Price$60.33-2.35 (-3.76%)
12:45 PM07:45 PM
News · 26 weeks77+71%
2026-01-182026-07-12
Mix3990d
- Insider16(41%)
- Other10(26%)
- SEC Filings8(21%)
- Leadership2(5%)
- Earnings2(5%)
- Analyst1(3%)
Latest news
25 items- SECPenguin Solutions Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Unregistered Sales of Equity Securities8-K - Penguin Solutions, Inc. (0001616533) (Filer)
- PRPenguin Solutions Announces Closing of Oversubscribed Convertible Notes Offering$750 million convertible senior notes; 0.00% coupon; 50.0% conversion premium Strong investor demand supported the initial purchasers’ full exercise of their $100 million option Refinancing enhances capital structure, extends debt maturities, and reduces interest expense With the capped calls, Penguin anticipates no net dilution from the Notes until Penguin’s share price exceeds approximately $175.05 per share, or an approximately 125% increase above Penguin’s closing price at pricing Penguin Solutions, Inc., the AI Factory Platform Company ("Penguin," "we" or the "Company") (NASDAQ:PENG), today announced that it has closed its previously announced private offering of $750.0 mi
- INSIDERNew insider Johnson Aaron Michael claimed ownership of 32,778 shares (SEC Form 3)3 - Penguin Solutions, Inc. (0001616533) (Issuer)
- SECSEC Form SCHEDULE 13G filed by Penguin Solutions Inc.SCHEDULE 13G - Penguin Solutions, Inc. (0001616533) (Subject)
- PRPenguin Solutions Announces Pricing of Private Offering of $650.0 Million of 0.00% Convertible Notes and Refinancing to Enhance Capital StructureEnhances capital structure and extends debt maturities through opportunistic refinancing of certain existing convertible notes Reduces potential dilution upon conversion of notes through capped call transactions Strengthens financial flexibility Penguin Solutions, Inc., the AI Factory Platform Company ("Penguin," "we" or the "Company") (NASDAQ:PENG), today announced the pricing of $650.0 million in aggregate principal amount of convertible senior notes due 2031 (the "Notes") to be offered and sold to qualified institutional buyers as defined in Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Concurrently with the offering, the Company expects to exch
- PRPenguin Solutions Announces Proposed Private Offering of Convertible Notes and Refinancing to Enhance Capital StructurePenguin Solutions, Inc. ("Penguin," "we" or the "Company") (NASDAQ:PENG) today announced it intends to offer $650.0 million in aggregate principal amount of convertible senior notes due 2031 (the "Notes") to qualified institutional buyers as defined in Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), subject to market and other conditions. Concurrently with the offering, the Company expects to enter into privately negotiated exchanges of a portion of certain existing convertible senior notes due 2029 and 2030. The Company also expects to grant to the initial purchasers of the Notes an option to purchase, for settlement within a period of 13 days from, and inclu
- SECSEC Form 10-Q filed by Penguin Solutions Inc.10-Q - Penguin Solutions, Inc. (0001616533) (Filer)
- SECPenguin Solutions Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits8-K - Penguin Solutions, Inc. (0001616533) (Filer)
- PRPenguin Solutions Reports Q3 Fiscal 2026 Financial ResultsDelivers Record Quarterly Results and Raises Full-Year Outlook for Both Net Sales and EPS, Reflecting AI-Driven Demand Penguin Solutions, Inc. ("Penguin Solutions," "we," "us," or the "Company") (Nasdaq: PENG) today reported financial results for the third quarter of fiscal 2026. Third Quarter Financial Highlights Record net sales of $479 million, up 48% versus the year-ago quarter Record Q3 GAAP operating income of $51 million, up 417% versus the year-ago quarter Record Q3 Non-GAAP operating income of $64 million, up 67% versus the year-ago quarter Q3 GAAP diluted EPS of $0.68 versus $(0.01) in the year-ago quarter Q3 Non-GAAP diluted EPS of $0.84 versus $0.47 in the yea
- SECAmendment: Penguin Solutions Inc. filed SEC Form 8-K: Leadership Update8-K/A - Penguin Solutions, Inc. (0001616533) (Filer)
- PRPenguin Solutions Expands ClusterWareAI Operating System Software for AI Factories with AI-Powered Operations and Automated RemediationNew AI Factory Operations Agent, Automated GPU Remediation for Kubernetes Workloads, and Expanded Health Visibility Improve AI Factory Performance and ResiliencePenguin Solutions, Inc. (Nasdaq: PENG), the AI Factory Platform Company, today announced its latest ClusterWareAI™ AI Factory Platform Operating System Software. The updated ClusterWareAI software enables AI operators to optimize AI factory performance, improve workload resilience, and simplify operations across an entire AI factory.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260625819236/en/Penguin Solutions latest ClusterWareAI AI Factory Platform Operating System sof
- PRPenguin Solutions Becomes an NVIDIA AI Factory Specialized PartnerRecognition validates Penguin's expertise designing, building, deploying, and managing full-stack, NVIDIA-based AI factory infrastructure for enterprises, sovereign AI initiatives, and neocloud providers Penguin Solutions, Inc. (Nasdaq: PENG), the AI Factory Platform Company, today announced it has become an NVIDIA AI Factory Specialized Partner, joining a select group of NVIDIA Partner Network (NPN) solution providers. Penguin achieved this invitation-only NVIDIA AI Factory specialization by completing NVIDIA’s comprehensive training, maintaining the relevant competencies, meeting solution requirements, and bringing proven experience in designing, building, deploying, and operating full-
- INSIDERSVP and Chief Legal Officer Kuykendall Anne sold $257,501 worth of shares (4,000 units at $64.38) as part of a pre-agreed trading plan, decreasing direct ownership by 3% to 120,794 units (SEC Form 4)4 - Penguin Solutions, Inc. (0001616533) (Issuer)
- PRPenguin Solutions Announces Third Quarter Fiscal 2026 Conference CallPenguin 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 third quarter fiscal year 2026 earnings after market close on Tuesday, July 7, 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 Q3 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 investor r
- INSIDERSVP and Pres, Optimized LED Clark Joseph Gates sold $609,413 worth of shares (10,351 units at $58.87) as part of a pre-agreed trading plan, decreasing direct ownership by 13% to 66,425 units (SEC Form 4)4 - Penguin Solutions, Inc. (0001616533) (Issuer)
- PRCree LED Introduces XLamp XE-B LEDs for Directional Lighting Applications, Delivering High Intensity and Design Flexibility in an Ultra-Compact PackageNew addition to the XLamp Element family enables superior color mixing, higher intensity and miniaturized optical designs for high-performance lighting applications Cree LED®, a Penguin Solutions brand (Nasdaq: PENG), today announced its new XLamp® XE-B LEDs, extending the industry-leading XLamp Element family into an even smaller form factor to enable new levels of design flexibility and performance. The XE-B LEDs feature an ultra-compact 0.9 × 1.4 mm package engineered to deliver high intensity in optical systems, whether used individually or in arrays. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260602145871/en/Smaller L
- SECPenguin Solutions Inc. filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure8-K - Penguin Solutions, Inc. (0001616533) (Filer)
- PRPenguin Solutions Announces CFO TransitionCompany Reaffirms Full-Year Fiscal 2026 Outlook with Both Net Sales and Diluted EPS Expected to Be at the High End of Outlook Range for Full-Year Fiscal 2026 Supported by Agentic AI-Driven Demand Penguin Solutions, Inc. (Nasdaq: PENG), the AI Factory Platform Company, today announced that Nate Olmstead, Senior Vice President and Chief Financial Officer, will step down as the CFO of the company on July 8, 2026 to pursue a new opportunity in a different industry. Aaron Johnson, Penguin Solutions' Vice President of Finance and Accounting, will succeed Mr. Olmstead as Interim CFO, effective July 9, 2026. Mr. Johnson is a seasoned finance and accounting executive with over 16 years of public
- INSIDERSVP and Chief Legal Officer Kuykendall Anne sold $217,794 worth of shares (4,000 units at $54.45) as part of a pre-agreed trading plan, decreasing direct ownership by 3% to 124,794 units (SEC Form 4)4 - Penguin Solutions, Inc. (0001616533) (Issuer)
- INSIDERDirector Heard David W was granted 4,485 shares (SEC Form 4)4 - Penguin Solutions, Inc. (0001616533) (Issuer)
- INSIDERSEC Form 3 filed by new insider Heard David W3 - Penguin Solutions, Inc. (0001616533) (Issuer)
- INSIDERDirector Straub Maximiliane C sold $147,000 worth of shares (3,000 units at $49.00), decreasing direct ownership by 5% to 51,975 units (SEC Form 4)4 - Penguin Solutions, Inc. (0001616533) (Issuer)
- SECPenguin Solutions Inc. filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure, Financial Statements and Exhibits8-K - Penguin Solutions, Inc. (0001616533) (Filer)
- PRPenguin Solutions Strengthens AI Factory Platform Strategy with Appointment of David Heard to Board of DirectorsPenguin Solutions, Inc. ("Penguin Solutions" or the "Company") (Nasdaq: PENG), the AI Factory Platform company, today announced that David Heard, President of Network Infrastructure at Nokia, has been appointed to Penguin Solutions' board of directors, effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260518589175/en/David Heard, President of Network Infrastructure at Nokia, has been appointed to Penguin Solutions' board of directors. His track record of operational execution and scaling global businesses is expected to complement the board's expertise as Penguin Solutions continues to converge its capabiliti
- INSIDERDirector Straub Maximiliane C sold $537,359 worth of shares (12,000 units at $44.78), decreasing direct ownership by 18% to 54,975 units (SEC Form 4)4 - Penguin Solutions, Inc. (0001616533) (Issuer)
PENG FAQ
6 questionsWhere does PENG stock trade?
Penguin Solutions Inc. (PENG) is listed on NASDAQ.What sector and industry is PENG in?
Penguin Solutions Inc. operates in the Technology sector, Semiconductors industry.When did Penguin Solutions Inc. go public?
Penguin Solutions Inc. (PENG) completed its IPO in 2017.What are analysts saying about PENG?
Penguin Solutions Inc. has had 7 recent analyst actions on file. The most recent action was from Barclays: Equal Weight with a $2700.00 price target on 2026-04-22. Recent price targets range from $2000.00 to $3000.00.What companies are similar to PENG?
Notable peers in the same industry include NVDA (NVIDIA Corporation), TSM (Taiwan Semiconductor Manufacturing Company Ltd.), AVGO (Broadcom Inc.), MU (Micron Technology Inc.), AMD (Advanced Micro Devices Inc.). Compare PENG side-by-side with any of them on Quantisnow.How can I track PENG on Quantisnow?
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