Penguin Solutions, Inc. (NASDAQ:PENG) will release earnings results for the fourth quarter, after the closing bell on Tuesday, Oct. 7.
Analysts expect the Milpitas, California-based company to report quarterly earnings at 37 cents per share, versus 37 cents per share in the year-ago period. Penguin Solutions projects to report quarterly revenue at $342.11 million, compared to $311.15 million a year earlier, according to data from Benzinga Pro.
On Aug. 27, Penguin Solutions filed for offering of 6.096 million shares by selling securityholder.
Shares of Penguin Solutions rose 1.4% to close at $27.46 on Thursday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.
- Rosenblatt analyst Kevin Cassidy maintained a Buy rating and raised the price target from $27 to $36 on Oct. 1, 2025. This analyst has an accuracy rate of 81%.
- Needham analyst Quinn Bolton maintained a Buy rating and boosted the price target from $27 to $30 on July 22, 2025. This analyst has an accuracy rate of 84%.
- JP Morgan analyst Samik Chatterjee maintained a Neutral rating and increased the price target from $21 to $24 on July 17, 2025. This analyst has an accuracy rate of 77%.
- Loop Capital analyst Ananda Baruah maintained a Buy rating and boosted the price target from $30 to $35 on July 14, 2025. This analyst has an accuracy rate of 76%.
- Goldman Sachs analyst Michael Ng maintained a Buy rating and raised the price target from $22.5 to $25 on July 9, 2025. This analyst has an accuracy rate of 75%
Considering buying PENG stock? Here’s what analysts think:
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