Market Summary
USD23.77-0.35
Delayed-1.45%
PSTG Alerts
PSTG Stock Price
PSTG RSI Chart
PSTG Valuation
PSTG Price/Sales (Trailing)
PSTG Profitability
PSTG Fundamentals
PSTG Revenue
PSTG Earnings
Price Action
52 Week Range
21.9036.71
(Low)(High)
Last 7 days
-1.5%
Last 30 days
-18.3%
Last 90 days
-10.8%
Trailing 12 Months
-33.5%
PSTG Financial Health
PSTG Investor Care
Peers (Alternatives to Pure Storage)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
AAPL | 2.5T | 387.5B | 7.62% | -7.52% | 26.68 | 6.55 | 2.44% | -5.35% |
HPQ | 27.3B | 59.8B | -4.68% | -27.60% | 10.49 | 0.46 | -7.84% | -60.07% |
NTAP | 13.1B | 6.5B | -7.25% | -27.70% | 10.15 | 2.02 | 4.33% | 27.27% |
STX | 12.7B | 9.4B | -7.15% | -33.72% | 20.55 | 1.36 | -21.90% | -66.38% |
WDC | 11.2B | 15.8B | -10.89% | -30.18% | -120.95 | 0.71 | -16.84% | -104.67% |
| MID-CAP | ||||||||
JNPR | 10.6B | 5.3B | 4.48% | -7.74% | 22.4 | 1.99 | 11.95% | 86.39% |
PSTG | 7.2B | 2.7B | -18.26% | -33.47% | 528.27 | 2.7 | 34.27% | 106.43% |
SMCI | 5.9B | 6.6B | 27.82% | 160.72% | 10.23 | 0.89 | 59.38% | 362.85% |
NCR | 3.0B | 7.8B | -16.50% | -46.84% | 50.28 | 0.38 | 9.61% | -38.14% |
XRX | 2.3B | 7.1B | -9.97% | -24.02% | -7.08 | 0.32 | 0.98% | 29.23% |
| SMALL-CAP | ||||||||
DDD | 1.3B | 556.2M | -5.24% | -37.58% | -12.78 | 2.38 | -12.75% | -133.51% |
QMCO | 91.3M | 402.6M | -20.97% | -57.94% | -2.84 | 0.23 | 8.80% | 23.40% |
DBD | 64.4M | 3.6B | -72.46% | -88.58% | -0.14 | 0.02 | -10.12% | -413.74% |
OSS | 51.7M | 71.9M | -14.00% | -37.68% | 79.68 | 0.72 | 23.75% | -78.12% |
SCKT | 14.0M | 22.2M | -7.55% | -49.35% | 24.78 | 0.63 | 2.03% | -88.84% |
Financials for Pure Storage
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 4.5% | 2,652 | 2,538 | 2,389 | 2,181 | 1,975 |
| Gross Profit | 5.3% | 1,812 | 1,721 | 1,617 | 1,473 | 1,338 |
| Operating Expenses | 3.8% | 1,763 | 1,699 | 1,644 | 1,571 | 1,513 |
| S&GA Expenses | 2.2% | 869 | 850 | 834 | 799 | 766 |
| R&D Expenses | 5.1% | 670 | 637 | 612 | 582 | 550 |
| EBITDA | 38.3% | 128 | 93.00 | 25.00 | - | - |
| EBITDA Margin | 32.4% | 0.05* | 0.04* | 0.01* | - | - |
| Earnings Before Taxes | 1561.3% | 30.00 | -2.07 | -58.36 | -128 | -197 |
| EBT Margin | 1499.3% | 0.01* | 0.00* | -0.02* | - | - |
| Interest Expenses | -30.9% | 2.00 | 3.00 | 4.00 | 5.00 | 5.00 |
| Net Income | 194.0% | 14.00 | -14.40 | -70.59 | -143 | -210 |
| Net Income Margin | 190.0% | 0.01* | -0.01* | -0.03* | - | - |
| Free Cahsflow | 2.5% | 553 | 540 | 502 | - | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 6.7% | 3,253 | 3,050 | 2,828 | 3,135 | 2,856 |
| Current Assets | 9.3% | 2,209 | 2,021 | 1,875 | 2,192 | 1,927 |
| Cash Equivalents | 22.0% | 796 | 653 | 455 | 466 | 405 |
| Inventory | 14.3% | 60.00 | 52.00 | 41.00 | 39.00 | 44.00 |
| Goodwill | 0% | 361 | 361 | 359 | 359 | 359 |
| Liabilities | 5.4% | 2,412 | 2,289 | 2,101 | 2,381 | 2,131 |
| Current Liabilities | 6.4% | 1,623 | 1,525 | 1,441 | 952 | 780 |
| LT Debt, Current | 0.1% | 574 | 573 | 573 | - | - |
| LT Debt, Non Current | NaN% | - | - | - | 787 | 778 |
| Shareholder's Equity | 10.4% | 841 | 761 | 727 | 754 | 724 |
| Retained Earnings | 0.0% | -1,611 | -1,610 | -1,621 | -98.10 | -1,723 |
| Additional Paid-In Capital | 3.5% | 2,476 | 2,392 | 2,368 | 2,471 | 2,448 |
| Accumulated Depreciation | 4.3% | 372 | 357 | 342 | 337 | - |
| Shares Outstanding | 1.2% | 301 | 297 | 296 | 287 | - |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 4.3% | 672 | 645 | 609 | 410 | 341 |
| Share Based Compensation | 3.5% | 324 | 313 | 300 | 287 | 270 |
| Cashflow From Investing | 41.8% | 141 | 100 | -39.05 | -153 | -136 |
| Cashflow From Financing | 2.2% | -422 | -432 | -415 | -127 | -64.31 |
| Buy Backs | -12.5% | 221 | 253 | 237 | 200 | 154 |
Risks for PSTG
What is the probability of a big loss on PSTG?
90%
Probability that Pure Storage stock will be more than 20% underwater in next one year
81.5%
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.
Drawdowns
Returns for PSTG
Cumulative Returns on PSTG
8.9%
7-Year Cumulative Returns
4.5%
5-Year Cumulative Returns
24.4%
3-Year Cumulative Returns
What are the long-term rolling returns for PSTG?
FIve years rolling returns for Pure Storage.
Annualized Returns
Which funds bought or sold PSTG recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 34.15 | 350,386 | 1,475,390 | -% |
2023-03-10 | BAILLIE GIFFORD & CO | unchanged | - | -1,275 | 35,725 | -% |
2023-03-06 | Rockefeller Capital Management L.P. | added | 28.06 | 22,000 | 108,000 | -% |
2023-02-28 | Voya Investment Management LLC | added | 1.17 | 2,318,220 | 42,447,200 | 0.06% |
2023-02-27 | ST GERMAIN D J CO INC | new | - | 23,281 | 23,281 | 0.01% |
2023-02-27 | Parallax Volatility Advisers, L.P. | added | 73.61 | 59,718 | 144,718 | -% |
2023-02-24 | NATIXIS | added | 23.46 | 3,715,870 | 21,656,900 | 0.12% |
2023-02-24 | SRS Capital Advisors, Inc. | new | - | 401 | 401 | -% |
2023-02-23 | Portman Square Capital LLP | new | - | 324,224 | 324,224 | 0.02% |
2023-02-22 | CVA Family Office, LLC | added | 8.96 | 767 | 9,767 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
PSTG Alerts
Pure Storage News
Schedule 13G FIlings of Pure Storage
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | price t rowe associates inc /md/ | 3.5% | 10,484,215 | SC 13G/A | |
| Feb 13, 2023 | champlain investment partners, llc | 4.57% | 13,838,808 | SC 13G/A | |
| Feb 09, 2023 | william blair investment management, llc | 1.6% | 4,726,730 | SC 13G/A | |
| Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 9.18% | 27,762,874 | SC 13G/A | |
| Feb 07, 2023 | blackrock inc. | 5.1% | 15,495,310 | SC 13G | |
| Feb 14, 2022 | price t rowe associates inc /md/ | 5.1% | 14,865,405 | SC 13G/A | |
| Feb 11, 2022 | champlain investment partners, llc | 5.97% | 17,317,710 | SC 13G/A | |
| Feb 11, 2022 | colgrove john | 4.99% | 14,663,703 | SC 13G/A | |
| Jan 10, 2022 | fmr llc | - | 0 | SC 13G/A |
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 Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 1.67 -92.97% | 3.40 -85.70% | 6.70 -71.81% | 14.41 -39.38% | 25.35 6.65% |
| Current Inflation | 1.57 -93.40% | 3.11 -86.92% | 5.97 -74.88% | 12.59 -47.03% | 21.93 -7.74% |
| Very High Inflation | 1.43 -93.98% | 2.75 -88.43% | 5.10 -78.54% | 10.46 -55.99% | 17.97 -24.40% |
Historical Pure Storage Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Pure Storage
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 22, 2023 | 4 | Insider Trading | |
| Mar 22, 2023 | 4 | Insider Trading | |
| Mar 22, 2023 | 4 | Insider Trading | |
| Mar 22, 2023 | 4 | Insider Trading | |
| Mar 22, 2023 | 4 | Insider Trading | |
| Mar 22, 2023 | 4 | Insider Trading | |
| Mar 16, 2023 | 4 | Insider Trading | |
| Mar 16, 2023 | 4 | Insider Trading | |
| Mar 16, 2023 | 4 | Insider Trading | |
| Mar 16, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for PSTG
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-21 | FitzSimons Dan | sold | -697,577 | 24.4927 | -28,481 | chief revenue officer |
2023-03-20 | Krysler P. Kevan | sold (taxes) | -1,363,510 | 24.05 | -56,695 | chief financial officer |
2023-03-20 | Giancarlo Charles H | sold (taxes) | -2,688,810 | 24.05 | -111,801 | ceo |
2023-03-20 | Chu Mona | sold (taxes) | -66,161 | 24.05 | -2,751 | chief accounting officer |
2023-03-20 | Colgrove John | sold (taxes) | -897,065 | 24.05 | -37,300 | chief visionary officer |
2023-03-20 | FitzSimons Dan | sold (taxes) | -849,783 | 24.05 | -35,334 | chief revenue officer |
2023-03-20 | Singh Ajay | sold (taxes) | -890,716 | 24.05 | -37,036 | chief product officer |
2023-03-14 | Colgrove John | acquired | - | - | 159,543 | chief visionary officer |
2023-03-14 | Singh Ajay | acquired | - | - | 159,543 | chief product officer |
2023-03-14 | Krysler P. Kevan | acquired | - | - | 159,543 | chief financial officer |
About Pure Storage
PSTG Income Statement
2022-11-06Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Nov. 06, 2022 | Oct. 31, 2021 | Nov. 06, 2022 | Oct. 31, 2021 | |
| Revenue | $ 676,050 | $ 562,740 | $ 1,943,227 | $ 1,472,278 |
| Cost of revenue | 209,715 | 187,948 | 606,898 | 475,593 |
| Gross profit | 466,335 | 374,792 | 1,336,329 | 996,685 |
| Operating expenses: | ||||
| Research and development | 180,008 | 147,808 | 506,971 | 419,296 |
| Sales and marketing | 212,140 | 193,172 | 637,129 | 567,054 |
| General and administrative | 65,054 | 51,890 | 173,300 | 138,500 |
| Total operating expenses | 457,202 | 392,870 | 1,317,400 | 1,124,850 |
| Income (loss) from operations | 9,133 | (18,078) | 18,929 | (128,165) |
| Other income (expense), net | (2,814) | (7,953) | (8,410) | (20,090) |
| Income (loss) before provision for income taxes | 6,319 | (26,031) | 10,519 | (148,255) |
| Provision for income taxes | 7,106 | 2,700 | 11,919 | 9,947 |
| Net loss | $ (787) | $ (28,731) | $ (1,400) | $ (158,202) |
| Net loss per share attributable to common stockholders, basic (in dollars per share) | $ (0.00) | $ (0.10) | $ (0.00) | $ (0.56) |
| Net loss per share attributable to common stockholders, diluted (in dollars per share) | $ (0.00) | $ (0.10) | $ (0.00) | $ (0.56) |
| Weighted-average shares used in computing net loss per share attributable to common stockholders, basic (in shares) | 300,984 | 287,462 | 298,101 | 283,918 |
| Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted (in shares) | 300,984 | 287,462 | 298,101 | 283,918 |
| Product | ||||
| Revenue | $ 431,281 | $ 374,913 | $ 1,247,045 | $ 949,736 |
| Cost of revenue | 135,546 | 129,721 | 395,322 | 309,935 |
| Subscription services | ||||
| Revenue | 244,769 | 187,827 | 696,182 | 522,542 |
| Cost of revenue | $ 74,169 | $ 58,227 | $ 211,576 | $ 165,658 |
PSTG Balance Sheet
2022-11-06Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Nov. 06, 2022 | Feb. 06, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 795,931 | $ 466,199 |
| Marketable securities | 669,173 | 947,073 |
| Accounts receivable, net of allowance of $945 and $1,053 | 435,618 | 542,144 |
| Inventory | 59,716 | 38,942 |
| Deferred commissions, current | 69,397 | 81,589 |
| Prepaid expenses and other current assets | 178,838 | 116,232 |
| Total current assets | 2,208,673 | 2,192,179 |
| Property and equipment, net | 248,606 | 195,282 |
| Operating lease right-of-use assets | 163,676 | 111,763 |
| Deferred commissions, non-current | 165,735 | 164,718 |
| Intangible assets, net | 53,379 | 62,646 |
| Goodwill | 361,427 | 358,736 |
| Restricted cash | 10,544 | 10,544 |
| Other assets, non-current | 40,785 | 39,447 |
| Total assets | 3,252,825 | 3,135,315 |
| Current liabilities: | ||
| Accounts payable | 102,879 | 70,704 |
| Accrued compensation and benefits | 159,231 | 205,431 |
| Accrued expenses and other liabilities | 108,972 | 78,511 |
| Operating lease liabilities, current | 31,114 | 35,098 |
| Deferred revenue, current | 647,116 | 562,576 |
| Debt, current | 573,855 | 0 |
| Total current liabilities | 1,623,167 | 952,320 |
| Long-term debt | 0 | 786,779 |
| Operating lease liabilities, non-current | 147,110 | 93,479 |
| Deferred revenue, non-current | 601,103 | 517,296 |
| Other liabilities, non-current | 40,937 | 31,105 |
| Total liabilities | 2,412,317 | 2,380,979 |
| Commitments and contingencies (Note 7) | ||
| Stockholders’ equity: | ||
| Preferred stock, par value of $0.0001 per share— 20,000 shares authorized; no shares issued and outstanding | 0 | 0 |
| 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 302,669 Class A shares issued and outstanding | 30 | 29 |
| Additional paid-in capital | 2,475,764 | 2,470,943 |
| Accumulated other comprehensive loss | (23,753) | (8,365) |
| Accumulated deficit | (1,611,533) | (1,708,271) |
| Total stockholders’ equity | 840,508 | 754,336 |
| Total liabilities and stockholders’ equity | $ 3,252,825 | $ 3,135,315 |