Penguin Solutions, Inc. (PENG)
| Market Cap | 2.48B +162.3% |
| Revenue (ttm) | 1.35B +2.3% |
| Net Income | 38.10M |
| EPS | 0.70 |
| Shares Out | 50.75M |
| PE Ratio | 69.86 |
| Forward PE | 20.08 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,184,752 |
| Open | 48.38 |
| Previous Close | 47.63 |
| Day's Range | 46.21 - 50.61 |
| 52-Week Range | 16.04 - 53.27 |
| Beta | 2.65 |
| Analysts | Buy |
| Price Target | 33.57 (-31.22%) |
| Earnings Date | Jul 7, 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 7 analysts, the average rating for PENG stock is "Buy." The 12-month stock price target is $33.57, which is a decrease of -31.22% from the latest price.
News
Penguin Solutions Inc. call volume above normal and directionally bullish
Bullish option flow detected in Penguin Solutions (PENG) Inc. with 6,475 calls trading, 1.0x expected, and implied vol increasing almost 5 points to 102.46%. Jun-26 65 calls and Jun-26 60…
Penguin Solutions appoints David Heard to Board
The company stated: “Penguin Solutions (PENG) announced that David Heard, President of Network Infrastructure at Nokia, has been appointed to Penguin Solutions’ board of directors, effective immediate...
Penguin Solutions Strengthens AI Factory Platform Strategy with Appointment of David Heard to Board of Directors
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions today announced that David Heard, President of Network Infrastructure at Nokia, has been appointed to Penguin's board of directors.
Penguin Solutions price target raised to $54 from $32 at Rosenblatt
Rosenblatt raised the firm’s price target on Penguin Solutions (PENG) to $54 from $32 and keeps a Buy rating on the shares after hosting meetings with management. CEO Kash Shaikh’s…
Penguin Solutions Transcript: 21st Annual Needham Technology, Media, & Consumer Conference
AI adoption is accelerating as enterprises shift from experimentation to production, driving demand for advanced memory and infrastructure solutions. The company’s AI factory platform and MemoryAI products are central to its growth, with strong financial performance, new customer wins, and ongoing innovation in both product and internal AI deployment.
Penguin Solutions management to meet with Rosenblatt
Semiconductor Analyst Cassidy holds a meeting with management. in Boston on May 11 hosted by Rosenblatt.Webcast Link
Penguin Solutions Releases 2025 Environmental and Social Sustainability Report
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions released its 2025 Environmental & Social Sustainability Report, detailing progress on its environmental/social sustainability goals.
Penguin Solutions downgraded to Equal Weight from Overweight at Barclays
Barclays analyst Tom O’Malley downgraded Penguin Solutions (PENG) to Equal Weight from Overweight with a price target of $27, up from $23. The company is seeing “significant” margin compression in…
Penguin Solutions management to meet virtually with Citizens
Virtual Meeting to be held on April 14 hosted by Citizens.
Penguin Solutions Gains Traction: Is Now the Time to Buy?
Penguin Solutions' NASDAQ: PENG stock price has struggled to gain traction for years and may continue to do so in Q2 2026, but signals suggest this time is different.
Penguin Solutions price target raised to $27 from $25 at Needham
Needham raised the firm’s price target on Penguin Solutions (PENG) to $27 from $25 and keeps a Buy rating on the shares.
Penguin Solutions price target raised to $32 from $30 at Rosenblatt
Rosenblatt raised the firm’s price target on Penguin Solutions (PENG) to $32 from $30 and keeps a Buy rating on the shares. The company’s fiscal Q2 report beat estimates and…
Penguin Solutions price target lowered to $24 from $27 at Stifel
Stifel lowered the firm’s price target on Penguin Solutions (PENG) to $24 from $27 and keeps a Buy rating on the shares after the company reported fiscal Q2 revenue and…
Penguin Solutions Earnings Call Transcript: Q2 2026
Q2 net sales were $343M, down 6% year-over-year, with strong 63% growth in the Memory segment driven by AI demand and favorable pricing. Full-year outlook was raised to 12% net sales growth and $2.15 EPS, while Advanced Computing faces a decline due to the Penguin Edge wind down.
Penguin Solutions Quarterly report: Q2 2026
Penguin Solutions has published its Q2 2026 quarterly earnings report on April 1, 2026.
Penguin Solutions Earnings release: Q2 2026
Penguin Solutions released its Q2 2026 earnings on April 1, 2026, summarizing the period's financial results.
Penguin Solutions Slides: Q2 2026
Penguin Solutions has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on April 1, 2026.
Penguin Solutions reports Q2 adjusted EPS 52c, consensus 42c
Reports Q2 revenue $343M, consensus $339M. “Enterprises, governments, and neocloud providers are racing to build AI factories, as platforms scale to power the next generation of inference workloads,” ...
Penguin Solutions sees FY26 EPS $2.15, plus or minus 15c, consensus $2.45
Sees FY26 revenue growth 12% year-over-year, plus or minus 5%.
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
Penguin Solutions (PENG) announced that SMART Modular Technologies closed the transaction contemplated by that certain Stock Transfer Agreement entered into on December 29, 2025, by and among Seller, ...
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 enters collaboration with Deepgram, Dell Technologies
Penguin Solutions (PENG) announced a strategic collaboration with Deepgram and Dell Technologies (DELL) to architect and deploy a fully optimized, production-ready infrastructure aligned to Deepgram’s...
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.