Pure Storage Inc (PSTG)

NYSE
Currency in USD
52.87
+0.50(+0.95%)
Closed·
After Hours
52.85-0.02(-0.04%)
·
PSTG Scorecard
Full Analysis
Management has been aggressively buying back shares
PSTG is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
52.3753.63
52 wk Range
34.5173.67
Key Statistics
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Prev. Close
52.37
Open
52.46
Day's Range
52.37-53.63
52 wk Range
34.51-73.67
Volume
2.14M
Average Volume (3m)
2.9M
1-Year Change
-22.77%
Book Value / Share
3.82
Fair Value
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Fair Value Upside
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PSTG Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
69.68
Upside
+31.79%
Members' Sentiments
Bearish
Bullish
ProTips
Holds more cash than debt on its balance sheet

Pure Storage Inc News & Analysis

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Pure Storage Inc Company Profile

Pure Storage, Inc. engages in the provision of data storage and management technologies, products, and services in the United States and internationally. Its Purity software is shared across its products and provides enterprise-class data services, such as always-on data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. The company also provides FlashArray integrated hardware systems, including FlashArray//X, FlashArray//C, FlashArray//XL, FlashArray//E, and FlashArray File Services for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; and FlashBlade integrated hardware systems comprising FlashBlade//S, FlashBlade//E, and FlashBlade//EXA for managing and processing unstructured data workloads of various types from real-time log analytics and commercial high-performance computing (HPC) to data protection and recovery. In addition, it offers cloud-native storage solutions, such as Portworx by Pure Storage, a cloud-native Kubernetes data management solution; and Portworx Data Services, a Database-as-a-Service platform for Kubernetes. Further, the company provides Pure Fusion, a Software-as-a-Service (SaaS) management plane, which enables storage administrators to unify storage arrays and optimize storage pools; Evergreen Architecture comprising Pure1, an AI-driven cloud-based management platform, as well as Evergreen//One and Evergreen//Flex data storage solutions; and Cloud Block Store, a virtual block storage array, that provides customers the flexibility to operate a hybrid cloud model with seamless data mobility across on-premises and public cloud environments. It 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 Santa Clara, California.

Pure Storage Inc SWOT Analysis


Flash Storage Leade
Pure Storage pioneers all-flash solutions, gaining market share in AI-driven datacenters with innovative offerings and lower TCO compared to traditional systems
Financial Crossroads
Explore Pure Storage's financial performance, balancing 11.92% revenue growth with challenges in product gross margins and subscription deal closures
AI Market Potential
Delve into Pure Storage's positioning for AI-driven datacenter growth, including a significant Tier 1 Hyperscale win and potential for premium pricing
Analyst Perspectives
Analysts set price targets ranging from $56 to $61, reflecting Pure Storage's market position and growth expectations in the competitive storage landscape
Read full SWOT analysis

Pure Storage Inc Earnings Call Summary for Q1/2026

  • Pure Storage Q1 2026 EPS at -$0.04, missing $0.25 forecast; revenue beats at $779M vs $770.1M expected; stock falls 3.81% after hours
  • Subscription services revenue up 17%, ARR grows 18% to $1.7B; company maintains strong cash position of $1.6B despite EPS miss
  • FY2026 revenue and operating margin guidance reaffirmed; Q2 revenue projected at $845M, up 10.6% YoY
  • CEO emphasizes platform strategy and modern virtualization solutions; company cautiously optimistic about second-half performance
  • Analysts inquire about hyperscale opportunity with Meta, Evergreen One adoption, and strategy for potential tariff challenges
Last Updated: 28/05/2025, 22:52
Read Full Transcript

Compare PSTG to Peers and Sector

Metrics to compare
PSTG
Peers
Sector
Relationship
P/E Ratio
135.3x−6.9x11.4x
PEG Ratio
4.230.010.01
Price/Book
13.9x0.6x2.4x
Price / LTM Sales
5.3x1.8x2.1x
Upside (Analyst Target)
31.7%20.1%23.8%
Fair Value Upside
Unlock1.0%7.6%Unlock

Analyst Ratings

14 Buy
6 Hold
1 Sell
Ratings:
21 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 69.68
(+31.79% Upside)

Earnings

Latest Release
May 28, 2025
EPS / Forecast
-0.04 / 0.25
Revenue / Forecast
778.50M / 770.10M
EPS Revisions
Last 90 days

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FAQ

What Is the Pure Storage Inc (PSTG) Stock Price Today?

The Pure Storage Inc stock price today is 52.87

What Stock Exchange Does Pure Storage Inc Trade On?

Pure Storage Inc is listed and trades on the New York Stock Exchange stock exchange.

What Is the Stock Symbol for Pure Storage Inc?

The stock symbol for Pure Storage Inc is "PSTG."

What Is the Pure Storage Inc Market Cap?

As of today, Pure Storage Inc market cap is 17.23B.

What Is Pure Storage Inc's Earnings Per Share (TTM)?

The Pure Storage Inc EPS (TTM) is 0.39.

When Is the Next Pure Storage Inc Earnings Date?

Pure Storage Inc will release its next earnings report on 26 Aug 2025.

From a Technical Analysis Perspective, Is PSTG a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has Pure Storage Inc Stock Split?

Pure Storage Inc has split 0 times.

How Many Employees Does Pure Storage Inc Have?

Pure Storage Inc has 6000 employees.

What is the current trading status of Pure Storage Inc (PSTG)?

As of 18 Jun 2025, Pure Storage Inc (PSTG) is trading at a price of 52.87, with a previous close of 52.37. The stock has fluctuated within a day range of 52.37 to 53.63, while its 52-week range spans from 34.51 to 73.67.

What Is Pure Storage Inc (PSTG) Price Target According to Analysts?

The average 12-month price target for Pure Storage Inc is USD69.6775, with a high estimate of USD93 and a low estimate of USD50. 14 analysts recommend buying the stock, while 1 suggest selling, leading to an overall rating of Buy. The stock has an +31.79% Upside potential.
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