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
* 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 '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
---|---|---|---|---|---|---|
Strong Buy | 6 | 6 | 6 | 6 | 6 | 6 |
Buy | 7 | 8 | 9 | 9 | 9 | 9 |
Hold | 6 | 6 | 5 | 5 | 5 | 5 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
Total | 20 | 21 | 21 | 21 | 21 | 21 |
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 |
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%
Revenue Forecast
Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
---|---|---|---|---|---|
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 | 2026 | 2027 | 2028 | 2029 | 2030 |
---|---|---|---|---|---|
High | 18.1% | 24.6% | 20.5% | ||
Avg | 13.3% | 14.1% | 11.5% | ||
Low | 7.8% | 4.5% | -1.3% |
EPS Forecast
EPS | 2026 | 2027 | 2028 |
---|---|---|---|
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 | 2026 | 2027 | 2028 |
---|---|---|---|
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.