PSTG Stock Overview
Pure Storage, Inc. engages in the provision of data storage and management technologies, products, and services in the United States and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 5/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Pure Storage, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$52.95 |
| 52 Week High | US$58.46 |
| 52 Week Low | US$22.14 |
| Beta | 1.15 |
| 1 Month Change | 0.76% |
| 3 Month Change | 30.19% |
| 1 Year Change | 131.93% |
| 3 Year Change | 161.87% |
| 5 Year Change | 133.77% |
| Change since IPO | 230.73% |
Recent News & Updates
Recent updates
Pure Storage: Optimistic On The Growth Runway Ahead
Apr 11Are Investors Undervaluing Pure Storage, Inc. (NYSE:PSTG) By 24%?
Apr 03
Investors 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, Inc.'s (NYSE:PSTG) P/S Is On The Mark
Jan 04Pure Storage: Subscription Wins Will Drive Further Gains
Dec 17Investors Will Want Pure Storage's (NYSE:PSTG) Growth In ROCE To Persist
Dec 01Pure Storage: Data-Driven Growth With Long Runway
Nov 10We Think Pure Storage (NYSE:PSTG) Can Stay On Top Of Its Debt
Oct 23Pure 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 29There's Been No Shortage Of Growth Recently For Pure Storage's (NYSE:PSTG) Returns On Capital
Jul 30Is It Time To Consider Buying Pure Storage, Inc. (NYSE:PSTG)?
Jul 09Pure Storage: Flash Innovation Is Driving Momentum
Jun 24Pure Storage: Product Innovation Driving Growth With Profitability And Market Share Gains
Jun 08Pure Storage (NYSE:PSTG) Seems To Use Debt Rather Sparingly
Jun 01Returns Are Gaining Momentum At Pure Storage (NYSE:PSTG)
Apr 29Is Pure Storage, Inc. (NYSE:PSTG) Trading At A 33% Discount?
Apr 11When Should You Buy Pure Storage, Inc. (NYSE:PSTG)?
Mar 05These 4 Measures Indicate That Pure Storage (NYSE:PSTG) Is Using Debt Safely
Feb 15Pure Storage: Growing Cashflow, Aggressive Buybacks A Perfect Mix For FY 2023
Jan 18The Return Trends At Pure Storage (NYSE:PSTG) Look Promising
Jan 10Are Investors Undervaluing Pure Storage, Inc. (NYSE:PSTG) By 21%?
Dec 20The Outlook For Pure Storage
Nov 13Why Pure Storage, Inc. (NYSE:PSTG) Could Be Worth Watching
Nov 02Pure Storage (NYSE:PSTG) Is Experiencing Growth In Returns On Capital
Oct 02A Look At The Fair Value Of Pure Storage, Inc. (NYSE:PSTG)
Sep 01Shareholder Returns
| PSTG | US Tech | US Market | |
|---|---|---|---|
| 7D | 7.1% | 1.3% | 1.0% |
| 1Y | 131.9% | 3.6% | 21.9% |
Return vs Industry: PSTG exceeded the US Tech industry which returned 3.6% over the past year.
Return vs Market: PSTG exceeded the US Market which returned 21.9% over the past year.
Price Volatility
| PSTG volatility | |
|---|---|
| PSTG Average Weekly Movement | 8.9% |
| Tech Industry Average Movement | 7.8% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: PSTG's share price has been volatile over the past 3 months.
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$17.20b |
| Earnings (TTM) | US$61.31m |
| Revenue (TTM) | US$2.83b |
280.6x
P/E Ratio6.1x
P/S RatioIs PSTG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PSTG income statement (TTM) | |
|---|---|
| Revenue | US$2.83b |
| Cost of Revenue | US$809.43m |
| Gross Profit | US$2.02b |
| Other Expenses | US$1.96b |
| Earnings | US$61.31m |
Last Reported Earnings
Feb 04, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.19 |
| Gross Margin | 71.40% |
| Net Profit Margin | 2.17% |
| Debt/Equity Ratio | 7.9% |
How did PSTG perform over the long term?
See historical performance and comparison