How to Buy Penguin Solutions Stock

Penguin Solutions Inc

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.

  1. 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.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Choose your method of payment and add your information.
  4. 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).
  5. 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.
  6. 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 3: Deposit funds into your brokerage account

Now that you've filled out your info on the best stock investing app, you can securely and quickly fund your account:

Watch this video walkthrough for more details depositing money into your investment account.

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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.

You can see all of the due diligence checks on PENG's stock page.

Is PENG stock undervalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge PENG's intrinsic value.

Using relative valuations methods:

  • PENG may be undervalued based on its P/B ratio of 2.74x, relative to Semiconductors industry P/B ratio of 10.26x

You can do additional valuation research on PENG's stock here.

A quick look at PENG Financials

Passed Health Checks:

  • 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.

You can dive deeper into what analysts are forecasting on the Penguin Solutions stock forecast page.

PENG Momentum

SMA10
20.61
SMA20
20.37
SMA50
19.89
SMA100
18.94
SMA200
20.1
MACD
0.31
MACD Signal
0.29
MACD Histogram
0.01
RSI
54.1
Stochastic %K
74.07
Stochastic %D
79.56
StochRSI %K
65.09
StochRSI %D
70.9

PENG Revenue

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%.

Learn more about PENG's earnings and revenue performance here.

Are PENG insiders buying or selling the stock?

In the last 12 months, insiders at PENG have sold more shares than they have bought.

Joseph Gates Clark, SVP and Pres Optimized LED of PENG, was the latest PENG insider to sell. They sold $44,614.62 worth of PENG stock on Jan 23, 2025.

Learn more about who owns PENG shares here.

Does PENG stock generate passive income?

No, Penguin Solutions doesn't provide an income stream by paying out dividends.

What others are saying about PENG

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

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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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Step 6: Get key alerts regarding your PENG investment

Now that you own some PENG stock, you'll want to stay up-to-date on your shares.

Make a watchlist to get notified of important updates regarding your PENG stock.

PENG Feed

How to Buy Stock in Penguin Solutions

To reiterate, here are the 6 steps you need to take to buy Penguin Solutions stock right now:

  1. Figure out where to buy Penguin Solutions stock
  2. Create a brokerage account
  3. Deposit funds into your brokerage account
  4. Evaluate Penguin Solutions stock
  5. Make your PENG buy order
  6. Get key alerts regarding your PENG investment

If you require a place to buy stocks, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest news on your new investment in Penguin Solutions, create a watchlist on WallStreetZen today.

NASDAQ: PENG
$20.62+0.09 (+0.44%)
Updated Feb 13, 2025
Open eToro Account
Your capital is at risk.
NASDAQ: PENG
$20.62+0.09 (+0.44%)
Updated Feb 13, 2025
Open eToro Account
Your capital is at risk.

FAQ

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.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Penguin Solutions stock?

According to 7 Wall Street analysts who monitor Penguin Solutions, their consensus recommendation is to buy Penguin Solutions stock.

What is the best way to buy Penguin Solutions stock?

One way to place an order for Penguin Solutions stock is with a brokerage account.
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.