Pure Storage, Inc. (PSTG)

NYSE: PSTG · Real-Time Price · USD
53.00
+0.11 (0.22%)
Mar 25, 2025, 4:00 PM EST - Market closed
0.22%
Market Cap 17.29B
Revenue (ttm) 3.17B
Net Income (ttm) 106.74M
Shares Out 326.24M
EPS (ttm) 0.31
PE Ratio 170.95
Forward PE 30.77
Dividend n/a
Ex-Dividend Date n/a
Volume 1,768,381
Open 52.50
Previous Close 52.88
Day's Range 52.24 - 53.17
52-Week Range 44.76 - 73.67
Beta 1.09
Analysts Buy
Price Target 72.43 (+36.67%)
Earnings Date Feb 26, 2025

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]

Sector Technology
IPO Date Oct 7, 2015
Employees 5,600
Stock Exchange NYSE
Ticker Symbol PSTG
Full Company Profile

Financial Performance

In 2024, Pure Storage's revenue was $3.17 billion, an increase of 11.92% compared to the previous year's $2.83 billion. Earnings were $106.74 million, an increase of 74.09%.

Financial Statements

Analyst Forecast

According to 21 analysts, the average rating for PSTG stock is "Buy." The 12-month stock price forecast is $72.43, which is an increase of 36.67% from the latest price.

Price Target
$72.43
(36.67% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Pure Storage Integrates NVIDIA AI Data Platform into FlashBlade to Fuel Enterprise AI Innovation

FlashBlade now certified for NVIDIA Cloud Partner and Enterprise deployments, transforms data into knowledge in near real-time, to fast-track agentic AI reasoning SANTA CLARA, Calif. , March 18, 2025 ...

7 days ago - PRNewsWire

Pure Storage Introduces FlashBlade//EXA™, the World's Most Powerful Data Storage Platform for AI and High-Performance Computing

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/ --...

14 days ago - PRNewsWire

Seizing Opportunities: Why Pure Storage Is An Intelligent Buy For 2025 And Beyond

Pure Storage has significant upside potential as hyperscalers transition from hard disks to solid-state devices, validated by a recent design win with a major cloud provider. Its DirectFlash technolog...

21 days ago - Seeking Alpha

Pure Storage, Inc. (PSTG) Q4 2025 Earnings Call Transcript

Pure Storage, Inc. (NYSE:PSTG) Q4 2025 Earnings Conference Call February 26, 2025 5:00 PM ET Company Participants Paul Ziots - VP of IR Charlie Giancarlo - CEO Kevan Krysler - CFO Robert Lee - CTO Co...

27 days ago - Seeking Alpha

Pure Storage Announces Fiscal Fourth Quarter and Full Year 2025 Financial Results

Delivers double-digit revenue growth and strong profitability in Q4 Full year 2025 revenue surpasses $3 billion, representing growth of 12% year-over-year SANTA CLARA, Calif. , Feb. 26, 2025 /PRNewswi...

27 days ago - PRNewsWire

Pure Storage Announces Date and Conference Call Information for Fiscal Fourth Quarter and Full Year 2025 Financial Results

SANTA CLARA, Calif. , Feb. 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 will host...

6 weeks ago - PRNewsWire

Pure Storage Revamps Reseller Partner Program to Accelerate Partner Path to Profitability and Growth

Updated program enhances growth opportunities for partners, enabling them to accelerate customers' transition to the Pure Storage Platform SANTA CLARA, Calif. , Feb. 5, 2025 /PRNewswire/ -- Pure Stora...

6 weeks ago - PRNewsWire

Pure Storage: Seeing Upside Into Fiscal 2026 Guidance

Pure Storage: Seeing Upside Into Fiscal 2026 Guidance

2 months ago - Seeking Alpha

Pure Storage: Well Positioned To Win Deals In An Expanded TAM

I maintain a buy rating for Pure Storage due to its strong growth potential and recent design win with a top-four hyperscaler. PSTG's landmark deal validates its competitive edge and strengthens its s...

2 months ago - Seeking Alpha

Pure Storage and Micron Collaborate to Deliver Scalable, Energy-Efficient Solutions for Hyperscale Data Centers

SANTA CLARA, Calif. , Jan. 7, 2025 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced the expansio...

Other symbols: MU
2 months ago - PRNewsWire

Flash Forward: Investing In Pure Storage After Its Strategic Hyperscaler Breakthrough

Pure Storage secured a significant design win with a top hyperscaler, marking a shift towards flash storage and away from traditional hard disk drives. The company's transition to a subscription-based...

3 months ago - Seeking Alpha

Pure Storage Stock Soars on Higher Subscription Revenue

Shares of Pure Storage (PSTG) soared more than 20% Wednesday, a day after the data storage provider beat profit and sales estimates and raised its guidance on higher subscription revenue.

3 months ago - Investopedia

Pure Storage: Design Wins Keep Us Bullish

Pure Storage, Inc. reported its 3QFY25 and, more importantly, a design win with one of the “top-four hyperscalers” reversing the market's negative outlook post-Q2. The design win, rumored to be Meta P...

3 months ago - Seeking Alpha

Why Pure Storage Stock Is Sailing Higher After Earnings

Pure Storage stock is surging after the data storage firm beat earnings expectations and announced a deal with a major technology company. Here's what you need to know.

3 months ago - Kiplinger

Pure Storage Q3: Sell This Spike (Rating Downgrade)

I'm downgrading Pure Storage, Inc. to a sell rating (from a previous buy) after the stock's post-Q3 earnings rally. Pure Storage has surged over 80% YTD, driven by strong AI tailwinds and robust Q3 ea...

3 months ago - Seeking Alpha

Pure Storage Earnings: Hyperscaler Deal Isn't Enough For 36x Forward FCF

Pure Storage's stock surged 20% post-earnings, but I remain neutral due to concerns about fiscal 2026 growth rates and a 36x forward free cash flow valuation. The company's innovative flash-based stor...

3 months ago - Seeking Alpha

AI play Pure Storage soars 22% after touting it won a contract with an unnamed big tech company

Pure Storage shares rallied 22% before the bell after announcing a contract with a top tier hyperscaler.

3 months ago - CNBC

Pure Storage Stock Soars. This Game-Changing News Overshadowed Earnings.

When a stock jumps 20% after a company's earnings, it's typically down to the numbers. That's not the case with Pure Storage on Wednesday.

3 months ago - Barrons

Pure Storage teams up with Kioxia

Pure Storage's APAC VP Nathan Hall talks about the company's hyperscaler deal with Japan's Kioxia, and how it's addressing the needs of the booming AI market.

4 months ago - CNBC International TV

Pure Storage, Inc. (PSTG) Q3 2025 Earnings Call Transcript

Pure Storage, Inc. (NYSE:PSTG) Q3 2025 Earnings Call Transcript December 3, 2024 5:00 PM ET Company Participants Paul Ziots - VP of IR Charlie Giancarlo - CEO Kevan Krysler - CFO Robert Lee - CTO Con...

4 months ago - Seeking Alpha

Pure Storage and Kioxia Collaborate to Drive Scalability, Efficiency, and Performance in Hyperscale Data Centers

SANTA CLARA, Calif. , Dec. 3, 2024 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced a collaborat...

4 months ago - PRNewsWire

We're seeing good growth in the business, says Pure Storage CEO

Pure Storage CEO Charles Giancarlo, joins 'Closing Bell: Overtime' to discuss company earnings and outlook.

4 months ago - CNBC Television

Pure Storage Announces Third Quarter Fiscal 2025 Financial Results

Awarded industry-first design win from a top-four hyperscaler SANTA CLARA, Calif. , Dec. 3, 2024 /PRNewswire/ -- Today Pure Storage (NYSE: PSTG), the IT pioneer that delivers the world's most advanced...

4 months ago - PRNewsWire

Pure Storage Introduces New GenAI Pod to Accelerate AI Innovation

Company also announces certification of FlashBlade//S500 with NVIDIA DGX SuperPOD for the most demanding AI data center requirements SANTA CLARA, Calif. , Nov. 18, 2024 /PRNewswire/ -- Pure Storage® (...

4 months ago - PRNewsWire

Pure Storage Positioned For AI-Driven Growth: Analyst Sees 12% Revenue Surge Ahead

Pure Storage, Inc. PSTG shares are trading lower on Wednesday. Oppenheimer analyst Param Singh initiated coverage on the company with an Outperform rating and a price target of $70.

4 months ago - Benzinga