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Pure Storage (PSTG)
NYSE:PSTG
PSTG Stock Chart & Stats
Day’s Range― - ―
52-Week Range$38.78 - $73.67
Previous CloseN/A
Volume783.61K
Average Volume (3M)2.33M
Market Cap
$22.48B
Enterprise Value$16.00B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)179.0
Beta1.81
Next Earnings
Feb 26, 2025EPS Estimate
0.42Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.38
Shares Outstanding326,236,970
10 Day Avg. Volume1,874,550
30 Day Avg. Volume2,333,933
Standard Deviation0.13
R-Squared0.19
Alpha0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)7.30
Price to Cash Flow (P/CF)57.90
P/FCF Ratio159.60
Enterprise Value/Market Cap0.71
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit7.91
Enterprise Value/Ebitda56.61
Forecast
1Y Price Target
$73.17Price Target Upside7.78% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering18
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Bulls Say, Bears Say
Bulls Say
Energy EfficiencyPure's energy-efficient all-flash storage architecture is more valuable compared to both disk and competitive flash offerings, driven by factors such as power savings, reliability, scalability, and unmatched performance.
Market PositionPure Storage is expected to be a long-term share gainer in the all-flash array market due to its technological advantage.
Revenue GrowthThe recent announcement of PSTG’s hyperscale design win presents a meaningful opportunity for Pure Storage to see long-term revenue and margin growth.
Bears Say
Cost RisksThere is a risk to the total cost of ownership benefits if NAND pricing rises dramatically based on a lack of supply.
Margin PressureNecessary investments to integrate PSTG’s technology with hyperscalers' hardware specifications can be a near-term headwind to margins.
Product MarginsProduct gross margins continue to decline due to traction with lower-margin products like FB//E, FA//E, and FA//C.
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Ownership Overview
5.38% Insiders
27.59% Mutual Funds
17.63% Other Institutional Investors
28.17% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PSTG FAQ
What was Pure Storage’s price range in the past 12 months?
Pure Storage lowest stock price was $38.78 and its highest was $73.67 in the past 12 months.
What is Pure Storage’s market cap?
Pure Storage’s market cap is $22.48B.
When is Pure Storage’s upcoming earnings report date?
Pure Storage’s upcoming earnings report date is Feb 26, 2025 which is in 5 days.
How were Pure Storage’s earnings last quarter?
Pure Storage released its earnings results on Dec 03, 2024. The company reported $0.5 earnings per share for the quarter, beating the consensus estimate of $0.414 by $0.086.
Is Pure Storage overvalued?
According to Wall Street analysts Pure Storage’s price is currently Undervalued.
Does Pure Storage pay dividends?
Pure Storage does not currently pay dividends.
What is Pure Storage’s EPS estimate?
Pure Storage’s EPS estimate is 0.42.
How many shares outstanding does Pure Storage have?
Pure Storage has 326,236,970 shares outstanding.
What happened to Pure Storage’s price movement after its last earnings report?
Pure Storage reported an EPS of $0.5 in its last earnings report, beating expectations of $0.414. Following the earnings report the stock price went up 22.058%.
Which hedge fund is a major shareholder of Pure Storage?
Currently, no hedge funds are holding shares in PSTG
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Pure Storage Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$73.17 (7.78% Upside)
$73.17 (7.78% Upside)
Blogger Sentiment
Bullish
PSTG Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 858.0 Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $516.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 1.3%
Last 30 Days ▲ 1.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
58.06%
12-Months-Change
Fundamentals
Return on Equity
10.14%
Trailing 12-Months
Asset Growth
14.87%
Trailing 12-Months
Company Description
Pure Storage
Pure Storage, Inc. engages in the provision of flash-based storage solutions. Its technology replaces storage systems designed for mechanical disk with all-flash systems optimized end-to-end for solid-state memory. The company was founded by John Hayes and John Colgrove in October 2009 and is headquartered in Mountain View, CA.
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PSTG Company Deck
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PSTG Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call presented a positive outlook with significant achievements such as a hyperscaler design win and strong revenue growth. However, challenges like muted IT spending and margin pressures were also acknowledged.Read More>---
PSTG Revenue Breakdown
71.61% U.S.
28.39% ROW
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PSTG Stock 12 Month Forecast
Average Price Target
$73.17
▲(7.78% Upside)
Technical Analysis
International Business Machines
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NetApp
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Seagate Tech
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Western Digital
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Hewlett Packard Enterprise
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Best Analysts Covering PSTG
1 Year
1 Year Success Rate
21/23 ratings generated profit
1 Year Average Return
+34.42%
assigned a buy rating last month
Copying Amit Daryanani's trades and holding each position for 1 Year would result in 91.30% of your transactions generating a profit, with an average return of +34.42% per trade.
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