Penguin Solutions, Inc. (PENG)
NASDAQ: PENG · Real-Time Price · USD
61.36
+6.38 (11.60%)
At close: Oct 2, 2026, 4:00 PM EDT
61.50
+0.14 (0.23%)
After-hours: Oct 2, 2026, 7:59 PM EDT
Penguin Solutions Stock Forecast
Stock Price Forecast
According to 7 analysts polled by S&P Global, Penguin Solutions stock has a consensus rating of "Buy" and an average price target of $74.29. The average 1-year stock price forecast is 21.07% higher than the current stock price, while the lowest is $40 (-34.81%) and the highest is $85 (+38.53%).
Price Target: $74.29 (+21.07%)
Analyst Consensus: Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for Penguin Solutions stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 3 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Rosenblatt Securities | Rosenblatt Securities | Buy Reiterates $80 | Buy | Reiterates | $80 | +30.38% | Oct 2, 2026 |
| Barclays | Barclays | Sell Downgrades $40 | Sell | Downgrades | $40 | -34.81% | Jul 20, 2026 |
| Stifel Nicolaus | Stifel Nicolaus | Buy Reiterates $66 → $75 | Buy | Reiterates | $66 → $75 | +22.23% | Jul 8, 2026 |
| Needham | Needham | Buy Reiterates $60 → $80 | Buy | Reiterates | $60 → $80 | +30.38% | Jul 8, 2026 |
| Citizens JMP | Citizens JMP | Buy Maintains $65 → $85 | Buy | Maintains | $65 → $85 | +38.53% | Jul 8, 2026 |
Financial Forecast
Revenue This Year
1.69B
from 1.37B
Increased by 23.15%
Revenue Next Year
2.21B
from 1.69B
Increased by 31.25%
EPS This Year
2.62
from 1.90
Increased by 37.92%
EPS Next Year
3.38
from 2.62
Increased by 28.82%
EPS and Forward PE are based on non-GAAP adjusted numbers.