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PSTG

29.61USD-0.64(-2.12%)Market Closed

Pure Storage Inc

Market Summary

USD29.61-0.64Market Closed
-2.12%

PSTG Stock Price

RSI Chart

Valuation

Market Cap

9.1B

Price/Earnings

-633.08

Price/Sales

3.59

Price/Cashflow

14.14

MarketCap/EBT

-4.4K

Price/Sales

Profitability

EBT Margin

-0.08%

Return on Equity

-1.89%

Return on Assets

-0.47%

Fundamentals

Revenue

Revenue (TTM)

2.5B

Revenue Y/Y

30.18%

Revenue Q/Q

4.25%

Earnings

Earnings (TTM)

-14.4M

Earnings Y/Y

124.13%

Earnings Q/Q

194.69%

Price Action

52 Week Range

36.71
(Low)(High)

Last 7 days

-2.8%

Last 30 days

-4.3%

Last 90 days

1.5%

Trailing 12 Months

-6.3%

Financial Health

Current Ratio

1.32

Investor Care

Shares Dilution (1Y)

4.86%

Diluted EPS (TTM)

-0.05

Peers (Alternatives to Pure Storage)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.4T
394.3B
2.09% -9.22%
23.61
5.98
7.79% 5.41%
28.2B
64.9B
9.86% -19.65%
4.48
0.44
4.49% 54.81%
15.1B
6.5B
-3.54% -24.31%
15.9
2.34
8.27% 56.58%
11.2B
17.5B
2.52% -37.75%
7.44
0.59
-3.17% -38.50%
10.6B
10.6B
7.03% -48.38%
9.22
1
-7.85% -28.76%
10.0B
5.2B
9.13% 6.65%
23.62
1.94
10.61% 181.21%
MID-CAP
9.1B
2.5B
-4.33% -6.30%
-633.08
3.59
39.26% 94.37%
3.6B
6.0B
7.25% 102.38%
12.61
0.69
57.15% 301.21%
2.9B
7.9B
16.45% -41.86%
34.88
0.37
16.53% 179.55%
2.2B
6.9B
13.40% -11.39%
-3.47
0.32
-3.45% -476.43%
SMALL-CAP
1.2B
556.2M
20.47% -53.89%
5.13
2.01
-12.75% -133.51%
185.0M
3.6B
-7.56% -74.76%
-0.44
0.05
-10.12% -412.98%
139.6M
386.8M
-5.22% -77.95%
-3.64
0.37
3.76% -22.37%
65.7M
71.9M
-8.03% -38.69%
43.87
0.95
23.75% -78.12%
14.1M
22.2M
14.52% -59.04%
6.75
0.57
2.03% -88.84%

Financials for Pure Storage

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue6.3%2,5382,3892,1811,9751,823
Gross Profit6.4%1,7211,6171,4731,3381,239
Operating Expenses3.4%1,6991,6441,5711,5131,461
  S&GA Expenses2.0%850834799766745
  R&D Expenses4.2%637612582550525
Earnings Before Taxes96.4%-2.07-58.36-128.50-197.50-241.57
Net Income79.6%-14.40-70.59-143.26-210.49-255.99
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets7.8%3,0502,8283,1352,8562,784
  Current Assets7.8%2,0211,8752,1921,9271,860
    Cash Equivalents43.3%653455466405340
  Inventory26.5%5241394447
  Net PPE5.9%220207195193184
  Goodwill0.8%361359359359359
Liabilities8.9%2,2892,1012,3812,1312,086
  Current Liabilities5.8%1,5251,441952780755
    LT Debt, Current0.1%573573---
    LT Debt, Non CurrentNaN%--787778771
Shareholder's Equity4.7%761727754724697
  Retained Earnings0.7%-1,610.75-1,621.67-98.10-1,723.21-1,694.48
  Additional Paid-In Capital-4.2%2,3682,4712,4482,388-
Accumulated Depreciation4.3%372357342337333
Shares Outstanding2.9%296287284--
Float-5,200----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations5.9%645609410341247
  Share Based Compensation4.4%313300287270254
Cashflow From Investing354.9%100-39.05-153.28-136.42-464.68
Cashflow From Financing-4.0%-432.02-415.33-127.79-64.31198
  Buy Backs6.9%253237200154119

Risks

What is the probability of a big loss on PSTG?

86.5%


Probability that Pure Storage stock will be more than 20% underwater in next one year

75.4%


Probability that Pure Storage stock will be more than 30% underwater in next one year.

44.2%


Probability that Pure Storage stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PSTG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Pure Storage was unfortunately bought at previous high price.

Returns

Cumulative Returns on PSTG

8.5%


7-Year Cumulative Returns

11.8%


5-Year Cumulative Returns

24.0%


3-Year Cumulative Returns

What are the long-term rolling returns for PSTG?

FIve years rolling returns for Pure Storage.

Which funds bought or sold PSTG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
NEW
-
312,000
312,000
0.01%
2022-11-22
CVA Family Office, LLC
-
-
1,000
9,000
-%
2022-11-22
Capital Impact Advisors, LLC
-
-
62,000
715,000
0.71%
2022-11-21
Parallax Volatility Advisers, L.P.
NEW
-
85,000
85,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
587,000
9,742,000
0.02%
2022-11-17
CENTRAL TRUST Co
UNCHANGED
-
5,000
86,000
-%
2022-11-17
M&T Bank Corp
-
-
29,000
253,000
-%
2022-11-16
GLENMEDE TRUST CO NA
ADDED
233.43
1,914,000
2,664,000
0.02%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
SOLD OFF
-100
-124,000
-
-%
2022-11-15
BURNEY CO/
REDUCED
-11.49
-85,000
1,396,000
0.08%

1–10 of 38

Latest Funds Activity

Are funds buying PSTG calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own PSTG

Pure Storage News

MarketWatch

Seagate Technology Holdings PLC stock outperforms competitors despite losses on the day.2 days ago

Investor's Business Daily

PSTG Fair Value

Pure Storage fair value in different scenarios

The table shows the Fair Value estimates for Pure Storage for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

2.06

-93.04%

4.26

-85.61%

9.58

-67.65%

19.38

-34.55%

38.88

31.31%

Current Inflation

1.91

-93.55%

3.85

-87.00%

8.45

-71.46%

16.88

-42.99%

33.54

13.27%

Very High Inflation

1.73

-94.16%

3.37

-88.62%

7.12

-75.95%

13.97

-52.82%

27.38

-7.53%

Historical Pure Storage Fair Value Estimates


Recent SEC filings of Pure Storage

View All Filings
Date Filed Form Type Document
Nov 30, 2022
8-K
Current Report
Sep 22, 2022
4
Insider Trading
Sep 22, 2022
4
Insider Trading
Sep 22, 2022
4
Insider Trading
Sep 22, 2022
4
Insider Trading
Sep 22, 2022
4
Insider Trading
Sep 15, 2022
10-Q
Quarterly Report
Sep 14, 2022
4
Insider Trading
Aug 31, 2022
8-K
Current Report

Latest Insider Trading transactions for PSTG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-09-20
Colgrove John
SOLD (Taxes)
-479,224
28.14
-17,030
Chief Visionary Officer
2022-09-20
Singh Ajay
SOLD (Taxes)
-473,062
28.14
-16,811
Chief Product Officer
2022-09-20
Chu Mona
SOLD (Taxes)
-78,848.3
28.14
-2,802
Chief Accounting Officer
2022-09-20
Giancarlo Charles H
SOLD (Taxes)
-1,202,030
28.14
-42,716
CEO
2022-09-20
Krysler P. Kevan
SOLD (Taxes)
-849,800
28.14
-30,199
Chief Financial Officer
2022-09-12
Brown Andrew William Fraser
SOLD
-381,397
30.181
-12,637
-
2022-06-20
Singh Ajay
SOLD (Taxes)
-425,823
25.33
-16,811
Chief Product Officer
2022-06-20
Krysler P. Kevan
SOLD (Taxes)
-764,941
25.33
-30,199
Chief Financial Officer
2022-06-20
Chu Mona
SOLD (Taxes)
-64,388.9
25.33
-2,542
Chief Accounting Officer
2022-06-20
Giancarlo Charles H
SOLD (Taxes)
-1,082,000
25.33
-42,716
CEO

1–10 of 50

PSTG Income Statement

2022-08-07
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Aug. 07, 2022
Aug. 01, 2021
Aug. 07, 2022
Aug. 01, 2021
Revenue$ 646,772$ 496,831$ 1,267,177$ 909,538
Cost of revenue203,204156,804397,183287,645
Gross profit443,568340,027869,994621,893
Operating expenses:    
Research and development165,690140,107326,963271,488
Sales and marketing206,836190,386424,989373,882
General and administrative56,67943,464108,24686,610
Total operating expenses429,205373,957860,198731,980
Income (loss) from operations14,363(33,930)9,796(110,087)
Other income (expense), net585(7,410)(5,596)(12,137)
Income (loss) before provision for income taxes14,948(41,340)4,200(122,224)
Provision for income taxes4,0263,9254,8137,247
Net income (loss)$ 10,922$ (45,265)$ (613)$ (129,471)
Net income (loss) per share attributable to common stockholders, basic (in dollars per share)$ 0.04$ (0.16)$ (0.00)$ (0.46)
Net income (loss) per share attributable to common stockholders, diluted (in dollars per share)$ 0.03$ (0.16)$ (0.00)$ (0.46)
Weighted-average shares used in computing net income (loss) per share attributable to common stockholders, basic (in shares)297,475283,931296,659282,147
Weighted-average shares used in computing net income (loss) per share attributable to common stockholders, diluted (in shares)312,720283,931296,659282,147
Product    
Revenue$ 414,603$ 324,935$ 815,764$ 574,823
Cost of revenue134,292101,150259,776180,214
Subscription services    
Revenue232,169171,896451,413334,715
Cost of revenue$ 68,912$ 55,654$ 137,407$ 107,431

PSTG Balance Sheet

2022-08-07
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 07, 2022
Feb. 06, 2022
Current assets:  
Cash and cash equivalents$ 652,567$ 466,199
Marketable securities709,889947,073
Accounts receivable, net of allowance of $945 and $1,077402,007542,144
Inventory52,26538,942
Deferred commissions, current70,91881,589
Prepaid expenses and other current assets133,360116,232
Total current assets2,021,0062,192,179
Property and equipment, net219,559195,282
Operating lease right-of-use assets172,392111,763
Deferred commissions, non-current164,763164,718
Intangible assets, net57,53762,646
Goodwill361,427358,736
Restricted cash10,54410,544
Other assets, non-current42,63139,447
Total assets3,049,8593,135,315
Current liabilities:  
Accounts payable64,00570,704
Accrued compensation and benefits150,924205,431
Accrued expenses and other liabilities93,75278,511
Operating lease liabilities, current33,87235,098
Deferred revenue, current609,549562,576
Debt, current573,2050
Total current liabilities1,525,307952,320
Long-term debt0786,779
Operating lease liabilities, non-current150,71193,479
Deferred revenue, non-current569,142517,296
Other liabilities, non-current43,34131,105
Total liabilities2,288,5012,380,979
Commitments and contingencies (Note 7)
Stockholders’ equity:  
Preferred stock, par value of $0.0001 per share— 20,000 shares authorized; no shares issued and outstanding00
Class A and Class B common stock, par value of $0.0001 per share— 2,250,000 (Class A 2,000,000, Class B 250,000) shares authorized; 292,633 and 298,801 Class A shares issued and outstanding3029
Additional paid-in capital2,392,1732,470,943
Accumulated other comprehensive loss(20,099)(8,365)
Accumulated deficit(1,610,746)(1,708,271)
Total stockholders’ equity761,358754,336
Total liabilities and stockholders’ equity$ 3,049,859$ 3,135,315