Penguin Solutions, Inc. (PENG)
NASDAQ: PENG · Real-Time Price · USD
17.07
+0.29 (1.73%)
Nov 19, 2024, 2:33 PM EST - Market open
Penguin Solutions Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Penguin Solutions stock have an average target of 23.6, with a low estimate of 21 and a high estimate of 27. The average target predicts an increase of 38.25% from the current stock price of 17.07.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for PENG stock from 5 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 | Nov '24 |
|---|---|---|
| Strong Buy | 2 | 3 |
| Buy | 1 | 2 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
| Total | 3 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Initiates $23 | Buy | Initiates | $23 | +34.74% | Nov 18, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $21 | Strong Buy | Initiates | $21 | +23.02% | Nov 1, 2024 |
| Barclays | Barclays | Buy Maintains $27 → $22 | Buy | Maintains | $27 → $22 | +28.88% | Oct 16, 2024 |
| Stifel | Stifel | Strong Buy Maintains $32 → $27 | Strong Buy | Maintains | $32 → $27 | +58.17% | Oct 16, 2024 |
| Needham | Needham | Strong Buy Maintains $35 → $25 | Strong Buy | Maintains | $35 → $25 | +46.46% | Oct 16, 2024 |
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.