2 weeks ago
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Ghazal Ahmed
Sat, January 17, 2026 astatine 11:27 AM CST 1 min read
Penguin Solutions, Inc. (NASDAQ:PENG) is 1 of the Hot AI Stocks to Keep connected Your Radar. On January 13, Citizens expert Rustam Kanga reiterated a Market Outperform standing connected the banal with a $26.00 terms target.
The standing affirmation follows firm’s gathering with institution executives astatine the 2026 Consumer Electronics Show (CES) successful Las Vegas. Firm expert met with Penguin Solutions CEO Mark Adams and CFO Nate Olmstead astatine the Bellagio edifice during the exertion manufacture event. The gathering focused connected Penguin Solution’s endeavor and sovereign AI opportunities.
A laptop and a machine show show a elaborate banal marketplace method investigation chart. Photo by Jakub Zerdzicki connected Pexels
The steadfast highlighted however PENG banal has declined an estimated 0.9% year-to-date, underperforming the Russell 3000 index. Despite the caller underperformance, the steadfast anticipates PENG to outperform the broader market. The firm’s terms people is simply a reflection of PENG stock’s valuation, with a peculiar absorption connected its vulnerability to artificial intelligence.
Penguin Solutions, Inc. (NASDAQ:PENG) is simply a starring AI and HPC computing institution engaged successful the plan and improvement of endeavor solutions worldwide.
While we admit the imaginable of PENG arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.
READ NEXT: 11 AI Stocks connected the Market’s Radar and 10 Trending AI Stocks connected Wall Street
Disclosure: None.
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