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Pure Storage, Inc.

PSTGNYSE
Technology
Computer Hardware
$57.58
$2.18(3.94%)

Pure Storage, Inc. (PSTG) Stock Overview

Explore Pure Storage, Inc.’s financial performance, market position, analyst ratings, and future outlook.

Meyka AI Score

B+

Score: 76.3/100

Key Financials

Market Cap18.8B
P/E Ratio147.15
EPS (TTM)$0.38
ROE0.09%

AI Price Forecasts

1 Week$53.27
1 Month$52.48
3 Months$54.07
1 Year Target$66.20

PSTG Stock Analysis & Investment Overview

Our comprehensive AI-powered analysis of Pure Storage, Inc. (PSTG) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of B+, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.

Our forecasting models predict significant price movements, with a 12-month target of $66.20.

Key financial metrics showcase the company's fundamental strength, including a P/E ratio of 147.15 and a market capitalization of 18.8B. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.

Revenue Growth
2.80%
2.80%
Profit Growth
$0.39
16.09%
EPS Growth
$0.39
16.67%
Operating Margin
3.03%
35.88%
ROE
9.44%
16.09%
Dividend Yield
0.00%

Analyst Recommendations

Strong Buy
0
Buy
7
Hold
1
Sell
1
Strong Sell
0

Price Targets

Low$56.00
Average$70.17
High$93.00

Company Profile

Pure Storage, Inc. provides data storage technologies, products, and services in the United States and internationally. The company's Purity software is shared across its products and provides enterprise-class data services, such as data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. Its products portfolio includes FlashArray for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; FlashArray//XL; and FlashArray//C, an all-QLC flash array. The company also provides FlashBlade, a solution for unstructured data workloads of various types; FlashStack that combines compute, network, and storage to provide an infrastructure platform; FlashRecover, an all-flash modern data-protection solution; and AIRI, a full-stack AI-ready infrastructure. In addition, it offers evergreen storage subscription, Pure as-a-Service, and Cloud Block Store, as well as Portworx a cloud-native Kubernetes data management solution It also offers technical and professional, training and education, and certification services. The company sells its products and subscription services through direct sales force and channel partners. The company was formerly known as OS76, Inc. and changed its name to Pure Storage, Inc. in January 2010. Pure Storage, Inc. was incorporated in 2009 and is headquartered in Mountain View, California.

CEO

Charles H. Giancarlo

Employees

6,000

Headquarters

650 Castro Street, Santa Clara, CA

Founded

2015

Frequently Asked Questions

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