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Pure Storage NYSE:PSTG Stock Report

Last Price

US$53.04

Market Cap

US$17.4b

7D

-1.3%

1Y

61.3%

Updated

02 Dec, 2024

Data

Company Financials +

PSTG Stock Overview

Engages in the provision of data storage and management technologies, products, and services in the United States and internationally. More details

PSTG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance3/6
Financial Health6/6
Dividends0/6

Community Narratives

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Pure Storage, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Pure Storage
Historical stock prices
Current Share PriceUS$53.04
52 Week HighUS$70.41
52 Week LowUS$31.79
Beta1.1
11 Month Change4.10%
3 Month Change10.36%
1 Year Change61.26%
33 Year Change68.11%
5 Year Change225.20%
Change since IPO231.29%

Recent News & Updates

Returns Are Gaining Momentum At Pure Storage (NYSE:PSTG)

Nov 01
Returns Are Gaining Momentum At Pure Storage (NYSE:PSTG)

Recent updates

Returns Are Gaining Momentum At Pure Storage (NYSE:PSTG)

Nov 01
Returns Are Gaining Momentum At Pure Storage (NYSE:PSTG)

Pure Storage, Inc.'s (NYSE:PSTG) Share Price Matching Investor Opinion

Oct 06
Pure Storage, Inc.'s (NYSE:PSTG) Share Price Matching Investor Opinion

Pure Storage Is A Trailblazing Storage Vendor, And Its Stock Valuation Reflects That

Oct 06

Pure Storage's Stock: Evaluating The Buy Opportunity's Post-Earnings Dip

Sep 25

Pure Storage: The Dip Provides A Better Entry Point

Sep 18

Pure Storage (NYSE:PSTG) Seems To Use Debt Rather Sparingly

Aug 07
Pure Storage (NYSE:PSTG) Seems To Use Debt Rather Sparingly

Pure Storage, Inc. (NYSE:PSTG) Shares Could Be 36% Below Their Intrinsic Value Estimate

Jul 25
Pure Storage, Inc. (NYSE:PSTG) Shares Could Be 36% Below Their Intrinsic Value Estimate

Pure Storage: Market Share Gains And AI Opportunities Make This A Substantial Opportunity

Jul 12

Pure Storage: Cash Heavy, But Future Uncertain, I'm Neutral (Downgrade)

Jul 02

Is Now The Time To Put Pure Storage (NYSE:PSTG) On Your Watchlist?

Jun 12
Is Now The Time To Put Pure Storage (NYSE:PSTG) On Your Watchlist?

Pure Storage, Inc. (NYSE:PSTG) Looks Just Right With A 26% Price Jump

May 31
Pure Storage, Inc. (NYSE:PSTG) Looks Just Right With A 26% Price Jump

Pure Storage: Strike While The Iron Is Hot

May 30

Is It Too Late To Consider Buying Pure Storage, Inc. (NYSE:PSTG)?

May 12
Is It Too Late To Consider Buying Pure Storage, Inc. (NYSE:PSTG)?

These 4 Measures Indicate That Pure Storage (NYSE:PSTG) Is Using Debt Safely

Apr 30
These 4 Measures Indicate That Pure Storage (NYSE:PSTG) Is Using Debt Safely

Pure Storage: Optimistic On The Growth Runway Ahead

Apr 11

Are Investors Undervaluing Pure Storage, Inc. (NYSE:PSTG) By 24%?

Apr 03
Are Investors Undervaluing Pure Storage, Inc. (NYSE:PSTG) By 24%?

Investors Appear Satisfied With Pure Storage, Inc.'s (NYSE:PSTG) Prospects As Shares Rocket 30%

Mar 22
Investors Appear Satisfied With Pure Storage, Inc.'s (NYSE:PSTG) Prospects As Shares Rocket 30%

Pure Storage: Finally Getting Its Moment In The Sun

Mar 04

Pure Storage (NYSE:PSTG) Is Looking To Continue Growing Its Returns On Capital

Mar 03
Pure Storage (NYSE:PSTG) Is Looking To Continue Growing Its Returns On Capital

Is Now An Opportune Moment To Examine Pure Storage, Inc. (NYSE:PSTG)?

Feb 07
Is Now An Opportune Moment To Examine Pure Storage, Inc. (NYSE:PSTG)?

Does Pure Storage (NYSE:PSTG) Have A Healthy Balance Sheet?

Jan 26
Does Pure Storage (NYSE:PSTG) Have A Healthy Balance Sheet?

Pure Storage's Financial Strength: 10% Net Cash Position

Jan 26

Pure Storage, Inc.'s (NYSE:PSTG) P/S Is On The Mark

Jan 04
Pure Storage, Inc.'s (NYSE:PSTG) P/S Is On The Mark

Pure Storage: Subscription Wins Will Drive Further Gains

Dec 17

Investors Will Want Pure Storage's (NYSE:PSTG) Growth In ROCE To Persist

Dec 01
Investors Will Want Pure Storage's (NYSE:PSTG) Growth In ROCE To Persist

Pure Storage: Data-Driven Growth With Long Runway

Nov 10

We Think Pure Storage (NYSE:PSTG) Can Stay On Top Of Its Debt

Oct 23
We Think Pure Storage (NYSE:PSTG) Can Stay On Top Of Its Debt

Pure Storage: Storing Value In Data Innovation, 18x FCF

Oct 02

Pure Storage: ARR Gains Will Pave The Way For Further Stock Appreciation

Sep 07

Pure Storage: Building Momentum And Partnerships Ahead Of Q2 2024 Financial Results

Aug 29

There's Been No Shortage Of Growth Recently For Pure Storage's (NYSE:PSTG) Returns On Capital

Jul 30
There's Been No Shortage Of Growth Recently For Pure Storage's (NYSE:PSTG) Returns On Capital

Is It Time To Consider Buying Pure Storage, Inc. (NYSE:PSTG)?

Jul 09
Is It Time To Consider Buying Pure Storage, Inc. (NYSE:PSTG)?

Pure Storage: Flash Innovation Is Driving Momentum

Jun 24

Shareholder Returns

PSTGUS TechUS Market
7D-1.3%2.8%0.7%
1Y61.3%27.0%32.2%

Return vs Industry: PSTG exceeded the US Tech industry which returned 25.7% over the past year.

Return vs Market: PSTG exceeded the US Market which returned 31.9% over the past year.

Price Volatility

Is PSTG's price volatile compared to industry and market?
PSTG volatility
PSTG Average Weekly Movement5.7%
Tech Industry Average Movement7.5%
Market Average Movement6.3%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.1%

Stable Share Price: PSTG has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: PSTG's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20095,600Charlie Giancarlowww.purestorage.com

Pure Storage, Inc. engages in the provision of data storage and management technologies, products, and services in the United States and internationally. Its Purity software is shared across its products and provides enterprise-class data services, such as always-on data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. The company also provides FlashArray integrated hardware systems, including FlashArray//X, FlashArray//C, FlashArray//XL, FlashArray//E, and FlashArray File Services for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; and FlashBlade integrated hardware systems comprising FlashBlade//S and FlashBlade//E for managing and processing unstructured data workloads of various types from real-time log analytics and commercial high-performance computing (HPC) to data protection and recovery.

Pure Storage, Inc. Fundamentals Summary

How do Pure Storage's earnings and revenue compare to its market cap?
PSTG fundamental statistics
Market capUS$17.36b
Earnings (TTM)US$136.49m
Revenue (TTM)US$3.01b

127.3x

P/E Ratio

5.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PSTG income statement (TTM)
RevenueUS$3.01b
Cost of RevenueUS$852.86m
Gross ProfitUS$2.16b
Other ExpensesUS$2.02b
EarningsUS$136.49m

Last Reported Earnings

Aug 04, 2024

Next Earnings Date

Dec 03, 2024

Earnings per share (EPS)0.42
Gross Margin71.66%
Net Profit Margin4.53%
Debt/Equity Ratio6.9%

How did PSTG perform over the long term?

See historical performance and comparison