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Penguin Solutions, Inc. (PENG) News

Follow Penguin Solutions, Inc. (PENG) news in one place: company catalysts, earnings, analyst actions and wider market developments. Review 55 public stories across 26 publication days to understand how the story developed. Public news appears after a 15-minute delay; LiveCast subscribers can follow new headlines and hear important updates without this additional delay.

Symbol PENG Asset equity Sector Markets 90 days 33 Last 44.65 Updated Nov 05, 2026, 06:25 PM UTC Open live news feed Open PENG chart & news
L Form SCHEDULE 13G/A Penguin Solutions, Inc. Filed by: FMR LLC Filed on: November 5, 20 EQUITY | Nov 05, 2026, 06:25 PM UTC M Penguin Solutions to Sell Cree LED Business to Transom Capital Penguin Solutions said it will sell its Cree LED business to Transom Capital and reaffirmed its fiscal 2027 outlook. MNA | Nov 04, 2026, 03:08 PM UTC M Penguin Solutions Agrees to Sell Cree LED to Transom Cap Group MNA | Nov 04, 2026, 02:05 PM UTC M Penguin Solutions Agrees to Sell Cree LED in All-Cash Deal The sale to Transom Capital Group is expected to close in Q1 2027, subject to customary conditions. Cree LED represents approximately 10% of projected fiscal 2027 net sales; Penguin Solutions reaffirmed its outlook. MNA | Nov 04, 2026, 02:05 PM UTC M Penguin Solutions Agrees to Sell Cree LED to Transom Capital Group Penguin Solutions said it entered a definitive agreement to sell its Cree LED business to Transom Capital Group. MNA | Nov 04, 2026, 02:05 PM UTC M Penguin Solutions shares rise 12.5% after SK Hynix reports 9.1% stake Penguin Solutions shares are up 12.5% after SK Hynix reported a 9.1% stake in the company. EQUITY | Nov 03, 2026, 04:20 PM UTC M SK hynix Reports 9.1% Stake in Penguin Solutions, Gains Board Nomination Rights SK hynix reported a 9.1% beneficial stake through preferred shares convertible into 6,096,103 common shares. SHIFTIX1 LLC bought the preferred shares on October 29, 2026, for $377.2 million. EQUITY | Nov 03, 2026, 01:16 PM UTC M Penguin Solutions Q4 FY26 Sales Rise 68% to $566.7 Million The company reported GAAP diluted EPS of $1.29 and operating income up 458% to $69.5 million. FY26 sales were $1.73 billion, up 26%, and the FY27 sales outlook was raised to about $2.43 billion at the midpoint. EARNINGS | Oct 21, 2026, 01:37 PM UTC M Penguin Solutions Reports FY2026 Revenue of $1.73B, EPS of $2.60 Penguin Solutions reported fiscal 2026 revenue of $1.73 billion and diluted EPS of $2.60. Revenue increased year over year, and net income improved versus fiscal 2025. EARNINGS | Oct 20, 2026, 08:45 PM UTC H Bulls and Bears: Nvidia, Lumentum, Planet Labs examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. U.S. stocks made weekly gains despite a volatile finish, as record-high Treasury yields, rising oi LIVE | Oct 10, 2026, 12:00 PM UTC M PENG shares surge after analysts raise targets on Q4 beat Penguin Solutions (PENG) shares rose by more than 16% after better-than-expected fiscal fourth-quarter results and a higher fiscal 2027 outlook led multiple analysts to raise price targets. EQUITY | Oct 07, 2026, 05:48 PM UTC H These Penguin Solutions Analysts Raise Estimates After Q4 Print, FY27 Outlook Exceed Expectations Shares of Penguin Solutions Inc (NASDAQ: PENG ) rallied in early trading on Wednesday, after the company reported upbeat fiscal fourth-quarter results. Here are some key analyst takeaways: Rosenblatt Securities analyst S LIVE | Oct 07, 2026, 04:17 PM UTC H Nasdaq Falls Over 100 Points; US Crude Inventories Decline U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling over 100 points on Wednesday. The Dow traded down 0.92% to 51,045.57 while the NASDAQ declined 0.41% to 27,485.79. The S&P 500 also fell, LIVE | Oct 07, 2026, 04:02 PM UTC H Penguin Solutions Says Agentic AI Is Creating New Memory Boom Penguin Solutions, Inc. (NASDAQ: PENG ) stock rose sharply Wednesday after the company beat fourth-quarter expectations and issued a stronger fiscal 2027 outlook. Quarterly revenue of $566.69 million beat the $516.12 mil LIVE | Oct 07, 2026, 02:11 PM UTC H Penguin's Mystery 36,000-GPU Norway Deal Appears to Be Volta's $10B Anthropic AI Project Penguin Solutions Inc. (NASDAQ: PENG ), which builds and manages large AI computing systems, disclosed a mystery 36,000-GPU project in Norway Tuesday whose details closely match a $10 billion Volta Infrastructure buildou LIVE | Oct 07, 2026, 02:10 PM UTC H BKV, Lamb Weston, Penguin Solutions And Other Big Stocks Moving Higher On Wednesday U.S. stocks were lower, with the Dow Jones index falling around 1% on Wednesday. Shares of BKV Corp (NYSE: BKV ) rose sharply after the company announced that a subsidiary executed into a n equipment supply contract. BKV LIVE | Oct 07, 2026, 02:08 PM UTC M Penguin Solutions shares rise on Q3 results, raised outlook Penguin Solutions shares jumped 3.7% in pre-market trading after the company announced third-quarter 2026 financial results and raised its fiscal 2027 outlook beyond a preliminary growth view. EQUITY | Oct 07, 2026, 02:03 PM UTC M Penguin Solutions Memory Business Soars on AI Demand; Stock Eyes Rally Penguin Solutions' memory business is showing strong demand driven by artificial-intelligence data centers, according to a Tuesday report. The company's raised outlook may help revive its stock, which has faltered recent EQUITY | Oct 07, 2026, 10:48 AM UTC H Stock Market Today: Dow Jones, Nasdaq 100 Futures Decline as Iran Mocks US Economy, Trump Sparks Bipartisan Backlash — STZ, PENG, LEVI in Focus U.S. stocks look set to open on a negative note on Wednesday, with futures of the Dow Jones, S&P 500 and Nasdaq 100 indices falling, following Tuesday’s higher close. Political fallout and rising Middle East tensions dom LIVE | Oct 07, 2026, 09:41 AM UTC H Why Penguin Solutions Shares Are Trading Higher By Around 8%; Here Are 20 Stocks Moving Premarket Shares of Penguin Solutions, Inc. (NYSE: PENG ) rose sharply in pre-market trading after the company reported better-than-expected fourth-quarter financial results and issued FY27 EPS guidance above estimates. The compan LIVE | Oct 07, 2026, 08:38 AM UTC M Penguin Solutions Inc. (PENG) Jumps Over 7% on Record Q4 Results Penguin Solutions Inc. (PENG) shares surged more than 7% in overnight trading following the release of record fourth-quarter results. The enterprise solutions company reported Q4 revenue of $566.69 million, marking a 68% EQUITY | Oct 07, 2026, 03:25 AM UTC H Penguin Solutions Reports Q4 2026 Results: Full Earnings Call Transcript Penguin Solutions (NASDAQ: PENG ) reported fourth-quarter financial results on Tuesday. The transcript from the company's fourth-quarter earnings call has been provided below. APIs provide real-time access to earnings ca LIVE | Oct 06, 2026, 09:35 PM UTC M Penguin Solutions Reports Q3 Earnings Summary Penguin Solutions Inc. reported its earnings summary for the quarter ended August 31. The summary was generated from LSEG data on October 6. EQUITY | Oct 06, 2026, 09:01 PM UTC H Penguin Solutions Stock Pops on Q4 Earnings Beat, Strong Guidance Penguin Solutions Inc (NASDAQ: PENG ) reported financial results for the fourth quarter of fiscal 2026 after the closing bell on Tuesday. Here’s what you need to know from the report. Penguin Solutions stock is surging t LIVE | Oct 06, 2026, 08:46 PM UTC H Penguin Solutions shares are trading higher after the company reported better-than-expected Q4 financial results and issued FY27 EPS guidance above estimates. The company appointed Stephen Cumming as CFO. Penguin Solutions shares are trading higher after the company reported better-than-expected Q4 financial results and issued FY27 EPS guidance above estimates. The company appointed Stephen Cumming as CFO. LIVE | Oct 06, 2026, 08:35 PM UTC M Penguin Solutions Reports FY26 Results Penguin Solutions, Inc. announced its financial results for the fiscal fourth quarter and full year 2026. The Company also raised its outlook for its fiscal year. EQUITY | Oct 06, 2026, 08:33 PM UTC M PENG Estimates Q4'26 EPS at 0.77 USD Penguin Solutions, Inc. (PENG) is scheduled to report its Q4'26 financial results after market close on October 06. The company's earnings per share (EPS) are anticipated to be 0.77 USD, with revenue estimates at 520.99 EQUITY | Oct 05, 2026, 11:00 AM UTC M Penguin Solutions Q3 Earnings Preview Semiconductor maker Penguin Solutions will report earnings on Tuesday after market hours. Last quarter, the company beat revenue expectations, reporting $478.7 million in revenues, a 47.6% year-on-year increase. EQUITY | Oct 05, 2026, 03:02 AM UTC H PENG Q4'26 Earnings: revenue estimate is 519.32M USD PENG (Penguin Solutions, Inc.) is set to announce its Q4'26 results on October 06, after the market closes. The earnings are expected to be disclosed at 4:05 PM ET (8:05 PM UTC).For Q4'26, revenue estimate is 519.32 mill EARNINGS | Sep 29, 2026, 11:00 AM UTC L AMD, Intel, Western Digital, Vishay Intertechnology, and Penguin Solutions Stocks Trade Down, What You Need To Know What Happened? A number of stocks fell in the morning session after OpenAI paused training of its frontier artificial intelligence models following a security breach, raising concerns over near-term hardware demand. In e NEWS | Sep 28, 2026, 02:48 PM UTC M Penguin Solutions schedules Q4 and FY2026 results conference call Penguin Solutions (Nasdaq: PENG) will host a conference call on Tuesday, October 6, 2026 at 1:30 p.m. PDT / 4:30 p.m. EDT to discuss fourth quarter and fiscal 2026 results. EQUITY | Sep 15, 2026, 08:05 PM UTC H Chip stocks rise as investors shrug off rate-hike hopes after jobs data Stocks including FormFactor, Entegris, Penguin Solutions, Teradyne and Marvell Technology traded up in the afternoon session after investors scaled back rate-hike expectations following the August jobs report and unwound CENTRAL_BANK | Sep 04, 2026, 06:39 PM UTC L CreeLED And Promier Products Resolve Patent Dispute Through Limited License Agreement CreeLED And Promier Products Resolve Patent Dispute Through Limited License Agreement EQUITY | Aug 31, 2026, 05:52 PM UTC H What You Missed On Wall Street On Monday The major averages closed lower, with the Nasdaq closing near flat, as stocks looked to rebound from last week's technology-led selloff. Attention is turning to a week of megacap earnings that could determine whether the EARNINGS | Jul 20, 2026, 08:16 PM UTC H Morning Movers: Hut 8 surges after 15-year, $9.8B lease Stock futures are higher as investors look to rebound from last week's technology-led selloff, with attention turning to a week of megacap earnings that could determine whether the AI-driven rally regains momentum. Howev MACRO | Jul 20, 2026, 12:56 PM UTC H Bulls and Bears: PayPal, UnitedHealth, Netflix — And Stocks End Wild Week examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. U.S. stocks finished a volatile week lower as an escalating selloff in artificial intelligence and MACRO | Jul 18, 2026, 12:01 PM UTC H Closing Bell Movers: Trex up 6% after positive Q2 pre-announcement Fast-unraveling ceasefire between Iran and U.S. amid continued dispute over the control of transit through the Strait of Hormuz has reverberated across the asset classes in a predictable fashion on Monday. WTI Crude Oil CENTRAL_BANK | Jul 13, 2026, 11:42 PM UTC H Bulls and Bears: Penguin Solutions, Draftkings, Palantir — And Stocks End Week With Solid Gains examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. U.S. stocks finished the week with solid gains as technology shares continued to drive the market MACRO | Jul 11, 2026, 12:01 PM UTC H Penguin Solutions’ AI Demand Narrative Gives Bulls Another Reason To Buy Penguin Solutions, Inc. (NASDAQ: PENG ) stock is trading higher on Thursday as analysts boost their forecasts following an upbeat quarterly update. Technology (+1.37%) is leading all sectors while the S&P 500 is up 0.12% RATES | Jul 09, 2026, 03:59 PM UTC H Dow Dips Over 1% As Iran Ceasefire Sinks: Investor Sentiment Weakens, Greed Index Remains In ‘Fear’ Zone The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the “Fear” zone on Wednesday. U.S. stocks settled mostly lower on Wednesday, with the Dow Jones index falli MACRO | Jul 09, 2026, 06:32 AM UTC H These Analysts Boost Their Forecasts On Penguin Solutions After Upbeat Q3 Results Penguin Solutions Inc. (NASDAQ: PENG ) on Tuesday announced better-than-expected third-quarter financial results. Penguin reported adjusted earnings per share of 84 cents, beating the consensus estimate of 54 cents. In a EARNINGS | Jul 08, 2026, 03:31 PM UTC H Penguin Solutions price target raised to $80 from $60 at Needham Needham raised the firm's price target on Penguin Solutions to $80 from $60 and keeps a Buy rating on the shares. The company has delivered a strong quarter, increasing AI-driven Sales by 104%y/y and raising its revenue EARNINGS | Jul 08, 2026, 12:20 PM UTC H Penguin Solutions Reports Record Q3 Double Beat, Raises Full-Year Guidance — Stock Rises Penguin Solutions Inc. (NASDAQ: PENG ) shares are trading higher Wednesday after the company announced better-than-expected third-quarter financial results on Tuesday after the market closed. Penguin shares are trending RATES | Jul 08, 2026, 12:13 PM UTC H Closing Bell Movers: Stock futures slip as US launches Iran strikes Weakness in Semiconductors, Semi Equipment, and Memory weighed on sentiment in Tuesday trading, sending the tech-dominated Nasdaq down by over 1%. Technology was also the third worst performing sector in the S&P 500, tho RATES | Jul 07, 2026, 11:17 PM UTC H Penguin Solutions Raises FY2026 Adj EPS Guidance from $2.30 to $2.55-$2.65 vs $2.23 Est; Raises FY2026 Sales Guidance from $1.601B to $1.643 Penguin Solutions (NASDAQ: PENG ) raises FY2026 Adj EPS guidance from $2.30 to $2.55-$2.65 vs $2.23 analyst estimate. Raises FY2026 sales outlook from $1.601 billion to $1.643 billion-$1.698 billion vs $1.557 billion est EARNINGS | Jul 07, 2026, 08:24 PM UTC H Penguin Solutions Q3 Adjusted Earnings, Revenue Rise; Raises FY26 Earnings Outlook () -- Penguin Solutions (PENG) reported fiscal Q3 adjusted earnings late Tuesday of $0.84 per diluted share, up from $0.47 a year earlier. Analysts polled by FactSet expected $0.54. Revenue in the quarter rose to $479 mi EARNINGS | Jul 07, 2026, 08:22 PM UTC H Penguin Solutions Delivers Q3 Double Beat, Raises FY26 Outlook on 'Very Strong' AI-Driven Demand Penguin Solutions Inc (NASDAQ: PENG ) reported financial results for the third quarter of fiscal 2026 after the market close on Tuesday. Here’s a rundown of the report. Penguin Solutions stock is trending after earnings. EARNINGS | Jul 07, 2026, 08:22 PM UTC H Earnings Flash (PENG) Penguin Solutions, Inc. Posts Q3 Adjusted EPS $0.84 per Share, vs. FactSet Est of $0.54 () -- Copyright © 2026. All rights reserved. does not provide investment advice. Unauthorized reproduction is strictly prohibited. EARNINGS | Jul 07, 2026, 08:07 PM UTC L Penguin Solutions reports Q3 adjusted EPS 84c, consensus 56c Reports Q3 revenue $479M, consensus $421.36M. "Penguin Solutions delivered a record quarter, exceeding expectations for both net sales and EPS. This profitable growth acceleration reinforces our confidence that our AI Fa EQUITY | Jul 07, 2026, 08:06 PM UTC L Shares of semiconductor and chip companies are trading lower amid profit-taking following the industry-wide rally for H1 2026. Shares of semiconductor and chip companies are trading lower amid profit-taking following the industry-wide rally for H1 2026. EARNINGS | Jul 01, 2026, 04:13 PM UTC M PENG Raises Earnings Outlook Penguin Solutions is expected to report higher Q3 earnings with analysts revising forecasts ahead of the earnings call EARNINGS | Jun 26, 2026, 09:23 AM UTC H MU +19% on Earnings Micron Technology shares rise 19% premarket after the company reports earnings and has its price target lifted by numerous analysts EARNINGS | Jun 25, 2026, 01:17 PM UTC L PENG Expands AI Software PENG Penguin Solutions expands ClusterWareAI operating system software for AI factories with AI-powered operations and automated remediation EQUITY | Jun 25, 2026, 12:05 PM UTC M PENG Partners NVDA PENG becomes NVDA AI Factory partner EQUITY | Jun 23, 2026, 03:06 PM UTC M 12 IT Stocks Move Twelve information technology stocks are moving in Monday's pre-market session, with Sagtec Global and Cango leading the gainers and XIAO-I and BTQ Technologies among the losers EQUITY | Jun 22, 2026, 12:08 PM UTC