Pure Storage Stock Today

PSTG Stock  USD 61.30  2.57  4.02%   

Performance

OK

 
Weak
 
Strong

Odds Of Distress

Low

 
High
 
Low
Pure Storage is trading at 61.30 as of the 25th of February 2025. This is a 4.02 percent decrease since the beginning of the trading day. The stock's lowest day price was 60.4. Pure Storage has only a 6 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. The performance scores are derived for the period starting the 28th of October 2024 and ending today, the 25th of February 2025. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
Category
Technology
Classification
Information Technology
Pure Storage, Inc. provides data storage technologies, products, and services in the United States and internationally. Pure Storage, Inc. was incorporated in 2009 and is headquartered in Mountain View, California. Pure Storage operates under Computer Hardware classification in the United States and is traded on New York Stock Exchange. The company has 326.24 M outstanding shares of which 12.42 M shares are at this time shorted by private and institutional investors with about 4.94 trading days to cover. More on Pure Storage

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Pure Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanCharles Giancarlo
Thematic Ideas
Showing 3 out of 4 themes
Business ConcentrationTechnology Hardware, Storage & Peripherals, Technology Hardware & Equipment, Information Technology, NYSE Composite, ISE Cloud Computing, SP Midcap 400, ARCA Computer Technology, Artificial Intelligence, Driverless Cars, Computers, Disruptive Technologies, Information Technology, Technology Hardware, Storage & Peripherals, Computer Hardware, Technology, Cloud Computing (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.520.5973
Fairly Down
Pretty Stable
Gross Profit Margin0.510.6822
Way Down
Slightly volatile
Total Current Liabilities1.6 B1.6 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total758.4 M1.2 B
Way Down
Slightly volatile
Total Assets4.4 B4.2 B
Sufficiently Up
Slightly volatile
Total Current Assets1.6 B2.9 B
Way Down
Slightly volatile
Debt Levels
Pure Storage can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Pure Storage's financial leverage. It provides some insight into what part of Pure Storage's total assets is financed by creditors.
Liquidity
Pure Storage currently holds 272.25 M in liabilities with Debt to Equity (D/E) ratio of 1.0, which is about average as compared to similar companies. Pure Storage has a current ratio of 1.3, suggesting that it may have difficulties to pay its financial obligations when due. Note, when we think about Pure Storage's use of debt, we should always consider it together with its cash and equity.

Change In Cash

145.79 Million
Pure Storage (PSTG) is traded on New York Stock Exchange in USA. It is located in 2555 Augustine Drive, Santa Clara, CA, United States, 95054 and employs 5,600 people. Pure Storage is listed under Technology Hardware, Storage & Peripherals category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 20.84 B. Pure Storage conducts business under Technology Hardware, Storage & Peripherals sector and is part of Information Technology industry. The entity has 326.24 M outstanding shares of which 12.42 M shares are at this time shorted by private and institutional investors with about 4.94 trading days to cover. Pure Storage currently holds about 1.36 B in cash with 677.72 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.56.
Check Pure Storage Probability Of Bankruptcy
Ownership Allocation
Pure Storage owns a total of 326.24 Million outstanding shares. The majority of Pure Storage outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Pure Storage to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Pure Storage. Please pay attention to any change in the institutional holdings of Pure Storage as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Pure Ownership Details

Pure Stock Institutional Holders

InstituionRecorded OnShares
Bnp Paribas Investment Partners Sa2024-12-31
4.1 M
Renaissance Technologies Corp2024-12-31
3.7 M
Norges Bank2024-12-31
3.5 M
Bank Of New York Mellon Corp2024-12-31
3.5 M
Morgan Stanley - Brokerage Accounts2024-12-31
3.5 M
Blair William & Co2024-12-31
3.4 M
Artisan Partners Limited Partnership2024-12-31
3.4 M
First Trust Advisors L.p.2024-12-31
3.1 M
Northern Trust Corp2024-12-31
2.9 M
Fmr Inc2024-12-31
49.2 M
Blackrock Inc2024-12-31
38.2 M
View Pure Storage Diagnostics

Pure Storage Historical Income Statement

At this time, Pure Storage's Total Revenue is most likely to increase significantly in the upcoming years. The Pure Storage's current Gross Profit is estimated to increase to about 2.4 B, while Selling And Marketing Expenses is projected to decrease to roughly 594.3 M. View More Fundamentals

Pure Stock Against Markets

Pure Storage Corporate Directors

Anita SandsIndependent DirectorProfile
Jeffrey RothschildIndependent DirectorProfile
John ColgroveFounder, Chief Technology Officer, DirectorProfile
Mark GarrettIndependent DirectorProfile
When determining whether Pure Storage is a strong investment it is important to analyze Pure Storage's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pure Storage's future performance. For an informed investment choice regarding Pure Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pure Storage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Pure Stock please use our How to Invest in Pure Storage guide.
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Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pure Storage. If investors know Pure will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pure Storage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.1)
Earnings Share
0.39
Revenue Per Share
9.512
Quarterly Revenue Growth
0.089
Return On Assets
0.0231
The market value of Pure Storage is measured differently than its book value, which is the value of Pure that is recorded on the company's balance sheet. Investors also form their own opinion of Pure Storage's value that differs from its market value or its book value, called intrinsic value, which is Pure Storage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pure Storage's market value can be influenced by many factors that don't directly affect Pure Storage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pure Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pure Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pure Storage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.