Penguin Solutions (PENG) Tops Q2 EPS by 28c, Beats on Revenue; Offers FY26 EPS Guidance

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Go back to Penguin Solutions (PENG) Tops Q2 EPS by 28c, Beats on Revenue; Offers FY26 EPS Guidance

Penguin Solutions (PENG) PT Raised to $75 at Stifel

July 8, 2026 5:30 AM EDT

Stifel analyst Brian Chin raised the price target on Penguin Solutions (NASDAQ: PENG) to $75.00 (from $66.00) while maintaining a Buy rating.

The analyst comments "F3Q results meaningfully exceeded ours/cons. estimates, largely on strength in memory (+60% QQ, vrs our +46% QQ). This underpins... More