Latest news with #PenguinSolutions
Yahoo
a day ago
- Business
- Yahoo
Why Penguin Solutions (PENG) Stock Is Trading Up Today
What Happened? Shares of semiconductor maker Penguin Solutions (NASDAQ:PENG) jumped 3.6% in the afternoon session after analysts at Rosenblatt Securities reaffirmed their "buy" rating on the stock. The investment firm maintained its positive outlook on Monday, setting a price objective of $27.00 on the stock, which points to a potential upside of over 16%. This bullish sentiment was echoed by Zacks Investment Research, which holds a "1-Strong Buy" rating on the company. The positive analyst actions follow a broader trend of increasing optimism. The average 12-month price target among nine analysts recently rose to $26.89, a 7.3% increase from the previous average. Adding to the positive news, Penguin also announced a strategic agreement with CDW to offer its AI infrastructure portfolio to a wider customer base. After the initial pop the shares cooled down to $24.19, up 3.5% from previous close. Is now the time to buy Penguin Solutions? Access our full analysis report here, it's free. What Is The Market Telling Us Penguin Solutions's shares are very volatile and have had 23 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 11 days ago when the stock dropped 3.3% on the news that the U.S. jobs report for July came in significantly weaker than expected while new widespread import tariffs were announced, sparking fears of a potential economic slowdown. The U.S. economy added only 73,000 jobs, far below estimates, and massive downward revisions to the prior two months painted a much weaker picture of the labor market. This has stoked recession fears, which would directly impact demand for chips used in countless products. Compounding these worries, the White House announced new tariffs, including a 20% levy on imports from Taiwan, a global hub for chip manufacturing. This dual shock of slowing domestic growth and renewed trade friction creates a challenging outlook for the highly cyclical and globally connected semiconductor industry, leading to a broad-based sell-off. Penguin Solutions is up 25.2% since the beginning of the year, and at $24.19 per share, it is trading close to its 52-week high of $25.16 from July 2025. Investors who bought $1,000 worth of Penguin Solutions's shares 5 years ago would now be looking at an investment worth $1,713. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
04-08-2025
- Business
- Yahoo
AMD (AMD) Q2 Earnings Report Preview: What To Look For
Computer processor maker AMD (NASDAQ:AMD) will be reporting earnings this Tuesday after market hours. Here's what investors should know. AMD beat analysts' revenue expectations by 4.4% last quarter, reporting revenues of $7.44 billion, up 35.9% year on year. It was a satisfactory quarter for the company, with an impressive beat of analysts' adjusted operating income estimates but an increase in its inventory levels. Is AMD a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting AMD's revenue to grow 27.3% year on year to $7.43 billion, improving from the 8.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.48 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. AMD has a history of exceeding Wall Street's expectations, beating revenue estimates every single time over the past two years by 1.5% on average. Looking at AMD's peers in the processors and graphics chips segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Qorvo's revenues decreased 7.7% year on year, beating analysts' expectations by 5.3%, and Penguin Solutions reported revenues up 7.9%, falling short of estimates by 1.4%. Qorvo traded up 2.3% following the results while Penguin Solutions was also up 10.6%. Read our full analysis of Qorvo's results here and Penguin Solutions's results here. Investors in the processors and graphics chips segment have had fairly steady hands going into earnings, with share prices down 1.5% on average over the last month. AMD is up 26.6% during the same time and is heading into earnings with an average analyst price target of $155.96 (compared to the current share price of $170.69). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-08-2025
- Business
- Yahoo
Earnings To Watch: Lattice Semiconductor (LSCC) Reports Q2 Results Tomorrow
Semiconductor designer Lattice Semiconductor (NASDAQ:LSCC) will be announcing earnings results this Monday after market hours. Here's what to look for. Lattice Semiconductor met analysts' revenue expectations last quarter, reporting revenues of $120.2 million, down 14.7% year on year. It was a slower quarter for the company, with an increase in its inventory levels and a slight miss of analysts' adjusted operating income estimates. Is Lattice Semiconductor a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Lattice Semiconductor's revenue to be flat year on year at $123.6 million, improving from the 34.7% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.24 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Lattice Semiconductor has missed Wall Street's revenue estimates four times over the last two years. Looking at Lattice Semiconductor's peers in the processors and graphics chips segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Qorvo's revenues decreased 7.7% year on year, beating analysts' expectations by 5.3%, and Penguin Solutions reported revenues up 7.9%, falling short of estimates by 1.4%. Qorvo traded up 2.3% following the results while Penguin Solutions was also up 10.6%. Read our full analysis of Qorvo's results here and Penguin Solutions's results here. Investors in the processors and graphics chips segment have had fairly steady hands going into earnings, with share prices down 1.5% on average over the last month. Lattice Semiconductor is down 3.7% during the same time and is heading into earnings with an average analyst price target of $63.31 (compared to the current share price of $48.99). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-07-2025
- Business
- Yahoo
Intel (INTC) Q2 Earnings: What To Expect
Computer processor maker Intel (NASDAQ:INTC) will be reporting results this Thursday after market close. Here's what to expect. Intel beat analysts' revenue expectations by 2.6% last quarter, reporting revenues of $12.67 billion, flat year on year. It was a satisfactory quarter for the company, with a solid beat of analysts' EPS estimates but revenue guidance for next quarter slightly missing analysts' expectations. Is Intel a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Intel's revenue to decline 7.1% year on year to $11.93 billion, a deceleration from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $0.01 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Intel has missed Wall Street's revenue estimates twice over the last two years. Looking at Intel's peers in the semiconductors segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Penguin Solutions delivered year-on-year revenue growth of 7.9%, missing analysts' expectations by 1.4%, and Micron reported revenues up 36.6%, topping estimates by 4.9%. Penguin Solutions traded up 10.6% following the results while Micron was down 1.2%. Read our full analysis of Penguin Solutions's results here and Micron's results here. There has been positive sentiment among investors in the semiconductors segment, with share prices up 7.8% on average over the last month. Intel is up 10.4% during the same time and is heading into earnings with an average analyst price target of $21.71 (compared to the current share price of $23.40). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-07-2025
- Business
- Yahoo
1 Cash-Heavy Stock for Long-Term Investors and 2 We Avoid
Companies with more cash than debt can be financially resilient, but that doesn't mean they're all strong investments. Some lack leverage because they struggle to grow or generate consistent profits, making them unattractive borrowers. Not all businesses with cash are winners, and that's why we built StockStory - to help you separate the good from the bad. Keeping that in mind, here is one company with a net cash position that can leverage its balance sheet to grow and two that may struggle. Two Stocks to Sell: Penguin Solutions (PENG) Net Cash Position: $12.42 million (1% of Market Cap) Based in the US, Penguin Solutions (NASDAQ:PENG) is a diversified semiconductor company offering memory, digital, and LED products. Why Do We Avoid PENG? Annual sales declines of 5% for the past two years show its products and services struggled to connect with the market during this cycle Poor expense management has led to an operating margin of 2.5% that is below the industry average Underwhelming 5% return on capital reflects management's difficulties in finding profitable growth opportunities, and its falling returns suggest its earlier profit pools are drying up Penguin Solutions's stock price of $24.43 implies a valuation ratio of 14.3x forward P/E. Dive into our free research report to see why there are better opportunities than PENG. News Corp (NWSA) Net Cash Position: $130 million (0.7% of Market Cap) Established in 2013 after a restructuring, News Corp (NASDAQ:NWSA) is a multinational conglomerate known for its news publishing, broadcasting, digital media, and book publishing. Why Are We Out on NWSA? Annual revenue declines of 2.5% over the last five years indicate problems with its market positioning Anticipated sales growth of 2.5% for the next year implies demand will be shaky ROIC of 6.3% reflects management's challenges in identifying attractive investment opportunities At $30.21 per share, News Corp trades at 33.4x forward P/E. Read our free research report to see why you should think twice about including NWSA in your portfolio, it's free. One Stock to Buy: F&G Annuities & Life (FG) Net Cash Position: $1.64 billion (39.2% of Market Cap) Founded in 1959 and serving approximately 677,000 policyholders who rely on its financial protection products, F&G Annuities & Life (NYSE:FG) provides fixed annuities, life insurance, and pension risk transfer solutions to retail and institutional clients. Why Are We Bullish on FG? Annual net premiums earned growth of 33.9% over the last two years was superb and indicates its market share increased during this cycle Impressive 28.3% annual book value per share growth over the last two years indicates it's building equity value this cycle Capital generation for the next 12 months is expected to accelerate above its two-year trend as Wall Street forecasts robust book value per share growth of 50.3% F&G Annuities & Life is trading at $31.04 per share, or 0.9x forward P/B. Is now the right time to buy? Find out in our full research report, it's free. High-Quality Stocks for All Market Conditions Donald Trump's April 2024 "Liberation Day" tariffs sent markets into a tailspin, but stocks have since rebounded strongly, proving that knee-jerk reactions often create the best buying opportunities. The smart money is already positioning for the next leg up. Don't miss out on the recovery - check out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
