Penguin Solutions, Inc. (PENG)
| Market Cap | 3.16B |
| Revenue (ttm) | 1.35B |
| Net Income (ttm) | 38.10M |
| Shares Out | 50.75M |
| EPS (ttm) | 0.70 |
| PE Ratio | 89.13 |
| Forward PE | 24.26 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,864,863 |
| Open | 63.20 |
| Previous Close | 66.77 |
| Day's Range | 60.30 - 63.98 |
| 52-Week Range | 16.04 - 77.40 |
| Beta | 2.89 |
| Analysts | Buy |
| Price Target | 50.14 (-19.49%) |
| Earnings Date | Jul 7, 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 high-performance computing and AI solutions under the Penguin Solutions, Penguin Computing, Stratus, and Penguin Edge brands. The company also provides Penguin Solutions OriginAI, an AI infrastructure solution for customers deploying GPUs ... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for PENG stock is "Buy." The 12-month stock price target is $50.14, which is a decrease of -19.49% from the latest price.
News
Penguin Solutions expands ClusterWareAI operating system software
Penguin Solutions (PENG) announced its latest ClusterWareAI AI Factory Platform Operating System Software. The updated ClusterWareAI software enables AI operators to optimize AI factory performance, i...
Penguin Solutions Expands ClusterWareAI Operating System Software for AI Factories with AI-Powered Operations and Automated Remediation
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced its latest ClusterWareAI AI Factory Platform Operating System Software for operators to optimize AI factory performance.
Penguin Solutions becomes Nvidia AI Factory Specialized Parnter
Penguin Solutions (PENG) has become an NVIDIA (NVDA) AI Factory Specialized Partner, joining a select group of NVIDIA Partner Network solution providers. Penguin achieved this invitation-only NVIDIA A...
Penguin Solutions Becomes an NVIDIA AI Factory Specialized Partner
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced it is an NVIDIA AI Factory Specialized Partner, joining a select group of NVIDIA Partner Network (NPN) solution providers.
Penguin Solutions Announces Third Quarter Fiscal 2026 Conference Call
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced its quarterly financial webcast and conference call for Q3 FY2026 earnings after market close on Tues July 7 at 1:30 pm PT.
Penguin Solutions Recognized as Dell Technologies Global Alliances Americas AI Partner of the Year
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions received the 2026 Dell Technologies AI Partner of the Year Award during the Global Partner Alliance event at Dell Technologies World.
Cree LED Introduces XLamp XE-B LEDs for Directional Lighting Applications, Delivering High Intensity and Design Flexibility in an Ultra-Compact Package
DURHAM, N.C.--(BUSINESS WIRE)---- $PENG #CreeLED--Cree LED announced its new XLamp XE-B LEDs extending the XLamp Element family into a small form factor to enable new levels of design and performance.
Penguin Solutions rises 20.1%
Penguin Solutions (PENG) is up 20.1%, or $12.02 to $71.73.
Penguin Solutions price target raised to $65 from $54 at Rosenblatt
Rosenblatt analyst Kevin Cassidy raised the firm’s price target on Penguin Solutions (PENG) to $65 from $54 and keeps a Buy rating on the shares. The company lifted its fiscal…
Penguin Solutions price target raised to $66 from $24 at Stifel
Stifel raised the firm’s price target on Penguin Solutions (PENG) to $66 from $24 and keeps a Buy rating on the shares after the company announced that CFO Nate Olmstead…
Penguin Solutions CFO Olmstead to step down, Johnson named interim CFO
Penguin Solutions (PENG) announced that Nate Olmstead, Senior Vice President and Chief Financial Officer, will step down as the CFO of the company on July 8, 2026 to pursue a…
Penguin Solutions Announces CFO Transition
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AIFactoryPlatformStrategy--Penguin Solutions today announced that Nate Olmstead, SVP & CFO, will step down as CFO on July 8 to pursue a new opportunity in a...
Penguin Solutions appoints David Heard to Board
The company stated: “Penguin Solutions (PENG) announced that David Heard, President of Network Infrastructure at Nokia, has been appointed to Penguin Solutions’ board of directors, effective immediate...
Penguin Solutions Strengthens AI Factory Platform Strategy with Appointment of David Heard to Board of Directors
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions today announced that David Heard, President of Network Infrastructure at Nokia, has been appointed to Penguin's board of directors.
Penguin Solutions price target raised to $54 from $32 at Rosenblatt
Rosenblatt raised the firm’s price target on Penguin Solutions (PENG) to $54 from $32 and keeps a Buy rating on the shares after hosting meetings with management. CEO Kash Shaikh’s…
Penguin Solutions Transcript: 21st Annual Needham Technology, Media, & Consumer Conference
AI adoption is accelerating as enterprises shift from experimentation to production, driving demand for advanced memory and infrastructure solutions. The company’s AI factory platform and MemoryAI products are central to its growth, with strong financial performance, new customer wins, and ongoing innovation in both product and internal AI deployment.
Penguin Solutions management to meet with Rosenblatt
Semiconductor Analyst Cassidy holds a meeting with management. in Boston on May 11 hosted by Rosenblatt.Webcast Link
Penguin Solutions Releases 2025 Environmental and Social Sustainability Report
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions released its 2025 Environmental & Social Sustainability Report, detailing progress on its environmental/social sustainability goals.
Penguin Solutions downgraded to Equal Weight from Overweight at Barclays
Barclays analyst Tom O’Malley downgraded Penguin Solutions (PENG) to Equal Weight from Overweight with a price target of $27, up from $23. The company is seeing “significant” margin compression in…
Penguin Solutions management to meet virtually with Citizens
Virtual Meeting to be held on April 14 hosted by Citizens.
Penguin Solutions price target raised to $27 from $25 at Needham
Needham raised the firm’s price target on Penguin Solutions (PENG) to $27 from $25 and keeps a Buy rating on the shares.
Penguin Solutions price target raised to $32 from $30 at Rosenblatt
Rosenblatt raised the firm’s price target on Penguin Solutions (PENG) to $32 from $30 and keeps a Buy rating on the shares. The company’s fiscal Q2 report beat estimates and…
Penguin Solutions Earnings Call Transcript: Q2 2026
Q2 net sales were $343M, down 6% year-over-year, with strong 63% growth in the Memory segment driven by AI demand and favorable pricing. Full-year outlook was raised to 12% net sales growth and $2.15 EPS, while Advanced Computing faces a decline due to the Penguin Edge wind down.
Penguin Solutions Quarterly report: Q2 2026
Penguin Solutions has published its Q2 2026 quarterly earnings report on April 1, 2026.
Penguin Solutions Earnings release: Q2 2026
Penguin Solutions released its Q2 2026 earnings on April 1, 2026, summarizing the period's financial results.