Pure Storage, Inc. (PSTG)
NYSE: PSTG · Real-Time Price · USD
54.71
+1.46 (2.74%)
At close: Jun 24, 2025, 4:00 PM
54.75
+0.04 (0.07%)
After-hours: Jun 24, 2025, 7:38 PM EDT
Pure Storage Stock Forecast
Stock Price Forecast
The 19 analysts that cover Pure Storage stock have a consensus rating of "Buy" and an average price target of $69.53, which forecasts a 27.09% increase in the stock price over the next year. The lowest target is $50 and the highest is $93.
Price Target: $69.53 (+27.09%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Pure Storage stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 6 | 6 |
| Buy | 9 | 9 | 9 | 9 | 9 | 7 |
| Hold | 5 | 5 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 21 | 21 | 21 | 21 | 21 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $75 | Strong Buy | Reiterates | $75 | +37.09% | Jun 20, 2025 |
| Piper Sandler | Piper Sandler | Buy Maintains $53 → $66 | Buy | Maintains | $53 → $66 | +20.64% | May 29, 2025 |
| Barclays | Barclays | Hold Maintains $61 → $57 | Hold | Maintains | $61 → $57 | +4.19% | May 29, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $75 → $70 | Buy | Maintains | $75 → $70 | +27.95% | May 29, 2025 |
| Needham | Needham | Strong Buy Reiterates $75 | Strong Buy | Reiterates | $75 | +37.09% | May 29, 2025 |
Financial Forecast
Revenue This Year
3.59B
from 3.17B
Increased by 13.31%
Revenue Next Year
4.08B
from 3.59B
Increased by 13.59%
EPS This Year
1.85
from 0.31
Increased by 496.16%
EPS Next Year
2.32
from 1.85
Increased by 25.40%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 3.7B | 4.3B | 4.7B | ||
| Avg | 3.6B | 4.1B | 4.4B | ||
| Low | 3.4B | 3.8B | 4.0B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 17.9% | 20.5% | 16.0% | ||
| Avg | 13.3% | 13.6% | 8.3% | ||
| Low | 8.7% | 4.5% | -1.7% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.11 | 2.76 | 2.82 |
| Avg | 1.85 | 2.32 | 2.37 |
| Low | 1.65 | 1.79 | 1.95 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 580.8% | 49.4% | 21.7% |
| Avg | 496.2% | 25.4% | 2.2% |
| Low | 430.8% | -3.0% | -15.9% |
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.