Pure Storage/PSTG

$59.91

-0.34%
-
1D1W1MYTD1YMAX

About Pure Storage

Pure Storage, Inc. is a data storage and management company. The Company is focused on delivering a disruptive data storage platform, which supports a range of structured and unstructured data, at scale and across any data workload in hybrid and public cloud environments, and includes mission-critical production, test and development, analytics, disaster recovery, backup and restore, artificial intelligence (AI) and machine learning. Its integrated hardware systems include FlashArray and FlashBlade. Its cloud-native storage includes Portworx by Pure Storage and Portworx Data Services. It delivers modern cloud-oriented services, management and automation to customers across their on-premises, private and public cloud environments. Its cloud operating model is delivered through its Pure Fusion, Evergreen architecture and Pure1 cloud management plane. The Company sells its products and subscription services using a direct sales force and its channel partners.

Ticker

PSTG

Sector

Technology

Trading on

NYSE

Industry

Computer Storage Devices

CEO

Charles Giancarlo

Employees

5,600

Headquarters

Santa clara, United States

Pure Storage Metrics

BasicAdvanced
$20B
Market cap
446.49
P/E ratio
$0.13
EPS
1.06
Beta
-
Dividend rate
$20B
1.0635
$60.51
$24.21
3.7M
1.829
1.798
7.888
8.219
1.7%
5.55%
3%
446.491
6.905
15.125
22.32
40.502
2.8%
-12.77%
18.9%

What the Analysts think about Pure Storage

Analyst Ratings

Majority rating from 20 analysts.
Buy

Price Targets

Average projection from 17 analysts.
5.74% downside
High $66.00
Low $44.00
$59.91
Current price
$56.47
Average price target

Pure Storage Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
8.28% profit margin
QuarterlyAnnual
Q4 24
QoQ growth
Revenue
$790M
3.54%
Net income
$65M
-6.97%
Profit margin
8.28%
-10.1%

Pure Storage Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 14.68%
QuarterlyAnnual
Q1 24
Q2 24
Q3 24
Q4 24
Q1 25
Actual
$0.08
$0.34
$0.50
$0.50
-
Expected
$0.04
$0.28
$0.40
$0.44
$0.21
Surprise
114.6%
22.52%
25.02%
14.68%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Pure Storage stock?

Pure Storage (PSTG) has a market cap of $20B as of May 22, 2024.

What is the P/E ratio for Pure Storage stock?

The price to earnings (P/E) ratio for Pure Storage (PSTG) stock is 446.49 as of May 22, 2024.

Does Pure Storage stock pay dividends?

No, Pure Storage (PSTG) stock does not pay dividends to its shareholders as of May 22, 2024.

When is the next Pure Storage dividend payment date?

Pure Storage (PSTG) stock does not pay dividends to its shareholders.

What is the beta indicator for Pure Storage?

Pure Storage (PSTG) has a beta rating of 1.06. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Pure Storage stock price target?

The target price for Pure Storage (PSTG) stock is $56.47, which is 5.74% below the current price of $59.91. This is an average based on projections from 17 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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