Penguin Solutions (PENG) Stock

Profile

Full Name:

Penguin Solutions, Inc.

Sector:

Technology

Country:

Cayman Islands

IPO:

24 May 2017

Indexes:

Not included

Description:

Penguin Solutions provides high-performance computing, cloud solutions, and advanced technology services to help businesses optimize their operations and improve efficiency.

Events Calendar

Earnings

Next earnings date:

Apr 09, 2025

Recent quarterly earnings:

Jan 08, 2025

Recent annual earnings:

Oct 15, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

Feb 02, 2022

Analyst ratings

Recent major analysts updates

09 Jan '25 Needham
Buy
09 Jan '25 Barclays
Overweight
07 Jan '25 Loop Capital
Buy
19 Dec '24 Rosenblatt
Buy
18 Nov '24 JMP Securities
Market Outperform
01 Nov '24 Goldman Sachs
Buy
16 Oct '24 Stifel
Buy
16 Oct '24 Needham
Buy
16 Oct '24 Barclays
Overweight
17 July '24 Stifel
Buy

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Institutional Ownership

Penguin Solution: Strong Growth Outlook With Strategic AI Partnerships
Penguin Solution: Strong Growth Outlook With Strategic AI Partnerships
Penguin Solution: Strong Growth Outlook With Strategic AI Partnerships
PENG
seekingalpha.com12 January 2025

I am positive on Penguin Solution due to its strong position in the growing AI infrastructure market, supported by strategic partnerships and robust revenue growth. PENG reported a 24% y/y revenue increase to $341 million, driven by a 49% y/y growth in the Advanced Computing segment, and strong adj EPS growth of 108% y/y. PENG's strategic partnerships with SK Telecom and Dell Technologies enhance its competitive edge and distribution, positioning it to capture more enterprise AI deployments.

Penguin Solutions Signs AI Data Center Collaboration Agreement with SK Telecom and SK hynix
Penguin Solutions Signs AI Data Center Collaboration Agreement with SK Telecom and SK hynix
Penguin Solutions Signs AI Data Center Collaboration Agreement with SK Telecom and SK hynix
PENG
businesswire.com09 January 2025

LAS VEGAS--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced it has entered into a strategic collaboration agreement with SK Telecom and SK hynix to pursue AI data center solutions.

Penguin Solutions Earnings: Upgrading To Buy After Fiscal Q1 Surprise
Penguin Solutions Earnings: Upgrading To Buy After Fiscal Q1 Surprise
Penguin Solutions Earnings: Upgrading To Buy After Fiscal Q1 Surprise
PENG
seekingalpha.com09 January 2025

Penguin Solutions, formerly SMART Global, delivered strong Q1 2025 earnings, boosting its stock by over 15% and proving skeptics wrong. The company focuses on AI infrastructure and large-scale data center clusters, positioning itself well for future AI adoption. Despite expected revenue growth moderation in H2 2025, the company is likely to exceed Q2 2025 revenue estimates, supporting a 15x EPS valuation.

Penguin Solutions, Inc. (PENG) Q1 2025 Earnings Call Transcript
Penguin Solutions, Inc. (PENG) Q1 2025 Earnings Call Transcript
Penguin Solutions, Inc. (PENG) Q1 2025 Earnings Call Transcript
PENG
seekingalpha.com08 January 2025

Penguin Solutions, Inc. (NASDAQ:PENG ) Q1 2025 Earnings Conference Call January 8, 2025 4:30 PM ET Company Participants Suzanne Schmidt - IR Mark Adams - CEO Nate Olmstead - CFO Conference Call Participants Michael Ng - Goldman Sachs Brian Chin - Stifel Nick Doyle - Needham Alek Valero - Loop Capital Rustam Kanga - Citizens JMP Madison DePaola - Rosenblatt Securities Operator Good afternoon. Thank you for attending today's Penguin Solutions First Quarter Fiscal 2025 Earnings Call.

Penguin Solutions, Inc. (PENG) Q1 Earnings and Revenues Surpass Estimates
Penguin Solutions, Inc. (PENG) Q1 Earnings and Revenues Surpass Estimates
Penguin Solutions, Inc. (PENG) Q1 Earnings and Revenues Surpass Estimates
PENG
zacks.com08 January 2025

Penguin Solutions, Inc. (PENG) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.24 per share a year ago.

Penguin Solutions Announces First Quarter Fiscal 2025 Financial Conference Call
Penguin Solutions Announces First Quarter Fiscal 2025 Financial Conference Call
Penguin Solutions Announces First Quarter Fiscal 2025 Financial Conference Call
PENG
businesswire.com16 December 2024

MILPITAS, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions today announced it will host its financial webcast & conf call for Q1FY2025 earnings after market close on Jan 8, 2025 at 4:30 pm ET.

Stratus to Showcase Secure, Zero-Touch Computing and Edge-to-Cloud Smart Manufacturing at Automation Fair 2024
Stratus to Showcase Secure, Zero-Touch Computing and Edge-to-Cloud Smart Manufacturing at Automation Fair 2024
Stratus to Showcase Secure, Zero-Touch Computing and Edge-to-Cloud Smart Manufacturing at Automation Fair 2024
PENG
businesswire.com19 November 2024

MAYNARD, Mass.--(BUSINESS WIRE)---- $PENG #AutomationFair--Stratus announced its participation at Rockwell Automation Fair, Nov 18-21 in Anaheim, to showcase its fault tolerant, zero-touch computing platforms.

Penguin Solutions OriginAI Infrastructure Now Available with Additional GPUs and Enhanced Cluster Management Capabilities
Penguin Solutions OriginAI Infrastructure Now Available with Additional GPUs and Enhanced Cluster Management Capabilities
Penguin Solutions OriginAI Infrastructure Now Available with Additional GPUs and Enhanced Cluster Management Capabilities
PENG
businesswire.com19 November 2024

FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced the latest NVIDIA and AMD GPUs as well as Dell Technologies AI-optimized hardware to its OriginAI infrastructure solution.

Penguin Solutions Releases 2023 Environmental, Social, and Governance Report
Penguin Solutions Releases 2023 Environmental, Social, and Governance Report
Penguin Solutions Releases 2023 Environmental, Social, and Governance Report
PENG
businesswire.com31 October 2024

MILPITAS, Calif.--(BUSINESS WIRE)---- $PENG #CorporateResponsibility--Penguin Solutions released the 2023 Environmental, Social and Governance Report, the fourth annual record of the company's progress on its ESG goals.

FAQ

  • What is the primary business of Penguin Solutions?
  • What is the ticker symbol for Penguin Solutions?
  • Does Penguin Solutions pay dividends?
  • What sector is Penguin Solutions in?
  • What industry is Penguin Solutions in?
  • What country is Penguin Solutions based in?
  • When did Penguin Solutions go public?
  • Is Penguin Solutions in the S&P 500?
  • Is Penguin Solutions in the NASDAQ 100?
  • Is Penguin Solutions in the Dow Jones?
  • When was Penguin Solutions's last earnings report?
  • When does Penguin Solutions report earnings?
  • Should I buy Penguin Solutions stock now?

What is the primary business of Penguin Solutions?

Penguin Solutions provides high-performance computing, cloud solutions, and advanced technology services to help businesses optimize their operations and improve efficiency.

What is the ticker symbol for Penguin Solutions?

The ticker symbol for Penguin Solutions is NASDAQ:PENG

Does Penguin Solutions pay dividends?

No, Penguin Solutions does not pay dividends

What sector is Penguin Solutions in?

Penguin Solutions is in the Technology sector

What industry is Penguin Solutions in?

Penguin Solutions is in the Information Technology Services industry

What country is Penguin Solutions based in?

Penguin Solutions is headquartered in Cayman Islands

When did Penguin Solutions go public?

Penguin Solutions's initial public offering (IPO) was on 24 May 2017

Is Penguin Solutions in the S&P 500?

No, Penguin Solutions is not included in the S&P 500 index

Is Penguin Solutions in the NASDAQ 100?

No, Penguin Solutions is not included in the NASDAQ 100 index

Is Penguin Solutions in the Dow Jones?

No, Penguin Solutions is not included in the Dow Jones index

When was Penguin Solutions's last earnings report?

Penguin Solutions's most recent earnings report was on 8 January 2025

When does Penguin Solutions report earnings?

The next expected earnings date for Penguin Solutions is 9 April 2025

Should I buy Penguin Solutions stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions