About Penguin Solutions, Inc. - Common Stock (PENG)
Penguin Solutions, Inc. is a technology company specializing in advanced artificial intelligence and machine learning solutions, providing businesses with innovative tools to enhance their data analysis, optimization, and operational capabilities. The company focuses on creating scalable software and hardware platforms that facilitate the development and deployment of AI-driven applications, allowing organizations to harness the power of big data and improve decision-making processes. Through a combination of cutting-edge technologies and expert insights, Penguin Solutions aims to empower its clients to achieve greater efficiency and drive digital transformation across various industries. Read More
Shares of semiconductor maker Penguin Solutions (NASDAQ:PENG) fell 16.2% in the afternoon session after the company reported third-quarter financial results that missed revenue expectations and provided a disappointing forecast.
Semiconductor maker Penguin Solutions (NASDAQ:PENG) fell short of the market’s revenue expectations in Q3 CY2025, but sales rose 8.6% year on year to $337.9 million. Its non-GAAP profit of $0.37 per share was in line with analysts’ consensus estimates.
Investors and traders are closely monitoring the gap up and gap down stocks in today's session on Wednesday. Let's explore the market movements and identify the stocks with significant gaps.
Semiconductor maker Penguin Solutions (NASDAQ:PENG) missed Wall Street’s revenue expectations in Q3 CY2025, but sales rose 8.6% year on year to $337.9 million. Its non-GAAP profit of $0.37 per share was in line with analysts’ consensus estimates.
Penguin Solutions, Inc. (“Penguin Solutions,” “we,” “us,” or the “Company”) (Nasdaq: PENG) today reported financial results for the fourth quarter and full year fiscal 2025.
A number of stocks fell in the afternoon session after reports revealed tech giant Oracle is generating lower-than-expected margins in its cloud business and losing money on Nvidia chip rentals. The news caused Oracle's shares to tumble over 5% and sparked a wider tech sell-off, pulling the S&P 500 and Nasdaq down.
Shares of semiconductor maker Penguin Solutions (NASDAQ:PENG) jumped 4.4% in the morning session after an analyst at Stifel maintained a 'Buy' rating and raised the firm's price target on the company's shares.
