Penguin Solutions, Inc. (PENG)
- Analysts7
- Implied upside+37.9%
- Target range$40.00 to $85.00
SEC filings
| Form | Filed | Description |
|---|---|---|
| 144 | July 23, 2026 | View on EDGAR |
| 4 | July 22, 2026 | FORM 4 |
| 4 | July 22, 2026 | FORM 4 |
| 4 | July 22, 2026 | FORM 4 |
| 4 | July 22, 2026 | FORM 4 |
| 144 | July 22, 2026 | View on EDGAR |
| 8-K | July 17, 2026 | 8-K |
| 3 | July 15, 2026 | FORM 3 |
Our PENG coverage

Penguin Solutions (PENG) is down 40% since its best quarter ever, and none of it is about the business
Penguin Solutions (PENG) is down about 40% from the 52-week high its best quarter ever bought it, thanks to its own $750 million convertible notes deal. The stock fell again Monday even as chip stocks like Broadcom and Micron rebounded and the broader market closed roughly flat.

Penguin Solutions (PENG) hit a 52-week high last week. Its own debt sale knocked it down 12% on July 13.
Penguin Solutions announced a $650 million convertible notes offering after Monday's close, and the stock dropped as much as 12% in after-hours trading before clawing back some of the loss. The sale comes less than a week after PENG touched a 52-week high on a blowout earnings beat.

Penguin Solutions (PENG) beat by 53%, dropped overnight on Iran news, then exploded 21% this morning
Penguin Solutions crushed Q3 earnings Tuesday night, then the stock faded, dropped below its pre-earnings price overnight as Iran ceasefire news hit futures market-wide, and finally broke out once regular trading opened Wednesday.

Penguin Solutions (PENG) beat earnings for a seventh straight quarter and raised its outlook
Penguin Solutions (PENG) beat earnings for a seventh straight quarter, posting record $479 million in sales and $0.84 EPS, and raised its full-year outlook again. Shares fell in the regular session before jumping in after-hours trading on the beat.
Frequently asked questions
What do analysts expect for PENG?
7 analysts cover Penguin Solutions, Inc. (PENG). The consensus rating is Buy and the average price target is $74.29, in a range of $40.00 to $85.00.
Are insiders buying or selling PENG?
We have no qualifying Form 4 insider purchases or sales on record for Penguin Solutions, Inc. (PENG). Sales are only tracked above a dollar threshold, so small routine trades may not appear.
Where can I see PENG SEC filings?
Recent filings are listed on this page, newest first. The latest is a 144 filed July 23, 2026.