Pure Storage, Inc.

NYSE:PSTG Stock Report

Market Cap: US$14.9b

Pure Storage Future Growth

Future criteria checks 5/6

Pure Storage is forecast to grow earnings and revenue by 32.8% and 10.9% per annum respectively. EPS is expected to grow by 35.7% per annum. Return on equity is forecast to be 35.4% in 3 years.

Key information

32.8%

Earnings growth rate

35.7%

EPS growth rate

Tech earnings growth9.3%
Revenue growth rate10.9%
Future return on equity35.4%
Analyst coverage

Good

Last updated25 Apr 2025

Recent future growth updates

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

Earnings and Revenue Growth Forecasts

NYSE:PSTG - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
1/31/20284,4265631,0711,3305
1/31/20274,0073157491,06019
1/31/20263,50517459481920
2/2/20253,168107527754N/A
11/3/20243,078130575790N/A
8/4/20243,010136653851N/A
5/5/20242,93594533726N/A
2/4/20242,83161483678N/A
11/5/20232,85170455666N/A
8/6/20232,764-1456663N/A
5/7/20232,72217544720N/A
2/5/20232,75373609767N/A
11/6/20222,65214553672N/A
8/7/20222,538-14540645N/A
5/8/20222,389-71502609N/A
2/6/20222,181-143308410N/A
10/31/20211,975-210238341N/A
8/1/20211,823-256145247N/A
5/2/20211,730-27675174N/A
1/31/20211,684-28293188N/A
11/1/20201,673-234101188N/A
8/2/20201,691-190137220N/A
5/3/20201,684-191122218N/A
2/2/20201,643-20193190N/A
10/31/20191,574-22288201N/A
7/31/20191,518-22073193N/A
4/30/20191,431-21450152N/A
1/31/20191,360-178N/A164N/A
10/31/20181,277-168N/A143N/A
7/31/20181,182-169N/A114N/A
4/30/20181,098-167N/A106N/A
1/31/20181,025-160N/A73N/A
10/31/2017913-188N/A51N/A
7/31/2017832-237N/A-24N/A
4/30/2017771-238N/A-36N/A
1/31/2017739-222N/A-14N/A
10/31/2016650-246N/A-10N/A
7/31/2016585-224N/A32N/A
4/30/2016506-228N/A13N/A
1/31/2016440-214N/A-8N/A
10/31/2015356-217N/A-84N/A
7/31/2015274-201N/A-105N/A
4/30/2015224-202N/A-131N/A
1/31/2015174-183N/A-144N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PSTG's forecast earnings growth (32.8% per year) is above the savings rate (2.8%).

Earnings vs Market: PSTG's earnings (32.8% per year) are forecast to grow faster than the US market (14.1% per year).

High Growth Earnings: PSTG's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PSTG's revenue (10.9% per year) is forecast to grow faster than the US market (8.2% per year).

High Growth Revenue: PSTG's revenue (10.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PSTG's Return on Equity is forecast to be high in 3 years time (35.4%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/28 11:19
End of Day Share Price 2025/04/25 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