Penguin Solutions Inc (NASDAQ:PENG) Could Shrink By -10.21% Or More

In last trading session, Penguin Solutions Inc (NASDAQ:PENG) saw 0.51 million shares changing hands with its beta currently measuring 1.99. Company’s recent per share price level of $17.23 trading at $0.23 or 1.35% at ring of the bell on the day assigns it a market valuation of $924.87M. That closing price of PENG’s stock is at a discount of -73.01% from its 52-week high price of $29.81 and is indicating a premium of 17.59% from its 52-week low price of $14.20. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.85 million shares which gives us an average trading volume of 836.13K if we extend that period to 3-months.

Penguin Solutions Inc (NASDAQ:PENG) trade information

Upright in the green during last session for gaining 1.35%, in the last five days PENG remained trading in the green while hitting it’s week-highest on Friday, 04/25/25 when the stock touched $17.23 price level, adding 0.4% to its value on the day. Penguin Solutions Inc’s shares saw a change of -10.21% in year-to-date performance and have moved 8.50% in past 5-day. Penguin Solutions Inc (NASDAQ:PENG) showed a performance of -9.03% in past 30-days. Number of shares sold short was 6.53 million shares which calculate 9.24 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 23 to the stock, which implies a rise of 25.09% to its current value. Analysts have been projecting 21 as a low price target for the stock while placing it at a high target of 23. It follows that stock’s current price would drop -21.88% in reaching the projected high whereas dropping to the targeted low would mean a loss of -21.88% for stock’s current value.

Penguin Solutions Inc (PENG) estimates and forecasts

This year revenue growth is estimated to rise 17.44% from the last financial year’s standing.

7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 330.82M for the same. And 7 analysts are in estimates of company making revenue of 340.49M in the next quarter. Company posted 300.58M and 311.15M of sales in current and next quarters respectively a year earlier.

In 2025, company’s earnings growth rate is likely to be around 29.81% while estimates for its earnings growth in next 5 years are of 24.30%.

Penguin Solutions Inc (NASDAQ:PENG)’s Major holders

Insiders are in possession of 2.42% of company’s total shares while institution are holding 110.62 percent of that, with stock having share float percentage of 113.36%. Investors also watch the number of corporate investors in a company very closely, which is 110.62% institutions for Penguin Solutions Inc that are currently holding shares of the company.

On the other hand, iShares Trust-iShares Core S&P Small-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 3.29 shares of worth $56.77 million or 6.14% of the total outstanding shares. The later fund manager was in possession of 1.57 shares on Dec 31, 2024 , making its stake of worth around $27.12 million in the company or a holder of 2.93% of company’s stock.