Goldman resumed coverage of Penguin Solutions with a rating of Buy and set a new price target of $25.00

Analyst initiated coverage of Penguin Solutions with a rating of Neutral and set a new price target of $20.00

Loop Capital initiated coverage of Penguin Solutions with a rating of Buy and set a new price target of $30.00

JMP Securities initiated coverage of Penguin Solutions with a rating of Mkt Outperform and set a new price target of $23.00

Goldman initiated coverage of Penguin Solutions with a rating of Buy and set a new price target of $21.00

Needham reiterated coverage of Penguin Solutions with a rating of Buy and set a new price target of $25.00 from $35.00 previously

8-K - Penguin Solutions, Inc. (0001616533) (Filer)

DEFA14A - Penguin Solutions, Inc. (0001616533) (Filer)

8-K - Penguin Solutions, Inc. (0001616533) (Filer)

SCHEDULE 13G/A - Penguin Solutions, Inc. (0001616533) (Subject)

10-Q - Penguin Solutions, Inc. (0001616533) (Filer)

8-K - Penguin Solutions, Inc. (0001616533) (Filer)

8-K - Penguin Solutions, Inc. (0001616533) (Filer)

DEFA14A - Penguin Solutions, Inc. (0001616533) (Filer)

DEF 14A - Penguin Solutions, Inc. (0001616533) (Filer)

SCHEDULE 13G/A - Penguin Solutions, Inc. (0001616533) (Subject)

4 - Penguin Solutions, Inc. (0001616533) (Issuer)

4 - Penguin Solutions, Inc. (0001616533) (Issuer)

4 - Penguin Solutions, Inc. (0001616533) (Issuer)

4 - Penguin Solutions, Inc. (0001616533) (Issuer)

4 - Penguin Solutions, Inc. (0001616533) (Issuer)

4 - Penguin Solutions, Inc. (0001616533) (Issuer)

4 - Penguin Solutions, Inc. (0001616533) (Issuer)

4 - Penguin Solutions, Inc. (0001616533) (Issuer)

4 - Penguin Solutions, Inc. (0001616533) (Issuer)

4 - Penguin Solutions, Inc. (0001616533) (Issuer)

Strategic collaboration leverages Dell PowerEdge servers and NVIDIA RTX PRO 6000 Blackwell Server Edition GPUs to deliver high-performance, low-latency voice experiences for mission-critical applications in healthcare and retail Penguin Solutions, Inc. (Nasdaq: PENG), the AI factory platform company, today announced a strategic collaboration with Deepgram and Dell Technologies to architect and deploy a fully optimized, production-ready infrastructure aligned to Deepgram's demanding enterprise voice AI requirements. By leveraging its unique expertise in designing, building, deploying, and managing AI infrastructure with Dell PowerEdge servers and Dell PowerScale storage optimized for AI wo

Breakthrough KV cache technology provides low latency, high throughput inference for AI, accelerated by NVIDIA RTX PRO 6000 Blackwell Server Edition and NVIDIA B300 GPUs Penguin Solutions, Inc. (Nasdaq: PENG), the AI factory platform company, today announced the expansion of its OriginAI® portfolio to include solutions that address the need for more GPU memory to solve context size and concurrency, and meet low latency demands of enterprise-scale AI inference. Penguin Solutions' OriginAI inference solutions seamlessly add large memory appliances to NVIDIA RTX PRO 6000 and NVIDIA B300 GPU designs, helping to shorten time to value and mitigate performance limitations of AI inference. Design

Penguin Solutions MemoryAI KV cache server, an 11TB memory appliance, enables efficient deployment of enterprise-scale AI inference Penguin Solutions, Inc. (Nasdaq: PENG), the AI factory platform company, today announced the industry's first production-ready KV cache server that utilizes CXL memory technology to address the critical "memory wall" challenge in AI inferencing—Penguin Solutions MemoryAI™ KV cache server. This innovative solution delivers up to 11 TB of CXL-based memory engineered to optimize performance of enterprise scale inference, including agentic AI. The result is lower latency, higher throughput, increased efficiency of GPU clusters, consistent achievement of stringent

Penguin Solutions, Inc. ("Penguin Solutions") (Nasdaq: PENG), the AI factory platform company, today announced that the company will host its quarterly financial webcast and conference call for its second quarter fiscal year 2026 earnings after market close on Wednesday, April 1, 2026, beginning at 1:30 p.m. Pacific Time (PT) / 4:30 p.m. Eastern Time (ET). Financial results will be issued in a press release prior to the conference call. The conference call can be accessed by registering online at PENG Q2 FY26 Earnings Call Webcast, at which time registrants will receive dial-in information as well as a conference ID. The live webcast will be accessible from the Penguin Solutions' inves

Penguin Solutions, Inc. (Nasdaq: PENG) ("Penguin Solutions" or the "Company") today announced the grant of inducement equity awards to its new Senior Vice President and Chief Product Officer, Ian Colle, in connection with the commencement of his employment with the Company on March 2, 2026. The independent Compensation Committee of the Board of Directors of the Company (the "Committee") approved the grants to Mr. Colle on March 2, 2026 of time-based restricted stock units with respect to 64,233 shares of Common Stock of the Company (the "RSUs") and performance-based restricted stock units with respect to 64,233 shares of Common Stock of the Company at the target level of performance (the "P

Leader to drive product strategy and execution for AI Factory Platform Penguin Solutions, Inc. (Penguin Solutions; Nasdaq: PENG) today announced the appointment of Ian Colle as senior vice president and chief product officer. He will be responsible for leading product strategy, roadmap development, and lifecycle execution for Penguin's AI Factory Platform. Colle brings 25 years of experience to Penguin Solutions, joining from Amazon Web Services (AWS) where he most recently served as general manager of advanced computing and simulation. At AWS, he helped build a global HPC and AI infrastructure business from the ground up and scale it into a multi-billion-dollar portfolio, leading globall

Penguin Solutions, Inc. (Nasdaq: PENG) ("Penguin Solutions" or the "Company") today announced the grant of inducement equity awards to its new President and Chief Executive Officer, Kash Shaikh, in connection with the commencement of his employment with the Company on February 2, 2026. The independent Compensation Committee of the Board of Directors of the Company (the "Committee") approved the grants to Mr. Shaikh on February 2, 2026 of time-based restricted stock units with respect to 238,188 shares and 137,898 shares of the Company's common stock (the "Initial RSUs" and the "Supplemental RSUs," respectively) and performance-based restricted stock units with respect to 238,188 shares and

A major advance integrated LED technology enhances display performance, efficiency and design simplicity Cree LED®, a Penguin Solutions brand (Nasdaq: PENG), today announced OptiLamp™ LEDs, a new display technology that integrates driver and control intelligence directly into every LED pixel. Built on patented Cree LED technology, the OptiLamp portfolio advances LED display design by delivering superior image quality with reduced power consumption and a streamlined system architecture. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260203886322/en/OptiLamp LEDs from Cree LED redefine what's possible in LED-based displays, comb

Mark Adams to Retire as President and CEO Kash Shaikh Appointed as President and CEO Penguin Solutions, Inc. ("Penguin Solutions" or the "Company") (NASDAQ:PENG), a leading provider of high-performance computing and AI infrastructure solutions, today announced the retirement of Mark Adams as President and Chief Executive Officer and as a Director of the Company. After a thorough search process, the Board has appointed technology veteran Kash Shaikh as President and Chief Executive Officer and as a Director of the Company, effective February 2, 2026. To ensure a smooth transition, Adams will remain with the Company as an advisor for nine months. This press release features multimedia. V

Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and Blizzard Lighting LLC (‘Blizzard') today announced that they have reached a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED's patents related to LED components commonly used in LED displays. As part of the settlement, Cree LED has granted Blizzard a limited license to certain Cree LED patents covering LED components. Cree LED is firmly committed to protecting its intellectual property as part of its broader mission to drive innovation in LED display technology. As a U.S.-based industry leader with significant investments in research, development and product quality, Cree LED actively monitors

Penguin Solutions, Inc. ("Penguin Solutions") (Nasdaq: PENG), the AI factory platform company, today announced that the company will host its quarterly financial webcast and conference call for its second quarter fiscal year 2026 earnings after market close on Wednesday, April 1, 2026, beginning at 1:30 p.m. Pacific Time (PT) / 4:30 p.m. Eastern Time (ET). Financial results will be issued in a press release prior to the conference call. The conference call can be accessed by registering online at PENG Q2 FY26 Earnings Call Webcast, at which time registrants will receive dial-in information as well as a conference ID. The live webcast will be accessible from the Penguin Solutions' inves

Solid First Quarter Driven by Operational Excellence and Memory Growth Penguin Solutions, Inc. ("Penguin Solutions," "we," "us," or the "Company") (NASDAQ: PENG) today reported financial results for the first quarter of fiscal 2026. First Quarter Fiscal 2026 Highlights Net sales of $343 million, up 1% versus the year-ago quarter GAAP gross margin of 28.0%, down 70 basis points versus the year-ago quarter Non-GAAP gross margin of 30.0%, down 80 basis points versus the year-ago quarter GAAP diluted EPS of $0.04 versus $0.10 in the year-ago quarter Non-GAAP diluted EPS of $0.49 for the current and year-ago quarter "In Q1 we expanded our pipeline and made progress on our s

Penguin Solutions, Inc. ("Penguin Solutions") (Nasdaq: PENG), a leading designer and developer of high-performance, high-availability enterprise solutions, today announced that the company will host its quarterly financial webcast and conference call for its first quarter fiscal year 2026 earnings after market close on Tuesday, January 6, 2026, beginning at 1:30 p.m. Pacific Time (PT) / 4:30 p.m. Eastern Time (ET). Financial results will be issued in a press release prior to the conference call. The conference call can be accessed by registering online at PENG Q1 FY26 Earnings Call Webcast, at which time registrants will receive dial-in information as well as a conference ID. The live we

Fiscal 2025 Net Sales up 17% compared to the prior year GAAP EPS of $0.28, up from ($0.85) Non-GAAP EPS of $1.90, up 53% Penguin Solutions, Inc. ("Penguin Solutions," "we," "us," or the "Company") (Nasdaq: PENG) today reported financial results for the fourth quarter and full year fiscal 2025. Fiscal 2025 Highlights Net sales of $1.37 billion versus $1.17 billion in fiscal year 2024 GAAP gross margin of 28.8%, down 30 basis points versus fiscal year 2024 Non-GAAP gross margin of 31.0%, down 90 basis points versus fiscal year 2024 GAAP diluted EPS of $0.28 versus $(0.85) in fiscal year 2024 Non-GAAP diluted EPS of $1.90 versus $1.25 in fiscal year 2024 Fourth Quarte

Penguin Solutions, Inc. ("Penguin Solutions") (NASDAQ: PENG), a leading designer and developer of high-performance, high-availability enterprise solutions, today announced that the company will host its quarterly financial webcast and conference call for its fourth quarter and full year fiscal year 2025 earnings after market close on Tuesday, October 7, 2025, beginning at 1:30 p.m. Pacific Time (PT) / 4:30 p.m. Eastern Time (ET). Financial results will be issued in a press release prior to the conference call. Webcast Information: To access the live webcast: PENG Q4 FY25 Earnings Call Webcast. Conference Call Information: Participants may also listen to the conference call by dialing:

Company raises midpoint of full-year GAAP and Non-GAAP diluted EPS outlook Penguin Solutions, Inc. ("Penguin Solutions," "we," "us," or the "Company") (NASDAQ:PENG) today reported financial results for the third quarter of fiscal 2025. Third Quarter Fiscal 2025 Highlights Net sales of $324 million, up 7.9% versus the year-ago quarter GAAP gross margin of 29.3%, down 30 basis points versus the year-ago quarter Non-GAAP gross margin of 31.7%, down 60 basis points versus the year-ago quarter GAAP diluted EPS of $(0.01) versus $0.10 in the year-ago quarter Non-GAAP diluted EPS of $0.47 versus $0.37 in the year-ago quarter "We delivered solid third quarter results while exe

Penguin Solutions, Inc. ("Penguin Solutions") (Nasdaq: PENG), a leading designer and developer of high-performance, high-availability enterprise solutions, today announced that the company will host its quarterly financial webcast and conference call for its third quarter fiscal year 2025 earnings after market close on Tuesday, July 8, 2025, beginning at 1:30 p.m. Pacific Time (PT) / 4:30 p.m. Eastern Time (ET). Financial results will be issued in a press release prior to the conference call. Webcast Information: To access the live webcast: PENG Q3 FY25 Earnings Call Webcast. Conference Call Information: Participants may also listen to the conference call by dialing: +1-833-470-1428 (

Revenue up 28% compared with year-ago quarter Company raises midpoint of annual revenue outlook Penguin Solutions, Inc. ("Penguin Solutions," "we," "us," or the "Company") (NASDAQ: PENG) today reported financial results for the second quarter of fiscal 2025 and announced the planned retirement of Chief Operating Officer ("COO") and President of Integrated Memory Jack Pacheco. Second Quarter Fiscal 2025 Highlights Net sales of $366 million, up 28.3% versus the year-ago quarter GAAP gross margin of 28.6%, down 20 basis points versus the year-ago quarter Non-GAAP gross margin of 30.8%, down 70 basis points versus the year-ago quarter GAAP diluted EPS of $0.09 versus $(0.26) in the y

Penguin Solutions, Inc. ("Penguin Solutions") (NASDAQ: PENG), a leading designer and developer of high-performance, high-availability enterprise solutions, today announced that the company will host its quarterly financial webcast and conference call for its second quarter fiscal year 2025 earnings after market close on Wednesday, April 2, 2025, beginning at 1:30 p.m. Pacific Time (PT) / 4:30 p.m. Eastern Time (ET). Financial results will be issued in a press release prior to the conference call. Webcast Information: To access the live webcast: PENG Q2 FY25 Earnings Call Webcast Conference Call Information: Participants may also listen to the conference call by dialing: +1-833-470-1428

Revenue up by 24% vs. Q1 FY24, highlighted by 49% growth in Advanced Computing Penguin Solutions, Inc. ("Penguin Solutions," "we," "us," or the "Company") (Nasdaq: PENG) today reported financial results for the first quarter of fiscal 2025. First Quarter Fiscal 2025 Highlights Net sales of $341 million, up 24.4% versus the year-ago quarter GAAP gross margin of 28.7%, down 150 basis points versus the year-ago quarter Non-GAAP gross margin of 30.8%, down 250 basis points versus the year-ago quarter GAAP diluted EPS of $0.10 versus $(0.23) in the year-ago quarter Non-GAAP diluted EPS of $0.49 versus $0.24 in the year-ago quarter "Our strong performance this quarter, highl

Leader to drive product strategy and execution for AI Factory Platform Penguin Solutions, Inc. (Penguin Solutions; Nasdaq: PENG) today announced the appointment of Ian Colle as senior vice president and chief product officer. He will be responsible for leading product strategy, roadmap development, and lifecycle execution for Penguin's AI Factory Platform. Colle brings 25 years of experience to Penguin Solutions, joining from Amazon Web Services (AWS) where he most recently served as general manager of advanced computing and simulation. At AWS, he helped build a global HPC and AI infrastructure business from the ground up and scale it into a multi-billion-dollar portfolio, leading globall

Mark Adams to Retire as President and CEO Kash Shaikh Appointed as President and CEO Penguin Solutions, Inc. ("Penguin Solutions" or the "Company") (NASDAQ:PENG), a leading provider of high-performance computing and AI infrastructure solutions, today announced the retirement of Mark Adams as President and Chief Executive Officer and as a Director of the Company. After a thorough search process, the Board has appointed technology veteran Kash Shaikh as President and Chief Executive Officer and as a Director of the Company, effective February 2, 2026. To ensure a smooth transition, Adams will remain with the Company as an advisor for nine months. This press release features multimedia. V

SC25 attendees will gain valuable insights into manageability, scalability, and performance for advanced solutions that drive enterprise AI forward Penguin Solutions, Inc. (Penguin Solutions, Nasdaq: PENG) today announced its participation at Supercomputing 25 (SC25), the international conference for high-performance computing (HPC), networking, storage, and analysis taking place in St. Louis, Missouri on November 16-21, 2025. Penguin's involvement in the event will include product demonstrations, speaking engagements, and presence on the show floor with partners. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251104689133/en/Pe

Strategic realignment underscores transformation to an AI Infrastructure Solutions Company Penguin Solutions, Inc. (Penguin Solutions; Nasdaq: PENG) (the "Company") today announced the appointment of two new leaders: SVP and Chief Revenue Officer Tony Frey and SVP of Strategy and Corporate Development Ted Gillick. These additions are part of an updated organizational structure that is intended to accelerate growth, support product innovation, and further enable go-to-market strategies in systems, software, services, and end-to-end advanced computing solutions. "We are excited to have Tony and Ted join Penguin Solutions as we strengthen our organization for the future," said President an

SC 13G/A - Penguin Solutions, Inc. (0001616533) (Subject)

SC 13G - Penguin Solutions, Inc. (0001616533) (Subject)