Pure Storage, Inc. (PSTG)

AI-powered earnings prediction for Pure Storage, Inc. (PSTG).

73.93
+0.46%
USD, 2 days ago
Market Cap
24.41B
Google

Company Overview

Pure Storage, Inc. provides data storage and management technologies, products, and services in the United States and internationally. Its Purity software is shared across its products and provides enterprise-class data services, such as always-on data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. The company also provides FlashArray integrated hardware systems, including FlashArray//X, FlashArray//C, FlashArray//XL, FlashArray//E, and FlashArray File Services for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; and FlashBlade integrated hardware systems comprising FlashBlade//S, FlashBlade//E, and FlashBlade//EXA for managing and processing unstructured data workloads of various types from real-time log analytics and commercial high-performance computing (HPC) to data protection and recovery. In addition, it offers cloud-native storage solutions, such as Portworx by Pure Storage, a cloud-native Kubernetes data management solution; and Portworx Data Services, a Database-as-a-Service platform for Kubernetes. Further, the company provides Pure Fusion, a Software-as-a-Service (SaaS) management plane, which enables storage administrators to unify storage arrays and optimize storage pools; Evergreen Architecture comprising Pure1, an AI-driven cloud-based management platform, as well as Evergreen//One and Evergreen//Flex data storage solutions; and Cloud Block Store, a virtual block storage array, that provides customers the flexibility to operate a hybrid cloud model with seamless data mobility across on-premises and public cloud environments. It sells its products and subscription services through direct sales force and channel partners. The company was formerly known as OS76, Inc. and changed its name to Pure Storage, Inc. in January 2010. Pure Storage, Inc. was incorporated in 2009 and is headquartered in Santa Clara, California.

Sector
Technology
Industry
Computer Hardware
Phone
800 379 7873
Headquarters
2555 Augustine Drive
Santa Clara, CA, 95054
United States
Full-Time Employees
6,000

Key Metrics

P/E Ratio (TTM)
194.55
Forward P/E
32.53
Price to Book
17.42
Beta
1.27
Profit Margin
3.74%
Gross Margin
69.79%
Return on Equity
9.27%
Return on Assets
1.08%
Earnings Growth
-15.80%
Revenue Growth
16.00%

Financial Health

Total Cash
$1.53B
Total Debt
$228.40M
Debt to Equity
16.28
Current Ratio
1.65
Free Cash Flow
$429.02M
Operating Cash Flow
$820.59M

Analyst Recommendations

Target Price (Mean)
$92.53
Target High
$105.00
Target Low
$60.00
Recommendation
buy
Analyst Coverage
19 Analysts

Trading Ideas

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