Penguin Solutions, Inc. (NASDAQ:PENG) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• Nine brokers give Penguin Solutions a consensus rating of Moderate Buy (6 buy, 2 hold, 1 sell) with an average 12‑month target of $28.00.
• Institutional investors added meaningful new stakes in Q1 — notably Royal Bank of Canada (~$7.25M), Goldman Sachs (~$3.26M) and AQR (~$1.08M) — indicating increased institutional interest.
• Penguin beat quarterly EPS estimates ($0.49 vs. $0.41) and set FY2026 guidance of 1.75–2.25 EPS, while shares trade around $17.77 with a market cap of about $934M and a high P/E (~77.3).

Penguin Solutions, Inc. (NASDAQ:PENG - Get Free Report) has been given a consensus rating of "Moderate Buy" by the nine brokerages that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $28.00.

A number of brokerages recently commented on PENG. Needham & Company LLC reaffirmed a "buy" rating and set a $25.00 price objective on shares of Penguin Solutions in a research note on Tuesday, February 3rd. Weiss Ratings cut Penguin Solutions from a "hold (c-)" rating to a "sell (d+)" rating in a report on Wednesday. Rosenblatt Securities restated a "buy" rating and set a $30.00 target price on shares of Penguin Solutions in a research report on Tuesday, February 3rd. The Goldman Sachs Group started coverage on shares of Penguin Solutions in a research report on Tuesday, January 13th. They issued a "buy" rating and a $25.00 price target on the stock. Finally, Wall Street Zen raised shares of Penguin Solutions from a "hold" rating to a "buy" rating in a research note on Saturday, February 21st.

Insiders Place Their Bets

In other news, SVP Joseph Gates Clark sold 1,346 shares of Penguin Solutions stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $19.03, for a total transaction of $25,614.38. Following the transaction, the senior vice president directly owned 122,318 shares of the company's stock, valued at $2,327,711.54. This trade represents a 1.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 2.90% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada bought a new stake in shares of Penguin Solutions in the first quarter worth about $7,250,000. Amundi bought a new position in shares of Penguin Solutions during the 1st quarter valued at about $373,000. AQR Capital Management LLC acquired a new position in shares of Penguin Solutions in the 1st quarter valued at approximately $1,076,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Penguin Solutions during the 1st quarter worth approximately $538,000. Finally, Goldman Sachs Group Inc. bought a new stake in Penguin Solutions during the 1st quarter worth approximately $3,259,000.

Penguin Solutions Trading Down 3.8%

Shares of NASDAQ PENG opened at $17.77 on Friday. Penguin Solutions has a fifty-two week low of $14.20 and a fifty-two week high of $29.80. The firm has a market capitalization of $933.99 million, a P/E ratio of 77.26 and a beta of 2.19. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.33 and a quick ratio of 1.86. The company's 50 day simple moving average is $19.44 and its 200 day simple moving average is $21.49.

Penguin Solutions (NASDAQ:PENG - Get Free Report) last released its earnings results on Tuesday, January 6th. The company reported $0.49 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.08. The firm had revenue of $343.07 million during the quarter, compared to analyst estimates of $345.08 million. Penguin Solutions had a net margin of 1.82% and a return on equity of 16.01%. Penguin Solutions has set its FY 2026 guidance at 1.750-2.250 EPS. On average, analysts predict that Penguin Solutions will post 1.05 EPS for the current year.

About Penguin Solutions

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.