Penguin Solutions sets fiscal results date for Penguin Solutions stock

Penguin Solutions will report its fourth-quarter and fiscal 2026 results on October 6, 2026, giving the AI infrastructure company its next major test after a strong third quarter. Penguin Solutions set the conference call for 4:30 p.m. ET on that date and said fiscal 2026 ended August 28, 2026.

October results carry the next test

The scheduled release follows third-quarter fiscal 2026 revenue of USD 478.71 million and non-GAAP diluted earnings per share of USD 0.84. Yahoo Finance reported that third-quarter revenue increased 48 percent year over year and that management raised its fiscal 2026 outlook for net sales and non-GAAP diluted earnings per share.

The latest quarter also delivered a quantified expectations comparison. MarketBeat said revenue exceeded the USD 407.47 million estimate, while earnings per share came in at USD 0.84 versus USD 0.63 expected. The revenue gap was USD 71.24 million, while the earnings-per-share gap was USD 0.21.

AI demand shapes the outlook

The third-quarter transcript described AI-driven businesses as 74 percent of company sales, with that group growing 104 percent year over year. The same update put non-GAAP operating income at USD 64 million and non-GAAP gross margin at 28.10 percent for the third quarter of fiscal 2026.

For the fourth quarter, analysts cited by MarketBeat expect revenue of USD 519.32 million and earnings per share of USD 0.77. That forecast would place quarterly revenue above the prior USD 478.71 million result, making the October report important for judging whether AI infrastructure demand is broadening beyond the latest quarter.

Nasdaq valuation remains wide

Penguin Solutions was last at USD 54.69 on Nasdaq on September 30, 2026 at 4:00 p.m. ET, versus a prior close of USD 55.79. Its market capitalization was USD 2.8 billion on that date, while the 52-week range stood at USD 16.04 to USD 89.86.

The quote sits USD 35.17 below the 52-week high, leaving the upcoming results to address both growth expectations and the distance from the yearly peak. MarketBeat reported a Moderate Buy consensus from nine analysts, with six Buy ratings, two Holds and one Sell and an average 12-month target of USD 63.33.