Penguin Solutions (PENG) Projected to Post Quarterly Earnings on Tuesday

Penguin Solutions (NASDAQ:PENG) is projected to issue its Q3 2026 results after the market closes on Tuesday, July 7th. Analysts expect Penguin Solutions to post earnings of $0.5630 per share and revenue of $407.4740 million for the quarter. Parties can check the company’s upcoming Q3 2026 earning overview page for the latest details on the call scheduled for Tuesday, July 7, 2026 at 4:30 PM ET.

Penguin Solutions (NASDAQ:PENG) last released its quarterly earnings results on Wednesday, April 1st. The company reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.09. The company had revenue of $343.00 million during the quarter, compared to analysts’ expectations of $339.00 million. Penguin Solutions had a return on equity of 19.94% and a net margin of 4.07%. On average, analysts expect Penguin Solutions to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Penguin Solutions Stock Up 9.1%

PENG opened at $67.94 on Tuesday. The company has a quick ratio of 1.55, a current ratio of 2.10 and a debt-to-equity ratio of 1.09. The firm has a market cap of $3.45 billion, a P/E ratio of 94.36 and a beta of 2.88. Penguin Solutions has a 52 week low of $16.04 and a 52 week high of $77.40. The business’s fifty day simple moving average is $51.01 and its 200 day simple moving average is $30.74.

Wall Street Analysts Forecast Growth

PENG has been the subject of several analyst reports. Weiss Ratings downgraded shares of Penguin Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 13th. Rosenblatt Securities raised their price target on shares of Penguin Solutions from $54.00 to $65.00 and gave the stock a “buy” rating in a research note on Tuesday, June 2nd. Barclays downgraded shares of Penguin Solutions from an “overweight” rating to an “equal weight” rating and lifted their price target for the stock from $23.00 to $27.00 in a report on Wednesday, April 22nd. Stifel Nicolaus boosted their price objective on shares of Penguin Solutions from $24.00 to $66.00 and gave the company a “buy” rating in a research report on Tuesday, June 2nd. Finally, Wall Street Zen raised shares of Penguin Solutions from a “hold” rating to a “buy” rating in a research note on Sunday, May 17th. Six research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Penguin Solutions presently has an average rating of “Moderate Buy” and a consensus target price of $36.88.

Insider Activity at Penguin Solutions

In related news, SVP Anne Kuykendall sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $64.38, for a total transaction of $257,520.00. Following the completion of the transaction, the senior vice president owned 120,794 shares of the company’s stock, valued at approximately $7,776,717.72. This represents a 3.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Maximiliane C. Straub sold 3,000 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $49.00, for a total transaction of $147,000.00. Following the transaction, the director directly owned 51,975 shares in the company, valued at approximately $2,546,775. This represents a 5.46% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 83,120 shares of company stock valued at $3,486,734 in the last ninety days. 2.90% of the stock is owned by company insiders.

Institutional Trading of Penguin Solutions

Institutional investors and hedge funds have recently made changes to their positions in the company. Kestra Advisory Services LLC purchased a new stake in Penguin Solutions during the fourth quarter valued at about $29,000. Raymond James Financial Inc. purchased a new position in shares of Penguin Solutions in the 2nd quarter worth about $37,000. Advisory Services Network LLC purchased a new position in shares of Penguin Solutions in the 3rd quarter worth about $50,000. Osaic Holdings Inc. lifted its stake in shares of Penguin Solutions by 20.8% in the 2nd quarter. Osaic Holdings Inc. now owns 3,583 shares of the company’s stock valued at $71,000 after purchasing an additional 617 shares in the last quarter. Finally, Globeflex Capital L P purchased a new stake in shares of Penguin Solutions during the 2nd quarter worth about $105,000.

About Penguin Solutions

Penguin Solutions, Inc engages in the designing and development of enterprise solutions worldwide. It operates through three segments: Advanced Computing, Integrated Memory, and Optimized LED. It offers dynamic random access memory modules, solid-state and flash storage, and other advanced integrated memory solutions for networking and telecom, data analytics, artificial intelligence and machine learning applications; and supply chain services, including procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging services.