Added to YB: 2026-07-23
Pitch date: 2026-07-20
PENG [neutral]
Penguin Solutions, Inc.
+5.71%
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
$3.0B
Pitch Price
$56.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
17.21
P/E
41.79
EV/Sales
2.17
Sector
Semiconductors and Semiconductor Equipment
Category
N/A
Penguin Solutions, Inc. - PENG
PENG (update): Stock popped 40% to $90 post-Q3 despite ugly financials & revenue beat driven by unsustainable higher commodity prices, not volume. Then dumped 40% on $750M convert offering (liquidity concerns), arb positioning, AI fears + Barclays downgrade to underweight, $40 PT. Now ~$54.
Read full article (2 min)