Pure Storage (PSTG) reported earnings 30 days ago. What's next for the stock?
PSTG and Rubrik unite to strengthen enterprises' cyber resiliency by executing a three-layered defense strategy.
Pure Storage remains a buy for long-term growth investors due to its leadership in flash memory storage. Despite a 23% stock drop since July, the company's fundamentals are strong, with significant growth in subscription revenue and a solid financial condition. Pure Fusion, its autonomous storage delivery platform, offers advanced AI and cloud-like features, giving it a potential edge over competitors like Dell and HPE.
Pure Storage (PSTG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Pure Storage's post-Q2 dip offers a compelling entry point, with strong growth potential driven by AI storage needs and partnerships with NVIDIA. Despite Q3 revenue deceleration, Pure Storage's history of conservative guidance and robust Q2 performance highlight its long-term growth trajectory. The company boasts a large TAM, growing subscription revenue, and a pay-for-consumption model, enhancing its attractiveness and lowering barriers for new customers.
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.
Three AI-backed computer storage device stocks in focus are: SMCI, WDC, PSTG.
Recently, Zacks.com users have been paying close attention to Pure Storage (PSTG). This makes it worthwhile to examine what the stock has in store.
PSTG's fiscal Q2 performance rides on robust demand for FlashBlade solutions, notably FlashArray//E and Flashblade //E offerings.
Pure Storage Inc (NYSE:PSTG) stock is moving sharply lower today, despite the data storage name reporting generally upbeat second-quarter results, including better-than-anticipated earnings and revenue.
Pure Storage, Inc. (NYSE:PSTG ) Q2 2025 Earnings Call Transcript August 28, 2024 5:00 PM ET Company Participants Paul Ziots - VP of IR Charlie Giancarlo - CEO Kevan Krysler - CFO Rob Lee - CTO Conference Call Participants Amit Daryanani - Evercore ISI Howard Ma - Guggenheim Securities Mike Cikos - Needham Jason Ader - William Blair Asiya Merchant - Citigroup Quinton Gabrielli - Piper Sandler Meta Marshall - Morgan Stanley Mehdi Hosseini - Susquehanna Jeff Koche - Raymond James Robert Mertens - TD Securities Eric Martinuzzi - Lake Street Capital Markets David Vogt - UBS Operator Good day and welcome to the Pure Storage Second Quarter Fiscal 2025 Financial Results Conference Call. Today's conference is being recorded.
Although the revenue and EPS for Pure Storage (PSTG) give a sense of how its business performed in the quarter ended July 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.