Pure Storage, Inc. (PSTG)

US — Technology Sector
Peers: NTAP  ANET  DELL  DDD  SSYS  NTNX  PRLB 

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Key Metrics & Ratings

  • symbol PSTG
  • Rev/Share 10.2273
  • Book/Share 4.0258
  • PB 20.1551
  • Debt/Equity 0.1689
  • CurrentRatio 1.5771
  • ROIC 0.0228

 

  • MktCap 26519148480.0
  • FreeCF/Share 1.6769
  • PFCF 48.2739
  • PE 190.9594
  • Debt/Assets 0.0553
  • DivYield 0
  • ROE 0.1055

 

  • Rating B-
  • Score 3
  • Recommendation Neutral
  • P/E Score 1
  • DCF Score 3
  • P/B Score 1
  • D/E Score 3

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Reiterated PSTG Needham -- Buy $75 $85 Aug. 28, 2025
Resumed PSTG Morgan Stanley -- Equal Weight -- $60 Aug. 21, 2025
Reiterated PSTG JP Morgan -- Overweight $60 $75 Dec. 4, 2024
Reiterated PSTG Evercore ISI -- Outperform $70 $75 Dec. 4, 2024
Reiterated PSTG Stifel -- Hold $60 $65 Dec. 4, 2024
Reiterated PSTG TD Cowen -- Buy $70 $80 Dec. 4, 2024
Upgrade PSTG Piper Sandler Neutral Overweight $56 $76 Dec. 4, 2024
Reiterated PSTG Barclays -- Equal Weight $56 $61 Dec. 4, 2024
Reiterated PSTG Wells Fargo -- Overweight $75 $80 Dec. 4, 2024
Reiterated PSTG Citigroup -- Buy $63 $75 Dec. 4, 2024

News

Pure Storage Named a Leader in the 2025 Gartner® Magic Quadrant™ for Enterprise Storage Platforms
PSTG
Published: September 05, 2025 by: PRNewsWire
Sentiment: Neutral

Represents twelfth consecutive year Pure Storage has been recognized as a Leader in a Gartner Magic Quadrant report SANTA CLARA, Calif. , Sept. 5, 2025 /PRNewswire/ -- Pure Storage (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced it has been recognized as a Leader in the 2025 Gartner® Magic Quadrant™ for Enterprise Storage Platforms , positioned highest in execution and furthest in vision.

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image for news Pure Storage Named a Leader in the 2025 Gartner® Magic Quadrant™ for Enterprise Storage Platforms
PSTG Stock Jumps 37% in a Month: Should Investors Hold or Exit?
PSTG
Published: September 05, 2025 by: Zacks Investment Research
Sentiment: Positive

Pure Storage stock surges 37% in a month, fueled by strong earnings and raised fiscal 2026 guidance.

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image for news PSTG Stock Jumps 37% in a Month: Should Investors Hold or Exit?
Why Pure Storage Continues To Shine: A Buyer's Perspective
PSTG
Published: September 03, 2025 by: Seeking Alpha
Sentiment: Positive

Pure Storage's strong Q2 results, hyperscaler wins, and subscription growth drove a 32% post-earnings stock surge and outperformance versus the S&P 500. Collaboration with Meta and early-stage talks with other hyperscalers signal further upside potential; new hyperscaler design wins could be major catalysts for future growth. Subscription revenue now comprises 48% of total revenue, with ARR and RPO growth outpacing subscriptions, indicating potentially accelerating future revenue and higher valuation potential.

Read More
image for news Why Pure Storage Continues To Shine: A Buyer's Perspective
Investors Heavily Search Pure Storage, Inc. (PSTG): Here is What You Need to Know
PSTG
Published: September 01, 2025 by: Zacks Investment Research
Sentiment: Positive

Pure Storage (PSTG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Read More
image for news Investors Heavily Search Pure Storage, Inc. (PSTG): Here is What You Need to Know
Pure Storage stock soars more than 30% to record as Meta deal bolsters results, outlook
META, PSTG
Published: August 28, 2025 by: CNBC
Sentiment: Positive

Pure Storage shares headed for a record close after the company reported better-than-expected results and lifted its guidance. The data storage management company said that it started recognizing revenue in the quarter from a recent deal with Meta.

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image for news Pure Storage stock soars more than 30% to record as Meta deal bolsters results, outlook
This Is the 1 Hidden AI Data Center Stock to Buy Now
PSTG
Published: August 28, 2025 by: 24/7 Wall Street
Sentiment: Neutral

Key Points in This Article: The data center market is projected to grow at an 11.2% CAGR, reaching $652 billion by 2030, driven by AI and cloud migration.

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image for news This Is the 1 Hidden AI Data Center Stock to Buy Now
Pure Storage Q2 Earnings & Sales Top, Stock Rallies on Upbeat Forecast
PSTG
Published: August 28, 2025 by: Zacks Investment Research
Sentiment: Positive

PSTG posts strong Q2 results, raises fiscal 2026 guidance and sees shares surge over 15% in pre-market trading.

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image for news Pure Storage Q2 Earnings & Sales Top, Stock Rallies on Upbeat Forecast
Pure Storage Stock Rallies 24%. A Meta Deal Has Something to Do With It, Say Analysts.
META, PSTG
Published: August 28, 2025 by: Barrons
Sentiment: Positive

The maker of flash memory products posts an earnings beat in its latest quarter and raises its guidance.

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image for news Pure Storage Stock Rallies 24%. A Meta Deal Has Something to Do With It, Say Analysts.
Pure Storage's Q2 Earnings Coming Up: Is a Beat in the Offing?
PSTG
Published: August 25, 2025 by: Zacks Investment Research
Sentiment: Positive

PSTG eyes fiscal Q2 2026 revenue of $845 million with subscription momentum and AI-driven storage demand fueling growth.

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image for news Pure Storage's Q2 Earnings Coming Up: Is a Beat in the Offing?
Will Pure Storage (PSTG) Beat Estimates Again in Its Next Earnings Report?
PSTG
Published: August 22, 2025 by: Zacks Investment Research
Sentiment: Positive

Pure Storage (PSTG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

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image for news Will Pure Storage (PSTG) Beat Estimates Again in Its Next Earnings Report?
Pure Storage (PSTG) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
PSTG
Published: August 22, 2025 by: Zacks Investment Research
Sentiment: Neutral

Evaluate the expected performance of Pure Storage (PSTG) for the quarter ended July 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

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image for news Pure Storage (PSTG) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
These 2 Computer and Technology Stocks Could Beat Earnings: Why They Should Be on Your Radar
AAPL, PSTG
Published: August 22, 2025 by: Zacks Investment Research
Sentiment: Positive

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

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image for news These 2 Computer and Technology Stocks Could Beat Earnings: Why They Should Be on Your Radar
WDC or PSTG: Which Is the Better Value Stock Right Now?
PSTG, WDC
Published: August 20, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors interested in stocks from the Computer- Storage Devices sector have probably already heard of Western Digital (WDC) and Pure Storage (PSTG). But which of these two stocks is more attractive to value investors?

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image for news WDC or PSTG: Which Is the Better Value Stock Right Now?
Is Pure Storage (PSTG) a Buy as Wall Street Analysts Look Optimistic?
PSTG
Published: August 19, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

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image for news Is Pure Storage (PSTG) a Buy as Wall Street Analysts Look Optimistic?
Here is What to Know Beyond Why Pure Storage, Inc. (PSTG) is a Trending Stock
PSTG
Published: August 13, 2025 by: Zacks Investment Research
Sentiment: Positive

Pure Storage (PSTG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Read More
image for news Here is What to Know Beyond Why Pure Storage, Inc. (PSTG) is a Trending Stock
Pure Storage, Inc. (PSTG) is Attracting Investor Attention: Here is What You Should Know
PSTG
Published: July 29, 2025 by: Zacks Investment Research
Sentiment: Positive

Pure Storage (PSTG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Read More
image for news Pure Storage, Inc. (PSTG) is Attracting Investor Attention: Here is What You Should Know
Pure Storage, Inc. (PSTG) is Attracting Investor Attention: Here is What You Should Know
PSTG
Published: July 16, 2025 by: Zacks Investment Research
Sentiment: Positive

Pure Storage (PSTG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Read More
image for news Pure Storage, Inc. (PSTG) is Attracting Investor Attention: Here is What You Should Know
Pure Storage (PSTG) is a Top-Ranked Momentum Stock: Should You Buy?
PSTG
Published: July 08, 2025 by: Zacks Investment Research
Sentiment: Positive

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

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image for news Pure Storage (PSTG) is a Top-Ranked Momentum Stock: Should You Buy?
Pure Storage (PSTG) Rises Higher Than Market: Key Facts
PSTG
Published: July 03, 2025 by: Zacks Investment Research
Sentiment: Neutral

Pure Storage (PSTG) concluded the recent trading session at $56.93, signifying a +1.66% move from its prior day's close.

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image for news Pure Storage (PSTG) Rises Higher Than Market: Key Facts
Pure Storage, Inc. (PSTG) Is a Trending Stock: Facts to Know Before Betting on It
PSTG
Published: July 02, 2025 by: Zacks Investment Research
Sentiment: Positive

Recently, Zacks.com users have been paying close attention to Pure Storage (PSTG). This makes it worthwhile to examine what the stock has in store.

Read More
image for news Pure Storage, Inc. (PSTG) Is a Trending Stock: Facts to Know Before Betting on It
Pure Storage (PSTG) Up 3.7% Since Last Earnings Report: Can It Continue?
PSTG
Published: June 27, 2025 by: Zacks Investment Research
Sentiment: Positive

Pure Storage (PSTG) reported earnings 30 days ago. What's next for the stock?

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image for news Pure Storage (PSTG) Up 3.7% Since Last Earnings Report: Can It Continue?
PSTG, TierPoint Unveil Imaging Storage-as-a-Service for Healthcare
PSTG
Published: June 24, 2025 by: Zacks Investment Research
Sentiment: Positive

Pure Storage and TierPoint launch a healthcare-focused imaging storage-as-a-service to cut costs, boost speed and ensure data security.

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image for news PSTG, TierPoint Unveil Imaging Storage-as-a-Service for Healthcare
TierPoint and Pure Storage Launch Imaging Storage-as-a-Service
PSTG
Published: June 23, 2025 by: GlobeNewsWire
Sentiment: Neutral

Helps Improve Healthcare Cost Predictability and Accelerate Diagnoses Helps Improve Healthcare Cost Predictability and Accelerate Diagnoses

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image for news TierPoint and Pure Storage Launch Imaging Storage-as-a-Service
Why Pure Storage Analyst Is Bullish On Company's 'Strategic Innovation'
PSTG
Published: June 20, 2025 by: Benzinga
Sentiment: Positive

Pure Storage Inc PSTG hosted its annual Accelerate event in Las Vegas, where management announced the Enterprise Data Cloud and Pure Fusion with workload automation, according to Needham.

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image for news Why Pure Storage Analyst Is Bullish On Company's 'Strategic Innovation'
Investors Heavily Search Pure Storage, Inc. (PSTG): Here is What You Need to Know
PSTG
Published: June 19, 2025 by: Zacks Investment Research
Sentiment: Positive

Recently, Zacks.com users have been paying close attention to Pure Storage (PSTG). This makes it worthwhile to examine what the stock has in store.

Read More
image for news Investors Heavily Search Pure Storage, Inc. (PSTG): Here is What You Need to Know
Here's Why Pure Storage (PSTG) is a Strong Growth Stock
PSTG
Published: June 18, 2025 by: Zacks Investment Research
Sentiment: Positive

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Read More
image for news Here's Why Pure Storage (PSTG) is a Strong Growth Stock
Here's Why Pure Storage (PSTG) is a Strong Momentum Stock
PSTG
Published: June 04, 2025 by: Zacks Investment Research
Sentiment: Positive

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Read More
image for news Here's Why Pure Storage (PSTG) is a Strong Momentum Stock
Here is What to Know Beyond Why Pure Storage, Inc. (PSTG) is a Trending Stock
PSTG
Published: June 04, 2025 by: Zacks Investment Research
Sentiment: Positive

Pure Storage (PSTG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Read More
image for news Here is What to Know Beyond Why Pure Storage, Inc. (PSTG) is a Trending Stock
Pure Storage: Reiterate Buy Rating As Demand Remains Strong
PSTG
Published: June 03, 2025 by: Seeking Alpha
Sentiment: Positive

I reiterate my buy rating on Pure Storage due to strong demand, robust execution, and attractive valuation. 1Q26 results validate my bullish stance, with accelerating revenue growth, standout subscription momentum, and healthy margins without relying on price cuts. Key catalysts include hyperscaler traction (Meta win), AI-driven demand, new platform launches, and disciplined pricing strategy to win market share.

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image for news Pure Storage: Reiterate Buy Rating As Demand Remains Strong
Why Pure Storage (PSTG) is a Top Growth Stock for the Long-Term
PSTG
Published: June 02, 2025 by: Zacks Investment Research
Sentiment: Positive

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Read More
image for news Why Pure Storage (PSTG) is a Top Growth Stock for the Long-Term

About Pure Storage, Inc. (PSTG)

  • IPO Date 2015-10-06
  • Website https://www.purestorage.com
  • Industry Computer Hardware
  • CEO Charles H. Giancarlo
  • Employees 6000

Pure Storage, Inc. provides data storage technologies, products, and services in the United States and internationally. The company's Purity software is shared across its products and provides enterprise-class data services, such as data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. Its products portfolio includes FlashArray for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; FlashArray//XL; and FlashArray//C, an all-QLC flash array. The company also provides FlashBlade, a solution for unstructured data workloads of various types; FlashStack that combines compute, network, and storage to provide an infrastructure platform; FlashRecover, an all-flash modern data-protection solution; and AIRI, a full-stack AI-ready infrastructure. In addition, it offers evergreen storage subscription, Pure as-a-Service, and Cloud Block Store, as well as Portworx a cloud-native Kubernetes data management solution It also offers technical and professional, training and education, and certification services. The company sells its products and subscription services through direct sales force and channel partners. The company was formerly known as OS76, Inc. and changed its name to Pure Storage, Inc. in January 2010. Pure Storage, Inc. was incorporated in 2009 and is headquartered in Mountain View, California.