Penguin Solutions, Inc. (PENG)

Nasdaq Information Technology Semiconductors S&P SmallCap 600
$41.83
+4.61 (+12.39%)
Close of Nov 06, 2026 · end-of-day data
SMA 50SMA 2005Y/10Y use weekly candles (10/40-week averages)

Performance

price return
1W-19.4%
1M-41.5%
3M-24.2%
6M-5.4%
YTD+113.8%
1Y+88.4%
3Y+206.9%
5Y+56.5%

Key statistics

Full financials →
Market cap$2.5B
P/E (TTM)16.0
EPS (TTM, diluted)$2.61
P/S1.46
P/B4.84
EV / EBITDA12.3
Revenue (TTM)$1.73B
Revenue growth+26.5%
Net margin10.4%
ROE34.7%
Debt / equity1.52
FCF yield-6.5%
Dividend yield—
Payout ratio—
Beta (1Y)3.92
Volatility (1Y)92.0%
52-week range$16.04 – $89.86
Avg volume (50D)3.29M

Revenue & net income — last 8 quarters

Statements →
Nov 4, 9:09 AM ET

Penguin Solutions to sell Cree LED to Transom Capital; reaffirms fiscal 2027 outlook

Neutral m&a 5.027.018.01

Penguin Solutions agreed on November 3, 2026, to sell its Cree LED business, which makes up its Optimized LED segment, to an affiliate of Transom Capital Group in an all-cash deal, with closing expected in the first calendar quarter of 2027. The company said the sale will let it concentrate on data center AI infrastructure and memory, and it reaffirmed its fiscal 2027 outlook, which includes a full year of Cree LED results.

  • Cree LED is expected to represent approximately 10% of the company's total projected fiscal 2027 net sales.
  • The filing does not disclose the purchase price.
  • The company reaffirmed its fiscal 2027 outlook from its October 6, 2026, earnings release and expects to update it after the sale closes.
  • Joseph Clark, President of Optimized LED, will cease to be an executive officer at closing but is expected to continue working for the business.
Read the filing on SEC.gov ↗
Oct 6, 4:34 PM ET

Penguin Solutions names Stephen Cumming CFO, succeeding interim CFO Aaron Johnson

Neutral leadership Written later 2.025.027.01

Penguin Solutions appointed Stephen Cumming as Senior Vice President and Chief Financial Officer, effective October 6, 2026. He replaces Aaron Johnson, who had been interim CFO since July 9, 2026 and returns to his prior role as Vice President, Finance and Accounting. The filing also discloses Cumming's pay package, including a $700,000 retention bonus and equity grants totaling $4.3 million in target value, which matter to shareholders as a cost and as a sign of who leads the company's finances.

  • Stephen Cumming, formerly CFO of Edgio, Inc. (2022 to 2025), starts as SVP and CFO on October 6, 2026, succeeding interim CFO Aaron Johnson.
  • Base salary of $550,000, with an annual bonus targeted at 90% of base salary, prorated for fiscal 2027.
  • $700,000 retention bonus payable in two equal installments within 45 and 85 days of his start date.
  • Equity grants of $1,750,000 in time-based RSUs and $2,550,000 in relative TSR-based PSUs (0% to 200% of target).
Read the filing on SEC.gov ↗
Oct 6, 4:27 PM ET

Penguin Solutions Q4 sales rise 68% to $567 million; raises fiscal 2027 outlook

Positive earnings Written later 2.02

Penguin Solutions reported fourth-quarter fiscal 2026 net sales of $567 million, up 68% year over year, and GAAP diluted EPS of $1.29 versus $0.11 a year earlier. The company raised its fiscal 2027 outlook, now expecting net sales of about $2.43 billion at the midpoint, growth of about 40%, which it attributes to AI Infrastructure demand.

  • Q4 fiscal 2026: net sales $567 million, up 68%; GAAP diluted EPS $1.29 vs. $0.11; non-GAAP diluted EPS $1.00 vs. $0.43
  • Full fiscal 2026: net sales $1.73 billion, up 26%; net income attributable to Penguin Solutions $181 million
  • Fiscal 2027 outlook: net sales about $2.43 billion at midpoint (about 40% growth); GAAP diluted EPS $3.50; non-GAAP diluted EPS $4.45
Read the filing on SEC.gov ↗
Jul 17, 5:12 PM ET

Penguin Solutions issues $750.0 million of 0.00% convertible notes due 2031

Neutral financing Written later 1.012.033.028.01

Penguin Solutions issued $750.0 million of 0.00% convertible senior notes due August 1, 2031, including a $100.0 million option that the initial purchasers exercised in full. The company is using the estimated $735.1 million in net proceeds to repurchase $295.5 million of existing 2029 and 2030 convertible notes, pay $49.1 million for capped call transactions, and repay $100.0 million under a credit agreement. The new notes are convertible at an initial price of about $116.70 per share, and the capped calls are intended to reduce potential dilution.

  • $750.0 million principal, 0.00% interest rate, maturing August 1, 2031; initial conversion price of about $116.70 per share
  • Estimated net proceeds of $735.1 million, including about $136.7 million to repurchase $135.5 million of 2029 notes and about $161.4 million to repurchase $160.0 million of 2030 notes
  • Capped call cost of about $49.1 million with an initial cap price of $175.05 per share; $100.0 million used to repay the credit agreement
Read the filing on SEC.gov ↗

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.

Famous investors who own PENG

All investors →
InvestorValue% of portfolioLast quarter
Renaissance Technologies $1.94M0.00% New

From each investor's latest 13F filing (Q2 2026); positions are as of the quarter end and filed up to 45 days later.

Insider transactions

All insider trades →
DateInsiderTypeSharesPriceValue
Nov 02Clark Joseph Gates
SVP and Pres, Optimized LED
Sell 10b5-15.77K$49.66$286.68K
Oct 29Frey Anthony George
SVP and Chief Revenue Officer
Sell 10b5-14.63K$58.91$272.81K
Oct 23Clark Joseph Gates
SVP and Pres, Optimized LED
Sell 10b5-1869$51.52$44.77K
Oct 20Kuykendall Anne
SVP and Chief Legal Officer
Tax Withholding 10b5-13.06K$56.54$173.12K
Oct 20Frey Anthony George
SVP and Chief Revenue Officer
Tax Withholding5.18K$56.54$293.10K
Oct 20Clark Joseph Gates
SVP and Pres, Optimized LED
Tax Withholding1.34K$56.54$75.71K
Oct 06Cumming Stephen
SVP and CFO
Award33.50K—$0
Oct 03Kuykendall Anne
SVP and Chief Legal Officer
Tax Withholding20.98K$61.36$1.29M
Oct 03Clark Joseph Gates
SVP and Pres, Optimized LED
Tax Withholding13.44K$61.36$824.49K
Sep 29Shaikh Kashif
Director, President and CEO
Award53.93K—$0
Sep 29Kuykendall Anne
SVP and Chief Legal Officer
Award11.55K—$0
Sep 29Frey Anthony George
SVP and Chief Revenue Officer
Award11.55K—$0

Prices are end-of-day and split-adjusted. Financial data from Penguin Solutions, Inc.'s SEC XBRL filings. Not investment advice.