Pure Storage Inc [NYSE: PSTG] gained 3.93% on the last trading session, reaching $60.86 price per share at the time.
Pure Storage Inc represents 326.94 million in outstanding shares, while the company has a total market value of $19.89 billion with the latest information. PSTG stock price has been found in the range of $58.34 to $61.32.
If compared to the average trading volume of 2.50M shares, PSTG reached a trading volume of 7128035 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Pure Storage Inc [PSTG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PSTG shares is $72.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PSTG stock is a recommendation set at 1.71. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Morgan Stanley have made an estimate for Pure Storage Inc shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on August 21, 2025. While these analysts kept the previous recommendation, Piper Sandler raised their target price from $56 to $76. The new note on the price target was released on December 04, 2024, representing the official price target for Pure Storage Inc stock. Previously, the target price had yet another raise from $75 to $80, while Wells Fargo kept a Overweight rating on PSTG stock. On December 04, 2024, analysts increased their price target for PSTG shares from 70 to 80.
The Price to Book ratio for the last quarter was 15.99, with the Price to Cash per share for the same quarter was set at 4.84. Price to Free Cash Flow for PSTG in the course of the last twelve months was 35.16 with Quick ratio for the last quarter at 1.51.
Trading performance analysis for PSTG stock
Pure Storage Inc [PSTG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.60. With this latest performance, PSTG shares gained by 2.51% in over the last four-week period, additionally sinking by -2.53% over the last 6 months – not to mention a drop of -0.93% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PSTG stock in for the last two-week period is set at 60.41, with the RSI for the last a single of trading hit 1.93, and the three-weeks RSI is set at 1.89 for Pure Storage Inc [PSTG]. The present Moving Average for the last 50 days of trading for this stock 56.81, while it was recorded at 58.51 for the last single week of trading, and 55.98 for the last 200 days.
Pure Storage Inc [PSTG]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Pure Storage Inc [PSTG] shares currently have an operating margin of 2.95% and a Gross Margin at 69.26%. Pure Storage Inc’s Net Margin is presently recorded at 3.93%.
Pure Storage Inc (PSTG) Capital Structure & Debt Analysis
According to recent financial data for Pure Storage Inc. ( PSTG), the Return on Equity (ROE) stands at 9.76%, suggesting modest shareholder returns. The Return on Assets (ROA) is 3.44%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Pure Storage Inc’s Return on Invested Capital (ROIC) is 9.29%, showcasing its effectiveness in deploying capital for earnings.
Pure Storage Inc (PSTG) Efficiency & Liquidity Metrics
Based on Pure Storage Inc’s (PSTG) latest financial statements, the Debt-to-Equity Ratio is 0.22%, indicating its reliance on debt financing relative to shareholder equity.
Pure Storage Inc (PSTG) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Pure Storage Inc. (PSTG) effectively leverages its workforce, generating an average of $21291.67 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.54% and a Quick Ratio of 1.51%, indicating strong ability to cover short-term liabilities.
Pure Storage Inc [PSTG]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Pure Storage Inc posted 0.5/share EPS, while the average EPS was predicted by analysts to be reported at 0.42/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.08. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PSTG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Pure Storage Inc go to 16.61%.
An analysis of Institutional ownership at Pure Storage Inc [PSTG]
There are presently around $87.86%, or 92.92%% of PSTG stock, in the hands of institutional investors. The top three institutional holders of PSTG stocks are: FMR LLC with ownership of 48.79 million shares, which is approximately 14.9498%. BLACKROCK INC., holding 33.38 million shares of the stock with an approximate value of $$2.14 billion in PSTG stocks shares; and BLACKROCK INC., currently with $$2.05 billion in PSTG stock with ownership which is approximately 9.7679%.
