On July 9, 2025, JMP Securities analyst Rustam Kanga reiterated their coverage on Penguin Solutions (PENG, Financial), maintaining a "Market Outperform" rating. This indicates continued optimism from the analyst about the company's performance potential.
Alongside the rating reiteration, the price target for Penguin Solutions (PENG, Financial) was maintained at $26.00 USD. This price target remains unchanged from the previous evaluation, suggesting steady expectations for the stock's future market value.
The decision to uphold both the "Market Outperform" rating and the $26.00 price target reflects JMP Securities' confidence in Penguin Solutions' (PENG, Financial) ability to perform well in the market.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 4 analysts, the average target price for Penguin Solutions Inc (PENG, Financial) is $32.25 with a high estimate of $35.00 and a low estimate of $27.00. The average target implies an upside of 52.19% from the current price of $21.19. More detailed estimate data can be found on the Penguin Solutions Inc (PENG) Forecast page.
Based on the consensus recommendation from 4 brokerage firms, Penguin Solutions Inc's (PENG, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Penguin Solutions Inc (PENG, Financial) in one year is $22.97, suggesting a upside of 8.4% from the current price of $21.19. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Penguin Solutions Inc (PENG) Summary page.
