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Pure Storage NYSE:PSTG Stock Report

Last Price

US$41.08

Market Cap

US$13.4b

7D

10.5%

1Y

-23.1%

Updated

13 Apr, 2025

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
Valuation2/6
Future Growth5/6
Past Performance5/6
Financial Health6/6
Dividends0/6

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Pure Storage, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Pure Storage
Historical stock prices
Current Share PriceUS$41.08
52 Week HighUS$73.67
52 Week LowUS$34.51
Beta1.08
1 Month Change-19.32%
3 Month Change-34.37%
1 Year Change-23.11%
3 Year Change33.68%
5 Year Change219.44%
Change since IPO156.59%

Recent News & Updates

Pure Storage, Inc. (NYSE:PSTG) Shares Slammed 28% But Getting In Cheap Might Be Difficult Regardless

Mar 07
Pure Storage, Inc. (NYSE:PSTG) Shares Slammed 28% But Getting In Cheap Might Be Difficult Regardless

Seizing Opportunities: Why Pure Storage Is An Intelligent Buy For 2025 And Beyond

Mar 05

Recent updates

Pure Storage, Inc. (NYSE:PSTG) Shares Slammed 28% But Getting In Cheap Might Be Difficult Regardless

Mar 07
Pure Storage, Inc. (NYSE:PSTG) Shares Slammed 28% But Getting In Cheap Might Be Difficult Regardless

Seizing Opportunities: Why Pure Storage Is An Intelligent Buy For 2025 And Beyond

Mar 05

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

Feb 18
Investors Will Want Pure Storage's (NYSE:PSTG) Growth In ROCE To Persist

We Ran A Stock Scan For Earnings Growth And Pure Storage (NYSE:PSTG) Passed With Ease

Jan 19
We Ran A Stock Scan For Earnings Growth And Pure Storage (NYSE:PSTG) Passed With Ease

Pure Storage: Seeing Upside Into Fiscal 2026 Guidance

Jan 18

Pure Storage: Well Positioned To Win Deals In An Expanded TAM

Jan 10

Pure Storage, Inc.'s (NYSE:PSTG) P/S Is Still On The Mark Following 29% Share Price Bounce

Dec 21
Pure Storage, Inc.'s (NYSE:PSTG) P/S Is Still On The Mark Following 29% Share Price Bounce

Flash Forward: Investing In Pure Storage After Its Strategic Hyperscaler Breakthrough

Dec 15

Pure Storage Earnings: Hyperscaler Deal Isn't Enough For 36x Forward FCF

Dec 04

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
author-image

Fusion AI And Green Tech Propel Storage Giant Towards Market Leadership

Aug 29 Pure Storage's focus on AI and collaboration with NVIDIA, along with innovative storage solutions, positions it for market share growth in high-margin areas.

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

Pure Storage: Finally Getting Its Moment In The Sun

Mar 04

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

Jan 26

Pure Storage: Subscription Wins Will Drive Further Gains

Dec 17

Shareholder Returns

PSTGUS TechUS Market
7D10.5%5.4%5.4%
1Y-23.1%9.6%3.6%

Return vs Industry: PSTG underperformed the US Tech industry which returned 9.6% over the past year.

Return vs Market: PSTG underperformed the US Market which returned 3.6% over the past year.

Price Volatility

Is PSTG's price volatile compared to industry and market?
PSTG volatility
PSTG Average Weekly Movement9.9%
Tech Industry Average Movement9.9%
Market Average Movement7.7%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market4.0%

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 (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20096,000Charlie 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, FlashBlade//E, and FlashBlade//EXA 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$13.39b
Earnings (TTM)US$106.74m
Revenue (TTM)US$3.17b

125.5x

P/E Ratio

4.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PSTG income statement (TTM)
RevenueUS$3.17b
Cost of RevenueUS$955.46m
Gross ProfitUS$2.21b
Other ExpensesUS$2.11b
EarningsUS$106.74m

Last Reported Earnings

Feb 02, 2025

Next Earnings Date

May 28, 2025

Earnings per share (EPS)0.33
Gross Margin69.84%
Net Profit Margin3.37%
Debt/Equity Ratio7.7%

How did PSTG perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/13 15:44
End of Day Share Price 2025/04/11 00:00
Earnings2025/02/02
Annual Earnings2025/02/02

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

Analyst Sources

Pure Storage, Inc. is covered by 39 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jayson NolandBaird
Timothy LongBarclays
Timothy LongBMO Capital Markets Equity Research