Biggest stock movers Monday: AMD, AMC, USAR, and more
Seeking Alpha News (Mon, 20-Jul 10:23 AM ET)
Lumentum upgraded to Overweight by Barclays; Allegro, Penguin receive downgrades
Seeking Alpha News (Mon, 20-Jul 9:03 AM ET)
Market Chameleon (Mon, 20-Jul 3:07 AM ET)
Penguin Solutions Announces Closing of Oversubscribed Convertible Notes Offering
Business Wire (Fri, 17-Jul 5:05 PM ET)
Business Wire (Tue, 14-Jul 11:45 PM ET)
Penguin Solutions Targets $650M Convertible Notes to Bolster Balance Sheet and Address Refinancing
Market Chameleon (Tue, 14-Jul 3:07 AM ET)
Business Wire (Mon, 13-Jul 5:20 PM ET)
Penguin Solutions Reports Q3 Fiscal 2026 Financial Results
Business Wire (Tue, 7-Jul 4:05 PM ET)
Business Wire (Thu, 25-Jun 8:05 AM ET)
Market Chameleon (Wed, 24-Jun 3:06 AM ET)
Penguin Solutions Inc is an end-to-end technology company engaged in Intelligent Platform Solutions, Integrated Memory, and Optimized LED business. Its product include Servers, software, OCP HPC & AI system, Racks and Edge. Servers include AMD-based Serves, Intel-based Servers, etc. Software products include Scyld ClusterWare, Scyld Cloud Central, etc. OCP HPC & AI Systems includes OCP Servers & Storage and etc.
Penguin Solutions trades on the NASDAQ stock market under the symbol PENG.
As of July 23, 2026, PENG stock price declined to $58.41 with 2,938,584 million shares trading.
PENG has a beta of 3.85, meaning it tends to be more sensitive to market movements. PENG has a correlation of 0.39 to the broad based SPY ETF.
PENG has a market cap of $2.99 billion. This is considered a Mid Cap stock.
Last quarter Penguin Solutions reported $479 million in Revenue and $.84 earnings per share. This beat revenue expectation by $55 million and exceeded earnings estimates by $.29.
The top ETF exchange traded funds that PENG belongs to (by Net Assets): IJR, VTI, VGT, IWM, XSD.
PENG has outperformed the market in the last year with a return of +139.0%, while the SPY ETF gained +18.6%. In the last 3 month period, PENG beat the market returning +111.9%, while SPY returned +4.1%. However, in the most recent 2 weeks PENG has underperformed the stock market by returning -25.5%, while SPY returned -1.0%.
PENG support price is $54.05 and resistance is $64.36 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PENG shares will trade within this expected range on the day.
