PENG trades 5.9% below Wall Street's consensus target of $65.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes PENG achieves its forward estimates and maintains a stable P/E multiple of 23.5x. This scenario reflects the blended consensus of 9 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of October 3, 2026, Penguin Solutions, Inc. (PENG) has a Wall Street consensus price target of $65.00, based on estimates from 9 covering analysts. With the stock currently trading at $61.36, this represents a potential upside of +5.9%. The company has a market capitalization of $3.14B.
Analyst price targets range from a low of $40.00 to a high of $80.00, representing a 62% spread in expectations. The median target of $75.00 differs from the mean, suggesting potential outlier estimates. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 7 analysts rating the stock as a Buy or Strong Buy,1 rating it Hold, and 1 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, PENG trades at a trailing P/E of 219.1x and forward P/E of 23.5x. Analysts expect EPS to grow +43.9% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $27.16, with bear and bull scenarios of $17.11 and $35.79 respectively. Model confidence stands at 49/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 SMCISuper Micro Computer, Inc. | $28.3B | $43.68 | $41.44 | -5.1% | Hold | 15.6x | 25 |
 ATENA10 Networks, Inc. | $2.0B | $27.63 | $36.00 | +30.3% | Buy | 26.5x | 21 |
 ITRNIturan Location and Control Ltd. | $1.0B | $52.53 | $56.00 | +6.6% | Hold | 14.7x | 5 |
 MTSIMACOM Technology Solutions Holdings, Inc. | $24.5B | $321.60 | $401.25 | +24.8% | Buy | 58.3x | 25 |
 HPEHewlett Packard Enterprise Company | $91.8B | $69.35 | $70.35 | +1.4% | Hold | 18.1x | 39 |
 DELLDell Technologies Inc. | $373.6B | $562.42 | $563.41 | +0.2% | Buy | 56.4x | 45 |
 NTAPNetApp, Inc. | $44.8B | $226.27 | $203.30 | -10.2% | Hold | 28.3x | 71 |
 PSTGEverpure, Inc | $28.5B | $86.22 | $87.00 | +0.9% | Buy | 35.2x | 32 |
 NVDANVIDIA Corporation | $5.7T | $233.95 | $338.96 | +44.9% | Buy | 25.2x | 79 |
 AMDAdvanced Micro Devices, Inc. | $1.0T | $633.91 | $602.59 | -4.9% | Buy | 83.1x | 71 |
Quick answers to the most common questions about buying PENG stock.
The consensus price target for PENG is $65, close to the current price of $61.36 (5.9% implied move). Based on 9 analyst estimates, the stock appears fairly valued near current levels.
PENG has a consensus rating of "Buy" based on 9 Wall Street analysts. The rating breakdown is predominantly bullish, with 7 Buy/Strong Buy ratings. The consensus 12-month price target of $65 implies 5.9% upside from current levels.
PENG trades at a forward P/E of 23.4673x, representing a moderate valuation. With analysts targeting $65 (5.9% implied move), the stock appears reasonably valued with upside.
The most bullish Wall Street analyst has a price target of $80 for PENG, while the most conservative target is $40. The consensus of $65 represents the median expectation. Our quantitative valuation model projects a bull case target of $36 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
PENG is moderately covered, with 9 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 7 have Buy ratings, 1 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month PENG stock forecast based on 9 Wall Street analysts shows a consensus price target of $65, with estimates ranging from $40 (bear case) to $80 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $27, with bear/bull scenarios of $17/$36.
Our quantitative valuation model calculates PENG's fair value at $27 (base case), with a bear case of $17 and bull case of $36. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 49/100.
PENG trades at a forward P/E ratio of 23.5x based on next-twelve-months earnings estimates compared to a trailing P/E of 219.1x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
PENG appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $65 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
PENG analyst price targets range from $40 to $80, a 62% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $65 consensus represents the middle ground. Our model's $17-$36 range provides an independent fundamental perspective.
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