Penguin Solutions, Inc. (PENG)
| Market Cap | 2.99B +140.1% |
| Revenue (ttm) | 1.50B +12.0% |
| Net Income | 75.91M |
| EPS | 1.39 |
| Shares Out | 51.24M |
| PE Ratio | 41.97 |
| Forward PE | 18.36 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,617,276 |
| Open | 59.82 |
| Previous Close | 63.08 |
| Day's Range | 57.34 - 61.00 |
| 52-Week Range | 16.04 - 89.86 |
| Beta | 2.87 |
| Analysts | Buy |
| Price Target | 74.29 (+27.3%) |
| Earnings Date | Oct 6, 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 computing and AI solutions. The company also provides Penguin Solutions OriginAI, an AI infrastructure solution for customers deploying GPUs at scale; continuous availability of customers critical data and applications in data centers and ... [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 $74.29, which is an increase of 27.30% from the latest price.
News
Penguin Solutions Transcript: Rosenblatt's 6th Annual Technology Summit: The Age of AI (Part II)
Penguin is now a full-stack AI factory platform, leveraging HPC expertise and partnerships with NVIDIA, AMD, Dell, and SK Telecom. Its offerings—ClusterWareAI, OriginAI, and MemoryAI—enable tailored, high-performance AI deployments. Growth is expected in software and services as hardware becomes commoditized.
Penguin Solutions to Participate in Rosenblatt's 6th Annual Technology Summit
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced SVP Mark Seamans will participate in a virtual fireside chat at Rosenblatt's 6th Technology Summit, Aug 17 at 12:00 pm PT.
Penguin Solutions falls -10.2%
Penguin Solutions (PENG) is down -10.2%, or -$6.17 to $54.24.
Penguin Solutions falls -13.1%
Penguin Solutions (PENG) is down -13.1%, or -$7.93 to $52.48.
Penguin Solutions downgraded to Underweight from Equal Weight at Barclays
Barclays analyst Tom O’Malley downgraded Penguin Solutions (PENG) to Underweight from Equal Weight with an unchanged price target of $40. The firm adjusted ratings in the semiconductor and capital equ...
Penguin Solutions Announces Closing of Oversubscribed Convertible Notes Offering
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced it has closed its private offering of $750.0 million aggregate principal amount of 0.00% convertible senior notes due 2031.
Penguin Solutions Announces Pricing of Private Offering of $650.0 Million of 0.00% Convertible Notes and Refinancing to Enhance Capital Structure
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced pricing of $650.0M in aggregate principal amount of convertible senior notes due 2031 to be offered to qualified buyers.
Penguin Solutions files to sell $650M of convertible senior notes due 2031
Penguin Solutions (PENG) announced it intends to offer $650M in aggregate principal amount of convertible senior notes due 2031 to qualified institutional buyers as defined in Rule 144A under the…
Penguin Solutions Announces Proposed Private Offering of Convertible Notes and Refinancing to Enhance Capital Structure
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced it intends to offer $650.0 million in aggregate principal amount of convertible senior notes due 2031 to qualified buyers.
Penguin Solutions price target raised to $40 from $27 at Barclays
Barclays analyst Tom O’Malley raised the firm’s price target on Penguin Solutions (PENG) to $40 from $27 and keeps an Equal Weight rating on the shares.
Penguin Solutions participates in a conference call with Citizens
Citizens holds a post-earnings conference call on July 10 hosted by Citizens.
Penguin Solutions (PENG) Stock Surges on Strong Q3 Earnings & Analyst Price Target Increases
Penguin Solutions stock gained on Wednesday after its strong Q3 earnings triggered increased analyst price targets.
Penguin Solutions stock jumps 18% as AI demand, Nvidia deal drive analyst upgrades
Penguin Solutions Inc. (PENG) shares surged 18% on Wednesday after the company delivered stronger-than-expected fiscal third-quarter results. It has prompted Wall Street analysts to raise their price ...
Penguin Solutions rises 18.8%
Penguin Solutions (PENG) is up 18.8%, or $11.79 to $74.50.
Penguin Solutions rises 17.9%
Penguin Solutions (PENG) is up 17.9%, or $11.23 to $73.94.
Penguin Solutions price target raised to $80 from $60 at Needham
Needham raised the firm’s price target on Penguin Solutions (PENG) to $80 from $60 and keeps a Buy rating on the shares. The company has delivered a strong quarter, increasing…
Penguin Solutions price target raised to $80 from $75 at Rosenblatt
Rosenblatt analyst Sajal Dogra raised the firm’s price target on Penguin Solutions (PENG) to $80 from $75 and keeps a Buy rating on the shares while transferring coverage of the…
Penguin Solutions price target raised to $75 from $66 at Stifel
Stifel raised the firm’s price target on Penguin Solutions (PENG) to $75 from $66 and keeps a Buy rating on the shares. Penguin’s Q3 results significantly exceeded expectations, driven by…
Penguin Solutions price target raised to $85 from $65 at Citizens
Citizens raised the firm’s price target on Penguin Solutions (PENG) to $85 from $65 and keeps an Outperform rating on the shares. As the company advances AI-driven product innovation, shifts…
Penguin Solutions Earnings Call Transcript: Q3 2026
Record Q3 results driven by AI demand led to raised FY 2026 outlook for net sales and EPS. Memory and non-hyperscale AI infrastructure segments saw exceptional growth, with strong backlog and favorable pricing. Preliminary FY 2027 guidance anticipates ~30% growth in sales and EPS.
Penguin Solutions Earnings release: Q3 2026
Penguin Solutions released its Q3 2026 earnings on July 7, 2026, summarizing the period's financial results.
Penguin Solutions Quarterly report: Q3 2026
Penguin Solutions has published its Q3 2026 quarterly earnings report on July 7, 2026.
Penguin Solutions Slides: Q3 2026
Penguin Solutions has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on July 7, 2026.
Penguin Solutions reports Q3 adjusted EPS 84c, consensus 56c
Reports Q3 revenue $479M, consensus $421.36M. “Penguin Solutions (PENG) delivered a record quarter, exceeding expectations for both net sales and EPS. This profitable growth acceleration reinforces ou...
Penguin Solutions Reports Q3 Fiscal 2026 Financial Results
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions, Inc today reported financial results for third quarter FY2026 that delivered record quarterly results and raised full-year outlook.