Penguin Solutions (PENG) closed at $51.91 on October 22, 2026, down 11.1% from the previous close, on volume of 3,782,241 shares (30-day average 3,643,982).
Data as of October 22, 2026.
Penguin Solutions gains amid takeover speculation
Seeking Alpha News (Fri, 23-Oct 11:43 AM ET)
Beyond Big Tech: 4 Companies Capitalizing on Infrastructure and Agentic AI (CHGA, PENG, AIP, INOD)
TipRanks (Wed, 21-Oct 9:40 AM ET)
Market Chameleon (Wed, 14-Oct 7:44 AM ET)
Globe Newswire (Wed, 14-Oct 8:30 AM ET)
Penguin Solutions Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Business Wire (Mon, 12-Oct 4:05 PM ET)
Market Chameleon (Wed, 7-Oct 5:52 AM ET)
Business Wire (Tue, 6-Oct 4:06 PM ET)
Penguin Solutions Announces Fourth-Quarter and Full-Year Fiscal 2026 Results
Business Wire (Tue, 6-Oct 4:05 PM ET)
Penguin Solutions Sets Conference Call for Fourth Quarter and Fiscal 2026 Results
Business Wire (Tue, 15-Sep 4:05 PM ET)
Penguin Solutions Full-Stack AI Factory Platform Enables Lektra's Distributed AI Data Centers
Business Wire (Wed, 9-Sep 11:05 AM ET)
Penguin Solutions Inc is the AI Factory Platform Company. It design, build, deploy, and manage next-generation data centers for enterprises, sovereign AI initiatives, and neocloud providers, with deep design expertise at the intersection of data center AI infrastructure and memory solutions, Its Full-Stack AI Factory Platform combines differentiated infrastructure software, memory, compute systems, end-to-end services, and industry partner technologies to help customers accelerate deployment, optimize token economics, and maximize the return on their AI investments. It has has three business segments Advanced Computing, Integrated Memory, and Optimized LED. Majority of sales is from Integrated Memory segment. Majority of sales is from United States.
Penguin Solutions trades on the NASDAQ stock market under the symbol PENG.
As of October 23, 2026, PENG stock price climbed to $54.94 with 2,430,463 million shares trading.
PENG has a beta of 4.02, meaning it tends to be more sensitive to market movements. PENG has a correlation of 0.36 to the broad based SPY ETF.
PENG has a market cap of $2.82 billion. This is considered a Mid Cap stock.
Last quarter Penguin Solutions reported $567 million in Revenue and $1.00 earnings per share. This beat revenue expectation by $47 million and exceeded earnings estimates by $.26.
The top ETF exchange traded funds that PENG belongs to (by Net Assets): IJR, VTI, IWM, XSD, VGT.
PENG has outperformed the market in the last year with a return of +155.3%, while the SPY ETF gained +15.0%. However, in the most recent history, PENG shares have underperformed the stock market with its stock returning -7.2% in the last 3 month period and -23.2% for the last 2 week period, while SPY has returned +2.0% and -1.7%, respectively.
PENG support price is $48.81 and resistance is $55.01 (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.
