Pure Storage, Inc. (PSTG)
NYSE: PSTG · Real-Time Price · USD
67.80
-0.09 (-0.13%)
At close: Feb 20, 2025, 4:00 PM
67.65
-0.15 (-0.22%)
After-hours: Feb 20, 2025, 7:21 PM EST
Pure Storage Stock Forecast
Stock Price Forecast
The 21 analysts with 12-month price forecasts for Pure Storage stock have an average target of 71.95, with a low estimate of 47 and a high estimate of 93. The average target predicts an increase of 6.12% from the current stock price of 67.80.
Analyst Consensus: Buy
* Price targets were last updated on Dec 17, 2024.
Analyst Ratings
The average analyst rating for Pure Storage stock from 21 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 6 | 6 | 6 | 6 | 6 |
| Buy | 8 | 7 | 8 | 9 | 9 | 9 |
| Hold | 6 | 6 | 6 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 20 | 20 | 21 | 21 | 21 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $62 → $72 | Hold | Maintains | $62 → $72 | +6.19% | Dec 17, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $60 → $75 | Buy | Maintains | $60 → $75 | +10.62% | Dec 4, 2024 |
| Lake Street | Lake Street | Strong Buy Maintains $68 → $70 | Strong Buy | Maintains | $68 → $70 | +3.24% | Dec 4, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $63 → $75 | Strong Buy | Maintains | $63 → $75 | +10.62% | Dec 4, 2024 |
| UBS | UBS | Strong Sell Maintains $45 → $47 | Strong Sell | Maintains | $45 → $47 | -30.68% | Dec 4, 2024 |
Financial Forecast
Revenue This Year
3.22B
from 2.83B
Increased by 13.76%
Revenue Next Year
3.59B
from 3.22B
Increased by 11.52%
EPS This Year
1.71
from 0.19
Increased by 815.92%
EPS Next Year
1.80
from 1.71
Increased by 5.64%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 3.3B | 3.8B | 4.5B |
| Avg | 3.2B | 3.6B | 4.1B |
| Low | 3.1B | 3.4B | 3.7B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 17.9% | 19.3% | 25.9% |
| Avg | 13.8% | 11.5% | 14.5% |
| Low | 9.2% | 5.0% | 3.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.84 | 2.04 | 3.00 |
| Avg | 1.71 | 1.80 | 2.28 |
| Low | 1.59 | 1.52 | 1.72 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 886.6% | 19.4% | 66.6% |
| Avg | 815.9% | 5.6% | 26.7% |
| Low | 752.4% | -11.0% | -4.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.