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NYSE:PSTG

Pure Storage Stock Forecast, Price & News

$31.60
0.00 (0.00%)
(As of 12/3/2021 04:00 PM ET)
Add
Compare
Today's Range
$31.03
$32.55
50-Day Range
$24.87
$32.08
52-Week Range
$16.79
$32.56
Volume
3.13 million shs
Average Volume
4.41 million shs
Market Capitalization
$9.01 billion
P/E Ratio
N/A
Dividend Yield
N/A
Beta
1.39
30 days | 90 days | 365 days | Advanced Chart
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Pure Storage logo

About 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.

Headlines

Gap, Nordstrom fall; Deere, Pure Storage rise
November 24, 2021 |  marketbeat.com
Pure Storage Appoints John Murphy to Board of Directors
December 1, 2021 |  finance.yahoo.com
Pure Storage (NYSE:PSTG) PT Raised to $36.00
December 1, 2021 |  americanbankingnews.com
Pure Storage (NYSE:PSTG) Hits New 12-Month High at $32.24
November 30, 2021 |  americanbankingnews.com
Pure Storage (NYSE:PSTG) Trading 5.1% Higher
November 29, 2021 |  americanbankingnews.com
Analysts See Huge Upside In Pure Storage Post Q3 Beat
November 24, 2021 |  markets.businessinsider.com
Why Pure Storage Stock Reached a New High Today
November 24, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry
Computer storage devices
Sub-Industry
N/A
Employees
3,800
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.68 billion
Book Value
$2.84 per share

Profitability

Net Income
$-282.08 million
Pretax Margin
-13.25%

Debt

Price-To-Earnings

Miscellaneous

Free Float
265,689,000
Market Cap
$9.01 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/23/2021
Today
12/03/2021
Fiscal Year End
1/31/2022
Next Earnings (Estimated)
2/23/2022

MarketRank

Overall MarketRank

2.10 out of 5 stars

Computer And Technology Sector

398th out of 890 stocks

Computer Storage Devices Industry

5th out of 6 stocks

Analyst Opinion: 2.5Community Rank: 4.9Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 0.6 5 -4 -3 -2 -1 -












Pure Storage (NYSE:PSTG) Frequently Asked Questions

Is Pure Storage a buy right now?

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pure Storage in the last year. There are currently 3 hold ratings, 16 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Pure Storage stock.
View analyst ratings for Pure Storage
or view top-rated stocks.

How has Pure Storage's stock price been impacted by COVID-19?

Pure Storage's stock was trading at $13.72 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PSTG shares have increased by 130.3% and is now trading at $31.60.
View which stocks have been most impacted by COVID-19
.

When is Pure Storage's next earnings date?

Pure Storage is scheduled to release its next quarterly earnings announcement on Wednesday, February 23rd 2022.
View our earnings forecast for Pure Storage
.

How were Pure Storage's earnings last quarter?

Pure Storage, Inc. (NYSE:PSTG) announced its earnings results on Tuesday, November, 23rd. The technology company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.12 by $0.10. The technology company had revenue of $562.74 million for the quarter, compared to analyst estimates of $530.66 million. Pure Storage had a negative trailing twelve-month return on equity of 22.19% and a negative net margin of 14.04%. The business's revenue for the quarter was up 37.1% compared to the same quarter last year. During the same period last year, the company earned ($0.22) EPS.
View Pure Storage's earnings history
.

What guidance has Pure Storage issued on next quarter's earnings?

Pure Storage issued an update on its FY 2022 earnings guidance on Tuesday, November, 30th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.10 billion-$2.10 billion, compared to the consensus revenue estimate of $2.04 billion.

What price target have analysts set for PSTG?

20 analysts have issued twelve-month price objectives for Pure Storage's shares. Their forecasts range from $23.00 to $40.00. On average, they expect Pure Storage's stock price to reach $32.60 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price.
View analysts' price targets for Pure Storage
or view top-rated stocks among Wall Street analysts.

Who are Pure Storage's key executives?

Pure Storage's management team includes the following people:
  • Charles H. Giancarlo, Chairman & Chief Executive Officer
  • Michael Fitzgerald, Vice President-Operations
  • Kevan Krysler, Chief Financial Officer
  • John Colgrove, Director & Chief Technology Officer
  • Cathleen Southwick, Chief Information Officer

What is Charles Giancarlo's approval rating as Pure Storage's CEO?

117 employees have rated Pure Storage CEO Charles Giancarlo on Glassdoor.com. Charles Giancarlo has an approval rating of 84% among Pure Storage's employees.

Who are some of Pure Storage's key competitors?

What other stocks do shareholders of Pure Storage own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Pure Storage investors own include NVIDIA (NVDA), QUALCOMM (QCOM), Nutanix (NTNX), Micron Technology (MU), Advanced Micro Devices (AMD), Square (SQ), Cisco Systems (CSCO), Boeing (BA), Intel (INTC) and Marvell Technology (MRVL).

What is Pure Storage's stock symbol?

Pure Storage trades on the New York Stock Exchange (NYSE) under the ticker symbol "PSTG."

Who are Pure Storage's major shareholders?

Pure Storage's stock is owned by a number of institutional and retail investors. Top institutional investors include William Blair Investment Management LLC (5.42%), Two Sigma Advisers LP (1.61%), Wellington Management Group LLP (1.41%), Geode Capital Management LLC (1.13%), Scout Investments Inc. (0.43%) and SG Americas Securities LLC (0.42%). Company insiders that own Pure Storage stock include Anita M Sands, Gregory Tomb and Scott Dietzen.
View institutional ownership trends for Pure Storage
.

Which major investors are selling Pure Storage stock?

PSTG stock was sold by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Trust Holdings Inc., Nikko Asset Management Americas Inc., CSS LLC IL, Citigroup Inc., Squarepoint Ops LLC, William Blair Investment Management LLC, Capital Fund Management S.A., and Cubist Systematic Strategies LLC. Company insiders that have sold Pure Storage company stock in the last year include Anita M Sands, Gregory Tomb, and Scott Dietzen.
View insider buying and selling activity for Pure Storage
or view top insider-selling stocks.

Which major investors are buying Pure Storage stock?

PSTG stock was bought by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Two Sigma Advisers LP, SG Americas Securities LLC, Schonfeld Strategic Advisors LLC, Scout Investments Inc., Connor Clark & Lunn Investment Management Ltd., Fuller & Thaler Asset Management Inc., and Citadel Advisors LLC.
View insider buying and selling activity for Pure Storage
or or view top insider-buying stocks.

How do I buy shares of Pure Storage?

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

What is Pure Storage's stock price today?

One share of PSTG stock can currently be purchased for approximately $31.60.

How much money does Pure Storage make?

Pure Storage has a market capitalization of $9.01 billion and generates $1.68 billion in revenue each year. The technology company earns $-282.08 million in net income (profit) each year or ($0.93) on an earnings per share basis.

How many employees does Pure Storage have?

Pure Storage employs 3,800 workers across the globe.

What is Pure Storage's official website?

The official website for Pure Storage is www.purestorage.com.

Where are Pure Storage's headquarters?

Pure Storage is headquartered at 650 CASTRO STREET SUITE 400, MOUNTAIN VIEW CA, 94041.

How can I contact Pure Storage?

Pure Storage's mailing address is 650 CASTRO STREET SUITE 400, MOUNTAIN VIEW CA, 94041. The technology company can be reached via phone at (800) 379-7873, via email at [email protected], or via fax at 650-625-9667.


This page was last updated on 12/3/2021 by MarketBeat.com Staff

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