Penguin Solutions, Inc. (PENG)
NASDAQ: PENG · Real-Time Price · USD
59.71
+3.88 (6.95%)
At close: Jun 1, 2026, 4:00 PM EDT
60.89
+1.18 (1.98%)
After-hours: Jun 1, 2026, 7:42 PM 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 $38.29. The average 1-year stock price forecast is 35.87% lower than the current stock price, while the lowest is $24 (-59.81%) and the highest is $60 (+0.49%).
Price Target: $38.29 (-35.87%)
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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 2 | 3 | 3 | 3 | 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 | 7 | 8 | 8 | 8 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Rosenblatt Securities | Rosenblatt Securities | Buy Maintains $32 → $54 | Buy | Maintains | $32 → $54 | -9.56% | May 12, 2026 |
| Barclays | Barclays | Hold Downgrades $23 → $27 | Hold | Downgrades | $23 → $27 | -54.78% | Apr 22, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains $25 | Buy | Maintains | $25 | -58.13% | Apr 14, 2026 |
| Stifel Nicolaus | Stifel Nicolaus | Buy Reiterates $27 → $24 | Buy | Reiterates | $27 → $24 | -59.81% | Apr 2, 2026 |
| Needham | Needham | Buy Reiterates $27 | Buy | Reiterates | $27 | -54.78% | Apr 2, 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 16.33%
EPS This Year
2.23
from 0.28
Increased by 696.12%
EPS Next Year
2.67
from 2.23
Increased by 19.92%
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% | 16.3% | |
| Low | 9.6% | 7.4% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.36 | 2.91 | |
| Avg | 2.23 | 2.67 | |
| Low | 2.10 | 2.45 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 743.8% | 30.5% | |
| Avg | 696.1% | 19.9% | |
| Low | 649.0% | 9.9% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.