Pure Storage - PSTG Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $51.63
  • Forecasted Upside: -13.80%
  • Number of Analysts: 16
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 12 Buy Ratings
  • 0 Strong Buy Ratings
$59.90
▼ -0.22 (-0.37%)

This chart shows the closing price for PSTG by one month, three months, or twelve months.

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Analyst Price Target for PSTG

Analyst Price Target is $51.63
▼ -13.80% 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 -13.80% upside from the last price of $59.90.

This chart shows the closing price for PSTG for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 16 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

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 12 buy ratings
  • 4 hold ratings
  • 0 sell ratings
11/28/2022
  • 0 strong buy ratings
  • 12 buy ratings
  • 4 hold ratings
  • 0 sell ratings
2/26/2023
  • 0 strong buy ratings
  • 12 buy ratings
  • 4 hold ratings
  • 0 sell ratings
5/27/2023
  • 0 strong buy ratings
  • 12 buy ratings
  • 4 hold ratings
  • 0 sell ratings
8/25/2023
  • 0 strong buy ratings
  • 12 buy ratings
  • 4 hold ratings
  • 0 sell ratings
11/23/2023
  • 0 strong buy ratings
  • 12 buy ratings
  • 4 hold ratings
  • 0 sell ratings
2/21/2024
  • 0 strong buy ratings
  • 12 buy ratings
  • 4 hold ratings
  • 0 sell ratings
4/21/2024
  • 0 strong buy ratings
  • 12 buy ratings
  • 4 hold ratings
  • 0 sell ratings
5/21/2024

Latest Recommendations

  • 0 strong buy ratings
  • 12 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/21/2024BarclaysDowngradeOverweight ➝ Equal Weight$51.00 ➝ $51.00Low
4/19/2024Raymond JamesDowngradeStrong-Buy ➝ Outperform$52.00 ➝ $63.00Low
4/11/2024SusquehannaBoost TargetPositive ➝ Positive$45.00 ➝ $65.00Low
4/11/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$66.00Low
3/15/2024CitigroupInitiated CoverageBuy$65.00Low
3/6/2024Needham & Company LLCInitiated CoverageBuy$66.00Low
2/29/2024KeyCorpBoost TargetOverweight ➝ Overweight$51.00 ➝ $55.00Low
2/29/2024Stifel NicolausBoost TargetHold ➝ Hold$41.00 ➝ $46.00Low
2/29/2024WedbushReiterated RatingOutperform$50.00Low
2/29/2024Morgan StanleyBoost TargetOverweight ➝ Overweight$43.00 ➝ $48.00Low
2/29/2024JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$45.00 ➝ $50.00Low
2/29/2024Bank of AmericaBoost TargetNeutral ➝ Neutral$42.00 ➝ $50.00Low
2/29/2024BarclaysBoost TargetOverweight ➝ Overweight$42.00 ➝ $51.00Low
2/29/2024UBS GroupBoost TargetNeutral ➝ Neutral$38.00 ➝ $44.00Low
2/29/2024TD CowenBoost TargetOutperform$42.00 ➝ $60.00Low
2/23/2024Evercore ISIBoost TargetOutperform ➝ Outperform$41.00 ➝ $48.00Low
2/14/2024Stifel NicolausDowngradeBuy ➝ Hold$41.00Low
2/9/2024KeyCorpBoost TargetOverweight ➝ Overweight$47.00 ➝ $51.00Low
1/24/2024KeyCorpBoost TargetOverweight ➝ Overweight$43.00 ➝ $47.00Low
1/18/2024KeyCorpBoost TargetOverweight ➝ Overweight$40.00 ➝ $43.00Low
12/7/2023GuggenheimInitiated CoverageBuy$48.00Low
11/30/2023JPMorgan Chase & Co.Lower TargetOverweight ➝ Overweight$45.00 ➝ $40.00Low
11/30/2023Stifel NicolausLower TargetBuy ➝ Buy$41.00 ➝ $38.00Low
11/30/2023Raymond JamesLower TargetStrong-Buy ➝ Strong-Buy$45.00 ➝ $42.00Low
11/30/2023Morgan StanleyLower TargetOverweight ➝ Overweight$42.00 ➝ $40.00Low
11/30/2023WedbushLower TargetOutperform ➝ Outperform$45.00 ➝ $40.00Low
11/30/2023TD CowenLower TargetOutperform$50.00 ➝ $42.00Low
8/31/2023Stifel NicolausReiterated RatingBuy ➝ Buy$41.00Low
8/31/2023Raymond JamesBoost TargetStrong-Buy ➝ Strong-Buy$41.00 ➝ $45.00Low
8/31/2023Credit Suisse GroupReiterated RatingOutperform ➝ Outperform$45.00Low
8/31/2023Evercore ISIBoost TargetOutperform ➝ Outperform$42.00 ➝ $44.00Low
8/31/2023WedbushBoost TargetOutperform ➝ Outperform$39.00 ➝ $45.00Low
8/31/2023TD CowenBoost TargetOutperform ➝ Outperform$44.00 ➝ $50.00Low
8/31/2023UBS GroupBoost TargetNeutral ➝ Neutral$31.00 ➝ $38.00Low
8/30/2023BarclaysBoost TargetOverweight ➝ Overweight$38.00 ➝ $42.00Low
8/28/2023Bank of AmericaBoost TargetNeutral ➝ Neutral$33.00 ➝ $38.00Low
8/11/2023KeyCorpBoost TargetOverweight ➝ Overweight$40.00 ➝ $44.00Low
6/16/2023Deutsche Bank AktiengesellschaftBoost Target$36.00 ➝ $42.00Low
6/16/2023Lake Street CapitalBoost Target$34.00 ➝ $40.00Low
6/16/2023Morgan StanleyBoost Target$34.00 ➝ $42.00Low
6/16/2023Wells Fargo & CompanyBoost Target$37.00 ➝ $45.00Low
6/2/2023Credit Suisse GroupBoost Target$40.00 ➝ $42.00Low
6/1/2023888Reiterated RatingMaintainsLow
6/1/2023Lake Street CapitalBoost Target$32.00 ➝ $34.00Low
6/1/2023Deutsche Bank AktiengesellschaftBoost Target$32.00 ➝ $36.00Low
6/1/2023Stifel NicolausBoost Target$32.00 ➝ $35.00Low
6/1/2023WedbushBoost Target$34.00 ➝ $39.00Low
6/1/2023Raymond JamesBoost Target$40.00 ➝ $41.00Low
6/1/2023KeyCorpBoost Target$35.00 ➝ $40.00Low
6/1/2023BarclaysBoost Target$37.00 ➝ $38.00Low
4/6/2023WedbushUpgradeNeutral ➝ Outperform$34.00Low
3/2/2023JPMorgan Chase & Co.Lower TargetOverweight$40.00 ➝ $35.00Low
3/2/2023Lake Street CapitalLower Target$38.00 ➝ $32.00Low
3/2/2023UBS GroupLower TargetNeutral$33.00 ➝ $31.00Low
3/2/2023Deutsche Bank AktiengesellschaftLower TargetBuy$38.00 ➝ $32.00Low
3/2/2023TD CowenLower TargetOutperform$37.00 ➝ $31.00Low
3/2/2023Wells Fargo & CompanyLower TargetOverweight$40.00 ➝ $37.00Low
3/2/2023Raymond JamesBoost TargetStrong-Buy$40.00 ➝ $43.00Low
3/2/2023Credit Suisse GroupReiterated RatingOutperform$40.00Low
3/2/2023KeyCorpLower TargetOverweight$39.00 ➝ $35.00Low
3/2/2023Morgan StanleyLower TargetOverweight$37.00 ➝ $34.00Low
3/2/2023BarclaysLower TargetOverweight$42.00 ➝ $37.00Low
2/22/2023Credit Suisse GroupReiterated RatingOutperform$40.00Low
12/2/2022WedbushBoost Target$36.00Low
12/1/2022Susquehanna BancsharesBoost Target$40.00 ➝ $44.00Low
12/1/2022SusquehannaBoost Target$40.00 ➝ $44.00Low
12/1/2022Credit Suisse GroupLower TargetOutperform$44.00 ➝ $40.00Low
11/25/2022JPMorgan Chase & Co.Lower TargetOverweight$43.00 ➝ $40.00Low
10/31/2022Morgan StanleyUpgradeEqual Weight ➝ Overweight$35.00 ➝ $37.00Low
9/6/2022UBS GroupBoost Target$33.00Low
9/6/2022The Goldman Sachs GroupBoost Target$44.00Low
9/1/2022Northland SecuritiesBoost Target$44.00 ➝ $47.00Low
9/1/2022Credit Suisse GroupBoost TargetOutperform$36.00 ➝ $44.00Low
9/1/2022Lake Street CapitalBoost TargetBuy$36.00 ➝ $38.00Low
9/1/2022Morgan StanleyBoost TargetEqual Weight$33.00 ➝ $35.00Low
9/1/2022WedbushBoost TargetNeutral$30.00 ➝ $35.00Low
9/1/2022Raymond JamesBoost TargetStrong-Buy$39.00 ➝ $42.00Low
9/1/2022BarclaysBoost TargetOverweight$39.00 ➝ $42.00Low
9/1/2022KeyCorpBoost TargetOverweight$34.00 ➝ $39.00Low
8/29/2022Evercore ISIBoost TargetOutperform$33.00 ➝ $38.00Low
8/16/2022Credit Suisse GroupInitiated CoverageOutperform$36.00Low
8/2/2022UBS GroupLower TargetNeutral$36.00 ➝ $32.00Low
6/28/2022Evercore ISILower TargetOutperform$40.00 ➝ $33.00Low
6/2/2022Northland SecuritiesBoost TargetOutperform$42.00 ➝ $44.00High
6/2/2022KeyCorpLower Target$43.00 ➝ $34.00High
5/27/2022CowenLower Target$30.00Medium
5/20/2022Bank of AmericaDowngradeBuy ➝ Neutral$34.00 ➝ $27.00High
4/5/2022UBS GroupInitiated CoverageNeutral$36.00N/A
3/28/2022KeyCorpBoost TargetOverweight$36.00 ➝ $43.00Low
3/3/2022William BlairReiterated RatingOutperformHigh
3/3/2022Susquehanna BancsharesReiterated RatingBuy$40.00Medium
3/3/2022JPMorgan Chase & Co.Boost TargetOverweight$36.00 ➝ $40.00High
3/3/2022Northland SecuritiesBoost TargetOutperform$40.00 ➝ $42.00High
3/3/2022The Goldman Sachs GroupBoost TargetBuy$34.00 ➝ $48.00High
3/3/2022Morgan StanleyBoost TargetEqual Weight$33.00 ➝ $35.00High
3/3/2022SusquehannaReiterated RatingBuy$40.00High
3/3/2022WedbushBoost TargetNeutral$33.00 ➝ $34.00High
3/3/2022Lake Street CapitalBoost TargetBuy$34.00 ➝ $36.00High
3/3/2022Raymond JamesBoost TargetStrong-Buy$38.00 ➝ $39.00High
3/3/2022Wells Fargo & CompanyBoost TargetOverweight$37.00 ➝ $40.00High
3/3/2022Deutsche Bank AktiengesellschaftBoost TargetBuy$38.00 ➝ $40.00High
3/3/2022BarclaysBoost TargetOverweight$35.00 ➝ $39.00High
1/19/2022KeyCorpBoost TargetOverweight$34.00 ➝ $36.00High
1/10/2022Raymond JamesBoost TargetStrong-Buy$35.00 ➝ $38.00Low
12/30/2021SusquehannaReiterated RatingBuy$40.00N/A
12/1/2021Susquehanna BancsharesBoost TargetPositive$33.00 ➝ $36.00High
12/1/2021SusquehannaBoost TargetPositive$33.00 ➝ $36.00Medium
11/24/2021Telsey Advisory GroupBoost TargetOutperform$30.00 ➝ $36.00High
11/24/2021Northland SecuritiesBoost TargetOutperform$36.00 ➝ $40.00High
11/24/2021WedbushBoost TargetNeutral$25.00 ➝ $33.00High
11/24/2021Lake Street CapitalBoost TargetBuy$31.00 ➝ $34.00High
11/24/2021Morgan StanleyBoost TargetEqual Weight$27.00 ➝ $33.00High
11/24/2021KeyCorpBoost TargetOverweight$30.00 ➝ $34.00High
11/24/2021Deutsche Bank AktiengesellschaftBoost TargetBuy$32.00 ➝ $38.00High
9/29/2021Stifel EuropeBoost TargetBuy$28.00 ➝ $30.00Low
9/29/2021Deutsche Bank AktiengesellschaftBoost TargetBuy$29.00 ➝ $32.00Low
9/29/2021SusquehannaReiterated RatingBuy$33.00Low
9/29/2021UBS GroupBoost TargetBuy$28.00 ➝ $32.00High
9/29/2021KeyCorpBoost TargetOverweight$28.00 ➝ $30.00High
9/29/2021Raymond JamesBoost TargetStrong-Buy$31.00 ➝ $35.00High
9/8/2021Northland SecuritiesUpgradeMarket Perform ➝ OutperformHigh
8/26/2021Susquehanna BancsharesReiterated RatingBuy$33.00Medium
8/26/2021SusquehannaReiterated RatingBuy$33.00Medium
8/26/2021Morgan StanleyBoost TargetEqual Weight$22.00 ➝ $27.00Medium
8/26/2021Credit Suisse GroupBoost TargetNeutral$21.00 ➝ $23.00Medium
8/26/2021Deutsche Bank AktiengesellschaftBoost TargetBuy$27.00 ➝ $29.00Medium
8/26/2021UBS GroupBoost TargetBuy$26.00 ➝ $28.00Medium
8/23/2021CowenReiterated RatingBuyC$30.00Low
5/27/2021Raymond JamesBoost TargetStrong-Buy$30.00 ➝ $31.00Medium
5/25/2021Evercore ISIReiterated RatingBuy$30.00Medium
5/21/2021Stifel NicolausUpgradeHold ➝ Buy$25.00Low
5/13/2021Evercore ISIUpgradeIn-Line ➝ Outperform$30.00High
4/29/2021KeyCorpReiterated RatingOverweightMedium
4/23/2021KeyCorpInitiated CoverageOverweightMedium
4/13/2021Morgan StanleyLower TargetEqual Weight$28.00 ➝ $25.00Low
3/15/2021Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$27.00N/A
3/15/2021Raymond JamesUpgradeOutperform ➝ Strong-Buy$30.00High
3/8/2021Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$27.00High
2/26/2021Morgan StanleyBoost TargetEqual Weight$25.00 ➝ $28.00Medium
2/25/2021Lake Street CapitalBoost TargetBuy$22.00 ➝ $29.00High
2/25/2021Raymond JamesBoost TargetOutperform$21.00 ➝ $30.00High
2/25/2021Credit Suisse GroupBoost TargetNeutral$18.00 ➝ $21.00High
2/25/2021Northland SecuritiesDowngradeOutperform ➝ Market PerformHigh
2/25/2021KeyCorpBoost TargetOverweight$23.00 ➝ $32.00High
2/25/2021CowenBoost TargetOutperform$22.00 ➝ $30.00High
2/24/2021Summit InsightsReiterated RatingBuyLow
2/22/2021Deutsche Bank AktiengesellschaftBoost TargetHold$18.00 ➝ $24.00Medium
2/22/2021JMP SecuritiesBoost TargetOutperform$26.00 ➝ $35.00Medium
2/18/2021JPMorgan Chase & Co.Boost Target$22.00 ➝ $32.00Low
2/11/2021Wells Fargo & CompanyBoost TargetPositive ➝ Overweight$22.00 ➝ $33.00Low
1/14/2021BarclaysBoost TargetNeutral ➝ Overweight$24.00 ➝ $27.00Medium
12/16/2020Morgan StanleyBoost TargetEqual Weight$20.00 ➝ $25.00Medium
11/25/2020Bank of AmericaBoost TargetBuy$20.00 ➝ $21.00Medium
11/25/2020Lake Street CapitalBoost TargetBuy$18.00 ➝ $22.00Medium
11/25/2020Morgan StanleyBoost TargetEqual Weight$19.00 ➝ $20.00High
11/25/2020BarclaysBoost TargetIn-Line ➝ Overweight$20.00 ➝ $24.00High
11/25/2020KeyCorpBoost TargetNeutral ➝ Overweight$20.00 ➝ $23.00High
11/12/2020WedbushInitiated CoverageNeutral$18.00Medium
10/13/2020Morgan StanleyBoost TargetEqual Weight$16.00 ➝ $19.00Low
8/26/2020Bank of AmericaLower TargetBuy$22.00 ➝ $20.00Low
8/25/2020Susquehanna BancsharesReiterated RatingBuy$23.00High
6/18/2020Deutsche Bank AktiengesellschaftInitiated CoverageHold$17.00Low
5/29/2020Susquehanna BancsharesReiterated RatingBuy$25.00Medium
5/29/2020CfraUpgradeHold ➝ Buy$20.00Low
5/29/2020Raymond JamesBoost TargetOutperform$17.50 ➝ $21.00High
5/29/2020Northland SecuritiesBoost TargetOutperform$21.00 ➝ $23.00High
5/29/2020Morgan StanleyBoost TargetEqual Weight$12.00 ➝ $16.00High
5/28/2020OppenheimerReiterated RatingBuy$20.00Medium
4/6/2020Northland SecuritiesReiterated RatingBuy$21.00High
3/31/2020Wells Fargo & CompanyLower TargetOverweight$25.00 ➝ $20.00Medium
3/26/2020Northland SecuritiesInitiated CoverageOutperform$21.00High
3/25/2020Morgan StanleyLower TargetEqual Weight$17.00 ➝ $12.00Low
2/28/2020Maxim GroupBoost TargetBuy$20.00 ➝ $22.00Medium
2/28/2020CowenLower TargetOutperform$19.00 ➝ $18.00High
12/9/2019Wells Fargo & CompanyReiterated RatingBuyLow
11/22/2019KeyCorpLower TargetOverweight$22.00 ➝ $20.00Low
11/22/2019Maxim GroupReiterated RatingBuy$20.00Low
11/22/2019Susquehanna BancsharesReiterated RatingBuy$25.00Low
11/22/2019CowenReiterated RatingOutperform$23.00 ➝ $19.00High
11/20/2019Evercore ISIInitiated CoverageHold$21.00Medium
10/16/2019Raymond JamesUpgradeMarket Perform ➝ Outperform$22.00High
10/10/2019The Goldman Sachs GroupUpgradeNeutral ➝ Buy$18.00 ➝ $21.00High
9/19/2019Credit Suisse GroupReiterated RatingHold$14.00Low
9/19/2019BarclaysReiterated RatingBuy$21.00Low
9/18/2019Susquehanna BancsharesSet TargetBuy$25.00Low
9/18/2019OppenheimerSet TargetBuy$20.00Low
9/18/2019The Goldman Sachs GroupSet TargetHold$18.00Low
9/18/2019William BlairReiterated RatingBuyLow
9/18/2019Wells Fargo & CompanyBoost TargetOutperform$23.00 ➝ $25.00High
9/18/2019Cross ResearchUpgradeHold ➝ Buy$23.00High
9/18/2019Stifel NicolausBoost TargetHold$16.00 ➝ $18.00Low
9/18/2019Morgan StanleyBoost TargetEqual Weight$17.00 ➝ $21.00Low
9/12/2019Piper Sandler CompaniesBoost TargetOverweight$16.00 ➝ $21.00Medium
9/9/2019Susquehanna BancsharesUpgradeNeutral ➝ Positive$16.00 ➝ $25.00Medium
8/22/2019Bank of AmericaSet TargetBuy$22.00Low
8/22/2019BTIG ResearchLower TargetBuy$20.00High
8/22/2019Lake Street CapitalSet TargetBuy$22.00 ➝ $19.00High
8/22/2019Maxim GroupUpgradeHold ➝ Buy$18.00 ➝ $20.00High
8/22/2019Morgan StanleyLower TargetEqual Weight$21.00 ➝ $17.00High
8/22/2019KeyCorpLower TargetOverweight$25.00 ➝ $22.00High
8/22/2019CowenReiterated RatingOutperform$28.00 ➝ $23.00High
8/21/2019BarclaysSet TargetBuy$17.00N/A
8/7/2019BarclaysInitiated CoverageOverweight ➝ Overweight$18.00 ➝ $18.00Medium
8/2/2019Maxim GroupSet TargetHold$18.00Low
5/23/2019KeyCorpLower TargetOverweight$30.00 ➝ $25.00High
5/23/2019Maxim GroupReiterated RatingHold$22.00High
5/22/2019Morgan StanleyLower TargetEqual Weight$22.00 ➝ $21.00High
5/22/2019Wells Fargo & CompanyLower TargetOutperform$30.00 ➝ $26.00High
5/22/2019Stifel NicolausLower TargetHold$22.00 ➝ $20.00High
5/22/2019Credit Suisse GroupLower TargetNeutral$23.00 ➝ $18.00High
5/22/2019CowenReiterated RatingOutperform ➝ Outperform$30.00 ➝ $28.00High
5/22/2019Piper Sandler CompaniesLower TargetOverweight$25.00 ➝ $20.00High
(Data available from 5/22/2019 forward)

News Sentiment Rating

0.74 (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

Skip to Current Sentiment Summary
  • 15 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/24/2023
  • 2 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/23/2023
  • 21 very positive mentions
  • 18 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
12/23/2023
  • 13 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/22/2024
  • 17 very positive mentions
  • 19 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
2/21/2024
  • 36 very positive mentions
  • 45 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
3/22/2024
  • 31 very positive mentions
  • 27 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
4/21/2024
  • 20 very positive mentions
  • 22 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
5/21/2024

Current Sentiment

  • 20 very positive mentions
  • 22 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Pure Storage logo
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.
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Today's Range

Now: $59.90
Low: $58.06
High: $60.24

50 Day Range

MA: $53.06
Low: $49.46
High: $60.12

52 Week Range

Now: $59.90
Low: $24.20
High: $60.51

Volume

2,698,379 shs

Average Volume

2,664,589 shs

Market Capitalization

$19.46 billion

P/E Ratio

352.37

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 13.8%. 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 4 hold ratings and 12 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?

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.