PENG
Penguin Solutions, Inc. Ordinary SharesPENG
PENG
About: Penguin Solutions Inc is an end-to-end technology company engaged in Intelligent Platform Solutions, Integrated Memory, and Optimized LED business. Its product include Servers, software, OCP HPC & AI system, Racks and Edge. Servers include AMD-based Serves, Intel-based Servers, etc. Software products include Scyld ClusterWare, Scyld Cloud Central, etc. OCP HPC & AI Systems includes OCP Servers & Storage and etc.
Employees: 2,700
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
21% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 63
10% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 41
2% less funds holding
Funds holding: 199 [Q2] → 195 (-4) [Q3]
8% less capital invested
Capital invested by funds: $1.29B [Q2] → $1.18B (-$109M) [Q3]
25% less funds holding in top 10
Funds holding in top 10: 4 [Q2] → 3 (-1) [Q3]
34% less call options, than puts
Call options by funds: $3.83M | Put options by funds: $5.83M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$21
7%
upside
Avg. target
$24
23%
upside
High target
$27
38%
upside
6 analyst ratings
6 positive
100%
0 neutral
0%
0 negative
0%
Rosenblatt Kevin Cassidy 44% 1-year accuracy 24 / 54 met price target | 38%upside $27 | Buy Maintained | 19 Dec 2024 |
JMP Securities Rustam Kanga 50% 1-year accuracy 1 / 2 met price target | 17%upside $23 | Market Outperform Initiated | 18 Nov 2024 |
Goldman Sachs Michael Ng 77% 1-year accuracy 17 / 22 met price target | 7%upside $21 | Buy Initiated | 1 Nov 2024 |
Barclays Tom O'Malley 50% 1-year accuracy 22 / 44 met price target | 12%upside $22 | Overweight Maintained | 16 Oct 2024 |
Stifel Brian Chin 12% 1-year accuracy 3 / 26 met price target | 38%upside $27 | Buy Maintained | 16 Oct 2024 |
Financial journalist opinion
Based on 5 articles about PENG published over the past 30 days
Neutral
Business Wire
1 week ago
CreeLED Inc. Files Patent Infringement Lawsuit Against ADJ Products, LLC
DURHAM, N.C.--(BUSINESS WIRE)---- $PENG #ADJProductsLLC--Cree LED announced it has filed a patent infringement lawsuit in the U.S. District Court for the Northern District of Calif against ADJ Products, LLC.
Neutral
Business Wire
1 week ago
Cree LED and Daktronics Enter Licensing Agreement for LED Display Technology
DURHAM, N.C.--(BUSINESS WIRE)---- $PENG #CreeLED--Cree LED and Daktronics announced a multi-year, global patent license agreement effective Dec 2024 to Daktronics for Cree LED's patented technology.
Neutral
Business Wire
1 week ago
Penguin Solutions Announces Closing of $200 Million Strategic Investment from SK Telecom
MILPITAS, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions today announced the closing of the previously announced strategic investment of SK Telecom (NYSE: SKM), an affiliate of SK Group.
Neutral
Business Wire
1 week ago
Penguin Solutions Announces First Quarter Fiscal 2025 Financial Conference Call
MILPITAS, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions today announced it will host its financial webcast & conf call for Q1FY2025 earnings after market close on Jan 8, 2025 at 4:30 pm ET.
Positive
MarketBeat
3 weeks ago
Why Penguin Solutions Could Be the AI Sleeper Stock of 2025
With semiconductor stocks, there is a particular desire to find the next big thing. This comes from the incredible success of stocks like NVIDIA NASDAQ: NVDA and Taiwan Semiconductor Manufacturing NYSE: TSM.
Neutral
Business Wire
1 month ago
Stratus to Showcase Secure, Zero-Touch Computing and Edge-to-Cloud Smart Manufacturing at Automation Fair 2024
MAYNARD, Mass.--(BUSINESS WIRE)---- $PENG #AutomationFair--Stratus announced its participation at Rockwell Automation Fair, Nov 18-21 in Anaheim, to showcase its fault tolerant, zero-touch computing platforms.
Neutral
Business Wire
1 month ago
Penguin Solutions OriginAI Infrastructure Now Available with Additional GPUs and Enhanced Cluster Management Capabilities
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced the latest NVIDIA and AMD GPUs as well as Dell Technologies AI-optimized hardware to its OriginAI infrastructure solution.
Neutral
Business Wire
1 month ago
Penguin Solutions Announces Availability of Next-Gen Altus HPC Servers with AMD EPYC 9005 Series Processors
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced availability of its Altus servers powered by AMD EPYC 9005 processors providing best in-class price-to-performance value.
Positive
Benzinga
1 month ago
Penguin Solutions Unlocks ROI With AI Investment Wave, Says Bullish Analyst
Shares of enterprise AI solutions innovator Penguin Solutions Inc PENG have shed almost 20% in the past six months.
Neutral
Business Wire
1 month ago
Penguin Solutions Accelerates Time to Value for AI Factories
FREMONT, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced at SC24 its collaboration with Dell Technologies to deliver complete AI solutions that accelerate customers time to value.
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