Penguin Solutions, Inc. (PENG)
NASDAQ: PENG · Real-Time Price · USD
15.88
-0.56 (-3.41%)
At close: Apr 17, 2025, 4:00 PM
16.40
+0.52 (3.27%)
After-hours: Apr 17, 2025, 4:10 PM EDT

Penguin Solutions Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Penguin Solutions stock have an average target of 24.94, with a low estimate of 20 and a high estimate of 30. The average target predicts an increase of 57.05% from the current stock price of 15.88.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $20 $24.94 $27 $30
Change +25.94% +57.05% +70.03% +88.92%

Analyst Ratings

The average analyst rating for Penguin Solutions stock from 8 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 Nov '24Dec '24Jan '25Feb '25Mar '25Apr '25
Strong Buy 345555
Buy 222222
Hold 000011
Sell 000000
Strong Sell 000000
Total 567788

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Rosenblatt
Rosenblatt
Strong Buy
Maintains
$27
Strong Buy Maintains $27 +70.03% Apr 17, 2025
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$26$23
Strong Buy Maintains $26$23 +41.69% Apr 3, 2025
Needham
Needham
Strong Buy
Reiterates
$27
Strong Buy Reiterates $27 +70.03% Apr 3, 2025
Rosenblatt
Rosenblatt
Strong Buy
Maintains
$27
Strong Buy Maintains $27 +70.03% Apr 3, 2025
JP Morgan
JP Morgan
Hold
Initiates
$20
Hold Initiates $20 +25.94% Mar 31, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
1.40B
from 1.17B
Increased by 19.41%
Revenue Next Year
1.52B
from 1.40B
Increased by 8.94%
EPS This Year
1.62
from -1.01
EPS Next Year
2.01
from 1.62
Increased by 24.36%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Aug 28, 2020 Aug 27, 2021 Aug 26, 2022 Aug 25, 2023 Aug 30, 2024 Aug 30, 2025 Aug 30, 2026 Aug 30, 2027
Revenue
1.12B1.06B1.40B1.44B1.17B1.40B1.52B1.75B
Revenue Growth
-7.40%-5.96%32.24%3.25%-18.77%19.41%8.94%14.90%
EPS
-0.020.441.22-3.66-1.011.622.012.31
EPS Growth
--179.23%---24.36%14.57%
Forward PE
-----9.807.886.88
No. Analysts -----996
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 1.5B 1.6B 1.9B
Avg 1.4B 1.5B 1.8B
Low 1.3B 1.4B 1.6B

Revenue Growth

Revenue Growth 202520262027
High
25.0%
16.9%
21.5%
Avg
19.4%
8.9%
14.9%
Low
13.1%
0.8%
7.8%

EPS Forecast

EPS 202520262027
High 1.76 2.43 3.00
Avg 1.62 2.01 2.31
Low 1.47 1.67 0.75

EPS Growth

EPS Growth 202520262027
High -
49.7%
48.7%
Avg -
24.4%
14.6%
Low -
3.2%
-62.5%
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.