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 21.9957
  • Debt/Equity 0.1689
  • CurrentRatio 1.5771
  • ROIC 0.0224

 

  • MktCap 28963976411.0
  • FreeCF/Share 1.6769
  • PFCF 52.7244
  • PE 208.3985
  • 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
Initiation PSTG Oppenheimer -- Outperform -- -- Nov. 17, 2025
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 Needham -- Buy $62 $75 Dec. 4, 2024
Reiterated PSTG Wells Fargo -- Overweight $75 $80 Dec. 4, 2024
Reiterated PSTG Citigroup -- Buy $63 $75 Dec. 4, 2024
Reiterated PSTG Evercore ISI -- Outperform $70 $75 Dec. 4, 2024
Upgrade PSTG Piper Sandler Neutral Overweight $56 $76 Dec. 4, 2024
Reiterated PSTG Stifel -- Hold $60 $65 Dec. 4, 2024

News

Should You Add PSTG Stock to Your Portfolio Pre-Q4 Earnings?
PSTG
Published: February 20, 2025 by: Zacks Investment Research
Sentiment: Positive

Pure Storage's fiscal Q4 performance is likely to have gained from momentum in Flash solutions. However, the slow pace of IT spending remains a concern.

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image for news Should You Add PSTG Stock to Your Portfolio Pre-Q4 Earnings?
Pure Storage (PSTG) Stock Dips While Market Gains: Key Facts
PSTG
Published: February 19, 2025 by: Zacks Investment Research
Sentiment: Neutral

In the latest trading session, Pure Storage (PSTG) closed at $67.89, marking a -1.48% move from the previous day.

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image for news Pure Storage (PSTG) Stock Dips While Market Gains: Key Facts
Pure Storage Stock Rises 59% in a Year: Is There Still Room to Run?
PSTG
Published: February 13, 2025 by: Zacks Investment Research
Sentiment: Positive

Though PSTG is witnessing strong sales momentum, soft macroeconomic conditions and a cautious IT spending environment remain overhangs.

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image for news Pure Storage Stock Rises 59% in a Year: Is There Still Room to Run?

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.