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.
Why Pure Storage Stock Is Sailing Higher After Earnings
Pure Storage stock is surging after the data storage firm beat earnings expectations and announced a deal with a major technology company. Here's what you need to know.
Pure Storage Q3: Sell This Spike (Rating Downgrade)
I'm downgrading Pure Storage, Inc. to a sell rating (from a previous buy) after the stock's post-Q3 earnings rally. Pure Storage has surged over 80% YTD, driven by strong AI tailwinds and robust Q3 earnings, prompting a reassessment of its portfolio fit. The company is seeing declining gross margins that is actually leading to a y/y reduction in pro forma operating profit dollars.
Why Pure Storage Stock Is Skyrocketing Today
Pure Storage (PSTG 26.00%) stock is making big gains in Wednesday's trading. The company's share price was up 23.9% as of 10:30 a.m.
Pure Storage Q3 Earnings & Revenues Beat, Stock Up on Raised Outlook
PSTG's fiscal Q3 2025 performance gains from steady growth across its FlashArray and FlashBlade offerings and strong renewals of Evergreen subscriptions.
