Reported 11 days ago
Penguin Solutions, currently trading at around $17, is being highlighted as a potential undervalued player in the AI sector, particularly following a recent disappointing earnings report. Analysts from Goldman Sachs have rated it a 'buy,' projecting its stock could reach between $21 and $27 due to its strong product offerings that support AI's growing data demands. With expectations of a revenue rebound in 2025, investors who missed out on Nvidia may find Penguin an attractive investment opportunity.
Source: YAHOO