These Analysts Increase Their Forecasts On Penguin Solutions After Better-Than-Expected Q3 Earnings
1. PENG reported Q3 adjusted earnings of 47 cents, surpassing estimates. 2. Sales of $324.25 million missed expectations of $328.81 million. 3. FY2025 adjusted EPS guidance raised to $1.75-$1.85, but sales forecast narrowed. 4. Shares increased 6% to $22.45 post-earnings announcement. 5. Multiple analysts maintained or raised price targets following the earnings report.