(PSTG) Pure Storage - Overview

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

Stock: FlashArray, FlashBlade, Portworx, Pure1, Cloud Block

Total Rating 53
Risk 80
Buy Signal 0.18
Risk 5d forecast
Volatility 58.0%
Relative Tail Risk -13.2%
Reward TTM
Sharpe Ratio 0.60
Alpha -17.26
Character TTM
Beta 2.372
Beta Downside 1.483
Drawdowns 3y
Max DD 48.63%
CAGR/Max DD 0.78

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, "2026-01": 0.69,

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, 2026-01: 1058.903,

Risks

Fundamental:

P/E ratio: 172.4474

Description: PSTG Pure Storage February 28, 2026

Everpure (formerly Pure Storage) delivers enterprise-grade flash storage and data-management solutions across on-premises, cloud-native, and hybrid environments. Its portfolio includes the FlashArray line for block-oriented workloads, FlashBlade appliances for unstructured data, and the Portworx suite for Kubernetes-centric storage, all unified under the Evergreen architecture and managed via the AI-driven Pure1 SaaS platform.

Key recent metrics underscore the company’s momentum: FY 2025 revenue reached $3.2 billion, up 15% year-over-year, with subscription and services revenue growing 28% YoY to $1.1 billion; the firm reported a cash-rich balance sheet of $2.4 billion and a non-GAAP operating margin of 22%. Industry-wide, demand for flash storage is projected to expand at a 12% CAGR through 2028, driven by AI/ML workloads, edge computing, and the shift toward containerized applications.

For deeper insight, you may want to explore ValueRay’s analysis.

Piotroski VR‑10 (Strict, 0-10) 6.0

Net Income: 188.2m TTM > 0 and > 6% of Revenue
FCF/TA: 0.05 > 0.02 and ΔFCF/TA -7.81 > 1.0
NWC/Revenue: 31.49% < 20% (prev 30.64%; Δ 0.85% < -1%)
CFO/TA 0.08 > 3% & CFO 386.1m > Net Income 188.2m
Net Debt (-638.7m) to EBITDA (373.9m): -1.71 < 3
Current Ratio: 1.60 > 1.5 & < 3
Outstanding Shares: last quarter (346.1m) vs 12m ago 0.86% < -2%
Gross Margin: 70.38% > 18% (prev 0.70%; Δ 6968 % > 0.5%)
Asset Turnover: 84.81% > 50% (prev 79.92%; Δ 4.88% > 0%)
Interest Coverage Ratio: 30.81 > 6 (EBITDA TTM 373.9m / Interest Expense TTM 7.34m)

Altman Z'' 1.62

A: 0.25 (Total Current Assets 3.06b - Total Current Liabilities 1.91b) / Total Assets 4.67b
B: -0.25 (Retained Earnings -1.18b / Total Assets 4.67b)
C: 0.05 (EBIT TTM 226.1m / Avg Total Assets 4.32b)
D: 0.45 (Book Value of Equity 1.45b / Total Liabilities 3.23b)
Altman-Z'' Score: 1.62 = BB

Beneish M -2.86

DSRI: 1.20 (Receivables 944.8m/680.9m, Revenue 3.66b/3.17b)
GMI: 0.99 (GM 70.38% / 69.84%)
AQI: 0.90 (AQ_t 0.18 / AQ_t-1 0.20)
SGI: 1.16 (Revenue 3.66b / 3.17b)
TATA: -0.04 (NI 188.2m - CFO 386.1m) / TA 4.67b)
Beneish M-Score: -2.86 (Cap -4..+1) = A

What is the price of PSTG shares?

As of March 08, 2026, the stock is trading at USD 60.90 with a total of 3,516,080 shares traded.
Over the past week, the price has changed by -5.17%, over one month by -14.21%, over three months by -14.27% and over the past year by +24.49%.

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.
  • StrongBuy: 10
  • Buy: 5
  • Hold: 5
  • Sell: 0
  • StrongSell: 1

What are the forecasts/targets for the PSTG price?

Issuer Target Up/Down from current
Wallstreet Target Price 91 49.4%
Analysts Target Price 91 49.4%

PSTG Fundamental Data Overview March 04, 2026

P/E Trailing = 172.4474
P/E Forward = 30.4878
P/S = 5.9069
P/B = 15.1143
P/EG = 1.524
Revenue TTM = 3.66b USD
EBIT TTM = 226.1m USD
EBITDA TTM = 373.9m USD
Long Term Debt = 172.1m USD (estimated: total debt 216.1m - short term 44.1m)
Short Term Debt = 44.1m USD (from shortTermDebt, last quarter)
Debt = 216.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -638.7m USD (from netDebt column, last quarter)
Enterprise Value = 20.30b USD (21.64b + Debt 216.1m - CCE 1.55b)
Interest Coverage Ratio = 30.81 (Ebit TTM 226.1m / Interest Expense TTM 7.34m)
EV/FCF = 79.29x (Enterprise Value 20.30b / FCF TTM 256.1m)
FCF Yield = 1.26% (FCF TTM 256.1m / Enterprise Value 20.30b)
FCF Margin = 6.99% (FCF TTM 256.1m / Revenue TTM 3.66b)
Net Margin = 5.14% (Net Income TTM 188.2m / Revenue TTM 3.66b)
Gross Margin = 70.38% ((Revenue TTM 3.66b - Cost of Revenue TTM 1.08b) / Revenue TTM)
Gross Margin QoQ = 69.89% (prev 72.31%)
Tobins Q-Ratio = 4.34 (Enterprise Value 20.30b / Total Assets 4.67b)
Interest Expense / Debt = 0.12% (Interest Expense 266.0k / Debt 216.1m)
Taxrate = 6.76% (7.27m / 107.5m)
NOPAT = 210.8m (EBIT 226.1m * (1 - 6.76%))
Current Ratio = 1.60 (Total Current Assets 3.06b / Total Current Liabilities 1.91b)
Debt / Equity = 0.15 (Debt 216.1m / totalStockholderEquity, last quarter 1.45b)
Debt / EBITDA = -1.71 (Net Debt -638.7m / EBITDA 373.9m)
Debt / FCF = -2.49 (Net Debt -638.7m / FCF TTM 256.1m)
Total Stockholder Equity = 1.35b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.36% (Net Income 188.2m / Total Assets 4.67b)
RoE = 13.91% (Net Income TTM 188.2m / Total Stockholder Equity 1.35b)
RoCE = 14.83% (EBIT 226.1m / Capital Employed (Equity 1.35b + L.T.Debt 172.1m))
RoIC = 15.55% (NOPAT 210.8m / Invested Capital 1.36b)
WACC = 14.52% (E(21.64b)/V(21.85b) * Re(14.66%) + D(216.1m)/V(21.85b) * Rd(0.12%) * (1-Tc(0.07)))
Discount Rate = 14.66% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 81.65 | Cagr: 0.81%
[DCF] Terminal Value 56.29% ; FCFF base≈364.4m ; Y1≈339.3m ; Y5≈311.6m
[DCF] Fair Price = 9.47 (EV 2.49b - Net Debt -638.7m = Equity 3.13b / Shares 330.2m; r=14.52% [WACC]; 5y FCF grow -8.72% → 2.90% )
EPS Correlation: 30.82 | EPS CAGR: 31.09% | SUE: 1.37 | # QB: 1
Revenue Correlation: 84.07 | Revenue CAGR: 15.32% | SUE: 4.0 | # QB: 7
EPS next Quarter (2026-04-30): EPS=0.40 | Chg7d=+0.004 | Chg30d=+0.005 | Revisions Net=+5 | Analysts=19
EPS current Year (2027-01-31): EPS=2.31 | Chg7d=+0.034 | Chg30d=+0.028 | Revisions Net=+5 | Growth EPS=+16.2% | Growth Revenue=+19.4%
EPS next Year (2028-01-31): EPS=2.83 | Chg7d=+0.084 | Chg30d=+0.075 | Revisions Net=+5 | Growth EPS=+22.8% | Growth Revenue=+15.4%
[Analyst] Revisions Ratio: +0.38 (9 Up / 4 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 14.1% (Discount Rate 14.7% - Earnings Yield 0.6%)
[Growth] Growth Spread = +14.6% (Analyst 28.7% - Implied 14.1%)

Additional Sources for PSTG Stock

Fund Manager Positions: Dataroma | Stockcircle