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Penguin Solutions Inc. (PENG)

$48.24

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Key data on PENG

Market cap

$2.47B

EPS

1.4

P/E ratio

33.6

Price to sales

1.62

Dividend yield

0.131%

Beta

2.853687

Price on PENG

Previous close

$47.50

Today's open

$49.19

Day's range

$47.10 - $49.69

52 week range

$16.04 - $89.86

Profile about PENG

CEO

Mark Adams

Employees

2900

Headquarters

Fremont, CA

Exchange

Nasdaq Global Select

Shares outstanding

51242699

Issue type

Common Stock

PENG industries and sectors

Technology

Software & IT Services

News on PENG

Penguin Solutions Sets Conference Call for Fourth Quarter and Fiscal 2026 Results

FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions will host a conference call on Tues, Oct 6 at 1:30 p.m. PDT/4:30 p.m. EDT to discuss its financial results for Q4 and full FY2026.

news source

Business Wire • Sep 15, 2026

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Penguin Edge Wind-Down Pressures Revenue: Can AI Drive PENG's Growth?

Penguin Solutions faces a 14-point fiscal 2026 growth drag from Edge and hyperscale exits, but surging AI memory sales could power its next growth phase.

news source

Zacks Investment Research • Sep 15, 2026

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Penguin Solutions, Inc. (PENG) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript

Penguin Solutions, Inc. (PENG) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript

news source

Seeking Alpha • Sep 11, 2026

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Penguin Solutions Tackles AI Data Center Power Challenge

Penguin Solutions looks to combat the AI power challenge with customer Lektra by using distributed, mini data centers.

news source

Investors Business Daily • Sep 9, 2026

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Penguin Solutions Full-Stack AI Factory Platform Enables Lektra's Distributed AI Data Centers

FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions today announced it was selected by Lektra to deploy and optimize their AI micro data centers providing design, compute and services.

news source

Business Wire • Sep 9, 2026

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Can PENG Turn Integrated Memory Growth Into an Edge Over Competitors?

Penguin Solutions' Integrated Memory surge, CXL offerings and MemoryAI performance gains are sharpening its competitive position in AI infrastructure.

news source

Zacks Investment Research • Sep 3, 2026

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Penguin Stock Jumps 143% YTD: Is There More Room for Growth?

PENG's 143% YTD surge is backed by accelerating AI infrastructure demand, a growing backlog and a valuation below its industry average.

news source

Zacks Investment Research • Sep 2, 2026

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Penguin Solutions to Showcase AI Infrastructure and Memory Solutions at AI Infra Summit 2026

FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced its participation at AI Infra Summit 2026 on Sept 15-17 in Santa Clara. Penguin will display product demos at booth #520.

news source

Business Wire • Sep 2, 2026

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Penguin Solutions: Strong AI Momentum With A Reasonable Valuation

Penguin Solutions offers attractive upside driven by rapid AI infrastructure and integrated memory segment growth, with Q3 revenue up 48% year-over-year. PENG raised its 2026 revenue growth forecast to 22% and expects adjusted EPS around $2.60, while trading at a discounted 18.95x forward P/E versus sector median. Despite strong top-line growth, shrinking gross margins (to 28.5%) and negative operating cash flow highlight risks from working-capital expansion and a hardware-heavy sales mix.

news source

Seeking Alpha • Sep 1, 2026

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CreeLED Inc. and Promier Products, Inc. (d/b/a LitezAll) Resolve Patent Dispute Through Limited License Agreement

DURHAM, N.C.--(BUSINESS WIRE)---- $PENG #CreeLED--Cree LED and Promier Products announced reaching a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED's patents.

news source

Business Wire • Aug 31, 2026

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