Pure Storage, Inc. (PSTG)
NYSE: PSTG · Real-Time Price · USD
46.00
-2.44 (-5.04%)
At close: Mar 28, 2025, 4:00 PM
45.97
-0.03 (-0.07%)
After-hours: Mar 28, 2025, 7:56 PM EDT

Pure Storage Stock Forecast

Stock Price Forecast

The 21 analysts with 12-month price forecasts for Pure Storage stock have an average target of 72.43, with a low estimate of 50 and a high estimate of 93. The average target predicts an increase of 57.46% from the current stock price of 46.00.

Analyst Consensus: Buy
Target Low Average Median High
Price $50 $72.43 $73 $93
Change +8.70% +57.46% +58.70% +102.17%
* Price targets were last updated on Feb 27, 2025.

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 Oct '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 666666
Buy 789999
Hold 665555
Sell 000000
Strong Sell 111111
Total 202121212121

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Strong Buy
Maintains
$80$77
Strong Buy Maintains $80$77 +67.39% Feb 27, 2025
UBS
UBS
Strong Sell
Maintains
$47$50
Strong Sell Maintains $47$50 +8.70% Feb 27, 2025
B of A Securities
B of A Securities
Hold
Maintains
$77$73
Hold Maintains $77$73 +58.70% Feb 27, 2025
Needham
Needham
Strong Buy
Reiterates
$75
Strong Buy Reiterates $75 +63.04% Feb 27, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$75$80
Strong Buy Maintains $75$80 +73.91% Feb 21, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
3.59B
from 3.17B
Increased by 13.25%
Revenue Next Year
4.10B
from 3.59B
Increased by 14.13%
EPS This Year
1.80
from 0.31
Increased by 481.68%
EPS Next Year
2.28
from 1.80
Increased by 26.59%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028
Period Ending Jan 31, 2021 Feb 6, 2022 Feb 5, 2023 Feb 4, 2024 Feb 2, 2025 Feb 2, 2026 Feb 2, 2027 Feb 2, 2028
Revenue
1.68B2.18B2.75B2.83B3.17B3.59B4.10B4.57B
Revenue Growth
2.48%29.49%26.26%2.80%11.92%13.25%14.13%11.50%
EPS
-1.05-0.500.230.190.311.802.282.56
EPS Growth
----17.30%66.44%481.68%26.59%12.27%
Forward PE
-----25.5120.1517.95
No. Analysts -----23175
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20262027202820292030
High 3.7B 4.5B 4.9B
Avg 3.6B 4.1B 4.6B
Low 3.4B 3.7B 4.0B

Revenue Growth

Revenue Growth 20262027202820292030
High
18.1%
24.6%
20.5%
Avg
13.3%
14.1%
11.5%
Low
7.8%
4.5%
-1.3%

EPS Forecast

EPS 202620272028
High 2.04 3.00 3.20
Avg 1.80 2.28 2.56
Low 1.52 1.72 1.98

EPS Growth

EPS Growth 202620272028
High
557.1%
66.5%
40.3%
Avg
481.7%
26.6%
12.3%
Low
390.0%
-4.3%
-13.4%
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.