JMP Securities initiated coverage on Penguin Solutions with a new price target
$PENG
Semiconductors
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 |
|---|---|---|---|
| 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 |
S-3ASR - Penguin Solutions, Inc. (0001616533) (Filer)
SCHEDULE 13G/A - Penguin Solutions, Inc. (0001616533) (Subject)
8-K - Penguin Solutions, Inc. (0001616533) (Filer)
Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and ADJ Products, LLC (ADJ) 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 granted ADJ 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 the global market
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:
Penguin Solutions, Inc. (Penguin Solutions; Nasdaq: PENG) ("Penguin Solutions" or the "Company") today announced the grant of inducement equity awards to its new Senior Vice President and Chief Revenue Officer, Tony Frey, in connection with the commencement of his employment with the Company on August 25, 2025. The independent Compensation Committee of the Board of Directors of the Company (the "Committee") approved the grant to Mr. Frey, on August 25, 2025, of time-based restricted stock units with respect to 51,858 shares of Common Stock of the Company (the "RSUs") and performance-based restricted stock units with respect to 51,858 shares of Common Stock of the Company at the target level
4 - Penguin Solutions, Inc. (0001616533) (Issuer)
4 - Penguin Solutions, Inc. (0001616533) (Issuer)
4 - Penguin Solutions, Inc. (0001616533) (Issuer)
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
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 (
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)