PSTG icon

Pure Storage

56.44 USD
+1.32
2.39%
At close May 14, 4:00 PM EDT
After hours
56.40
-0.04
0.07%
1 day
2.39%
5 days
16.42%
1 month
36.82%
3 months
-16.76%
6 months
13.27%
Year to date
-9.68%
1 year
0.05%
5 years
297.74%
10 years
252.53%
 

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

0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 6 analysts

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

90% more first-time investments, than exits

New positions opened: 129 | Existing positions closed: 68

26% more capital invested

Capital invested by funds: $13.4B [Q3] → $16.8B (+$3.45B) [Q4]

17% more repeat investments, than reductions

Existing positions increased: 238 | Existing positions reduced: 204

14% more funds holding in top 10

Funds holding in top 10: 7 [Q3] → 8 (+1) [Q4]

7% more funds holding

Funds holding: 606 [Q3] → 650 (+44) [Q4]

2.76% more ownership

Funds ownership: 81.0% [Q3] → 83.75% (+2.76%) [Q4]

8% more call options, than puts

Call options by funds: $250M | Put options by funds: $232M

Research analyst outlook

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

Low target
$50
11%
downside
Avg. target
$61
8%
upside
High target
$75
33%
upside

6 analyst ratings

positive
67%
neutral
17%
negative
17%
Evercore ISI Group
Amit Daryanani
45% 1-year accuracy
19 / 42 met price target
6%upside
$60
Outperform
Maintained
28 Apr 2025
Citigroup
Asiya Merchant
41% 1-year accuracy
15 / 37 met price target
3%downside
$55
Buy
Maintained
14 Apr 2025
Piper Sandler
James Fish
57% 1-year accuracy
16 / 28 met price target
6%downside
$53
Overweight
Maintained
8 Apr 2025
UBS
David Vogt
64% 1-year accuracy
9 / 14 met price target
11%downside
$50
Sell
Maintained
27 Feb 2025
B of A Securities
Wamsi Mohan
62% 1-year accuracy
50 / 81 met price target
29%upside
$73
Neutral
Maintained
27 Feb 2025

Financial journalist opinion

Based on 10 articles about PSTG published over the past 30 days

Neutral
Zacks Investment Research
6 days ago
Is It Worth Investing in Pure Storage (PSTG) Based on Wall Street's Bullish Views?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Is It Worth Investing in Pure Storage (PSTG) Based on Wall Street's Bullish Views?
Positive
Zacks Investment Research
6 days ago
Is Most-Watched Stock Pure Storage, Inc. (PSTG) Worth Betting on Now?
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.
Is Most-Watched Stock Pure Storage, Inc. (PSTG) Worth Betting on Now?
Negative
Zacks Investment Research
1 week ago
Pure Storage (PSTG) Flat As Market Sinks: What You Should Know
Pure Storage (PSTG) closed at $47.58 in the latest trading session, marking no change from the prior day.
Pure Storage (PSTG) Flat As Market Sinks: What You Should Know
Neutral
PRNewsWire
1 week ago
Pure Storage Announces Date and Conference Call Information for First Quarter Fiscal 2026 Financial Results
SANTA CLARA, Calif. , May 6, 2025 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced it will host a conference call on Wednesday, May 28, at 2:00 p.m.
Pure Storage Announces Date and Conference Call Information for First Quarter Fiscal 2026 Financial Results
Neutral
Zacks Investment Research
2 weeks ago
Pure Storage (PSTG) Stock Declines While Market Improves: Some Information for Investors
In the latest trading session, Pure Storage (PSTG) closed at $45.36, marking a -0.48% move from the previous day.
Pure Storage (PSTG) Stock Declines While Market Improves: Some Information for Investors
Neutral
Zacks Investment Research
2 weeks ago
Pure Storage (PSTG) Stock Drops Despite Market Gains: Important Facts to Note
Pure Storage (PSTG) closed the most recent trading day at $45.38, moving -0.7% from the previous trading session.
Pure Storage (PSTG) Stock Drops Despite Market Gains: Important Facts to Note
Positive
Zacks Investment Research
2 weeks ago
Pure Storage, Inc. (PSTG) is Attracting Investor Attention: Here is What You Should Know
Zacks.com users have recently been watching Pure Storage (PSTG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Pure Storage, Inc. (PSTG) is Attracting Investor Attention: Here is What You Should Know
Neutral
Zacks Investment Research
3 weeks ago
Pure Storage (PSTG) Increases Yet Falls Behind Market: What Investors Need to Know
The latest trading day saw Pure Storage (PSTG) settling at $40.36, representing a +0.37% change from its previous close.
Pure Storage (PSTG) Increases Yet Falls Behind Market: What Investors Need to Know
Positive
Zacks Investment Research
3 weeks ago
Pure Storage Collaborates With Varonis to Elevate Cyber Resilience
PSTG and Varonis partner to boost data security and resilience, offering AI-powered threat detection, access control and rapid recovery from cyber incidents.
Pure Storage Collaborates With Varonis to Elevate Cyber Resilience
Neutral
GlobeNewsWire
3 weeks ago
Varonis Announces Partnership With Pure Storage
MIAMI and SANTA CLARA, Calif., April 21, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (NASDAQ: VRNS) today announced a new partnership with Pure Storage (NYSE: PSTG), a leading provider of advanced data storage technology and services.
Varonis Announces Partnership With Pure Storage
Charts implemented using Lightweight Charts™