Penguin Solutions, Inc. (PENG)
NASDAQ: PENG · Real-Time Price · USD
62.28
-4.49 (-6.72%)
At close: Jun 26, 2026, 4:00 PM EDT
61.55
-0.73 (-1.17%)
After-hours: Jun 26, 2026, 7:59 PM EDT
Penguin Solutions Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Penguin Solutions stock have an average target of 42, with a low estimate of 25 and a high estimate of 66. The average target predicts a decrease of -32.56% from the current stock price of 62.28.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Penguin Solutions stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 3 | 3 | 3 | 2 | 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 | 8 | 8 | 8 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel Nicolaus | Stifel Nicolaus | Buy Maintains $24 → $66 | Buy | Maintains | $24 → $66 | +5.97% | Jun 2, 2026 |
| Rosenblatt Securities | Rosenblatt Securities | Buy Reiterates $54 → $65 | Buy | Reiterates | $54 → $65 | +4.37% | Jun 1, 2026 |
| Barclays | Barclays | Hold Downgrades $23 → $27 | Hold | Downgrades | $23 → $27 | -56.65% | Apr 22, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains $25 | Buy | Maintains | $25 | -59.86% | Apr 14, 2026 |
| Needham | Needham | Buy Reiterates $27 | Buy | Reiterates | $27 | -56.65% | Apr 2, 2026 |
Financial Forecast
Revenue This Year
1.58B
from 1.37B
Increased by 15.57%
Revenue Next Year
1.86B
from 1.58B
Increased by 17.33%
EPS This Year
2.28
from 1.90
Increased by 19.74%
EPS Next Year
2.81
from 2.28
Increased by 23.50%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.6B | 2.0B | |
| Avg | 1.6B | 1.9B | |
| Low | 1.6B | 1.7B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 16.9% | 26.4% | |
| Avg | 15.6% | 17.3% | |
| Low | 14.0% | 8.6% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.30 | 3.25 | |
| Avg | 2.28 | 2.81 | |
| Low | 2.25 | 2.52 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 21.1% | 42.9% | |
| Avg | 19.7% | 23.5% | |
| Low | 18.4% | 10.6% |
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.