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Stock impact report

Penguin Solutions: Momentum Building Beyond The Noise [Seeking Alpha]

SK Telecom Co., Ltd. (SKM) 
Company Research Source: Seeking Alpha
PENG's Q3 results highlight expanding profitability, robust cash flow, and a new growth engine in memory, particularly with traction in CXL-based products and SK hynix collaboration. The recent shelf registration tied to SK Telecom's convertible preferreds creates technical overhang but does not impact fundamentals or the company's execution and growth outlook. With improved earnings guidance, a cleaner balance sheet, and sustained mid-teens revenue growth, PENG offers significant re-rating potential and over 150% upside from current levels. kohei_hara/iStock via Getty Images When I first initiated coverage on Penguin Solutions, Inc. ( NASDAQ: PENG ), I argued that Penguin was one of the most overlooked AI infrastructure players in the market. At the time, the stock traded below 1x EV/Sales even though This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any Show less Read more
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