Penguin Solutions, Inc. (PENG) Stock Price & Analysis

Penguin Solutions, Inc. (PENG) closed at USD 51.91 on Thursday, October 22, 2026, down 11.08% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 58.38; the Oct 22, 2026 session ranged USD 51.24–56.12 on volume of 4,198,664 shares. Market capitalization is $2.66B, with a 52-week range of USD 16.04–89.86 (NMS). Source: Nexqual, retrieved October 23, 2026 at 08:43 UTC.

Also available as compact Markdown for AI agents: nexqual.com/PENG.md

Key facts (PENG)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (PENG)

USDFY2022FY2023FY2024FY2025FY2026TTM
Revenue$1.40B$1.44B$1.17B$1.37B$1.73B$1.73B
Gross profit$391M$415M$341M$394M$479M—
Operating income$67.2M$8.7M$18.3M$58.1M$166M$166M
Net income$66.6M-$188M-$52.5M$25.4M$181M$181M
EPS (diluted)$1.22-$3.65-$1.00$0.28$2.60—
Free cash flow$84.6M$65.0M$57.8M$100M-$163M-$163M
Gross margin28.0%28.8%29.1%28.8%27.7%—
Operating margin4.8%0.6%1.6%4.2%9.6%9.6%
Net margin4.8%-13.0%-4.5%1.9%10.4%10.4%
Revenue growth+32.2%+3.3%-18.8%+16.9%+26.5%—
Cash + short-term investments$313M$391M$389M$454M——
Total debt$584M$790M$657M$462M$789M—

Fiscal years end Aug. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Aug 28, 2026) (PENG)

P/E 14.7x · P/S 1.5x · P/B 5.1x · FCF yield -6.15% · Earnings yield 6.79% · Buyback yield (TTM) 2.80%

P/E at fiscal year-ends: Aug 2026 16.0x, Aug 2025 51.7x.

Superinvestors (SEC 13F-HR, Q2 2026) (PENG)

1 of 80 tracked investors hold PENG. Each row is the investor's latest 13F; change is vs their prior-quarter share count.

InvestorFirm% of portfolioValueChange
Polen CapitalPolen Capital Management0.02%$2.2MNew position

Insider sales (SEC Form 4, open-market, last ~7 months) (PENG)

13 of 16 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

Trade dateInsiderRoleSharesValue% of holdings sold10b5-1 planInsider type
2026-10-22Kuykendall AnneSVP and Chief Legal Officer738$41K0.5%Yes (adopted November 11, 2025)Too little history (no open-market trades in 2023–2025)
2026-08-24Kuykendall AnneSVP and Chief Legal Officer4,000$202K3.4%Yes (adopted November 11, 2025)Too little history (no open-market trades in 2023–2025)
2026-07-23Clark Joseph GatesSVP and Pres, Optimized LED1,327$76K2.1%Yes (adopted November 11, 2025)Opportunistic (traded every year 2023–2025, no repeating month)
2026-07-22Kuykendall AnneSVP and Chief Legal Officer739$41K0.6%Yes (adopted November 11, 2025)Too little history (no open-market trades in 2023–2025)
2026-06-15Kuykendall AnneSVP and Chief Legal Officer4,000$258K3.2%Yes (adopted November 11, 2025)Too little history (no open-market trades in 2023–2025)
2026-06-01Clark Joseph GatesSVP and Pres, Optimized LED10,351$609K13.5%Yes (adopted November 11, 2025)Opportunistic (traded every year 2023–2025, no repeating month)
2026-05-26Kuykendall AnneSVP and Chief Legal Officer4,000$218K3.1%Yes (adopted November 11, 2025)Too little history (no open-market trades in 2023–2025)
2026-05-14Straub Maximiliane CDirector3,000$147K5.5%NoToo little history (no open-market trades in 2023–2025)
2026-05-11…2026-05-12Straub Maximiliane CDirector12,000$537K17.9%NoToo little history (no open-market trades in 2023–2025)
2026-05-11…2026-05-12Nayyar SandeepDirector20,000$890K44%NoToo little history (no open-market trades in 2024 or 2025)
2026-05-08Clark Joseph GatesSVP and Pres, Optimized LED5,000$200K6.1%Yes (adopted November 11, 2025)Opportunistic (traded every year 2023–2025, no repeating month)
2026-05-05Clark Joseph GatesSVP and Pres, Optimized LED5,000$174K5.8%Yes (adopted November 11, 2025)Opportunistic (traded every year 2023–2025, no repeating month)
2026-04-23…2026-04-24Clark Joseph GatesSVP and Pres, Optimized LED6,485$190K7%Yes (adopted November 11, 2025)Opportunistic (traded every year 2023–2025, no repeating month)
2026-04-22Kuykendall AnneSVP and Chief Legal Officer738$21K0.6%Yes (adopted November 11, 2025)Too little history (no open-market trades in 2023–2025)
2026-04-16Clark Joseph GatesSVP and Pres, Optimized LED5,000$134K5.1%Yes (adopted November 11, 2025)Opportunistic (traded every year 2023–2025, no repeating month)
2026-04-09Clark Joseph GatesSVP and Pres, Optimized LED12,546$283K11.2%Yes (adopted November 11, 2025)Opportunistic (traded every year 2023–2025, no repeating month)

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Analysts (PENG)

Consensus Buy (mean 2.13 on a 1–5 scale), 8 analysts; mean target USD 85.63 (low 60, high 100).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-10-07RosenblattTarget raisedBuy$80 → $100
2026-10-07BarclaysTarget raisedUnderweight$40 → $60
2026-10-07StifelTarget raisedBuy$75 → $85
2026-10-07NeedhamTarget raisedBuy$80 → $85
2026-10-02RosenblattMaintainedBuy$80
2026-07-20BarclaysDowngradeEqual-Weight → Underweight$40
2026-07-09BarclaysTarget raisedEqual-Weight$27 → $40
2026-07-08StifelTarget raisedBuy$66 → $75
2026-07-08RosenblattTarget raisedBuy$75 → $80
2026-07-08CitizensTarget raisedMarket Outperform$65 → $85
2026-07-08NeedhamTarget raisedBuy$60 → $80
2026-07-06RosenblattTarget raisedBuy$65 → $75

Total return (dividends reinvested) (PENG)

1Y (from 2025-10-23)5Y (from 2021-10-18)
Total return+138.9%+108.2%
S&P 500 (SPY)+14.9%+80.3%
Per year+139.6%+15.8%
Volatility (annualized)85.0%67.5%
Max drawdown-46.3% (Jul 2026→Jul 2026)-63.7% (Dec 2021→Oct 2022)

PENG revenue by business segment (quarter ended Aug 28, 2026)

LineRevenueShare of totalYoY
Integrated Memory$340.8M60.1%+157.9%
Advanced Computing$154.0M27.2%+11.4%
Optimized LED$71.9M12.7%+6.6%
Total revenue$566.7M100%—

PENG revenue by product line (fiscal year ended Aug 28, 2026)

LineRevenueShare of totalYoY
Products$1.48B85.5%+34.1%
Services$250.5M14.5%-5.2%
Total revenue$1.73B100%—

PENG revenue by region (fiscal year ended Aug 28, 2026)

LineRevenueShare of totalYoY
United States$759.4M43.9%-2.2%
Other$302.9M17.5%+88.0%
CHINA$301.7M17.4%+61.4%
Mexico$264.9M15.3%+79.9%
Europe$102.5M5.9%+5.7%
Total revenue$1.73B100%—

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

PENG suppliers, customers and competitors (named in its 10-K)

RelationshipCompanySentence in the filing
SupplierSamsung Semiconductor“Our semiconductor suppliers include many of the world's largest memory manufacturers, including Samsung Semiconductor, Inc., Micron Technology, Inc., SK hynix, Inc., International Business Machines Corporation, and Kioxia Holdings Corporation.”
SupplierMicron Technology (MU)“Our semiconductor suppliers include many of the world's largest memory manufacturers, including Samsung Semiconductor, Inc., Micron Technology, Inc., SK hynix, Inc., International Business Machines Corporation, and Kioxia Holdings Corporation.”
SupplierSK hynix“Our semiconductor suppliers include many of the world's largest memory manufacturers, including Samsung Semiconductor, Inc., Micron Technology, Inc., SK hynix, Inc., International Business Machines Corporation, and Kioxia Holdings Corporation.”
SupplierIBM (IBM)“Our semiconductor suppliers include many of the world's largest memory manufacturers, including Samsung Semiconductor, Inc., Micron Technology, Inc., SK hynix, Inc., International Business Machines Corporation, and Kioxia Holdings Corporation.”
SupplierKioxia“Our semiconductor suppliers include many of the world's largest memory manufacturers, including Samsung Semiconductor, Inc., Micron Technology, Inc., SK hynix, Inc., International Business Machines Corporation, and Kioxia Holdings Corporation.”
SupplierIntel (INTC)“They also include some of the world's largest providers of computing, communications and graphics processors, including Intel Corporation ("Intel"), Advanced Micro Devices, Inc. and TD SYNNEX Corporation; as well as providers of subsystems including Intel; networking products including Super Micro Computer, Inc. and Juniper Networks, Inc.; and suppliers of software products.”
SupplierAMD (AMD)“They also include some of the world's largest providers of computing, communications and graphics processors, including Intel Corporation ("Intel"), Advanced Micro Devices, Inc. and TD SYNNEX Corporation; as well as providers of subsystems including Intel; networking products including Super Micro Computer, Inc. and Juniper Networks, Inc.; and suppliers of software products.”
SupplierTD SYNNEX CORP (SNX)“They also include some of the world's largest providers of computing, communications and graphics processors, including Intel Corporation ("Intel"), Advanced Micro Devices, Inc. and TD SYNNEX Corporation; as well as providers of subsystems including Intel; networking products including Super Micro Computer, Inc. and Juniper Networks, Inc.; and suppliers of software products.”
SupplierSuper Micro Computer (SMCI)“They also include some of the world's largest providers of computing, communications and graphics processors, including Intel Corporation ("Intel"), Advanced Micro Devices, Inc. and TD SYNNEX Corporation; as well as providers of subsystems including Intel; networking products including Super Micro Computer, Inc. and Juniper Networks, Inc.; and suppliers of software products.”
SupplierNEC“Our contract manufacturers include NEC Corporation, Advantech Co., Ltd. and Celestica Inc. We often work with our suppliers in bidding for customers' design-in opportunities.”
SupplierAdvantech“Our contract manufacturers include NEC Corporation, Advantech Co., Ltd. and Celestica Inc. We often work with our suppliers in bidding for customers' design-in opportunities.”
SupplierCelestica (CLS)“Our contract manufacturers include NEC Corporation, Advantech Co., Ltd. and Celestica Inc. We often work with our suppliers in bidding for customers' design-in opportunities.”
PartnerCree Venture LED Company“We have a 51% ownership interest in Cree Venture LED Company Limited ("Cree Joint Venture"), with the remaining 49% ownership interest held by San'an Optoelectronics Co., Ltd ("San'an").”
PartnerOptoelectronics“We have a 51% ownership interest in Cree Venture LED Company Limited ("Cree Joint Venture"), with the remaining 49% ownership interest held by San'an Optoelectronics Co., Ltd ("San'an").”
Related partySK TELECOM CO LTD (SKM)“On May 26, 2025, we entered into an agreement with SKT, a related party, under which we anticipate providing solutions to support SKT's future AI data center infrastructure initiatives.”

Quoted from the company's 10-K filed Oct 20, 2026.

PENG customer concentration

In the period ended Aug 28, 2026, a single direct customer accounted for 20% of revenue, per the company's 10-K filed Oct 20, 2026. The company does not name it.

PENG company outlook (results filed Oct 6, 2026)

Quoted word-for-word from the SEC 8-K results press release.

PENG analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Nov 2026)$1.04$0.72+45.7%$569.2M8
Next quarter (ends Feb 2027)$1.10$0.79+38.3%$589.4M8
Current fiscal year (ends Aug 2027)$4.56$3.35+35.9%$2.45B8
Next fiscal year (ends Aug 2028)$5.26$3.92+34.2%$2.75B5

PENG options: expected move

Options price a move of about ±35.8% (±$18.35) by Jan 15, 2027, which includes earnings on Jan 5, 2027; the earnings reaction alone is priced at about ±12.8%. Over the last 8 reports the stock moved ±13.7% on average.

ExpirationDaysATM implied volatilityExpected move
Nov 20, 20262894.5%±21.4%
Dec 18, 20265688.5%±27.8%
Jan 15, 20278494.0%±35.8%
Mar 19, 202714789.7%±45.0%
Apr 16, 202717590.0%±49.0%
May 21, 202721088.0%±52.4%
Jun 17, 202723787.2%±55.0%
Aug 20, 202730187.2%±61.4%

30-day implied volatility 92.7% vs 100% realized over the last 30 trading days. Put/call ratio (volume) 0.28. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 23, 2026 at 08:43 UTC)

PriceUSD 51.91
Change▼ 11.08% (down)
Previous CloseUSD 58.38
OpenUSD 55.08
Day RangeUSD 51.24 – 56.12
52-Week RangeUSD 16.04 – 89.86
Volume4,198,664 shares
Market Cap$2.66B
ExchangeNMS

Technical Analysis (PENG)

Nexqual's technical model rates PENG "SELL" based on 2 bullish and 4 bearish signals across 127 daily candles, as of October 23, 2026 at 08:43 UTC.

Overall SignalSELL
RSI (14)40.11 (neutral)
vs SMA50Below (USD 56.43)
MACD0.42 (positive)

Analyst Ratings (PENG)

Wall Street analysts rate PENG "Buy" based on 8 analysts, with a mean price target of USD 85.63 (range USD 60–100), per Nexqual as of October 23, 2026 at 08:43 UTC.

Consensus RatingBuy
Analyst Count8
Mean TargetUSD 85.63
High TargetUSD 100
Low TargetUSD 60
Buy / Hold / Sell7 / 0 / 1

Earnings (PENG)

Next Earnings Date2027-01-05
EPS EstimateUSD 1.04
Revenue Estimate$569.24M

Recent Earnings History

QuarterActual vs Estimate
2026-08-31USD 1 vs est 0.77 ▲ beat
2026-05-31USD 0.84 vs est 0.56 ▲ beat
2026-02-28USD 0.52 vs est 0.42 ▲ beat
2025-11-30USD 0.49 vs est 0.44 ▲ beat

Source: Nexqual, October 23, 2026 at 08:43 UTC.

Financials & Fundamentals (PENG)

Total Revenue$1.73B
Revenue Growth (latest quarter, YoY)+67.70%
Gross Margin+27.63%
Operating Margin+13.39%
Profit Margin+10.43%
ROE+27.56%
Debt / Equity1.15
Current Ratio1.88
Total Cash$647.21M
Total Debt$853.19M
Free Cash Flow (last four quarters to Aug 2026, SEC 10-Q / 10-K)-$163.48M (-9.4% of revenue)

Source: Nexqual, October 23, 2026 at 08:43 UTC.

Financial Health Score (PENG)

Nexqual rates Penguin Solutions, Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 08:43 UTC.

GrowthStrong — Revenue +26% YoY (annual)
ProfitabilitySolid — Gross margin 28%, operating 13% (last 12 months)
Balance SheetMixed — $461M cash and investments vs $462M debt (Nov 2025, SEC)
Cash FlowWeak — FCF negative: -$163M (last 4 quarters to Aug 2026, SEC), burning cash
EfficiencyStrong — ROE 28%, ROA 5.1%

Ownership (PENG)

Insider Ownership+3.01%
Institutional Ownership+99.93%
Shares Outstanding51.24M
Float58.33M
Short % of Float+18.70%

Source: Nexqual, October 23, 2026 at 08:43 UTC.

Leadership (PENG)

Penguin Solutions, Inc. is led by Kash Shaikh, CEO, President & Director, per Nexqual as of October 23, 2026 at 08:43 UTC.

CEO, President & DirectorKash Shaikh
Senior VP & President of Optimized LEDJoseph Clark
Senior VP & Chief Revenue OfficerTony Frey
SVP, CFO, Principal Financial Officer & Principal Accounting OfficerStephen Cumming
Chief Technology OfficerPhilip Pokorny

Major Backers & Investors (PENG)

Notable institutional backers of Penguin Solutions, Inc. include FMR, LLC, Invesco, AIM Sector Funds (Invesco Sector Funds)-Invesco Small Cap Value Fund, according to Nexqual as of October 23, 2026 at 08:43 UTC.

Active Investors

InvestorStake
FMR, LLC10.24%
Invesco7.56%
AIM Sector Funds (Invesco Sector Funds)-Invesco Small Cap Value Fund6.47%
Fidelity4.27%
Barrow, Hanley Mewhinney & Strauss, LLC3.28%
American Century Companies Inc3.26%

Index Funds (Passive)

FundStake
BlackRock12.7%
Vanguard Group8.45%
State Street5.19%
Dimensional Fund Advisors3.97%

Source: Nexqual, October 23, 2026 at 08:43 UTC.

From Penguin Solutions, Inc.'s Latest SEC 10-K Filing (filed 2026-10-20)

Key Strengths & Strategy (as disclosed to the SEC)

Partnerships

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

SymbolNamePriceChange
KDKyndryl Holdings, Inc.USD 15.2▲ 5.92%
CSQRCsquare, Inc.USD 14.9▼ 11.83%
DXCDXC Technology CompanyUSD 16.08▲ 4.42%
CHRNChronoScale Holdings CorporatioUSD 15.46▼ 6.98%
CIFRCipher Digital Inc.USD 8.32▼ 8.87%
PONYPony AI Inc.USD 5.02▼ 0.4%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 08:43 UTC. This page is informational and not investment advice.

For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt