Penguin Solutions (NASDAQ:PENG) Releases FY 2026 Earnings Guidance

Penguin Solutions (NASDAQ:PENG) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 1.750-2.250 for the period, compared to the consensus EPS estimate of 1.800. The company issued revenue guidance of $1.3 billion-$1.6 billion, compared to the consensus revenue estimate of $1.5 billion.

Penguin Solutions Trading Up 2.3%

Penguin Solutions stock traded up $0.48 during trading hours on Tuesday, reaching $21.55. 2,284,406 shares of the company’s stock were exchanged, compared to its average volume of 1,504,981. The firm has a market capitalization of $1.13 billion, a PE ratio of 74.31 and a beta of 2.23. Penguin Solutions has a twelve month low of $14.20 and a twelve month high of $29.80. The firm’s 50 day simple moving average is $20.47 and its 200 day simple moving average is $22.71. The company has a quick ratio of 1.71, a current ratio of 2.25 and a debt-to-equity ratio of 1.09.

Penguin Solutions (NASDAQ:PENG) last posted its quarterly earnings data on Tuesday, January 6th. The company reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.08. The firm had revenue of $343.07 million for the quarter, compared to the consensus estimate of $345.08 million. Penguin Solutions had a net margin of 1.82% and a return on equity of 14.45%. Penguin Solutions has set its FY 2026 guidance at 1.750-2.250 EPS. Research analysts predict that Penguin Solutions will post 1.05 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. JMP Securities restated a “market outperform” rating and set a $26.00 price objective on shares of Penguin Solutions in a research report on Wednesday, October 8th. Weiss Ratings raised Penguin Solutions from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Saturday, October 25th. Zacks Research lowered shares of Penguin Solutions from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 8th. Wall Street Zen upgraded shares of Penguin Solutions from a “hold” rating to a “buy” rating in a research note on Friday, November 28th. Finally, Stifel Nicolaus increased their target price on Penguin Solutions from $27.00 to $31.00 and gave the company a “buy” rating in a report on Monday, October 6th. Seven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $28.00.

Institutional Trading of Penguin Solutions

Institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP acquired a new stake in Penguin Solutions during the 3rd quarter worth about $60,264,000. Royal Bank of Canada acquired a new position in Penguin Solutions in the 1st quarter valued at $7,250,000. Millennium Management LLC acquired a new position in Penguin Solutions during the third quarter worth about $10,136,000. Cubist Systematic Strategies LLC lifted its position in Penguin Solutions by 736.0% during the second quarter. Cubist Systematic Strategies LLC now owns 386,566 shares of the company’s stock worth $7,658,000 after buying an additional 340,326 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new position in shares of Penguin Solutions during the 3rd quarter worth $6,364,000.

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.