Penguin Solutions
PENG · NASDAQ · Technology
$47.50
$4.05 (-8.53%) today
Market Cap
$2.43B
24h Volume
$107.1M
P/E Ratio
18.3
52w High
$81.39
52w Low
$16.24
Est. AI Revenue
50%
7-Day Sparkline (Static)
Company facts
Performance
About Penguin Solutions
Penguin Solutions helps organizations stand up and run AI infrastructure. Through its Penguin Computing unit it designs, builds, deploys, and manages large scale GPU and HPC clusters for enterprises, government labs, and cloud providers, earning revenue on hardware, integration, software, and managed services.
Its advanced computing segment includes OriginAI, a validated AI infrastructure offering, and ICE ClusterWare, its cluster management software. A second segment, SMART Modular, supplies specialty memory modules for servers and embedded systems, and a third sells LED products. SK Telecom holds a strategic investment in the company.
The company traces to SMART Modular Technologies, founded in 1988, and was renamed Penguin Solutions to reflect its AI infrastructure focus. Headquartered in Fremont, California, it employs about 2,900 people and trades on the NASDAQ.
Penguin Solutions in the AI buildout
Penguin Solutions operates in the Data Centers layer and Cloud Infrastructure layer, doing the hard integration work between buying GPUs and running a production AI cluster: architecture, deployment, cluster software, and ongoing management. Enterprises that lack hyperscaler engineering teams hire Penguin to make thousands of GPUs work as one system. Its SMART Modular unit adds Memory & Storage layer exposure, supplying the specialty memory that servers and embedded systems rely on.
PENG is tracked in Data Centers & Hardware, Cloud & Hyperscalers and Memory & Storage, rated Core on the AI Exposure leaderboard.
By the numbers
52-week range
PENG trades at $47.50, 48% of the way up its 52-week range of $16.24 to $81.39.
Market cap
Market capitalization is $2.43B, with an AI Exposure Score of 72 out of 100.
Valuation vs peers
Its P/E ratio of 18.3 is below the Data Centers & Hardware category median of 24.1.
Next earnings
Penguin Solutions is next expected to report earnings on January 5, 2027.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Penguin Solutions do?
Penguin Solutions designs, builds, deploys, and manages AI and high performance computing infrastructure for enterprises, labs, and service providers. It also makes specialty memory modules through SMART Modular and sells LED products through a third segment.
How is Penguin Solutions exposed to AI?
GPU cluster design, deployment, and management is Penguin's core identity and main growth engine. Supercycle rates it Core with an AI Exposure Score of 72 out of 100, with legacy memory and LED lines diluting the exposure.
What are Penguin Solutions' main products?
Penguin Computing builds and manages GPU and HPC clusters, OriginAI packages validated AI infrastructure, and ICE ClusterWare handles cluster management. SMART Modular supplies specialty memory modules, and an LED segment rounds out the portfolio.
Who leads Penguin Solutions?
Kash Shaikh serves as CEO of Penguin Solutions. The company is headquartered in Fremont, California, employs about 2,900 people, and traces its roots to SMART Modular Technologies, founded in 1988, before its rename to Penguin Solutions.
Is PENG a pure play AI stock?
No, though it is close to one in spirit. Supercycle scores Penguin 72 out of 100, in the Core tier. AI cluster work drives the story, but specialty memory and LED products still make up a meaningful share of revenue.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
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