguin Solutions introduces high-bandwidth SMART Modular MRDIMMs
Penguin Solutions (PENG) announced its newest SMART Modular DDR5 Multi-Ranked Dual In-line Memory Module, expanding its portfolio of memory solutions designed for AI data centers. Running at industry-...
Penguin Solutions Introduces High-Bandwidth SMART Modular MRDIMMs for Next-Generation AI Data Centers
FREMONT, Calif.--(BUSINESS WIRE)--Penguin Solutions, Inc. (Nasdaq: PENG), the AI Factory Platform Company, today announced its newest SMART Modular DDR5 Multi-Ranked Dual In-line Memory Module (MRDIMM...
Penguin Solutions takeover rumor highlighted in Betaville blog
A rumor regarding Penguin Solutions (PENG) was highlighted in Ben Harrington’s M&A-focused Betaville blog, contacts tell The Fly.
Axe Compute signs Penguin Solutions as strategic partner for AI infrastructure
Axe Compute (AGPU) announced a strategic partnership with Penguin Solutions (PENG), adding Penguin’s deep technical expertise, technology, and services to Axe Compute’s partner network, accelerating A...
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 & CFO, Stephen Cumming, with his employment with the Company on Oct 6, 2026.
Penguin Solutions initiated with a Buy at BofA amid AI tailwinds
As previously reported, BofA initiated coverage of Penguin Solutions (PENG) with a Buy rating and $100 price target AI-driven businesses already comprise 78% of sales and grew 141% year-over-year last...
Penguin Solutions initiated with a Buy at BofA
BofA analyst Wamsi Mohan initiated coverage of Penguin Solutions (PENG) with a Buy rating and $100 price target
Penguin Solutions rises 14.8%
Penguin Solutions (PENG) is up 14.8%, or $9.51 to $73.72.
Penguin Solutions rises 16.2%
Penguin Solutions (PENG) is up 16.2%, or $10.43 to $74.64.
Penguin Solutions price target raised to $85 from $75 at Goldman Sachs
Goldman Sachs raised the firm’s price target on Penguin Solutions (PENG) to $85 from $75 and keeps a Buy rating on the shares. Penguin Solutions delivered a strong Q4 beat…
Penguin Solutions price target raised to $100 from $80 at Rosenblatt
Rosenblatt analyst Sajal Dogra raised the firm’s price target on Penguin Solutions (PENG) to $100 from $80 and keeps a Buy rating on the shares. The firm expected a beat-and-raise…
Penguin Solutions profit jumps 888% on AI demand: can PENG justify a 228% rally?
Penguin Solutions delivered the kind of quarter needed to defend a 228% stock rally, but the valuation question has not disappeared. The AI infrastructure company reported an 888% jump in quarterly ne...
Penguin Solutions Earnings Call Transcript: Q4 2026
Q4 sales rose 68% YoY, with AI-driven businesses growing 141%; FY26 delivered record operating income and adjusted EBITDA. FY27 sales and EPS outlook increased on strong backlog, memory demand, and AI infrastructure momentum.
Penguin Solutions Earnings release: Q4 2026
Penguin Solutions released its Q4 2026 earnings on October 6, 2026, summarizing the period's financial results.
Penguin Solutions Slides: Q4 2026
Penguin Solutions has posted slides in relation to its Q4 2026 quarterly earnings report, which was published on October 6, 2026.
Penguin Solutions Annual report: Q4 2026
Penguin Solutions has published its Q4 2026 annual report on October 6, 2026.
Penguin Solutions Appoints Stephen Cumming as Senior Vice President and Chief Financial Officer to Support Accelerated Growth
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions, Inc today announced the appointment of Stephen Cumming as Senior Vice President and Chief Financial Officer, effective immediately.