Pure Storage, Inc. (PSTG)
Market Cap | 16.46B |
Revenue (ttm) | 2.83B |
Net Income (ttm) | 61.31M |
Shares Out | 324.91M |
EPS (ttm) | 0.19 |
PE Ratio | 266.58 |
Forward PE | 33.95 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 2,682,638 |
Open | 52.75 |
Previous Close | 51.80 |
Day's Range | 50.57 - 52.94 |
52-Week Range | 22.14 - 58.46 |
Beta | 1.15 |
Analysts | Buy |
Price Target | 50.56 (-0.18%) |
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 18 analysts, the average rating for PSTG stock is "Buy." The 12-month stock price forecast is $50.56, which is a decrease of -0.18% from the latest price.
News
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/ ...
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...
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...
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...
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...
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 ...
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...
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...
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...
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.
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...
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...
Pure Storage rises in premarket trades ahead of inclusion in S&P MidCap 400
Pure Storage Inc.'s stock PSTG, -2.36% was up 6.4% in premarket trading Wednesday after S&P Dow Jones Indices said the company will replace Patterson Companies Inc. PDCO, +0.84% in the S&P MidCap 400....
Pure Storage Set to Join S&P MidCap 400; Patterson Companies to Join S&P SmallCap 600
NEW YORK , Jan. 2, 2024 /PRNewswire/ -- Pure Storage Inc. (NYSE:PSTG) will replace Patterson Companies Inc. (NASD:PDCO) in the S&P MidCap 400, and Patterson Companies will replace Chico's FAS Inc. (NY...
Pure Storage Empowers Toss Bank to Drive Exceptional Digital Financial Services
Pure Storage enables South Korea's fastest growing internet-only bank to save nearly $500,000 in disk purchasing costs, and over $120,000 in data center footprint and energy costs SANTA CLARA, Calif. ...
Pure Storage Recognized as a Leader in the 2023 IDC MarketScape for Container Data Management
SANTA CLARA, Calif. , Dec. 7, 2023 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, announced today that it was ...
Pure Storage Appoints Lynn Lucas as Chief Marketing Officer
B2B Veteran Brings Decades of Experience Driving Growth and Innovation Across Hybrid Cloud and Software Markets SANTA CLARA, Calif. , Dec. 5, 2023 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pi...
This Analyst With 84% Accuracy Rate Sees Over 19% Upside In Dell Technologies - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts - ATI (NYSE:ATI), Dell Technologies (NYSE:DELL)
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Pure Storage price target to $40 from $45 at Wedbush, after company's revenue warning
Pure Storage Inc.'s stock PSTG, +5.74% was down 16% to $31.79 in premarket trading Thursday, after the company issued fourth-quarter and 2024 revenue forecasts that missed Wall Street estimates. Wedbu...
Pure Storage CEO Charles Giancarlo talks quarterly earnings
Charles Giancarlo, Pure Storage CEO, joins 'Closing Bell Overtime' to talk quarterly results, moving to a subscription model, AI and more.
Pure Storage Shares Tumble as Guidance Misses Estimates
The company blamed the miss on a business model transition and the delayed fulfillment of a large customer order.
Pure Storage's stock tanks 14% after tech company calls for worse-than-expected current quarter, year
Shares of Pure Storage Inc. PSTG, +5.74% dropped more than 14% in the extended session Wednesday after the tech company reported fiscal third-quarter earnings above Wall Street expectations but guidan...
Pure Storage Announces Third Quarter Fiscal 2024 Financial Results
Record sales for FlashBlade portfolio including FB//E Expect nearly $400 Million of Combined Annual Evergreen//One and Evergreen//Flex Sales Increased Operating Margin Annual Guidance SANTA CLARA, Cal...
Organizations Are Unprepared for the Massive Energy Requirements and Data Demands of AI, New Pure Storage Survey Reveals
89% of IT Buyers found ESG goals more difficult to meet as a result of upgrades to their IT infrastructure for AI adoption SANTA CLARA, Calif. , Nov. 13, 2023 /PRNewswire/ -- Pure Storage® (NYSE: PSTG...