Penguin Solutions, Inc. (NASDAQ:PENG) Receives Average Recommendation of “Moderate Buy” from Brokerages

Posted by Brenda Bartman on Sep 11th, 2026

Penguin Solutions, Inc. (NASDAQ:PENG – Get Free Report) has received an average rating of “Moderate Buy” from the nine research firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $63.3333.

Several research analysts recently commented on the company. Citizens Jmp lifted their price target on Penguin Solutions from $65.00 to $85.00 and gave the stock a “market outperform” rating in a research report on Wednesday, July 8th. Zacks Research downgraded Penguin Solutions from a “strong-buy” rating to a “hold” rating in a research report on Monday. Citigroup reiterated an “outperform” rating on shares of Penguin Solutions in a report on Wednesday, July 8th. Needham & Company LLC boosted their target price on Penguin Solutions from $60.00 to $80.00 and gave the company a “buy” rating in a research report on Wednesday, July 8th. Finally, Wall Street Zen lowered Penguin Solutions from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 26th.

Read Our Latest Stock Report on Penguin Solutions

Insiders Place Their Bets

In other news, SVP Joseph Clark sold 1,327 shares of the firm’s stock in a transaction dated Thursday, July 23rd. The shares were sold at an average price of $57.47, for a total value of $76,262.69. Following the completion of the sale, the senior vice president owned 63,056 shares in the company, valued at approximately $3,623,828.32. This trade represents a 2.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through 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 the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $64.38, for a total transaction of $257,520.00. Following the transaction, the senior vice president owned 120,794 shares in the company, valued at $7,776,717.72. The trade was a 3.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 9,327 shares of company stock worth $536,103 in the last quarter. Company insiders own 2.90% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of PENG. Global Retirement Partners LLC purchased a new stake in shares of Penguin Solutions in the second quarter worth approximately $26,000. Farther Finance Advisors LLC lifted its stake in shares of Penguin Solutions by 187.0% during the 4th quarter. Farther Finance Advisors LLC now owns 1,452 shares of the company’s stock worth $28,000 after acquiring an additional 946 shares during the last quarter. Kestra Advisory Services LLC purchased a new position in Penguin Solutions during the 4th quarter valued at $29,000. Allworth Financial LP purchased a new position in Penguin Solutions during the 2nd quarter valued at $37,000. Finally, Raymond James Financial Inc. bought a new position in Penguin Solutions in the 2nd quarter valued at $37,000.

Penguin Solutions Stock Performance

Shares of NASDAQ:PENG opened at $48.62 on Friday. Penguin Solutions has a 52 week low of $16.04 and a 52 week high of $89.86. The stock has a market capitalization of $2.49 billion, a P/E ratio of 34.48 and a beta of 2.86. The firm has a fifty day simple moving average of $57.45 and a two-hundred day simple moving average of $45.06. The company has a quick ratio of 1.10, a current ratio of 1.54 and a debt-to-equity ratio of 0.65.

Penguin Solutions (NASDAQ:PENG – Get Free Report) last announced its earnings results on Tuesday, July 7th. The company reported $0.84 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $407.47 million. During the same period in the prior year, the company earned $0.52 EPS. On average, analysts expect that Penguin Solutions will post 2.08 earnings per share for the current fiscal year.

About Penguin Solutions

(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.