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Source document· April 4, 2026

Rosenblatt Raises its Price Target on Penguin Solutions. (PENG) to $32

View original at finance.yahoo.com

Rosenblatt Raises its Price Target on Penguin Solutions. (PENG) to $32 Penguin Solutions, Inc. (NASDAQ:PENG) is one of the 10 Best Stocks That Beat Earnings Estimates…

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Certain AI stocks offer greater upside potential and carry less downside risk than PENG
60% confidence
The company added five AI/HPC customers during the quarter and continues to see momentum in its pipeline, supported by growing demand for memory-driven AI workloads
60% confidence
Strong demand from enterprises, governments, and cloud providers building AI infrastructure
60% confidence
Penguin Solutions price target raised to $32 from $30 with Buy rating maintained
60% confidence
The company added five new customers in its advanced computing segment, highlighting continued expansion beyond hyperscalers as a driver of more consistent and profitable growth
60% confidence
Penguin Solutions price target raised to $27 from $25 with Buy rating maintained
60% confidence