Penguin Solutions, Inc. (PENG)
NASDAQ: PENG · Real-Time Price · USD
21.35
-0.77 (-3.48%)
At close: Feb 21, 2025, 4:00 PM
21.91
+0.56 (2.62%)
After-hours: Feb 21, 2025, 5:47 PM EST
Penguin Solutions Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Penguin Solutions stock have an average target of 25.43, with a low estimate of 21 and a high estimate of 30. The average target predicts an increase of 19.11% from the current stock price of 21.35.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jan 9, 2025.
Analyst Ratings
The average analyst rating for Penguin Solutions stock from 7 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 '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|
| Strong Buy | 3 | 4 | 5 | 5 |
| Buy | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $22 → $23 | Buy | Maintains | $22 → $23 | +7.73% | Jan 9, 2025 |
| Needham | Needham | Strong Buy Maintains $25 → $27 | Strong Buy | Maintains | $25 → $27 | +26.46% | Jan 9, 2025 |
| Loop Capital | Loop Capital | Strong Buy Initiates $30 | Strong Buy | Initiates | $30 | +40.52% | Jan 7, 2025 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $27 | Strong Buy | Maintains | $27 | +26.46% | Dec 19, 2024 |
| JMP Securities | JMP Securities | Buy Initiates $23 | Buy | Initiates | $23 | +7.73% | Nov 18, 2024 |
Financial Forecast
Revenue This Year
1.39B
from 1.17B
Increased by 18.38%
Revenue Next Year
1.53B
from 1.39B
Increased by 10.03%
EPS This Year
1.62
from -1.01
EPS Next Year
2.01
from 1.62
Increased by 24.36%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.5B | 1.7B | 1.9B |
| Avg | 1.4B | 1.5B | 1.4B |
| Low | 1.3B | 1.4B | 675.2M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 24.1% | 21.2% | 23.8% |
| Avg | 18.4% | 10.0% | -6.4% |
| Low | 10.6% | 0.9% | -55.7% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| 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 | 2025 | 2026 | 2027 |
|---|---|---|---|
| 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.