Penguin Solutions (PENG) Expected to Announce Earnings on Wednesday

Key Points

• Penguin Solutions will release Q2 2026 results after the close on April 1; analysts expect $0.43 EPS and about $339 million in revenue, and the company has set FY2026 guidance at 1.75–2.25 EPS.
• In the prior quarter PENG beat EPS estimates ($0.49 vs. $0.41) while revenue slightly missed, and the stock trades around $17.80 with a market cap near $935.6 million and a P/E of 77.39.
• Wall Street consensus is a Moderate Buy with an average price target of $28 (ratings range from buy to sell), and insiders have recently sold shares, now owning about 2.90% of the company.

Penguin Solutions (NASDAQ:PENG - Get Free Report) will likely be releasing its Q2 2026 results after the market closes on Wednesday, April 1st. Analysts expect Penguin Solutions to post earnings of $0.43 per share and revenue of $339.00 million for the quarter. Penguin Solutions has set its FY 2026 guidance at 1.750-2.250 EPS. Investors may visit the the company's upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, April 1, 2026 at 4:30 PM ET.

Penguin Solutions (NASDAQ:PENG - Get Free Report) last posted its earnings results on Tuesday, January 6th. The company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.08. Penguin Solutions had a return on equity of 16.01% and a net margin of 1.82%.The company had revenue of $343.07 million for the quarter, compared to analyst estimates of $345.08 million. On average, analysts expect Penguin Solutions to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Penguin Solutions Trading Down 0.5%

Shares of PENG stock opened at $17.80 on Wednesday. The stock has a market cap of $935.57 million, a P/E ratio of 77.39 and a beta of 2.19. The company has a quick ratio of 1.86, a current ratio of 2.33 and a debt-to-equity ratio of 1.10. Penguin Solutions has a fifty-two week low of $14.20 and a fifty-two week high of $29.80. The business has a fifty day simple moving average of $19.07 and a 200-day simple moving average of $21.08.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on PENG shares. Needham & Company LLC restated a "buy" rating and set a $25.00 target price on shares of Penguin Solutions in a report on Tuesday, February 3rd. The Goldman Sachs Group assumed coverage on shares of Penguin Solutions in a report on Tuesday, January 13th. They issued a "buy" rating and a $25.00 price target on the stock. Weiss Ratings lowered shares of Penguin Solutions from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Wednesday, March 11th. Rosenblatt Securities reissued a "buy" rating and set a $30.00 price objective on shares of Penguin Solutions in a research note on Tuesday, February 3rd. Finally, Wall Street Zen upgraded Penguin Solutions from a "hold" rating to a "buy" rating in a research report on Saturday, February 21st. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, Penguin Solutions has a consensus rating of "Moderate Buy" and an average price target of $28.00.

Insider Activity

In related news, SVP Anne Kuykendall sold 4,000 shares of the business's stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $17.75, for a total value of $71,000.00. Following the completion of the transaction, the senior vice president owned 131,352 shares of the company's stock, valued at approximately $2,331,498. The trade was a 2.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Joseph Gates Clark sold 1,346 shares of the firm's stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $19.03, for a total transaction of $25,614.38. Following the sale, the senior vice president directly owned 122,318 shares in the company, valued at $2,327,711.54. This represents a 1.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 2.90% of the company's stock.

Institutional Trading of Penguin Solutions

A number of hedge funds have recently bought and sold shares of the company. Osaic Holdings Inc. grew its stake in Penguin Solutions by 20.8% in the 2nd quarter. Osaic Holdings Inc. now owns 3,583 shares of the company's stock worth $71,000 after acquiring an additional 617 shares during the period. Kestra Advisory Services LLC purchased a new position in shares of Penguin Solutions during the 4th quarter worth $29,000. Swiss National Bank boosted its holdings in shares of Penguin Solutions by 1.8% during the fourth quarter. Swiss National Bank now owns 98,200 shares of the company's stock worth $1,921,000 after purchasing an additional 1,700 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Penguin Solutions during the second quarter worth $37,000. Finally, Advisory Services Network LLC purchased a new stake in shares of Penguin Solutions in the third quarter valued at $50,000.

Penguin Solutions Company Profile

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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