Exhibit 99.1 Press Release FOR IMMEDIATE RELEASE PENGUIN SOLUTIONS REPORTS Q3 FISCAL 2025 FINANCIAL RESULTS Company raises midpoint of full-year GAAP and Non-GAAP diluted EPS outlook Milpitas, Calif. – July 8, 2025 – Penguin Solutions, Inc. ("Penguin Solutions," "we," "us," or the "Company") (NASDAQ: PENG) today reported financial results for the third quarter of fiscal 2025. Third Quarter Fiscal 2025 Highlights "We delivered solid third quarter results while executing against our strategic objectives," sai ...

Group 1 - Penguin Solutions, Inc. is set to release its third-quarter earnings results on July 8, with expected earnings of 33 cents per share, a decrease from 37 cents per share in the same period last year [1] - The company projects quarterly revenue of $330.82 million, an increase from $300.58 million a year earlier [1] - In the second quarter, Penguin Solutions reported better-than-expected financial results, leading to a 1.8% increase in share price, closing at $20.17 [2] Group 2 - Goldman Sachs analyst Michael Ng maintained a Buy rating but reduced the price target from $26 to $22.5 [4] - JP Morgan analyst Samik Chatterjee initiated coverage with a Neutral rating and a price target of $20 [4] - Barclays analyst Tom O'Malley maintained an Overweight rating and raised the price target from $22 to $23 [4] - Loop Capital analyst Ananda Baruah initiated coverage with a Buy rating and a price target of $30 [4] - Stifel analyst Brian Chin maintained a Buy rating but lowered the price target from $32 to $27 [4]

Penguin Solutions is one of those lesser-covered semiconductor names that doesn’t come up often in AI investing circles, but I think it’ll become more well-known over the next few years. And that’s because even though the marketI am a financial analyst and writer with a strong foundation in financial modeling, valuation, and data analysis. I hold FMVA (Financial Modeling & Valuation Analyst) and BIDA (Business Intelligence & Data Analyst) certifications from the Corporate Finance Institute (CFI) in Canada.T ...

Summary of Penguin Solutions Conference Call Company Overview - The conference featured Penguin Solutions, with CEO Mark Adams and CFO Nate Onstead discussing the company's outlook and industry dynamics [2][4]. Industry Insights - Concerns about a potential economic slowdown in the latter half of the year were highlighted, particularly regarding supply chain impacts and customer demand [3][4]. - The company noted that while supply chain impacts are quantifiable, customer demand impacts are harder to assess, especially in light of recent economic discussions [5][11]. - The LED segment, which constitutes 15-20% of revenue but only 5% of operating profit, is significantly affected by supply chain issues [6][9]. Supply Chain and Tariff Impacts - The company is exploring alternatives to mitigate supply chain risks, including relocating some manufacturing to Malaysia [9][10]. - Tariff impacts have led to price increases, which were not well received by customers, resulting in shorter ordering windows and more conservative inventory management [13][14]. AI and Advanced Computing Opportunities - The company sees AI as a resilient sector, with enterprises still in the early stages of AI adoption compared to hyperscalers [15][16]. - Enterprises are moving from proof of concept to actual deployment, with significant opportunities in sectors like finance, energy, education, and federal defense [22][23]. - The emergence of "Neo Clouds" presents new opportunities, as these companies lack the capabilities to establish AI infrastructure independently [27][28]. Customer Engagement and Services - Penguin Solutions focuses on long-term customer relationships, emphasizing value-added services rather than one-off transactions [29][30]. - The company reported $230 million in high-margin services, indicating a strong service-oriented business model [32]. Competitive Landscape - The company differentiates itself from traditional competitors like Dell and HP by focusing on AI infrastructure management rather than just hardware sales [36][37]. - Partnerships with companies like SK are seen as strategic for expanding AI infrastructure capabilities and accessing new customer segments [53][54]. Financial Performance and Strategy - The company aims for a 15-17% growth target for the fiscal year, with a focus on managing debt levels and opportunistically buying back shares [61][63]. - Recent margin improvements in the memory segment were noted, with operating margins exceeding 10% [58][59]. Conclusion - Overall, Penguin Solutions is positioned to capitalize on AI and advanced computing trends while navigating supply chain challenges and economic uncertainties. The focus on customer relationships and service differentiation is expected to drive long-term growth and profitability [24][31].

Group 1 - The stock of Penguin Solutions, Inc. (PENG) closed at $16.91, reflecting a 4.5% gain over the past four weeks, with a mean price target of $25.06 indicating a potential upside of 48.2% [1] - The average price targets from analysts range from $18 to $30, with a standard deviation of $3.73, suggesting a variability in estimates; the lowest estimate indicates a 6.5% increase, while the highest suggests a 77.4% upside [2] - Analysts have shown increasing optimism regarding PENG's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which historically correlates with stock price movements [4][11] Group 2 - The Zacks Consensus Estimate for PENG's current year earnings has increased by 5.3% over the last 30 days, with two estimates moving higher and no negative revisions [12] - PENG holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, indicating a strong potential for upside in the near term [13] - While price targets may not be entirely reliable, the direction they imply appears to be a good guide for potential price movement [13]

Core Viewpoint - Penguin Solutions, Inc. (PENG) is experiencing significant selling pressure, with a 12.6% decline over the past four weeks, but is positioned for a potential trend reversal as it enters oversold territory, supported by analysts predicting better earnings than previously estimated [1]. Group 1: Technical Indicators - The Relative Strength Index (RSI) is utilized to identify oversold stocks, with a reading below 30 indicating oversold conditions [2]. - PENG's current RSI reading is 28.38, suggesting that the heavy selling may be exhausting, indicating a potential bounce back towards equilibrium [5]. Group 2: Fundamental Analysis - There is strong consensus among sell-side analysts to raise earnings estimates for PENG, with a 3.8% increase in the consensus EPS estimate over the last 30 days, which typically correlates with price appreciation [6]. - PENG holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further indicating a potential turnaround [7].

Core Viewpoint - Penguin Solutions, Inc. (PENG) has received a Zacks Rank 2 (Buy) upgrade, indicating a positive outlook driven by rising earnings estimates, which are crucial for stock price movements [1][3][5]. Earnings Estimates and Stock Performance - The Zacks rating system emphasizes the importance of earnings estimate revisions, which have shown a strong correlation with near-term stock price movements [4][6]. - For the fiscal year ending August 2025, Penguin Solutions is expected to earn $1.59 per share, reflecting a year-over-year increase of 27.2% [8]. - Over the past three months, the Zacks Consensus Estimate for Penguin Solutions has risen by 2.8%, indicating a positive trend in earnings expectations [8]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with only the top 20% receiving a 'Strong Buy' or 'Buy' rating, highlighting their potential for market-beating returns [9][10]. - Stocks rated Zacks Rank 1 (Strong Buy) have historically generated an average annual return of +25% since 1988, showcasing the effectiveness of the rating system [7].

Group 1 - Michael Wiggins De Oliveira is an inflection investor, focusing on buying undervalued companies at pivotal moments when their profitability is expected to increase significantly over the next year [1] - The investment strategy emphasizes technology and the Great Energy Transition, including uranium, with a concentrated portfolio of approximately 15 to 20 stocks and an average holding period of 18 months [1] - Michael has over 10 years of experience in analyzing companies, particularly in the tech and energy sectors, and has built a following of over 40,000 on Seeking Alpha [2] Group 2 - The Investing Group Deep Value Returns, led by Michael, offers insights through its concentrated portfolio of value stocks, timely updates on stock picks, and a weekly webinar for live advice [3] - The group provides "hand-holding" support for both new and experienced investors, fostering an active and vibrant community accessible via chat [3] - Seeking FCF is associated with Michael Wiggins De Oliveira, indicating a collaborative approach in investment strategies [3]

Company Overview - Penguin Solutions, Inc. (NASDAQ: PENG), formerly known as SMART Global Holdings, is a US-based company that specializes in high-performance computing infrastructure, memory products, and LED technologies [1]. Mission and Research Focus - The mission of Grassroots Trading emphasizes providing objective, unbiased, and balanced research, supported by solid data and free from emotional influences [1]. - The focus is primarily on small- to mid-cap companies, aiming to present compelling investment opportunities that are often overlooked [1]. - Additionally, the company periodically identifies potential opportunities in large- and mega-cap companies, broadening its coverage of the dynamic equity markets [1].

Core Insights - Penguin Solutions, Inc. reported quarterly earnings of $0.52 per share, exceeding the Zacks Consensus Estimate of $0.35 per share, and showing an increase from $0.27 per share a year ago, resulting in an earnings surprise of 48.57% [1] - The company achieved revenues of $365.52 million for the quarter ended February 2025, surpassing the Zacks Consensus Estimate by 5.31%, compared to $284.82 million in the same quarter last year [2] Earnings Performance - Over the last four quarters, Penguin Solutions has surpassed consensus EPS estimates three times [2] - The company had a previous quarter earnings expectation of $0.40 per share but reported $0.49, delivering a surprise of 22.50% [1] Stock Performance - Shares of Penguin Solutions have declined approximately 10% since the beginning of the year, while the S&P 500 has decreased by 4.2% [3] - The current Zacks Rank for the stock is 3 (Hold), indicating expected performance in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.36 on revenues of $335 million, and for the current fiscal year, it is $1.58 on revenues of $1.37 billion [7] - The outlook for the Internet - Software industry is favorable, ranking in the top 31% of over 250 Zacks industries, suggesting potential for outperformance [8]