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Penguin Solutions Approves $75 Million Stock Buyback

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Penguin Solutions Approves $75 Million Stock Buyback

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Penguin Solutions ( (PENG) ) has issued an update.

On October 6, 2025, Penguin Solutions‘ Audit Committee approved a $75 million stock repurchase authorization, allowing the company to buy back shares of its common stock as part of its strategic financial management. The company reported strong financial results for fiscal 2025, with net sales increasing by 17% to $1.37 billion and significant improvements in both GAAP and non-GAAP earnings per share, reflecting its successful transformation and growth in the enterprise AI sector.

The most recent analyst rating on (PENG) stock is a Buy with a $31.00 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 Neutral.

Penguin Solutions’ overall score is driven by strong revenue growth and strategic initiatives, including leadership changes and financial restructuring. However, challenges in profitability and valuation concerns due to negative earnings impact the score negatively.

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

More about Penguin Solutions

Penguin Solutions is an enterprise AI infrastructure solutions company, focusing on designing, building, deploying, and managing AI implementations. The company operates in the advanced computing, integrated memory, and optimized LED sectors.

Average Trading Volume: 1,033,306

Technical Sentiment Signal: Buy

Current Market Cap: $1.54B

Find detailed analytics on PENG stock on TipRanks’ Stock Analysis page.

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