Key TakeawaysPenguin Solutions shares rose 13% after record fiscal fourth-quarter sales of $567 million, up 68%, and non-GAAP EPS of $1. 00, well above the 77-cent consensus.

Detailed price information for Penguin Solutions Inc (PENG-Q) from The Globe and Mail including charting and trades.

Penguin Solutions (NASDAQ:PENG) Shares Gap Up After Strong Earnings

Needham & Company LLC raised their target price on shares of Penguin Solutions from $80.00 to $85.00 and gave the stock a "buy" rating in a report on Wednesday.

(Updates with the stock move in the headline and first paragraph and previous guidance in third-to-l

Shares of semiconductor maker Penguin Solutions (NASDAQ:PENG) jumped 3.7% in the pre-market session after the company announced third-quarter 2026 financial results and raised its fiscal 2027 outlook beyond its preliminary growth view.

Penguin Solutions Inc. (NASDAQ:PENG) ended 13.08 percent higher on Wednesday at $72.61 apiece, as investors resumed buying positions after the company recorded an over-ninefold jump in profits in the fourth quarter of fiscal year 2026. In an updated report, the AI factory platform firm said that its attributable net income surged by 888 percent to […]

What the earnings surprise tells you about Penguin Solutions today Penguin Solutions (PENG) just delivered a clear earnings surprise, with quarterly sales of US$566.69 million and net income of US$93.2 million, and raised its fiscal 2027 outlook backed by AI focused demand. That combination of an earnings beat, stronger guidance for next year, and a new CFO focused on scaling operations has turned Penguin Solutions into a fresh case study in how AI oriented hardware suppliers are being priced...

Penguin Solutions (NASDAQ:PENG) shares were up over 15% at $73.88 on Wednesday morning after the artificial intelligence (AI) infrastructure company reported record fourth-quarter results and raised its fiscal 2027 outlook. The company reported fourth-quarter revenue of $567 million, up 68%...