Penguin Solutions, Inc. (PENG)Technology | Information Technology Services | Fremont, United States | NasdaqGS
77.21 USD
-1.14
(-1.455%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 71.92 -5.29 (-5.290%) ⇩ (July 13, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 4:14 a.m. EDT
Penguin Solutions is riding a massive momentum wave fueled by its AI factory partnership with Nvidia, trading significantly above its 200-day average despite a recent pullback. The long-term outlook remains cautious due to the company's negative free cash flow and high debt-to-equity ratio, which prevent it from being classified as a fortress balance sheet. While the revenue growth is explosive at nearly 48%, the valuation is stretched with a trailing P/E near 60x. The dividend yield is non-existent, making income investors ineligible. The options market reflects this tension, with heavy call activity near the money but substantial put volume at lower strikes acting as a floor. This is a high-beta, high-risk play suitable for aggressive capital, but the lack of free cash flow and elevated debt-to-equity ratio makes it unsuitable for a core long-term holding. Investors should watch for a stabilization in cash burn before adding to positions. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.403736 |
| AutoTheta | 0.485937 |
| MSTL | 0.632004 |
| AutoETS | 0.648658 |
Forecast horizon: 60 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 22% |
| H-stat | 22.49 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.037 |
| Excess Kurtosis | -0.83 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 77.496 |
| Revenue per Share | 28.801 |
| Market Cap | 3,956,448,768 |
| Trailing P/E | 55.55 |
| Forward P/E | 23.09 |
| Beta | 2.83 |
| Profit Margins | 6.44% |
| Previous Name | SMART Global Holdings, Inc. |
| Website | https://www.penguinsolutions.com |
As of July 11, 2026, 4:14 a.m. EDT: Speculators are positioning for continued volatility with heavy option open interest concentrated around the current price ($75-$80) for calls and lower strikes ($35-$60) for puts. Implied volatility is elevated, suggesting traders expect significant moves following the Nvidia partnership news. The skew indicates a mix of bullish momentum plays and protective hedging against a potential correction.
| Attribute | Value |
|---|---|
| 52 Week Change | 2.1720648 |
| Address1 | 45,800 Northport Loop West |
| All Time High | 89.86 |
| All Time Low | 5.75 |
| Ask | 95.96 |
| Ask Size | 2 |
| Audit Risk | 2 |
| Average Analyst Rating | 1.6 - Buy |
| Average Daily Volume10 Day | 5,781,160 |
| Average Daily Volume3 Month | 3,532,142 |
| Average Volume | 3,532,142 |
| Average Volume10Days | 5,781,160 |
| Beta | 2.827 |
| Bid | 58.62 |
| Bid Size | 2 |
| Board Risk | 1 |
| Book Value | 7.709 |
| City | Fremont |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 5 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 77.21 |
| Current Ratio | 1.544 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 81.9997 |
| Day Low | 74.04 |
| Debt To Equity | 77.496 |
| Display Name | Penguin |
| Earnings Call Timestamp End | 1,783,456,200 |
| Earnings Call Timestamp Start | 1,783,456,200 |
| Earnings Quarterly Growth | 15.794 |
| Earnings Timestamp | 1,783,454,400 |
| Earnings Timestamp End | 1,783,454,400 |
| Earnings Timestamp Start | 1,783,454,400 |
| Ebitda | 173,926,000 |
| Ebitda Margins | 0.11574 |
| Enterprise To Ebitda | 24.391 |
| Enterprise To Revenue | 2.823 |
| Enterprise Value | 4,242,187,776 |
| Eps Current Year | 2.61471 |
| Eps Forward | 3.34414 |
| Eps Trailing Twelve Months | 1.39 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 56.8606 |
| Fifty Day Average Change | 20.3494 |
| Fifty Day Average Change Percent | 0.35788226 |
| Fifty Two Week Change Percent | 217.20648 |
| Fifty Two Week High | 89.86 |
| Fifty Two Week High Change | -12.650002 |
| Fifty Two Week High Change Percent | -0.14077455 |
| Fifty Two Week Low | 16.04 |
| Fifty Two Week Low Change | 61.17 |
| Fifty Two Week Low Change Percent | 3.8135908 |
| Fifty Two Week Range | 16.04 - 89.86 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,495,632,600,000 |
| Float Shares | 49,599,858 |
| Forward Eps | 3.34414 |
| Forward P E | 23.088148 |
| Free Cashflow | -107,568,000 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 2,900 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.27924 |
| Gross Profits | 419,615,008 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.03195 |
| Held Percent Institutions | 1.15635 |
| Implied Shares Outstanding | 51,242,699 |
| Industry | Information Technology Services |
| Industry Disp | Information Technology Services |
| Industry Key | information-technology-services |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,756,425,600 |
| Last Split Date | 1,643,760,000 |
| Last Split Factor | 2:1 |
| Long Business Summary | 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 computing and AI solutions. 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 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 form factors; and multimediacard and embedded and removable USB products, SD and microSD Card configurations, and 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, enterprises, government, and other customers through direct and third-party channels. The company has a strategic collaboration with Deepgram, Dell Technologies, and ZulaFly to offer healthcare, location-based workflow, and safety solutions. 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. |
| Long Name | Penguin Solutions, Inc. |
| Market | us_market |
| Market Cap | 3,956,448,768 |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_429150870 |
| Most Recent Quarter | 1,780,012,800 |
| Name Change Date | 2,026-07-13 |
| Net Income To Common | 75,914,000 |
| Next Fiscal Year End | 1,787,961,600 |
| Non Diluted Market Cap | 4,014,865,466 |
| Number Of Analyst Opinions | 7 |
| Open | 75.5471 |
| Operating Cashflow | -59,211,000 |
| Operating Margins | 0.108260006 |
| Overall Risk | 4 |
| Payout Ratio | 0.0 |
| Phone | 510 623 1231 |
| Post Market Change | -5.290001 |
| Post Market Change Percent | -6.8514457 |
| Post Market Price | 71.92 |
| Post Market Time | 1,783,987,172 |
| Prev Name | SMART Global Holdings, Inc. |
| Previous Close | 78.35 |
| Price Eps Current Year | 29.529085 |
| Price Hint | 2 |
| Price To Book | 10.015566 |
| Price To Sales Trailing12 Months | 2.6328845 |
| Profit Margins | 0.06445 |
| Quick Ratio | 1.022 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 1.57143 |
| Region | US |
| Regular Market Change | -1.14 |
| Regular Market Change Percent | -1.45501 |
| Regular Market Day High | 81.9997 |
| Regular Market Day Low | 74.04 |
| Regular Market Day Range | 74.04 - 81.9997 |
| Regular Market Open | 75.5471 |
| Regular Market Previous Close | 78.35 |
| Regular Market Price | 77.21 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 3,642,116 |
| Return On Assets | 0.03845 |
| Return On Equity | 0.16194999 |
| Revenue Growth | 0.476 |
| Revenue Per Share | 28.801 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 9 |
| Shares Outstanding | 51,242,699 |
| Shares Percent Shares Out | 0.1708 |
| Shares Short | 8,750,900 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 9,928,788 |
| Short Name | Penguin Solutions, Inc. |
| Short Percent Of Float | 0.2432 |
| Short Ratio | 2.69 |
| Source Interval | 15 |
| State | CA |
| Symbol | PENG |
| Target High Price | 85.0 |
| Target Low Price | 40.0 |
| Target Mean Price | 74.28571 |
| Target Median Price | 80.0 |
| Total Cash | 440,300,992 |
| Total Cash Per Share | 8.592 |
| Total Debt | 508,691,008 |
| Total Revenue | 1,502,705,024 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 1.39 |
| Trailing P E | 55.546764 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 30.0563 |
| Two Hundred Day Average Change | 47.1537 |
| Two Hundred Day Average Change Percent | 1.5688459 |
| Type Disp | Equity |
| Volume | 3,642,116 |
| Website | https://www.penguinsolutions.com |
| Zip | 94,538 |