Penguin Solutions, Inc. (PENG)
| Market Cap | 1.11B +8.5% |
| Revenue (ttm) | 1.35B +2.3% |
| Net Income | 38.10M |
| EPS | 0.70 |
| Shares Out | 50.75M |
| PE Ratio | 31.27 |
| Forward PE | 9.17 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 615,622 |
| Open | 21.70 |
| Previous Close | 20.63 |
| Day's Range | 21.25 - 22.22 |
| 52-Week Range | 14.20 - 29.80 |
| Beta | 2.22 |
| Analysts | Strong Buy |
| Price Target | 27.88 (+27.71%) |
| Earnings Date | Apr 1, 2026 |
About PENG
Penguin Solutions, Inc. designs, builds, deploys and manages enterprise solutions worldwide. The company operates through three segments: Advanced Computing, Integrated Memory, and Optimized LED. It offers hardware, software, and services focusing on technical computing for core and cloud environments through high-performance computing and AI solutions under the Penguin Solutions, Penguin Computing, Stratus, and Penguin Edge brands. The company also provides Penguin Solutions OriginAI, an AI infrastructure solution for customers deploying GPUs ... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 8 analysts, the average rating for PENG stock is "Strong Buy." The 12-month stock price target is $27.88, which is an increase of 27.71% from the latest price.
News
These Analysts Revise Their Forecasts On Penguin Solutions Following Q2 Results
Penguin Solutions Inc. (NASDAQ: PENG) on Wednesday posted upbeat second-quarter results and raised its full-year outlook.
Penguin Solutions Reports Q2 Fiscal 2026 Financial Results
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions today reported financial results for the second quarter of fiscal 2026 and included raising its full year net sales and EPS outlook.
Penguin Solutions Divests Remaining Interest in Brazil Memory Module Business
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #Brazil--Penguin Solutions today announced the sale of its remaining 19% interest in Zilia Technologies Brazil for $46.08M per the Stock Transfer Agreement.
Penguin Solutions Selected by Deepgram to Enable Deployment of Optimized AI Inference Infrastructure for Enterprise Voice AI
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced a collaboration with Deepgram and Dell for an optimized infrastructure aligned to Deepgram's enterprise voice AI needs.
Penguin Solutions' OriginAI Factory Platform Delivers Optimized Performance for AI Inference
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions' OriginAI portfolio addresses the need for +GPU memory to solve context size/concurrency & meet low latency demands of AI inference.
Penguin Solutions Introduces Industry's First Production-Ready CXL-Based KV Cache Server
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions today announced its MemoryAI KV cache server, the industry's first production-ready KV cache server utilizing CXL memory technology.
Penguin Solutions Announces Second Quarter Fiscal 2026 Conference Call
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions will host its quarterly financial webcast & conf call for Q2FY2026 earnings after market close Wed April 1 at 1:30 pm PT/4:30 pm ET.
Penguin Solutions Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced the grant of inducement equity awards to SVP & Chief Product Officer Ian Colle for his employment starting March 2, 2026.
Penguin Solutions Appoints Ian Colle as SVP and Chief Product Officer
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced the appointment of Ian Colle as SVP/Chief Product Officer responsible for Penguin's AI Factory Platform product strategy.
Cree LED Unveils OptiLamp LEDs With Active Intelligence in Every Pixel
DURHAM, N.C.--(BUSINESS WIRE)---- $PENG #CreeLED--Cree LED today announced OptiLamp™ LEDs, a new display technology that integrates driver and control intelligence directly into every LED pixel.
Penguin Solutions Announces CEO Transition
FREMONT, Calif.--(BUSINESS WIRE)--Penguin Solutions, Inc. (“Penguin Solutions” or the “Company”) (NASDAQ: PENG), a leading provider of high-performance computing and AI infrastructure solutions, today...
Cree LED and Blizzard Lighting Enter Settlement and Limited License Agreement
DURHAM, N.C.--(BUSINESS WIRE)---- $PENG #BlizzardLighting--Cree LED and Blizzard Lighting today announced a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED's ...
Penguin Solutions SMART Modular CXL NV-CMM E3.S 2T Memory Module Achieves CXL Compliance
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions today announced that its SMART Modular CXL NV-CMM E3.S 2T non-volatile memory module has successfully passed CXL compliance testing.
Cree LED Introduces Fully Assembled L2 PCBA Solutions That Address a Wide Range of Indoor and Outdoor Lighting Use Cases
DURHAM, N.C.--(BUSINESS WIRE)---- $PENG #CreeLED--Cree LED today announced its new Level 2 (L2) Solutions portfolio, offering both standard and custom fully-populated LED PC board assemblies (PCBAs).
Penguin Solutions Reports Q1 Fiscal 2026 Financial Results
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions today reported financial results for Q1FY26 with net sales of $343M and solid Q1 driven by operational excellence and memory growth.
Penguin Solutions Announces First Quarter Fiscal 2026 Conference Call
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions will host its quarterly financial webcast & conf call for Q1FY26 earnings after market close on Tues Jan 6 at 1:30 pm PT/4:30 pm ET.
Penguin Solutions Expands SMART Modular DDR5 SODIMM Memory Portfolio with New 64GB DDR5-6400 ECC CSODIMM for Next-Gen HPC
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #DDR5--Penguin Solutions announced the release of its SMART 64GB DDR5-6400 ECC CSODIMM memory modules, the newest addition to its broad DDR5 SODIMM lineup.
Cree LED and SANlight Partner to Advance High-Efficiency Horticulture Lighting
DURHAM, N.C.--(BUSINESS WIRE)---- $PENG #Agronomy--Cree LED and SANlight today announced a partnership under which SANlight will use Cree LED's J Series products in its new STIXX-Series luminaires.
Penguin Solutions to Provide OriginAI Pre-Validated Cluster Architectures Featuring NVIDIA DGX B300 and NVIDIA RTX PRO 6000 GPUs
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions today announced that it will provide the latest NVIDIA GPUs in early 2026 across its OriginAI infrastructure solution portfolio.
Penguin Solutions Releases ICE ClusterWare Management Software 13.0 for Optimizing AI Infrastructure
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions today announced the release of ICE ClusterWare software 13.0. This latest version introduces powerful new capabilities for AI & HPC.
CreeLED, Inc. Files Patent Infringement Lawsuit Against Promier Products, Inc. (d/b/a LitezAll) and Tractor Supply Co.
DURHAM, N.C.--(BUSINESS WIRE)---- $PENG #CreeLED--Cree LED has filed a patent infringement lawsuit in the U.S. District Court Northern District of Illinois against Promier Products and Tractor Supply.
Penguin Solutions to Demonstrate Optimized AI Infrastructure Solutions at SC25
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced its participation at Supercomputing 25 (SC25) in St Louis Nov 17-21 at booth #1326 showcasing AI infrastructure solutions.
Penguin Solutions Fault Tolerance Platforms Now Support Oracle Database Applications
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions today announced the general availability of the Oracle Linux OS on its Stratus ztC Endurance fault-tolerant computing platforms.
Penguin Solutions Posts Q4 Earnings, Joins Esperion Therapeutics, Joby Aviation And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
U.S. stock futures were slightly higher this morning, with the Dow futures gaining around 0.1% on Wednesday.
Penguin Solutions Stock Sinks More Than 20%. What's Troubling the AI Infrastructure Maker.
Penguin Solutions says its soft fiscal-year outlook is meant to ‘reflect a broader set of outcomes.'