52.89

3.13% -1.71

After Hours: 52.99 0.10 +0.19%

Pure Storage Inc (PSTG)

Overview News Price History Option Chain Financials Why PSTG Down? Discussions Forecast

Pure Storage Inc stock is traded at $52.89, with a volume of 2.08M. It is down -3.13% in the last 24 hours and down -2.15% over the past month. Pure Storage Inc is a U.S.-based company that provides an enterprise data storage platform that transforms business through a dramatic increase in performance and reduction in complexity and costs. It generates revenue from two sources: product revenue which includes the sale of integrated storage hardware and embedded operating system software and; subscription services revenue which includes Evergreen Storage subscriptions, a unified subscription which includes Pure as-a-Service, and Cloud Block Store, and Portworx. Subscription services revenue also includes professional services offerings such as installation and implementation consulting services.

Previous Close:

$54.60

Open:

$54.32

24h Volume:

2.08M

Relative Volume:

0.69

Market Cap:

$17.19B

Revenue:

$3.01B

Net Income/Loss:

$136.49M

P/E Ratio:

-2,340.27

EPS:

-0.0226

Net Cash Flow:

$653.47M

1W Performance:

+6.25%

1M Performance:

-2.15%

6M Performance:

-13.37%

1Y Performance:

+46.47%

1-Day Range:

$51.43

$54.49

1-Week Range:

$50.10

$54.80

52-Week Range:

$31.00

$70.41

Pure Storage Inc Stock (PSTG) Company Profile

Name

Pure Storage Inc

Sector

Technology (785)

Industry

Computer Hardware (33)

Phone

800-379-7873

Address

2555 AUGUSTINE DRIVE, SANTA CLARA, CA

Employee

5,600

Twitter

@purestorage

Next Earnings Date

2024-11-27

Latest SEC Filings

PSTG's Discussions on Twitter

Compare PSTG with other stocks

Stocks	Price	Market Cap	Revenue	Net Income	Cash Flow	EPS
PSTG Pure Storage Inc	52.89	17.19B	3.01B	136.49M	653.47M	-0.0226
ANET Arista Networks Inc	402.29	124.23B	6.61B	2.66B	3.18B	6.00
DELL Dell Technologies Inc	124.38	87.08B	91.84B	3.97B	3.36B	2.59
HPQ Hp Inc	34.66	37.67B	53.32B	2.84B	3.51B	2.318
NTAP Netapp Inc	122.43	25.81B	6.47B	1.15B	1.38B	5.53
WDC Western Digital Corp	71.50	24.58B	14.35B	380.00M	-93.00M	-7.66

Pure Storage Inc Stock (PSTG) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Nov-15-24	Initiated	Cleveland Research	Neutral
Nov-13-24	Initiated	Oppenheimer	Outperform
Oct-17-24	Reiterated	Guggenheim	Buy
Aug-29-24	Reiterated	Needham	Buy
Aug-29-24	Reiterated	TD Cowen	Buy
Aug-19-24	Initiated	Piper Sandler	Neutral
Jul-02-24	Downgrade	UBS	Neutral → Sell
Jun-12-24	Downgrade	Morgan Stanley	Overweight → Equal-Weight
May-30-24	Downgrade	Northland Capital	Outperform → Market Perform
May-30-24	Reiterated	TD Cowen	Buy
May-21-24	Downgrade	Barclays	Overweight → Equal Weight
Apr-19-24	Downgrade	Raymond James	Strong Buy → Outperform
Mar-15-24	Initiated	Citigroup	Buy
Mar-06-24	Initiated	Needham	Buy
Feb-29-24	Reiterated	TD Cowen	Outperform
Feb-14-24	Downgrade	Stifel	Buy → Hold
Dec-07-23	Initiated	Guggenheim	Buy
Nov-30-23	Reiterated	TD Cowen	Outperform
Aug-31-23	Reiterated	TD Cowen	Outperform
Apr-06-23	Upgrade	Wedbush	Neutral → Outperform
Oct-31-22	Upgrade	Morgan Stanley	Equal-Weight → Overweight
Aug-17-22	Initiated	Credit Suisse	Outperform
May-20-22	Downgrade	BofA Securities	Buy → Neutral
Apr-05-22	Initiated	UBS	Neutral
Mar-03-22	Reiterated	Barclays	Overweight
Mar-03-22	Reiterated	Deutsche Bank	Buy
Mar-03-22	Reiterated	Goldman	Buy
Mar-03-22	Reiterated	JP Morgan	Overweight
Mar-03-22	Reiterated	Lake Street	Buy
Mar-03-22	Reiterated	Morgan Stanley	Equal-Weight
Mar-03-22	Reiterated	Northland Capital	Outperform
Mar-03-22	Reiterated	Raymond James	Strong Buy
Mar-03-22	Reiterated	Wedbush	Neutral
Mar-03-22	Reiterated	Wells Fargo	Overweight
Jan-19-22	Resumed	KeyBanc Capital Markets	Overweight
Nov-24-21	Reiterated	Telsey Advisory Group	Outperform
May-21-21	Upgrade	Stifel	Hold → Buy
May-13-21	Upgrade	Evercore ISI	In-line → Outperform
Apr-23-21	Resumed	KeyBanc Capital Markets	Overweight
Mar-15-21	Upgrade	Raymond James	Outperform → Strong Buy
Mar-09-21	Upgrade	Deutsche Bank	Hold → Buy
Feb-25-21	Reiterated	Cowen	Outperform
Jun-18-20	Initiated	Deutsche Bank	Hold
Mar-26-20	Initiated	Northland Capital	Outperform
Feb-28-20	Reiterated	Cowen	Outperform
Feb-28-20	Reiterated	Maxim Group	Buy
Nov-22-19	Reiterated	Cowen	Outperform
Oct-16-19	Upgrade	Raymond James	Mkt Perform → Outperform
Oct-10-19	Upgrade	Goldman	Neutral → Buy
Sep-18-19	Upgrade	Cross Research	Hold → Buy
Sep-09-19	Upgrade	Susquehanna	Neutral → Positive
Aug-22-19	Reiterated	Cowen	Outperform
Aug-22-19	Upgrade	Maxim Group	Hold → Buy
Aug-08-19	Initiated	Barclays	Overweight
May-22-19	Reiterated	Cowen	Outperform
Apr-11-19	Initiated	Credit Suisse	Neutral
Apr-08-19	Upgrade	Cowen	Market Perform → Outperform
Feb-20-19	Downgrade	Raymond James	Outperform → Mkt Perform
Dec-11-18	Initiated	Cowen	Market Perform
Oct-17-18	Upgrade	Goldman	Sell → Neutral
Aug-22-18	Reiterated	Lake Street	Buy
Jul-27-18	Initiated	JP Morgan	Overweight

View All

Pure Storage Inc Stock (PSTG) Latest News

Nov 27, 2024

Gear Up for Pure Storage (PSTG) Q3 Earnings: Wall Street Estimates for Key Metrics - Yahoo Finance

Nov 27, 2024

Nov 26, 2024

Pure Storage (PSTG) Surpasses Market Returns: Some Facts Worth Knowing - MSN

Nov 26, 2024

Pure Storage (PSTG) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release - MSN

Nov 26, 2024

Pure Storage expands FlashArray portfolio with FlashArray//C20 for smaller and edge deployments - Tech Edition

Nov 26, 2024

Pure Storage's GenAI Pods and AI Trends Could Spark Recovery - MSN

Nov 26, 2024

PSTG (Pure Storage) Cash Flow for Lease Financing : $0 Mil (TTM As of Jul. 2024) - GuruFocus.com

Nov 26, 2024

Pure Storage, Inc. (NYSE:PSTG) Shares Acquired by Fmr LLC - MarketBeat

Nov 26, 2024

Cisco Systems Inc (CSCO-Q) QuotePress Release - The Globe and Mail

Nov 26, 2024

Pure Storage Expands FlashArray Portfolio with New FlashArray//C20, Bringing Enterprise-Class Performance to Edge and Smaller Deployments - CXOToday.com

Nov 26, 2024

Penserra Capital Management LLC Sells 21,084 Shares of Pure Storage, Inc. (NYSE:PSTG) - MarketBeat

Nov 26, 2024

Pure Storage (PSTG) Set to Announce Quarterly Earnings on Tuesday - MarketBeat

Nov 26, 2024

Nov 25, 2024

Signs a healthcare data storage platform needs a checkup - The Register

Nov 25, 2024

Pure Storage, Inc. (NYSE:PSTG) Holdings Lifted by Dynamic Technology Lab Private Ltd - MarketBeat

Nov 25, 2024

Westfield Capital Management Co. LP Purchases 225,949 Shares of Pure Storage, Inc. (NYSE:PSTG) - MarketBeat

Nov 25, 2024

Pure Storage, Inc. (NYSE:PSTG) Shares Sold by Natixis Advisors LLC - MarketBeat

Nov 25, 2024

PSTG (Pure Storage) Owner Earnings per Share (TTM) : 1.02 (As of Jul. 2024) - GuruFocus.com

Nov 25, 2024

Nov 23, 2024

Eagle Asset Management Inc. Cuts Stock Holdings in Pure Storage, Inc. (NYSE:PSTG) - MarketBeat

Nov 23, 2024

Quest Partners LLC Buys New Holdings in Pure Storage, Inc. (NYSE:PSTG) - MarketBeat

Nov 23, 2024

Nov 22, 2024

Intech Investment Management LLC Sells 14,077 Shares of Pure Storage, Inc. (NYSE:PSTG) - MarketBeat

Nov 22, 2024

Ontario Teachers Pension Plan Board Cuts Position in Pure Storage, Inc. (NYSE:PSTG) - MarketBeat

Nov 22, 2024

1 AI Stock To Buy And Hold For Long-Term Growth - Barchart

Nov 22, 2024

Nov 21, 2024

BNP PARIBAS ASSET MANAGEMENT Holding S.A. Acquires 747,034 Shares of Pure Storage, Inc. (NYSE:PSTG) - MarketBeat

Nov 21, 2024

Pure Storage Debuts New GenAI Pod to Accelerate AI Innovation - Database Trends and Applications

Nov 21, 2024