Penguin Solutions is trading 8.8% up at $85.85 as investors continue to react to its July 7 third quarter fiscal 2026 earnings beat and sharply raised full-year guidance.

  • Revenue jumped 48% year-over-year to $479 million, while non-GAAP EPS rose to $0.84.
  • Management lifted 2026 net sales growth expectations to 22%, driven by strong agentic AI-related demand.