Penguin Solutions, Inc. (PENG)
NASDAQ: PENG · Real-Time Price · USD
28.12
-0.93 (-3.20%)
At close: Apr 28, 2026, 4:00 PM EDT
28.22
+0.10 (0.36%)
After-hours: Apr 28, 2026, 7:54 PM EDT

Penguin Solutions Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for Penguin Solutions stock have an average target of 27.78, with a low estimate of 24 and a high estimate of 35. The average target predicts a decrease of -1.21% from the current stock price of 28.12.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $24 $27.78 $27 $35
Change -14.65% -1.21% -3.98% +24.47%

Analyst Ratings

The average analyst rating for Penguin Solutions stock from 9 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Nov '25Dec '25Jan '26Feb '26Mar '26Apr '26
Strong Buy 556666
Buy 221111
Hold 111112
Sell 000000
Strong Sell 000000
Total 888889

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Hold
Downgrades
$23$27
Hold Downgrades $23$27 -3.98% Apr 22, 2026
Stifel
Stifel
Strong Buy
Maintains
$27$24
Strong Buy Maintains $27$24 -14.65% Apr 2, 2026
Rosenblatt
Rosenblatt
Strong Buy
Maintains
$30$32
Strong Buy Maintains $30$32 +13.80% Apr 2, 2026
Needham
Needham
Strong Buy
Maintains
$25$27
Strong Buy Maintains $25$27 -3.98% Apr 2, 2026
Rosenblatt
Rosenblatt
Strong Buy
Maintains
$30
Strong Buy Maintains $30 +6.69% Mar 30, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.57B
from 1.37B
Increased by 14.55%
Revenue Next Year
1.82B
from 1.57B
Increased by 16.14%
EPS This Year
2.21
from 0.28
Increased by 689.50%
EPS Next Year
2.54
from 2.21
Increased by 14.78%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Aug 27, 2021 Aug 26, 2022 Aug 25, 2023 Aug 30, 2024 Aug 29, 2025 Aug 29, 2026 Aug 29, 2027
Revenue
1.06B1.40B1.44B1.17B1.37B1.57B1.82B
Revenue Growth
-5.96%32.24%3.25%-18.77%16.91%14.55%16.14%
EPS
0.441.22-3.66-1.010.282.212.54
EPS Growth
-179.23%---689.50%14.78%
Forward PE
-----12.7211.08
No. Analysts -----1010
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202620272028
High 1.6B 1.9B
Avg 1.6B 1.8B
Low 1.5B 1.7B

Revenue Growth

Revenue Growth 202620272028
High
18.9%
24.3%
Avg
14.6%
16.1%
Low
9.6%
7.4%

EPS Forecast

EPS 202620272028
High 2.36 2.76
Avg 2.21 2.54
Low 2.01 2.25

EPS Growth

EPS Growth 202620272028
High
743.8%
24.9%
Avg
689.5%
14.8%
Low
617.5%
2.0%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.