Penguin Solutions, Inc. (PENG)

Market Cap	1.01B
Revenue (ttm)	1.17B
Net Income (ttm)	-52.47M
Shares Out	53.29M
EPS (ttm)	-1.01
PE Ratio	n/a
Forward PE	11.11
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,065,040
Open	20.05
Previous Close	20.00
Day's Range	18.73 - 20.52
52-Week Range	14.87 - 29.81
Beta	1.71
Analysts	Strong Buy
Price Target	23.60 (+24.47%)
Earnings Date	Jan 8, 2025

About PENG

Penguin Solutions, Inc. engages in the designing and development of enterprise solutions worldwide. It operates through three segments: Advanced Computing, Integrated Memory, and Optimized LED. It offers dynamic random access memory modules, solid-state and flash storage, and other advanced integrated memory solutions for networking and telecom, data analytics, artificial intelligence and machine learning applications; and supply chain services, including procurement, logistics, inventory management, temporary warehousing, programming, kitting,...

• Industry: Information Technology Services
• Sector: Technology
• IPO Date: May 24, 2017
• Employees: 2,700
• Stock Exchange: NASDAQ
• Ticker Symbol: PENG
• Website: https://www.penguinsolutions.com

Financial Performance

In 2024, Penguin Solutions's revenue was $1.17 billion, a decrease of -18.77% compared to the previous year's $1.44 billion. Losses were -$52.47 million, -72.02% less than in 2023.

Financial numbers in USD

Analyst Forecast

According to 5 analysts, the average rating for PENG stock is "Strong Buy." The 12-month stock price forecast is $23.6, which is an increase of 24.47% from the latest price.

Price Target

$23.6

(24.47% upside)

Analyst Consensus: Strong Buy