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Pure Storage (PSTG) Stock

Profile

Full Name:

Pure Storage, Inc.

Sector:

Technology

Country:

United States

IPO:

06 October 2015

Indexes:

Not included

Description:

Pure Storage, Inc. develops hardware and software products for storing flash data. Pure Storage, Inc. was founded in 2009, and its headquarters are located in Mountain View, California. The company provides solutions based on its proprietary software Purity Operating Environment, which implements enterprise-class storage services such as data reduction, encryption and protection, as well as protocol services including block, file, and object. The company's key data cloud infrastructure products include: FlashArray - a solution for running block-oriented storage; FlashBlade - a solution that integrates hardware and software for storing files and objects.

Key Details

Price

$67.08

Annual Revenue

$2.83 B(+2.80% YoY)

Annual EPS

$0.19(-17.39% YoY)

PE Ratio

176.53(-25.01% YoY)

Beta

2.23

Events Calendar

Earnings

Next earnings date:

Feb 28, 2025

Recent quarterly earnings:

Dec 03, 2024

Recent annual earnings:

Feb 28, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

17 Dec '24 Morgan Stanley
Equal-Weight
04 Dec '24 UBS
Sell
04 Dec '24 Stifel
Hold
04 Dec '24 Piper Sandler
Overweight
04 Dec '24 Northland Capital Markets
Market Perform
04 Dec '24 Needham
Buy
04 Dec '24 Lake Street
Buy
04 Dec '24 JP Morgan
Overweight
04 Dec '24 Evercore ISI Group
Outperform
04 Dec '24 Citigroup
Buy

Market Data

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Institutional Ownership

Pure Storage (PSTG) Falls More Steeply Than Broader Market: What Investors Need to Know
Pure Storage (PSTG) Falls More Steeply Than Broader Market: What Investors Need to Know
Pure Storage (PSTG) Falls More Steeply Than Broader Market: What Investors Need to Know
PSTG
zacks.com31 January 2025

At the end of the last trading day, Pure Storage (PSTG) was priced at $67.79, which represents a decrease of 0.86% compared to the day before.

Pure Storage (PSTG) Laps the Stock Market: Here's Why
Pure Storage (PSTG) Laps the Stock Market: Here's Why
Pure Storage (PSTG) Laps the Stock Market: Here's Why
PSTG
zacks.com30 January 2025

In the most recent trading session, Pure Storage (PSTG) finished at $68.38, which is an increase of 1.09% compared to the previous day.

Pure Storage (PSTG) Suffers a Larger Drop Than the General Market: Key Insights
Pure Storage (PSTG) Suffers a Larger Drop Than the General Market: Key Insights
Pure Storage (PSTG) Suffers a Larger Drop Than the General Market: Key Insights
PSTG
zacks.com24 January 2025

Pure Storage (PSTG) finished the last trading day at $72.15, which is a decrease of 0.3% compared to the day before.

Pure Storage, Inc. (PSTG) is Attracting Investor Attention: Here is What You Should Know
Pure Storage, Inc. (PSTG) is Attracting Investor Attention: Here is What You Should Know
Pure Storage, Inc. (PSTG) is Attracting Investor Attention: Here is What You Should Know
PSTG
zacks.com21 January 2025

Pure Storage (PSTG) has recently caught the attention of Zacks.com users. Therefore, it's important to look into what the future holds for this stock.

Pure Storage: Seeing Upside Into Fiscal 2026 Guidance
Pure Storage: Seeing Upside Into Fiscal 2026 Guidance
Pure Storage: Seeing Upside Into Fiscal 2026 Guidance
PSTG
seekingalpha.com18 January 2025

Pure Storage is optimistic about its prospects and has provided positive guidance for fiscal 2026. They believe there is potential for growth in the coming years.

Pure Storage Stock Gains 18% in 3 Months: Stay Invested or Cash out?
Pure Storage Stock Gains 18% in 3 Months: Stay Invested or Cash out?
Pure Storage Stock Gains 18% in 3 Months: Stay Invested or Cash out?
PSTG
zacks.com15 January 2025

PSTG is experiencing growth due to strong sales, even though the overall economy is weak and IT spending is cautious.

3 Storage Devices Stocks to Watch Amid Industry Headwinds
3 Storage Devices Stocks to Watch Amid Industry Headwinds
3 Storage Devices Stocks to Watch Amid Industry Headwinds
PSTG
Zacks14 January 2025

In a changing economic environment, the growth in cloud computing, IoT, automotive technology, and AI is expected to benefit companies in the Zacks Computer - Storage Devices sector, such as NTAP, PSTG, and NLST.

Pure Storage (PSTG) Rises As Market Takes a Dip: Key Facts
Pure Storage (PSTG) Rises As Market Takes a Dip: Key Facts
Pure Storage (PSTG) Rises As Market Takes a Dip: Key Facts
PSTG
Zacks11 January 2025

At the end of the last trading day, Pure Storage (PSTG) was priced at $64.73, which represents a 0.73% increase compared to the day before.

Pure Storage (PSTG) Rises As Market Takes a Dip: Key Facts
Pure Storage (PSTG) Rises As Market Takes a Dip: Key Facts
Pure Storage (PSTG) Rises As Market Takes a Dip: Key Facts
PSTG
zacks.com10 January 2025

At the end of the last trading day, Pure Storage (PSTG) was priced at $64.73, which represents a 0.73% increase compared to the day before.

Pure Storage: Well Positioned To Win Deals In An Expanded TAM
Pure Storage: Well Positioned To Win Deals In An Expanded TAM
Pure Storage: Well Positioned To Win Deals In An Expanded TAM
PSTG
seekingalpha.com10 January 2025

I continue to recommend buying Pure Storage because of its great growth potential and a recent success with a major hyperscaler. This important deal shows that the company has a competitive advantage and solid supply-chain connections, which will help meet the high demand from hyperscalers. The shift to flash storage and investments in AI infrastructure create big opportunities for growth, as PSTG's products are known for their excellent power efficiency and performance.

FAQ

  • What is the primary business of Pure Storage?
  • What is the ticker symbol for Pure Storage?
  • Does Pure Storage pay dividends?
  • What sector is Pure Storage in?
  • What industry is Pure Storage in?
  • What country is Pure Storage based in?
  • When did Pure Storage go public?
  • Is Pure Storage in the S&P 500?
  • Is Pure Storage in the NASDAQ 100?
  • Is Pure Storage in the Dow Jones?
  • When was Pure Storage's last earnings report?
  • When does Pure Storage report earnings?
  • Should I buy Pure Storage stock now?

What is the primary business of Pure Storage?

Pure Storage, Inc. develops hardware and software products for storing flash data. Pure Storage, Inc. was founded in 2009, and its headquarters are located in Mountain View, California. The company provides solutions based on its proprietary software Purity Operating Environment, which implements enterprise-class storage services such as data reduction, encryption and protection, as well as protocol services including block, file, and object. The company's key data cloud infrastructure products include: FlashArray - a solution for running block-oriented storage; FlashBlade - a solution that integrates hardware and software for storing files and objects.

What is the ticker symbol for Pure Storage?

The ticker symbol for Pure Storage is NYSE:PSTG

Does Pure Storage pay dividends?

No, Pure Storage does not pay dividends

What sector is Pure Storage in?

Pure Storage is in the Technology sector

What industry is Pure Storage in?

Pure Storage is in the Computer Hardware industry

What country is Pure Storage based in?

Pure Storage is headquartered in United States

When did Pure Storage go public?

Pure Storage's initial public offering (IPO) was on 06 October 2015

Is Pure Storage in the S&P 500?

No, Pure Storage is not included in the S&P 500 index

Is Pure Storage in the NASDAQ 100?

No, Pure Storage is not included in the NASDAQ 100 index

Is Pure Storage in the Dow Jones?

No, Pure Storage is not included in the Dow Jones index

When was Pure Storage's last earnings report?

Pure Storage's most recent earnings report was on 3 December 2024

When does Pure Storage report earnings?

The next expected earnings date for Pure Storage is 28 February 2025

Should I buy Pure Storage stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions