Penguin Solutions Stock rises after a Q3 beat, stronger guidance, analyst target hikes, and upbeat AI memory demand commentary.

Penguin Solutions Inc (NASDAQ:PENG) reports financial results for the third quarter of fiscal 2026 after the market close on Tuesday.

Penguin Solutions posted $479M in Q3 sales, up 48% year-over-year, with non-GAAP EPS of $0.84. The AI infrastructure firm raised its full-year guidance.

Penguin Solutions shares are trading higher Wednesday after it announced better-than-expected Q3 results on Tuesday after the market closed.

U.S. stocks fell, Nasdaq down 100 points. Penguin Solutions Inc (PENG) rose 18.8% after better-than-expected earnings. Other big gainers: PRME, BZH, WULF, VRXA, BABA, ACDC, KC,…

Penguin Solutions (NASDAQ:PENG) reported strong Q3 results, beating estimates for EPS and revenue. Fiscal year guidance also raised. Stock rose 17%.

Penguin Solutions Stock rises after a Q3 beat, stronger guidance, analyst target hikes, and upbeat AI memory demand commentary.