PENGNMSTechnology·Information Technology Services#37 in industry

Penguin Solutions, Inc.

Reports in 66d· 2026-07-01

+47.0% · 90d

$29.05

-1.64 (-5.34%)

News

(2)

April 2026

Apr 1, 20263 weeks ago8-KTechnology

Penguin Solutions, Inc. — 8-K Filing

PENGPenguin Solutions, Inc.

# 🧾 What This Document Is This is an **8-K filing**, which is a report companies must file with the SEC to announce major, shareholder-relevant events. This specific update announces that Penguin Solutions has completely sold its stake in a business unit. Think of it as a formal press release filed

Read summaryView on SEC EDGAR

Apr 1, 20263 weeks ago8-KTechnology

Penguin Solutions, Inc. — 8-K Filing

PENGPenguin Solutions, Inc.

# 🧾 What This Document Is This is a quarterly earnings report (an 8-K filing with a press release attached) for Penguin Solutions, Inc. It's a standard update for investors, showing how the company performed financially in the most recent three-month period and what they expect for the rest of the

Read summaryView on SEC EDGAR

Key Data

Market Cap$1.53B

Open$31.10

Prev Close$30.69

Day Range$28.98 – $31.30

52W Range$16.04 – $31.30

Volume1,072,763

P/E (TTM)41.50

EPS$0.70

Dividend Yield—

Beta2.22

Profit Margin4.07%

Revenue Growth-6.20%

Price Target$29.29(+0.8%)

Next Earnings2026-07-01(66d)

Analyst Ratings

Strong Buy7 analysts

Buy 6Hold 1Sell 0

About

Penguin Solutions, Inc. designs, builds, deploys and manages enterprise solutions worldwide. The company operates through three segments: Advanced Computing, Integrated Memory, and Optimized LED. It offers hardware, software, and services focusing on technical computing for core and cloud environments through high-performance computing and AI solutions under the Penguin Solutions, Penguin Computing, Stratus, and Penguin Edge brands. The company also provides Penguin Solutions OriginAI, an AI infrastructure solution for customers deploying GPUs at scale; continuous availability of customers critical data and applications in data centers and edge locations under the Stratus brand products; and dynamic random-access memory, modules, solid-state/flash storage, and other integrated memory solutions to networking and telecom, data analytics, AI, and ML under the SMART Modular Technologies brand. In addition, it provides Zefr, a memory module; Altus and AMD EPYC based servers for expansive memory for AI workloads; flash memory products comprising solid-state drives, Serial Advanced Technology Attachment, and PCIe NVMe products in 2.5 enclosures, M.2, EDSFF, and other module form factors; and multimediacard and embedded and removable USB products, and SD and microSD Card configurations, as well as firmware development. Further, the company offers procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging supply chain services; and LEDs under the Cree LED brand; Cree LED XLamp and J Series packaged LED components. It serves OEMs, enterprise, government, and other end customers through direct and third-party channels. The company has a collaboration with Deepgram and Dell Technologies. The company was formerly known as SMART Global Holdings, Inc. and changed its name to Penguin Solutions, Inc. in October 2024. Penguin Solutions, Inc. was founded in 1988 and is headquartered in Fremont, California.

Technology · Information Technology Services

2,900 employees

www.penguinsolutions.com