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

Penguin Solutions (NASDAQ:PENG) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 2.550-2.650 for the period, compared to the consensus earnings per share estimate of 2.180. The company issued revenue guidance of $1.6 billion-$1.7 billion, compared to the consensus revenue estimate of $1.6 billion.

Penguin Solutions Trading Down 11.9%

Penguin Solutions stock opened at $53.23 on Tuesday. Penguin Solutions has a 12 month low of $16.04 and a 12 month high of $89.86. The company has a quick ratio of 1.10, a current ratio of 1.54 and a debt-to-equity ratio of 0.65. The stock has a market cap of $2.73 billion, a P/E ratio of 37.75 and a beta of 2.83. The company’s fifty day simple moving average is $62.15 and its 200-day simple moving average is $35.95.

Penguin Solutions (NASDAQ:PENG) last released its quarterly earnings data on Tuesday, July 7th. The company reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.21. Penguin Solutions had a return on equity of 28.23% and a net margin of 6.44%.The firm had revenue of $478.71 million during the quarter, compared to analysts’ expectations of $407.47 million. During the same quarter last year, the firm earned $0.52 earnings per share. As a group, sell-side analysts forecast that Penguin Solutions will post 2.08 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on PENG shares. Barclays lowered shares of Penguin Solutions from an “equal weight” rating to an “underweight” rating and set a $40.00 price objective on the stock. in a research report on Monday. Citigroup reiterated an “outperform” rating on shares of Penguin Solutions in a research note on Wednesday, July 8th. Weiss Ratings upgraded Penguin Solutions from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 8th. Rosenblatt Securities increased their price target on Penguin Solutions from $65.00 to $75.00 and gave the company a “buy” rating in a report on Monday, July 6th. Finally, Stifel Nicolaus raised their target price on shares of Penguin Solutions from $66.00 to $75.00 and gave the company a “buy” rating in a research note on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $63.33.

Insiders Place Their Bets

In other Penguin Solutions news, Director Maximiliane C. Straub sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $49.00, for a total transaction of $147,000.00. Following the sale, the director directly owned 51,975 shares in the company, valued at approximately $2,546,775. This trade represents a 5.46% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Anne Kuykendall sold 4,000 shares of the stock in a transaction on Monday, June 15th. The stock was sold at an average price of $64.38, for a total transaction of $257,520.00. Following the sale, the senior vice president directly owned 120,794 shares of the company’s stock, valued at $7,776,717.72. This represents a 3.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 65,574 shares of company stock valued at $3,069,722 in the last quarter. 2.90% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Invesco Ltd. raised its holdings in Penguin Solutions by 596.8% during the fourth quarter. Invesco Ltd. now owns 1,992,415 shares of the company’s stock worth $38,972,000 after buying an additional 1,706,482 shares during the last quarter. Twinbeech Capital LP increased its position in Penguin Solutions by 324.5% in the fourth quarter. Twinbeech Capital LP now owns 43,200 shares of the company’s stock worth $845,000 after buying an additional 33,023 shares in the last quarter. Susquehanna Fundamental Investments LLC purchased a new stake in Penguin Solutions in the 4th quarter worth approximately $1,017,000. Ophir Asset Management Pty Ltd raised its position in shares of Penguin Solutions by 234.3% during the 4th quarter. Ophir Asset Management Pty Ltd now owns 1,211,612 shares of the company’s stock valued at $23,699,000 after purchasing an additional 849,178 shares during the period. Finally, Man Group plc lifted its stake in shares of Penguin Solutions by 55.1% during the 4th quarter. Man Group plc now owns 27,952 shares of the company’s stock valued at $547,000 after buying an additional 9,933 shares in the last quarter.

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.