PSTG Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

18 Analyst Rating

Wall Street analysts forecast PSTG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PSTG is 93.94 USD with a low forecast of 55.00 USD and a high forecast of 120.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

13 Buy

4 Hold

1 Sell

Moderate Buy

Current: 0.000

Low

55.00

Averages

93.94

High

120.00

Current: 0.000

Low

55.00

Averages

93.94

High

120.00

UBS

Sell

maintain

$55 -> $60

2025-12-03

Reason

UBS

Price Target

$55 -> $60

2025-12-03

maintain

Sell

Reason

UBS raised the firm's price target on Pure Storage to $60 from $55 and keeps a Sell rating on the shares.

TD Cowen

Buy

maintain

$85 -> $100

2025-12-03

Reason

TD Cowen

Price Target

$85 -> $100

2025-12-03

maintain

Buy

Reason

TD Cowen raised the firm's price target on Pure Storage to $100 from $85 and keeps a Buy rating on the shares. The firm said the problem is not that Street numbers will come down, but the company is guiding for a significant increase in OpEx which puts the OM expansion thesis on the sidelines, for now. There may be more volatility ahead but the trajectory seems to be on the right path.

Morgan Stanley

Erik Woodring

Equal Weight

downgrade

$90 -> $83

2025-12-03

Reason

Morgan Stanley

Erik Woodring

Price Target

$90 -> $83

2025-12-03

downgrade

Equal Weight

Reason

Morgan Stanley analyst Erik Woodring lowered the firm's price target on Pure Storage to $83 from $90 and keeps an Equal Weight rating on the shares. Results show clear outperformance compared to legacy storage peers and hyperscale shipment upside is a positive, but a possible mix shift to subscription and continued investment intensity limit earnings flow-through in FY27, the analyst tells investors in a post-earnings note.

Lake Street

Eric Martinuzzi

Buy

maintain

$80 -> $92

2025-12-03

Reason

Lake Street

Eric Martinuzzi

Price Target

$80 -> $92

2025-12-03

maintain

Buy

Reason

Lake Street analyst Eric Martinuzzi raised the firm's price target on Pure Storage to $92 from $80 and keeps a Buy rating on the shares following what the firm calls "another solid quarter." Shares are off in the after-hours, which the firm views as perhaps in reaction to the rising cost of goods sold commentary as Pure noted excess macro demand is driving increased commodity pricing, which is putting pressure on the company's supply chain. However, the firm believes the company will be able to "manage through the near-term turbulence," the analyst tells investors.

BofA

Neutral

maintain

$95 -> $100

2025-12-03

Reason

BofA

Price Target

$95 -> $100

2025-12-03

maintain

Neutral

Reason

BofA raised the firm's price target on Pure Storage to $100 from $95 and keeps a Neutral rating on the shares. Fiscal Q3 saw broad-based strength across Pure's portfolio, but the company reported "a smaller than usual beat" on revenue and operating income, the analyst tells investors. Product growth has yet to re-accelerate and hyperscaler deals have yet to catalyze estimates, while investments and competitive dynamics create margin risk, the analyst added.

Northland

Nehal Chokshi

Market Perform

maintain

$71 -> $77

2025-12-03

Reason

Northland

Nehal Chokshi

Price Target

$71 -> $77

2025-12-03

maintain

Market Perform

Reason

Northland analyst Nehal Chokshi raised the firm's price target on Pure Storage to $77 from $71 and keeps a Market Perform rating on the shares following the company's better than expected fiscal Q3 results and slightly raised FY26 guidance.

Valuation Metrics

The current forward P/E ratio for Pure Storage Inc (PSTG.N) is 31.54, compared to its 5-year average forward P/E of 33.61. For a more detailed relative valuation and DCF analysis to assess Pure Storage Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

5Y Average PE

33.61

Current PE

31.54

Overvalued PE

48.30

Undervalued PE

18.91

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

5Y Average EV/EBITDA

21.27

Current EV/EBITDA

23.01

Overvalued EV/EBITDA

27.42

Undervalued EV/EBITDA

15.11

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

5Y Average PS

4.10

Current PS

5.58

Overvalued PS

5.49

Undervalued PS

2.70

Financials

Annual

Quarterly

N/A

Total Revenue

N/A

Operating Profit

N/A

Net Income after Tax

N/A

EPS - Diluted

N/A

Free Cash Flow

N/A

Gross Profit Margin - %

N/A

Net Margin - %

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

Bought

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

PSTG News & Events

Events Timeline

No data

News

2.0

01-04NASDAQ.COM

Sandisk Shares Surge 559% Post Spin-Off from Western Digital

2.0

01-04Fool

Sandisk (SNDK) Stock Soars 559% in 2025 Post Spin-off from Western Digital

9.5

01-04NASDAQ.COM

Nvidia Reports 60% Adjusted Earnings Growth in Q3

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Frequently Asked Questions

What is Pure Storage Inc (PSTG) stock price today?

The current price of PSTG is 66.98 USD — it has increased 1.95 % in the last trading day.

What is Pure Storage Inc (PSTG)'s business?

Pure Storage, Inc. is a data management and storage company. The Company is focused on delivering a disruptive data storage platform, which supports a range of structured and unstructured data at scale and across any data workloads in on premises, cloud and hosted environments and includes mission-critical production, test and development, analytics, disaster recovery, backup and restore, artificial intelligence (AI) and machine learning. Its integrated hardware systems include Evergreen Architecture, FlashArray, and FlashBlade. Its cloud-native storage includes Portworx by Pure Storage, Portworx Data Services, Cloud Block Store, Evergreen//One, and Evergreen//Flex. Its Pure Software includes Purity, Pure1, and Pure Fusion. Its Pure1 is a cloud-based data storage management plane, brings the convenience of cloud storage to on premises storage. The Company sells its products and subscription services using a direct sales force and its channel partners.

What is the price predicton of PSTG Stock?

What is Pure Storage Inc (PSTG)'s revenue for the last quarter?

Pure Storage Inc revenue for the last quarter amounts to 964.45M USD, increased 16.05 % YoY.

What is Pure Storage Inc (PSTG)'s earnings per share (EPS) for the last quarter?

Pure Storage Inc. EPS for the last quarter amounts to 0.16 USD, decreased -15.79 % YoY.

What changes have occurred in the market's expectations for Pure Storage Inc (PSTG)'s fundamentals?

The market is revising Upward the revenue expectations for Pure Storage, Inc. (PSTG) for FY2026, with the revenue forecasts being adjusted by 0.51% over the past three months. During the same period, the stock price has changed by -28.46%.

How many employees does Pure Storage Inc (PSTG). have?

Pure Storage Inc (PSTG) has 6000 emplpoyees as of January 10 2026.

What is Pure Storage Inc (PSTG) market cap?

Today PSTG has the market capitalization of 22.11B USD.