Research Analysts’ Weekly Ratings Updates for Penguin Solutions (PENG)

Penguin Solutions (NASDAQ: PENG) recently received a number of ratings updates from brokerages and research firms:

• 10/7/2026 – Penguin Solutions had its “buy” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $85.00 price target on the stock.
• 10/7/2026 – Penguin Solutions had its price target raised by Rosenblatt Securities from $80.00 to $100.00. They now have a “buy” rating on the stock.
• 10/7/2026 – Penguin Solutions had its price target raised by Stifel Nicolaus from $75.00 to $85.00. They now have a “buy” rating on the stock.
• 10/7/2026 – Penguin Solutions had its price target raised by Barclays PLC from $40.00 to $60.00. They now have an “underweight” rating on the stock.
• 10/7/2026 – Penguin Solutions had its price target raised by Needham & Company LLC from $80.00 to $85.00. They now have a “buy” rating on the stock.
• 10/2/2026 – Penguin Solutions had its “hold (c)” rating reaffirmed by Weiss Ratings.
• 10/2/2026 – Penguin Solutions had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $80.00 price target on the stock.
• 9/7/2026 – Penguin Solutions was downgraded by Zacks Research from “strong-buy” to “hold”.

Insider Transactions at Penguin Solutions

In related news, SVP Joseph Clark sold 1,327 shares of the company’s stock in a transaction on Thursday, July 23rd. The shares were sold at an average price of $57.47, for a total value of $76,262.69. Following the completion of the sale, the senior vice president owned 63,056 shares in the company, valued at $3,623,828.32. This represents a 2.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Anne Kuykendall sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $50.58, for a total value of $202,320.00. Following the completion of the sale, the senior vice president owned 112,994 shares in the company, valued at $5,715,236.52. The trade was a 3.42% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.90% of the company’s stock.

Penguin Solutions, Inc provides intelligent infrastructure solutions for artificial intelligence, high-performance computing, enterprise data centers and other demanding technology environments. The company combines specialized hardware, software and professional services to help organizations design, deploy and manage complex computing infrastructure.

Its offerings include AI and high-performance computing systems, servers, storage and networking infrastructure, as well as software and services for infrastructure management, optimization and support.