Penguin Solutions, Inc. (PENG)
NASDAQ: PENG · Real-Time Price · USD
71.16
-0.25 (-0.35%)
At close: Jun 4, 2026, 4:00 PM EDT
70.20
-0.96 (-1.35%)
After-hours: Jun 4, 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 $50.14. The average 1-year stock price forecast is 29.54% lower than the current stock price, while the lowest is $27 (-62.06%) and the highest is $66 (-7.25%).
Price Target: $50.14 (-29.54%)
Analyst Consensus: Buy
Analyst 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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 3 | 3 | 3 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel Nicolaus | Stifel Nicolaus | Buy Maintains $24 → $66 | Buy | Maintains | $24 → $66 | -7.25% | Jun 2, 2026 |
| Rosenblatt Securities | Rosenblatt Securities | Buy Reiterates $54 → $65 | Buy | Reiterates | $54 → $65 | -8.66% | Jun 1, 2026 |
| Barclays | Barclays | Hold Downgrades $23 → $27 | Hold | Downgrades | $23 → $27 | -62.06% | Apr 22, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains $25 | Buy | Maintains | $25 | -64.87% | Apr 14, 2026 |
| Needham | Needham | Buy Reiterates $27 | Buy | Reiterates | $27 | -62.06% | Apr 2, 2026 |
Financial Forecast
Revenue This Year
1.54B
from 1.37B
Increased by 12.67%
Revenue Next Year
1.80B
from 1.54B
Increased by 16.95%
EPS This Year
1.14
from 0.28
Increased by 305.36%
EPS Next Year
2.05
from 1.14
Increased by 80.18%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.6B | ||
| Avg | 1.5B | ||
| Low | 1.5B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 14.0% | ||
| Avg | 12.7% | ||
| Low | 11.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.20 | ||
| Avg | 1.14 | ||
| Low | 1.07 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 328.6% | ||
| Avg | 305.4% | ||
| Low | 282.1% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by S&P Global Market Intelligence. The data is sourced from Wall Street analysts. Data sources.