# Penguin Solutions (PENG) — News

PENG · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/peng/news

## Recent headlines

- [Axe Compute - Announces strategic partnership with Penguin Solutions](https://www.ainvest.com/news/axe-compute-announces-strategic-partnership-penguin-solutions-2610) — AInvest Wire, Oct 14, 2026
  Axe Compute has announced a strategic partnership with Penguin Solutions, marking a collaboration aimed at enhancing digital accessibility and automation capabilities. The partnership is expected to leverage Axe Compute's AI-driven accessibility testing tools, which are built on the Axe-core…
- [Penguin Solutions Inc: BofA global research initiates coverage with buy rating; target price $100](https://www.ainvest.com/news/penguin-solutions-bofa-global-research-initiates-coverage-buy-rating-target-price-100-2610) — AInvest Wire, Oct 9, 2026
- [Penguin Solutions Inc: Rosenblatt Securities raises target price to $100 from $80](https://www.ainvest.com/news/penguin-solutions-rosenblatt-securities-raises-target-price-100-80-2610) — AInvest Wire, Oct 7, 2026
  Rosenblatt Securities has raised its price target for Penguin Solutions Inc. (NASDAQ: PENG) to $100 from $80, reflecting expanding AI infrastructure market . The move follows strong performance in Penguin Solutions’ fiscal second quarter, during which the company exceeded earnings and revenue…
- [Penguin Solutions Inc: Stifel raises target price to $85 from $75](https://www.ainvest.com/news/penguin-solutions-stifel-raises-target-price-85-75-2610) — AInvest Wire, Oct 7, 2026
  Penguin Solutions Inc. (PENG) has seen a significant increase in its stock price, driven by strong demand for agentic AI workloads and a favorable outlook for fiscal 2026. The company recently confirmed that both revenue and earnings are tracking toward the high end of its guidance, with CEO Kash…
- [Penguin Solutions Inc: Needham raises target price to $85 from $80](https://www.ainvest.com/news/penguin-solutions-needham-raises-target-price-85-80-2610) — AInvest Wire, Oct 7, 2026
  Needham & Company LLC has raised its target price for Penguin Solutions Inc. (NASDAQ:PENG) to $85 from $80, maintaining a "buy" rating for the stock, according to a research note . This adjustment follows recent positive developments, including the company's strong quarterly performance and ongoing…

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