Penguin Solutions, Inc.

Penguin Solutions, Inc.

PENG

$56.58

Updated: 23/09/2026, 09:37:46

Market Cap
$2.90B
Sector
Technology
Industry
Semiconductors
Country
US
Stock valuation chart
One-year closing share-price history for PENG
Company Profile

Penguin Solutions, Inc. is a global technology company focused on designing and delivering advanced enterprise solutions. Its business operations are segmented into three primary divisions: Advanced Computing, Integrated Memory, and Optimized LED. Within its Integrated Memory segment, the company supplies sophisticated memory solutions, including dynamic random access memory (DRAM) modules, solid-state drives (SSDs), and flash storage. These offerings cater to demanding applications in networking, telecommunications, data analytics, and artificial intelligence/machine learning. This segment also provides comprehensive supply chain management services, encompassing procurement, logistics, inventory control, temporary warehousing, programming, kitting, and packaging. The Advanced Computing division features several key product lines. Penguin Computing delivers specialized technical computing for core data centers and cloud environments, focusing on high-performance computing (HPC) and AI solutions. Penguin Edge offers robust edge computing tailored for embedded and wireless applications, serving critical sectors such as government, healthcare, manufacturing, and telecommunications. Moreover, the Stratus brand provides inherently fault-tolerant computing solutions—combining hardware and software—that are simplified, protected, and autonomous for both data center and edge deployments, supporting industries like education, energy, financial services, government, hyperscale, and manufacturing. The Optimized LED segment produces advanced LED components under the Cree LED brand, including blue and green gallium nitride-based LED chips and associated materials. It also manufactures surface mount devices (SMDs) under the Cree LED XLamp and J Series brands. Penguin Solutions reaches its diverse clientele, which includes original equipment manufacturers (OEMs), enterprise clients, government entities, and other end-users, through a multi-channel sales approach. This includes a direct sales force, e-commerce platforms, customer service teams, on-site field application engineers, independent sales representatives, distributors, integrators, and resellers. Founded in 1988 and headquartered in Grand Cayman, Cayman Islands, the company will officially adopt the name Penguin Solutions, Inc. in October 2024, having previously operated as SMART Global Holdings, Inc.

USD
NASDAQ
CEO: Kash Shaikh
Employees: 2,900
https://www.penguinsolutions.com
Asset Summaries
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Detailed business
Structured knowledge from the latest official annual filing.
No official annual filing has completed ingestion for this company yet. The filing worker processes major-index companies incrementally and never repeats a completed fiscal year.
Full company information
Latest profile, trading, valuation, and identifier data stored for PENG.
Share price
$56.58
Market cap
$2.90B
Exchange
NASDAQ
Currency
USD
CEO
Kash Shaikh
Employees
2,900
IPO date
24/05/2017
Beta
2.854
Last dividend
$0.00
Day range
$54.47 – $57.50
52-week range
$16.04 – $89.86
1-day performance
3.04%
1-year performance
252.74%
Current drawdown (1Y)
-37.04%
CIK
0001616533
CUSIP
706915105
ISIN
US7069151055
Created
07/12/2025, 05:43:26
Last update
23/09/2026, 09:37:46

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Latest Database News
News linked to PENG from your Railway `news_articles` table.

Penguin Solutions, Inc. (PENG) is a Great Momentum Stock: Should You Buy?

Zacks Investment Research • STOCK • 11/06/2026, 15:01:09

Will PENG's Diversifying AI Customer Base Improve Revenue Visibility?

Zacks Investment Research • STOCK • 10/06/2026, 13:26:26

Penguin Solutions: AI Inference, Memory Demand And A Strong Buy Rating

Seeking Alpha • STOCK • 04/06/2026, 18:53:56

Why Penguin Solutions, Inc. (PENG) Might be Well Poised for a Surge

Zacks Investment Research • STOCK • 04/06/2026, 15:20:15

PENG's Integrated Memory Segment Rises: Can It Drive Long-Term Growth?

Zacks Investment Research • STOCK • 03/06/2026, 15:41:12

Penguin Solutions, Inc. (PENG) Moves 18.3% Higher: Will This Strength Last?

Zacks Investment Research • STOCK • 03/06/2026, 07:01:07

PENG Soars 215% in 3 Months: Is the Stock Still Worth Betting?

Zacks Investment Research • STOCK • 02/06/2026, 14:40:31

A Penguin Solutions Director Sold 12,000 Company Shares. Here's What That Means for Investors.

Fool - Investing News • STOCK • 30/05/2026, 23:23:13

Is Penguin Solutions Inc (PENG) Overvalued After 3.3% Rally? GF Value Says Overvalued

GuruFocus • STOCK • 29/05/2026, 20:55:00

Penguin Solutions, Inc. (PENG) Upgraded to Strong Buy: Here's Why

Zacks Investment Research • STOCK • 22/05/2026, 15:01:15

Penguin Solutions Strengthens AI Factory Platform Strategy with Appointment of David Heard to Board of Directors

Business Wire • STOCK • 18/05/2026, 18:15:00

Penguin Solutions, Inc. (PENG) Hits Fresh High: Is There Still Room to Run?

Zacks Investment Research • STOCK • 07/05/2026, 12:15:22