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

Posted by Brian Himes on Jun 1st, 2026

Penguin Solutions (NASDAQ:PENG – Get Free Report) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided EPS guidance of 2.300-2.300 for the period, compared to the consensus EPS estimate of 2.080. The company issued revenue guidance of $1.6 billion-$1.6 billion, compared to the consensus revenue estimate of $1.5 billion.

Penguin Solutions Trading Up 6.9%

Shares of Penguin Solutions stock traded up $3.88 during mid-day trading on Monday, hitting $59.71. The stock had a trading volume of 3,070,753 shares, compared to its average volume of 1,872,700. The firm has a 50-day moving average of $32.37 and a two-hundred day moving average of $24.09. Penguin Solutions has a 12-month low of $16.04 and a 12-month high of $61.25. The company has a quick ratio of 1.55, a current ratio of 2.10 and a debt-to-equity ratio of 1.09. The firm has a market cap of $3.03 billion, a P/E ratio of 82.93 and a beta of 2.88.

Penguin Solutions (NASDAQ:PENG – Get Free Report) last posted its quarterly earnings results on Wednesday, April 1st. The company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.09. Penguin Solutions had a net margin of 4.07% and a return on equity of 19.94%. The business had revenue of $343.00 million during the quarter, compared to analysts’ expectations of $339.00 million. Sell-side analysts forecast that Penguin Solutions will post 1.66 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Weiss Ratings downgraded Penguin Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 13th. Wall Street Zen raised Penguin Solutions from a “hold” rating to a “buy” rating in a research report on Sunday, May 17th. Stifel Nicolaus cut their price objective on Penguin Solutions from $27.00 to $24.00 and set a “buy” rating for the company in a research report on Thursday, April 2nd. Zacks Research raised Penguin Solutions from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 7th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $30.00 price objective on shares of Penguin Solutions in a research report on Monday, March 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $27.25.

View Our Latest Stock Report on Penguin Solutions

Insider Transactions at Penguin Solutions

In other news, SVP Anne Kuykendall sold 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $54.45, for a total transaction of $217,800.00. Following the completion of the sale, the senior vice president owned 124,794 shares in the company, valued at $6,795,033.30. This represents a 3.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Maximiliane C. Straub sold 3,000 shares of the stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $49.00, for a total transaction of $147,000.00. Following the transaction, the director directly owned 51,975 shares of the company’s stock, valued at $2,546,775. This represents a 5.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 72,769 shares of company stock worth $2,690,851 in the last three months. Corporate insiders own 2.90% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Osaic Holdings Inc. increased its holdings in Penguin Solutions by 20.8% in the second quarter. Osaic Holdings Inc. now owns 3,583 shares of the company’s stock valued at $71,000 after buying an additional 617 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in Penguin Solutions in the fourth quarter valued at about $29,000. Swiss National Bank increased its holdings in Penguin Solutions by 1.8% in the fourth quarter. Swiss National Bank now owns 98,200 shares of the company’s stock valued at $1,921,000 after buying an additional 1,700 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Penguin Solutions in the second quarter valued at about $37,000. Finally, Advisory Services Network LLC purchased a new position in Penguin Solutions in the third quarter valued at about $50,000.

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.