Penguin Solutions, Inc. (PENG)
| Market Cap | 1.08B |
| Revenue (ttm) | 1.32B |
| Net Income (ttm) | -8.72M |
| Shares Out | 52.76M |
| EPS (ttm) | -0.16 |
| PE Ratio | n/a |
| Forward PE | 13.39 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 147,015 |
| Open | 20.50 |
| Previous Close | 20.44 |
| Day's Range | 20.18 - 20.54 |
| 52-Week Range | 14.20 - 29.81 |
| Beta | 1.97 |
| Analysts | Strong Buy |
| Price Target | 24.94 (+22.17%) |
| Earnings Date | Jul 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,... [Read more]
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 Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for PENG stock is "Strong Buy." The 12-month stock price forecast is $24.94, which is an increase of 22.17% from the latest price.
News
Penguin Solutions Strengthens Balance Sheet with Refinancing
MILPITAS, Calif.--(BUSINESS WIRE)---- $PENG #BalanceSheet--Penguin Solutions completed refinancing of its credit facilities via a $400 million Revolving Credit Facility with a $35M letter of credit su...
Penguin Solutions: A Quiet Contender In The AI Infrastructure Race
Penguin Solutions is rapidly evolving into a vertically integrated AI infrastructure provider, showing strong revenue growth, rising margins, and robust cash flow. Strategic partnerships with Dell and...
Penguin Solutions Announces Third Quarter Fiscal 2025 Financial Conference Call
MILPITAS, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions, Inc. announced its financial webcast & conf call for Q3FY2025 earnings after market close on Tues, July 8 at 1:30 pm PT/4:30 pm ET.
Penguin Solutions Announces Second Generation Stratus ztC Endurance Fault Tolerant Computing Platforms
MILPITAS, Calif.--(BUSINESS WIRE)---- $PENG #5thGenIntelXeonProcessors--Penguin Solutions announces the next gen Stratus ztC Endurance platform, its flagship fault tolerant computing platform with sev...
Penguin Solutions Signs Agreement with CDW Expanding Customer Reach for AI Infrastructure Offerings
MILPITAS, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced an agreement with CDW making its AI infrastructure available to CDW's customer base enabling more companies to deploy AI.
SMART Modular Expands CXL Offerings with Addition of E3.S 2T 128GB CMM to CXL Consortium's Integrator List
NEWARK, Calif.--(BUSINESS WIRE)---- $PENG #AI--SMART Modular Technologies today announced that its E3.S 2T 128GB CMM memory module has been officially added to the CXL Consortium's Integrator List.
Penguin Solutions: Growth Momentum Still On Track
I maintain a bullish rating on Penguin Solutions due to strong AI-related demand and solid financial performance, validated by 2Q25 results. PENG reported $366 million in revenue, up 28% y/y, with sig...
Penguin Solutions Earnings: Tariff Risks, But A Stronger Balance Sheet
Penguin Solutions, Inc. reported earnings amid market uncertainty due to new tariffs, impacting investor sentiment negatively despite a revised revenue growth outlook for fiscal 2025. My previous posi...
Penguin Solutions: A Cheap Stock With Real Growth And Real Risk
Penguin Solutions is strategically pivoting towards AI infrastructure and next-gen memory, positioning itself as a full-stack solutions provider across key industries. The company shows strong financi...
Penguin Solutions Delivers Strong Q2 Results, Analysts Say 2025 Is Tracking 'Above Expectations'
Shares of Penguin Solutions Inc PENG tanked in early trading on Thursday, even after the company posted better-than-expected results for its second quarter on Wednesday.
Penguin Solutions, Inc. (PENG) Q2 2025 Earnings Call Transcript
Penguin Solutions, Inc. (NASDAQ:PENG) Q2 2025 Earnings Conference Call April 2, 2025 4:30 PM ET Company Participants Suzanne Schmidt - Investor Relations Mark Adams - Chief Executive Officer Nate Olm...
Penguin Solutions Reports Q2 Fiscal 2025 Financial Results
MILPITAS, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions today reported financial results for Q2 fiscal 2025 and the planned retirement of COO & President of Integrated Memory Jack Pacheco.
SMART Modular Technologies Introduces its Non-Volatile CXL E3.S Memory Module
NEWARK, Calif.--(BUSINESS WIRE)---- $PENG #AI--SMART Modular announced that it is now sampling its redefined Non-Volatile CXL Memory Module (NV-CMM) to Tier 1 OEMs based on the CXL® 2.0 standard.
Penguin Solutions, Inc. Announces Proposed Redomiciliation to the United States
MILIPITAS, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced that its BoD has approved a plan to redomicile the parent co of Penguin Solutions group of co's from Cayman Islands to US.
Penguin Solutions Announces Second Quarter Fiscal 2025 Financial Conference Call
MILPITAS, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced that it will host its Q2 FY2025 earnings financial webcast & conf call after market close on Wed, April 2 at 4:30 pm ET.
Penguin Solutions Expands Its AI Infrastructure Management Software Platform and Introduces Robust AI Optimization Service
MILPITAS, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced its ICE ClusterWare software platform with multi-tenancy support, streamlined workflows, and enhanced controls for AI.
Cree LED Advances Horticulture Lighting with Launch of XLamp XP-L Photo Red S Line LEDs
DURHAM, N.C.--(BUSINESS WIRE)---- $PENG #CreeLED--Cree LED introduced its new XLamp XP-L Photo Red S Line LEDs-a groundbreaking advancement specifically optimized for horticulture lighting technology.
SMART Modular Add-In Cards Now Listed on CXL Consortium Integrators' List
NEWARK, Calif.--(BUSINESS WIRE)---- $PENG #AICs--SMART Modular today announced that its 4-DIMM and 8-DIMM CXL memory Add-in Cards/AICs are now officially on the CXL Consortium's Integrators' List.
Penguin Solution: Strong Growth Outlook With Strategic AI Partnerships
I am positive on Penguin Solution due to its strong position in the growing AI infrastructure market, supported by strategic partnerships and robust revenue growth. PENG reported a 24% y/y revenue inc...
Penguin Solutions Signs AI Data Center Collaboration Agreement with SK Telecom and SK hynix
LAS VEGAS--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced it has entered into a strategic collaboration agreement with SK Telecom and SK hynix to pursue AI data center solutions.
Penguin Solutions Earnings: Upgrading To Buy After Fiscal Q1 Surprise
Penguin Solutions, formerly SMART Global, delivered strong Q1 2025 earnings, boosting its stock by over 15% and proving skeptics wrong. The company focuses on AI infrastructure and large-scale data ce...
Penguin Solutions, Inc. (PENG) Q1 2025 Earnings Call Transcript
Penguin Solutions, Inc. (NASDAQ:PENG) Q1 2025 Earnings Conference Call January 8, 2025 4:30 PM ET Company Participants Suzanne Schmidt - IR Mark Adams - CEO Nate Olmstead - CFO Conference Call Partic...
Penguin Solutions Reports Q1 Fiscal 2025 Financial Results
MILPITAS, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions today reported financial results for Q1FY25 with revenue up by 24% vs Q1 FY24, highlighted by 49% growth in Advanced Computing.
CreeLED Inc. Files Patent Infringement Lawsuit Against ADJ Products, LLC
DURHAM, N.C.--(BUSINESS WIRE)---- $PENG #ADJProductsLLC--Cree LED announced it has filed a patent infringement lawsuit in the U.S. District Court for the Northern District of Calif against ADJ Product...
Cree LED and Daktronics Enter Licensing Agreement for LED Display Technology
DURHAM, N.C.--(BUSINESS WIRE)---- $PENG #CreeLED--Cree LED and Daktronics announced a multi-year, global patent license agreement effective Dec 2024 to Daktronics for Cree LED's patented technology.