Pure Storage
PSTG
Market cap $18.2B

51.65 USD

-2.84

5.21%

At close Jun 13, 4:00 PM EDT

After hours

51.00

-0.65

1.26%

1 day

-5.21%

5 days

-7.15%

1 month

-6.30%

3 months

6.41%

6 months

-18.92%

Year to date

-17.35%

1 year

-24.38%

5 years

204.54%

10 years

222.61%

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 7,296 funds

0

Analysts bullish %

of 7 analysts

Fund manager confidence

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

10% more repeat investments, than reductions

Existing positions increased: 244 | Existing positions reduced: 222

0.08% more ownership

Funds ownership: 83.82% [Q4 2024] → 83.9% (+0.08%) [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] → 635 (-18) [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

10%

upside

Avg. target

$66

29%

upside

High target

$75

45%

upside

7 analyst ratings

5 positive

71%

2 neutral

29%

0 negative

0%

Piper Sandler James Fish	28%upside $66	Overweight Maintained	29 May 2025
Barclays Tim Long	10%upside $57	Equal-Weight Maintained	29 May 2025
JP Morgan Pinjalim Bora	36%upside $70	Overweight Maintained	29 May 2025
Needham Mike Cikos	45%upside $75	Buy Reiterated	29 May 2025
Evercore ISI Group Amit Daryanani	36%upside $70	Outperform Maintained	23 May 2025

See Analyst Rankings

Financial journalist opinion

Based on 21 articles about PSTG published over the past 30 days

Zacks Investment Research

Here's Why Pure Storage (PSTG) is a Strong Momentum Stock

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Here's Why Pure Storage (PSTG) is a Strong Momentum Stock

Zacks Investment Research

Here is What to Know Beyond Why Pure Storage, Inc. (PSTG) is a Trending Stock

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.

Here is What to Know Beyond Why Pure Storage, Inc. (PSTG) is a Trending Stock

Pure Storage: Reiterate Buy Rating As Demand Remains Strong

I reiterate my buy rating on Pure Storage due to strong demand, robust execution, and attractive valuation. 1Q26 results validate my bullish stance, with accelerating revenue growth, standout subscription momentum, and healthy margins without relying on price cuts. Key catalysts include hyperscaler traction (Meta win), AI-driven demand, new platform launches, and disciplined pricing strategy to win market share.

Pure Storage: Reiterate Buy Rating As Demand Remains Strong

Zacks Investment Research

Why Pure Storage (PSTG) is a Top Growth Stock for the Long-Term

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Why Pure Storage (PSTG) is a Top Growth Stock for the Long-Term

The Motley Fool

Why Pure Storage Stock Slipped on Thursday

Data storage specialist Pure Storage (PSTG -2.63%) wasn't in the good graces of the stock market on Thursday. After its latest set of quarterly earnings were published the previous afternoon, investors traded out of the shares to leave them with a nearly 3% decline to close Thursday.

Why Pure Storage Stock Slipped on Thursday

Pure Storage: Losing Patience As Margins Wane (Rating Downgrade)

Pure Storage's Q1 results showcased ongoing margin pressure from a highly competitive, commoditized data storage industry, limiting pricing power and growth potential. Despite AI hype, Pure Storage's revenue growth remains tepid. Current trends may even be supported by pull-forwards in infrastructure investments, and are not necessarily sustainable. Rising R&D expenses are eroding operating profits, while the company must spend more just to maintain modest growth rates.

Pure Storage: Losing Patience As Margins Wane (Rating Downgrade)

Zacks Investment Research

Pure Storage's Q1 Earnings & Revenues Beat, Bottom Line Declines Y/Y

PSTG's fiscal Q1 2026 gains from demand for FlashBlade offerings, AI-driven storage and solid renewals of Evergreen subscriptions amid a volatile macro backdrop.

Pure Storage's Q1 Earnings & Revenues Beat, Bottom Line Declines Y/Y

Pure Storage, Inc. (PSTG) Q1 2026 Earnings Call Transcript

Pure Storage, Inc. (NYSE:PSTG ) Q1 2026 Results Conference Call May 28, 2025 5:00 PM ET Company Participants Paul Ziots - Vice President, Investor Relations Charlie Giancarlo - Chief Executive Officer Kevan Krysler - Chief Financial Officer Rob Lee - Chief Technology Officer Conference Call Participants Amit Daryanani - Evercore Michael Tsvetanov - Wells Fargo Howard Ma - Guggenheim Securities Pinjalim Bora - JPMorgan Mike Cikos - Needham & Company Jason Ader - William Blair Meta Marshall - Morgan Stanley Simon Leopold - Raymond James Mike Cadiz - Citigroup Max Michaelis - Lake Street Capital Markets Caden Dahl - Piper Sandler Operator Good day, and welcome to the Pure Storage First Quarter Fiscal 2026 Financial Results Conference Call. Today's conference is being recorded.

Pure Storage, Inc. (PSTG) Q1 2026 Earnings Call Transcript

Zacks Investment Research

Pure Storage (PSTG) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

While the top- and bottom-line numbers for Pure Storage (PSTG) give a sense of how the business performed in the quarter ended April 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Pure Storage (PSTG) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Zacks Investment Research

Pure Storage (PSTG) Beats Q1 Earnings and Revenue Estimates

Pure Storage (PSTG) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.32 per share a year ago.

Pure Storage (PSTG) Beats Q1 Earnings and Revenue Estimates

See News Rankings

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