Penguin Solutions, Inc. (PENG)
| Market Cap | 1.43B |
| Revenue (ttm) | 1.35B |
| Net Income (ttm) | 38.10M |
| Shares Out | 50.75M |
| EPS (ttm) | 0.70 |
| PE Ratio | 40.24 |
| Forward PE | 11.75 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,069,814 |
| Open | 28.01 |
| Previous Close | 29.05 |
| Day's Range | 27.28 - 28.76 |
| 52-Week Range | 16.04 - 31.30 |
| Beta | 2.22 |
| Analysts | Strong Buy |
| Price Target | 27.78 (-1.21%) |
| Earnings Date | Apr 1, 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 9 analysts, the average rating for PENG stock is "Strong Buy." The 12-month stock price target is $27.78, which is a decrease of -1.21% from the latest price.
News
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.
These Analysts Revise Their Forecasts On Penguin Solutions Following Q2 Results
Penguin Solutions Inc. (NASDAQ: PENG) on Wednesday posted upbeat second-quarter results and raised its full-year outlook.
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 Reports Q2 Fiscal 2026 Financial Results
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions today reported financial results for the second quarter of fiscal 2026 and included raising its full year net sales and EPS outlook.
Penguin Solutions Divests Remaining Interest in Brazil Memory Module Business
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #Brazil--Penguin Solutions today announced the sale of its remaining 19% interest in Zilia Technologies Brazil for $46.08M per the Stock Transfer Agreement.
Penguin Solutions Selected by Deepgram to Enable Deployment of Optimized AI Inference Infrastructure for Enterprise Voice AI
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced a collaboration with Deepgram and Dell for an optimized infrastructure aligned to Deepgram's enterprise voice AI needs.
Penguin Solutions' OriginAI Factory Platform Delivers Optimized Performance for AI Inference
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions' OriginAI portfolio addresses the need for +GPU memory to solve context size/concurrency & meet low latency demands of AI inference.
Penguin Solutions Introduces Industry's First Production-Ready CXL-Based KV Cache Server
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions today announced its MemoryAI KV cache server, the industry's first production-ready KV cache server utilizing CXL memory technology.
Penguin Solutions Announces Second Quarter Fiscal 2026 Conference Call
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions will host its quarterly financial webcast & conf call for Q2FY2026 earnings after market close Wed April 1 at 1:30 pm PT/4:30 pm ET.
Penguin Solutions Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced the grant of inducement equity awards to SVP & Chief Product Officer Ian Colle for his employment starting March 2, 2026.
Penguin Solutions Appoints Ian Colle as SVP and Chief Product Officer
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced the appointment of Ian Colle as SVP/Chief Product Officer responsible for Penguin's AI Factory Platform product strategy.
Penguin Solutions Transcript: AGM 2026
The meeting covered board introductions, voting on director election, auditor ratification, and executive compensation, all of which passed. No questions were raised during the Q&A, and official results will be filed on Form 8-K.
Cree LED Unveils OptiLamp LEDs With Active Intelligence in Every Pixel
DURHAM, N.C.--(BUSINESS WIRE)---- $PENG #CreeLED--Cree LED today announced OptiLamp™ LEDs, a new display technology that integrates driver and control intelligence directly into every LED pixel.
Penguin Solutions Announces CEO Transition
FREMONT, Calif.--(BUSINESS WIRE)--Penguin Solutions, Inc. (“Penguin Solutions” or the “Company”) (NASDAQ: PENG), a leading provider of high-performance computing and AI infrastructure solutions, today...
Cree LED and Blizzard Lighting Enter Settlement and Limited License Agreement
DURHAM, N.C.--(BUSINESS WIRE)---- $PENG #BlizzardLighting--Cree LED and Blizzard Lighting today announced a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED's ...
Penguin Solutions Transcript: 28th Annual Needham Growth Conference Virtual
Penguin Solutions has transformed into an advanced compute and AI infrastructure provider, achieving strong revenue growth and margin expansion by diversifying its customer base and product offerings. The company is capitalizing on enterprise and sovereign AI demand, investing in software, services, and operational efficiencies to drive future growth.
Penguin Solutions SMART Modular CXL NV-CMM E3.S 2T Memory Module Achieves CXL Compliance
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions today announced that its SMART Modular CXL NV-CMM E3.S 2T non-volatile memory module has successfully passed CXL compliance testing.
Cree LED Introduces Fully Assembled L2 PCBA Solutions That Address a Wide Range of Indoor and Outdoor Lighting Use Cases
DURHAM, N.C.--(BUSINESS WIRE)---- $PENG #CreeLED--Cree LED today announced its new Level 2 (L2) Solutions portfolio, offering both standard and custom fully-populated LED PC board assemblies (PCBAs).
Penguin Solutions Earnings Call Transcript: Q1 2026
Q1 FY26 revenue grew 1% year over year to $343M, with strong memory growth offsetting declines in advanced computing and LED. FY26 guidance was reaffirmed, with memory sales outlook raised and second-half sales expected to be stronger. Supply chain constraints and customer diversification remain key focus areas.
Penguin Solutions Reports Q1 Fiscal 2026 Financial Results
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions today reported financial results for Q1FY26 with net sales of $343M and solid Q1 driven by operational excellence and memory growth.
Penguin Solutions Announces First Quarter Fiscal 2026 Conference Call
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions will host its quarterly financial webcast & conf call for Q1FY26 earnings after market close on Tues Jan 6 at 1:30 pm PT/4:30 pm ET.
Penguin Solutions Expands SMART Modular DDR5 SODIMM Memory Portfolio with New 64GB DDR5-6400 ECC CSODIMM for Next-Gen HPC
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #DDR5--Penguin Solutions announced the release of its SMART 64GB DDR5-6400 ECC CSODIMM memory modules, the newest addition to its broad DDR5 SODIMM lineup.
Cree LED and SANlight Partner to Advance High-Efficiency Horticulture Lighting
DURHAM, N.C.--(BUSINESS WIRE)---- $PENG #Agronomy--Cree LED and SANlight today announced a partnership under which SANlight will use Cree LED's J Series products in its new STIXX-Series luminaires.
Penguin Solutions to Provide OriginAI Pre-Validated Cluster Architectures Featuring NVIDIA DGX B300 and NVIDIA RTX PRO 6000 GPUs
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions today announced that it will provide the latest NVIDIA GPUs in early 2026 across its OriginAI infrastructure solution portfolio.
Penguin Solutions Releases ICE ClusterWare Management Software 13.0 for Optimizing AI Infrastructure
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions today announced the release of ICE ClusterWare software 13.0. This latest version introduces powerful new capabilities for AI & HPC.