On July 9, 2025, Goldman Sachs analyst Michael Ng announced a revision in the price target for Penguin Solutions (PENG, Financial). The price target has been raised to $25.00 USD from the previous target of $22.50 USD, reflecting an increase of 11.11%.
Despite the price target adjustment, the analyst has maintained a "Buy" rating for Penguin Solutions (PENG, Financial), consistent with the previous rating. This indicates continued confidence in the company's performance and potential for growth.
Michael Ng's updated valuation of Penguin Solutions (PENG, Financial) signals positive expectations from Goldman Sachs, highlighting the company's strong market position and future prospects within the industry.
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 48.62% from the current price of $21.70. 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 5.86% from the current price of $21.6991. 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.
