Penguin Solutions (PENG) analyst forecast and price target
Analyst forecast
Consensus of 9 analyst ratings
Based on 5 analyst targets
Recent analyst ratings
| Firm | Action | Rating | Price target | Date |
|---|---|---|---|---|
| Barclays | Downgraded | Equal-Weight → Underweight | $40.00 | Jul 20, 2026 |
| Barclays | Maintained | Equal-Weight | $40.00 from $27.00 | Jul 9, 2026 |
| Needham | Maintained | Buy | $80.00 from $60.00 | Jul 8, 2026 |
| Rosenblatt | Maintained | Buy | $80.00 from $75.00 | Jul 8, 2026 |
| Stifel | Maintained | Buy | $75.00 from $66.00 | Jul 8, 2026 |
| Citizens | Maintained | Market Outperform | $85.00 from $65.00 | Jul 8, 2026 |
| Rosenblatt | Maintained | Buy | $75.00 from $65.00 | Jul 6, 2026 |
| Stifel | Maintained | Buy | $66.00 from $24.00 | Jun 2, 2026 |
| Rosenblatt | Maintained | Buy | $65.00 from $54.00 | Jun 2, 2026 |
| Barclays | Downgraded | Overweight → Equal-Weight | $27.00 from $23.00 | Apr 22, 2026 |
| Needham | Maintained | Buy | $27.00 from $25.00 | Apr 2, 2026 |
| Rosenblatt | Maintained | Buy | $32.00 from $30.00 | Apr 2, 2026 |
| Stifel | Maintained | Buy | $24.00 from $27.00 | Apr 2, 2026 |
| Rosenblatt | Maintained | Buy | $30.00 | Mar 30, 2026 |
| Needham | Maintained | Buy | $25.00 | Feb 3, 2026 |
| Rosenblatt | Maintained | Buy | $30.00 | Feb 3, 2026 |
| Needham | Maintained | Buy | $25.00 | Jan 12, 2026 |
| Rosenblatt | Maintained | Buy | $30.00 | Jan 7, 2026 |
| Rosenblatt | Maintained | Buy | $30.00 | Dec 31, 2025 |
| Rosenblatt | Maintained | Buy | $30.00 | Oct 14, 2025 |
Frequently asked questions
What is the price target for PENG stock?
The average 12-month analyst price target for Penguin Solutions (PENG) is $72.00, with a high estimate of $85.00 and a low of $40.00, across 5 analysts.
Is PENG a buy, sell, or hold?
Analysts covering Penguin Solutions currently average a Buy rating: 8 buy, 0 hold and 1 sell, from 9 analysts. Ratings reflect analyst opinion, not investment advice.
What upside do analysts see for PENG?
The average price target of $72.00 implies 46.70% upside from the last price of $49.08.
What is the latest analyst rating on PENG?
On Jul 20, 2026, Barclays downgraded Penguin Solutions to Underweight with a price target of $40.00.
Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.