Penguin Solutions, Inc. - Common Stock (PENG)
27.46
+0.39 (1.44%)
NASDAQ · Last Trade: Oct 2nd, 5:44 PM EDT
Detailed Quote
Previous Close | 27.07 |
---|---|
Open | 27.58 |
Bid | 27.40 |
Ask | 27.77 |
Day's Range | 27.12 - 27.80 |
52 Week Range | 14.20 - 28.20 |
Volume | 830,041 |
Market Cap | 678.05M |
PE Ratio (TTM) | -94.69 |
EPS (TTM) | -0.3 |
Dividend & Yield | N/A (N/A) |
1 Month Average Volume | 998,969 |
Chart
About Penguin Solutions, Inc. - Common Stock (PENG)
Penguin Solutions, Inc. is a technology company specializing in advanced artificial intelligence and machine learning solutions, providing businesses with innovative tools to enhance their data analysis, optimization, and operational capabilities. The company focuses on creating scalable software and hardware platforms that facilitate the development and deployment of AI-driven applications, allowing organizations to harness the power of big data and improve decision-making processes. Through a combination of cutting-edge technologies and expert insights, Penguin Solutions aims to empower its clients to achieve greater efficiency and drive digital transformation across various industries. Read More
News & Press Releases
The global semiconductor industry is experiencing an unprecedented boom, driven by the escalating demands of artificial intelligence (AI) and high-performance computing (HPC). This "AI supercycle" is reshaping investment landscapes, with financial analysts closely scrutinizing companies poised to capitalize on this transformative wave. A recent "Buy" rating for Penguin Solutions (NASDAQ: PENG), a key player in [...]
Via TokenRing AI · October 1, 2025
Shares of semiconductor maker Penguin Solutions (NASDAQ:PENG) jumped 2.3% in the afternoon session after an analyst at Rosenblatt reiterated a "Buy" rating and significantly raised the price target on the stock. Rosenblatt analyst Kevin Cassidy increased the price target on Penguin Solutions to $36 from $27, representing a 33.33% jump in expected value. The firm anticipates the company will surpass consensus estimates and its own fiscal 2025 guidance. This optimism is reportedly driven by stronger-than-expected memory demand and pricing. Cassidy noted that Penguin Solutions, which is scheduled to report its fiscal fourth-quarter results on October 7, is likely to deliver a "modest beat" on expectations due to these favorable market conditions.
Via StockStory · October 1, 2025
As of October 1, 2025, the global semiconductor industry finds itself in an unprecedented growth phase, largely propelled by the relentless ascent of Artificial Intelligence. This "AI supercycle" is not merely driving demand for more chips but is fundamentally transforming the entire ecosystem, from design to manufacturing. Leading the charge are giants like Taiwan Semiconductor [...]
Via TokenRing AI · October 1, 2025
Penguin Solutions expected to beat estimates in Q4 due to strong memory demand, according to Rosenblatt analyst. Price target raised.
Via Benzinga · October 1, 2025
Gainers Datavault AI (NASDAQ: DVLT) shares rose 19.3% to $1.3 during Monday's pre-market session. The market value of their outstanding shares is at $187.3 million.
Via Benzinga · September 29, 2025
U.S. stock futures were higher this morning, with the Dow futures gaining more than 100 points on Monday. Shares of Inventiva ADR (NASDAQ: IVA) fell sharply in today's pre-market trading following H1 results.
Via Benzinga · September 29, 2025
Shares of Merus NV (NASDAQ: MRUS) rose sharply in today's pre-market trading. Genmab announced plans to acquire Merus for $8 billion in all-cash deal adding breakthrough therapy Petosemtamab to its late-stage pipeline.
Via Benzinga · September 29, 2025
Wall Street has issued downbeat forecasts for the stocks in this article.
These predictions are rare - financial institutions typically hesitate to say bad things about a company because it can jeopardize their other revenue-generating business lines like M&A advisory.
Via StockStory · September 26, 2025
Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and ADJ Products, LLC (ADJ) today announced that they have reached a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED’s patents related to LED components commonly used in LED displays. As part of the settlement, Cree LED granted ADJ a limited license to certain Cree LED patents covering LED components.
By Penguin Solutions, Inc. · Via Business Wire · September 24, 2025
Penguin Solutions, Inc. ("Penguin Solutions") (NASDAQ: PENG), a leading designer and developer of high-performance, high-availability enterprise solutions, today announced that the company will host its quarterly financial webcast and conference call for its fourth quarter and full year fiscal year 2025 earnings after market close on Tuesday, October 7, 2025, beginning at 1:30 p.m. Pacific Time (PT) / 4:30 p.m. Eastern Time (ET). Financial results will be issued in a press release prior to the conference call.
By Penguin Solutions, Inc. · Via Business Wire · September 16, 2025
Value investing has created more billionaires than any other strategy, like Warren Buffett, who built his fortune by purchasing wonderful businesses at reasonable prices.
But these hidden gems are few and far between - many stocks that appear cheap often stay that way because they face structural issues.
Via StockStory · September 12, 2025
A number of stocks jumped in the afternoon session after software giant Oracle (ORCL) boosted its outlook, citing booming demand for its cloud services from artificial intelligence firms.
Via StockStory · September 10, 2025
Penguin Solutions, Inc. (Penguin Solutions; Nasdaq: PENG) (“Penguin Solutions” or the “Company”) today announced the grant of inducement equity awards to its new Senior Vice President and Chief Revenue Officer, Tony Frey, in connection with the commencement of his employment with the Company on August 25, 2025. The independent Compensation Committee of the Board of Directors of the Company (the “Committee”) approved the grant to Mr. Frey, on August 25, 2025, of time-based restricted stock units with respect to 51,858 shares of Common Stock of the Company (the “RSUs”) and performance-based restricted stock units with respect to 51,858 shares of Common Stock of the Company at the target level (the “PSUs”).
By Penguin Solutions, Inc. · Via Business Wire · August 27, 2025
Stocks trading between $10 and $50 can be particularly interesting as they frequently represent businesses that have survived their early challenges.
However, investors should remain vigilant as some may still have unproven business models, leaving them vulnerable to the ebbs and flows of the broader market.
Via StockStory · August 19, 2025
Via Benzinga · August 13, 2025
Shares of semiconductor maker Penguin Solutions (NASDAQ:PENG) jumped 3.6% in the afternoon session after analysts at Rosenblatt Securities reaffirmed their "buy" rating on the stock. The investment firm maintained its positive outlook on Monday, setting a price objective of $27.00 on the stock, which points to a potential upside of over 16%. This bullish sentiment was echoed by Zacks Investment Research, which holds a "1-Strong Buy" rating on the company. The positive analyst actions follow a broader trend of increasing optimism. The average 12-month price target among nine analysts recently rose to $26.89, a 7.3% increase from the previous average. Adding to the positive news, Penguin also announced a strategic agreement with CDW to offer its AI infrastructure portfolio to a wider customer base.
Via StockStory · August 12, 2025
Via Benzinga · August 11, 2025
Small-cap stocks in the Russell 2000 (^RUT) can be a goldmine for investors looking beyond the usual large-cap names.
But with less stability and fewer resources than their bigger counterparts, these companies face steeper challenges in scaling their businesses.
Via StockStory · August 11, 2025
Penguin Solutions, Inc. (Penguin Solutions; Nasdaq: PENG) (“Penguin Solutions” or the “Company”) today announced the grant of an inducement equity award to its new Senior Vice President of Strategy and Corporate Development, Ted Gillick, in connection with the commencement of his employment with the Company on August 4, 2025. The independent Compensation Committee of the Board of Directors of the Company approved the grant to Mr. Gillick, on August 4, 2025, of time-based restricted stock units with respect to 70,275 shares of Common Stock of the Company (the “RSUs”).
By Penguin Solutions, Inc. · Via Business Wire · August 7, 2025
A number of stocks fell in the morning session after the U.S. jobs report for July came in significantly weaker than expected while new widespread import tariffs were announced, sparking fears of a potential economic slowdown.
Via StockStory · August 1, 2025
The stocks featured in this article are seeing some big returns.
Over the past month, they’ve outpaced the market due to new product launches, positive news, or even a dedicated social media following.
Via StockStory · July 30, 2025
Penguin Solutions, Inc. (Penguin Solutions; Nasdaq: PENG) (the “Company”) today announced the appointment of two new leaders: SVP and Chief Revenue Officer Tony Frey and SVP of Strategy and Corporate Development Ted Gillick. These additions are part of an updated organizational structure that is intended to accelerate growth, support product innovation, and further enable go-to-market strategies in systems, software, services, and end-to-end advanced computing solutions.
By Penguin Solutions, Inc. · Via Business Wire · July 29, 2025
Shares of semiconductor maker Penguin Solutions (NASDAQ:PENG) jumped 3% in the pre-market session after a top-rated analyst reiterated a “Strong Buy” rating and raised their price target on the stock, citing optimism around the company's role in the artificial intelligence (AI) market. Loop Capital's Ananda Baruah increased his price target to a “Street-high $35,” which fueled investor confidence.
Via StockStory · July 28, 2025
Market swings can be tough to stomach, and volatile stocks often experience exaggerated moves in both directions.
While many thrive during risk-on environments, many also struggle to maintain investor confidence when the ride gets bumpy.
Via StockStory · July 25, 2025