Companies /Technology

Penguin Solutions, Inc.

NASDAQ: PENG Information Technology Services
$72.61
▲ $8.40 (+13.08%) today
Markets closed · 4:35pm ET

PENG at a Glance

Valuation
Market cap
$3.3B
P/E ratio
45.9
Profitability
Revenue (TTM)
$1.5B
Profit margin
6.5%
EPS (TTM)
$1.40
Price
52-week range
$16 – $90
Street target
$74.29
Earnings
Next report
Jan 4, 2027

Headquartered in Fremont, CA Fiscal year ends August NASDAQ: PENG penguinsolutions.com

About Penguin Solutions

Penguin Solutions, Inc. (Nasdaq: PENG) is a provider of memory and AI infrastructure solutions, powering AI factories for enterprises, sovereign AI initiatives, and neocloud providers. The company operates through three segments: Integrated Memory, which provides advanced memory products and has seen rapid growth from AI-driven demand; Advanced Computing, which delivers AI infrastructure including compute systems and end-to-end services; and Optimized LED, which offers LED solutions. Built on decades of engineering expertise at the intersection of memory and AI/HPC infrastructure, Penguin Solutions combines differentiated infrastructure software (including its ClusterWareAI operating system), advanced memory technologies, compute systems, end-to-end services, and industry-leading partner solutions into a full-stack AI factory platform. The company partners with major technology vendors including NVIDIA and Dell Technologies, and serves customers deploying AI workloads across inference, agentic AI, and high-performance computing environments. Penguin Solutions completed a redomiciliation from the Cayman Islands to Delaware in June 2025 and operates globally through a network of R&D, manufacturing, and sales locations. Updated

Latest Activity

PENGPenguin Solutions, Inc.
Reports Tue Oct 6After close4:05 PM ETConfirmed

Penguin Solutions reports at 4:05 PM ET with seven straight EPS beats on the line, the last one landing 44.9% above estimates. Consensus sits at $0.772 EPS on $520.99 million in revenue, and AI server demand is the swing factor.

    Earnings on deck — Oct 5–9
    25 companies12 before open13 after close

    Next week's 25 reports arrive before the big banks do, with Tuesday the heaviest: Lamb Weston before the open, then Constellation Brands after the close for a read on beer and spirits demand. Levi Strauss and Applied Digital follow Wednesday, pairing the apparel consumer with data center buildout spending.

    • APOGApogee Enterprises, Inc.Tue Oct 6Before open
    • RPMRPM International Inc.Tue Oct 6Before open
    • LWLamb Weston Holdings, Inc.Tue Oct 6Before open
    • PENGPenguin Solutions, Inc.Tue Oct 6After close
    • STZConstellation Brands, Inc.Tue Oct 6After close
    • NEOGNeogen CorporationTue Oct 6After close
    • WSWorthington Steel, Inc.Tue Oct 6After close
    • SARSaratoga Investment CorpTue Oct 6After close
    • AXILAXIL Brands, Inc. Tue Oct 6After close
    • APLDApplied Digital CorporationWed Oct 7After close
    • LEVILevi Strauss & Co.Wed Oct 7After close
    • RELLRichardson Electronics, Ltd.Wed Oct 7After close
    • RGPResources Connection, Inc. Wed Oct 7After close
    • T.FTGFIRAN TEC GP-TSWed Oct 7After close
    • LFSLEIFRAS Co., Ltd.Wed Oct 7After close

    PENG Coverage

    Frequently Asked Questions

    What does Penguin Solutions do?

    Penguin Solutions, Inc. (Nasdaq: PENG) is a provider of memory and AI infrastructure solutions, powering AI factories for enterprises, sovereign AI initiatives, and neocloud providers.

    What is the PENG stock price target?

    The Wall Street consensus 12-month price target for PENG is $74.29.