Pure Storage, Inc. (PSTG)

US — Technology Sector
Peers: SMCI  ALAB  FIS  CRDO  HPE  KEYS  HPQ  NTAP  ERIC  SNDK 

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Key Metrics & Ratings

  • symbol PSTG
  • Rev/Share 10.2273
  • Book/Share 4.0258
  • PB 22.9695
  • Debt/Equity 0.1689
  • CurrentRatio 1.5771
  • ROIC 0.0224

 

  • MktCap 30246176157.0
  • FreeCF/Share 1.6769
  • PFCF 55.0584
  • PE 217.6241
  • Debt/Assets 0.0553
  • DivYield 0
  • ROE 0.1055

 

  • Rating B-
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 3
  • 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
Reiterated PSTG Needham -- Buy $75 $85 Aug. 28, 2025
Resumed PSTG Morgan Stanley -- Equal Weight -- $60 Aug. 21, 2025
Reiterated PSTG Evercore ISI -- Outperform $70 $75 Dec. 4, 2024
Reiterated PSTG JP Morgan -- Overweight $60 $75 Dec. 4, 2024
Reiterated PSTG Wells Fargo -- Overweight $75 $80 Dec. 4, 2024
Reiterated PSTG Citigroup -- Buy $63 $75 Dec. 4, 2024
Upgrade PSTG Piper Sandler Neutral Overweight $56 $76 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

News

Here's Why Pure Storage (PSTG) Is a Great 'Buy the Bottom' Stock Now
PSTG
Published: November 11, 2025 by: Zacks Investment Research
Sentiment: Positive

After losing some value lately, a hammer chart pattern has been formed for Pure Storage (PSTG), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

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image for news Here's Why Pure Storage (PSTG) Is a Great 'Buy the Bottom' Stock Now
Pure Storage Flies on Five Outlier Signals Since September
PSTG
Published: November 05, 2025 by: FXEmpire
Sentiment: Positive

Pure Storage, Inc. (PSTG) shares up 23% since September after five outlier inflow signals.

Read More
image for news Pure Storage Flies on Five Outlier Signals Since September
Pure Storage, Inc. (PSTG) Is a Trending Stock: Facts to Know Before Betting on It
PSTG
Published: November 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 Pure Storage, Inc. (PSTG) Is a Trending Stock: Facts to Know Before Betting on It
Pure Storage and Cisco Deliver AI Factories for the Enterprise with NVIDIA
CSCO, PSTG
Published: October 28, 2025 by: PRNewsWire
Sentiment: Neutral

Unifying compute, storage and networking to take generative AI from pilot to production SANTA CLARA, Calif. , Oct. 28, 2025 /PRNewswire/ -- Pure Storage® (NYSE: PSTG) and Cisco (NASDAQ: CSCO) today announced a new FlashStack® Cisco Validated Design (CVD), adding to the collection of AI PODs, a key module within the Cisco Secure AI Factory with NVIDIA.

Read More
image for news Pure Storage and Cisco Deliver AI Factories for the Enterprise with NVIDIA
Is It Worth Investing in Pure Storage (PSTG) Based on Wall Street's Bullish Views?
PSTG
Published: October 28, 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?
Pure Storage Named a Leader in the 2025 Gartner® Magic Quadrant™ for Infrastructure Platform Consumption Services
PSTG
Published: October 24, 2025 by: PRNewsWire
Sentiment: Neutral

Pure Storage recognized in first-ever Gartner Magic Quadrant for consumption services SANTA CLARA, Calif. , Oct. 24, 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 named a Leader in the 2025 Gartner® Magic Quadrant™ for Infrastructure Platform Consumption Services.

Read More
image for news Pure Storage Named a Leader in the 2025 Gartner® Magic Quadrant™ for Infrastructure Platform Consumption Services
Pure Storage (PSTG) Just Overtook the 20-Day Moving Average
PSTG
Published: October 24, 2025 by: Zacks Investment Research
Sentiment: Positive

Pure Storage (PSTG) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, PSTG broke through the 20-day moving average, which suggests a short-term bullish trend.

Read More
image for news Pure Storage (PSTG) Just Overtook the 20-Day Moving Average
3 Stocks Powering Data Center Growth
APLD, JCI, PSTG
Published: October 23, 2025 by: Seeking Alpha
Sentiment: Positive

Data centers are central to AI's physical infrastructure, with 25.6% annual growth projected through 2034, and investment expected to exceed traditional office buildings in 2025. Hyperscalers, chip stocks, and utilities have been AI investment favorites, but key upstream subsectors remain overlooked. SA Quant has a strong track record of identifying AI-related stocks, with recent AI infrastructure selections averaging 19% returns since Aug. 28.

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image for news 3 Stocks Powering Data Center Growth
Investors Heavily Search Pure Storage, Inc. (PSTG): Here is What You Need to Know
PSTG
Published: October 22, 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
Pure Storage Up 69% in 3 Months: Where Will the Stock Head From Here?
PSTG
Published: October 15, 2025 by: Zacks Investment Research
Sentiment: Positive

Pure Storage, Inc. PSTG stock has been an impressive performer in the tech space, with a gain of 68.6% in the past three months, outperforming the Zacks Computer-Storage Devices industry, the Zacks Computer and Technology sector and the S&P 500 composite's growth of 35.4%, 13.2% and 7.6%, respectively.

Read More
image for news Pure Storage Up 69% in 3 Months: Where Will the Stock Head From Here?
Pure Storage Hits New High: AI's Under-the-Radar Powerhouse
PSTG
Published: October 14, 2025 by: MarketBeat
Sentiment: Positive

In the ongoing artificial intelligence (AI) boom, most market attention has focused on the high-flying semiconductor sector companies designing the processors. Yet, a different kind of hardware company that forms a bedrock of the AI data ecosystem has been quietly delivering standout performance.

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image for news Pure Storage Hits New High: AI's Under-the-Radar Powerhouse
Here is What to Know Beyond Why Pure Storage, Inc. (PSTG) is a Trending Stock
PSTG
Published: October 08, 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 Puts Cyber Resilience at the Core of Data Storage
PSTG
Published: October 01, 2025 by: Zacks Investment Research
Sentiment: Positive

PSTG unveils platform upgrades and new partnerships to strengthen cyber resilience with embedded threat detection and recovery.

Read More
image for news Pure Storage Puts Cyber Resilience at the Core of Data Storage
Pure Storage (PSTG) Recently Broke Out Above the 20-Day Moving Average
PSTG
Published: October 01, 2025 by: Zacks Investment Research
Sentiment: Positive

Pure Storage (PSTG) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, PSTG crossed above the 20-day moving average, suggesting a short-term bullish trend.

Read More
image for news Pure Storage (PSTG) Recently Broke Out Above the 20-Day Moving Average
Why Is Pure Storage (PSTG) Up 3.6% Since Last Earnings Report?
PSTG
Published: September 26, 2025 by: Zacks Investment Research
Sentiment: Positive

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

Read More
image for news Why Is Pure Storage (PSTG) Up 3.6% Since Last Earnings Report?
Pure Storage, Inc. (PSTG) is Attracting Investor Attention: Here is What You Should Know
PSTG
Published: September 26, 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
Spot Superstar Stocks Like Pure Storage with Money Flows
PSTG
Published: September 19, 2025 by: FXEmpire
Sentiment: Positive

Pure Storage, Inc. (PSTG) shares up 228% since 2018's first of 16 Big Money outlier inflow signals.

Read More
image for news Spot Superstar Stocks Like Pure Storage with Money Flows
3 Storage Devices Stocks to Focus on Amid Industry Headwinds
NLST, NTAP, PSTG
Published: September 19, 2025 by: Zacks Investment Research
Sentiment: Negative

Against a volatile macro backdrop, momentum in cloud computing, IoT, auto and AI is expected to drive the prospects of Zacks Computer - Storage Devices industry players like PSTG, NTAP and NLST.

Read More
image for news 3 Storage Devices Stocks to Focus on Amid Industry Headwinds
Pure Storage, Inc. (PSTG) Is a Trending Stock: Facts to Know Before Betting on It
PSTG
Published: September 15, 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 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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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

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.