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Pure Storage Inc. (PSTG)
:PSTG
Holding PSTG?
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PSTG Stock Chart & Stats
Day’s Range― - ―
52-Week Range$38.78 - $70.41
Previous CloseN/A
Volume783.61K
Average Volume (3M)3.22M
Market Cap
$21.34B
Enterprise Value$16.00B
Total Cash (Recent Filing)$546.66M
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)174.8
Beta1.81
Next Earnings
Feb 26, 2025EPS Estimate
0.42Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.38
Shares Outstanding326,236,970
10 Day Avg. Volume2,395,339
30 Day Avg. Volume3,224,887
Standard Deviation0.13
R-Squared0.19
Alpha0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)6.93
Price to Cash Flow (P/CF)55.00
P/FCF Ratio151.50
Enterprise Value/Market Cap0.75
Enterprise Value/Revenue6.92
Enterprise Value/Gross Profit245.31
Enterprise Value/Ebitda81.72
Forecast
1Y Price Target
$72.26Price Target Upside8.99% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering19
Pure Storage News
Bulls Say, Bears Say
Bulls Say
Market PositionPure Storage is expected to be a long-term share gainer in the all-flash array market due to its technological advantage.
Revenue And GrowthThe recent announcement of PSTG’s hyperscale design win presents a meaningful opportunity for Pure Storage to see long-term revenue and margin growth.
Technological AdvantagePure's energy-efficient all-flash storage architecture is more valuable compared to both disk and competitive flash offerings, driven by factors such as power savings, reliability, scalability, and unmatched performance.
Bears Say
Demand EnvironmentThe near-term demand environment continues to be challenging for PSTG, with increased activity of customers opting for CapEx purchases instead of as-a-service.
Financial ImpactThe financial impact of the hyperscale cloud deal is expected to be relatively minor in the near term.
MarginsProduct gross margins continue to decline due to traction with lower-margin products like FB//E, FA//E, and FA//C.
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Ownership Overview
5.38% Insiders
27.78% Mutual Funds
0.26% Other Institutional Investors
45.55% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PSTG FAQ
What was Pure Storage Inc.’s price range in the past 12 months?
Pure Storage Inc. lowest stock price was $38.78 and its highest was $70.41 in the past 12 months.
What is Pure Storage Inc.’s market cap?
Pure Storage Inc.’s market cap is $21.34B.
When is Pure Storage Inc.’s upcoming earnings report date?
Pure Storage Inc.’s upcoming earnings report date is Feb 26, 2025 which is in 36 days.
How were Pure Storage Inc.’s earnings last quarter?
Pure Storage Inc. released its earnings results on Dec 03, 2024. The company reported $0.5 earnings per share for the quarter, beating the consensus estimate of $0.414 by $0.086.
Is Pure Storage Inc. overvalued?
According to Wall Street analysts Pure Storage Inc.’s price is currently Undervalued.
Does Pure Storage Inc. pay dividends?
Pure Storage Inc. does not currently pay dividends.
What is Pure Storage Inc.’s EPS estimate?
Pure Storage Inc.’s EPS estimate is 0.42.
How many shares outstanding does Pure Storage Inc. have?
Pure Storage Inc. has 326,236,970 shares outstanding.
What happened to Pure Storage Inc.’s price movement after its last earnings report?
Pure Storage Inc. reported an EPS of $0.5 in its last earnings report, beating expectations of $0.414. Following the earnings report the stock price went up 22.058%.
Which hedge fund is a major shareholder of Pure Storage Inc.?
Among the largest hedge funds holding Pure Storage Inc.’s share is Woodline Partners LP. It holds Pure Storage Inc.’s shares valued at 32M.
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Pure Storage Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$72.26 (8.99% Upside)
$72.26 (8.99% Upside)
Blogger Sentiment
Bullish
PSTG Sentiment 70%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 1.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $516.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days >0.1%
Last 30 Days ▲ 10.0%
Last 30 Days ▲ 10.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
79.33%
12-Months-Change
Fundamentals
Return on Equity
10.14%
Trailing 12-Months
Asset Growth
14.87%
Trailing 12-Months
Company Description
Pure Storage Inc.
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.
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PSTG Company Deck
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PSTG Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call presented a positive outlook with significant achievements such as a hyperscaler design win and strong revenue growth. However, challenges like muted IT spending and margin pressures were also acknowledged.Read More>---
PSTG Revenue Breakdown
71.61% U.S.
28.39% ROW
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PSTG Stock 12 Month Forecast
Average Price Target
$72.26
▲(8.99% Upside)
Technical Analysis
NetApp
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Seagate Tech
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Dell Technologies
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Best Analysts Covering PSTG
1 Year
1 Year Success Rate
22/28 ratings generated profit
1 Year Average Return
+31.21%
reiterated a buy rating 8 months ago
Copying Mehdi Hosseini's trades and holding each position for 1 Year would result in 78.57% of your transactions generating a profit, with an average return of +31.21% per trade.
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