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Closing prices for crude oil, gold and other commodities
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S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
Is This The End of Capitalism? (Ad)
Is Buying an Aged Corporation a Good Idea?
MarketBeat Week in Review – 1/23- 1/27
The Next Big Crisis Is Here (Ad)
Visa, L3Harris rise; Intel, Eastman Chemical fall
How major US stock indexes fared Friday 1/27/2023
The Next Big Crisis Is Here (Ad)
Closing prices for crude oil, gold and other commodities
Stocks drift as strong week for Wall Street heads for close
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
Is This The End of Capitalism? (Ad)
Is Buying an Aged Corporation a Good Idea?
MarketBeat Week in Review – 1/23- 1/27
The Next Big Crisis Is Here (Ad)
Visa, L3Harris rise; Intel, Eastman Chemical fall
How major US stock indexes fared Friday 1/27/2023
The Next Big Crisis Is Here (Ad)
Closing prices for crude oil, gold and other commodities
Stocks drift as strong week for Wall Street heads for close
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
Is This The End of Capitalism? (Ad)
Is Buying an Aged Corporation a Good Idea?
MarketBeat Week in Review – 1/23- 1/27
The Next Big Crisis Is Here (Ad)
Visa, L3Harris rise; Intel, Eastman Chemical fall
How major US stock indexes fared Friday 1/27/2023
The Next Big Crisis Is Here (Ad)
Closing prices for crude oil, gold and other commodities
Stocks drift as strong week for Wall Street heads for close
NYSE:PSTG

Pure Storage - PSTG Price Target & Analyst Ratings

$28.30
+0.06 (+0.21%)
(As of 01/27/2023 12:00 AM ET)
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Today's Range
$27.97
$28.85
50-Day Range
$25.89
$30.75
52-Week Range
$21.90
$36.71
Volume
5.66 million shs
Average Volume
3.84 million shs
Market Capitalization
$8.56 billion
P/E Ratio
707.68
Dividend Yield
N/A
Price Target
$38.94

Pure Storage Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Moderate Buy
Based on 18 Analyst Ratings

Consensus Analyst Price Target

$38.94
37.61% Upside
High Prediction$47.00
Average Prediction$38.94
Low Prediction$27.00
TypeCurrent
1/28/22 to 1/28/23
1 Month Ago
12/29/21 to 12/29/22
3 Months Ago
10/30/21 to 10/30/22
1 Year Ago
1/28/21 to 1/28/22
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
14 Buy rating(s)
14 Buy rating(s)
14 Buy rating(s)
15 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$38.94$38.94$38.42$33.37
Predicted Upside37.61% Upside36.05% Upside35.10% Upside27.17% Upside
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PSTG Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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PSTG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Pure Storage Stock vs. The Competition

TypePure StorageComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.89
2.55
2.46
Consensus RatingModerate BuyBuyHold
Predicted Upside37.61% Upside129.31% Upside9.97% Upside
News Sentiment RatingPositive News
Positive News
Neutral News

Historical Target Prices and Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/2/2022Wedbush
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 Boost Target$36.00+21.58%
12/1/2022Susquehanna Bancshares
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 Boost Target$40.00 ➝ $44.00+50.74%
12/1/2022Credit Suisse Group
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 Lower TargetOutperform$44.00 ➝ $40.00+37.03%
11/25/2022JPMorgan Chase & Co.
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 Lower TargetOverweight$43.00 ➝ $40.00+30.68%
10/31/2022Morgan Stanley
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 UpgradeEqual Weight ➝ Overweight$35.00 ➝ $37.00+21.31%
9/6/2022UBS Group
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 Boost Target$33.00+14.70%
9/6/2022The Goldman Sachs Group
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 Boost Target$44.00+52.94%
9/1/2022Northland Securities
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 Boost Target$44.00 ➝ $47.00+71.22%
9/1/2022Lake Street Capital
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 Boost TargetBuy$36.00 ➝ $38.00+31.17%
9/1/2022Raymond James
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 Boost TargetStrong-Buy$39.00 ➝ $42.00+44.98%
9/1/2022Barclays
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 Boost TargetOverweight$39.00 ➝ $42.00+44.98%
9/1/2022KeyCorp
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 Boost TargetOverweight$34.00 ➝ $39.00+34.62%
8/29/2022Evercore ISI
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 Boost TargetOutperform$33.00 ➝ $38.00+25.08%
5/27/2022Cowen
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 Lower Target$30.00+23.51%
5/20/2022Bank of America
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 DowngradeBuy ➝ Neutral$34.00 ➝ $27.00+7.27%
3/3/2022William Blair
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J. Ader
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Reiterated RatingOutperform
3/3/2022Wells Fargo & Company
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 Boost TargetOverweight$37.00 ➝ $40.00+50.94%
3/3/2022Deutsche Bank Aktiengesellschaft
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Sidney Ho
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Boost TargetBuy$38.00 ➝ $40.00+50.94%
11/24/2021Telsey Advisory Group
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 Boost TargetOutperform$30.00 ➝ $36.00+31.96%
9/29/2021Stifel Europe
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Matthew Sheerin
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Boost TargetBuy$28.00 ➝ $30.00+18.91%
5/21/2021Stifel Nicolaus
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 UpgradeHold ➝ Buy$25.00+36.24%
2/24/2021Summit Insights
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S. Nandury
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Reiterated RatingBuy
2/22/2021JMP Securities
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 Boost TargetOutperform$26.00 ➝ $35.00+28.30%
5/29/2020Cfra
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 UpgradeHold ➝ Buy$20.00+13.31%
5/28/2020Oppenheimer
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 Reiterated RatingBuy$20.00+19.19%
2/28/2020Maxim Group
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 Boost TargetBuy$20.00 ➝ $22.00+46.08%
(Data available from 1/28/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)












PSTG Price Target - Frequently Asked Questions

What is Pure Storage's consensus rating and price target?

According to the issued ratings of 18 analysts in the last year, the consensus rating for Pure Storage stock is Moderate Buy based on the current 3 hold ratings, 14 buy ratings and 1 strong buy rating for PSTG. The average twelve-month price prediction for Pure Storage is $38.94 with a high price target of $47.00 and a low price target of $27.00. Learn more on PSTG's analyst rating history.

Do Wall Street analysts like Pure Storage more than its competitors?

Analysts like Pure Storage more than other Computer and Technology companies. The consensus rating for Pure Storage is Moderate Buy while the average consensus rating for computer and technology companies is Buy. Learn more on how PSTG compares to other companies.

Is Pure Storage being upgraded by Wall Street analysts?

Over the previous 90 days, Pure Storage's stock had 1 upgrade by analysts.

Does Pure Storage's stock price have much upside?

According to analysts, Pure Storage's stock has a predicted upside of 36.05% based on their 12-month price targets.

What analysts cover Pure Storage?

Pure Storage has been rated by Credit Suisse Group, JPMorgan Chase & Co., Morgan Stanley, Susquehanna, Susquehanna Bancshares, and Wedbush in the past 90 days.


Stock Ratings Reports and Tools

This page (NYSE:PSTG) was last updated on 1/28/2023 by MarketBeat.com Staff