12-Dec-2025
Pure Storage (PSTG): New Buy Recommendation for This Technology Giant
TipRanks (Fri, 12-Dec 11:07 AM ET)
Market Chameleon (Thu, 11-Dec 3:37 AM ET)
Pure Storage adds $400M to share repurchase program
Seeking Alpha News (Wed, 10-Dec 4:13 PM ET)
Pure Storage Announces $400 Million Share Repurchase Authorization
PRNewswire (Wed, 10-Dec 4:05 PM ET)
Cathie Wood's weekly recap: heads turn to AI, biotech; sells communication names
Seeking Alpha News (Mon, 8-Dec 5:22 AM ET)
Pure Storage Announces Third Quarter Fiscal 2026 Financial Results
PRNewswire (Tue, 2-Dec 4:05 PM ET)
PRNewswire (Tue, 11-Nov 4:05 PM ET)
Pure Storage Names Patrick Finn as Chief Revenue Officer
PRNewswire (Tue, 4-Nov 9:00 AM ET)
Pure Storage and Cisco Deliver AI Factories for the Enterprise with NVIDIA
PRNewswire (Tue, 28-Oct 2:30 PM ET)
PRNewswire (Fri, 24-Oct 11:07 AM ET)
Pure Storage Inc is a U.S.-based company that provides an enterprise data storage platform that transforms business through a dramatic increase in performance and reduction in complexity and costs. It generates revenue from two sources: product revenue, which includes the sale of integrated storage hardware and embedded operating system software; and subscription services revenue, which includes Evergreen Storage subscriptions, a unified subscription that includes Pure as-a-Service, Cloud Block Store, and Portworx. Subscription services revenue also includes professional services offerings such as installation and implementation consulting services.
Pure Storage Class A trades on the NYSE stock market under the symbol PSTG.
As of December 12, 2025, PSTG stock price declined to $71.32 with 4,839,294 million shares trading.
PSTG has a beta of 2.06, meaning it tends to be more sensitive to market movements. PSTG has a correlation of 0.31 to the broad based SPY ETF.
PSTG has a market cap of $23.55 billion. This is considered a Large Cap stock.
Last quarter Pure Storage Class A reported $964 million in Revenue and $.58 earnings per share. This beat revenue expectation by $7 million and exceeded earnings estimates by $.13.
In the last 3 years, PSTG traded as high as $100.59 and as low as $22.14.
The top ETF exchange traded funds that PSTG belongs to (by Net Assets): VTI, IJH, VB, VBK, VXF.
PSTG has outperformed the market in the last year with a return of +14.1%, while the SPY ETF gained +14.0%. However, in the most recent history, PSTG shares have underperformed the stock market with its stock returning -13.3% in the last 3 month period and -19.8% for the last 2 week period, while SPY has returned +4.0% and -0.2%, respectively.
PSTG support price is $72.93 and resistance is $78.81 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PSTG shares will trade within this expected range on the day.