Pure Storage (PSTG) Stock Price, News & Analysis

Company Overview

Pure Storage, Inc. (NYSE:PSTG) is a leading provider of enterprise-class, all-flash data storage solutions designed to accelerate performance and simplify IT operations. The company’s FlashArray and FlashBlade product lines deliver high throughput, low latency, and scalable capacity for critical workloads such as databases, analytics, virtual desktop infrastructure, and cloud-native applications. Pure Storage emphasizes nondisruptive upgrades and seamless scalability, enabling organizations to adapt to evolving data requirements without extended maintenance windows.

Beyond its core hardware offerings, Pure Storage provides a range of software and subscription-based services to optimize data management and protection. Pure1 is the company’s cloud-based platform for unified monitoring, analytics and proactive support, leveraging machine learning to forecast capacity needs and identify potential issues before they impact operations. Pure as-a-Service delivers on-premises storage in a flexible, pay-as-you-go model, bringing cloud economics to enterprise data centers while maintaining data sovereignty and compliance.

Founded in 2009 and headquartered in Mountain View, California, Pure Storage was established by industry veterans intent on transforming the storage market through flash technology. The company serves customers across North America, Europe, Asia-Pacific and other global regions, supporting diverse sectors from financial services to healthcare and telecommunications. Under the leadership of Chairman and CEO Charles Giancarlo, who assumed the role in 2017, Pure Storage has expanded its subscription-centric business approach and continued to invest in innovation, earning a reputation for simplicity, reliability and customer satisfaction.

Key Stats

• Today's Range: $82.04 to $85.99
• 50-Day Range: $54.54 to $88.38
• 52-Week Range: $34.51 to $89.10
• Volume: 4.06 million shs
• Average Volume: 3.17 million shs
• Market Capitalization: $28.14 billion
• P/E Ratio: 208.85
• Dividend Yield: N/A
• Price Target: $81.06
• Consensus Rating: Moderate Buy

Pure Storage Stock Analysis - MarketRank™

Pure Storage scored higher than 91% of companies evaluated by MarketBeat, and ranked 96th out of 671 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Pure Storage has received a consensus rating of Moderate Buy. The company's average rating score is 2.65, and is based on 14 buy ratings, 5 hold ratings, and 1 sell rating.

Downside Risk

Pure Storage has a consensus price target of $81.06, representing about 5.3% downside from its current price of $85.63.

Amount of Analyst Coverage

Pure Storage has been the subject of 16 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 61.36%

Earnings Growth

Earnings for Pure Storage are expected to grow by 61.36% in the coming year, from $0.44 to $0.71 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Pure Storage is 208.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 282.56.

Price to Earnings Ratio vs. Sector

The P/E ratio of Pure Storage is 208.85, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 452.06.

Price to Earnings Growth Ratio

Pure Storage has a PEG Ratio of 7.79. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Pure Storage has a P/B Ratio of 21.35. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.35% of the outstanding shares of Pure Storage have been sold short.

Short Interest Ratio / Days to Cover

Pure Storage has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Pure Storage has recently decreased by 22.20%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Pure Storage does not currently pay a dividend.

Dividend Growth

Pure Storage does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 2.8 / 5
• Environmental Score: -1.11

Percentage of Shares Shorted

2.35% of the outstanding shares of Pure Storage have been sold short.

Short Interest Ratio / Days to Cover

Pure Storage has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Pure Storage has recently decreased by 22.20%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.82

News Sentiment

Pure Storage has a news sentiment score of 0.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 40 news articles for Pure Storage this week, compared to 19 articles on an average week.

Search Interest

39 people have searched for PSTG on MarketBeat in the last 30 days. This is an increase of 105% compared to the previous 30 days.

MarketBeat Follows

34 people have added Pure Storage to their MarketBeat watchlist in the last 30 days. This is an increase of 143% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Pure Storage insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $44,098,121.00 in company stock.

Percentage Held by Insiders

Only 5.60% of the stock of Pure Storage is held by insiders.

Percentage Held by Institutions

83.42% of the stock of Pure Storage is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PSTG Stock Analysis - Frequently Asked Questions

How have PSTG shares performed this year?

Pure Storage's stock was trading at $61.43 on January 1st, 2025. Since then, PSTG stock has increased by 39.4% and is now trading at $85.6270.

How were Pure Storage's earnings last quarter?

Pure Storage, Inc. (NYSE:PSTG) announced its quarterly earnings data on Wednesday, August, 27th. The technology company reported $0.43 EPS for the quarter, beating analysts' consensus estimates of $0.39 by $0.04. The company's quarterly revenue was up 12.7% on a year-over-year basis.
Read the conference call transcript.

Does Pure Storage have any subsidiaries?

Pure Storage subsidiaries include these companies: Portworx, Compuverde, StorReduce, Portworx Inc., Pure Crowns Sweden Holding AB, Pure Storage Australia Pty Ltd, Pure Storage Austria GmbH, and more.

How do I buy shares of Pure Storage?

Shares of PSTG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Pure Storage own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Pure Storage investors own include CRISPR Therapeutics (CRSP), Opendoor Technologies (OPEN), NVIDIA (NVDA), Meta Platforms (META), Chevron (CVX), Bristol Myers Squibb (BMY) and Advanced Micro Devices (AMD).

Company Calendar

• Last Earnings: 8/27/2025
• Today: 10/01/2025
• Next Earnings (Estimated): 12/02/2025
• Fiscal Year End: 1/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: COMP - STORAGE DE
• Sub-Industry: Computer Hardware
• Current Symbol: NYSE:PSTG
• CIK: 1474432
• Web: www.purestorage.com
• Phone: (800) 379-7873
• Fax: 650-625-9667
• Employees: 6,000
• Year Founded: 2009

Price Target and Rating

• Average Price Target for Pure Storage: $81.06
• High Price Target: $105.00
• Low Price Target: $55.00
• Potential Upside/Downside: -5.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.65
• Research Coverage: 20 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.41
• Trailing P/E Ratio: 208.85
• Forward P/E Ratio: 194.61
• P/E Growth: 7.79
• Net Income: $106.74 million
• Net Margins: 4.15%
• Pretax Margin: 5.44%
• Return on Equity: 11.34%
• Return on Assets: 3.82%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.65
• Quick Ratio: 1.61

Sales & Book Value

• Annual Sales: $3.17 billion
• Price / Sales: 8.88
• Cash Flow: $0.90 per share
• Price / Cash Flow: 95.50
• Book Value: $4.01 per share
• Price / Book: 21.35

Miscellaneous

• Outstanding Shares: 328,640,000
• Free Float: 310,233,000
• Market Cap: $28.14 billion
• Optionable: Optionable
• Beta: 1.22