Pure Storage, Inc. (PSTG)

US — Technology Sector
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Key Metrics & Ratings

  • symbol PSTG
  • Rev/Share 9.7023
  • Book/Share 3.8098
  • PB 13.8773
  • Debt/Equity 0.2181
  • CurrentRatio 1.606
  • ROIC 0.0283

 

  • MktCap 17279607840.0
  • FreeCF/Share 1.7327
  • PFCF 30.5413
  • PE 135.1367
  • Debt/Assets 0.0712
  • DivYield 0
  • ROE 0.0944

 

  • Rating B-
  • Score 3
  • Recommendation Neutral
  • P/E Score 1
  • DCF Score 4
  • P/B Score 1
  • D/E Score 2

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

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.

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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.

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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.

Read More
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
Pure Storage: Losing Patience As Margins Wane (Rating Downgrade)
PSTG
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.

Read More
image for news Pure Storage: Losing Patience As Margins Wane (Rating Downgrade)
Pure Storage's Q1 Earnings & Revenues Beat, Bottom Line Declines Y/Y
PSTG
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.

Read More
image for news Pure Storage's Q1 Earnings & Revenues Beat, Bottom Line Declines Y/Y
Pure Storage & SK hynix Partner to Deliver Next-Gen QLC Flash Storage
PSTG
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.

Read More
image for news Pure Storage & SK hynix Partner to Deliver Next-Gen QLC Flash Storage
Pure Storage Margin To Expand From NAND Pricing Weakness: Analyst
PSTG
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.

Read More
image for news Pure Storage Margin To Expand From NAND Pricing Weakness: Analyst
Brokers Suggest Investing in Pure Storage (PSTG): Read This Before Placing a Bet
PSTG
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.

Read More
image for news Brokers Suggest Investing in Pure Storage (PSTG): Read This Before Placing a Bet
PURE STORAGE AND SK HYNIX COLLABORATE TO DELIVER PERFORMANCE AND ENERGY EFFICIENCY IN HYPERSCALE DATA CENTERS
PSTG
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.

Read More
image for news PURE STORAGE AND SK HYNIX COLLABORATE TO DELIVER PERFORMANCE AND ENERGY EFFICIENCY IN HYPERSCALE DATA CENTERS
Pure Storage Gears Up to Report Q1 Earnings: Here's What to Expect
PSTG
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.

Read More
image for news Pure Storage Gears Up to Report Q1 Earnings: Here's What to Expect
Pure Storage (PSTG) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates
PSTG
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.

Read More
image for news Pure Storage (PSTG) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates
Is Trending Stock Pure Storage, Inc. (PSTG) a Buy Now?
PSTG
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.

Read More
image for news Is Trending Stock Pure Storage, Inc. (PSTG) a Buy Now?
PORTWORX COLLABORATES WITH RED HAT TO UNLOCK COST SAVINGS AND OPERATIONAL SIMPLICITY WITH RED HAT OPENSHIFT VIRTUALIZATION ENGINE
PSTG
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.

Read More
image for news PORTWORX COLLABORATES WITH RED HAT TO UNLOCK COST SAVINGS AND OPERATIONAL SIMPLICITY WITH RED HAT OPENSHIFT VIRTUALIZATION ENGINE
Pure Storage (PSTG) Stock Slides as Market Rises: Facts to Know Before You Trade
PSTG
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.

Read More
image for news Pure Storage (PSTG) Stock Slides as Market Rises: Facts to Know Before You Trade
Is It Worth Investing in Pure Storage (PSTG) Based on Wall Street's Bullish Views?
PSTG
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
image for news Is It Worth Investing in Pure Storage (PSTG) Based on Wall Street's Bullish Views?
Is Most-Watched Stock Pure Storage, Inc. (PSTG) Worth Betting on Now?
PSTG
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
image for news Is Most-Watched Stock Pure Storage, Inc. (PSTG) Worth Betting on Now?
Pure Storage (PSTG) Flat As Market Sinks: What You Should Know
PSTG
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.

Read More
image for news Pure Storage (PSTG) Flat As Market Sinks: What You Should Know
Pure Storage, Inc. (PSTG) is Attracting Investor Attention: Here is What You Should Know
PSTG
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.

Read More
image for news Pure Storage, Inc. (PSTG) is Attracting Investor Attention: Here is What You Should Know
Pure Storage Collaborates With Varonis to Elevate Cyber Resilience
PSTG
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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image for news Pure Storage Collaborates With Varonis to Elevate Cyber Resilience
Varonis Announces Partnership With Pure Storage
PSTG, VRNS
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.

Read More
image for news Varonis Announces Partnership With Pure Storage
Pure Storage, Inc. (PSTG) is Attracting Investor Attention: Here is What You Should Know
PSTG
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
image for news Pure Storage, Inc. (PSTG) is Attracting Investor Attention: Here is What You Should Know
Pure Storage, Inc. (PSTG) Is a Trending Stock: Facts to Know Before Betting on It
PSTG
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
image for news Pure Storage, Inc. (PSTG) Is a Trending Stock: Facts to Know Before Betting on It
Why Is Pure Storage (PSTG) Down 9% Since Last Earnings Report?
PSTG
Published: March 28, 2025 by: Zacks Investment Research
Sentiment: Negative

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

Read More
image for news Why Is Pure Storage (PSTG) Down 9% Since Last Earnings Report?
Pure Storage Introduces FlashBlade//EXA™, the World's Most Powerful Data Storage Platform for AI and High-Performance Computing
PSTG
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).

Read More
image for news Pure Storage Introduces FlashBlade//EXA™, the World's Most Powerful Data Storage Platform for AI and High-Performance Computing
Here is What to Know Beyond Why Pure Storage, Inc. (PSTG) is a Trending Stock
PSTG
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.

Read More
image for news Here is What to Know Beyond Why Pure Storage, Inc. (PSTG) is a Trending Stock
Pure Storage Prepares for AI-Driven Data Growth
PSTG
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.

Read More
image for news Pure Storage Prepares for AI-Driven Data Growth
Why Pure Storage Stock Is Plummeting Today
PSTG
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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image for news Why Pure Storage Stock Is Plummeting Today

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

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.