Pure Storage: Well Positioned To Win Deals In An Expanded TAM
I maintain a buy rating for Pure Storage due to its strong growth potential and recent design win with a top-four hyperscaler. PSTG's landmark deal validates its competitive edge and strengthens its supply-chain relationships, ensuring no capacity constraints amid massive demand from hyperscalers. The transition to flash-based storage and AI infrastructure investments present significant growth opportunities, with PSTG's products offering superior power efficiency and performance.
Pure Storage, Micron Fuel Hyperscale Innovation: Will PSTG Stock Gain?
PSTG deepens its collaboration with MU, combining cutting-edge technologies to provide next-generation storage solutions for hyperscalers.
Pure Storage, Inc. (PSTG) Is a Trending Stock: Facts to Know Before Betting on It
Pure Storage (PSTG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Pure Storage (PSTG) Rises As Market Takes a Dip: Key Facts
Pure Storage (PSTG) closed at $62.49 in the latest trading session, marking a +1.73% move from the prior day.
Why Is Pure Storage (PSTG) Down 6% Since Last Earnings Report?
Pure Storage (PSTG) reported earnings 30 days ago. What's next for the stock?
Investors Heavily Search Pure Storage, Inc. (PSTG): Here is What You Need to Know
Zacks.com users have recently been watching Pure Storage (PSTG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Flash Forward: Investing In Pure Storage After Its Strategic Hyperscaler Breakthrough
Pure Storage secured a significant design win with a top hyperscaler, marking a shift towards flash storage and away from traditional hard disk drives. The company's transition to a subscription-based model is yielding stable revenue streams. Despite short-term margin impacts from promoting cost-effective solutions, Pure Storage's strategic focus on customer satisfaction and market share should benefit long-term growth.
Here is What to Know Beyond Why Pure Storage, Inc. (PSTG) is a Trending Stock
Zacks.com users have recently been watching Pure Storage (PSTG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Pure Storage Jumps 70% YTD: Should the Stock Be in Your Portfolio?
PSTG gains from strong sales momentum amid soft macroeconomic conditions and a cautious IT spending environment.
Pure Storage Rides the AI Boom Even Higher in 2025
The artificial intelligence (AI) revolution is driving the demand for low latency, scalable, and reliable data storage and capacity. Pure Storage Inc. NYSE: PSTG is a leading provider of enterprise data storage with its all-flash solid-state drive (SSD) arrays.
Pure Storage Stock Soars on Higher Subscription Revenue
Shares of Pure Storage (PSTG) soared more than 20% Wednesday, a day after the data storage provider beat profit and sales estimates and raised its guidance on higher subscription revenue.
Pure Storage: Design Wins Keep Us Bullish
Pure Storage, Inc. reported its 3QFY25 and, more importantly, a design win with one of the “top-four hyperscalers” reversing the market's negative outlook post-Q2. The design win, rumored to be Meta Platforms, positions Pure Storage to capture a larger share of the hyperscale market, expanding its opportunity going forward and showing green shoots for 2025. Pure Storage continues to be one of our favorite hardware stocks.
