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Pure Storage (PSTG)
NYSE:PSTG
Holding PSTG?
Track your performance easily
See the Price Targets and Ratings of:
PSTG Analyst Ratings
Moderate Buy
12 Buy
6 Hold
1 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
PSTG Stock 12 Month Forecast
Average Price Target
$71.21
▲(6.92% Upside)
| Highest Price Target$93.00 | Average Price Target$71.21 | Lowest Price Target$47.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Wells Fargo
Reiterated
12/06/24
Bank of America Securities
Reiterated
12/05/24
Northland Securities
Reiterated
12/04/24
Stifel Nicolaus
Reiterated
12/04/24
TD Cowen
Assigned
12/04/24
Barclays
Reiterated
12/04/24
Evercore ISI
Reiterated
12/04/24
Wedbush
Reiterated
12/04/24
Needham
Assigned
12/04/24
Raymond James
$70→$78
Buy
17.12%
Upside
Reiterated
12/04/24
Pure Storage (PSTG) PT Raised to $78 at Raymond JamesRaymond James analyst Simon Leopold raised the price target on Pure Storage (NYSE: PSTG) to $78.00 (from $70.00) while maintaining a Outperform rating.
J.P. Morgan
$60→$75
Buy
12.61%
Upside
Reiterated
12/04/24
We are establishing a December 2025 price target of $75 (vs. $60 prior) and move to a EV/EBITDA basis given Pure’s growing CapEx needs.
Piper Sandler
$76
Buy
14.11%
Upside
Upgraded
12/04/24
Piper Sandler upgrades Pure Storage (PSTG) to OverweightPiper Sandler analyst James Fish upgraded Pure Storage (NYSE: PSTG) from Neutral to Overweight with a price target of $76.00 (from $56.00).
Lake Street
$70
Buy
5.11%
Upside
Assigned
12/04/24
Lake Street Releases a Buy Rating on Pure Storage (PSTG)
Morgan Stanley
$62
Hold
-6.91%
Downside
Reiterated
12/04/24
Hold Rating Justified for Pure Storage Amid Strategic Success and Financial Uncertainty
Best Analysts Covering Pure Storage
Which Analyst Should I Follow If I Want to Buy PSTG and Sell After:
1 Month
xxx
Success Rate
18/28 ratings generated profit
Average Return
+2.71%
reiterated a xxx
rating 7 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 64.29% of your transactions generating a profit, with an average return of +2.71% per trade.
3 Months
xxx
Success Rate
20/28 ratings generated profit
Average Return
+14.03%
reiterated a xxx
rating 7 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 71.43% of your transactions generating a profit, with an average return of +14.03% per trade.
1 Year
Success Rate
23/28 ratings generated profit
Average Return
+31.34%
reiterated a buy rating 7 months ago
Copying Mehdi Hosseini's trades and holding each position for 1 Year would result in 82.14% of your transactions generating a profit, with an average return of +31.34% per trade.
2 Years
xxx
Success Rate
28/28 ratings generated profit
Average Return
+63.64%
reiterated a xxx
rating 7 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +63.64% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
PSTG Analyst Recommendation Trends
Rating
Aug 24
Sep 24
Oct 24
Nov 24
Dec 24
Strong Buy
0
0
1
2
2
Buy
23
12
14
7
21
Hold
13
9
10
3
10
Sell
2
2
1
0
1
Strong Sell
0
0
0
0
0
total
38
23
26
12
34
Each month's total comprises the sum of three months' worth of ratings.
PSTG Financial Forecast
PSTG Stock Forecast FAQ
What is PSTG’s average 12-month price target, according to analysts?
Based on analyst ratings, Pure Storage’s 12-month average price target is $71.21.
What is PSTG’s upside potential, based on the analysts’ average price target?
Pure Storage has 6.92% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is PSTG a Buy, Sell or Hold?
Pure Storage has a consensus rating of Moderate Buy which is based on 12 buy ratings, 6 hold ratings and 1 sell ratings.
What is Pure Storage’s price target?
The average price target for Pure Storage is $71.21. This is based on 19 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $93.00 ,the lowest forecast is $47.00. The average price target represents 6.92% Increase from the current price of $66.6.
The highest analyst price target is $93.00 ,the lowest forecast is $47.00. The average price target represents 6.92% Increase from the current price of $66.6.
What do analysts say about Pure Storage?
Pure Storage’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 19 Wall Streets Analysts.
How can I buy shares of PSTG?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.