Year-End Expectations for Penguin Solutions' Performance

Penguin Solutions, Inc. (NASDAQ:PENG) has recently emerged as one of the small-cap technology stocks attracting attention from numerous investors and hedge funds. On October 1, 2025, Rosenblatt Securities reiterated its Buy rating for Penguin Solutions and raised its 12-month price target from $27 to $36. One week later, on October 8, 2025, the company maintained its Buy rating but reduced its price target to $30. This change reflects variations in trends regarding memory prices and shifts in expectations for recent hardware orders from major clients, particularly companies like Meta Platforms.

Analysts have observed a strengthening in memory demand and continue to evaluate Penguin Solutions as a long-term growth play in corporate artificial intelligence infrastructure. On October 14, Rosenblatt reaffirmed its $30 price target with a Buy recommendation.

Penguin Solutions, Inc., based in California, provides high-performance computing and artificial intelligence infrastructure solutions for enterprise, cloud, and government sectors.

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