Penguin Solutions (PENG) – Research Analysts’ Weekly Ratings Changes

Posted by on Jul 21st, 2026

A number of firms have modified their ratings and price targets on shares of Penguin Solutions (NASDAQ: PENG) recently:

  • 7/20/2026 – Penguin Solutions was downgraded by Barclays PLC from “equal weight” to “underweight”. They now have a $40.00 price target on the stock.
  • 7/18/2026 – Penguin Solutions was upgraded by Wall Street Zen from “buy” to “strong-buy”.
  • 7/9/2026 – Penguin Solutions had its price target raised by Barclays PLC from $27.00 to $40.00. They now have an “equal weight” rating on the stock.
  • 7/8/2026 – Penguin Solutions was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
  • 7/8/2026 – Penguin Solutions had its “outperform” rating reaffirmed by Citigroup Inc..
  • 7/8/2026 – Penguin Solutions had its price target raised by Stifel Nicolaus from $66.00 to $75.00. They now have a “buy” rating on the stock.
  • 7/8/2026 – Penguin Solutions had its price target raised by Citizens Jmp from $65.00 to $85.00. They now have a “market outperform” rating on the stock.
  • 7/8/2026 – Penguin Solutions had its price target raised by Needham & Company LLC from $60.00 to $80.00. They now have a “buy” rating on the stock.
  • 7/6/2026 – Penguin Solutions had its price target raised by Rosenblatt Securities from $65.00 to $75.00. They now have a “buy” rating on the stock.
  • 6/30/2026 – Penguin Solutions was upgraded by Zacks Research from “hold” to “strong-buy”.
  • 6/2/2026 – Penguin Solutions had its price target raised by Stifel Nicolaus from $24.00 to $66.00. They now have a “buy” rating on the stock.
  • 6/2/2026 – Penguin Solutions had its price target raised by Rosenblatt Securities from $54.00 to $65.00. They now have a “buy” rating on the stock.
  • 6/1/2026 – Penguin Solutions was downgraded by Zacks Research from “strong-buy” to “hold”.

Insider Transactions at Penguin Solutions

In related news, SVP Anne Kuykendall sold 4,000 shares of the company’s stock in a transaction that occurred 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 sale, 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. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 value of $609,363.37. Following the transaction, the senior vice president 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 65,574 shares of company stock valued at $3,069,722 over the last 90 days. Insiders own 2.90% of the company’s stock.

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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