PSTG 📈 Pure Storage - Overview
Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US74624M1027
PSTG: Flash Drives, Data Management Software, Cloud Storage Solutions
Pure Storage, Inc. is a leading provider of data storage and management technologies, offering a range of products and services that cater to the evolving needs of enterprises worldwide. At the core of its offerings is the Purity software, a unified platform that delivers enterprise-class data services, including always-on data reduction, data protection, and encryption, as well as support for various storage protocols such as block, file, and object. This software is shared across its product portfolio, ensuring consistency and simplicity in managing complex data environments.
The company's product lineup includes FlashArray integrated hardware systems, which are designed to address traditional workloads such as databases, applications, virtual machines, and more. These systems, including FlashArray//X, FlashArray//C, FlashArray//XL, FlashArray//E, and FlashArray File Services, provide block-oriented storage solutions that are optimized for performance, reliability, and scalability. In addition, Pure Storage offers FlashBlade integrated hardware systems, comprising FlashBlade//S and FlashBlade//E, which are specifically designed to manage and process unstructured data workloads, including real-time log analytics, commercial high-performance computing (HPC), data protection, and recovery.
Pure Storage has also expanded its portfolio to include 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. These solutions enable customers to deploy and manage cloud-native applications with ease, while also providing a robust and scalable data management platform. Furthermore, the company offers Pure Fusion, a Software-as-a-Service (SaaS) management plane that allows storage administrators to unify storage arrays and optimize storage pools, as well as Evergreen Architecture, which includes Pure1, an AI-driven cloud-based management platform, and Evergreen//One and Evergreen//Flex data storage solutions.
The company's commitment to innovation and customer satisfaction is reflected in its product development and sales strategy. Pure Storage sells its products and subscription services through a direct sales force and channel partners, ensuring that customers have access to the support and expertise they need to deploy and manage their data storage solutions effectively. With its headquarters in Santa Clara, California, and a global presence, Pure Storage, Inc. is well-positioned to meet the evolving data storage and management needs of enterprises worldwide, and its common stock is listed on the NYSE under the ticker symbol PSTG, with the ISIN US74624M1027, and classified under the GICS Sub Industry: Technology Hardware, Storage & Peripherals.
Additional Sources for PSTG Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
PSTG Stock Overview
Market Cap in USD | 21,274m |
Sector | Technology |
Industry | Computer Hardware |
GiC Sub-Industry | Technology Hardware, Storage & Peripherals |
IPO / Inception | 2015-10-07 |
PSTG Stock Ratings
Growth 5y | 82.4% |
Fundamental | 49.9% |
Dividend | - |
Rel. Strength Industry | 227 |
Analysts | 4/5 |
Fair Price Momentum | 73.20 USD |
Fair Price DCF | 41.00 USD |
PSTG Dividends
No Dividends PaidPSTG Growth Ratios
Growth Correlation 3m | 55.5% |
Growth Correlation 12m | 42% |
Growth Correlation 5y | 91.6% |
CAGR 5y | 30.44% |
CAGR/Mean DD 5y | 1.86 |
Sharpe Ratio 12m | 1.26 |
Alpha | 43.62 |
Beta | 1.46 |
Volatility | 55.26% |
Current Volume | 6531.3k |
Average Volume 20d | 4057.7k |
As of December 22, 2024, the stock is trading at USD 64.40 with a total of 6,531,301 shares traded.
Over the past week, the price has changed by -0.29%, over one month by +24.93%, over three months by +25.31% and over the past year by +69.82%.
Partly, yes. Based on ValueRay Fundamental Analyses, Pure Storage (NYSE:PSTG) is currently (December 2024) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 49.85 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of PSTG as of December 2024 is 73.20. This means that PSTG is currently undervalued and has a potential upside of +13.66% (Margin of Safety).
Pure Storage has received a consensus analysts rating of 4.00. Therefor, it is recommend to buy PSTG.
- Strong Buy: 10
- Buy: 4
- Hold: 7
- Sell: 0
- Strong Sell: 1
According to ValueRays Forecast Model, PSTG Pure Storage will be worth about 82.5 in December 2025. The stock is currently trading at 64.40. This means that the stock has a potential upside of +28.14%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 71.2 | 10.6% |
Analysts Target Price | 44 | -31.7% |
ValueRay Target Price | 82.5 | 28.1% |