Pure Storage, Inc. (PSTG)
| Market Cap | 28.51B |
| Revenue (ttm) | 3.35B |
| Net Income (ttm) | 139.20M |
| Shares Out | 328.64M |
| EPS (ttm) | 0.41 |
| PE Ratio | 212.13 |
| Forward PE | 39.75 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,712,195 |
| Open | 82.96 |
| Previous Close | 82.30 |
| Day's Range | 82.60 - 87.17 |
| 52-Week Range | 34.51 - 87.17 |
| Beta | 1.20 |
| Analysts | Buy |
| Price Target | 76.18 (-12.19%) |
| Earnings Date | Aug 27, 2025 |
About PSTG
Pure Storage, Inc. provides 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 sto... [Read more]
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 StatementsAnalyst Summary
According to 17 analysts, the average rating for PSTG stock is "Buy." The 12-month stock price target is $76.18, which is a decrease of -12.19% from the latest price.
News
Some of the Biggest AI Winners of 2025 Are Data Storage Stocks
Data storage stocks are racking up gains.
Pure Storage Named a Leader in the 2025 Gartner® Magic Quadrant™ for Enterprise Storage Platforms
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 I...
Short Seller Says Pure Storage Is A 'Melting Ice Cube,' Warns Of 'Pure Downside' In Shares
Kerrisdale Capital is shorting Pure Storage Inc. PSTG as the firm believes the company is poorly positioned to capture any meaningful share of cloud and AI infrastructure spending.
Why Pure Storage Continues To Shine: A Buyer's Perspective
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 w...
'AI may eat software,' but several tech names just wrapped a huge week
MongoDB, Pure Storage and Snowflake all touted artificial intelligence in earnings reports this week. The stocks notched big gains as investors started seeing the benefits of AI moving further downstr...
Pure Storage stock: another AI name demonstrating valuation isn't everything
Pure Storage Inc (NYSE: PSTG) rallied more than 30% on Thursday after posting market-beating financials for its second quarter and raising guidance for the future. Following the post-earnings surge, P...
Pure Storage Cashes In On Meta Partnership, CFO Hypes 'Hyperscaler Interest'
Pure Storage Inc PSTG stock surged more than 30% on Thursday, setting up for a record close, after the data storage firm delivered stronger-than-expected quarterly results and raised its full-year out...
Pure Storage Reports Q2: Stock Soars, Analysts Revise Forecasts
Pure Storage Inc PSTG shares rallied in early trading on Thursday, after the company reported upbeat fiscal second-quarter results.
This under-the-radar storage stock is cashing in on Meta's AI spending
Pure Storage's stock is cruising to a record after a flash-storage partnership with Meta helped the company crush earnings expectations.
Pure Storage stock soars more than 30% to record as Meta deal bolsters results, outlook
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 reve...
Pure Storage Stock Rallies 24%. A Meta Deal Has Something to Do With It, Say Analysts.
The maker of flash memory products posts an earnings beat in its latest quarter and raises its guidance.
Pure Storage: This Surge Offers An Opportunity To Cash Out
Pure Storage delivered strong Q2 results, beating revenue and EPS expectations, and raised full-year guidance, driving a significant post-earnings stock surge. The company continues to expand its cust...
Pure Storage, Inc. (PSTG) Q2 2026 Earnings Call Transcript
Pure Storage, Inc. (NYSE:PSTG) Q2 2026 Earnings Conference Call August 27, 2025 5:00 PM ET Company Participants Charles H. Giancarlo - Chairman & CEO Paul Ziots - Vice President of Investor Relations...
Pure Storage CEO Charles Giancarlo talks Q2 results ahead of investors call
Charles Giancarlo, Pure Storage CEO, joins 'Closing Bell Overtime' to talk quarterly results after stock pops 14% on Q2 report.
Pure Storage shares pop more than 14% on earnings and revenue beat
Pure Storage quarterly results send shares climbing more than 14% in overtime trading.
Pure Storage Stock Rallies After Q2 Earnings Beat Estimates
Pure Storage Inc. PSTG released its second-quarter results after Wednesday's closing bell. Here's a look at the key figures from the quarter.
Pure Storage Announces Second Quarter Fiscal 2026 Financial Results
Q2 total revenue growth of 13% year-over-year Storage as a Service Offerings TCV sales growth of 24% Increases full-year revenue and operating profit guidance SANTA CLARA, Calif. , Aug. 27, 2025 /PRN...
Buy Pure Storage Stock Ahead Of Earnings?
Pure Storage (NYSE:PSTG) is scheduled to announce its Q2 FY'26 earnings on Wednesday, August 27, 2025. According to consensus estimates, earnings are anticipated to be around $0.39 per share, while re...
Pure Storage Announces Date and Conference Call Information for Second Quarter Fiscal 2026 Financial Results
SANTA CLARA, Calif. , Aug. 6, 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...
Pure Storage: Positioned For Success In The Data-Driven Future
Pure Storage's Meta Platforms win validates its AI storage leadership and could unlock further hyperscaler contracts, driving long-term growth potential. AI adoption is fueling demand for high-perform...
Pure Storage Names Tarek Robbiati as Chief Financial Officer
SANTA CLARA, Calif. , June 24, 2025 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced the appoint...
TierPoint and Pure Storage Launch Imaging Storage-as-a-Service
Helps Improve Healthcare Cost Predictability and Accelerate Diagnoses Helps Improve Healthcare Cost Predictability and Accelerate Diagnoses
Why Pure Storage Analyst Is Bullish On Company's 'Strategic Innovation'
Pure Storage Inc PSTG hosted its annual Accelerate event in Las Vegas, where management announced the Enterprise Data Cloud and Pure Fusion with workload automation, according to Needham.
PURE STORAGE INTRODUCES THE ENTERPRISE DATA CLOUD SO CUSTOMERS CAN MANAGE THEIR DATA, NOT THEIR STORAGE
New Pure Storage platform innovations help customers solve data management challenges today and in the future LAS VEGAS , June 18, 2025 /PRNewswire/ -- Pure//Accelerate – Pure Storage® (NYSE: PSTG), t...
PURE STORAGE UNVEILS NEXT-GENERATION STORAGE PRODUCTS TO DELIVER PERFORMANCE AT ANY SCALE
New Pure Storage FlashArray and FlashBlade offerings support the most massive demands for increasingly intensive workloads LAS VEGAS , June 18, 2025 /PRNewswire/ -- Pure//Accelerate -- Pure Storage® (...