Penguin Solutions, Inc. (NASDAQ:PENG) Receives $63.33 Average PT from Brokerages

Posted by on Aug 17th, 2026

Penguin Solutions, Inc. (NASDAQ:PENG – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the nine brokerages that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, one has given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $63.3333.

PENG has been the subject of a number of recent analyst reports. Rosenblatt Securities lifted their price target on shares of Penguin Solutions from $65.00 to $75.00 and gave the company a “buy” rating in a research report on Monday, July 6th. Barclays downgraded shares of Penguin Solutions from an “equal weight” rating to an “underweight” rating and set a $40.00 price target on the stock. in a research note on Monday, July 20th. Wall Street Zen lowered shares of Penguin Solutions from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 26th. Citizens Jmp increased their price objective on shares of Penguin Solutions from $65.00 to $85.00 and gave the stock a “market outperform” rating in a research report on Wednesday, July 8th. Finally, Stifel Nicolaus boosted their target price on Penguin Solutions from $66.00 to $75.00 and gave the company a “buy” rating in a research report on Wednesday, July 8th.

Get Our Latest Analysis on Penguin Solutions

Insider Buying and Selling at Penguin Solutions

In other news, SVP Joseph Gates Clark sold 10,351 shares of the firm’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $58.87, for a total transaction of $609,363.37. Following the completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Anne Kuykendall sold 4,000 shares of Penguin Solutions stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $54.45, for a total value of $217,800.00. Following the completion of the sale, the senior vice president directly owned 124,794 shares of the company’s stock, valued at $6,795,033.30. The trade was a 3.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 19,678 shares of company stock valued at $1,160,946. Company insiders own 2.90% of the company’s stock.

Hedge Funds Weigh In On Penguin Solutions

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Global Retirement Partners LLC purchased a new stake in Penguin Solutions during the second quarter worth about $26,000. Farther Finance Advisors LLC boosted its stake in shares of Penguin Solutions by 187.0% in the fourth quarter. Farther Finance Advisors LLC now owns 1,452 shares of the company’s stock valued at $28,000 after purchasing an additional 946 shares during the period. Kestra Advisory Services LLC purchased a new position in shares of Penguin Solutions in the fourth quarter valued at approximately $29,000. Allworth Financial LP acquired a new position in shares of Penguin Solutions in the second quarter valued at approximately $37,000. Finally, Raymond James Financial Inc. acquired a new position in shares of Penguin Solutions in the second quarter valued at approximately $37,000.

Penguin Solutions Stock Performance

NASDAQ PENG opened at $63.80 on Monday. The stock has a market cap of $3.27 billion, a PE ratio of 45.25 and a beta of 2.87. The company has a current ratio of 1.54, a quick ratio of 1.10 and a debt-to-equity ratio of 0.65. Penguin Solutions has a twelve month low of $16.04 and a twelve month high of $89.86. The stock has a fifty day simple moving average of $62.53 and a 200-day simple moving average of $40.70.

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

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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Analyst Recommendations for Penguin Solutions (NASDAQ:PENG)

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