What's Happening With PSTG Stock?
PSTG shares rose over 20% in six months due to AI data center demand. Valuation of approximately $70 is considered unattractive despite growth.
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PSTG
Pure Storage, Inc. · NYSE · Technology
Price$86.22+9.14% · +$7.22
Market cap28.49BEquity value
P / E156.8Trailing ratio
Volume2.46MLatest session
Market data
TradingViewPSTG price chart
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1 min delayedLatest PSTG price-moving signals
Browse public PSTG signals with their source context and measured market impact. Open any signal for its permanent analysis page.
Pure Storage Stock Primed For A Short-Term Bounce
PSTG dropped 27.3% post-earnings on Dec. 3. Currently, PSTG trades at $66.54, 33% below its high. PSTG is near its 12-month moving average, signaling potential recovery. Past signals show an 80% chance of gains one month later. Low volatility suggests attractive options premiums for traders.
View signal analysisThese Analysts Revise Their Forecasts On Pure Storage After Q3 Results
PSTG met earnings estimates but reported a mixed analyst reaction. Revenue beat expectations at $964.45 million for the quarter. CEO emphasizes data accessibility's importance for competitive AI advantage. Fiscal 2026 revenue guidance raised to $3.63-$3.64 billion. Shares fell 26.3% post-earnings, indicating market uncertainty.
View signal analysisPure Storage Stock Declines After Mixed Q3 Results and Analyst Revisions.
Pure Storage saw a 16% revenue growth in Q3. The company raised its annual financial guidance significantly. Management's strategy shift for AI hyperscalers spooked investors. Despite solid earnings, stock price experienced a post-earnings dip. Market reaction contrasts positive revenue performance and outlook.
View signal analysisPure Storage Stock Drops After Q3 Earnings: Details
PSTG reported Q3 earnings of 58 cents per share, meeting estimates. Quarterly revenue of $964.45 million exceeded analyst expectations. Subscription services revenue grew 14% year-over-year to $429.7 million. ARR increased 17% year-over-year, reaching $1.8 billion. PSTG raised fiscal 2026 revenue guidance, indicating positive outlook.
View signal analysisPure Storage Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
PSTG earnings expected at $0.58, up from $0.50 year-over-year. Quarterly revenue forecast at $956.48 million, up from $831.07 million. Analysts raise price targets, suggesting positive market sentiment towards PSTG. Recent leadership change may influence company strategic direction. Shares decreased by 0.5%, closing at $88.55 on Monday.
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