company background image
PSTG logo

Pure Storage NYSE:PSTG Stock Report

Last Price

US$59.10

Market Cap

US$19.4b

7D

-9.4%

1Y

59.4%

Updated

19 Jul, 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.

PSTG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance4/6
Financial Health6/6
Dividends0/6

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$59.10
52 Week HighUS$70.41
52 Week LowUS$31.00
Beta1.11
11 Month Change-13.53%
3 Month Change19.49%
1 Year Change59.43%
33 Year Change200.30%
5 Year Change271.70%
Change since IPO269.14%

Recent News & Updates

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

Recent updates

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

Pure Storage: Product Innovation Driving Growth With Profitability And Market Share Gains

Jun 08

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

Jun 01
Pure Storage (NYSE:PSTG) Seems To Use Debt Rather Sparingly

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

Apr 29
Returns Are Gaining Momentum At Pure Storage (NYSE:PSTG)

Is Pure Storage, Inc. (NYSE:PSTG) Trading At A 33% Discount?

Apr 11
Is Pure Storage, Inc. (NYSE:PSTG) Trading At A 33% Discount?

When Should You Buy Pure Storage, Inc. (NYSE:PSTG)?

Mar 05
When Should You Buy Pure Storage, Inc. (NYSE:PSTG)?

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

Feb 15
These 4 Measures Indicate That Pure Storage (NYSE:PSTG) Is Using Debt Safely

Pure Storage: Growing Cashflow, Aggressive Buybacks A Perfect Mix For FY 2023

Jan 18

The Return Trends At Pure Storage (NYSE:PSTG) Look Promising

Jan 10
The Return Trends At Pure Storage (NYSE:PSTG) Look Promising

Are Investors Undervaluing Pure Storage, Inc. (NYSE:PSTG) By 21%?

Dec 20
Are Investors Undervaluing Pure Storage, Inc. (NYSE:PSTG) By 21%?

Shareholder Returns

PSTGUS TechUS Market
7D-9.4%-2.9%-0.7%
1Y59.4%18.2%20.2%

Return vs Industry: PSTG exceeded the US Tech industry which returned 18.2% over the past year.

Return vs Market: PSTG exceeded the US Market which returned 20.2% over the past year.

Price Volatility

Is PSTG's price volatile compared to industry and market?
PSTG volatility
PSTG Average Weekly Movement5.1%
Tech Industry Average Movement5.7%
Market Average Movement5.9%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market2.9%

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

Volatility Over Time: PSTG's weekly volatility (5%) 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$19.43b
Earnings (TTM)US$93.70m
Revenue (TTM)US$2.93b

205.1x

P/E Ratio

6.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PSTG income statement (TTM)
RevenueUS$2.93b
Cost of RevenueUS$831.24m
Gross ProfitUS$2.10b
Other ExpensesUS$2.01b
EarningsUS$93.70m

Last Reported Earnings

May 05, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.29
Gross Margin71.68%
Net Profit Margin3.19%
Debt/Equity Ratio7.3%

How did PSTG perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.