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.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on PENG. Stifel Nicolaus raised their price objective on shares of Penguin Solutions from $27.00 to $31.00 and gave the company a “buy” rating in a research report on Monday, October 6th. Weiss Ratings raised shares of Penguin Solutions from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Saturday, October 25th. Wall Street Zen upgraded shares of Penguin Solutions from a “hold” rating to a “buy” rating in a research report on Friday, November 28th. JMP Securities reaffirmed a “market outperform” rating and issued a $26.00 price target on shares of Penguin Solutions in a report on Wednesday, October 8th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $30.00 price objective on shares of Penguin Solutions in a research note on Wednesday. Seven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $28.00.

Penguin Solutions Stock Down 13.8%

Shares of NASDAQ:PENG opened at $18.58 on Thursday. The firm has a 50 day simple moving average of $20.37 and a 200 day simple moving average of $22.69. Penguin Solutions has a 52 week low of $14.20 and a 52 week high of $29.80. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.71 and a current ratio of 2.25. The company has a market cap of $976.56 million, a PE ratio of 80.78 and a beta of 2.23.

Penguin Solutions (NASDAQ:PENG) last announced its earnings results on Tuesday, January 6th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.08. The company 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 15.00%. Penguin Solutions has set its FY 2026 guidance at 1.750-2.250 EPS. As a group, research analysts expect that Penguin Solutions will post 1.05 earnings per share for the current year.

Key Penguin Solutions News

Here are the key news stories impacting Penguin Solutions this week:

• Positive Sentiment: Q1 beat on earnings and operational highlights: Adjusted EPS of $0.49 topped estimates and management said memory/integrated memory grew strongly, driving operating income expansion. This beat is the primary catalyst that lifted the stock after the release. BusinessWire: Q1 Results
• Positive Sentiment: Analyst support: Rosenblatt reaffirmed a “buy” and kept a $30 price target, providing a sizable implied upside vs. current levels and likely supporting demand from growth/value investors. Benzinga: Analyst Reaffirmation
• Positive Sentiment: Unusually large options activity: traders bought ~2,578 call contracts (roughly +94% vs typical), signaling short‑term bullish bets that can amplify intraday moves and signal investor conviction.
• Neutral Sentiment: FY‑2026 guidance is mixed but not far off consensus: management set EPS guidance of $1.75–$2.25 (midpoint ~$2.00) and revenue guidance of $1.3B–$1.6B — a wide range that leaves execution risk but implies modest full‑year growth if realized. Slide Deck / Guidance
• Neutral Sentiment: Positive coverage/positioning pieces highlight AI/memory upside and institutional accumulation, which could sustain interest longer term but are opinion‑driven rather than fresh fundamentals. MarketBeat: Deep‑Value AI Article
• Negative Sentiment: Top‑line and margin nuance: revenue (~$343M) was marginally below some street models and gross margin compressed (~70 bps), a combination that likely prompted the pullback despite the EPS beat. Traders appear weighing near‑term margin pressure against memory tailwinds. MSN: EPS & Revenue Details

Institutional Trading of Penguin Solutions

Several hedge funds and other institutional investors have recently modified their holdings of PENG. Raymond James Financial Inc. purchased a new position in Penguin Solutions in the second quarter valued at about $37,000. Advisory Services Network LLC acquired a new position in Penguin Solutions in the third quarter worth approximately $50,000. Osaic Holdings Inc. raised its position in Penguin Solutions by 20.8% during the second quarter. Osaic Holdings Inc. now owns 3,583 shares of the company’s stock valued at $71,000 after acquiring an additional 617 shares in the last quarter. Globeflex Capital L P bought a new position in Penguin Solutions during the second quarter valued at approximately $105,000. Finally, Tower Research Capital LLC TRC grew its position in Penguin Solutions by 400.6% in the second quarter. Tower Research Capital LLC TRC now owns 6,258 shares of the company’s stock worth $124,000 after acquiring an additional 5,008 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.