The latest price target for Penguin Solutions (NASDAQ:PENG) was reported by Barclays on October 16, 2024. The analyst firm set a price target for $22.00 expecting PENG to rise to within 12 months (a possible 40.31% upside). 3 analyst firms have reported ratings in the last year.

The latest analyst rating for Penguin Solutions (NASDAQ:PENG) was provided by Barclays, and Penguin Solutions maintained their overweight rating.

There is no last upgrade for Penguin Solutions

There is no last downgrade for Penguin Solutions.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Penguin Solutions, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Penguin Solutions was filed on October 16, 2024 so you should expect the next rating to be made available sometime around October 16, 2025.

While ratings are subjective and will change, the latest Penguin Solutions (PENG) rating was a maintained with a price target of $27.00 to $22.00. The current price Penguin Solutions (PENG) is trading at is $15.68, which is out of the analyst’s predicted range.