Analysts lower price target, revenue up 24%, concerns about sustainability

From Financial Modeling Prep: 2025-01-13 16:00:02

Penguin Solutions has seen a slight decrease in its consensus price target over the past year, indicating a shift in analyst sentiment. The company reported a 24% year-over-year revenue increase, with significant growth in its Advanced Computing segment. Despite positive trends, challenges such as inconsistent revenue growth and significant debt raise concerns about sustainable growth.



Read more at Financial Modeling Prep:: Penguin Solutions, Inc. (NASDAQ:PENG) Overview and…