Pure Storage, Inc. (PSTG)
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- symbol PSTG
- Rev/Share 9.7033
- Book/Share 4.0014
- PB 13.4053
- Debt/Equity 0.2152
- CurrentRatio 1.608
- ROIC 0.0291
- MktCap 17547950520.0
- FreeCF/Share 1.6137
- PFCF 33.306
- PE 164.0794
- Debt/Assets 0.0709
- DivYield 0
- ROE 0.077
- Rating B-
- Score 3
- Recommendation Neutral
- P/E Score 1
- DCF Score 4
- 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 |
|---|---|---|---|---|---|---|---|
| Upgrade | PSTG | Piper Sandler | Neutral | Overweight | $56 | $76 | Dec. 4, 2024 |
| Reiterated | PSTG | Needham | -- | Buy | $62 | $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 |
| 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 |
| Reiterated | PSTG | JP Morgan | -- | Overweight | $60 | $75 | Dec. 4, 2024 |
| Reiterated | PSTG | Guggenheim | -- | Buy | $72 | $93 | Oct. 17, 2024 |
News
Pure Storage: Losing Patience As Margins Wane (Rating Downgrade)
Published: May 29, 2025 by: Seeking Alpha
Sentiment: Negative
Pure Storage's Q1 results showcased ongoing margin pressure from a highly competitive, commoditized data storage industry, limiting pricing power and growth potential. Despite AI hype, Pure Storage's revenue growth remains tepid. Current trends may even be supported by pull-forwards in infrastructure investments, and are not necessarily sustainable. Rising R&D expenses are eroding operating profits, while the company must spend more just to maintain modest growth rates.
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Pure Storage's Q1 Earnings & Revenues Beat, Bottom Line Declines Y/Y
Published: May 29, 2025 by: Zacks Investment Research
Sentiment: Positive
PSTG's fiscal Q1 2026 gains from demand for FlashBlade offerings, AI-driven storage and solid renewals of Evergreen subscriptions amid a volatile macro backdrop.
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Pure Storage & SK hynix Partner to Deliver Next-Gen QLC Flash Storage
Published: May 28, 2025 by: Zacks Investment Research
Sentiment: Positive
PSTG and SK hynix join forces on cutting-edge QLC flash storage solutions engineered for the next generation of data-intensive, hyperscale environments.
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Pure Storage Margin To Expand From NAND Pricing Weakness: Analyst
Published: May 27, 2025 by: Benzinga
Sentiment: Positive
B of A Securities analyst Wamsi Mohan revised full-year estimates for Pure Storage, Inc. PSTG ahead of its earnings release on May 28.
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Brokers Suggest Investing in Pure Storage (PSTG): Read This Before Placing a Bet
Published: May 27, 2025 by: Zacks Investment Research
Sentiment: Negative
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
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PURE STORAGE AND SK HYNIX COLLABORATE TO DELIVER PERFORMANCE AND ENERGY EFFICIENCY IN HYPERSCALE DATA CENTERS
Published: May 27, 2025 by: PRNewsWire
Sentiment: Neutral
SANTA CLARA, Calif. , May 27, 2025 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced a collaboration with SK hynix Inc, a pioneer in the global AI memory industry, to deliver state-of-the-art QLC flash storage products that meet the high-capacity, energy efficient requirements for data-intensive hyperscaler environments.
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Pure Storage Gears Up to Report Q1 Earnings: Here's What to Expect
Published: May 26, 2025 by: Zacks Investment Research
Sentiment: Positive
PSTG is set to report Q1 results May 28 with 11% revenue growth expected, fueled by FlashArray demand, AI offerings and steady subscription gains.
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Pure Storage (PSTG) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates
Published: May 23, 2025 by: Zacks Investment Research
Sentiment: Neutral
Evaluate the expected performance of Pure Storage (PSTG) for the quarter ended April 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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Is Trending Stock Pure Storage, Inc. (PSTG) a Buy Now?
Published: May 21, 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.
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PORTWORX COLLABORATES WITH RED HAT TO UNLOCK COST SAVINGS AND OPERATIONAL SIMPLICITY WITH RED HAT OPENSHIFT VIRTUALIZATION ENGINE
Published: May 19, 2025 by: PRNewsWire
Sentiment: Neutral
BOSTON , May 19, 2025 /PRNewswire/ -- Red Hat Summit 2025 — Pure Storage ® (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced Portworx® for KubeVirt - the first software-defined storage, virtualization-centric offering that provides a more cost-effective, low-risk approach for running VM workloads on Kubernetes using Red Hat OpenShift Virtualization Engine. By combining Portworx by Pure Storage with Red Hat OpenShift Virtualization Engine, enterprises can deploy and manage virtual machines (VMs) to containers more easily to optimize functionality, while lowering total cost of ownership.
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Pure Storage (PSTG) Stock Slides as Market Rises: Facts to Know Before You Trade
Published: May 15, 2025 by: Zacks Investment Research
Sentiment: Negative
In the closing of the recent trading day, Pure Storage (PSTG) stood at $55.48, denoting a -1.7% change from the preceding trading day.
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Is It Worth Investing in Pure Storage (PSTG) Based on Wall Street's Bullish Views?
Published: May 08, 2025 by: Zacks Investment Research
Sentiment: Neutral
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Read More
Is Most-Watched Stock Pure Storage, Inc. (PSTG) Worth Betting on Now?
Published: May 08, 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
Pure Storage (PSTG) Flat As Market Sinks: What You Should Know
Published: May 06, 2025 by: Zacks Investment Research
Sentiment: Negative
Pure Storage (PSTG) closed at $47.58 in the latest trading session, marking no change from the prior day.
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Pure Storage, Inc. (PSTG) is Attracting Investor Attention: Here is What You Should Know
Published: April 25, 2025 by: Zacks Investment Research
Sentiment: Positive
Zacks.com users have recently been watching Pure Storage (PSTG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
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Pure Storage Collaborates With Varonis to Elevate Cyber Resilience
Published: April 22, 2025 by: Zacks Investment Research
Sentiment: Positive
PSTG and Varonis partner to boost data security and resilience, offering AI-powered threat detection, access control and rapid recovery from cyber incidents.
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Varonis Announces Partnership With Pure Storage
Published: April 21, 2025 by: GlobeNewsWire
Sentiment: Neutral
MIAMI and SANTA CLARA, Calif., April 21, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (NASDAQ: VRNS) today announced a new partnership with Pure Storage (NYSE: PSTG), a leading provider of advanced data storage technology and services.
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Pure Storage, Inc. (PSTG) is Attracting Investor Attention: Here is What You Should Know
Published: April 14, 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
Pure Storage, Inc. (PSTG) Is a Trending Stock: Facts to Know Before Betting on It
Published: April 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
Why Is Pure Storage (PSTG) Down 9% Since Last Earnings Report?
Published: March 28, 2025 by: Zacks Investment Research
Sentiment: Negative
Pure Storage (PSTG) reported earnings 30 days ago. What's next for the stock?
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Pure Storage Introduces FlashBlade//EXA™, the World's Most Powerful Data Storage Platform for AI and High-Performance Computing
Published: March 11, 2025 by: PRNewsWire
Sentiment: Neutral
Purpose-built to bring unmatched performance, scalability and power of FlashBlade technology to next-generation, GPU-intensive AI and HPC workloads SANTA CLARA, Calif. , March 11, 2025 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today debuted FlashBlade//EXA™, the industry's highest performing data storage platform engineered for the most demanding requirements of AI and High-Performance Computing (HPC).
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Here is What to Know Beyond Why Pure Storage, Inc. (PSTG) is a Trending Stock
Published: March 05, 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.
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Pure Storage Prepares for AI-Driven Data Growth
Published: February 28, 2025 by: The Motley Fool
Sentiment: Positive
Pure Storage (PSTG -14.80%), a provider of all-flash data storage technologies and services, held its fourth-quarter and full-year fiscal 2025 earnings call on February 26, 2025. The company discussed its progress in transforming enterprise data architecture, growing adoption of its subscription services, and continued development of its hyperscaler and AI opportunities.
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Why Pure Storage Stock Is Plummeting Today
Published: February 27, 2025 by: The Motley Fool
Sentiment: Negative
Pure Storage (PSTG -11.39%) stock is falling in Thursday's trading following the company's recent fourth-quarter report. The company's share price was down 10.9% as of 2:30 p.m.
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Pure Storage Q4 Earnings Top, Revenues Improve Y/Y on Storage Demand
Published: February 27, 2025 by: Zacks Investment Research
Sentiment: Positive
PSTG's fiscal Q4 performance gains from healthy demand across its FlashArray and FlashBlade offerings and record renewals of Evergreen subscriptions.
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Pure Storage, Inc. (PSTG) Q4 2025 Earnings Call Transcript
Published: February 26, 2025 by: Seeking Alpha
Sentiment: Neutral
Pure Storage, Inc. (NYSE:PSTG ) Q4 2025 Earnings Conference Call February 26, 2025 5:00 PM ET Company Participants Paul Ziots - VP of IR Charlie Giancarlo - CEO Kevan Krysler - CFO Robert Lee - CTO Conference Call Participants Mike Cikos - Needham & Company Aaron Rakers - Wells Fargo Amit Daryanani - Evercore ISI Howard Ma - Guggenheim Securities Krish Sankar - TD Cowen Jason Ader - William Blair Simon Leopold - Raymond James Quinton Gabrielli - Piper Sandler Wamsi Mohan - Bank of America Meta Marshall - Morgan Stanley Asiya Merchant - Citigroup Timothy Long - Barclays Bank …
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Compared to Estimates, Pure Storage (PSTG) Q4 Earnings: A Look at Key Metrics
Published: February 26, 2025 by: Zacks Investment Research
Sentiment: Positive
The headline numbers for Pure Storage (PSTG) give insight into how the company performed in the quarter ended January 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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Pure Storage (PSTG) Surpasses Q4 Earnings and Revenue Estimates
Published: February 26, 2025 by: Zacks Investment Research
Sentiment: Positive
Pure Storage (PSTG) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.50 per share a year ago.
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Pure Storage Surpasses Revenue Forecast
Published: February 26, 2025 by: The Motley Fool
Sentiment: Positive
Pure Storage (PSTG 1.86%), a provider of flash storage solutions, released its fourth-quarter results on Feb. 26, 2025. The company's revenue of $879.8 million exceeded both management's guidance and analyst expectations.
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Why Pure Storage Stock Was a Winner on Wednesday
Published: February 26, 2025 by: The Motley Fool
Sentiment: Positive
Pure Storage (PSTG 1.86%) stock edged higher on Hump Day, thanks largely to an encouraging earnings report. After this was published, investors pushed the stock nearly 2% higher on the day, which was notable because the benchmark S&P 500 index essentially traded sideways.
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About Pure Storage, Inc. (PSTG)
- IPO Date 2015-10-06
- Website https://www.purestorage.com
- Industry Computer Hardware
- CEO Mr. Charles H. Giancarlo
- Employees 6000