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PSTG

PSTG - Pure Storage Inc Stock Price, Fair Value and News

59.17USD+0.32 (+0.54%)Market Closed

Market Summary

PSTG
USD59.17+0.32
Market Closed
0.54%

PSTG Alerts

  • 7 major insider sales recently.

PSTG Stock Price

View Fullscreen

PSTG RSI Chart

PSTG Valuation

Market Cap

19.2B

Price/Earnings (Trailing)

313.56

Price/Sales (Trailing)

6.79

EV/EBITDA

84.33

Price/Free Cashflow

39.84

PSTG Price/Sales (Trailing)

PSTG Profitability

EBT Margin

3.20%

Return on Equity

4.83%

Return on Assets

1.68%

Free Cashflow Yield

2.51%

PSTG Fundamentals

PSTG Revenue

Revenue (TTM)

2.8B

Rev. Growth (Yr)

-2.52%

Rev. Growth (Qtr)

3.54%

PSTG Earnings

Earnings (TTM)

61.3M

Earnings Growth (Yr)

-12.13%

Earnings Growth (Qtr)

-7.03%

Breaking Down PSTG Revenue

Last 7 days

8.8%

Last 30 days

13.1%

Last 90 days

37.8%

Trailing 12 Months

138.4%

How does PSTG drawdown profile look like?

PSTG Financial Health

Current Ratio

1.83

Debt/Equity

0.08

Debt/Cashflow

6.78

PSTG Investor Care

Shares Dilution (1Y)

5.47%

Diluted EPS (TTM)

0.18

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20242.8B000
20232.8B2.7B2.8B2.9B
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
2015174.5M240.9M307.4M373.9M
201442.7M00108.6M
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Tracking the Latest Insider Buys and Sells of Pure Storage Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 17, 2024
colgrove john
gifted
-
-
-1,000,000
chief visionary officer
Apr 17, 2024
colgrove john
gifted
-
-
1,000,000
chief visionary officer
Apr 17, 2024
krysler p. kevan
sold
-807,101
52.8
-15,286
chief financial officer
Apr 16, 2024
fitzsimons dan
sold
-1,526,820
52.14
-29,283
chief revenue officer
Apr 15, 2024
brown andrew william fraser
sold
-1,075,700
52.31
-20,564
-
Apr 12, 2024
dietzen scott
sold
-3,931,520
53.49
-73,500
-
Apr 05, 2024
murphy john francis
sold
-396,000
52.8
-7,500
-
Apr 05, 2024
singh ajay
sold
-2,012,460
53.54
-37,588
chief product officer
Apr 05, 2024
pure storage, inc.
sold
-396,000
52.8
-7,500
-
Apr 04, 2024
taylor roxanne
sold
-1,981,590
53.76
-36,860
-

1–10 of 50

Which funds bought or sold PSTG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 17, 2024
Plato Investment Management Ltd
reduced
-74.95
-21,049
12,114
-%
May 17, 2024
Aspect Partners, LLC
new
-
5,199
5,199
-%
May 16, 2024
JANE STREET GROUP, LLC
added
106
14,033,800
21,006,800
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-3.95
4,449,890
15,563,800
0.02%
May 16, 2024
Tidal Investments LLC
added
11.53
809,411
2,102,370
0.04%
May 16, 2024
Ancora Advisors LLC
added
265
15,410
18,976
-%
May 16, 2024
Virtus Investment Advisers, Inc.
reduced
-33.7
-21,928
635,214
0.45%
May 16, 2024
COMERICA BANK
added
1.6
4,602,910
14,167,600
0.06%
May 16, 2024
CASTLEARK MANAGEMENT LLC
added
13.97
418,793
1,051,760
0.04%
May 16, 2024
HANCOCK WHITNEY CORP
reduced
-11.36
281,905
1,246,110
0.04%

1–10 of 40

Are Funds Buying or Selling PSTG?

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

Unveiling Pure Storage Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 12, 2024
vanguard group inc
10.06%
31,782,078
SC 13G/A
Feb 12, 2024
vanguard group inc
9.90%
31,294,297
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G/A
Jan 31, 2024
blackrock inc.
5.5%
17,513,392
SC 13G
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

Recent SEC filings of Pure Storage Inc

View All Filings
Date Filed Form Type Document
May 03, 2024
ARS
ARS
May 03, 2024
DEF 14A
DEF 14A
May 03, 2024
DEFA14A
DEFA14A
Apr 19, 2024
4
Insider Trading
Apr 19, 2024
4
Insider Trading
Apr 18, 2024
4
Insider Trading
Apr 17, 2024
144
Notice of Insider Sale Intent
Apr 17, 2024
4
Insider Trading
Apr 16, 2024
144
Notice of Insider Sale Intent
Apr 16, 2024
4
Insider Trading

Peers (Alternatives to Pure Storage Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
195.2B
57.2B
0.84% -0.02%
14.52
3.41
7.66% 18.93%
100.2B
6.1B
23.38% 126.13%
43.8
16.49
25.22% 50.89%
30.6B
53.1B
12.68% 1.50%
8.95
0.58
-11.04% 34.01%
23.2B
29.1B
4.87% 23.94%
11.47
0.8
2.24% 133.29%
13.8B
4.3B
13.89% 41.09%
22.55
3.21
-5.30% 67.91%
11.3B
5.3B
-5.04% 17.70%
50.26
2.11
-2.96% -55.26%
MID-CAP
8.8B
1.9B
37.99% -15.28%
25.3
4.63
1.03% -11.76%
3.8B
2.4B
13.60% 9.12%
21.17
1.58
-8.79% -36.23%
3.1B
1.4B
9.65% -2.83%
-8.78
2.19
-21.81% -865.12%
SMALL-CAP
1.5B
1.2B
4.94% -36.59%
-239.63
1.24
-0.19% -110.91%
456.4M
205.3M
-2.09% 570.29%
-7.25
2.22
-8.19% 5.55%
417.7M
1.1B
13.55% -38.68%
-0.76
0.4
-12.01% -1246.95%
135.5M
148.1M
4.92% 16.09%
28.87
0.92
3.90% 76.40%
56.5M
53.8M
-4.90% -
-4.7
1.05
-28.06% -33.67%
34.5M
29.9M
-30.00% -88.82%
-0.45
1.16
39.86% -24.01%

Pure Storage Inc News

Latest updates
MarketBeat17 hours ago

Pure Storage Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue3.5%790763689589810676647620709563497413503411404367492428396327422
Gross Profit2.9%569553487413561466444426476375340282341277275257348301268216281
Operating Expenses6.8%511479493485497457429431446393374358388342339342349329333314306
  S&GA Expenses7.1%248232233232246212207218232193190183199172171173190185186167171
  R&D Expenses2.6%18718218218518618016616116314814013113012311511211510710710597.00
EBITDA Margin-1.1%0.08*0.08*0.05*0.06*0.07*0.05*0.04*0.01*-0.02*-0.06*-0.09*-0.11*---------
Interest Expenses-0.3%2.002.002.000.000.000.000.001.001.001.001.001.001.001.00-0.00-0.00-0.00-
Income Taxes-40.5%5.009.008.007.007.007.004.001.005.003.004.003.003.004.002.002.003.002.000.001.001.00
Earnings Before Taxes-10.8%71.0079.000.00-60.0681.006.0015.00-10.7520.00-26.03-41.34-80.88-49.25-70.10-62.52-88.30-1.62-28.25-65.56-99.24-25.06
EBT Margin-9.7%0.03*0.04*0.01*0.02*0.03*0.01*0.00*-0.02*-0.06*-0.10*-0.13*-0.15*---------
Net Income-7.0%65.0070.00-7.11-67.4074.00-0.7911.00-11.5315.00-28.73-45.26-84.21-52.29-74.22-64.97-90.59-4.65-29.98-66.02-100-25.75
Net Income Margin-12.2%0.02*0.02*0.00*0.01*0.03*0.01*-0.01*-0.03*-0.07*-0.11*-0.14*-0.16*---------
Free Cashflow77.2%20111347.0012217311513418711710196.00-6.38---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets8.9%3,6563,3563,1342,9593,5433,2533,0502,8283,1352,8562,7842,6982,8192,6532,3222,2552,3642,1932,1162,0691,973
  Current Assets11.2%2,4982,2472,0411,8682,4752,2092,0211,8752,1921,9271,8601,7841,9081,7431,8121,7581,8901,7221,6501,6071,702
    Cash Equivalents32.8%703529409378581796653455466405340301348264356348378304269287464
  Inventory-7.7%43.0046.0047.0052.0050.0060.0052.0041.0039.0044.0047.0049.0047.0043.0036.0039.0039.0040.0036.0046.0045.00
  Net PPE-353---272------172163158145136123130131129125
  Goodwill0%36136136136136136136135935935935935935932138.0038.0038.0036.0036.0027.0011.00
Liabilities8.1%2,3862,2072,1482,0532,6022,4122,2892,1012,3812,1312,0861,9822,0691,9181,5761,4981,5341,4151,3781,3251,235
  Current Liabilities10.3%1,3661,2381,2041,1061,7501,6231,5251,441952780755670761659607563615520515480510
  Long Term Debt0%100100100100----787778771763756748491484477470463456450
    LT Debt, Current-----575574573573-------------
    LT Debt, Non Current0%100100100100----787778771763756748491484477470463456450
Shareholder's Equity10.6%1,2701,148986906941841761727754724697715750735746757830778738744738
  Retained Earnings4.2%-1,475-1,541-1,611-1,604-1,537-1,611-1,610-1,621-1,708-1,723-1,694-1,649-1,565-1,512-1,438-1,373-1,282-1,278-1,248-1,182-1,081
  Additional Paid-In Capital1.9%2,7502,7002,6102,5212,4942,4762,3922,3682,4712,4482,3882,3602,3082,2392,1722,1202,1082,0511,9821,9251,820
Shares Outstanding-0.7%312314310306299298297296286284284280---------
Float---11,000---8,300---5,200---4,400---3,600--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations54.3%24415810217323315515922013812712321.0069.0033.0051.0035.0070.0064.0049.007.0081.00
  Share Based Compensation-13.4%76.0088.0089.0078.0083.0087.0084.0075.0079.0076.0070.0061.0063.0060.0061.0059.0052.0054.0058.0062.0055.00
Cashflow From Investing-12.4%-41.83-37.23-68.90151-381-3.4998.0066.00-19.12-45.10-40.95-48.11-2.26-373-33.58-8.91-12.06-45.17-68.93-198-43.24
Cashflow From Financing-3139.9%-29.61-0.91-2.11-527-66.42-7.84-59.69-297-57.61-17.50-43.00-9.676.00245-9.11-41.250.0016.001.0032.004.00
  Buy Backs-4.5%21.0022.0022.0070.0068.0025.0061.0066.0070.0056.0044.0030.0024.0021.0020.0070.0015.00----
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PSTG Income Statement

2024-02-04
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Feb. 04, 2024
Feb. 05, 2023
Feb. 06, 2022
Revenue$ 2,830,621$ 2,753,434$ 2,180,848
Cost of revenue809,430855,788708,329
Gross profit2,021,1911,897,6461,472,519
Operating expenses:   
Research and development736,764692,528581,935
Sales and marketing945,021883,609799,001
General and administrative252,243237,996189,981
Restructuring, impairment and other33,61200
Total operating expenses1,967,6401,814,1331,570,917
Income (loss) from operations53,55183,513(98,398)
Other income (expense), net37,0358,295(30,098)
Income (loss) before provision for income taxes90,58691,808(128,496)
Provision for income taxes29,27518,73714,763
Net income (loss)$ 61,311$ 73,071$ (143,259)
Net income (loss) per share attributable to common stockholders, basic (in dollars per share)$ 0.20$ 0.24$ (0.50)
Net income (loss) per share attributable to common stockholders, diluted (in dollars per share)$ 0.19$ 0.23$ (0.50)
Weighted-average shares used in computing net income (loss) per share attributable to common stockholders, basic (in shares)311,831299,478285,882
Weighted-average shares used in computing net income (loss) per share attributable to common stockholders, diluted (in shares)332,568339,184285,882
Product   
Revenue$ 1,622,869$ 1,792,153$ 1,442,338
Cost of revenue472,430569,793477,899
Subscription services   
Revenue1,207,752961,281738,510
Cost of revenue$ 337,000$ 285,995$ 230,430

PSTG Balance Sheet

2024-02-04
Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 04, 2024
Feb. 05, 2023
Current assets:  
Cash and cash equivalents$ 702,536$ 580,854
Marketable securities828,5571,001,352
Accounts receivable, net of allowance of $1,057 and $1,060662,179612,491
Inventory42,66350,152
Deferred commissions, current88,71268,617
Prepaid expenses and other current assets173,407161,391
Total current assets2,498,0542,474,857
Property and equipment, net352,604272,445
Operating lease right-of-use assets129,942158,912
Deferred commissions, non-current215,620177,239
Intangible assets, net33,01249,222
Goodwill361,427361,427
Restricted cash9,59510,544
Other assets, non-current55,50638,814
Total assets3,655,7603,543,460
Current liabilities:  
Accounts payable82,75767,121
Accrued compensation and benefits250,257232,636
Accrued expenses and other liabilities135,755123,749
Operating lease liabilities, current44,66833,707
Deferred revenue, current852,247718,149
Debt, current0574,506
Total current liabilities1,365,6841,749,868
Long-term debt100,0000
Operating lease liabilities, non-current123,201142,473
Deferred revenue, non-current742,275667,501
Other liabilities, non-current54,50642,385
Total liabilities2,385,6662,602,227
Commitments and Contingencies
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 $0.0001 per share— 2,250,000 (Class A 2,000,000, Class B 250,000) shares authorized; 304,076 and 319,523 Class A shares issued and outstanding3230
Additional paid-in capital2,749,5952,493,769
Accumulated other comprehensive loss(3,782)(15,504)
Accumulated deficit(1,475,751)(1,537,062)
Total stockholders’ equity1,270,094941,233
Total liabilities and stockholders’ equity$ 3,655,760$ 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
 WEBSITEpurestorage.com
 INDUSTRYComputer Hardware
 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 May 17 2024, market cap of Pure Storage Inc is 19.22 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 for subscribers.

What is the fair value of PSTG stock?

You can check PSTG's fair value in chart for subscribers. 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 May 17 2024, PSTG's PE ratio (Price to Earnings) is 313.56 and Price to Sales (PS) ratio is 6.79. 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.