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Pure Storage (PSTG)
NYSE:PSTG
PSTG Analyst Ratings
Moderate Buy
12 Buy
4 Hold
1 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
PSTG Stock 12 Month Forecast
Average Price Target
$85.44
▼(-5.41% Downside)
| Highest Price Target$105.00 | Average Price Target$85.44 | Lowest Price Target$55.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Detailed List of Analyst Forecasts
Guggenheim
$105
Buy
16.24%
Upside
Reiterated
09/30/25
Evercore ISI
$85→$90
Buy
-0.37%
Downside
Reiterated
09/26/25
Wells Fargo
$80→$100
Buy
10.71%
Upside
Reiterated
09/26/25
Raymond James
$88
Buy
-2.58%
Downside
Reiterated
09/26/25
Needham
$85→$100
Buy
10.71%
Upside
Reiterated
09/26/25
Pure Storage's Strategic Advancements and Market Positioning Drive Buy Rating and Increased Price TargetWe attended Pure Storage's Product & Technology-Focused meeting for financial analysts as part of Pure//Accelerate NYC this week. The company announced a major expansion of Enterprise Data Cloud (which we previously discussed following our attendance of Pure Storage's flagship //Accelerate event in Las Vegas - click here), in addition to more robust Cybersecurity capabilities through both organic development and integrations across the ecosystem with partners such as CrowdStrike and Veeam. Pure Storage is purpose-built to bring the Cloud operating model to Enterprise storage, and is targeting four markets: (1) (4) Hyperscalers. We raise our PT to $100.
William Blair
―
Buy
―
Reiterated
09/26/25
Morgan Stanley
$70
Hold
-22.51%
Downside
Reiterated
09/26/25
UBS
$50→$55
Sell
-39.11%
Downside
Reiterated
09/26/25
Bank of America Securities
$80→$95
Hold
5.17%
Upside
Reiterated
09/25/25
Analysts Offer Insights on Technology Companies: Pure Storage (NYSE: PSTG) and Klaviyo, Inc. Class A (NYSE: KVYO)We attended Pure Accelerate NYC which featured presentations from CEO Charles Giancarlo, CTO Darji (GM, FlashArray business), and Bill Cerreta (GM, Hyperscale) followed by a Q&A session. We walked away encouraged by the company’s position in the enterprise storage market, differentiated DFM technology, opportunity in Neo-Cloud, and the long-term prospects of breaking into hyperscale data center storage market. Reiterate Neutral as product growth yet to re-accelerate, hyperscaler deals yet to catalyze estimates while investments and competitive dynamics create margin risk. Hyperscale oppty in progress with focus on Warm layer PSTG discussed hyperscale opportunities but did not have any updates on the previously announced 1-2 EBs expected to ship in C2H25.
Piper Sandler
$78→$92
Buy
1.85%
Upside
Reiterated
09/25/25
Citi
$81
Buy
-10.33%
Downside
Reiterated
09/18/25
Pure Storage Positioned for Growth: Buy Rating Highlighted by Strategic Initiatives and Industry TrendsWe will attend Pure//Accelerate NYC on Sept 29 th , featuring an investor/ financial analyst track where the company is expected to specifically focus on Pure product/technology roadmap and hyperscaler opportunity. While we are not expecting an announcement of additional hyperscale wins at this event nor target financial model updates, we anticipate gleaning incremental color on enterprise demand outlook for storage solutions as AI inferencing gathers momentum, the framing of its hyperscaler opportunity and impact of recent NAND price volatility. We remain constructive on Pure’s mid- to long-term opportunity ahead on the ongoing industry shift to flash and secular growth, subscription offerings, and TAM expansion opportunity.
TD Cowen
$85
Buy
-5.90%
Downside
Reiterated
09/16/25
Barclays
$70
Hold
-22.51%
Downside
Reiterated
08/29/25
TR | OpenAI - 4o
$69→$90
Buy
-0.37%
Downside
Reiterated
08/29/25
AI Generated ArticleAI Generated Article
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Guggenheim
$105
Buy
16.24%
Upside
Reiterated
09/30/25
Evercore ISI
$85→$90
Buy
-0.37%
Downside
Reiterated
09/26/25
Wells Fargo
$80→$100
Buy
10.71%
Upside
Reiterated
09/26/25
Raymond James
$88
Buy
-2.58%
Downside
Reiterated
09/26/25
Needham
$85→$100
Buy
10.71%
Upside
Reiterated
09/26/25
Pure Storage's Strategic Advancements and Market Positioning Drive Buy Rating and Increased Price TargetWe attended Pure Storage's Product & Technology-Focused meeting for financial analysts as part of Pure//Accelerate NYC this week. The company announced a major expansion of Enterprise Data Cloud (which we previously discussed following our attendance of Pure Storage's flagship //Accelerate event in Las Vegas - click here), in addition to more robust Cybersecurity capabilities through both organic development and integrations across the ecosystem with partners such as CrowdStrike and Veeam. Pure Storage is purpose-built to bring the Cloud operating model to Enterprise storage, and is targeting four markets: (1) (4) Hyperscalers. We raise our PT to $100.
William Blair
―
Buy
―
Reiterated
09/26/25
Morgan Stanley
$70
Hold
-22.51%
Downside
Reiterated
09/26/25
UBS
$50→$55
Sell
-39.11%
Downside
Reiterated
09/26/25
Bank of America Securities
$80→$95
Hold
5.17%
Upside
Reiterated
09/25/25
Analysts Offer Insights on Technology Companies: Pure Storage (NYSE: PSTG) and Klaviyo, Inc. Class A (NYSE: KVYO)We attended Pure Accelerate NYC which featured presentations from CEO Charles Giancarlo, CTO Darji (GM, FlashArray business), and Bill Cerreta (GM, Hyperscale) followed by a Q&A session. We walked away encouraged by the company’s position in the enterprise storage market, differentiated DFM technology, opportunity in Neo-Cloud, and the long-term prospects of breaking into hyperscale data center storage market. Reiterate Neutral as product growth yet to re-accelerate, hyperscaler deals yet to catalyze estimates while investments and competitive dynamics create margin risk. Hyperscale oppty in progress with focus on Warm layer PSTG discussed hyperscale opportunities but did not have any updates on the previously announced 1-2 EBs expected to ship in C2H25.
Piper Sandler
$78→$92
Buy
1.85%
Upside
Reiterated
09/25/25
Citi
$81
Buy
-10.33%
Downside
Reiterated
09/18/25
Pure Storage Positioned for Growth: Buy Rating Highlighted by Strategic Initiatives and Industry TrendsWe will attend Pure//Accelerate NYC on Sept 29 th , featuring an investor/ financial analyst track where the company is expected to specifically focus on Pure product/technology roadmap and hyperscaler opportunity. While we are not expecting an announcement of additional hyperscale wins at this event nor target financial model updates, we anticipate gleaning incremental color on enterprise demand outlook for storage solutions as AI inferencing gathers momentum, the framing of its hyperscaler opportunity and impact of recent NAND price volatility. We remain constructive on Pure’s mid- to long-term opportunity ahead on the ongoing industry shift to flash and secular growth, subscription offerings, and TAM expansion opportunity.
TD Cowen
$85
Buy
-5.90%
Downside
Reiterated
09/16/25
Barclays
$70
Hold
-22.51%
Downside
Reiterated
08/29/25
TR | OpenAI - 4o
$69→$90
Buy
-0.37%
Downside
Reiterated
08/29/25
AI Generated ArticleAI Generated Article
Best Analysts Covering Pure Storage
1 Month
xxx
Success Rate
22/37 ratings generated profit
Average Return
+1.85%
reiterated a xxx
rating 12 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 59.46% of your transactions generating a profit, with an average return of +1.85% per trade.
3 Months
xxx
Success Rate
18/26 ratings generated profit
Average Return
+13.75%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 69.23% of your transactions generating a profit, with an average return of +13.75% per trade.
1 Year
Success Rate
26/34 ratings generated profit
Average Return
+28.94%
reiterated a buy rating 12 days ago
Copying Simon Leopold's trades and holding each position for 1 Year would result in 76.47% of your transactions generating a profit, with an average return of +28.94% per trade.
2 Years
xxx
Success Rate
26/26 ratings generated profit
Average Return
+64.69%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +64.69% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
PSTG Analyst Recommendation Trends
Rating
May 25
Jun 25
Jul 25
Aug 25
Sep 25
Strong Buy
5
2
1
1
1
Buy
23
29
28
26
31
Hold
7
6
5
6
8
Sell
0
0
0
1
2
Strong Sell
0
0
0
0
0
total
35
37
34
34
42
Each month's total comprises the sum of three months' worth of ratings.
PSTG Financial Forecast
PSTG Stock Forecast FAQ
What is PSTG’s average 12-month price target, according to analysts?
Based on analyst ratings, Pure Storage’s 12-month average price target is 85.44.
What is PSTG’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for PSTG, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is PSTG a Buy, Sell or Hold?
Pure Storage has a consensus rating of Moderate Buy which is based on 12 buy ratings, 4 hold ratings and 1 sell ratings.
What is Pure Storage’s price target?
The average price target for Pure Storage is 85.44. This is based on 17 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $105.00 ,the lowest forecast is $55.00. The average price target represents -5.41% Decrease from the current price of $90.33.
The highest analyst price target is $105.00 ,the lowest forecast is $55.00. The average price target represents -5.41% Decrease from the current price of $90.33.
What do analysts say about Pure Storage?
Pure Storage’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 17 Wall Streets Analysts.
How can I buy shares of PSTG?
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