Penguin Solutions (PENG) Flies 13% on Stellar Earnings, FY Outlook

Penguin Solutions (PENG) stock rose 3.7% premarket after reporting Q3 2026 results. Net sales grew 68% YoY to $567M, beating estimates. Non-GAAP EPS was $1.00, a 29.5% beat. The company raised its fiscal 2027 outlook, with AI-driven businesses growing 141% YoY. CEO Kash Shaikh noted strong demand from neocloud customers.

Penguin Solutions (PENG) reported Q4 net sales of $566.69M, up 68% YoY, and EPS of $1, up 133%. The company raised FY27 guidance, expecting $2.43B in sales and $4.45 EPS. Barclays noted potential margin pressures. PENG stock rose to a 2-month high, with retail sentiment 'Extremely Bullish'.

Penguin Solutions (PENG) reported Q4 2026 net sales of $567M, up 68% YoY, and EPS of $1, up 133%. AI-driven businesses grew 141% YoY, contributing 78% of net sales. Full-year sales were $1.73B, up 26% YoY. The company raised its fiscal 2027 outlook, expecting record sales and EPS growth outpacing revenue growth.

Penguin Solutions (PENG) shares rose 13% to $72.65 after Q4 results and raised FY27 outlook, citing AI and data center demand. Stock traded between $16.04 and $89.86 in past 52 weeks.

Penguin Solutions (PENG) shares rose 13% after reporting record Q4 sales of $567M, up 68%, and non-GAAP EPS of $1.00, beating estimates. The company raised its fiscal 2027 outlook to $2.43B in sales and $4.45 in non-GAAP EPS, exceeding consensus. Growth was driven by Integrated Memory and AI infrastructure, including a new AI factory in Norway. The stock trades at 23x forward earnings, above its five-year average. The company used $152M in operating cash in fiscal 2026.

Penguin Solutions (PENG) shares rose 15% to $73.88 after reporting Q4 revenue of $567M, up 68% YoY, and raising its 2027 outlook. The company expects $2.43B in revenue, up 40%, and $4.45 in EPS, up 55%. It also secured a $750M convertible notes offering.