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Penguin Solutions Announces Leadership Changes for Growth

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Penguin Solutions Announces Leadership Changes for Growth

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Penguin Solutions ( (PENG) ) just unveiled an announcement.

On July 28, 2025, Penguin Solutions announced the departure of Pete Manca and the appointment of Tony Frey and Ted Gillick to senior leadership roles as part of a strategic realignment. This move is intended to accelerate growth and support innovation, positioning the company as a leader in AI infrastructure solutions.

The most recent analyst rating on (PENG) stock is a Buy with a $25.00 price target. To see the full list of analyst forecasts on Penguin Solutions stock, see the PENG Stock Forecast page.

Spark’s Take on PENG Stock

According to Spark, TipRanks’ AI Analyst, PENG is a Outperform.

Penguin Solutions’ strong technical momentum and positive corporate events are the most significant factors driving the stock score. Despite challenges in profitability and valuation concerns, the company’s solid revenue growth and strategic initiatives provide a positive outlook.

To see Spark’s full report on PENG stock, click here.

More about Penguin Solutions

Penguin Solutions operates in the technology industry, focusing on computing, memory, and LED products. The company aims to assist customers in overcoming technological challenges by leveraging its expertise and partnerships.

Average Trading Volume: 891,673

Technical Sentiment Signal: Buy

Current Market Cap: $1.31B

See more data about PENG stock on TipRanks’ Stock Analysis page.

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