Penguin Solutions (PENG) Poised for Growth on Favorable Memory Market Trends [Yahoo! Finance]
Penguin Solutions, Inc. (PENG)
Company Research
Source: Yahoo! Finance
Brian Chin raised the firm's price target on the stock to $31 from $27 and kept a “Buy” rating on the shares. The firm remains constructive on the stock amid favorable conditions in the memory market. According to the firm, fiscal Q4 results are anticipated to modestly exceed consensus estimates when the company reports earnings on Tuesday. Not only are memory market conditions favorable both in terms of demand and pricing, but these tailwinds are also likely to sustain into the calendar year end. A financial analyst in a suit examining investment grade debt securities on a screen. The company's memory division, representing 32% of trailing twelve-month sales, is experiencing tailwinds. Moreover, its advanced computing division (49% of TTM sales) is projected to post sequential growth in the fourth quarter due to an improving order pipeline. The firm projects 8% year-over-year revenue growth overall, which it deems potentially conservative considering favorable memory market c
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PENG
News
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- Penguin Solutions (NASDAQ:PENG) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=PENG&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street MarketBeat
- 3 Value Stocks We Think Twice About [Yahoo! Finance]Yahoo! Finance
- Penguin Solutions to Provide OriginAI Pre-Validated Cluster Architectures Featuring NVIDIA DGX B300 and NVIDIA RTX PRO 6000 GPUsBusiness Wire
- Penguin Solutions Boosts Fault-Tolerant Computing with Oracle Linux Integration [Yahoo! Finance]Yahoo! Finance
PENG
Earnings
- 10/7/25 - Beat
PENG
Sec Filings
- 10/22/25 - Form 4
- 10/22/25 - Form 4
- 10/22/25 - Form 4
- PENG's page on the SEC website