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PSTG

Pure Storage Inc

PSTG

33.16USD+0.65 (+2.00%)Market Closed
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Market Summary

USD33.16+0.65
Market Closed
2.00%

PSTG Stock Price

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PSTG RSI Chart

PSTG Valuation

Market Cap

10.3B

Price/Earnings (Trailing)

-12.3K

Price/Sales (Trailing)

3.71

EV/EBITDA

68.25

Price/Free Cashflow

22.51

PSTG Price/Sales (Trailing)

PSTG Profitability

EBT Margin

1.01%

Return on Equity

-0.08%

Return on Assets

-0.03%

Free Cashflow Yield

4.44%

PSTG Fundamentals

PSTG Revenue

Revenue (TTM)

2.8B

Revenue Y/Y

6.48%

Revenue Q/Q

16.86%

PSTG Earnings

Earnings (TTM)

-832.0K

Earnings Y/Y

-165.14%

Earnings Q/Q

89.44%

Price Action

Last 7 days

0.0%

Last 30 days

-6.2%

Last 90 days

-15.2%

Trailing 12 Months

13.8%

How does PSTG drawdown profile look like?

PSTG Financial Health

Current Ratio

1.7

PSTG Investor Care

Shares Dilution (1Y)

4.05%

Diluted EPS (TTM)

-0.01

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20232.8B2.7B2.8B0
20222.2B2.4B2.5B2.7B
20211.7B1.7B1.8B2.0B
20201.6B1.7B1.7B1.7B
20191.4B1.4B1.5B1.6B
20181.0B1.1B1.2B1.3B
2017728.0M770.7M832.1M912.8M
2016440.3M506.2M584.8M650.3M
2015174.5M224.1M273.8M356.0M
201442.7M75.7M108.6M141.5M

Latest Insider Trading transactions for PSTG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Dec 06, 2023
tomb gregory
sold
-275,692
32.53
-8,475
-
Sep 20, 2023
fitzsimons dan
sold (taxes)
-602,449
35.98
-16,744
chief revenue officer
Sep 20, 2023
giancarlo charles h
sold (taxes)
-1,573,730
35.98
-43,739
ceo
Sep 20, 2023
chu mona
sold (taxes)
-126,470
35.98
-3,515
chief accounting officer
Sep 20, 2023
krysler p. kevan
sold (taxes)
-1,046,080
35.98
-29,074
chief financial officer
Sep 20, 2023
singh ajay
sold (taxes)
-842,112
35.98
-23,405
chief product officer
Sep 20, 2023
colgrove john
sold (taxes)
-550,890
35.98
-15,311
chief visionary officer
Jul 17, 2023
chu mona
sold
-207,346
38.49
-5,387
chief accounting officer
Jul 11, 2023
yen mallun
sold
-474,185
37.95
-12,495
-
Jun 26, 2023
brown andrew william fraser
sold
-325,957
35.8313
-9,097
-

1–10 of 50

Which funds bought or sold PSTG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 06, 2023
VisionPoint Advisory Group, LLC
new
-
1,923
1,923
-%
Dec 06, 2023
Raleigh Capital Management Inc.
added
47.36
7,710
25,825
0.01%
Dec 06, 2023
CITIGROUP INC
reduced
-41.61
-1,255,430
1,629,940
-%
Dec 04, 2023
TUCKER ASSET MANAGEMENT LLC
sold off
-100
-20,472
-
-%
Nov 28, 2023
IMA Wealth, Inc.
unchanged
-
-38,040
1,129,150
0.29%
Nov 27, 2023
BANQUE PICTET & CIE SA
reduced
-3.18
-107,363
1,587,940
0.02%
Nov 24, 2023
DEUTSCHE BANK AG\
added
238
1,906,470
2,743,020
-%
Nov 24, 2023
EP Wealth Advisors, LLC
sold off
-100
-478,660
-
-%
Nov 22, 2023
Polar Capital Holdings Plc
added
33.81
32,972,400
144,926,000
1.07%
Nov 22, 2023
Graham Capital Management, L.P.
new
-
240,150
240,150
0.01%

1–10 of 39

Latest Funds Activity

Are funds buying PSTG calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own PSTG
No. of Funds

Schedule 13G FIlings of Pure Storage Inc

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jul 07, 2023
blackrock inc.
4.99%
15,361,134
SC 13G/A
Jun 09, 2023
vanguard group inc
10.04%
30,937,974
SC 13G/A
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

Recent SEC filings of Pure Storage Inc

View All Filings
Date Filed Form Type Document
Dec 07, 2023
4
Insider Trading
Dec 06, 2023
144
Notice of Insider Sale Intent
Nov 29, 2023
8-K
Current Report
Sep 22, 2023
4
Insider Trading
Sep 22, 2023
4
Insider Trading
Sep 22, 2023
4
Insider Trading
Sep 22, 2023
4
Insider Trading
Sep 22, 2023
4
Insider Trading
Sep 22, 2023
4
Insider Trading
Sep 14, 2023
10-Q
Quarterly Report

PSTG Fair Value

Loading...

Peers (Alternatives to Pure Storage Inc)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
195.9B
58.0B
-8.72% -1.25%
14.42
3.38
10.99% 18.08%
69.7B
5.6B
6.94% 74.93%
36.67
12.46
42.37% 63.21%
29.1B
54.7B
8.23% 3.41%
12.84
0.53
-15.60% -63.99%
20.8B
29.7B
3.11% -0.37%
19.3
0.7
5.99% -71.03%
14.1B
4.3B
9.94% 48.07%
36.89
3.3
-17.60% -23.88%
MID-CAP
9.2B
5.6B
8.05% -10.66%
25.23
1.64
9.63% -13.51%
7.4B
1.9B
13.97% -56.95%
18.22
3.83
14.71% 7.65%
3.1B
2.6B
11.27% -6.05%
11.59
1.18
2.37% 86.30%
3.0B
1.8B
2.71% -20.97%
-14.82
1.67
3.18% -270.17%
2.2B
1.4B
2.66% -16.45%
23.4
1.61
19.75% 113.24%
SMALL-CAP
677.1M
218.8M
100.61% 806.42%
-10.84
3.09
1.45% -2.89%
479.0M
1.3B
15.72% -70.02%
-4.71
0.37
56.06% -125.35%
110.5M
148.3M
10.67% 27.69%
33.02
0.74
12.07% 519.63%
40.6M
28.6M
-3.45% -84.05%
-0.63
1.42
49.91% 1.03%
34.9M
65.9M
5.36% -53.55%
-3.43
0.53
-6.12% -0.78%

Pure Storage Inc News

Latest updates
MarketBeat07 Dec 202311:37 pm2 days ago
DirectorsTalk Interviews07 Dec 202303:26 pm2 days ago
Marketscreener.com07 Dec 202302:01 pm2 days ago
MarketBeat07 Dec 202311:52 am2 days ago
Marketscreener.com05 Dec 202302:01 pm4 days ago
finanznachrichten.de03 Dec 202301:45 pm6 days ago
MarketBeat02 Dec 202304:16 pm7 days ago
Benzinga Italia01 Dec 202302:31 pm8 days ago
Nasdaq01 Dec 202311:02 am8 days ago
InvestorsObserver30 Nov 202307:25 pm9 days ago
Barre Montpelier Times Argus30 Nov 202306:58 pm9 days ago
Schaeffers Research30 Nov 202304:44 pm9 days ago
Barchart30 Nov 202310:41 am9 days ago
InvestorsObserver30 Nov 202308:00 am9 days ago
Investopedia30 Nov 202308:00 am9 days ago

Financials for Pure Storage Inc

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue16.9%688,671589,307810,207676,050646,772620,405708,570562,740496,831412,707502,718410,619403,723367,119492,004428,409396,327326,700422,216372,779308,884
Gross Profit17.7%486,593413,347561,317466,335443,568426,426475,834374,792340,027281,866340,857276,516274,726256,825348,210300,638268,319216,387280,696249,120206,165
Operating Expenses1.6%492,821485,161496,733457,202429,205430,993446,067392,870373,957358,023387,676341,730338,845341,706348,904328,898333,224313,811305,656276,337261,371
  S&GA Expenses0.1%232,732232,446246,480212,140206,836218,153231,947193,172190,386183,496198,865172,282171,434173,433190,389184,819186,188166,626171,092146,903143,749
  R&D Expenses-1.5%182,492185,331185,557180,008165,690161,273162,639147,808140,107131,381130,388122,981114,652112,446114,904106,663107,020105,07596,63090,78384,031
EBITDA Margin-5.7%0.05*0.06*0.07*0.05*0.04*0.01*-0.02*-0.06*-0.09*-0.11*-0.12*-0.09*-0.06*-0.06*-------
Interest Expenses348.5%1,74939034.0040927.007151,0871,4121,0651,4551,217703-359-359-359-371-
Income Taxes3.2%7,5737,3366,8187,1064,0267874,8162,7003,9253,3223,0474,1212,4512,2973,0331,7314611,096699-1,926885
Earnings Before Taxes100.8%458-60,06581,2896,31914,948-10,74819,759-26,031-41,340-80,884-49,246-70,101-62,516-88,297-1,618-28,251-65,557-99,240-25,056-30,106-59,238
EBT Margin-35.1%0.01*0.02*0.03*0.01*0.00*-0.02*-0.06*-0.10*-0.13*-0.15*-0.16*-0.13*-0.11*-0.11*-------
Net Income89.4%-7,115-67,40174,471-78710,922-11,53514,943-28,731-45,265-84,206-52,293-74,222-64,967-90,594-4,651-29,982-66,018-100,336-25,755-28,180-60,123
Net Income Margin-104.8%0.00*0.01*0.03*0.01*-0.01*-0.03*-0.07*-0.11*-0.14*-0.16*-0.17*-0.14*-0.11*-0.11*-------
Free Cashflow-61.8%46,513121,823172,797114,780134,196187,322117,171101,32895,722-6,38147,7017,93225,71211,321-------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets5.9%3,1342,9593,5433,2533,0502,8283,1352,8562,7842,6982,8192,6532,3222,2552,3642,1932,1162,0691,9731,8111,646
  Current Assets9.3%2,0411,8682,4752,2092,0211,8752,1921,9271,8601,7841,9081,7431,8121,7581,8901,7221,6501,6071,7021,5691,450
    Cash Equivalents8.1%409378581796653455477405340301337264356348378304269287464407370
  Inventory-8.3%47.0052.0050.0060.0052.0041.0039.0044.0047.0049.0047.0043.0036.0039.0039.0040.0036.0046.0045.0051.0042.00
  Net PPE----------172163158145136123130131129125115102
  Goodwill0%36136136136136135935935935935935932138.0038.0038.0036.0036.0027.0011.0011.00-
Liabilities4.6%2,1482,0532,6022,4122,2892,1012,3812,1312,0861,9822,0691,9181,5761,4981,5341,4151,3781,3251,2351,1091,002
  Current Liabilities8.8%1,2041,1061,7501,6231,5251,441952780755670761659607563615520515480510431360
    LT Debt, Current---575574573573---------------
    LT Debt, Non Current0%100100----787778771763756748--477------
Shareholder's Equity8.9%986906941841761727754724697715750735746757830778738744738702644
  Retained Earnings-0.4%-1,611-1,604-1,537-1,611-1,610-1,621-1,708-1,723-1,694-1,649-1,565-1,512-1,438-1,373-1,282-1,278-1,248-1,182-1,081-1,056-1,028
  Additional Paid-In Capital3.5%2,6102,5212,4942,4762,3922,3682,4712,4482,3882,3602,3082,2392,1722,1202,1082,0511,9821,9251,8201,7621,675
Shares Outstanding1.2%310306-301297296-287284280268269265263253255251245232235227
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-41.3%10217323315515922013812712321.0069.0033.0051.0035.0070.0064.0049.007.0081.0057.008.00
  Share Based Compensation14.9%89.0078.0083.0087.0084.0075.0079.0076.0070.0061.0063.0060.0061.0059.0052.0054.0058.0062.0055.0058.0054.00
Cashflow From Investing-145.6%-68.90151-381-3.4998.0066.00-19.12-45.10-40.95-48.11-2.26-373-33.58-8.91-12.06-45.17-68.93-198-43.24-42.24-393
Cashflow From Financing99.6%-2.11-527-66.42-7.84-59.69-297-57.61-17.50-43.00-9.676.00245-9.11-41.250.0016.001.0032.004.0022.0019.00
  Buy Backs-68.6%22.0070.0068.0025.0061.0066.0070.0056.0044.0030.0024.0021.0020.0070.0015.00------

PSTG Income Statement

2023-08-06
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Aug. 06, 2023
Aug. 07, 2022
Aug. 06, 2023
Aug. 07, 2022
Total revenue$ 688,671$ 646,772$ 1,277,978$ 1,267,177
Total cost of revenue202,078203,204378,038397,183
Gross profit486,593443,568899,940869,994
Operating expenses:    
Research and development182,492165,690367,823326,963
Sales and marketing232,732206,836465,178424,989
General and administrative60,83156,679128,215108,246
Impairment and other16,766016,7660
Total operating expenses492,821429,205977,982860,198
Income (loss) from operations(6,228)14,363(78,042)9,796
Other income (expense), net6,68658518,435(5,596)
Income (loss) before provision for income taxes45814,948(59,607)4,200
Provision for income taxes7,5734,02614,9094,813
Net income (loss)$ (7,115)$ 10,922$ (74,516)$ (613)
Net income (loss) per share attributable to common stockholders, basic (in dollars per share)$ (0.02)$ 0.04$ (0.24)$ (0.00)
Net income (loss) per share attributable to common stockholders, diluted (in dollars per share)$ (0.02)$ 0.03$ (0.24)$ (0.00)
Weighted-average shares used in computing net income (loss) per share attributable to common stockholders, basic (in shares)309,510297,475307,687296,659
Weighted-average shares used in computing net income (loss) per share attributable to common stockholders, diluted (in shares)309,510312,720307,687296,659
Product    
Total revenue$ 399,738$ 414,603$ 708,701$ 815,764
Total cost of revenue120,605134,292216,818259,776
Subscription services    
Total revenue288,933232,169569,277451,413
Total cost of revenue$ 81,473$ 68,912$ 161,220$ 137,407

PSTG Balance Sheet

2023-08-06
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 06, 2023
Feb. 05, 2023
Current assets:  
Cash and cash equivalents$ 408,900$ 580,854
Marketable securities819,7771,001,352
Accounts receivable, net of allowance of $1,057 and $1,062525,260612,491
Inventory47,49850,152
Deferred commissions, current71,34468,617
Prepaid expenses and other current assets168,283161,391
Total current assets2,041,0622,474,857
Property and equipment, net325,783272,445
Operating lease right-of-use assets133,066158,912
Deferred commissions, non-current184,073177,239
Intangible assets, net40,90649,222
Goodwill361,427361,427
Restricted cash9,96010,544
Other assets, non-current37,64538,814
Total assets3,133,9223,543,460
Current liabilities:  
Accounts payable98,00867,121
Accrued compensation and benefits165,394232,636
Accrued expenses and other liabilities128,842123,749
Operating lease liabilities, current41,69733,707
Deferred revenue, current769,871718,149
Debt, current0574,506
Total current liabilities1,203,8121,749,868
Long-term debt100,0000
Operating lease liabilities, non-current132,191142,473
Deferred revenue, non-current667,172667,501
Other liabilities, non-current44,41942,385
Total liabilities2,147,5942,602,227
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 $0.0001 per share— 2,250,000 (Class A 2,000,000, Class B 250,000) shares authorized; 304,076 and 311,839 Class A shares issued and outstanding3130
Additional paid-in capital2,610,4822,493,769
Accumulated other comprehensive loss(12,607)(15,504)
Accumulated deficit(1,611,578)(1,537,062)
Total stockholders’ equity986,328941,233
Total liabilities and stockholders’ equity$ 3,133,922$ 3,543,460
PSTG
Pure Storage, Inc., together with its subsidiaries, provides data storage technologies, products, and services in the United States and internationally. The company's Purity software is shared across its products and provides enterprise-class data services, such as data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. Its products portfolio includes FlashArray for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; FlashArray//XL; and FlashArray//C, an all-QLC flash array. The company also provides FlashBlade, a solution for unstructured data workloads of various types; FlashStack that combines compute, network, and storage to provide an infrastructure platform; FlashRecover, an all-flash modern data protection solution; and AIRI, a full-stack AI-ready infrastructure. In addition, it offers evergreen storage subscription and Cloud Block Store, as well as Portworx a cloud-native Kubernetes data management solution It also offers technical and professional, training and education, and certification services. The company 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 Mountain View, California.
 CEO
 WEBSITEwww.purestorage.com
 EMPLOYEES5100

Pure Storage Inc Frequently Asked Questions


What is the ticker symbol for Pure Storage Inc? What does PSTG stand for in stocks?

PSTG is the stock ticker symbol of Pure Storage Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Pure Storage Inc (PSTG)?

As of Fri Dec 08 2023, market cap of Pure Storage Inc is 10.26 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PSTG stock?

You can check PSTG's fair value in chart. The fair value of Pure Storage Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Pure Storage Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PSTG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Pure Storage Inc a good stock to buy?

The fair value guage provides a quick view whether PSTG is over valued or under valued. Whether Pure Storage Inc is cheap or expensive depends on the assumptions which impact Pure Storage Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PSTG.

What is Pure Storage Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Dec 08 2023, PSTG's PE ratio (Price to Earnings) is -12335.8 and Price to Sales (PS) ratio is 3.71. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PSTG PE ratio will change depending on the future growth rate expectations of investors.