Penguin Solutions, Inc. (PENG)
NASDAQ: PENG · Real-Time Price · USD
27.17
-0.75 (-2.69%)
Apr 22, 2026, 2:22 PM EDT - Market open
Penguin Solutions Stock Forecast
Stock Price Forecast
The 9 analysts that cover Penguin Solutions stock have a consensus rating of "Strong Buy" and an average price target of $27.78, which forecasts a 2.25% increase in the stock price over the next year. The lowest target is $24 and the highest is $35.
Price Target: $27.78 (+2.25%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Penguin Solutions stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 6 | 6 | 6 | 6 |
| Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy → Hold Downgrades $23 → $27 | Buy → Hold | Downgrades | $23 → $27 | -0.63% | Apr 22, 2026 |
| Stifel | Stifel | Strong Buy Maintains $27 → $24 | Strong Buy | Maintains | $27 → $24 | -11.67% | Apr 2, 2026 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $30 → $32 | Strong Buy | Maintains | $30 → $32 | +17.78% | Apr 2, 2026 |
| Needham | Needham | Strong Buy Maintains $25 → $27 | Strong Buy | Maintains | $25 → $27 | -0.63% | Apr 2, 2026 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $30 | Strong Buy | Maintains | $30 | +10.42% | Mar 30, 2026 |
Financial Forecast
Revenue This Year
1.57B
from 1.37B
Increased by 14.55%
Revenue Next Year
1.82B
from 1.57B
Increased by 16.14%
EPS This Year
2.21
from 0.28
Increased by 689.50%
EPS Next Year
2.54
from 2.21
Increased by 14.78%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.6B | 1.9B | |
| Avg | 1.6B | 1.8B | |
| Low | 1.5B | 1.7B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 18.9% | 24.3% | |
| Avg | 14.6% | 16.1% | |
| Low | 9.6% | 7.4% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.36 | 2.76 | |
| Avg | 2.21 | 2.54 | |
| Low | 2.01 | 2.25 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 743.8% | 24.9% | |
| Avg | 689.5% | 14.8% | |
| Low | 617.5% | 2.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.