Teemu Penninkangas (born 24 July 1992) is a Finnish footballer.
Penninkangas won the Veikkausliiga title with SJK in 2015. It was also the first title in club history. Penninkangas made his SJK debut in 2010, back when the club was playing in Kakkonen, the third tier of Finnish football.
Penninkangas' primary position is left back, but he can also play as a centre back or left winger.
On 10 January 2020, he signed for League of Ireland Premier Division side Sligo Rovers. Penninkangas was released by Sligo Rovers at the end of the 2020 season. He is currently without a club.