Penguin Solutions, Inc. engages in the designing and development of enterprise solutions worldwide. It operates through three segments: Advanced Computing, Integrated Memory, and Optimized LED.
Penguin Solutions stock last closed at $20.62, up 0.44% from the previous day, and has decreased 4.36% in one year. It has underperformed other stocks in the Semiconductors industry by 0.08 percentage points. Penguin Solutions stock is currently +38.67% from its 52-week low of $14.87, and -30.83% from its 52-week high of $29.81.
As of Feb 13, 2025, there are 53.29M PENG shares outstanding. The market cap of PENG is $1.10B. In the past 24 hours, 334,894 PENG shares were traded.
How to Buy Penguin Solutions Stock
Wondering how to invest in Penguin Solutions stock? Here's how.
Figure out where to buy Penguin Solutions stock: You need to pick an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Penguin Solutions stock.
Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
Deposit funds into your brokerage account: Choose your method of payment and add your information.
Evaluate Penguin Solutions stock: The Penguin Solutions ticker symbol is PENG. Is Penguin Solutions stock a good investment? Should you buy shares of PENG? How do PENG's underlying business fundamentals look? Do top analysts think Penguin Solutions is a good buy? Why has PENG's stock price moved recently? (Hint: Our stock market research website can help you decide if PENG is a good stock to buy).
Make your PENG buy order: Decide if you will purchase PENG shares at the current market price or use a limit order to purchase PENG stock at a particular price.
Get key alerts regarding your PENG investment: Create a watchlist to important notifications about your position in Penguin Solutions shares.
Step 1: Figure out where to buy Penguin Solutions stock
You will need an online brokerage account in order to access the NASDAQ market and buy PENG shares.
A brokerage account allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.
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Step 2: Create a brokerage account
Now that you've picked the right brokerage, you need to fill out some personal details so you can buy PENG stock today.
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Step 4: Evaluate Penguin Solutions stock
After you have identified the best place to buy Penguin Solutions stock, it's crucial to evaluate their stock before you buy, so you truly understand the risk and opportunity.
Penguin Solutions stock at a glance
PENG Price
$20.62
1w %
-1.06%
1y %
-4.36%
5y %
24.93%
P/E
-39.65x
P/B
2.74x
P/S
0.89x
PEG
N/A
Revenue
$1.24B
Earnings
-$27.33M
Fore. Rev. Growth
10.86%
Fore. Earn. Growth
N/A
Market Cap
$1.10B
Next Earnings
Apr 7, 2025
Next Dividend
N/A
Penguin Solutions Overview
WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis in less time.
PENG profit margin has gone up from -16% to -2.2% in the past year.
There are more short-term assets than long-term liabilities on the PENG balance sheet.
There are more short-term assets than short-term liabilities on the PENG balance sheet.
Failed Health Checks:
PENG has a relatively high debt to equity ratio of 2.93.
Total PENG debt is higher than 5 years ago, relative to shareholder equity.
PENG's operating cash flow of $59.53M allows it to safely service it's debt of $716.68M.
PENG earnings of $9.33M is not sufficient to cover its interest payments.
Is it a good time to buy PENG stock, according to Wall Street analysts?
Out of 7 Equities analysts who give ratings on PENG, the consensus analyst rating on Penguin Solutions is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Latest PENG Analyst Recommendations
Michael Ng, a top 6% analyst from Goldman Sachs initiates coverage on PENG with a strong buy rating and announces their PENG price target of $21.00, on Nov 1, 2024.
Brian Chin, a top 15% analyst from Stifel Nicolaus maintains PENG with a strong buy rating and lowers their PENG price target from $32.00 to $27.00, on Oct 16, 2024.
Last year, PENG revenue was $1.24B. In the past five year, PENG's revenue has grown by 2.57% per year. This was slower than the Semiconductors industry average of 38.39%.
No, Penguin Solutions doesn't provide an income stream by paying out dividends.
What others are saying about PENG
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Step 5: Make your PENG buy order
You have two main order types:
Market order: A market order is an order to buy or sell a security at the best available price. Market orders are usually the best for newer investors.
Limit order: A limit order is an order to buy or sell a stock at a specific price (or better). If you want to ensure you're buying or selling at a specific price limit, place a limit order.
Press the Open Trade button and eToro will execute the order.
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How much does it cost to buy one Penguin Solutions share?
As of Feb 13, 2025, it costs $20.62 to buy one share of Penguin Solutions stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.485 shares of PENG.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.