(PSTG) Pure Storage - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US74624M1027

FlashArray, FlashBlade, Portworx, Fusion, Evergreen

Stock: Technology Hardware, Storage & Peripherals
Age 10.3y
MCap 23,891m
Avg Vol 3.49M (237M USD)
Beta 1.838
Volatility 53.35%

EPS (Earnings per Share)

EPS (Earnings per Share) of PSTG over the last years for every Quarter: "2021-01": 0.13, "2021-04": -0.3004, "2021-07": 0.14, "2021-10": 0.22, "2022-01": 0.36, "2022-04": 0.25, "2022-07": 0.32, "2022-10": 0.31, "2023-01": 0.53, "2023-04": 0.08, "2023-07": 0.34, "2023-10": 0.5, "2024-01": 0.5, "2024-04": 0.32, "2024-07": 0.44, "2024-10": 0.5, "2025-01": 0.12, "2025-04": 0.29, "2025-07": 0.43, "2025-10": 0.58,
EPS CAGR: 13.56%
EPS Trend: 16.3%
Last SUE: 0.00
Qual. Beats: 0

Revenue

Revenue of PSTG over the last years for every Quarter: 2021-01: 502.718, 2021-04: 412.707, 2021-07: 496.831, 2021-10: 562.74, 2022-01: 708.57, 2022-04: 620.405, 2022-07: 646.772, 2022-10: 676.05, 2023-01: 810.207, 2023-04: 589.307, 2023-07: 688.671, 2023-10: 762.838, 2024-01: 789.805, 2024-04: 693.479, 2024-07: 763.771, 2024-10: 831.072, 2025-01: 879.842, 2025-04: 778.485, 2025-07: 861.002, 2025-10: 964.453,
Rev. CAGR: 8.57%
Rev. Trend: 76.9%
Last SUE: 1.67
Qual. Beats: 6

Dividends

Currently no dividends paid
Risk via 5d forecast
Volatility 53.4%
Value at Risk 5%th 77.2%
Relative Tail Risk -11.99%
Reward TTM
Sharpe Ratio 0.25
Alpha -23.31
CAGR/Max DD 0.75
Character TTM
Hurst Exponent 0.535
Beta 1.838
Beta Downside 1.962
Drawdowns 3y
Max DD 48.63%
Mean DD 14.27%
Median DD 11.44%

Description: PSTG Pure Storage December 17, 2025

Pure Storage, Inc. (NYSE:PSTG) delivers enterprise-class data storage and management solutions through a software-defined architecture called Purity, which underpins both its on-premise FlashArray and FlashBlade hardware families and its cloud-native offerings.

The product suite spans block-oriented FlashArray systems (X, C, XL, E, and File Services) for databases, VMs, and traditional workloads, as well as FlashBlade appliances (S, E, EXA) optimized for unstructured data, real-time analytics, and high-performance computing. Cloud-centric capabilities include Portworx for Kubernetes data services, Pure Fusion’s SaaS management plane, and Cloud Block Store for hybrid-cloud block storage, all sold via a direct sales force and channel partners.

Key recent metrics suggest the company is gaining traction in the subscription-based model: FY 2024 total revenue reached **$3.6 billion**, with **ARR (annual recurring revenue) growing ~28 % YoY** and subscription revenue now representing roughly **45 % of total revenue**. Gross margins have improved to **≈ 71 %**, reflecting the higher-margin SaaS mix, while cash flow from operations remains positive, supporting continued R&D and go-to-market investment. Macro-level drivers include the broader shift to hybrid-cloud architectures, rising demand for data-intensive AI/ML workloads, and the industry-wide move toward subscription pricing to smooth spend for enterprise IT budgets.

For a deeper, data-driven assessment of Pure Storage’s valuation and risk profile, you may find the analyst tools on ValueRay useful for further research.

Piotroski VR‑10 (Strict, 0-10) 7.0

Net Income: 130.4m TTM > 0 and > 6% of Revenue
FCF/TA: 0.05 > 0.02 and ΔFCF/TA -10.02 > 1.0
NWC/Revenue: 26.92% < 20% (prev 36.22%; Δ -9.30% < -1%)
CFO/TA 0.08 > 3% & CFO 326.6m > Net Income 130.4m
Net Debt (-627.3m) to EBITDA (311.4m): -2.01 < 3
Current Ratio: 1.58 > 1.5 & < 3
Outstanding Shares: last quarter (340.6m) vs 12m ago 0.0% < -2%
Gross Margin: 69.81% > 18% (prev 0.71%; Δ 6909 % > 0.5%)
Asset Turnover: 86.31% > 50% (prev 79.86%; Δ 6.45% > 0%)
Interest Coverage Ratio: 19.03 > 6 (EBITDA TTM 311.4m / Interest Expense TTM 9.19m)

Altman Z'' (< 1.1 .. > 2.6) 1.28

A: 0.22 (Total Current Assets 2.54b - Total Current Liabilities 1.61b) / Total Assets 4.22b
B: -0.30 (Retained Earnings -1.28b / Total Assets 4.22b)
C: 0.04 (EBIT TTM 174.8m / Avg Total Assets 4.04b)
D: 0.50 (Book Value of Equity 1.40b / Total Liabilities 2.82b)
Altman-Z'' Score: 1.28 = BB

ValueRay F-Score (Strict, 0-100) 63.94

1. Piotroski: 7.0pt
2. FCF Yield: 0.92%
3. FCF Margin: 5.94%
4. Debt/Equity: 0.16
5. Debt/Ebitda: -2.01
6. ROIC - WACC: -1.92%
7. RoE: 9.89%
8. Revenue Trend: 76.88%
9. EPS Trend: 16.26%

What is the price of PSTG shares?

As of January 23, 2026, the stock is trading at USD 71.42 with a total of 2,420,496 shares traded.
Over the past week, the price has changed by -1.30%, over one month by +6.09%, over three months by -19.66% and over the past year by -1.23%.

Is PSTG a buy, sell or hold?

Pure Storage has received a consensus analysts rating of 4.10. Therefore, it is recommended to buy PSTG.
  • Strong Buy: 10
  • Buy: 5
  • Hold: 5
  • Sell: 0
  • Strong Sell: 1

What are the forecasts/targets for the PSTG price?

Issuer Target Up/Down from current
Wallstreet Target Price 95.2 33.2%
Analysts Target Price 95.2 33.2%
ValueRay Target Price 85.2 19.3%

PSTG Fundamental Data Overview January 17, 2026

P/E Trailing = 190.4211
P/E Forward = 34.4828
P/S = 6.8578
P/B = 17.03
P/EG = 1.7212
Revenue TTM = 3.48b USD
EBIT TTM = 174.8m USD
EBITDA TTM = 311.4m USD
Long Term Debt = 226.1m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 43.6m USD (from shortTermDebt, last quarter)
Debt = 225.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -627.3m USD (from netDebt column, last quarter)
Enterprise Value = 22.59b USD (23.89b + Debt 225.5m - CCE 1.53b)
Interest Coverage Ratio = 19.03 (Ebit TTM 174.8m / Interest Expense TTM 9.19m)
EV/FCF = 109.1x (Enterprise Value 22.59b / FCF TTM 207.1m)
FCF Yield = 0.92% (FCF TTM 207.1m / Enterprise Value 22.59b)
FCF Margin = 5.94% (FCF TTM 207.1m / Revenue TTM 3.48b)
Net Margin = 3.74% (Net Income TTM 130.4m / Revenue TTM 3.48b)
Gross Margin = 69.81% ((Revenue TTM 3.48b - Cost of Revenue TTM 1.05b) / Revenue TTM)
Gross Margin QoQ = 72.31% (prev 70.19%)
Tobins Q-Ratio = 5.35 (Enterprise Value 22.59b / Total Assets 4.22b)
Interest Expense / Debt = 0.12% (Interest Expense 266.0k / Debt 225.5m)
Taxrate = 16.59% (10.9m / 65.7m)
NOPAT = 145.8m (EBIT 174.8m * (1 - 16.59%))
Current Ratio = 1.58 (Total Current Assets 2.54b / Total Current Liabilities 1.61b)
Debt / Equity = 0.16 (Debt 225.5m / totalStockholderEquity, last quarter 1.40b)
Debt / EBITDA = -2.01 (Net Debt -627.3m / EBITDA 311.4m)
Debt / FCF = -3.03 (Net Debt -627.3m / FCF TTM 207.1m)
Total Stockholder Equity = 1.32b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.23% (Net Income 130.4m / Total Assets 4.22b)
RoE = 9.89% (Net Income TTM 130.4m / Total Stockholder Equity 1.32b)
RoCE = 11.32% (EBIT 174.8m / Capital Employed (Equity 1.32b + L.T.Debt 226.1m))
RoIC = 10.66% (NOPAT 145.8m / Invested Capital 1.37b)
WACC = 12.57% (E(23.89b)/V(24.12b) * Re(12.69%) + D(225.5m)/V(24.12b) * Rd(0.12%) * (1-Tc(0.17)))
Discount Rate = 12.69% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 81.65 | Cagr: 1.55%
[DCF Debug] Terminal Value 63.68% ; FCFF base≈354.4m ; Y1≈362.3m ; Y5≈400.9m
Fair Price DCF = 13.12 (EV 3.70b - Net Debt -627.3m = Equity 4.33b / Shares 330.2m; r=12.57% [WACC]; 5y FCF grow 2.10% → 2.90% )
EPS Correlation: 16.26 | EPS CAGR: 13.56% | SUE: 0.0 | # QB: 0
Revenue Correlation: 76.88 | Revenue CAGR: 8.57% | SUE: 1.67 | # QB: 6
EPS next Quarter (2026-04-30): EPS=0.39 | Chg30d=-0.030 | Revisions Net=-9 | Analysts=18
EPS next Year (2027-01-31): EPS=2.29 | Chg30d=-0.179 | Revisions Net=-10 | Growth EPS=+17.5% | Growth Revenue=+17.3%

Additional Sources for PSTG Stock

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