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Why is PENG up 3.93%?
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PENG:NASDAQ
Penguin Solutions Inc
$59.34
+3.93%
(+2.25) 1D
Oct 19, 11:08:05 AM GMT-4  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for PENG...
Open
$60.50
High
$61.10
Low
$57.36
Mkt. cap
3.04B
Avg. vol.
3.55M
Volume
963.77K
P/E ratio
23.11
52-wk high
$89.86
52-wk low
$16.04
EPS
$2.57
Beta
2.86
Shares outstanding
51.24M
No. of employees
3K
Open
$60.50
High
$61.10
Low
$57.36
Mkt. cap
3.04B
Avg. vol.
3.55M
Volume
963.77K
P/E ratio
23.11
52-wk high
$89.86
52-wk low
$16.04
EPS
$2.57
Beta
2.86
Shares outstanding
51.24M
No. of employees
3K
News stories
From web sources and news partners
Profile
Penguin Solutions is an American technology company headquartered in Fremont, California. The company was first founded in 1988 as SMART Modular Technologies. The company rebranded to SMART Global Holdings and held an initial public offering in 2017, after spending years as a subsidiary of other companies or as its own private company. In October 2024, the company rebranded as Penguin Solutions. The company specializes in artificial intelligence infrastructure, high-performance computing, and memory solutions. Penguin Solutions is included on the S&P 600. The company operates with manufacturing sites, labs, and offices across the United States, Europe, Asia, and South America. Established as a specialty memory company in 1988, the company has expanded to include accelerated computing solutions, AI factory platform solutions, integrated memory products, fault-tolerant edge computing platforms, cluster management software, and managed services. Penguin Solutions combines its technologies with solutions from industry partners to provide full-stack AI infrastructure platforms for enterprises, sovereign AI initiatives, and cloud service providers. Wikipedia
About Penguin Solutions Inc
CEO-
Employees2.9K
Founded1988
Headquarters-
SectorSemiconductor
Analyst ratings
Based on 6 analysts giving stock ratings to PENG in the past 3 months
Buy
Buy
5
Hold
0
Sell
1
12-month forecast
Based on 6 Wall Street analysts offering 12 month price targets for PENG in the last 3 months.
Highest
Current $59.34
$100.00 (+68.51%)
Average
$85.83 (+44.63%)
Lowest
$60.00 (+1.10%)
Analyst
Recommendation
Action
Price target
Projected
Date
Katherine Murphy
Goldman Sachs
Buy
Maintained
$85.00
+43.2%
10/13/2026
Wamsi Mohan
Bank of America Securities
Buy
Initiated
$100.00
+68.5%
10/09/2026
Sajal Dogra
Rosenblatt Securities
Buy
Maintained
$100.00
+68.5%
10/07/2026
Matthew Calitri
Needham
Buy
Maintained
$85.00
+43.2%
10/07/2026
Brian Chin
Stifel Nicolaus
Buy
Maintained
$85.00
+43.2%
10/07/2026
Thomas O'Malley
Barclays
Sell
Maintained
$60.00
+1.1%
10/07/2026
Nick Doyle
Needham
Buy
Reiterated
$80.00
+34.8%
07/08/2026
Rustam Kanga
Citizens JMP
Buy
Maintained
$85.00
+43.2%
07/08/2026
Kevin Cassidy
Rosenblatt Securities
Buy
Reiterated
$75.00
+26.4%
07/08/2026
Unknown Analyst
Goldman Sachs
Buy
Maintained
$25.00
-57.9%
01/13/2026
Last report
Oct 6, 2026
Fiscal period
Q4 2026
$1.00 / $0.77
+29.53%beat
Revenue / Est. (USD)
566.68M / 520.99M
+8.77%beat
Fiscal Q4 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Revenue
Net income
All values in USD
Nov 2025
Feb 2026
May 2026
Aug 2026
Revenue
343.07M
343.00M
478.71M
566.68M
Cost of goods sold
247.44M
249.30M
345.50M
410.78M
Cost of revenue
247.44M
249.30M
345.50M
410.78M
Research and development expenses
18.69M
18.98M
21.98M
22.02M
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
53.09M
47.99M
59.40M
59.93M
Operating expense
71.78M
66.96M
81.39M
86.44M
Total operating expenses
319.23M
316.26M
426.89M
497.22M
Operating income
23.84M
26.74M
51.83M
69.46M
Other non operating income
-482.00K
-68.00K
673.00K
-33.03M
EBT including unusual items
7.86M
52.95M
53.70M
37.41M
EBT excluding unusual items
22.10M
26.96M
50.77M
37.41M
Income tax expense
1.80M
14.41M
7.52M
-57.60M
Effective tax rate
22.96%
27.21%
13.99%
-153.94%
Other operating expenses
-
-
-
4.49M
Net income
5.27M
37.45M
44.69M
93.20M
Net profit margin
1.54%
10.92%
9.34%
16.45%
Earnings per share
0.49
0.52
0.84
1.00
Interest and investment income
-
-
-
980.00K
Interest expense
-47.00K
-721.00K
-650.00K
-
Net interest expenses
-47.00K
-721.00K
-650.00K
980.00K
Depreciation and amortization charges
-
-
-
-
EBITDA
36.66M
39.49M
64.13M
81.76M
Gain or loss from assets sale
-
-
-
-
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
Insider
Position
Type
Date
Shares
Amount
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