PENG's Backlog Keeps Growing: Is Revenue Visibility Improving?
Penguin Solutions' growing AI-driven backlog, predictable bookings-to-revenue cycle and stronger pipeline are improving revenue visibility into fiscal 2027.
PENG - Penguin Solutions, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$65.00
DETAILS
HIGH:
$80.00
LOW:
$40.00
MEDIAN:
$75.00
CONSENSUS:
$65.00
UPSIDE:
31.29%
Stock News
Cree LED and Nanolumens Enter Settlement and Limited License Agreement
DURHAM, N.C.--(BUSINESS WIRE)---- $PENG #CreeLED--Cree LED and Nanolumens announced they entered into a mutually beneficial patent cross-license agreement that resolves a patent infringement dispute.
Barrow Hanley Mewhinney & Strauss LLC Takes $150.19 Million Position in Penguin Solutions, Inc. $PENG
Barrow Hanley Mewhinney and Strauss LLC bought a new stake in shares of Penguin Solutions, Inc. (NASDAQ: PENG) in the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,975,948 shares of the company's stock, valued at approximately $150,192,000. Barrow Hanley Mewhinney and
Penguin Solutions Inc (PENG) Shares Fall 3.4% -- What GF Score of 68 Tells Investors
On August 20, 2026, Penguin Solutions Inc (PENG) shares fell 3.4% to a current price of $51.14. The stock has experienced notable volatility, hitting a 52-week
PENG vs. APLD: Which AI Infrastructure Stock Has Better Potential?
Penguin Solutions leads Applied Digital in growth, AI-driven sales momentum, stock performance and valuation, making it the stronger AI infrastructure pick.
Penguin Solutions to Present at Goldman Sachs Communacopia + Technology Conference
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced that CEO Kash Shaikh will present at the Goldman Sachs Communacopia + Technology Conference 2026 in San Francisco, Calif.
Penguin Solutions' Partner Network Broadens: Is More Growth Ahead?
PENG is expanding its AI partner network as Dell and NVIDIA ties drive customer growth and support full-stack AI Factory deployments.
Penguin Solutions Highlights AI Factory Platform, MemoryAI for Inference Growth
Penguin Solutions NASDAQ: PENG is positioning its business around a full-stack “AI factory” platform that combines infrastructure, memory technology, software and managed services, Senior Vice President of Global Marketing Mark Adams said during Rosenblatt Securities' Sixth Annual Age of AI Scaling Tech Conference.
Penguin Solutions: A Real AI Inflection Point, With One Big Catch
Penguin Solutions has reached an operational inflection point, with record revenues and triple-digit growth in AI accelerator memory and infrastructure lines. PENG's adjusted operating margin improved to 13.4%, but gross margins declined and free cash flow remains significantly negative due to heavy working capital absorption. Competition is intense, with larger rivals like Super Micro, Dell, and HPE, while PENG's product-heavy mix and customer concentration pose ongoing risks.
California State Teachers Retirement System Purchases 25,763 Shares of Penguin Solutions, Inc. $PENG
California State Teachers Retirement System boosted its position in Penguin Solutions, Inc. (NASDAQ: PENG) by 52.8% during the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,580 shares of the company's stock after purchasing an additional 25,763 shares during the quarter.
Penguin Solutions to Participate in Rosenblatt's 6th Annual Technology Summit
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced SVP Mark Seamans will participate in a virtual fireside chat at Rosenblatt's 6th Technology Summit, Aug 17 at 12:00 pm PT.
Penguin Stock Slides 15% in a Month: Should You Buy the Dip?
PENG stock's decline reflects margin concerns, yet its AI Factory Platform, partnerships and improving outlook support future growth.
Penguin Solutions: Record Q3 2026 Growth Supports A Higher Price Target
I am reiterating Penguin Solutions (PENG) as a Strong Buy rating with an revised price target of $119 post Q3 2026 results. PENG delivered record Q3 revenue of $479M (+48% y/y), non-GAAP operating income up 67%, and EPS up 79% to $0.84. The stock trades at 16.71x FWD non-GAAP earnings and 10.63x FWD EV/EBITDA, both below their sector medians despite faster revenue, EBITDA and EPS growth.
This NVIDIA Partner Is Already Up 123% in 2026, but Agentic AI Could Drive Its Next Growth Wave
Penguin Solutions CEO Kash Shaikh appeared on CNBC on July 29 with his thesis for the current AI cycle: “Memory is the new compute, especially with agentic AI.
Penguin's ClusterWareAI Expands: Is the Platform Strategy Paying Off?
PENG's ClusterWareAI is driving software and services growth as customers expand AI deployments across its full-stack platform.
PENG vs. DDOG: Which AI Infrastructure Stock Is the Better Buy Now?
Penguin's faster growth, AI infrastructure momentum and steep valuation discount make it the stronger buy over Datadog.
Penguin Solutions Announces Closing of Oversubscribed Convertible Notes Offering
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced it has closed its private offering of $750.0 million aggregate principal amount of 0.00% convertible senior notes due 2031.
3 Momentum Anomaly Picks as Markets Embrace War-Induced Volatility
MU, PENG and BE pair massive one-year gains with sharp weekly pullbacks, fitting a momentum anomaly screen.
Can Penguin Solutions Be the Next 10X Stock?
Integrated memory products now make up more than half of Penguin Solutions' total revenue. The company's rising sales are fueled by significant multiyear trends such as agentic AI and the pivot toward inference accounting for a greater share of AI workloads.
Penguin Solutions Announces Pricing of Private Offering of $650.0 Million of 0.00% Convertible Notes and Refinancing to Enhance Capital Structure
Penguin Solutions, Inc., the AI Factory Platform Company (âPenguin,â âweâ or the âCompanyâ) (Nasdaq: PENG), today announced the pricing of $650.0 m
Price Targets
Penguin Solutions price target raised to $40 from $27 at Barclays
$40.00
(was $86.36)
Tom O'Malley
·
Barclays
Penguin Solutions price target raised to $80 from $60 at Needham
$80.00
(was $75.04)
Needham
Penguin Solutions (PENG) PT Raised to $75 at Stifel
$75.00
(was $62.71)
Brian Chin
·
Stifel Nicolaus
Penguin Solutions price target raised to $66 from $24 at Stifel
$66.00
(was $59.71)
Stifel Nicolaus
Penguin Solutions assumed with a Buy at Goldman Sachs
$25.00
(was $19.39)
Goldman Sachs
Penguin Solutions price target raised to $31 from $27 at Stifel
$31.00
(was $27.75)
Brian Chin
·
Stifel Nicolaus
Penguin Solutions price target raised to $35 from $30 at Loop Capital
$35.00
(was $24.16)
Ananda Baruah
·
Loop Capital Markets
Penguin Solutions price target raised to $23 from $22 at Barclays
$23.00
(was $19.84)
Tom O'Malley
·
Barclays
JMP Securities Starts Penguin Solutions (PENG) at Market Outperform
$23.00
(was $16.78)
Rustam Kanga
·
JMP Securities
Goldman Sachs Starts Penguin Solutions (PENG) at Buy
$21.00
(was $15.97)
Michael Ng
·
Goldman Sachs
Penguin Solutions price target lowered to $22 from $27 at Barclays
$22.00
(was $15.68)
Tom O'Malley
·
Barclays
Penguin Solutions price target lowered to $27 from $32 at Stifel
$27.00
(was $20.41)
Brian Chin
·
Stifel Nicolaus
Penguin Solutions (PENG) PT Lowered to $27 at Rosenblatt
$27.00
(was $20.41)
Kevin Cassidy
·
Rosenblatt Securities
Penguin Solutions (PENG) PT Lowered to $25 at Needham
$25.00
(was $20.41)
Nick Doyle
·
Needham