Pure Storage (PSTG) Stock Price
Pure Storage Price
Revenue has compounded at 36.1% per year over the past 17 years to 3.66 B USD. Earnings per share have grown at 34.9% per year over the last 3 years. Pure Storage's net margin stands at 5.1%, up from -6.6% several years earlier. Analysts set a median price target of 102.00 USD, implying 8.0% below the current price. Of 27 analysts, 19 rate the stock a buy — an overall Buy consensus.
Pure Storage stock price
Pure Storage business model & stock analysis
Frequently asked questions about Pure Storage
The business model of Pure Storage Inc is focused on providing enterprise-class all-flash storage solutions. Pure Storage Inc delivers storage hardware and software solutions that are designed to offer high-performance, reliability, and scalability for businesses. The company's products aim to modernize data storage infrastructure and accelerate applications for a wide range of industries. With a dedication to innovation and customer satisfaction, Pure Storage Inc offers cloud-based management services, data protection solutions, and artificial intelligence-driven analytics to optimize storage performance and improve overall business efficiency.
Pure Storage Inc is primarily active in the technology industry.
Pure Storage Inc faces competition from several companies in the market. Some of its main competitors include established storage technology providers such as Dell Technologies, Hewlett Packard Enterprise, NetApp, and IBM. These companies offer similar data storage solutions and services, often targeting similar customer segments. Additionally, emerging startups and cloud providers like Nutanix and Amazon Web Services also compete with Pure Storage Inc by offering alternative storage solutions. With its focus on innovative data management and flash storage technologies, Pure Storage Inc aims to differentiate itself from competitors and provide unique value to its customers.
Pure Storage Inc is a leading technology company that specializes in storage solutions. Founded in 2009, the company has quickly gained prominence in the industry. Pure Storage Inc was established with a vision to redefine the possibilities of data storage to meet the growing demands of businesses in the digital age. Since its inception, the company has continually innovated and introduced cutting-edge storage products and software solutions. With a customer-centric approach and a commitment to delivering reliable and efficient storage systems, Pure Storage Inc has become a trusted name in the technology sector. The company's dedication to advancing data storage technology has garnered recognition and numerous accolades within the industry.
Some significant milestones that Pure Storage Inc has achieved include: 1. In 2015, the company went public with its initial public offering, raising approximately $425 million. 2. In 2017, Pure Storage Inc was included in the Forbes Cloud 100 list, recognizing its position as a leading cloud computing company. 3. The company expanded internationally, opening offices in various countries, including the United Kingdom, Germany, and Japan. 4. Pure Storage Inc has consistently demonstrated strong revenue growth year after year, showcasing its success in the storage industry. 5. In 2019, Pure Storage Inc launched FlashArray//C, a cost-effective all-QLC flash storage technology, making storage more accessible for businesses.
Pure Storage Inc is primarily present in the United States and operates globally in several countries and regions. With its headquarters in Mountain View, California, the company has expanded its presence in North America, including Canada and Mexico. Pure Storage Inc also has a significant presence in Europe, serving customers in countries like the United Kingdom, France, Germany, Italy, and the Netherlands. Additionally, the company has a strong presence in Asia Pacific, with operations in Japan, Australia, Singapore, and other key countries in the region. With its extensive global reach, Pure Storage Inc continues to provide innovative storage solutions to customers worldwide.
Pure Storage Inc represents the values of innovation, customer satisfaction, and data-driven solutions. The company aims to revolutionize the storage industry by providing cutting-edge technology and modernize data storage systems. With a focus on simplicity, performance, and reliability, Pure Storage Inc strives to meet the ever-evolving needs of its customers. Their corporate philosophy emphasizes a customer-centric approach, consistently delivering advanced storage solutions to help businesses succeed in the digital age. By combining state-of-the-art technology with a commitment to customer success, Pure Storage Inc has become a leader in the storage industry.
Analysts currently set an average price target of 97.02 USD for the Pure Storage stock (median: 102.00 USD), implying -12.5 % versus the latest price. The consensus is based on 27 analyst ratings.
27 analysts currently rate the Pure Storage stock: 19 recommend buying, 7 holding and 1 selling.
Converted at the current exchange rate, the Pure Storage share trades at 98.93 EUR (110.89 USD).
The Pure Storage share (PSTG) is listed on 7 stock exchanges, including: NYSE (PSTG), London (0KSA.L), SIX (Zürich) (6PU.SW), Frankfurt (6PU.F), München (6PU.MU), Düsseldorf (6PU.DU).
Pure Storage Inc is a US company specialized in manufacturing flash storage systems for businesses. It is considered one of the leading providers worldwide in this segment. The company's business model focuses on offering high-quality flash storage systems at affordable prices, while staying up-to-date with the latest technology. Pure Storage operates in various areas, including all-flash applications and object and file storage. They offer products such as FlashArray systems and FlashBlade systems, which are optimized for data centers and the cloud. The company also emphasizes collaboration with partners in the IT sector to provide optimal solutions for customers. In summary, Pure Storage's business model is based on high-quality storage solutions at affordable prices, offering a wide range of products and maintaining technological advancements.
The revenue of Pure Storage is 3.66 B USD. This figure is based on current financial data and reflects the company's business performance.
The profit of Pure Storage is 188.18 M USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Pure Storage is currently 203.93. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Pure Storage stock.
The price-to-sales ratio (P/S) of Pure Storage is currently 10.48. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Pure Storage stock.
The Eulerpool Quality Score for Pure Storage is 7/10.
The ISIN of Pure Storage is US74624M1027. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Pure Storage is A14YFN. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Pure Storage is PSTG. The ticker symbol is used to trade Pure Storage shares on the stock exchange.
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All fundamentals and in-depth analysis of Pure Storage
Our stock analysis for Pure Storage stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Pure Storage. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.