Penguin Solutions, Inc.

NasdaqGS:PENG Stock Report

Market Cap: US$2.8b

Penguin Solutions Future Growth

Future criteria checks 4/6

Penguin Solutions is forecast to grow earnings and revenue by 61.2% and 16.1% per annum respectively while EPS is expected to grow by 59.1% per annum.

Key information

61.2%

Earnings growth rate

59.13%

EPS growth rate

Semiconductor earnings growth26.1%
Revenue growth rate16.1%
Future return on equityn/a
Analyst coverage

Good

Last updated18 May 2026

Recent future growth updates

Recent updates

Narrative Update • May 25

PENG: AI Guidance And Execution Risks Will Restrain Future Upside

The analyst price target for Penguin Solutions has moved by about $9.60, with analysts pointing to updated fair value estimates, a slightly adjusted discount rate, modest tweaks to revenue growth and profit margin assumptions, and a higher future P/E multiple to justify the change. Analyst Commentary Recent Street research on Penguin Solutions has been mixed, with some analysts lifting price targets and others trimming them or lowering ratings.
Narrative Update • May 04

PENG: Higher Multiple And Mixed Guidance Will Challenge Bullish Expectations

Analysts have lifted the fair value estimate for Penguin Solutions by $1 to $24, reflecting updated assumptions on growth, profitability and future P/E after a mix of recent price target increases and cuts across the Street. Analyst Commentary Street research on Penguin Solutions has been mixed, with some firms adjusting price targets upward while others have taken a more cautious stance and reduced their targets.
Narrative Update • Apr 20

PENG: Updated Guidance And AI Partnerships Will Shape Balanced Risk Profile

Penguin Solutions' analyst price target has moved modestly higher to approximately $28.71 from about $28.25, as analysts update their models around new revenue growth, margin, discount rate, and forward P/E assumptions following mixed target changes from firms raising and lowering their views. Analyst Commentary Street research around Penguin Solutions reflects a mix of optimism and caution, with some analysts lifting their targets by about $2 and others trimming by around $3.
Seeking Alpha • Apr 04

Penguin Solutions: I'm Not Buying Into The Q2 Earnings Rally

Summary Penguin Solutions trades at a fairly low valuation. But its growth is currently driven by memory sales, which can be notoriously volatile. Q2 FY'26 results were mixed: EPS beat expectations, but revenues fell year-over-year and margins weren't particularly impressive. The company delivered much better guidance for the remainder of 2026, however. I want to see better results from Penguin's advanced computing division before buying the stock. Read the full article on Seeking Alpha
Analysis Article • Oct 18

Solid Earnings Reflect Penguin Solutions' (NASDAQ:PENG) Strength As A Business

Even though Penguin Solutions, Inc. ( NASDAQ:PENG ) posted strong earnings, investors appeared to be underwhelmed. We...
Narrative Update • Oct 03

AI And Digital Transformation Will Drive Global Data Center Success

Peguin Solutions’ fair value price target has been raised from $27.13 to $28.25 per share. Analysts cite stronger memory demand, improved pricing, and early momentum in commercial and sovereign AI opportunities as key drivers behind their more optimistic outlook.
Analysis Article • Jul 09

Why Investors Shouldn't Be Surprised By Penguin Solutions, Inc.'s (NASDAQ:PENG) Low P/S

With a price-to-sales (or "P/S") ratio of 0.8x Penguin Solutions, Inc. ( NASDAQ:PENG ) may be sending very bullish...
Analysis Article • Jun 12

Is There An Opportunity With Penguin Solutions, Inc.'s (NASDAQ:PENG) 31% Undervaluation?

Key Insights Penguin Solutions' estimated fair value is US$29.64 based on 2 Stage Free Cash Flow to Equity Penguin...
Analysis Article • May 22

Is Now An Opportune Moment To Examine Penguin Solutions, Inc. (NASDAQ:PENG)?

Penguin Solutions, Inc. ( NASDAQ:PENG ), might not be a large cap stock, but it received a lot of attention from a...
User avatar
New Narrative • May 02

Channel Partnerships And AI Deployments Will Open New Opportunities

Expanding channel partnerships and AI infrastructure focus positions Penguin Solutions well for future revenue growth and market capitalization.
Analysis Article • Mar 28

Penguin Solutions, Inc.'s (NASDAQ:PENG) Prospects Need A Boost To Lift Shares

With a price-to-sales (or "P/S") ratio of 0.8x Penguin Solutions, Inc. ( NASDAQ:PENG ) may be sending very bullish...
Seeking Alpha • Jan 09

Penguin Solutions Earnings: Upgrading To Buy After Fiscal Q1 Surprise

Summary 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. With $270 million in net debt and lowered EPS guidance, PENG stock still has some risks worth keeping in mind. Read the full article on Seeking Alpha
Analysis Article • Dec 16

Penguin Solutions (NASDAQ:PENG) Has A Somewhat Strained Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Sep 04

Is SMART Global Holdings, Inc. (NASDAQ:SGH) Trading At A 31% Discount?

Key Insights Using the 2 Stage Free Cash Flow to Equity, SMART Global Holdings fair value estimate is US$27.65 Current...
Analysis Article • Jul 16

We Think SMART Global Holdings' (NASDAQ:SGH) Robust Earnings Are Conservative

When companies post strong earnings, the stock generally performs well, just like SMART Global Holdings, Inc.'s...
Analysis Article • Jul 11

Improved Revenues Required Before SMART Global Holdings, Inc. (NASDAQ:SGH) Stock's 34% Jump Looks Justified

SMART Global Holdings, Inc. ( NASDAQ:SGH ) shares have continued their recent momentum with a 34% gain in the last...

Earnings and Revenue Growth Forecasts

NasdaqGS:PENG - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
8/31/20282,018N/A1321452
8/31/20271,785971221336
8/31/20261,537571021116
2/27/20261,3483899108N/A
11/28/20251,37112116126N/A
8/29/20251,36915100109N/A
5/30/20251,342-15155167N/A
2/28/20251,318-9141154N/A
11/29/20241,238-274360N/A
8/30/20241,171-445877N/A
5/31/20241,17645105126N/A
3/1/20241,220205887N/A
12/1/20231,3240174210N/A
8/25/20231,441865104N/A
5/26/20231,139-816688N/A
2/24/20231,257-376484N/A
11/25/20221,318-2016N/A
8/26/20221,3962285105N/A
5/27/20221,8496795132N/A
2/25/20221,82536112145N/A
11/26/20211,6793987133N/A
8/27/20211,056-43137153N/A
5/28/20211,330875130N/A
2/26/20211,174163795N/A
11/27/20201,14215698N/A
8/28/20201,122-15587N/A
5/29/20201,104-391111N/A
2/28/20201,058-2121144N/A
11/29/20191,09021N/A160N/A
8/30/20191,21251N/A170N/A
5/31/20191,30875N/A111N/A
3/1/20191,407105N/A93N/A
11/30/20181,417129N/A89N/A
8/31/20181,289119N/A68N/A
5/25/20181,13880N/A83N/A
2/23/20181,00956N/A64N/A
11/24/201786716N/A30N/A
8/25/2017761-8N/A-1N/A
5/26/20176841N/A-12N/A
2/24/2017627-8N/A-27N/A
11/25/2016572-12N/A0N/A
8/26/2016534-20N/A15N/A
2/26/2016529-49N/A83N/A
11/27/2015580-49N/A30N/A
8/28/2015643-46N/A41N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PENG's forecast earnings growth (61.2% per year) is above the savings rate (3.5%).

Earnings vs Market: PENG's earnings (61.2% per year) are forecast to grow faster than the US market (17% per year).

High Growth Earnings: PENG's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PENG's revenue (16.1% per year) is forecast to grow faster than the US market (11.9% per year).

High Growth Revenue: PENG's revenue (16.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if PENG's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/01 13:43
End of Day Share Price 2026/05/29 00:00
Earnings2026/02/27
Annual Earnings2025/08/29

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Penguin Solutions, Inc. is covered by 14 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thomas O'MalleyBarclays
Rustam KangaCitizens JMP Securities, LLC
Shek HoDeutsche Bank