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Market Cap 11.52B P/E 749.20 EPS this Y 14.10% Ern Qtrly Grth -
Income 136.49M Forward P/E 22.57 EPS next Y 14.20% 50D Avg Chg 6.00%
Sales 3.01B PEG 5.56 EPS past 5Y 66.01% 200D Avg Chg 28.00%
Dividend N/A Price/Book 12.67 EPS next 5Y 5.60% 52W High Chg -4.00%
Recommedations 2.20 Quick Ratio 1.74 Shares Outstanding 327.69M 52W Low Chg 69.00%
Insider Own 5.21% ROA 2.67% Shares Float 310.08M Beta 1.11
Inst Own 85.91% ROE 11.19% Shares Shorted/Prior 10.04M/10.48M Price 37.46
Gross Margin 71.67% Profit Margin 4.54% Avg. Volume 4,434,456 Target Price 64.56
Oper. Margin 3.26% Earnings Date Nov 27 Volume 2,664,721 Change -0.43%
About Pure Storage, Inc.

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 block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; and FlashBlade integrated hardware systems comprising FlashBlade//S and FlashBlade//E for managing and processing unstructured data workloads of various types from real-time log analytics and commercial high-performance computing (HPC) to data protection and recovery. In addition, it offers cloud-native storage solutions, such as Portworx by Pure Storage, a cloud-native Kubernetes data management solution; and Portworx Data Services, a Database-as-a-Service platform for Kubernetes. Further, the company provides Pure Fusion, a Software-as-a-Service (SaaS) management plane, which enables storage administrators to unify storage arrays and optimize storage pools; Evergreen Architecture comprising Pure1, an AI-driven cloud-based management platform, as well as Evergreen//One and Evergreen//Flex data storage solutions; and Cloud Block Store, a virtual block storage array, that provides customers the flexibility to operate a hybrid cloud model with seamless data mobility across on-premises and public cloud environments. It sells its products and subscription services through direct sales force and channel partners. The company was formerly known as OS76, Inc. and changed its name to Pure Storage, Inc. in January 2010. Pure Storage, Inc. was incorporated in 2009 and is headquartered in Santa Clara, California.

Pure Storage, Inc. News
11/20/24 Pure Storage, Inc. (PSTG): Certifies FlashBlade//S500 with NVIDIA DGX SuperPOD to Enhance AI Infrastructure
11/19/24 Pure Storage price target lowered to $63 from $67 at Citi
11/19/24 Pure Storage, Inc. (PSTG): Launches GenAI Pod to Streamline Generative AI Deployment and Accelerate Innovation
11/19/24 Why Pure Storage (PSTG) Outpaced the Stock Market Today
11/18/24 Pure Storage Introduces New GenAI Pod to Accelerate AI Innovation
11/17/24 This Tech CEO Says Tax Laws Are Pushing U.S. Companies Overseas
11/16/24 Pure Storage, Inc. (PSTG): Evercore ISI Reaffirms $70 Target, Highlights Long-Term Potential of CoreWeave Partnership
11/16/24 Wells Fargo Reiterates Overweight Rating on Pure Storage, Inc. (PSTG) with $75 Price Target, Highlights CoreWeave Collaboration
11/15/24 Spotify Stock Can Hit $500. Plus, Cava, Rivian, and More.
11/15/24 Why Pure Storage (PSTG) Could Beat Earnings Estimates Again
11/15/24 Pure Storage (PSTG): Oppenheimer’s Bullish Call on AI Data Storage Leader
11/15/24 How to Boost Your Portfolio with Top Computer and Technology Stocks Set to Beat Earnings
11/15/24 Oppenheimer Signals Buy on 2 Data Storage Stocks — Here’s Why They’re Bullish
11/14/24 Pure Storage, Inc. (NYSE: PSTG) Boosts AI Cloud Innovation, Announces Strategic Partnership with CoreWeave
11/14/24 Is Pure Storage (PSTG) a Buy as Wall Street Analysts Look Optimistic?
11/13/24 Pure Storage (PSTG) Stock Drops Despite Market Gains: Important Facts to Note
11/13/24 Pure Storage Invests in CoreWeave, Forms Partnership for AI Cloud Services; Stock Drops
11/13/24 Pure Storage Positioned For AI-Driven Growth: Analyst Sees 12% Revenue Surge Ahead
11/13/24 Oppenheimer initiates coverage of these 5 storage & infrastructure stocks
11/13/24 Pure Storage Gains on Oppenheimer Outperform Rating
PSTG Chatroom

User Image ness1177 Posted - 7 hours ago

$PSTG price target is $25. Will start position there

User Image FelipeLuis Posted - 17 hours ago

$PSTG Will this ever move??

User Image TheStockTraderHub Posted - 18 hours ago

Rating changes: $PANW upgraded BUY at 450 $PSTG downgraded BUY at 63 $RBRK upgraded BUY at 52 $RKLB upgraded HOLD at 12 $ROST downgraded BUY at 177

User Image Beaudine68 Posted - 19 hours ago

$PSTG $100 EOY

User Image IN0V8 Posted - 1 day ago

$PSTG Opportunity Citigroup cuts target price to $63 from $67

User Image OptionsPlayers Posted - 1 day ago

$PSTG $80 PT

User Image DonCorleone77 Posted - 2 days ago

$PSTG Pure Storage price target lowered to $63 from $67 at Citi Citi lowered the firm's price target on Pure Storage to $63 from $67 and keeps a Buy rating on the shares as part of an earnings preview for the hardware group. From a fundamental perspective, overall infrastructure demand indicators excluding artificial intelligence remain mixed, the analyst tells investors in a research note. The firm says supply chain commentary suggests a broader recovery in the general purpose server market is expected to continue through 2025. However, this demand has yet to translate into meaningful demand uptick for external storage spend with recent supply chain indicating more elongated decision-making, adds Citi.

User Image thszda Posted - 2 days ago

$NVDA $PSTG

User Image briefingcom Posted - 2 days ago

$PSTG: Following eight straight red trading sessions, Pure Storage (+2.5%) is looking to snap its bearish streak today after announcing an expansion of its AI portfolio. The company launched a full AI stack (includes all components needed to operate applications) offering on its platform, Pure Storage GenAI Pod, which helps remove some of the complexity from AI deployment. The GenAI Pod is aimed at the NIM, or microservices, space, allowing companies to achieve scaling advantages by breaking giant code bases into smaller service-specific applications. Microservices are used extensively by companies across multiple verticals, from Amazon to Netflix. https://www.briefing.com/story-stocks/archive/2024/11/18/pure-storage-edges-higher-following-the-announcement-of-its-genai-pod-today-(pstg)-?utm_campaign=storystocks&utm_medium=social&utm_source=st&utm_content=link

User Image DomLuminous Posted - 2 days ago

$PSTG Got the $NVDA nod. Market is sleeping on this.

User Image OpenOutcrier Posted - 2 days ago

$PSTG (+1.7% pre) Pure Storage Introduces New GenAI Pod to Accelerate AI Innovation - SI https://ooc.bz/l/48435

User Image JFC1156 Posted - 2 days ago

$PSTG https://www.stocktitan.net/news/PSTG/pure-storage-introduces-new-gen-ai-pod-to-accelerate-ai-lxyobt7mirrk.html

User Image Thorpe Posted - 4 days ago

$PSTG Keeping an eye on this ahead of earnings. May gain entry Monday.

User Image Stocksrunner Posted - 4 days ago

Weekly Stock Analysis: $PSTG $HAS and $WDAY potential breakouts this week! Watch support/resistance levels and volume for momentum. $RVTY & $VKTX look for sentiment reversals https://stocksrunner.com/posts/1389

User Image toadmost Posted - 5 days ago

$PSTG 5-year PT??

User Image OptionsPlayers Posted - 5 days ago

$PSTG Gonna be a huge ER ahead for PURE

User Image timberstong Posted - 5 days ago

$PSTG https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41950254/pure-storage-positioned-for-ai-driven-growth-analyst-sees-12-revenue-surge-ahead?utm_source=TechInvestorNews&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

User Image DomLuminous Posted - 6 days ago

$PSTG https://www.youtube.com/watch?v=oj5Yo-NnOkQ

User Image AngelWood781 Posted - 6 days ago

Every time AITX pushes forward with their latest projects, it highlights just how much KSCP is lagging. $PSTG

User Image JFC1156 Posted - 6 days ago

$PSTG Microsoft is also partnered with CoreWeave. The plot thickens.

User Image Josh1993 Posted - 6 days ago

$PSTG low 40’s. Needs to break this downtrend

User Image TipRanks Posted - 6 days ago

Oppenheimer Signals Buy on 2 Data Storage Stocks — Here’s Why They’re Bullish https://www.tipranks.com/news/article/oppenheimer-signals-buy-on-2-data-storage-stocks-heres-why-theyre-bullish $PSTG $CVLT

User Image JFC1156 Posted - 1 week ago

$PSTG "CoreWeave, a startup that rents out Nvidia’s artificial intelligence chips to other companies, said Wednesday that it closed a $650 million secondary share sale, with Cisco and Pure Storage investing alongside financial institutions." https://www.cnbc.com/2024/11/13/cisco-and-pure-storage-bet-on-coreweave-in-650-million-secondary-sale.html

User Image Jack_SG Posted - 1 week ago

$PSTG may I know why there was a big drop after announcing its partnership with coreweave?

User Image DomLuminous Posted - 1 week ago

$PSTG https://www.tipranks.com/news/the-fly/pure-storage-hyperscaler-win-still-ahead-says-wells-fargo

User Image Article_AI Posted - 1 week ago

$PSTG Pure Storage Positioned For AI-Driven Growth: Analyst Sees 12% Revenue Surge Ahead Pure Storage, Inc. PSTG shares are trading lower on Wednesday. Oppenheimer analyst Param Singh initiated coverage on the company with an Outperform rating and a price target of $70. https://www.stck.pro/news/PSTG/93080722/

User Image ness1177 Posted - 1 week ago

$PSTG more like pure donkey 🫏 crap. Amazon already has plenty of storage facilities.

User Image lecorb Posted - 1 week ago

$PSTG https://seekingalpha.com/news/4286231-pure-storage-slides-after-revealing-partnership-with-ai-hyperscaler?mailingid=37462460&messageid=2900&serial=37462460.2041&source=email_2900&utm_campaign=rta-stock-news&utm_content=link-3&utm_medium=email&utm_source=seeking_alpha&utm_term=37462460.2041

User Image jeffmeredith Posted - 1 week ago

These $PSTG shares sold at $50 within a half hour = 8.7% gain. Let's do that again!

User Image DomLuminous Posted - 1 week ago

$PSTG that was robbery, hopefully no one got stopped out.

Analyst Ratings
Lake Street Buy Aug 29, 24
Northland Capital Markets Market Perform Aug 29, 24
TD Cowen Buy Aug 29, 24
Citigroup Buy Aug 29, 24
Stifel Hold Aug 29, 24
Piper Sandler Neutral Aug 29, 24
Evercore ISI Group Outperform Aug 29, 24
Raymond James Outperform Aug 29, 24
UBS Sell Aug 29, 24
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Colgrove John Chief Visionary Offi.. Chief Visionary Officer Jan 09 Option 2.98 499,329 1,488,000 8,489,026 01/11/24
Taylor Roxanne Director Director Dec 19 Sell 37.05 16,216 600,803 55,743 12/21/23
Yen Mallun Director Director Jul 11 Sell 37.95 12,495 474,185 40,316 07/13/23
Brown Andrew William Fraser Director Director Jun 26 Sell 35.8313 9,097 325,957 44,964 06/28/23
Murphy John Francis Director Director Jun 22 Sell 36.5618 9,097 332,603 36,396 06/22/23
FitzSimons Dan Chief Revenue Office.. Chief Revenue Officer Jun 20 Sell 36.44 40,668 1,481,942 160,119 06/22/23
FitzSimons Dan Chief Revenue Office.. Chief Revenue Officer Jun 20 Option 17 25,000 425,000 200,787 06/22/23
Krysler P. Kevan Chief Financial Offi.. Chief Financial Officer Jun 20 Sell 37.04 26,925 997,302 528,059 06/22/23
Chu Mona Chief Accounting Off.. Chief Accounting Officer Jun 15 Sell 37.5102 7,567 283,840 155,424 06/20/23
Singh Ajay Chief Product Office.. Chief Product Officer Jun 10 Sell 36.4151 37,084 1,350,418 414,393 06/14/23
Taylor Roxanne Director Director Apr 13 Sell 26.0814 19,155 499,589 63,416 04/14/23
FitzSimons Dan Chief Revenue Office.. Chief Revenue Officer Mar 20 Sell 24.49 28,481 697,500 192,530 03/22/23
Krysler P. Kevan Chief Financial Offi.. Chief Financial Officer Dec 29 Sell 27.0584 27,679 748,949 480,831 12/30/22
Tomb Gregory Director Director Dec 27 Sell 26.649 10,643 283,625 30,544 12/29/22
Brown Andrew William Fraser Director Director Sep 12 Sell 30.181 12,637 381,397 55,448 09/14/22
Singh Ajay Chief Product Office.. Chief Product Officer Mar 23 Sell 34.388 36,338 1,249,591 378,654 03/25/22
Brown Andrew William Fraser Director Director Mar 21 Sell 35.1996 11,564 407,048 58,988 03/22/22
Dietzen Scott Director Director Dec 08 Sell 20.71 400,000 8,284,000 457,000 12/08/20
Dietzen Scott Director Director Nov 24 Sell 19.09 366,900 7,004,121 557,000 11/24/20
Dietzen Scott Director Director Nov 20 Sell 19 3,100 58,900 624,900 11/20/20
Dietzen Scott Director Director Oct 13 Sell 18.01 185,000 3,331,850 627,000 10/13/20