Pure Storage - PSTG Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Moderate Buy
Consensus Price Target: $51.63
Forecasted Upside: -12.74%
Number of Analysts: 16
Breakdown:
0 Sell Ratings
3 Hold Ratings
13 Buy Ratings
0 Strong Buy Ratings

^$59.17 As of 05/17/2024 01:00 AM ET

▲ +0.32 (0.54%)

1 month | 3 months | 12 months

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Analyst Price Target for PSTG

^$51.63

▼ -12.74% Downside Potential

This price target is based on 16 analysts offering 12 month price targets for Pure Storage in the last 3 months. The average price target is $51.63, with a high forecast of $66.00 and a low forecast of $40.00. The average price target represents a -12.74% upside from the last price of $59.17.

Current Consensus is Moderate Buy

The current consensus among 16 polled investment analysts is to moderate buy stock in Pure Storage. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
13 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

11/24/2022

0 strong buy ratings
13 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

2/22/2023

0 strong buy ratings
13 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

5/23/2023

0 strong buy ratings
13 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

8/21/2023

0 strong buy ratings
13 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

11/19/2023

0 strong buy ratings
13 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

2/17/2024

0 strong buy ratings
13 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

4/17/2024

0 strong buy ratings
13 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

5/17/2024

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
4/19/2024	Raymond James	Downgrade	Strong-Buy ➝ Outperform	$52.00 ➝ $63.00	Low
4/11/2024	Susquehanna	Boost Target	Positive ➝ Positive	$45.00 ➝ $65.00	Low
4/11/2024	Needham & Company LLC	Reiterated Rating	Buy ➝ Buy	$66.00	Low
3/15/2024	Citigroup	Initiated Coverage	Buy	$65.00	Low
3/6/2024	Needham & Company LLC	Initiated Coverage	Buy	$66.00	Low
2/29/2024	KeyCorp	Boost Target	Overweight ➝ Overweight	$51.00 ➝ $55.00	Low
2/29/2024	Stifel Nicolaus	Boost Target	Hold ➝ Hold	$41.00 ➝ $46.00	Low
2/29/2024	Wedbush	Reiterated Rating	Outperform	$50.00	Low
2/29/2024	Morgan Stanley	Boost Target	Overweight ➝ Overweight	$43.00 ➝ $48.00	Low
2/29/2024	JPMorgan Chase & Co.	Boost Target	Overweight ➝ Overweight	$45.00 ➝ $50.00	Low
2/29/2024	Bank of America	Boost Target	Neutral ➝ Neutral	$42.00 ➝ $50.00	Low
2/29/2024	Barclays	Boost Target	Overweight ➝ Overweight	$42.00 ➝ $51.00	Low
2/29/2024	UBS Group	Boost Target	Neutral ➝ Neutral	$38.00 ➝ $44.00	Low
2/29/2024	TD Cowen	Boost Target	Outperform	$42.00 ➝ $60.00	Low
2/23/2024	Evercore ISI	Boost Target	Outperform ➝ Outperform	$41.00 ➝ $48.00	Low
2/14/2024	Stifel Nicolaus	Downgrade	Buy ➝ Hold	$41.00	Low
2/9/2024	KeyCorp	Boost Target	Overweight ➝ Overweight	$47.00 ➝ $51.00	Low
1/24/2024	KeyCorp	Boost Target	Overweight ➝ Overweight	$43.00 ➝ $47.00	Low
1/18/2024	KeyCorp	Boost Target	Overweight ➝ Overweight	$40.00 ➝ $43.00	Low
12/7/2023	Guggenheim	Initiated Coverage	Buy	$48.00	Low
11/30/2023	JPMorgan Chase & Co.	Lower Target	Overweight ➝ Overweight	$45.00 ➝ $40.00	Low
11/30/2023	Stifel Nicolaus	Lower Target	Buy ➝ Buy	$41.00 ➝ $38.00	Low
11/30/2023	Raymond James	Lower Target	Strong-Buy ➝ Strong-Buy	$45.00 ➝ $42.00	Low
11/30/2023	Morgan Stanley	Lower Target	Overweight ➝ Overweight	$42.00 ➝ $40.00	Low
11/30/2023	Wedbush	Lower Target	Outperform ➝ Outperform	$45.00 ➝ $40.00	Low
11/30/2023	TD Cowen	Lower Target	Outperform	$50.00 ➝ $42.00	Low
8/31/2023	Stifel Nicolaus	Reiterated Rating	Buy ➝ Buy	$41.00	Low
8/31/2023	Raymond James	Boost Target	Strong-Buy ➝ Strong-Buy	$41.00 ➝ $45.00	Low
8/31/2023	Credit Suisse Group	Reiterated Rating	Outperform ➝ Outperform	$45.00	Low
8/31/2023	Evercore ISI	Boost Target	Outperform ➝ Outperform	$42.00 ➝ $44.00	Low
8/31/2023	Wedbush	Boost Target	Outperform ➝ Outperform	$39.00 ➝ $45.00	Low
8/31/2023	TD Cowen	Boost Target	Outperform ➝ Outperform	$44.00 ➝ $50.00	Low
8/31/2023	UBS Group	Boost Target	Neutral ➝ Neutral	$31.00 ➝ $38.00	Low
8/30/2023	Barclays	Boost Target	Overweight ➝ Overweight	$38.00 ➝ $42.00	Low
8/28/2023	Bank of America	Boost Target	Neutral ➝ Neutral	$33.00 ➝ $38.00	Low
8/11/2023	KeyCorp	Boost Target	Overweight ➝ Overweight	$40.00 ➝ $44.00	Low
6/16/2023	Deutsche Bank Aktiengesellschaft	Boost Target		$36.00 ➝ $42.00	Low
6/16/2023	Lake Street Capital	Boost Target		$34.00 ➝ $40.00	Low
6/16/2023	Morgan Stanley	Boost Target		$34.00 ➝ $42.00	Low
6/16/2023	Wells Fargo & Company	Boost Target		$37.00 ➝ $45.00	Low
6/2/2023	Credit Suisse Group	Boost Target		$40.00 ➝ $42.00	Low
6/1/2023	888	Reiterated Rating	Maintains		Low
6/1/2023	Lake Street Capital	Boost Target		$32.00 ➝ $34.00	Low
6/1/2023	Deutsche Bank Aktiengesellschaft	Boost Target		$32.00 ➝ $36.00	Low
6/1/2023	Stifel Nicolaus	Boost Target		$32.00 ➝ $35.00	Low
6/1/2023	Wedbush	Boost Target		$34.00 ➝ $39.00	Low
6/1/2023	Raymond James	Boost Target		$40.00 ➝ $41.00	Low
6/1/2023	KeyCorp	Boost Target		$35.00 ➝ $40.00	Low
6/1/2023	Barclays	Boost Target		$37.00 ➝ $38.00	Low
4/6/2023	Wedbush	Upgrade	Neutral ➝ Outperform	$34.00	Low
3/2/2023	JPMorgan Chase & Co.	Lower Target	Overweight	$40.00 ➝ $35.00	Low
3/2/2023	Lake Street Capital	Lower Target		$38.00 ➝ $32.00	Low
3/2/2023	UBS Group	Lower Target	Neutral	$33.00 ➝ $31.00	Low
3/2/2023	Deutsche Bank Aktiengesellschaft	Lower Target	Buy	$38.00 ➝ $32.00	Low
3/2/2023	TD Cowen	Lower Target	Outperform	$37.00 ➝ $31.00	Low
3/2/2023	Wells Fargo & Company	Lower Target	Overweight	$40.00 ➝ $37.00	Low
3/2/2023	Raymond James	Boost Target	Strong-Buy	$40.00 ➝ $43.00	Low
3/2/2023	Credit Suisse Group	Reiterated Rating	Outperform	$40.00	Low
3/2/2023	KeyCorp	Lower Target	Overweight	$39.00 ➝ $35.00	Low
3/2/2023	Morgan Stanley	Lower Target	Overweight	$37.00 ➝ $34.00	Low
3/2/2023	Barclays	Lower Target	Overweight	$42.00 ➝ $37.00	Low
2/22/2023	Credit Suisse Group	Reiterated Rating	Outperform	$40.00	Low
12/2/2022	Wedbush	Boost Target		$36.00	Low
12/1/2022	Susquehanna Bancshares	Boost Target		$40.00 ➝ $44.00	Low
12/1/2022	Susquehanna	Boost Target		$40.00 ➝ $44.00	Low
12/1/2022	Credit Suisse Group	Lower Target	Outperform	$44.00 ➝ $40.00	Low
11/25/2022	JPMorgan Chase & Co.	Lower Target	Overweight	$43.00 ➝ $40.00	Low
10/31/2022	Morgan Stanley	Upgrade	Equal Weight ➝ Overweight	$35.00 ➝ $37.00	Low
9/6/2022	UBS Group	Boost Target		$33.00	Low
9/6/2022	The Goldman Sachs Group	Boost Target		$44.00	Low
9/1/2022	Northland Securities	Boost Target		$44.00 ➝ $47.00	Low
9/1/2022	Credit Suisse Group	Boost Target	Outperform	$36.00 ➝ $44.00	Low
9/1/2022	Lake Street Capital	Boost Target	Buy	$36.00 ➝ $38.00	Low
9/1/2022	Morgan Stanley	Boost Target	Equal Weight	$33.00 ➝ $35.00	Low
9/1/2022	Wedbush	Boost Target	Neutral	$30.00 ➝ $35.00	Low
9/1/2022	Raymond James	Boost Target	Strong-Buy	$39.00 ➝ $42.00	Low
9/1/2022	Barclays	Boost Target	Overweight	$39.00 ➝ $42.00	Low
9/1/2022	KeyCorp	Boost Target	Overweight	$34.00 ➝ $39.00	Low
8/29/2022	Evercore ISI	Boost Target	Outperform	$33.00 ➝ $38.00	Low
8/16/2022	Credit Suisse Group	Initiated Coverage	Outperform	$36.00	Low
8/2/2022	UBS Group	Lower Target	Neutral	$36.00 ➝ $32.00	Low
6/28/2022	Evercore ISI	Lower Target	Outperform	$40.00 ➝ $33.00	Low
6/2/2022	Northland Securities	Boost Target	Outperform	$42.00 ➝ $44.00	High
6/2/2022	KeyCorp	Lower Target		$43.00 ➝ $34.00	High
5/27/2022	Cowen	Lower Target		$30.00	Medium
5/20/2022	Bank of America	Downgrade	Buy ➝ Neutral	$34.00 ➝ $27.00	High
4/5/2022	UBS Group	Initiated Coverage	Neutral	$36.00	N/A
3/28/2022	KeyCorp	Boost Target	Overweight	$36.00 ➝ $43.00	Low
3/3/2022	William Blair	Reiterated Rating	Outperform		High
3/3/2022	Susquehanna Bancshares	Reiterated Rating	Buy	$40.00	Medium
3/3/2022	JPMorgan Chase & Co.	Boost Target	Overweight	$36.00 ➝ $40.00	High
3/3/2022	Northland Securities	Boost Target	Outperform	$40.00 ➝ $42.00	High
3/3/2022	The Goldman Sachs Group	Boost Target	Buy	$34.00 ➝ $48.00	High
3/3/2022	Morgan Stanley	Boost Target	Equal Weight	$33.00 ➝ $35.00	High
3/3/2022	Susquehanna	Reiterated Rating	Buy	$40.00	High
3/3/2022	Wedbush	Boost Target	Neutral	$33.00 ➝ $34.00	High
3/3/2022	Lake Street Capital	Boost Target	Buy	$34.00 ➝ $36.00	High
3/3/2022	Raymond James	Boost Target	Strong-Buy	$38.00 ➝ $39.00	High
3/3/2022	Wells Fargo & Company	Boost Target	Overweight	$37.00 ➝ $40.00	High
3/3/2022	Deutsche Bank Aktiengesellschaft	Boost Target	Buy	$38.00 ➝ $40.00	High
3/3/2022	Barclays	Boost Target	Overweight	$35.00 ➝ $39.00	High
1/19/2022	KeyCorp	Boost Target	Overweight	$34.00 ➝ $36.00	High
1/10/2022	Raymond James	Boost Target	Strong-Buy	$35.00 ➝ $38.00	Low
12/30/2021	Susquehanna	Reiterated Rating	Buy	$40.00	N/A
12/1/2021	Susquehanna Bancshares	Boost Target	Positive	$33.00 ➝ $36.00	High
12/1/2021	Susquehanna	Boost Target	Positive	$33.00 ➝ $36.00	Medium
11/24/2021	Telsey Advisory Group	Boost Target	Outperform	$30.00 ➝ $36.00	High
11/24/2021	Northland Securities	Boost Target	Outperform	$36.00 ➝ $40.00	High
11/24/2021	Wedbush	Boost Target	Neutral	$25.00 ➝ $33.00	High
11/24/2021	Lake Street Capital	Boost Target	Buy	$31.00 ➝ $34.00	High
11/24/2021	Morgan Stanley	Boost Target	Equal Weight	$27.00 ➝ $33.00	High
11/24/2021	KeyCorp	Boost Target	Overweight	$30.00 ➝ $34.00	High
11/24/2021	Deutsche Bank Aktiengesellschaft	Boost Target	Buy	$32.00 ➝ $38.00	High
9/29/2021	Stifel Europe	Boost Target	Buy	$28.00 ➝ $30.00	Low
9/29/2021	Deutsche Bank Aktiengesellschaft	Boost Target	Buy	$29.00 ➝ $32.00	Low
9/29/2021	Susquehanna	Reiterated Rating	Buy	$33.00	Low
9/29/2021	UBS Group	Boost Target	Buy	$28.00 ➝ $32.00	High
9/29/2021	KeyCorp	Boost Target	Overweight	$28.00 ➝ $30.00	High
9/29/2021	Raymond James	Boost Target	Strong-Buy	$31.00 ➝ $35.00	High
9/8/2021	Northland Securities	Upgrade	Market Perform ➝ Outperform		High
8/26/2021	Susquehanna Bancshares	Reiterated Rating	Buy	$33.00	Medium
8/26/2021	Susquehanna	Reiterated Rating	Buy	$33.00	Medium
8/26/2021	Morgan Stanley	Boost Target	Equal Weight	$22.00 ➝ $27.00	Medium
8/26/2021	Credit Suisse Group	Boost Target	Neutral	$21.00 ➝ $23.00	Medium
8/26/2021	Deutsche Bank Aktiengesellschaft	Boost Target	Buy	$27.00 ➝ $29.00	Medium
8/26/2021	UBS Group	Boost Target	Buy	$26.00 ➝ $28.00	Medium
8/23/2021	Cowen	Reiterated Rating	Buy	C$30.00	Low
5/27/2021	Raymond James	Boost Target	Strong-Buy	$30.00 ➝ $31.00	Medium
5/25/2021	Evercore ISI	Reiterated Rating	Buy	$30.00	Medium
5/21/2021	Stifel Nicolaus	Upgrade	Hold ➝ Buy	$25.00	Low
5/13/2021	Evercore ISI	Upgrade	In-Line ➝ Outperform	$30.00	High
4/29/2021	KeyCorp	Reiterated Rating	Overweight		Medium
4/23/2021	KeyCorp	Initiated Coverage	Overweight		Medium
4/13/2021	Morgan Stanley	Lower Target	Equal Weight	$28.00 ➝ $25.00	Low
3/15/2021	Deutsche Bank Aktiengesellschaft	Upgrade	Hold ➝ Buy	$27.00	N/A
3/15/2021	Raymond James	Upgrade	Outperform ➝ Strong-Buy	$30.00	High
3/8/2021	Deutsche Bank Aktiengesellschaft	Upgrade	Hold ➝ Buy	$27.00	High
2/26/2021	Morgan Stanley	Boost Target	Equal Weight	$25.00 ➝ $28.00	Medium
2/25/2021	Lake Street Capital	Boost Target	Buy	$22.00 ➝ $29.00	High
2/25/2021	Raymond James	Boost Target	Outperform	$21.00 ➝ $30.00	High
2/25/2021	Credit Suisse Group	Boost Target	Neutral	$18.00 ➝ $21.00	High
2/25/2021	Northland Securities	Downgrade	Outperform ➝ Market Perform		High
2/25/2021	KeyCorp	Boost Target	Overweight	$23.00 ➝ $32.00	High
2/25/2021	Cowen	Boost Target	Outperform	$22.00 ➝ $30.00	High
2/24/2021	Summit Insights	Reiterated Rating	Buy		Low
2/22/2021	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$18.00 ➝ $24.00	Medium
2/22/2021	JMP Securities	Boost Target	Outperform	$26.00 ➝ $35.00	Medium
2/18/2021	JPMorgan Chase & Co.	Boost Target		$22.00 ➝ $32.00	Low
2/11/2021	Wells Fargo & Company	Boost Target	Positive ➝ Overweight	$22.00 ➝ $33.00	Low
1/14/2021	Barclays	Boost Target	Neutral ➝ Overweight	$24.00 ➝ $27.00	Medium
12/16/2020	Morgan Stanley	Boost Target	Equal Weight	$20.00 ➝ $25.00	Medium
11/25/2020	Bank of America	Boost Target	Buy	$20.00 ➝ $21.00	Medium
11/25/2020	Lake Street Capital	Boost Target	Buy	$18.00 ➝ $22.00	Medium
11/25/2020	Morgan Stanley	Boost Target	Equal Weight	$19.00 ➝ $20.00	High
11/25/2020	Barclays	Boost Target	In-Line ➝ Overweight	$20.00 ➝ $24.00	High
11/25/2020	KeyCorp	Boost Target	Neutral ➝ Overweight	$20.00 ➝ $23.00	High
11/12/2020	Wedbush	Initiated Coverage	Neutral	$18.00	Medium
10/13/2020	Morgan Stanley	Boost Target	Equal Weight	$16.00 ➝ $19.00	Low
8/26/2020	Bank of America	Lower Target	Buy	$22.00 ➝ $20.00	Low
8/25/2020	Susquehanna Bancshares	Reiterated Rating	Buy	$23.00	High
6/18/2020	Deutsche Bank Aktiengesellschaft	Initiated Coverage	Hold	$17.00	Low
5/29/2020	Susquehanna Bancshares	Reiterated Rating	Buy	$25.00	Medium
5/29/2020	Cfra	Upgrade	Hold ➝ Buy	$20.00	Low
5/29/2020	Raymond James	Boost Target	Outperform	$17.50 ➝ $21.00	High
5/29/2020	Northland Securities	Boost Target	Outperform	$21.00 ➝ $23.00	High
5/29/2020	Morgan Stanley	Boost Target	Equal Weight	$12.00 ➝ $16.00	High
5/28/2020	Oppenheimer	Reiterated Rating	Buy	$20.00	Medium
4/6/2020	Northland Securities	Reiterated Rating	Buy	$21.00	High
3/31/2020	Wells Fargo & Company	Lower Target	Overweight	$25.00 ➝ $20.00	Medium
3/26/2020	Northland Securities	Initiated Coverage	Outperform	$21.00	High
3/25/2020	Morgan Stanley	Lower Target	Equal Weight	$17.00 ➝ $12.00	Low
2/28/2020	Maxim Group	Boost Target	Buy	$20.00 ➝ $22.00	Medium
2/28/2020	Cowen	Lower Target	Outperform	$19.00 ➝ $18.00	High
12/9/2019	Wells Fargo & Company	Reiterated Rating	Buy		Low
11/22/2019	KeyCorp	Lower Target	Overweight	$22.00 ➝ $20.00	Low
11/22/2019	Maxim Group	Reiterated Rating	Buy	$20.00	Low
11/22/2019	Susquehanna Bancshares	Reiterated Rating	Buy	$25.00	Low
11/22/2019	Cowen	Reiterated Rating	Outperform	$23.00 ➝ $19.00	High
11/20/2019	Evercore ISI	Initiated Coverage	Hold	$21.00	Medium
10/16/2019	Raymond James	Upgrade	Market Perform ➝ Outperform	$22.00	High
10/10/2019	The Goldman Sachs Group	Upgrade	Neutral ➝ Buy	$18.00 ➝ $21.00	High
9/19/2019	Credit Suisse Group	Reiterated Rating	Hold	$14.00	Low
9/19/2019	Barclays	Reiterated Rating	Buy	$21.00	Low
9/18/2019	Susquehanna Bancshares	Set Target	Buy	$25.00	Low
9/18/2019	Oppenheimer	Set Target	Buy	$20.00	Low
9/18/2019	The Goldman Sachs Group	Set Target	Hold	$18.00	Low
9/18/2019	William Blair	Reiterated Rating	Buy		Low
9/18/2019	Wells Fargo & Company	Boost Target	Outperform	$23.00 ➝ $25.00	High
9/18/2019	Cross Research	Upgrade	Hold ➝ Buy	$23.00	High
9/18/2019	Stifel Nicolaus	Boost Target	Hold	$16.00 ➝ $18.00	Low
9/18/2019	Morgan Stanley	Boost Target	Equal Weight	$17.00 ➝ $21.00	Low
9/12/2019	Piper Sandler Companies	Boost Target	Overweight	$16.00 ➝ $21.00	Medium
9/9/2019	Susquehanna Bancshares	Upgrade	Neutral ➝ Positive	$16.00 ➝ $25.00	Medium
8/22/2019	Bank of America	Set Target	Buy	$22.00	Low
8/22/2019	BTIG Research	Lower Target	Buy	$20.00	High
8/22/2019	Lake Street Capital	Set Target	Buy	$22.00 ➝ $19.00	High
8/22/2019	Maxim Group	Upgrade	Hold ➝ Buy	$18.00 ➝ $20.00	High
8/22/2019	Morgan Stanley	Lower Target	Equal Weight	$21.00 ➝ $17.00	High
8/22/2019	KeyCorp	Lower Target	Overweight	$25.00 ➝ $22.00	High
8/22/2019	Cowen	Reiterated Rating	Outperform	$28.00 ➝ $23.00	High
8/21/2019	Barclays	Set Target	Buy	$17.00	N/A
8/7/2019	Barclays	Initiated Coverage	Overweight ➝ Overweight	$18.00 ➝ $18.00	Medium
8/2/2019	Maxim Group	Set Target	Hold	$18.00	Low
5/23/2019	KeyCorp	Lower Target	Overweight	$30.00 ➝ $25.00	High
5/23/2019	Maxim Group	Reiterated Rating	Hold	$22.00	High
5/22/2019	Morgan Stanley	Lower Target	Equal Weight	$22.00 ➝ $21.00	High
5/22/2019	Wells Fargo & Company	Lower Target	Outperform	$30.00 ➝ $26.00	High
5/22/2019	Stifel Nicolaus	Lower Target	Hold	$22.00 ➝ $20.00	High
5/22/2019	Credit Suisse Group	Lower Target	Neutral	$23.00 ➝ $18.00	High
5/22/2019	Cowen	Reiterated Rating	Outperform ➝ Outperform	$30.00 ➝ $28.00	High
5/22/2019	Piper Sandler Companies	Lower Target	Overweight	$25.00 ➝ $20.00	High

(Data available from 5/18/2019 forward)

News Sentiment Rating

0.82 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

15 very positive mentions
6 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

10/21/2023

2 very positive mentions
5 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

11/20/2023

20 very positive mentions
17 positive mentions
3 negative mentions
1 very negative mentions

Mentions as of

12/20/2023

13 very positive mentions
8 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

1/19/2024

15 very positive mentions
16 positive mentions
3 negative mentions
0 very negative mentions

Mentions as of

2/18/2024

36 very positive mentions
46 positive mentions
3 negative mentions
0 very negative mentions

Mentions as of

3/19/2024

27 very positive mentions
26 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

4/18/2024

23 very positive mentions
25 positive mentions
3 negative mentions
0 very negative mentions

Mentions as of

5/18/2024

Current Sentiment

Recent Stories by Sentiment

Very Negative

No very negative mentions tracked during this time.

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. In addition, it offers cloud-native storage solutions, such as Portworx by Pure Storage, a cloud-native Kubernetes data management solution; and Portworx Data Services, a Database-as-a-Service platform for Kubernetes. Further, the company provides Pure Fusion, a Software-as-a-Service (SaaS) management plane, which enables storage administrators to unify storage arrays and optimize storage pools; Evergreen Architecture comprising Pure1, an AI-driven cloud-based management platform, as well as Evergreen//One and Evergreen//Flex data storage solutions; and Cloud Block Store, a virtual block storage array, that provides customers the flexibility to operate a hybrid cloud model with seamless data mobility across on-premises and public cloud environments. It sells its products and subscription services through direct sales force and channel partners. The company was formerly known as OS76, Inc. and changed its name to Pure Storage, Inc. in January 2010. Pure Storage, Inc. was incorporated in 2009 and is headquartered in Santa Clara, California.

Today's Range

Now: $59.17

$58.82

$60.51

50 Day Range

MA: $52.79

$49.46

$59.56

52 Week Range

Now: $59.17

$24.00

$60.51

Volume

3,134,938 shs

Average Volume

2,746,503 shs

Market Capitalization

$19.22 billion

P/E Ratio

348.08

Dividend Yield

N/A

Beta

1.15

Frequently Asked Questions

What sell-side analysts currently cover shares of Pure Storage?: The following Wall Street analysts have issued stock ratings on Pure Storage in the last year: 888 Holdings plc, Bank of America Co., Barclays PLC, Citigroup Inc., Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, Evercore ISI, Guggenheim, JPMorgan Chase & Co., KeyCorp, Lake Street Capital, Morgan Stanley, Needham & Company LLC, Raymond James, Stifel Nicolaus, StockNews.com, Susquehanna, TD Cowen, TheStreet, UBS Group AG, Wedbush, and Wells Fargo & Company.
View the latest analyst ratings for PSTG.
What is the current price target for Pure Storage?: 19 Wall Street analysts have set twelve-month price targets for Pure Storage in the last year. Their average twelve-month price target is $51.63, suggesting a possible downside of 12.7%. Needham & Company LLC has the highest price target set, predicting PSTG will reach $66.00 in the next twelve months. Lake Street Capital has the lowest price target set, forecasting a price of $40.00 for Pure Storage in the next year.
View the latest price targets for PSTG.
What is the current consensus analyst rating for Pure Storage?: Pure Storage currently has 3 hold ratings and 13 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for PSTG.
What other companies compete with Pure Storage?: Other companies that are similar to Pure Storage include NetApp, Western Digital, Telefonaktiebolaget LM Ericsson (publ), GoDaddy and Zoom Video Communications. Learn More about companies similar to Pure Storage.
How do I contact Pure Storage's investor relations team?: Pure Storage's physical mailing address is 650 CASTRO STREET SUITE 400, MOUNTAIN VIEW CA, 94041. The technology company's listed phone number is (800) 379-7873 and its investor relations email address is [email protected]. The official website for Pure Storage is www.purestorage.com. Learn More about contacing Pure Storage investor relations.

Pure Storage - PSTG Stock Price Target and Predictions

Analyst Price Target for PSTG

Current Consensus is Moderate Buy

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.82 (Buy)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Pure Storage?

What is the current price target for Pure Storage?

What is the current consensus analyst rating for Pure Storage?

What other companies compete with Pure Storage?

How do I contact Pure Storage's investor relations team?