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DOW   31,270.09
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S&P 500   3,819.72
DOW   31,270.09
QQQ   309.16
S&P 500   3,819.72
DOW   31,270.09
QQQ   309.16
S&P 500   3,819.72
DOW   31,270.09
QQQ   309.16
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Pure Storage Price Target, Predictions & Analyst Ratings

-1.30 (-5.61 %)
(As of 03/3/2021 12:00 AM ET)
Today's Range
Now: $21.89
50-Day Range
MA: $25.11
52-Week Range
Now: $21.89
Volume8.54 million shs
Average Volume5.09 million shs
Market Capitalization$5.97 billion
P/E RatioN/A
Dividend YieldN/A

Analyst Ratings

Pure Storage (NYSE:PSTG) Price Target and Consensus Rating

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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = 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.
17 Wall Street analysts have issued ratings and price targets for Pure Storage in the last 12 months. Their average twelve-month price target is $26.24, predicting that the stock has a possible upside of 19.85%. The high price target for PSTG is $35.00 and the low price target for PSTG is $18.00. There are currently 5 hold ratings and 12 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
PSTG Consensus Rating: BuyBuyBuyBuy
PSTG Consensus Rating Score: 2.712.802.802.75
PSTG Analyst Ratings: 0 Sell Rating(s)
5 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
3 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
3 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
5 Hold Rating(s)
15 Buy Rating(s)
0 Strong Buy Rating(s)
PSTG Consensus Price Target: $26.24$21.33$20.80$19.95
PSTG Price Target Upside: 19.85% upside20.45% upside20.15% upside18.49% upside

Pure Storage (NYSE:PSTG) Consensus Price Target History

Average Share Price and Price Target 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.

Pure Storage (NYSE:PSTG) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/3/2021KeyCorpBoost Price TargetOverweight$23.00 ➝ $32.00High
3/3/2021Raymond JamesBoost Price TargetOutperform$21.00 ➝ $30.00High
3/3/2021Credit Suisse GroupBoost Price TargetNeutral$18.00 ➝ $21.00High
2/26/2021Morgan StanleyBoost Price TargetEqual Weight$25.00 ➝ $28.00Medium
2/25/2021Lake Street CapitalBoost Price TargetBuy$22.00 ➝ $29.00High
2/25/2021Northland SecuritiesDowngradeOutperform ➝ Market PerformHigh
2/25/2021CowenBoost Price TargetOutperform$22.00 ➝ $30.00High
2/24/2021Summit InsightsReiterated RatingBuyLow
2/22/2021Deutsche Bank AktiengesellschaftBoost Price TargetHold$18.00 ➝ $24.00Medium
2/22/2021JMP SecuritiesBoost Price TargetOutperform$26.00 ➝ $35.00Medium
2/18/2021JPMorgan Chase & Co.Boost Price Target$22.00 ➝ $32.00Low
2/11/2021Wells Fargo & CompanyBoost Price TargetPositive ➝ Overweight$22.00 ➝ $33.00Low
1/14/2021BarclaysBoost Price TargetNeutral ➝ Overweight$24.00 ➝ $27.00Medium
11/25/2020Bank of AmericaBoost Price TargetBuy$20.00 ➝ $21.00Medium
11/12/2020WedbushInitiated CoverageNeutral$18.00Medium
8/25/2020Susquehanna BancsharesReiterated RatingBuy$23.00High
5/29/2020CfraUpgradeHold ➝ Buy$20.00Low
5/28/2020OppenheimerReiterated RatingBuy$20.00Medium
2/28/2020Maxim GroupBoost Price TargetBuy$20.00 ➝ $22.00Medium
11/20/2019Evercore ISIInitiated CoverageHold$21.00Medium
10/10/2019The Goldman Sachs GroupUpgradeNeutral ➝ Buy$18.00 ➝ $21.00High
9/18/2019William BlairReiterated RatingBuyLow
9/18/2019Cross ResearchUpgradeHold ➝ Buy$23.00High
9/18/2019Stifel NicolausBoost Price TargetHold$16.00 ➝ $18.00Low
9/12/2019Piper Jaffray CompaniesBoost Price TargetOverweight$16.00 ➝ $21.00Medium
8/22/2019BTIG ResearchLower Price TargetBuy$20.00High
12/11/2018Wolfe ResearchInitiated CoverageOutperform$25.00Low
9/6/2018CitigroupBoost Price TargetPositive ➝ Buy$34.00High
8/22/2018BMO Capital MarketsBoost Price TargetOutperform ➝ Outperform$29.00 ➝ $30.00High
(Data available from 3/4/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)
This page was last updated on 3/4/2021 by MarketBeat.com Staff

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