Penguin Solutions, Inc. (PENG)
NASDAQ: PENG · Real-Time Price · USD
67.15
+7.47 (12.52%)
At close: Jun 18, 2026, 4:00 PM EDT
72.55
+5.40 (8.04%)
Pre-market: Jun 22, 2026, 4:54 AM EDT
Penguin Solutions Stock Forecast
Stock Price Forecast
According to 7 analysts polled by S&P Global, Penguin Solutions stock has a consensus rating of "Buy" and an average price target of $50.14. The average 1-year stock price forecast is 25.33% lower than the current stock price, while the lowest is $27 (-59.79%) and the highest is $66 (-1.71%).
Price Target: $50.14 (-25.33%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Penguin Solutions stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 3 | 3 | 3 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel Nicolaus | Stifel Nicolaus | Buy Maintains $24 → $66 | Buy | Maintains | $24 → $66 | -1.71% | Jun 2, 2026 |
| Rosenblatt Securities | Rosenblatt Securities | Buy Reiterates $54 → $65 | Buy | Reiterates | $54 → $65 | -3.20% | Jun 1, 2026 |
| Barclays | Barclays | Hold Downgrades $23 → $27 | Hold | Downgrades | $23 → $27 | -59.79% | Apr 22, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains $25 | Buy | Maintains | $25 | -62.77% | Apr 14, 2026 |
| Needham | Needham | Buy Reiterates $27 | Buy | Reiterates | $27 | -59.79% | Apr 2, 2026 |
Financial Forecast
Revenue This Year
1.58B
from 1.37B
Increased by 15.57%
Revenue Next Year
1.86B
from 1.58B
Increased by 17.33%
EPS This Year
2.28
from 1.90
Increased by 19.74%
EPS Next Year
2.81
from 2.28
Increased by 23.50%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.6B | ||
| Avg | 1.6B | ||
| Low | 1.6B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 16.9% | ||
| Avg | 15.6% | ||
| Low | 14.0% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.30 | ||
| Avg | 2.28 | ||
| Low | 2.25 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 21.1% | ||
| Avg | 19.7% | ||
| Low | 18.4% |