Penguin Solutions, Inc. (PENG)
NASDAQ: PENG · Real-Time Price · USD
15.69
-0.46 (-2.85%)
At close: Oct 18, 2024, 4:00 PM
15.72
+0.03 (0.19%)
After-hours: Oct 18, 2024, 5:27 PM EDT

Penguin Solutions Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Penguin Solutions stock have an average target of 24.67, with a low estimate of 22 and a high estimate of 27. The average target predicts an increase of 57.23% from the current stock price of 15.69.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $22 $24.67 $25 $27
Change +40.22% +57.23% +59.34% +72.08%

Analyst Ratings

The average analyst rating for PENG stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Oct '24
Strong Buy 2
Buy 1
Hold 0
Sell 0
Strong Sell 0
Total 3

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Buy
Maintains
$27$22
Buy Maintains $27$22 +40.22% Oct 16, 2024
Stifel
Stifel
Strong Buy
Maintains
$32$27
Strong Buy Maintains $32$27 +72.08% Oct 16, 2024
Needham
Needham
Strong Buy
Maintains
$35$25
Strong Buy Maintains $35$25 +59.34% Oct 16, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
n/a
Revenue Next Year
n/a
EPS This Year
n/a
EPS Next Year
n/a
No financial forecasts available for this stock

Revenue Forecast

No data available

Revenue Growth

No data available

EPS Forecast

No data available

EPS Growth

No data available
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.