Penguin Solutions (NASDAQ:PENG) Releases FY 2026 Earnings Guidance

Posted by George Bondi on Jul 22nd, 2026

Penguin Solutions (NASDAQ:PENG – Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 2.550-2.650 for the period, compared to the consensus estimate of 2.180. The company issued revenue guidance of $1.6 billion-$1.7 billion, compared to the consensus revenue estimate of $1.6 billion.

Penguin Solutions Trading Up 9.1%

NASDAQ PENG opened at $58.10 on Wednesday. Penguin Solutions has a one year low of $16.04 and a one year high of $89.86. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.10 and a current ratio of 1.54. The company has a market capitalization of $2.98 billion, a price-to-earnings ratio of 41.21 and a beta of 2.83. The company’s 50-day simple moving average is $62.43 and its two-hundred day simple moving average is $36.22.

Penguin Solutions (NASDAQ:PENG – Get Free Report) last announced its quarterly earnings results on Tuesday, July 7th. The company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.21. Penguin Solutions had a net margin of 6.44% and a return on equity of 28.23%. The firm had revenue of $478.71 million during the quarter, compared to analysts’ expectations of $407.47 million. During the same quarter in the prior year, the company earned $0.52 EPS. Equities analysts forecast that Penguin Solutions will post 2.08 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Citigroup reissued an “outperform” rating on shares of Penguin Solutions in a research note on Wednesday, July 8th. Stifel Nicolaus raised their price target on shares of Penguin Solutions from $66.00 to $75.00 and gave the company a “buy” rating in a report on Wednesday, July 8th. Citizens Jmp raised their price target on shares of Penguin Solutions from $65.00 to $85.00 and gave the company a “market outperform” rating in a report on Wednesday, July 8th. Wall Street Zen raised shares of Penguin Solutions from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Finally, Zacks Research upgraded shares of Penguin Solutions from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $63.33.

Check Out Our Latest Research Report on PENG

Insider Activity at Penguin Solutions

In related news, SVP Joseph Gates Clark sold 10,351 shares of Penguin Solutions stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $58.87, for a total value of $609,363.37. Following the completion of the sale, the senior vice president directly owned 66,425 shares in the company, valued at $3,910,439.75. This trade represents a 13.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Anne Kuykendall sold 4,000 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $64.38, for a total transaction of $257,520.00. Following the completion of the transaction, the senior vice president directly owned 120,794 shares of the company’s stock, valued at approximately $7,776,717.72. This represents a 3.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 64,836 shares of company stock valued at $3,049,117. Company insiders own 2.90% of the company’s stock.

Hedge Funds Weigh In On Penguin Solutions

Several large investors have recently made changes to their positions in PENG. Kestra Advisory Services LLC purchased a new position in Penguin Solutions during the fourth quarter worth approximately $29,000. Raymond James Financial Inc. purchased a new position in shares of Penguin Solutions during the 2nd quarter valued at approximately $37,000. Advisory Services Network LLC purchased a new position in shares of Penguin Solutions during the 3rd quarter valued at approximately $50,000. Osaic Holdings Inc. grew its stake in Penguin Solutions by 20.8% in the 2nd quarter. Osaic Holdings Inc. now owns 3,583 shares of the company’s stock valued at $71,000 after acquiring an additional 617 shares during the period. Finally, Globeflex Capital L P purchased a new stake in Penguin Solutions in the 2nd quarter worth $105,000.

Penguin Solutions Company Profile

(Get Free Report)

Penguin Solutions, Inc engages in the designing and development of enterprise solutions worldwide. It operates through three segments: Advanced Computing, Integrated Memory, and Optimized LED. It offers dynamic random access memory modules, solid-state and flash storage, and other advanced integrated memory solutions for networking and telecom, data analytics, artificial intelligence and machine learning applications; and supply chain services, including procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging services.

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