Pure Storage

PSTG

Market cap $28B

Overview Fund Activity

85.79 USD

-1.30

1.49%

At close Updated Sep 17, 4:00 PM EDT

Pre-market

After hours

86.00

+0.21

0.24%

1 day

-1.49%

5 days

5.33%

1 month

46.7%

3 months

63.82%

6 months

69.24%

Year to date

37.29%

1 year

72.27%

5 years

477.32%

10 years

435.85%

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 7,463 funds

0

Analysts bullish %

of 14 analysts

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

79% more first-time investments, than exits

New positions opened: 125 | Existing positions closed: 70

71% more funds holding in top 10

Funds holding in top 10: 7 [Q1] → 12 (+5) [Q2]

44% more call options, than puts

Call options by funds: $181M | Put options by funds: $126M

31% more capital invested

Capital invested by funds: $12.2B [Q1] → $16.1B (+$3.85B) [Q2]

15% more repeat investments, than reductions

Existing positions increased: 253 | Existing positions reduced: 220

7% more funds holding

Funds holding: 640 [Q1] → 686 (+46) [Q2]

1.49% more ownership

Funds ownership: 83.96% [Q1] → 85.45% (+1.49%) [Q2]

See Fund Rankings

Research analyst outlook

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

Low target

$55

36% downside

Avg. target

$78

9% downside

High target

$93

8% upside

14 analyst ratings

9 positive

64%

4 neutral

29%

1 negative

7%

Evercore ISI Group Amit Daryanani	$85	Outperform Maintained	4 Sep 2025
Barclays Tim Long	$70	Equal-Weight Maintained	29 Aug 2025
Citigroup Asiya Merchant	$81	Buy Maintained	28 Aug 2025
JP Morgan Pinjalim Bora	$80	Overweight Maintained	28 Aug 2025
Northland Capital Markets Nehal Chokshi	$71	Market Perform Maintained	28 Aug 2025
Lake Street Eric Martinuzzi	$80	Buy Maintained	28 Aug 2025
Morgan Stanley Erik Woodring	$72	Equal-Weight Maintained	28 Aug 2025
B of A Securities Wamsi Mohan	$80	Neutral Maintained	28 Aug 2025
Raymond James Simon Leopold	$88	Outperform Maintained	28 Aug 2025
Piper Sandler James Fish	$78	Overweight Maintained	28 Aug 2025
UBS David Vogt	$55	Sell Maintained	28 Aug 2025
Guggenheim Howard Ma	$93	Buy Reiterated	28 Aug 2025
Wedbush Matt Bryson	$80	Outperform Maintained	28 Aug 2025
Needham Mike Cikos	$85	Buy Maintained	28 Aug 2025

See Analyst Rankings

Financial journalist opinion

Based on 34 articles about PSTG published over the past 30 days

Some of the Biggest AI Winners of 2025 Are Data Storage Stocks

Data storage stocks are racking up gains.

Some of the Biggest AI Winners of 2025 Are Data Storage Stocks

Zacks Investment Research

Pure Storage, Inc. (PSTG) Is a Trending Stock: Facts to Know Before Betting on It

Recently, Zacks.com users have been paying close attention to Pure Storage (PSTG). This makes it worthwhile to examine what the stock has in store.

Pure Storage, Inc. (PSTG) Is a Trending Stock: Facts to Know Before Betting on It

Pure Storage Named a Leader in the 2025 Gartner® Magic Quadrant™ for Enterprise Storage Platforms

Represents twelfth consecutive year Pure Storage has been recognized as a Leader in a Gartner Magic Quadrant report SANTA CLARA, Calif. , Sept. 5, 2025 /PRNewswire/ -- Pure Storage (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced it has been recognized as a Leader in the 2025 Gartner® Magic Quadrant™ for Enterprise Storage Platforms , positioned highest in execution and furthest in vision.

Pure Storage Named a Leader in the 2025 Gartner® Magic Quadrant™ for Enterprise Storage Platforms

Zacks Investment Research

PSTG Stock Jumps 37% in a Month: Should Investors Hold or Exit?

Pure Storage stock surges 37% in a month, fueled by strong earnings and raised fiscal 2026 guidance.

PSTG Stock Jumps 37% in a Month: Should Investors Hold or Exit?

Short Seller Says Pure Storage Is A 'Melting Ice Cube,' Warns Of 'Pure Downside' In Shares

Kerrisdale Capital is shorting Pure Storage Inc. PSTG as the firm believes the company is poorly positioned to capture any meaningful share of cloud and AI infrastructure spending.

Short Seller Says Pure Storage Is A 'Melting Ice Cube,' Warns Of 'Pure Downside' In Shares

The Motley Fool

AI Spending Could Soar 600%: 2 Brilliant AI Stocks to Buy in September (Hint: Not Nvidia or Palantir)

Morgan Stanley analysts estimate artificial intelligence (AI) spending across infrastructure and software will increase more than 600% by 2028. Buying stock in Nvidia and/or Palantir has been a popular way to capitalize on that trend, but investors should consider Meta Platforms (META 0.25%) and Pure Storage (PSTG 0.56%).

AI Spending Could Soar 600%: 2 Brilliant AI Stocks to Buy in September (Hint: Not Nvidia or Palantir)

Why Pure Storage Continues To Shine: A Buyer's Perspective

Pure Storage's strong Q2 results, hyperscaler wins, and subscription growth drove a 32% post-earnings stock surge and outperformance versus the S&P 500. Collaboration with Meta and early-stage talks with other hyperscalers signal further upside potential; new hyperscaler design wins could be major catalysts for future growth. Subscription revenue now comprises 48% of total revenue, with ARR and RPO growth outpacing subscriptions, indicating potentially accelerating future revenue and higher valuation potential.

Why Pure Storage Continues To Shine: A Buyer's Perspective

Zacks Investment Research

Investors Heavily Search Pure Storage, Inc. (PSTG): Here is What You Need to Know

Pure Storage (PSTG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Investors Heavily Search Pure Storage, Inc. (PSTG): Here is What You Need to Know

'AI may eat software,' but several tech names just wrapped a huge week

MongoDB, Pure Storage and Snowflake all touted artificial intelligence in earnings reports this week. The stocks notched big gains as investors started seeing the benefits of AI moving further downstream in technology.

'AI may eat software,' but several tech names just wrapped a huge week

Pure Storage stock: another AI name demonstrating valuation isn't everything

Pure Storage Inc (NYSE: PSTG) rallied more than 30% on Thursday after posting market-beating financials for its second quarter and raising guidance for the future. Following the post-earnings surge, PSTG shares have more than doubled since early April.

Pure Storage stock: another AI name demonstrating valuation isn't everything

See News Rankings

Charts implemented using Lightweight Charts™