Penguin Solutions, Inc. (PENG)
NASDAQ: PENG · Real-Time Price · USD
56.30
-0.80 (-1.40%)
Oct 19, 2026, 1:40 PM EDT - Market open
Penguin Solutions Stock Forecast
Stock Price Forecast
According to 8 analysts polled by S&P Global, Penguin Solutions stock has a consensus rating of "Buy" and an average price target of $85.63. The average 1-year stock price forecast is 52.10% higher than the current stock price, while the lowest is $60 (+6.57%) and the highest is $100 (+77.62%).
Price Target: $85.63 (+52.10%)
Analyst Consensus: Buy
Price Target
ChartAnalyst 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 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 5 |
| Buy | 3 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 7 | 7 | 7 | 7 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Buy Maintains $85 | Buy | Maintains | $85 | +50.98% | Oct 14, 2026 |
| Bank of America Securities | Bank of America Securities | Buy Initiates $100 | Buy | Initiates | $100 | +77.62% | Oct 9, 2026 |
| Rosenblatt Securities | Rosenblatt Securities | Buy Maintains $80 → $100 | Buy | Maintains | $80 → $100 | +77.62% | Oct 7, 2026 |
| Needham | Needham | Buy Maintains $75 → $85 | Buy | Maintains | $75 → $85 | +50.98% | Oct 7, 2026 |
| Stifel Nicolaus | Stifel Nicolaus | Buy Maintains $75 → $85 | Buy | Maintains | $75 → $85 | +50.98% | Oct 7, 2026 |
Financial Forecast
Revenue This Year
2.45B
from 1.73B
Increased by 41.70%
Revenue Next Year
2.75B
from 2.45B
Increased by 12.27%
EPS This Year
4.56
from 2.87
Increased by 58.83%
EPS Next Year
5.26
from 4.56
Increased by 15.30%
EPS and Forward PE are based on non-GAAP adjusted numbers.