Pure Storage Inc (P)

Currency in USD
80.96
+3.23(+4.16%)
Closed·
81.49+0.53(+0.65%)
·
P is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
78.5482.12
52 wk Range
53.43100.59
Key Statistics
Prev. Close
80.96
Open
79.81
Day's Range
78.54-82.12
52 wk Range
53.43-100.59
Volume
2.68M
Average Volume (3m)
3.35M
1-Year Change
40.6532%
Book Value / Share
4.36
Fair Value
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Fair Value Upside
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P Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
93.74
Upside
+15.78%
Members' Sentiments
Bearish
Bullish
ProTips
Net income is expected to grow this year

Pure Storage Inc News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Buy

Analyst Ratings

14 Buy
5 Hold
1 Sell
Ratings:
20 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 93.74
(+15.78% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Piper Sandler
Buy92.00+13.64%-MaintainMar 16, 2026
Northland
Buy81.00+0.05%77.00UpgradeMar 09, 2026
Lake Street
Buy90.00+11.17%92.00MaintainFeb 26, 2026
UBS
Sell63.00-22.18%60.00MaintainFeb 26, 2026
Morgan Stanley
Hold84.00+3.75%83.00MaintainFeb 26, 2026

Pure Storage Inc SWOT Analysis


Flash Storage Leade
Pure Storage's market position in all-flash arrays and data management solutions, with $3.25 billion in revenue and a 69.26% gross margin
Financial Resilience
Explore Pure Storage's financial health, including its strong cash position, current ratio of 1.61, and Altman Z-Score of 4.99
Strategic Challenges
Delve into Pure Storage's product strategy shift and its impact on margins, as well as the company's response to competitive pressures
Future Prospects
Analysts project EPS of $1.88 for FY2026, with an average price target of $60.20, reflecting varied views on Pure Storage's growth potential
Read full SWOT analysis

Pure Storage Inc Earnings Call Summary for Q1/2027

  • Pure Storage Q1 FY2027 revenue hit $1.053B, up 35% YoY; product revenue surged 55% while subscription services grew 17% to 45% of total revenue
  • Operating profit jumped over 90% YoY to $159M with gross margin at 70.1%; stock fell 2.95% despite beating expectations amid valuation concerns
  • Q2 FY2027 guidance projects revenue of $1.095B-$1.105B (28% YoY growth); full-year outlook raised to $4.41B-$4.51B reflecting strong momentum
  • FlashBlade//EXA AI storage and Evergreen//One subscriptions driving growth; OneTouch acquisition enhances data management capabilities
  • Key risks include supply chain disruptions, AI storage market competition, and OneTouch integration challenges amid global economic uncertainties
Last Updated: 2026-05-27, 06:14 p/m
Read Full Transcript

Earnings

Latest Release
May 27, 2026
EPS / Forecast
0.47 / 0.39
Revenue / Forecast
1.05B / 1B
EPS Revisions
Last 90 days

P Income Statement

Compare P to Peers and Sector

Metrics to compare
P
Peers
Sector
Relationship
P/E Ratio
118.9x34.6x12.5x
PEG Ratio
1.600.360.01
Price/Book
18.7x1.6x2.4x
Price / LTM Sales
6.8x2.2x2.3x
Upside (Analyst Target)
13.6%8.6%29.0%
Fair Value Upside
Unlock−30.0%5.6%Unlock

Everpure, Inc. provides 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, such as block, file, and object. The company also provides FlashArray, including FlashArray//ST, FlashArray//X, FlashArray//C, FlashArray//XL, FlashArray//E, and FlashArray File Services, addressing databases, applications, virtual machines, and other traditional workloads; and FlashBlade integrated hardware systems comprising FlashBlade//S, FlashBlade//E, and FlashBlade//EXA 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 storage solutions, such as Portworx by Everpure, a cloud-native Kubernetes data management solution; and Evergreen/One; and Evergreen/Flex. Further, the company provides Everpure 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 Everpure Cloud, 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 a direct sales force and channel partners. Everpure, Inc. has a strategic alliance with Odine Solutions Teknoloji Ticaret ve Sanayi A.S. The company was formerly known as Pure Storage, Inc. and changed its name to Everpure, Inc. in February 2026. Everpure, Inc. was incorporated in 2009 and is headquartered in Santa Clara, California.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
144.04M43.33%11.20B
Other Institutional Investors
133.79M40.25%10.40B
Public Companies & Retail Investors
54.57M16.42%4.24B
Total
332.4M100.00%25.84B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
FMR LLC14.91%49,568,5193,852,961
BlackRock, Inc.10.91%36,268,9552,819,186

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FAQ

What Is the Pure Storage Inc (P) Stock Price Today?

The Pure Storage Inc stock price today is 80.96 USD.

What Stock Exchange Does Pure Storage Inc Trade On?

Pure Storage Inc is listed and trades on the New York Stock Exchange.

What Is the Stock Symbol for Pure Storage Inc?

The stock symbol for Pure Storage Inc is "P."

What Is the Pure Storage Inc Market Cap?

As of today, Pure Storage Inc market cap is 26.91B USD.

What Is Pure Storage Inc's Earnings Per Share (TTM)?

The Pure Storage Inc EPS (TTM) is 0.65.

When Is the Next Pure Storage Inc Earnings Date?

Pure Storage Inc will release its next earnings report on Sep 02, 2026.

From a Technical Analysis Perspective, Is P a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Pure Storage Inc Stock Split?

Pure Storage Inc has split 0 times.

How Many Employees Does Pure Storage Inc Have?

Pure Storage Inc has 6400 employees.

What is the current trading status of Pure Storage Inc (P)?

As of Jul 10, 2026, Pure Storage Inc (P) is trading at a price of 80.96 USD, with a previous close of 80.96 USD. The stock has fluctuated within a day range of 78.54 USD to 82.12 USD, while its 52-week range spans from 53.43 USD to 100.59 USD.

What Is Pure Storage Inc (P) Price Target According to Analysts?

The average 12-month price target for Pure Storage Inc is 93.74 USD, with a high estimate of 115 USD and a low estimate of 70 USD. 14 analysts recommend buying the stock, while 1 suggest selling, leading to an overall rating of Buy. The stock has an +15.78% Upside potential.

What Is the P Premarket Price?

P's last pre-market stock price is 81.49 USD. The pre-market share volume is 6,520.00, and the stock has decreased by 0.53, or 0.65%.

What Is the P After Hours Price?

P's last after hours stock price is 80.65 USD, the stock has decreased by -0.31, or -0.38%.
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