Professional
Added to YB: 2024-10-03
Pitch date: 2024-10-01
SGH [neutral]
Penguin Solutions, Inc.
+2.96%
current return
Author Info
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Company Info
Penguin Solutions, Inc. designs, builds, deploys and manages enterprise solutions worldwide. The company operates through three segments: Advanced Computing, Integrated Memory, and Optimized LED.
Market Cap
$1.2B
Pitch Price
$20.24
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.93
P/E
81.64
EV/Sales
1.10
Sector
Semiconductors and Semiconductor Equipment
Category
turnaround
(NAS:SGH) Smart Global Holdings: Pivoting to an AI Specialist
SGH neutral rating: Transitioning from diversified holding to HPC focus via Penguin Solutions. Flat revenue YoY, unlike cloud-focused rivals. On-prem AI potential, but cloud dominance persists. Opportunities in edge computing, defense spending. Risks: rapid cloud/AI evolution, leadership uncertainty. Cheap, but execution unclear. Awaiting evidence of HPC growth and enterprise AI adoption.
Read full article (5 min)