Here's Why Penguin Solutions Stock Is Flying Today [Globe and Mail, The (Toronto, Canada)]
Penguin Solutions, Inc. (PENG)
Company Research
Source: Globe and Mail, The
The foreseeable future is even more promising. Even after today's big leap, there's room for this stock to continue rising. Shares of AI data center infrastructure specialist Penguin Solutions (NASDAQ: PENG ) are well up today following Wednesday evening's post-close release of the company's fiscal Q2 results. While revenue and operating income both fell year over year, each also topped analysts' expectations. Unexpectedly solid guidance for the full fiscal year, however, is seemingly responsible for the bulk of today's jump. Better than expected For the three months ending in February, Penguin turned revenue of $343 million into a per-share non-GAAP profit of $0.52. Sales fell 6% year over year, and income was essentially flat. But, analysts were only calling for a top line of $339 million and earnings of $0.42 per share. The company's advanced computing arm's sales fell more than its integrated memory business expanded during the quarter. Will AI create the world's first
Show less
Read more
Impact Snapshot
Event Time:
PENG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PENG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PENG alerts
High impacting Penguin Solutions, Inc. news events
Weekly update
A roundup of the hottest topics
PENG
News
- Penguin Solutions (PENG) was upgraded by Zacks Research from "hold" to "strong-buy".MarketBeat
- Penguin Solutions (PENG) was upgraded by <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from "sell (d+)" to "hold (c-)".MarketBeat
- Rosenblatt Raises its Price Target on Penguin Solutions. (PENG) to $32 [Yahoo! Finance]Yahoo! Finance
- Penguin Solutions (PENG) had its price target lowered by Stifel Nicolaus from $27.00 to $24.00. They now have a "buy" rating on the stock.MarketBeat
- Penguin Solutions (PENG) had its price target raised by Needham & Company LLC from $25.00 to $27.00. They now have a "buy" rating on the stock.MarketBeat
PENG
Earnings
- 4/1/26 - Beat
PENG
Sec Filings
- 4/16/26 - Form 144
- 4/10/26 - Form 4
- 4/9/26 - Form 144
- PENG's page on the SEC website