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$19.37
At close: Jun 16 EDT
$19.37
0.000.00%
Pre-Market: 4:00 PM EDT
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Penguin Solutions Analyst Ratings and Price Targets | NASDAQ:PENG | Benzinga
Penguin Solutions Inc has a consensus price target of $24.94 based on the ratings of 8 analysts. The high is $30 issued by Loop Capital on January 7, 2025. The low is $20 issued by JP Morgan on March 31, 2025. The 3 most-recent analyst ratings were released by Rosenblatt, Goldman Sachs, and Needham on April 17, 2025, April 3, 2025, and April 3, 2025, respectively. With an average price target of $25.5 between Rosenblatt, Goldman Sachs, and Needham, there's an implied 31.65% upside for Penguin Solutions Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Rosenblatt
Goldman Sachs
Needham
JP Morgan
Barclays
1calculated from analyst ratings
Analyst Ratings for Penguin Solutions
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 04/17/2025 | Buy Now | 39.39% | Rosenblatt | Kevin Cassidy75% | $27 → $27 | Maintains | Buy | Get Alert |
| 04/03/2025 | Buy Now | 16.16% | Goldman Sachs | Michael Ng70% | $26 → $22.5 | Maintains | Buy | Get Alert |
| 04/03/2025 | Buy Now | 39.39% | Needham | Quinn Bolton82% | $27 → $27 | Reiterates | Buy → Buy | Get Alert |
| 04/03/2025 | Buy Now | 39.39% | Rosenblatt | Kevin Cassidy75% | $27 → $27 | Maintains | Buy | Get Alert |
| 03/31/2025 | Buy Now | 3.25% | JP Morgan | Samik Chatterjee70% | → $20 | Initiates | → Neutral | Get Alert |
| 01/09/2025 | Buy Now | 18.74% | Barclays | Tom O'Malley64% | $22 → $23 | Maintains | Overweight | Get Alert |
| 01/09/2025 | Buy Now | 39.39% | Needham | Quinn Bolton82% | $25 → $27 | Maintains | Buy | Get Alert |
| 01/07/2025 | Buy Now | 54.88% | Loop Capital | Ananda Baruah74% | → $30 | Initiates | → Buy | Get Alert |
| 12/19/2024 | Buy Now | 39.39% | Rosenblatt | Kevin Cassidy75% | $27 → $27 | Maintains | Buy | Get Alert |
| 11/18/2024 | Buy Now | 18.74% | JMP Securities | Rustam Kanga54% | → $23 | Initiates | → Market Outperform | Get Alert |
| 11/01/2024 | Buy Now | 8.42% | Goldman Sachs | Michael Ng70% | → $21 | Initiates | → Buy | Get Alert |
| 10/16/2024 | Buy Now | 13.58% | Barclays | Tom O'Malley64% | $27 → $22 | Maintains | Overweight | Get Alert |
| 10/16/2024 | Buy Now | 39.39% | Stifel | Brian Chin70% | $32 → $27 | Maintains | Buy | Get Alert |
| 10/16/2024 | Buy Now | 29.07% | Needham | Quinn Bolton82% | $35 → $25 | Maintains | Buy | Get Alert |
FAQ
What is the target price for Penguin Solutions (PENG) stock?
The latest price target for Penguin Solutions (NASDAQ:PENG) was reported by Rosenblatt on April 17, 2025. The analyst firm set a price target for $27.00 expecting PENG to rise to within 12 months (a possible 39.39% upside). 14 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Penguin Solutions (PENG)?
The latest analyst rating for Penguin Solutions (NASDAQ:PENG) was provided by Rosenblatt, and Penguin Solutions maintained their buy rating.
When was the last upgrade for Penguin Solutions (PENG)?
There is no last upgrade for Penguin Solutions
When was the last downgrade for Penguin Solutions (PENG)?
There is no last downgrade for Penguin Solutions.
When is the next analyst rating going to be posted or updated for Penguin Solutions (PENG)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Penguin Solutions, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Penguin Solutions was filed on April 17, 2025 so you should expect the next rating to be made available sometime around April 17, 2026.
Is the Analyst Rating Penguin Solutions (PENG) correct?
While ratings are subjective and will change, the latest Penguin Solutions (PENG) rating was a maintained with a price target of $27.00 to $27.00. The current price Penguin Solutions (PENG) is trading at is $19.37, which is out of the analyst’s predicted range.
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