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Pure Storage (PSTG)
NYSE:PSTG
Holding PSTG?
Track your performance easily
See the Price Targets and Ratings of:
PSTG Analyst Ratings
Moderate Buy
10 Buy
6 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
$65.35
▲(20.86% Upside)
| Highest Price Target$93.00 | Average Price Target$65.35 | Lowest Price Target$45.00 |
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
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Evercore ISI
Reiterated
10/23/24
Morgan Stanley
Reiterated
10/22/24
Guggenheim
Reiterated
10/17/24
Stifel Nicolaus
Reiterated
09/02/24
Northland Securities
Reiterated
08/29/24
Wedbush
Reiterated
08/29/24
Barclays
Reiterated
08/29/24
TD Cowen
Assigned
08/29/24
Raymond James
Reiterated
08/29/24
Citi
Reiterated
08/29/24
Needham
$80→$62
Buy
14.67%
Upside
Reiterated
08/29/24
Buy Rating Affirmed: Pure Storage's Strong Performance and Strategic Prospects Amidst Short-term Challenges
Piper Sandler
$60→$56
Hold
3.57%
Upside
Assigned
08/29/24
Piper Sandler Sticks to Its Hold Rating for Pure Storage (PSTG)
UBS
$47→$45
Sell
-16.77%
Downside
Reiterated
08/29/24
Pure Storage price target lowered to $45 from $47 at UBSPure Storage price target lowered to $45 from $47 at UBS
Lake Street
$70→$68
Buy
25.76%
Upside
Assigned
08/29/24
Lake Street Sticks to Their Buy Rating for Pure Storage (PSTG)
Best Analysts Covering Pure Storage
Which Analyst Should I Follow If I Want to Buy PSTG and Sell After:
1 Month
xxx
Success Rate
18/28 ratings generated profit
Average Return
+2.71%
reiterated a xxx
rating 5 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 64.29% of your transactions generating a profit, with an average return of +2.71% per trade.
3 Months
xxx
Success Rate
20/28 ratings generated profit
Average Return
+14.03%
reiterated a xxx
rating 5 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 71.43% of your transactions generating a profit, with an average return of +14.03% per trade.
1 Year
Success Rate
21/28 ratings generated profit
Average Return
+29.30%
reiterated a buy rating 5 months ago
Copying Mehdi Hosseini's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +29.30% per trade.
2 Years
xxx
Success Rate
26/28 ratings generated profit
Average Return
+56.56%
reiterated a xxx
rating 5 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 92.86% of your transactions generating a profit, with an average return of +56.56% 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
Jun 24
Jul 24
Aug 24
Sep 24
Oct 24
Strong Buy
0
0
0
0
1
Buy
34
28
23
12
14
Hold
10
10
13
9
10
Sell
0
1
2
2
1
Strong Sell
0
0
0
0
0
total
44
39
38
23
26
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 $65.35.
What is PSTG’s upside potential, based on the analysts’ average price target?
Pure Storage has 20.86% upside potential, 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 10 buy ratings, 6 hold ratings and 1 sell ratings.
What is Pure Storage’s price target?
The average price target for Pure Storage is $65.35. This is based on 17 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $93.00 ,the lowest forecast is $45.00. The average price target represents 20.86% Increase from the current price of $54.07.
The highest analyst price target is $93.00 ,the lowest forecast is $45.00. The average price target represents 20.86% Increase from the current price of $54.07.
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?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.