Pure Storage
PSTG
Market cap $19.4B

59.24 USD

-0.13

0.22%

Updated Jul 30, 3:57 PM EDT

1 day

-0.22%

5 days

3.39%

1 month

2.88%

3 months

30.60%

6 months

-13.37%

Year to date

-5.20%

1 year

4.85%

5 years

239.68%

10 years

270.02%

About: Pure Storage Inc is a U.S.-based company that provides an enterprise data storage platform that transforms business through a dramatic increase in performance and reduction in complexity and costs. It generates revenue from two sources: product revenue, which includes the sale of integrated storage hardware and embedded operating system software; and subscription services revenue, which includes Evergreen Storage subscriptions, a unified subscription that includes Pure as-a-Service, Cloud Block Store, and Portworx. Subscription services revenue also includes professional services offerings such as installation and implementation consulting services.

Employees: 6,000

Technology Computer Hardware

0

Funds holding %

of 7,323 funds

0

Analysts bullish %

of 7 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

9% more repeat investments, than reductions

Existing positions increased: 244 | Existing positions reduced: 223

0.09% more ownership

Funds ownership: 83.82% [Q4 2024] → 83.91% (+0.09%) [Q1 2025]

10% less first-time investments, than exits

New positions opened: 84 | Existing positions closed: 93

3% less funds holding

Funds holding: 653 [Q4 2024] → 636 (-17) [Q1 2025]

13% less funds holding in top 10

Funds holding in top 10: 8 [Q4 2024] → 7 (-1) [Q1 2025]

26% less call options, than puts

Call options by funds: $107M | Put options by funds: $146M

27% less capital invested

Capital invested by funds: $16.8B [Q4 2024] → $12.2B (-$4.6B) [Q1 2025]

See Fund Rankings

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$57

4%

downside

Avg. target

$66

12%

upside

High target

$75

27%

upside

7 analyst ratings

5 positive

71%

2 neutral

29%

0 negative

0%

Needham Mike Cikos	27%upside $75	Buy Reiterated	20 Jun 2025
Piper Sandler James Fish	11%upside $66	Overweight Maintained	29 May 2025
Barclays Tim Long	4%downside $57	Equal-Weight Maintained	29 May 2025
JP Morgan Pinjalim Bora	18%upside $70	Overweight Maintained	29 May 2025
Evercore ISI Group Amit Daryanani	18%upside $70	Outperform Maintained	23 May 2025

See Analyst Rankings

Financial journalist opinion

Based on 11 articles about PSTG published over the past 30 days

Zacks Investment Research

Pure Storage, Inc. (PSTG) is Attracting Investor Attention: Here is What You Should Know

Pure Storage (PSTG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Pure Storage, Inc. (PSTG) is Attracting Investor Attention: Here is What You Should Know

Zacks Investment Research

Pure Storage (PSTG) Outperforms Broader Market: What You Need to Know

In the most recent trading session, Pure Storage (PSTG) closed at $57.59, indicating a +1.11% shift from the previous trading day.

Pure Storage (PSTG) Outperforms Broader Market: What You Need to Know

Pure Storage: Positioned For Success In The Data-Driven Future

Pure Storage's Meta Platforms win validates its AI storage leadership and could unlock further hyperscaler contracts, driving long-term growth potential. AI adoption is fueling demand for high-performance, scalable storage, positioning Pure Storage for double-digit revenue growth over the next decade. Despite strong fundamentals, Pure Storage appears overvalued in the near term, with a premium P/S ratio compared to historical medians and a high FY2026 forward PEG ratio.

Pure Storage: Positioned For Success In The Data-Driven Future

The Motley Fool

History Says the Stock Market Is About to Soar: 2 Magnificent Stocks to Buy Now, According to Wall Street

The S&P 500 (^GSPC 0.78%) returned more than 25% during the three-month period ending on July 9, marking the sixth time in history the index has accomplished that. Interestingly, not only has the S&P 500 always been higher one year later, but also it has returned an average of 21% during the subsequent year.

History Says the Stock Market Is About to Soar: 2 Magnificent Stocks to Buy Now, According to Wall Street

Zacks Investment Research

Pure Storage (PSTG) Advances While Market Declines: Some Information for Investors

Pure Storage (PSTG) closed the most recent trading day at $58.12, moving +1.52% from the previous trading session.

Pure Storage (PSTG) Advances While Market Declines: Some Information for Investors

Why Pure Storage Is a Core Investment for the AI Era

The global economy is undergoing a data-driven transformation. Artificial intelligence (AI) is the engine powering this shift, turning raw information into tangible business value.

Why Pure Storage Is a Core Investment for the AI Era

Zacks Investment Research

Pure Storage, Inc. (PSTG) is Attracting Investor Attention: Here is What You Should Know

Pure Storage (PSTG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Pure Storage, Inc. (PSTG) is Attracting Investor Attention: Here is What You Should Know

Zacks Investment Research

Why Pure Storage (PSTG) Outpaced the Stock Market Today

The latest trading day saw Pure Storage (PSTG) settling at $58.21, representing a +1.98% change from its previous close.

Why Pure Storage (PSTG) Outpaced the Stock Market Today

Zacks Investment Research

Pure Storage (PSTG) is a Top-Ranked Momentum Stock: Should You Buy?

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Pure Storage (PSTG) is a Top-Ranked Momentum Stock: Should You Buy?

Zacks Investment Research

Pure Storage (PSTG) Rises Higher Than Market: Key Facts

Pure Storage (PSTG) concluded the recent trading session at $56.93, signifying a +1.66% move from its prior day's close.

Pure Storage (PSTG) Rises Higher Than Market: Key Facts

See News Rankings

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