Loop Capital initiated coverage on Penguin Solutions with a new price target
$PENG
Semiconductors
Technology
Loop Capital initiated coverage of Penguin Solutions with a rating of Buy and set a new price target of $30.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/31/2025 | $20.00 | Neutral | Analyst |
| 1/7/2025 | $30.00 | Buy | Loop Capital |
| 11/18/2024 | $23.00 | Mkt Outperform | JMP Securities |
| 11/1/2024 | $21.00 | Buy | Goldman |
| 10/16/2024 | $35.00 → $25.00 | Buy | Needham |
High-capacity DDR5-6400 ECC CSODIMM delivers rugged performance and extended temperature support for industrial, edge, and telecom applications Penguin Solutions, Inc. (Nasdaq: PENG), a leading provider of high-performance computing and AI infrastructure solutions, today announced the release of its SMART 64GB DDR5-6400 ECC CSODIMM memory modules, the newest addition to its broad DDR5 SODIMM lineup. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251209435224/en/Penguin Solutions new SMART Modular DDR5 SODIMM memory modules deliver rugged performance and extended temperature support for industrial, edge, and telecom applications.
Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and SANlight GmbH, Schruns, Austria, today announced a partnership under which SANlight will use Cree LED's J Series® products in its new STIXX-Series luminaires. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251202425973/en/Cree LED and SANlight announced a partnership under which SANlight will use Cree LED's J Series® products in its new STIXX-Series luminaires which are well-suited for horticulture applications while optimizing yield, plant quality and energy consumption. Developed for applications with limited space, the STIXX fixtures feature a slim, space-saving design wi
Integration of the latest NVIDIA GPUs delivers training and inference architectures for organizations to move from pilots to production Penguin Solutions, Inc. ("Penguin Solutions") (Nasdaq: PENG), a leading provider of high-performance computing and AI infrastructure solutions, today announced support for the latest NVIDIA GPUs across its OriginAI® solution portfolio. OriginAI is a comprehensive AI factory infrastructure solution that streamlines deployment and ensures sustained peak performance for AI architectures at any scale. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251118430070/en/Penguin Solutions, a leading provi
Analyst initiated coverage of Penguin Solutions with a rating of Neutral and set a new price target of $20.00
Loop Capital initiated coverage of Penguin Solutions with a rating of Buy and set a new price target of $30.00
JMP Securities initiated coverage of Penguin Solutions with a rating of Mkt Outperform and set a new price target of $23.00
SCHEDULE 13G/A - Penguin Solutions, Inc. (0001616533) (Subject)
SCHEDULE 13G - Penguin Solutions, Inc. (0001616533) (Subject)
10-K - Penguin Solutions, Inc. (0001616533) (Filer)
4 - Penguin Solutions, Inc. (0001616533) (Issuer)
4 - Penguin Solutions, Inc. (0001616533) (Issuer)
4 - Penguin Solutions, Inc. (0001616533) (Issuer)
Fiscal 2025 Net Sales up 17% compared to the prior year GAAP EPS of $0.28, up from ($0.85) Non-GAAP EPS of $1.90, up 53% Penguin Solutions, Inc. ("Penguin Solutions," "we," "us," or the "Company") (Nasdaq: PENG) today reported financial results for the fourth quarter and full year fiscal 2025. Fiscal 2025 Highlights Net sales of $1.37 billion versus $1.17 billion in fiscal year 2024 GAAP gross margin of 28.8%, down 30 basis points versus fiscal year 2024 Non-GAAP gross margin of 31.0%, down 90 basis points versus fiscal year 2024 GAAP diluted EPS of $0.28 versus $(0.85) in fiscal year 2024 Non-GAAP diluted EPS of $1.90 versus $1.25 in fiscal year 2024 Fourth Quarte
Penguin Solutions, Inc. ("Penguin Solutions") (NASDAQ: PENG), a leading designer and developer of high-performance, high-availability enterprise solutions, today announced that the company will host its quarterly financial webcast and conference call for its fourth quarter and full year fiscal year 2025 earnings after market close on Tuesday, October 7, 2025, beginning at 1:30 p.m. Pacific Time (PT) / 4:30 p.m. Eastern Time (ET). Financial results will be issued in a press release prior to the conference call. Webcast Information: To access the live webcast: PENG Q4 FY25 Earnings Call Webcast. Conference Call Information: Participants may also listen to the conference call by dialing:
Company raises midpoint of full-year GAAP and Non-GAAP diluted EPS outlook Penguin Solutions, Inc. ("Penguin Solutions," "we," "us," or the "Company") (NASDAQ:PENG) today reported financial results for the third quarter of fiscal 2025. Third Quarter Fiscal 2025 Highlights Net sales of $324 million, up 7.9% versus the year-ago quarter GAAP gross margin of 29.3%, down 30 basis points versus the year-ago quarter Non-GAAP gross margin of 31.7%, down 60 basis points versus the year-ago quarter GAAP diluted EPS of $(0.01) versus $0.10 in the year-ago quarter Non-GAAP diluted EPS of $0.47 versus $0.37 in the year-ago quarter "We delivered solid third quarter results while exe
SC25 attendees will gain valuable insights into manageability, scalability, and performance for advanced solutions that drive enterprise AI forward Penguin Solutions, Inc. (Penguin Solutions, Nasdaq: PENG) today announced its participation at Supercomputing 25 (SC25), the international conference for high-performance computing (HPC), networking, storage, and analysis taking place in St. Louis, Missouri on November 16-21, 2025. Penguin's involvement in the event will include product demonstrations, speaking engagements, and presence on the show floor with partners. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251104689133/en/Pe
Strategic realignment underscores transformation to an AI Infrastructure Solutions Company Penguin Solutions, Inc. (Penguin Solutions; Nasdaq: PENG) (the "Company") today announced the appointment of two new leaders: SVP and Chief Revenue Officer Tony Frey and SVP of Strategy and Corporate Development Ted Gillick. These additions are part of an updated organizational structure that is intended to accelerate growth, support product innovation, and further enable go-to-market strategies in systems, software, services, and end-to-end advanced computing solutions. "We are excited to have Tony and Ted join Penguin Solutions as we strengthen our organization for the future," said President an
SC 13G/A - Penguin Solutions, Inc. (0001616533) (Subject)
SC 13G - Penguin Solutions, Inc. (0001616533) (Subject)