PSTG Stock Overview
Engages in the provision of data storage and management technologies, products, and services in the United States and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 5/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
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Pure Storage, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$64.23 |
| 52 Week High | US$70.41 |
| 52 Week Low | US$35.35 |
| Beta | 1.09 |
| 1 Month Change | -1.06% |
| 3 Month Change | 25.16% |
| 1 Year Change | 78.96% |
| 3 Year Change | 115.32% |
| 5 Year Change | 242.20% |
| Change since IPO | 301.19% |
Recent News & Updates
Pure Storage, Inc.'s (NYSE:PSTG) P/S Is Still On The Mark Following 29% Share Price Bounce
Dec 21
Flash Forward: Investing In Pure Storage After Its Strategic Hyperscaler Breakthrough
Dec 15Pure Storage Earnings: Hyperscaler Deal Isn't Enough For 36x Forward FCF
Dec 04Recent updates
Pure Storage, Inc.'s (NYSE:PSTG) P/S Is Still On The Mark Following 29% Share Price Bounce
Dec 21Flash Forward: Investing In Pure Storage After Its Strategic Hyperscaler Breakthrough
Dec 15Pure Storage Earnings: Hyperscaler Deal Isn't Enough For 36x Forward FCF
Dec 04Returns Are Gaining Momentum At Pure Storage (NYSE:PSTG)
Nov 01Pure Storage, Inc.'s (NYSE:PSTG) Share Price Matching Investor Opinion
Oct 06Pure Storage Is A Trailblazing Storage Vendor, And Its Stock Valuation Reflects That
Oct 06Pure Storage's Stock: Evaluating The Buy Opportunity's Post-Earnings Dip
Sep 25Pure Storage: The Dip Provides A Better Entry Point
Sep 18Pure Storage (NYSE:PSTG) Seems To Use Debt Rather Sparingly
Aug 07Pure Storage, Inc. (NYSE:PSTG) Shares Could Be 36% Below Their Intrinsic Value Estimate
Jul 25Pure Storage: Market Share Gains And AI Opportunities Make This A Substantial Opportunity
Jul 12Pure Storage: Cash Heavy, But Future Uncertain, I'm Neutral (Downgrade)
Jul 02Is Now The Time To Put Pure Storage (NYSE:PSTG) On Your Watchlist?
Jun 12Pure Storage, Inc. (NYSE:PSTG) Looks Just Right With A 26% Price Jump
May 31Pure Storage: Strike While The Iron Is Hot
May 30Is It Too Late To Consider Buying Pure Storage, Inc. (NYSE:PSTG)?
May 12These 4 Measures Indicate That Pure Storage (NYSE:PSTG) Is Using Debt Safely
Apr 30Pure Storage: Optimistic On The Growth Runway Ahead
Apr 11Are Investors Undervaluing Pure Storage, Inc. (NYSE:PSTG) By 24%?
Apr 03Investors Appear Satisfied With Pure Storage, Inc.'s (NYSE:PSTG) Prospects As Shares Rocket 30%
Mar 22Pure Storage: Finally Getting Its Moment In The Sun
Mar 04Pure Storage (NYSE:PSTG) Is Looking To Continue Growing Its Returns On Capital
Mar 03Is Now An Opportune Moment To Examine Pure Storage, Inc. (NYSE:PSTG)?
Feb 07Does Pure Storage (NYSE:PSTG) Have A Healthy Balance Sheet?
Jan 26Pure Storage's Financial Strength: 10% Net Cash Position
Jan 26Pure Storage: Subscription Wins Will Drive Further Gains
Dec 17Pure Storage: Data-Driven Growth With Long Runway
Nov 10Pure Storage: Storing Value In Data Innovation, 18x FCF
Oct 02Pure Storage: ARR Gains Will Pave The Way For Further Stock Appreciation
Sep 07Pure Storage: Building Momentum And Partnerships Ahead Of Q2 2024 Financial Results
Aug 29Shareholder Returns
| PSTG | US Tech | US Market | |
|---|---|---|---|
| 7D | 0.9% | -4.6% | -0.2% |
| 1Y | 79.0% | 34.4% | 25.6% |
Return vs Industry: PSTG exceeded the US Tech industry which returned 34.4% over the past year.
Return vs Market: PSTG exceeded the US Market which returned 25.6% over the past year.
Price Volatility
| PSTG volatility | |
|---|---|
| PSTG Average Weekly Movement | 8.8% |
| Tech Industry Average Movement | 8.8% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 18.3% |
| 10% least volatile stocks in US Market | 3.1% |
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 (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2009 | 5,600 | Charlie Giancarlo | www.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
| PSTG fundamental statistics | |
|---|---|
| Market cap | US$20.95b |
| Earnings (TTM) | US$129.74m |
| Revenue (TTM) | US$3.08b |
161.5x
P/E Ratio6.8x
P/S RatioIs PSTG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PSTG income statement (TTM) | |
|---|---|
| Revenue | US$3.08b |
| Cost of Revenue | US$890.52m |
| Gross Profit | US$2.19b |
| Other Expenses | US$2.06b |
| Earnings | US$129.74m |
Last Reported Earnings
Nov 03, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.40 |
| Gross Margin | 71.07% |
| Net Profit Margin | 4.22% |
| Debt/Equity Ratio | 7.1% |
How did PSTG perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 02:32 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/11/03 |
| Annual Earnings | 2024/02/04 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Pure Storage, Inc. is covered by 40 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jayson Noland | Baird |
| Timothy Long | Barclays |
| Timothy Long | BMO Capital Markets Equity Research |