PSTG vs. STX, SMCI, HPE, HPQ, LOGI, PAR, DBD, VYX, ATEN, and EVLV
Should you be buying Pure Storage stock or one of its competitors? The main competitors of Pure Storage include Seagate Technology (STX), Super Micro Computer (SMCI), Hewlett Packard Enterprise (HPE), HP (HPQ), Logitech International (LOGI), PAR Technology (PAR), Diebold Nixdorf (DBD), NCR Voyix (VYX), A10 Networks (ATEN), and Evolv Technologies (EVLV). These companies are all part of the "computer hardware" industry.
Pure Storage vs. Its Competitors
Pure Storage (NYSE:PSTG) and Seagate Technology (NASDAQ:STX) are both large-cap computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, media sentiment, valuation, risk, earnings, analyst recommendations and profitability.
Seagate Technology has higher revenue and earnings than Pure Storage. Seagate Technology is trading at a lower price-to-earnings ratio than Pure Storage, indicating that it is currently the more affordable of the two stocks.
In the previous week, Seagate Technology had 9 more articles in the media than Pure Storage. MarketBeat recorded 23 mentions for Seagate Technology and 14 mentions for Pure Storage. Seagate Technology's average media sentiment score of 0.93 beat Pure Storage's score of 0.93 indicating that Seagate Technology is being referred to more favorably in the news media.
Pure Storage currently has a consensus target price of $69.95, suggesting a potential upside of 26.07%. Seagate Technology has a consensus target price of $119.42, suggesting a potential downside of 17.68%. Given Pure Storage's stronger consensus rating and higher possible upside, equities research analysts clearly believe Pure Storage is more favorable than Seagate Technology.
83.4% of Pure Storage shares are held by institutional investors. Comparatively, 92.9% of Seagate Technology shares are held by institutional investors. 5.6% of Pure Storage shares are held by company insiders. Comparatively, 0.8% of Seagate Technology shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Seagate Technology has a net margin of 17.49% compared to Pure Storage's net margin of 3.93%. Pure Storage's return on equity of 13.98% beat Seagate Technology's return on equity.
Pure Storage has a beta of 1.05, indicating that its stock price is 5% more volatile than the S&P 500. Comparatively, Seagate Technology has a beta of 1.4, indicating that its stock price is 40% more volatile than the S&P 500.
Summary
Seagate Technology beats Pure Storage on 9 of the 16 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding PSTG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Pure Storage Competitors List
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This page (NYSE:PSTG) was last updated on 7/1/2025 by MarketBeat.com Staff
