Pure Storage, Inc. (PSTG)
Market Cap | 20.41B |
Revenue (ttm) | 2.93B |
Net Income (ttm) | 93.70M |
Shares Out | 325.23M |
EPS (ttm) | 0.28 |
PE Ratio | 224.18 |
Forward PE | 41.13 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 4,399,226 |
Open | 61.00 |
Previous Close | 65.51 |
Day's Range | 60.50 - 63.02 |
52-Week Range | 31.00 - 70.41 |
Beta | 1.06 |
Analysts | Buy |
Price Target | 69.47 (+10.67%) |
Earnings Date | May 29, 2024 |
About PSTG
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... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for PSTG stock is "Buy." The 12-month stock price forecast is $69.47, which is an increase of 10.67% from the latest price.
News
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This CrowdStrike Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings pag...
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Pure Storage Recognizes Customers Driving Business Impact in Fourth Annual Breakthrough Awards Program
Seven customers honored at Pure//Accelerate 2024 for innovative use of the Pure Storage platform among 12,500+ global customers LAS VEGAS , June 21, 2024 /PRNewswire/ -- Pure Storage //Accelerate -- T...
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Industry-First Innovations in the Pure Storage Platform Help Customers Keep Pace with AI's Rapid Evolution
AI Storage as-a-Service and other solutions showcased at //Accelerate deliver the best foundation for AI and cyber resilience LAS VEGAS , June 19, 2024 /PRNewswire/ -- Pure Storage//Accelerate - Pure ...
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Pure Storage Platform Arms Enterprises in Fight Against Ransomware with Groundbreaking New Cyber Resiliency Services and Capabilities
Extends STaaS leadership, now with 10 concurrent SLAs, the industry's most comprehensive set of service level agreements LAS VEGAS , June 19, 2024 /PRNewswire/ -- Pure Storage//Accelerate -- Pure Stor...
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Mirantis Collaboration with Pure Storage Simplifies Data Management with Kubernetes
CAMPBELL, Calif.--(BUSINESS WIRE)-- #container--Mirantis is collaborating with Pure Storage®, enabling customers to use MKE with the Portworx® container data management platform.
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Pure Storage Makes Strategic Investment in LandingAI to Advance AI Vision Models in the Enterprise
SANTA CLARA, Calif. and PALO ALTO, Calif.
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Pure Storage Survey Reveals Surge in Cloud-Native Adoption to Accelerate Business-Critical Application Delivery
More than half of IT professionals plan to migrate or modernize some of their VM workloads to Kubernetes SANTA CLARA, Calif., June 4, 2024 /PRNewswire/ -- Pure Storage® (NYSE:PSTG), the IT pioneer tha...
AI will put pressure on company spend but data storage 'will still be needed', says Pure Storage CEO
Charles Giancarlo, Pure Storage CEO, joins 'Closing Bell Overtime' to talk quarterly results, what's ahead as AI demand grows and more.
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Pure Storage Announces First Quarter Fiscal 2025 Financial Results
Q1 total revenue growth of 18%, year-over-year Subscription services ARR over $1.4 billion SANTA CLARA, Calif. , May 29, 2024 /PRNewswire/ -- Today Pure Storage (NYSE: PSTG), the IT pioneer that deliv...
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With Pure Storage, New Mexico State University Drives Exceptional Learning Experiences While Cutting Storage Costs by 66% Annually
SANTA CLARA, Calif. , May 20, 2024 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technologies and services, announced that New Mexico ...
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Pure Storage Propels Ampersand's Hybrid Cloud Strategy, Enables Timely Data Insights for TV Advertisers
Pure Cloud Block Store drives agility and performance for Ampersand in a hybrid cloud environment SANTA CLARA, Calif. , May 14, 2024 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that del...
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Pure Storage Announces Date and Conference Call Information for First Quarter Fiscal 2025 Financial Results
SANTA CLARA, Calif. , May 8, 2024 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced it will host ...
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Pure Storage and Red Hat Accelerate Modern Virtualization Adoption Across Enterprises
DENVER - RED HAT SUMMIT 2024--(BUSINESS WIRE)--Pure Storage® (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, and Red Hat, the world's leading ...
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Pure Storage Empowers Andra to Meet Sustainability Goals with an 80% Reduction in Data Center Footprint
The French National Agency for Radioactive Waste Management (Andra) can safely and efficiently manage data related to dangerous radioactive substances SANTA CLARA, Calif. , April 9, 2024 /PRNewswire/ ...
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With Pure Storage, the City of Bloomington Reduces Data Center Footprint by 85%, While Driving Financial Flexibility and IT Performance
City of Bloomington, IL optimizes citizen services without compromising cost or sustainability using Pure Storage SANTA CLARA, Calif. , April 2, 2024 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT...
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With Pure Storage, MPI Reduces Data Center Footprint by 95%, Achieves 10x Faster Time to Recovery
SANTA CLARA, Calif. , March 26, 2024 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technologies and services, announced that Motion Pi...
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Pure Storage, Nvidia partner to democratize AI with new infrastructure solutions
Pure Storage and Nvidia collaborate to deliver validated AI infrastructure solutions, empowering enterprises with high-performance data storage and compute capabilities for successful AI deployments a...
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Pure Storage Accelerates Enterprise AI Adoption to Meet Growing Demands with NVIDIA AI
SANTA CLARA, Calif. , March 18, 2024 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced new valida...
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Pure Storage Enables Puerto Rico's Largest Furniture Retailer to Drive Service Innovation, While Cutting IT Costs
SANTA CLARA, Calif. , March 12, 2024 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technologies and services, announced that Empresas ...
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Pure Storage Delivers New Self-Service Storage Management Capabilities to Drive Enhanced Services Experience for Global Customers
Latest platform enhancements empower customers with more control over their data storage environment via a single management layer, simplifying end-to-end operations SANTA CLARA, Calif. , March 5, 202...
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Pure Storage Unveils Strategic Evolution of its Partner Program, Built for the Subscription Economy
Updates Will Enhance Partner Experience to Drive Partner Empowerment, Scale, and Preference SANTA CLARA, Calif. , Feb. 29, 2024 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers...
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Pure Storage Announces Fiscal Fourth Quarter and Full Year 2024 Financial Results
FY24 TCV sales growth of Evergreen//One and Evergreen//Flex offerings exceeding 100% Q4 RPO growing 31% year-over-year SANTA CLARA, Calif. , Feb. 28, 2024 /PRNewswire/ -- Today Pure Storage (NYSE: PST...
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Pure Storage, Google trim Bay Area jobs in widening tech industry cuts
High-profile tech companies, including Google and Pure Storage, have decided to conduct a fresh round of Bay Area job cuts that will affect hundreds of jobs in the region, state records show.
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Pure Storage Announces Date and Conference Call Information for Fiscal Fourth Quarter and Full Year 2024 Financial Results
SANTA CLARA, Calif. , Feb. 7, 2024 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced it will host...
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With Pure Storage, Adistec Transforms Latin American IT While Cutting Hardware Costs up to 80% with Evergreen//Flex
Evergreen//Flex subscription provides the freedom to own storage and the flexibility of consumption economics based on asset utilization SANTA CLARA, Calif. , Jan. 16, 2024 /PRNewswire/ -- Pure Storag...