JMP Securities initiated coverage on Penguin Solutions with a new price target
$PENG
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Technology
JMP Securities initiated coverage of Penguin Solutions with a rating of Mkt Outperform and set a new price target of $23.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/13/2026 | $25.00 | Buy | Goldman |
| 3/31/2025 | $20.00 | Neutral | Analyst |
| 1/7/2025 | $30.00 | Buy | Loop Capital |
| 11/18/2024 | $23.00 | Mkt Outperform | JMP Securities |
| 11/1/2024 | $21.00 | Buy | Goldman |
| 10/16/2024 | $35.00 → $25.00 | Buy | Needham |
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
8-K - Penguin Solutions, Inc. (0001616533) (Filer)
DEFA14A - Penguin Solutions, Inc. (0001616533) (Filer)
8-K - Penguin Solutions, Inc. (0001616533) (Filer)
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
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
SC 13G/A - Penguin Solutions, Inc. (0001616533) (Subject)
SC 13G - Penguin Solutions, Inc. (0001616533) (Subject)
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