Pure Storage, Inc.

PSTG

US74624M1027

Pure Storage, Inc. is a data storage and management company. The Company is focused on delivering a disruptive data storage platform, which supports a range of structured and unstructured data, at scale and across any data workload in hybrid and public cloud environments, and includes mission-critical production, test and development, analytics, disaster recovery, backup and restore, artificial intelligence (AI) and machine learning. Its integrated hardware systems include FlashArray and FlashBlade. Its cloud-native storage includes Portworx by Pure Storage and Portworx Data Services. It delivers modern cloud-oriented services, management and automation to customers across their on-premises, private and public cloud environments. Its cloud operating model is delivered through its Pure Fusion, Evergreen architecture and Pure1 cloud management plane. The Company sells its products and subscription services using a direct sales force and its channel partners.

Sector

Computer Hardware

Calendar

2024-06-04 - Bank of America Technology Conference

More about the company

Income Statement Evolution

More financial data

Ratings for Pure Storage, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

D-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

63.25 USD

Average target price

68.42 USD

Spread / Average Target

+8.18%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Storage Devices

	1st Jan change	Capi.
PURE STORAGE, INC.	+77.37%	20.56B
NETAPP, INC.	+32.17%	24.04B
SHANNON SEMICONDUCTOR TECHNOLOGY CO.,LTD.	+4.59%	2.23B
QUANTA STORAGE INC.	+46.34%	1.03B
INNODISK CORPORATION	+2.72%	875M
NETAC TECHNOLOGY CO., LTD.	-28.94%	688M
ARGOSY RESEARCH INC.	-3.50%	460M
NETLIST, INC.	-15.96%	399M
INFORTREND TECHNOLOGY, INC.	+37.09%	247M
AUSTRIACARD HOLDINGS AG	-6.51%	232M

Storage Devices

Market Closed - Nyse Other stock markets 16:03:14 2024-05-30 EDT			5-day change	1st Jan Change
63.25 ^USD	+0.40%		+5.40%	+77.37%

05-30	Stifel Adjusts Price Target on Pure Storage to $65 From $46, Maintains Hold Rating	MT
05-30	Susquehanna Adjusts Pure Storage Price Target to $75 From $65, Maintains Positive Rating	MT

Stifel Adjusts Price Target on Pure Storage to $65 From $46, Maintains Hold Rating	05-30	MT
Susquehanna Adjusts Pure Storage Price Target to $75 From $65, Maintains Positive Rating	05-30	MT
Evercore ISI Adjusts Pure Storage Price Target to $75 From $65, Maintains Outperform Rating	05-30	MT
Wells Fargo Raises Pure Storage Price Target to $75 From $70, Maintains Overweight Rating	05-30	MT
Guggenheim Adjusts Pure Storage Price Target to $72 From $63, Maintains Buy Rating	05-30	MT
TD Cowen Raises Pure Storage's Price Target to $80 From $60, Maintains Buy Rating	05-30	MT
Citigroup Raises Price Target on Pure Storage to $75 From $65, Maintains Buy Rating	05-30	MT
JPMorgan Raises Price Target on Pure Storage to $75 From $50, Maintains Overweight Rating	05-30	MT
Northland Securities Downgrades Pure Storage to Market Perform From Outperform, Raises Price Target to $68 From $58	05-30	MT
KeyBanc Adjusts Price Target on Pure Storage to $79 From $64, Maintains Overweight Rating	05-30	MT
Needham Adjusts Price Target on Pure Storage to $80 From $66, Maintains Buy Rating	05-30	MT
Wedbush Boosts Price Target on Pure Storage to $80 From $70, Maintains Outperform Rating	05-30	MT
North American Morning Briefing : Equity Futures Struggle as Bond Yields Hold Highs	05-30	DJ
Transcript : Pure Storage, Inc., Q1 2025 Earnings Call, May 29, 2024	05-29
Pure Storage Fiscal Q1 Non-GAAP Earnings, Revenue Rise; Q2, FY Revenue Outlook Set; Shares Jump After Hours	05-29	MT
Pure Storage Guides For Q2 Revenue of $755 Million, vs CIQ Analyst Consensus of $752 Million; FY 2025 Revenue Seen at $3.1 Billion, vs Consensus of $3.1 Billion	05-29	MT
Earnings Flash (PSTG) PURE STORAGE Reports Q1 Revenue $693.5M, vs. Street Est of $680.9M	05-29	MT
Pure Storage, Inc. Reports Earnings Results for the First Quarter Ended May 04, 2024	05-29	CI
Pure Storage, Inc. Provides Earnings Guidance for the Second Quarter and Fiscal Year 2025	05-29	CI
Global markets live: BHP, Anglo American, Lenovo, Nvidia, Apple...	05-29
Wedbush Boosts Price Target on Pure Storage to $70 From $50, Keeps Outperform Rating	05-28	MT
Barclays Downgrades Pure Storage to Equalweight From Overweight, Price Target is $51	05-21	MT
With Pure Storage, New Mexico State University Drives Exceptional Learning Experiences While Cutting Storage Costs by 66% Annually	05-20	CI
Pure Storage Propels Ampersand's Hybrid Cloud Strategy, Enables Timely Data Insights for TV Advertisers	05-14	CI
Pure Storage and Red Hat Accelerate Modern Virtualization Adoption Across Enterprises	05-06	CI