Penguin Solutions Inc (PENG) Shares Down 2.9% on Apr 6
Shares of Penguin Solutions Inc (PENG) fell 2.90% on April 6th, trading at $20.09, which is 32.58% below its 52-week high. Analysts forecast an average target price of $27.00, implying an upside of 34.40%, with a consensus "Outperform" rating. GuruFocus estimates the fair value (GF Value) at $25.67, suggesting a 27.78% upside for the stock.
Penguin Solutions (PENG) Is Up 27.4% After Raising AI-Driven 2026 Sales and EPS Guidance - Has The Bull Case Changed?
Penguin Solutions (PENG) saw a 27.4% stock increase after raising its 2026 sales and EPS guidance, driven by AI demand in its memory and advanced computing businesses. The company attributes this stronger outlook to five new AI/HPC customer wins and increased adoption of its MemoryAI CXL-based server solutions. While this solidifies the near-term AI infrastructure demand, investors are advised to consider the historical volatility and project-driven nature of its Advanced Computing business.
SG Americas Securities LLC Sells 54,402 Shares of Penguin Solutions, Inc. $PENG
SG Americas Securities LLC reduced its stake in Penguin Solutions by 36.5% in Q4 2025, selling 54,402 shares and retaining 94,771 shares valued at approximately $1.85 million. This divestment occurred as other institutional investors like Vanguard and American Century increased their holdings. The report highlights Penguin Solutions' positive Q2 earnings, raised FY26 guidance, and an average analyst "Moderate Buy" rating with a target price of $27.29, despite some insider selling and a "sell" rating from Weiss Ratings.
Penguin Solutions Pivots Hard Toward AI Memory Growth
Penguin Solutions' Q2 earnings call revealed a strategic shift towards AI inference and memory solutions, despite a 6% year-over-year decline in total net sales to $343 million. The company raised its full-year guidance for net sales growth and EPS, driven by robust performance in its Integrated Memory business, which surged 63% year-over-year. Penguin introduced new AI-focused products, secured new AI customers, and emphasized partnerships to bolster its AI strategy, while managing increased inventory and potential gross margin compression in the second half.
Penguin Solutions raises FY 2026 outlook to 12% net sales growth and $2.15 non-GAAP EPS as memory demand strengthens
Penguin Solutions has increased its financial outlook for fiscal year 2026, driven by strengthening demand in the memory sector. The company now anticipates achieving 12% net sales growth and a non-GAAP diluted EPS of $2.15. This revised forecast suggests a positive market trend for memory products.
Penguin Solutions, Inc. Q2 non-GAAP margin rises to 31.2 percent, lifts full-year outlook
Penguin Solutions, Inc. reported strong second fiscal quarter results, exceeding Wall Street expectations with a non-GAAP gross margin of 31.2 percent, a 40 basis point increase year-over-year. The company also announced its new AI Factory platform strategy and raised its full-year outlook. This performance highlights the momentum driven by enhanced product offerings and operational improvements, alongside strengthening AI capabilities, including a recent partnership with Dell Technologies concerning scalable AI infrastructure for healthcare.
PENG - Penguin Solutions Inc Stock Price and Quote
This page provides comprehensive financial data and news for Penguin Solutions Inc. (PENG), including stock performance, key financial metrics, analyst ratings, and insider trading activity. It highlights the company's focus on advanced computing, integrated memory, and optimized LED solutions, particularly its growing involvement in AI infrastructure.
Penguin Solutions Inc (PENG) Trading 11.02% Higher on Apr 2
Shares of Penguin Solutions Inc (PENG) surged 11.02% on April 2, reaching an intraday high of $21.25 before settling at $20.35. This places the stock 31.71% below its 52-week high and 43.31% above its 52-week low. Wall Street analysts forecast an average target price of $26.88, implying a 32.06% upside, and the stock currently holds an "Outperform" status based on analyst recommendations.
AI server cluster maker Penguin Solutions takes flight
Penguin Solutions, an AI server cluster maker previously known as Smart Global Holdings, saw its stock surge after reporting better-than-expected Q2 revenue and profit and raising full-year guidance. The small-cap company, with a market cap just over $1 billion, specializes in end-to-end AI infrastructure solutions, including advanced computing and memory products. The stock's volatility is noted, with significant call options activity observed on the day of the surge.
US Premarket Movers: Chevron, Globalstar, Penguin Solutions
US stock futures, specifically the S&P 500 Index futures, fell by 1.5% in premarket trading. This decline followed President Donald Trump's comments that dampened optimism for a swift resolution to the conflict in Iran. The article highlights Chevron, Globalstar, and Penguin Solutions as some of the biggest movers before the bell.
Penguin Solutions, Inc. (PENG) Q2 earnings and revenues surpass estimates
Penguin Solutions, Inc. (PENG) reported its Q2 earnings and revenues, successfully surpassing analyst estimates. This positive financial performance indicates strong operational execution during the quarter. The company's ability to exceed expectations suggests a robust period of growth or efficient cost management.
Celestial gain lifts Penguin Solutions (NASDAQ: PENG) earnings despite lower sales
Penguin Solutions (NASDAQ: PENG) reported sharply higher earnings for the quarter ended February 27, 2026, largely due to a $27.5 million gain from the sale of its Celestial AI investment, despite a 6.2% decrease in net sales to $343.0 million. Diluted EPS rose to $0.58 from $0.09 in the prior year, benefiting also from strong Integrated Memory growth and reduced operating expenses, even as Advanced Computing hardware revenue declined. The company maintained a strong financial position with $489.2 million in cash and actively returned capital through share repurchases while refinancing debt.
Penguin Solutions (NASDAQ:PENG) Posts Earnings Results, Beats Estimates By $0.09 EPS
Penguin Solutions (NASDAQ:PENG) reported strong Q2 earnings, beating analyst estimates with an EPS of $0.52 and revenue of $343 million, leading to a raised full-year outlook. The company saw significant growth in its Integrated Memory segment, driven by AI demand, while its Advanced Computing segment declined. Shares rose 3.7%, and analysts generally maintain a "Moderate Buy" rating.
Earnings call transcript: Penguin Solutions Q2 FY2026 sees stock rise 3.69%
Penguin Solutions reported a 6% year-over-year decline in net sales for Q2 FY2026, totaling $343 million, but saw its stock price rise by 3.69% due to positive investor sentiment regarding the company's strategic shift towards AI-driven segments and product innovations. The company emphasized its focus on diversifying its customer base beyond hyperscalers and expanding its AI factory platform, including new memory-centric AI solutions. Despite a lowered outlook for Advanced Computing due to timing and supply chain factors, the Integrated Memory segment showed strong growth fueled by AI demand, leading to a raised full-year outlook for overall net sales and non-GAAP diluted EPS.
Penguin Solutions Stock Takes Off On AI Bolstered Outlook
Penguin Solutions (PENG) saw its stock rise significantly after reporting better-than-expected fiscal second-quarter earnings. The AI computing infrastructure maker also increased the midpoint of its profit guidance, leading to a bolstered outlook. This positive financial performance is attributed to the growing demand for artificial intelligence infrastructure.
Penguin Solutions (PENG) raises 2026 sales and EPS guidance after Q2 earnings
Penguin Solutions (PENG) reported mixed but improving Q2 fiscal 2026 results, with net sales down 6% year-over-year but GAAP diluted EPS rising significantly to $0.58, aided by an equity investment gain. The company raised its full-year 2026 outlook, now targeting 12% net sales growth and higher GAAP and non-GAAP EPS, driven by expanding AI/HPC demand and strong memory segment performance. This improved guidance reflects management's confidence in future growth despite near-term revenue softness in Advanced Computing.
Earnings Flash (PENG) Penguin Solutions, Inc. Reports Q2 Revenue $343.0M, vs. FactSet Est of $339.0M
Penguin Solutions, Inc. (PENG) announced its Q2 revenue reached $343.0 million, surpassing FactSet's estimate of $339.0 million. This report highlights the company's financial performance for the second quarter, indicating stronger-than-expected revenue generation. The announcement was made on April 1, 2026, at 04:08 pm EDT.
Penguin Solutions Completes Strategic Exit from Brazilian Operations
Penguin Solutions has completed its strategic exit from Brazilian operations by selling its remaining 19% stake in Zilia Technologies for $46.08 million to Lexar Europe B.V. This divestiture streamlines Penguin Solutions’ portfolio, allowing it to focus on its core AI platform, memory, and LED solutions, moving away from lower-margin regional memory manufacturing. The company's stock (PENG) currently holds a Neutral score according to Spark, TipRanks’ AI Analyst, due to a mix of improving fundamentals, strong free cash flow, significant leverage, and high P/E.
Penguin Solutions Divests Remaining Interest in Brazil Memory Module Business
Penguin Solutions Inc. (Nasdaq: PENG) announced the sale of its remaining 19% interest in Zilia Technologies, a Brazil-based memory module business, for $46.08 million. This transaction, which closed on March 30, 2026, means the company no longer holds any interest in Zilia Technologies; the buyer previously purchased 81% of the interest in November 2023. Zilia Technologies specializes in assembling and testing standards-based, commodity memory modules for electronics manufacturers targeting Brazilian consumers.
Penguin Solutions (NASDAQ: PENG) exits Brazil memory unit with $46.08M sale
Penguin Solutions (NASDAQ: PENG) has completed the divestiture of its Brazilian memory module business by selling its remaining 19% interest in Zilia Technologies to Lexar Europe B.V. for $46.08 million. This transaction follows an earlier sale of 81% in November 2023, making Zilia Technologies now wholly owned by Lexar Europe B.V. The strategic move aligns with Penguin Solutions' focus on its AI factory platform, shifting away from standards-based memory products for Brazilian consumers.
Rosenblatt Securities Maintains Penguin Solutions(PENG.US) With Buy Rating, Maintains Target Price $30
Rosenblatt Securities has reiterated its Buy rating on Penguin Solutions (PENG.US), maintaining a target price of $30. This suggests the firm continues to see significant upside potential for the company's stock. The report by Rosenblatt indicates a sustained positive outlook for Penguin Solutions.
What To Expect From Penguin Solutions’s (PENG) Q1 Earnings
Penguin Solutions (NASDAQ: PENG), a semiconductor maker, is set to report its Q1 earnings tomorrow after market close. The company had an exceptional last quarter, beating revenue and EPS estimates, with revenues of $343.1 million. However, analysts anticipate a 6.9% year-on-year revenue decline for the upcoming quarter, a contrast to last year's 28.3% increase.
Penguin Solutions Inc (PENG) Stock Price Quote Today & Current Price Chart
The article provides a title for "Penguin Solutions Inc (PENG) Stock Price Quote Today & Current Price Chart," suggesting it offers current stock price information. It also mentions "Online Trading with Smart Investment App" from Capital.com, indicating the platform where such data might be found.
Penguin Solutions Inc (PENG) Stock Price Quote Today & Current Price Chart
This article provides the current stock price quote and chart for Penguin Solutions Inc (PENG), which is trading at 16.65, up 3.22%. It details trading conditions, key statistics, and CFD trading information for investors interested in this financial market. The company is available for CFD trading with specific margin requirements and overnight funding adjustments.
Penguin Solutions Inc expected to post earnings of 42 cents a share - Earnings Preview
Penguin Solutions Inc (PENG) is projected to report earnings of 42 cents per share, according to a Reuters earnings preview. This forecast provides an early look at the company's expected financial performance. The information is sourced from Refinitiv.
Penguin Solutions Is Maintained at Buy by Rosenblatt
Rosenblatt has reaffirmed its Buy rating for Penguin Solutions. The analyst's decision suggests continued confidence in the company's performance and future outlook. This maintenance of the Buy rating indicates potential for the stock to increase in value.
Penguin Solutions (NASDAQ:PENG) Earns Buy Rating from Rosenblatt Securities
Rosenblatt Securities has reaffirmed a "Buy" rating for Penguin Solutions (NASDAQ:PENG) and set a $30.00 price target, suggesting a significant upside. This comes after Penguin Solutions beat quarterly EPS estimates and provided strong FY2026 guidance. The company has received mixed reviews from other analysts, resulting in a consensus "Moderate Buy" rating.
Vanguard amends ownership; Penguin Solutions (PENG) shows 0 shares
The Vanguard Group has filed an amended Schedule 13G/A, disclosing 0 shares beneficially owned and 0% of common stock in Penguin Solutions Inc (PENG). This change is due to an internal realignment effective January 12, 2026, where certain Vanguard subsidiaries/divisions will now report their holdings separately, as per SEC Release No. 34-39538. This means Vanguard itself no longer claims beneficial ownership over these securities, with separate filings expected from the newly disaggregated entities.
Magnachip, Allegro MicroSystems, and Penguin Solutions Shares Are Falling, What You Need To Know
Shares of Magnachip, Allegro MicroSystems, and Penguin Solutions experienced declines following news of Google's new TurboQuant algorithm, which is expected to reduce memory requirements for AI models, raising fears of decreased demand for memory chips. The market reaction also overshadowed recent strong earnings and reports of competitor SK Hynix considering a $14 billion U.S. listing, further contributing to competitive pressure. Allegro MicroSystems, despite its recent volatility, had seen a 2.3% gain just two days prior due to the Trump administration's plan to boost semiconductor supply chains, aiming to secure AI and chipmaking access for the U.S. and its allies.
Magnachip, Allegro MicroSystems, and Penguin Solutions Shares Are Falling, What You Need To Know
Shares of Magnachip, Allegro MicroSystems, and Penguin Solutions fell after Google announced its new TurboQuant algorithm, which is expected to reduce memory requirements for AI, causing a sector-wide sell-off in memory chips. This news overshadowed recent strong earnings and reports of a potential $14 billion U.S. listing by competitor SK Hynix, adding to market headwinds. Despite recent volatility, Allegro MicroSystems has shown overall growth year-to-date and positive movement following news of a new US plan to fund semiconductor supply chains.
Penguin Solutions, Inc. $PENG Shares Bought by Tudor Investment Corp ET AL
Tudor Investment Corp ET AL significantly increased its stake in Penguin Solutions (NASDAQ: PENG) by 32.3% in Q3, now owning 0.60% of the company worth $8.27 million. This comes despite recent insider selling by two SVPs, Joseph Gates Clark and Anne Kuykendall. Penguin Solutions, which has a "Moderate Buy" consensus rating and a $28 price target, recently beat EPS estimates and provided positive FY2026 guidance.
CWA Asset Management Group LLC Cuts Holdings in Penguin Solutions, Inc. $PENG
CWA Asset Management Group LLC significantly reduced its stake in Penguin Solutions, selling almost half of its shares, though other major institutions like Vanguard and Dimensional Fund Advisors increased their holdings. Penguin Solutions beat EPS estimates but slightly missed on revenue for its last quarter, and set its FY2026 EPS guidance. Analysts generally maintain a "Moderate Buy" rating with a consensus price target of $28.00, despite some insider selling and a recent downgrade from one firm.
Penguin Solutions Selected by Deepgram to Enable Deployment of Optimized AI Inference Infrastructure for Enterprise Voice AI
Penguin Solutions has announced a strategic collaboration with Deepgram and Dell Technologies to develop and deploy an optimized AI inference infrastructure for Deepgram’s enterprise voice AI requirements. This infrastructure leverages Dell PowerEdge servers and NVIDIA RTX PRO 6000 Blackwell Server Edition GPUs to ensure high-performance, low-latency voice experiences for mission-critical applications in sectors like healthcare and retail. The partnership aims to address the demanding performance, scalability, and reliability needs of generative AI workloads, enabling Deepgram to deliver complex voice AI capabilities and enhance customer and employee experiences.
PENG SEC Filings - Penguin Solutions Inc 10-K, 10-Q, 8-K Forms
This page provides a comprehensive resource for investors to access Penguin Solutions Inc. (PENG) SEC filings, including annual 10-K reports, quarterly 10-Q reports, and 8-K material event forms. It details recent insider trading activities involving the vesting of performance-based RSUs for executives and the company's recent authorization of a $75 million stock repurchase program. The platform also offers AI-powered summaries to help users understand complex disclosures.
PENG SEC Filings - Penguin Solutions Inc 10-K, 10-Q, 8-K Forms
This page provides a comprehensive resource for Penguin Solutions Inc. (PENG) SEC filings, including 10-K, 10-Q, and 8-K reports, along with insider trading forms. It details recent filings with AI-powered summaries, such as a CEO's tax surrender of shares and an institutional investor's reported stake. The platform aims to help investors understand the company's financial performance, risk factors, and significant corporate events across its Advanced Computing, Integrated Memory, and Optimized LED segments.
PENG Financials: Revenue Breakdown, Margins & Competitor Comparison
This article provides an in-depth financial analysis of Penguin Solutions Inc (PENG), detailing its revenue breakdown, profitability margins, and a comparison with competitors. PENG generates the majority of its revenue from Product sales (71.8%) and exhibits a gross margin of 27.87%, an operating margin of 6.98%, and a net margin of 1.76%. The company, with a market capitalization of $920.85M, is benchmarked against industry leaders like QNC and AEVA.
Penguin Solutions, Inc. connects with industry peers and customers at NVIDIA GTC event
Penguin Solutions, Inc. actively participated in the NVIDIA GTC conference, engaging with industry peers and customers to discuss advancements in AI infrastructure. The company highlighted its commitment to innovation, including recent work with CXL-driven KV cache for AI inference and its collaboration with Dell Technologies in healthcare AI. These efforts underscore Penguin Solutions' focus on collaborative technological progress.
Penguin Solutions Q2 2025 Earnings Preview
This article is an earnings preview for Penguin Solutions' Q2 2025 financial results. It likely discusses expectations for the company's performance during that quarter, potential areas of focus, and analyst predictions.
Penguin Solutions Q2 2025 Earnings Preview
This article provides an earnings preview for Penguin Solutions' Q2 2025 results. It is likely to include analyst expectations, key financial metrics to watch, and historical performance insights.
PENG Stock Price and Chart — NASDAQ:PENG
This page provides a detailed overview of Penguin Solutions, Inc. (PENG) stock, including its current price, historical performance, key financial statistics, and upcoming earnings dates. It also features news, analyst ratings, and technical analysis, offering a comprehensive look for potential investors. The company, founded in 1988, specializes in designing, building, and managing enterprise solutions across Advanced Computing, Integrated Memory, and Optimized LED segments.
Anne Kuykendall sells Penguin Solutions shares worth $70k
Anne Kuykendall, SVP and Chief Legal Officer at Penguin Solutions, sold 4,000 shares of common stock for approximately $70,980. This transaction was executed under a pre-arranged trading plan, while the company has recently announced strategic partnerships, leadership changes, and received a "Market Outperform" rating from Citizens.
Insider Sell: Anne Kuykendall Sells 4,000 Shares of Penguin Solu
Anne Kuykendall, Senior Vice President and Chief Legal Officer at Penguin Solutions Inc (PENG), sold 4,000 shares of the company on March 16, 2026. This transaction brings her total holdings to 131,352 shares. Penguin Solutions Inc has seen eight insider sales and no insider purchases over the past year, with Kuykendall personally selling 8,000 shares during that period.
Penguin Solutions (PENG) SVP sells 4,000 shares under trading plan
Penguin Solutions' Senior Vice President and Chief Legal Officer, Anne Kuykendall, sold 4,000 shares of common stock on March 16, 2026, at a weighted average price of $17.7452 per share. This transaction was conducted under a pre-established Rule 10b5-1 trading plan adopted in November 2025. Following the sale, Kuykendall directly holds 131,352 shares of Penguin Solutions common stock.
Penguin Solutions, Deepgram and Dell Technologies Form Strategic Collaboration to Deploy Optimized AI Inference Infrastructure for Enterprise Voice AI
Penguin Solutions has announced a strategic collaboration with Deepgram and Dell Technologies to deploy a fully optimized AI inference infrastructure for enterprise voice AI. This partnership leverages Penguin's expertise and Dell's PowerEdge servers and PowerScale storage, enhanced with NVIDIA RTX PRO 6000 Blackwell Server Edition GPUs, to support Deepgram's Speech-to-Text, Text-to-Speech, and Voice Agent capabilities. The solution aims to provide high reliability, performance, and low-latency, high-concurrent usage for demanding generative AI applications in real-time environments.
Penguin Solutions, Inc. expands OriginAI lineup with new inference tools to tackle GPU memory bottlenecks
Penguin Solutions, Inc. has expanded its OriginAI portfolio with new inference solutions designed to address GPU memory constraints in enterprise AI deployments. These tools aim to overcome challenges like limited context size, concurrency, and latency, thereby enhancing the performance and scalability of large-scale AI applications. This move builds on the company's previous efforts in CXL-driven KV cache for AI inference and its commitment to fostering innovation.
Penguin Solutions’ OriginAI Factory Platform Delivers Optimized Performance for AI Inference
Penguin Solutions announced the expansion of its OriginAI portfolio to deliver optimized performance for AI inference, addressing the need for more GPU memory to handle complex AI workloads and meet low-latency demands. The updated platform includes solutions that seamlessly add large memory appliances to NVIDIA RTX PRO 6000 and B300 GPU designs, and offers Penguin's CXL-based MemoryAI KV cache server for enhanced scalability and cost-efficiency. These solutions aim to improve GPU utilization, deployment speed, and reliability for enterprise AI in various sectors like financial services, healthcare, and retail.
Penguin Solutions Introduces Industry's First Production-Ready CXL-Based KV Cache Server
Penguin Solutions has launched the MemoryAI KV cache server, the first production-ready CXL-based KV cache server, addressing the "memory wall" challenge in AI inferencing. This innovative server offers up to 11 TB of CXL-based memory, optimizing performance for enterprise-scale AI inference, including agentic AI, resulting in lower latency and higher throughput. It is compatible with NVIDIA Dynamo and provides significant operational benefits such as support for larger context sizes, flexible memory tiering, and improved cost and power efficiency.
Penguin Solutions Introduces Industry's First Production-Ready CXL-Based KV Cache Server
Penguin Solutions has launched MemoryAI KV cache server, the first production-ready CXL-based server designed to overcome the memory wall challenge in AI inferencing. This innovative solution offers up to 11 TB of CXL-based memory, aiming to reduce latency, increase throughput, and improve GPU cluster efficiency for enterprise-scale AI inference, including agentic AI. The server integrates 3 TB of DDR5 main memory and up to eight 1 TB CXL Add-in Cards, enabling larger context sizes, flexible memory tiering, and compatibility with NVIDIA Dynamo.
Penguin Solutions Introduces Industry's First Production-Ready CXL-Based KV Cache Server
Penguin Solutions has launched the industry's first production-ready CXL-based KV cache server, the MemoryAI KV cache server, designed to address the "memory wall" challenge in AI inferencing. This server, with up to 11 TB of CXL-based memory, optimizes performance for enterprise-scale AI inference, leading to lower latency, higher throughput, and increased GPU cluster efficiency. It expands memory capacity to support larger context sizes and concurrency, reduces GPU memory bandwidth limits, and is compatible with NVIDIA Dynamo, offering significant cost and power efficiency.
Is Penguin Solutions (PENG) Recasting Its AI Strategy With AWS Veteran Ian Colle At The Helm?
Penguin Solutions (PENG) recently appointed Ian Colle, an AWS veteran, as senior vice president and chief product officer, a move that could significantly reshape its AI strategy and investment narrative. Colle's extensive background in high-performance computing and AI infrastructure, combined with new CEO Kash Shaikh's expertise, aims to strengthen Penguin's AI Factory Platform and better capture enterprise AI demand. This leadership refresh is expected to influence the company’s ability to achieve its projected revenue and earnings growth despite existing risks like customer concentration and hardware margin pressures.
