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PSTG

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

52.03USD-0.52 (-0.99%)Delayed as of 28 Mar 2024, 02:37 pm ET

Market Summary

PSTG
USD52.03-0.52
Delayedas of 28 Mar 2024, 02:37 pm
-0.99%

PSTG Alerts

  • 2 major insider sales recently.

PSTG Stock Price

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PSTG RSI Chart

PSTG Valuation

Market Cap

16.6B

Price/Earnings (Trailing)

236.05

Price/Sales (Trailing)

5.82

EV/EBITDA

71.95

Price/Free Cashflow

36.53

PSTG Price/Sales (Trailing)

PSTG Profitability

EBT Margin

3.55%

Return on Equity

6.13%

Return on Assets

2.1%

Free Cashflow Yield

2.74%

PSTG Fundamentals

PSTG Revenue

Revenue (TTM)

2.9B

Rev. Growth (Yr)

12.84%

Rev. Growth (Qtr)

10.77%

PSTG Earnings

Earnings (TTM)

70.3M

Earnings Growth (Yr)

9.0K%

Earnings Growth (Qtr)

1.1K%

Breaking Down PSTG Revenue

52 Week Range

22.1453.30
(Low)(High)

Last 7 days

4.5%

Last 30 days

21.6%

Last 90 days

45.6%

Trailing 12 Months

113.1%

How does PSTG drawdown profile look like?

PSTG Financial Health

Current Ratio

1.82

Debt/Equity

0.09

Debt/Cashflow

6.66

PSTG Investor Care

Shares Dilution (1Y)

4.42%

Diluted EPS (TTM)

0.21

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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

Tracking the Latest Insider Buys and Sells of Pure Storage Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 20, 2024
singh ajay
sold (taxes)
-1,989,210
49.78
-39,960
chief product officer
Mar 20, 2024
fitzsimons dan
sold (taxes)
-1,842,160
49.78
-37,006
chief revenue officer
Mar 20, 2024
giancarlo charles h
sold (taxes)
-4,782,220
49.78
-96,067
ceo
Mar 20, 2024
colgrove john
sold (taxes)
-1,726,470
49.78
-34,682
chief visionary officer
Mar 20, 2024
krysler p. kevan
sold (taxes)
-1,729,660
49.78
-34,746
chief financial officer
Mar 20, 2024
chu mona
sold (taxes)
-212,312
49.78
-4,265
chief accounting officer
Mar 13, 2024
chu mona
acquired
-
-
11,347
chief accounting officer
Mar 13, 2024
giancarlo charles h
acquired
-
-
324,202
ceo
Mar 13, 2024
colgrove john
acquired
-
-
113,470
chief visionary officer
Mar 13, 2024
singh ajay
acquired
-
-
113,470
chief product officer

1–10 of 50

Which funds bought or sold PSTG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
reduced
-13.65
-136,093
867,714
-%
Mar 21, 2024
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND
reduced
-40.81
-2,500,650
3,637,320
0.01%
Mar 14, 2024
HENNESSY ADVISORS INC
new
-
113,684
113,684
0.01%
Mar 11, 2024
VANGUARD GROUP INC
added
1.85
21,461,100
1,115,950,000
0.02%
Mar 08, 2024
ICA Group Wealth Management, LLC
new
-
3,566
3,566
-%
Mar 05, 2024
Fisher Asset Management, LLC
sold off
-100
-290,374
-
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
89.61
50,651,700
107,044,000
0.01%
Feb 29, 2024
TT International Asset Management LTD
added
17.16
73,000
491,000
0.06%
Feb 29, 2024
Quintet Private Bank (Europe) S.A.
reduced
-0.06
81.00
117,225
0.01%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-1.38
-1,966
152,589
-%

1–10 of 44

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
Mar 22, 2024
4
Insider Trading
Mar 22, 2024
4
Insider Trading
Mar 22, 2024
4
Insider Trading
Mar 22, 2024
4
Insider Trading
Mar 22, 2024
4
Insider Trading
Mar 22, 2024
4
Insider Trading
Mar 15, 2024
4
Insider Trading
Mar 15, 2024
4
Insider Trading
Mar 15, 2024
4
Insider Trading
Mar 15, 2024
4
Insider Trading

What is the Fair Value of PSTG?

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Cheap
or
Expensive?


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks

Peers (Alternatives to Pure Storage Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
201.6B
57.2B
2.77% 0.76%
15
3.52
7.66% 18.93%
90.2B
5.9B
17.07% 89.63%
43.21
15.39
33.75% 54.34%
29.5B
53.1B
5.14% 10.82%
8.65
0.56
-11.04% 34.01%
23.0B
29.1B
16.34% 16.75%
11.35
0.79
2.24% 133.29%
13.9B
4.2B
5.75% 80.08%
28.68
3.28
-11.68% 12.69%
12.0B
5.6B
0.35% 17.60%
38.69
2.16
4.97% -34.14%
MID-CAP
7.0B
1.9B
-10.05% -56.13%
18.83
3.73
4.69% 6.86%
3.8B
2.5B
11.60% 3.31%
15.78
1.52
-3.62% -4.73%
3.3B
1.4B
2.23% -11.62%
-12.25
2.27
-21.40% -1031.82%
SMALL-CAP
1.5B
1.3B
-4.19% -35.69%
18.57
1.11
14.09% 64.56%
536.0M
217.6M
-31.21% 522.03%
-9.56
2.46
-2.32% 15.59%
420.9M
1.1B
-17.62% -65.32%
-1.57
0.37
12.05% -13041.29%
132.9M
148.3M
2.46% 33.95%
39.72
0.9
12.07% 519.63%
57.2M
29.7M
-26.92% -80.48%
-0.83
1.93
39.86% -13.06%
56.8M
56.0M
33.75% 0.75%
-4.57
1.01
-26.16% -43.53%

Pure Storage Inc News

Latest updates
MarketBeat • 17 hours ago
MarketBeat • 25 Mar 2024 • 07:28 pm
Yahoo Finance • 19 Mar 2024 • 07:00 am
Markets Insider • 06 Mar 2024 • 08:00 am
Seeking Alpha • 05 Mar 2024 • 08:00 am
Seeking Alpha • 03 Mar 2024 • 08:00 am

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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue10.8%763689589810676647620709563497413503411404367492428396327422373
Gross Profit13.6%553487413561466444426476375340282341277275257348301268216281249
Operating Expenses-2.9%479493485497457429431446393374358388342339342349329333314306276
  S&GA Expenses-0.4%232233232246212207218232193190183199172171173190185186167171147
  R&D Expenses-0.2%18218218518618016616116314814013113012311511211510710710597.0091.00
EBITDA Margin51.0%0.08*0.05*0.06*0.07*0.05*0.04*0.01*-0.02*-0.06*-0.09*-0.11*-0.12*---------
Interest Expenses5.8%2.002.000.000.000.000.001.001.001.001.001.001.001.00-0.00-0.00-0.00-0.00
Income Taxes18.9%9.008.007.007.007.004.001.005.003.004.003.003.004.002.002.003.002.000.001.001.00-1.93
Earnings Before Taxes17235.2%79.000.00-60.0681.006.0015.00-10.7520.00-26.03-41.34-80.88-49.25-70.10-62.52-88.30-1.62-28.25-65.56-99.24-25.06-30.11
EBT Margin250.0%0.04*0.01*0.02*0.03*0.01*0.00*-0.02*-0.06*-0.10*-0.13*-0.15*-0.16*---------
Net Income1089.3%70.00-7.11-67.4074.00-0.7911.00-11.5315.00-28.73-45.26-84.21-52.29-74.22-64.97-90.59-4.65-29.98-66.02-100-25.75-28.18
Net Income Margin8297.0%0.02*0.00*0.01*0.03*0.01*-0.01*-0.03*-0.07*-0.11*-0.14*-0.16*-0.17*---------
Free Cashflow143.7%11347.0012217311513418711710196.00-6.3848.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets7.1%3,3563,1342,9593,5433,2533,0502,8283,1352,8562,7842,6982,8192,6532,3222,2552,3642,1932,1162,0691,9731,811
  Current Assets10.1%2,2472,0411,8682,4752,2092,0211,8752,1921,9271,8601,7841,9081,7431,8121,7581,8901,7221,6501,6071,7021,569
    Cash Equivalents29.4%529409378581796653455477405340301337264356348378304269287464407
  Inventory-2.7%46.0047.0052.0050.0060.0052.0041.0039.0044.0047.0049.0047.0043.0036.0039.0039.0040.0036.0046.0045.0051.00
  Net PPE-----------172163158145136123130131129125115
  Goodwill0.0%36136136136136136135935935935935935932138.0038.0038.0036.0036.0027.0011.0011.00
Liabilities2.8%2,2072,1482,0532,6022,4122,2892,1012,3812,1312,0861,9822,0691,9181,5761,4981,5341,4151,3781,3251,2351,109
  Current Liabilities2.8%1,2381,2041,1061,7501,6231,5251,441952780755670761659607563615520515480510431
  Long Term Debt0%100100100----787778771763756748491484477470463456450443
    LT Debt, Current----575574573573--------------
    LT Debt, Non Current0%100100100----787778771763756748491484477470463456450443
Shareholder's Equity16.4%1,148986906941841761727754724697715750735746757830778738744738702
  Retained Earnings4.4%-1,541-1,611-1,604-1,537-1,611-1,610-1,621-1,708-1,723-1,694-1,649-1,565-1,512-1,438-1,373-1,282-1,278-1,248-1,182-1,081-1,056
  Additional Paid-In Capital3.4%2,7002,6102,5212,4942,4762,3922,3682,4712,4482,3882,3602,3082,2392,1722,1202,1082,0511,9821,9251,8201,762
Shares Outstanding1.5%314310306299298297296286284282280268---------
Float------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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations55.9%15810217323315515922013812712321.0069.0033.0051.0035.0070.0064.0049.007.0081.0057.00
  Share Based Compensation-1.7%88.0089.0078.0083.0087.0084.0075.0079.0076.0070.0061.0063.0060.0061.0059.0052.0054.0058.0062.0055.0058.00
Cashflow From Investing46.0%-37.23-68.90151-381-3.4998.0066.00-19.12-45.10-40.95-48.11-2.26-373-33.58-8.91-12.06-45.17-68.93-198-43.24-42.24
Cashflow From Financing56.6%-0.91-2.11-527-66.42-7.84-59.69-297-57.61-17.50-43.00-9.676.00245-9.11-41.250.0016.001.0032.004.0022.00
  Buy Backs2.2%22.0022.0070.0068.0025.0061.0066.0070.0056.0044.0030.0024.0021.0020.0070.0015.00-----

PSTG Income Statement

2023-11-05
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Nov. 05, 2023
Nov. 06, 2022
Nov. 05, 2023
Nov. 06, 2022
Total revenue$ 762,838$ 676,050$ 2,040,816$ 1,943,227
Total cost of revenue210,091209,715588,129606,898
Gross profit552,747466,3351,452,6871,336,329
Operating expenses:    
Research and development182,100180,008549,923506,971
Sales and marketing231,707212,140696,885637,129
General and administrative64,72965,054192,944173,300
Impairment and other0016,7660
Total operating expenses478,536457,2021,456,5181,317,400
Income (loss) from operations74,2119,133(3,831)18,929
Other income (expense), net5,184(2,814)23,619(8,410)
Income before provision for income taxes79,3956,31919,78810,519
Provision for income taxes9,0067,10623,91511,919
Net income (loss)$ 70,389$ (787)$ (4,127)$ (1,400)
Net income (loss) per share attributable to common stockholders, basic (in dollars per share)$ 0.22$ (0.00)$ (0.01)$ (0.00)
Net income (loss) per share attributable to common stockholders, diluted (in dollars per share)$ 0.21$ (0.00)$ (0.01)$ (0.00)
Weighted-average shares used in computing net income (loss) per share attributable to common stockholders, basic (in shares)314,153300,984309,842298,101
Weighted-average shares used in computing net income (loss) per share attributable to common stockholders, diluted (in shares)330,255300,984309,842298,101
Product    
Total revenue$ 453,277$ 431,281$ 1,161,978$ 1,247,045
Total cost of revenue126,770135,546343,588395,322
Subscription services    
Total revenue309,561244,769878,838696,182
Total cost of revenue$ 83,321$ 74,169$ 244,541$ 211,576

PSTG Balance Sheet

2023-11-05
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 05, 2023
Feb. 05, 2023
Current assets:  
Cash and cash equivalents$ 529,191$ 580,854
Marketable securities821,8681,001,352
Accounts receivable, net of allowance of $1,057 and $1,178636,324612,491
Inventory46,21150,152
Deferred commissions, current74,30368,617
Prepaid expenses and other current assets139,129161,391
Total current assets2,247,0262,474,857
Property and equipment, net337,559272,445
Operating lease right-of-use assets126,558158,912
Deferred commissions, non-current190,614177,239
Intangible assets, net36,86849,222
Goodwill361,427361,427
Restricted cash9,96010,544
Other assets, non-current45,49738,814
Total assets3,355,5093,543,460
Current liabilities:  
Accounts payable101,09267,121
Accrued compensation and benefits149,705232,636
Accrued expenses and other liabilities141,241123,749
Operating lease liabilities, current44,30133,707
Deferred revenue, current801,562718,149
Debt, current0574,506
Total current liabilities1,237,9011,749,868
Long-term debt100,0000
Operating lease liabilities, non-current122,388142,473
Deferred revenue, non-current694,945667,501
Other liabilities, non-current51,82042,385
Total liabilities2,207,0542,602,227
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 $0.0001 per share— 2,250,000 (Class A 2,000,000, Class B 250,000) shares authorized; 304,076 and 315,986 Class A shares issued and outstanding3230
Additional paid-in capital2,699,6442,493,769
Accumulated other comprehensive loss(10,032)(15,504)
Accumulated deficit(1,541,189)(1,537,062)
Total stockholders’ equity1,148,455941,233
Total liabilities and stockholders’ equity$ 3,355,509$ 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 Wed Mar 27 2024, market cap of Pure Storage Inc is 16.6 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 Wed Mar 27 2024, PSTG's PE ratio (Price to Earnings) is 236.05 and Price to Sales (PS) ratio is 5.82. 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.