The latest trading day saw Pure Storage (PSTG) settling at $40.36, representing a +0.37% change from its previous close.
PSTG and Varonis partner to boost data security and resilience, offering AI-powered threat detection, access control and rapid recovery from cyber incidents.
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 has successfully transitioned to a "Storage-as-a-Service" model, benefiting from strong demand amid the GenAI boom and delivering resilient FY2025 results. The company is pursuing more hyperscaler opportunities after securing a top hyperscaler win last year, which creates a massive growth opportunity. Contract backlog showed softness in FY2025, which may weigh on the revenue growth outlook, while management warned political uncertainty as a risk factor for FY2026 guidance.
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) reported earnings 30 days ago. What's next for the stock?
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.
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.
Pure Storage has significant upside potential as hyperscalers transition from hard disks to solid-state devices, validated by a recent design win with a major cloud provider. Its DirectFlash technology enables consistent architecture across multiple performance tiers, enhancing Pure Storage customers' storage performance, reliability, and lifetime. The company's weak fourth quarter gross margin and disappointing guidance caused the stock to drop after earnings.
Pure Storage (PSTG -14.80%), a provider of all-flash data storage technologies and services, held its fourth-quarter and full-year fiscal 2025 earnings call on February 26, 2025. The company discussed its progress in transforming enterprise data architecture, growing adoption of its subscription services, and continued development of its hyperscaler and AI opportunities.
Pure Storage (PSTG -11.39%) stock is falling in Thursday's trading following the company's recent fourth-quarter report. The company's share price was down 10.9% as of 2:30 p.m.
PSTG's fiscal Q4 performance gains from healthy demand across its FlashArray and FlashBlade offerings and record renewals of Evergreen subscriptions.