SMART Global Holdings Inc. (SGH) price target and intrinsic value estimate is $36.5.

SMART Global Holdings Inc. a memory-focused company engages in the designing and development of enterprise solutions in the United States China Europe and internationally. It operates through Memory Solutions Intelligent Platform Solutions and LED Solutions segments. The company offers dynamic random access memory modules solid-state and flash storage and other advanced memory solutions for networking and telecom data analytics artificial intelligence and machine learning applications; and supply chain services including procurement logistics inventory management temporary warehousing programming kitting and packaging services. It also provides Penguin Computing that focus on technical computing for core and cloud environments through HPC and AI solutions; and Penguin Edge an edge computing solution for embedded and wireless applications including high-performance products for government health care industrial and telecommunications applications. In addition the company offers Stratus which provides simplified protected and autonomous fault tolerant computing solutions in the data center and at the Edge through hardware and software services; and leading-edge solutions to education energy financial services government hyperscale and manufacturing markets. Further it provides LED-based products comprising blue and green LED chips based on gallium nitride and related materials under Cree LED brand; and surface mount devices under the Cree LED XLamp and J Series brand. The company sells its products directly to original equipment manufacturers enterprise government and other end customers through direct sales force e-commerce customer service representatives on-site field application engineers independent sales representatives distributors integrators and resellers. SMART Global Holdings Inc. was founded in 1988 and is headquartered in Milpitas California.