Pure Storage (PSTG) - Stock Price & Dividends

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

All-Flash Arrays, Storage Software, Cloud-Native Solutions

Pure Storage, Inc. is a leading provider of innovative data storage and management technologies, products, and services that help businesses and organizations efficiently manage and utilize their data. The company's cutting-edge solutions are designed to simplify data management, reduce costs, and improve performance.

At the heart of Pure Storage's products is its Purity software, a proprietary technology that provides enterprise-class data services, including always-on data reduction, data protection, and encryption. This software is shared across its products, ensuring seamless integration and optimal performance.

The company offers a range of integrated hardware systems, including FlashArray and FlashBlade, which are designed to address specific data storage needs. FlashArray systems, such as FlashArray//X, FlashArray//C, and FlashArray//E, are optimized for block-oriented storage, making them ideal for databases, applications, virtual machines, and other traditional workloads. FlashBlade systems, comprising FlashBlade//S and FlashBlade//E, are designed for managing and processing unstructured data workloads, including real-time log analytics, commercial high-performance computing (HPC), and data protection and recovery.

In addition to its on-premises storage solutions, Pure Storage offers cloud-native storage solutions, including Portworx by Pure Storage, a cloud-native Kubernetes data management solution, and Portworx Data Services, a Database-as-a-Service platform for Kubernetes. These solutions enable customers to seamlessly manage and process data across on-premises and cloud environments.

Pure Storage also provides a range of innovative solutions, including Pure Fusion, a Software-as-a-Service (SaaS) management plane that enables storage administrators to unify storage arrays and optimize storage pools. The company's Evergreen Architecture, comprising Pure1, an AI-driven cloud-based management platform, as well as Evergreen//One and Evergreen//Flex data storage solutions, provides customers with a flexible and scalable storage infrastructure. Furthermore, the company's Cloud Block Store, a virtual block storage array, enables customers to operate a hybrid cloud model with seamless data mobility across on-premises and public cloud environments.

Pure Storage sells its products and subscription services through a direct sales force and channel partners, providing customers with flexible and convenient purchasing options. With its innovative solutions and commitment to customer satisfaction, Pure Storage has established itself as a leader in the data storage and management industry.

Headquartered in Santa Clara, California, Pure Storage, Inc. was founded in 2009 and was formerly known as OS76, Inc. before changing its name to Pure Storage, Inc. in January 2010. Today, the company is a leading provider of data storage and management solutions, trusted by businesses and organizations around the world. For more information, please visit https://www.purestorage.com.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Pure Storage (PSTG) - Stock Price & Dividends

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for Pure Storage (PSTG) - Stock Price & Dividends

PSTG Stock Overview

Market Cap in USD 19,132m
Sector Technology
Industry Computer Hardware
GiC SubIndustry Technology Hardware, Storage & Peripherals
TER 0.00%
IPO / Inception 2015-10-07

PSTG Stock Ratings

Growth 5y 8.21
Fundamental 44.7
Dividend -
Rel. Performance vs Sector 5.50
Analysts 4.45/5
Fair Price Momentum 71.27 USD
Fair Price DCF 33.15 USD

PSTG Dividends

Yield 12m 0.00%
Yield on Cost 5y 0.00%
Dividends CAGR 5y 0.00%
Payout Consistency 0.0%

PSTG Growth Ratios

Growth 12m 112.65%
Growth Correlation 12m 47%
Growth Correlation 3m 27%
CAGR 5y 31.51%
CAGR/Mean DD 5y 1.95
Sharpe Ratio 12m 2.26
Alpha vs SP500 12m 74.28
Beta vs SP500 5y weekly 1.46
ValueRay RSI 89.16
Volatility GJR Garch 1y 38.61%
Price / SMA 50 16.06%
Price / SMA 200 48.12%
Current Volume 4826.9k
Average Volume 20d 2854.4k

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What is the price of PSTG stocks?
As of May 30, 2024, the stock is trading at USD 62.52 with a total of 4,826,875 shares traded.
Over the past week, the price has changed by +4.36%, over one month by +19.24%, over three months by +48.43% and over the past year by +112.65%.
What are the forecast for PSTG stock price target?
According to ValueRays Forecast Model, PSTG Pure Storage will be worth about 80.4 in May 2025. The stock is currently trading at 62.52. This means that the stock has a potential upside of +28.52%.
Issuer Forecast Upside
Wallstreet Target Price 56.5 -9.68
Analysts Target Price 44 -29.6
ValueRay Target Price 80.4 28.5