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PSTG Stock Forecast 2026-2027
$70.57
Current Price
$23.30B
Market Cap
Buy 14
Hold 6
Sell 1
Wall St Analyst Ratings
Distance to PSTG Price Targets
+70.0%
To High Target of $120.00
+41.7%
To Median Target of $100.00
-15.0%
To Low Target of $60.00
PSTG Price Momentum
+7.4%
1 Week Change
+1.4%
1 Month Change
+9.0%
1 Year Change
+5.3%
Year-to-Date Change
-29.8%
From 52W High of $100.59
+104.5%
From 52W Low of $34.51
📊 TOP ANALYST CALLS
Did PSTG Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if Pure Storage is one of their latest high-conviction picks.
Latest PSTG Stock Price Targets & Analyst Predictions
Based on our analysis of 40 Wall Street analysts, PSTG has a bullish consensus with a median price target of $100.00 (ranging from $60.00 to $120.00). The overall analyst rating is N/A (N/A/10). Currently trading at $70.57, the median forecast implies a 41.7% upside. This outlook is supported by 14 Buy, 6 Hold, and 1 Sell ratings.
The most optimistic forecast comes from Param Singh at Oppenheimer, projecting a 70.0% upside. Conversely, the most conservative target is provided by David Vogt at UBS, suggesting a 15.0% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
PSTG Analyst Ratings
14
Buy
6
Hold
1
Sell
PSTG Price Target Range
Low
$60.00
Average
$100.00
High
$120.00
Current: $70.57
Latest PSTG Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for PSTG.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Dec 3, 2025 | Susquehanna | Mehdi Hosseini | Neutral | Downgrade | $100.00 |
| Dec 3, 2025 | Lake Street | Eric Martinuzzi | Buy | Maintains | $92.00 |
| Dec 3, 2025 | Needham | Mike Cikos | Buy | Reiterates | $100.00 |
| Dec 3, 2025 | Wedbush | Matt Bryson | Outperform | Maintains | $100.00 |
| Dec 3, 2025 | Barclays | Tim Long | Equal-Weight | Maintains | $77.00 |
| Dec 3, 2025 | JP Morgan | Samik Chatterjee | Overweight | Maintains | $105.00 |
| Dec 3, 2025 | Citigroup | Asiya Merchant | Buy | Maintains | $105.00 |
| Dec 3, 2025 | UBS | David Vogt | Sell | Maintains | $60.00 |
| Nov 17, 2025 | JP Morgan | Pinjalim Bora | Overweight | Maintains | $110.00 |
| Nov 17, 2025 | Oppenheimer | Param Singh | Outperform | Initiates | $120.00 |
| Nov 17, 2025 | Morgan Stanley | Erik Woodring | Equal-Weight | Maintains | $90.00 |
| Oct 21, 2025 | Citigroup | Asiya Merchant | Buy | Maintains | $110.00 |
| Oct 20, 2025 | Evercore ISI Group | Amit Daryanani | Outperform | Maintains | $105.00 |
| Oct 17, 2025 | Raymond James | Simon Leopold | Outperform | Maintains | $99.00 |
| Oct 16, 2025 | JP Morgan | Pinjalim Bora | Overweight | Maintains | $105.00 |
| Sep 26, 2025 | Wells Fargo | Aaron Rakers | Overweight | Maintains | $100.00 |
| Sep 26, 2025 | Guggenheim | Howard Ma | Buy | Maintains | $105.00 |
| Sep 26, 2025 | Evercore ISI Group | Amit Daryanani | Outperform | Maintains | $90.00 |
| Sep 26, 2025 | Needham | Mike Cikos | Buy | Maintains | $100.00 |
| Sep 4, 2025 | Evercore ISI Group | Amit Daryanani | Outperform | Maintains | $85.00 |
PURE STORAGE INC - CLASS A (PSTG) Competitors
The following stocks are similar to Pure Storage based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
PSTG
Pure Storage
mkt cap
22.11B
PURE STORAGE INC - CLASS A (PSTG) Financial Data
PURE STORAGE INC - CLASS A has a market capitalization of $23.30B with a P/E ratio of 189.7x. The company generates $3.48B in trailing twelve-month revenue with a 3.7% profit margin.
Revenue growth is +16.0% quarter-over-quarter, while maintaining an operating margin of +5.6% and return on equity of +9.3%.
Valuation Metrics
Market Cap
$23.30B
Enterprise Value
$23.60B
P/E Ratio
189.7x
PEG Ratio
-18.0x
Price/Sales
6.8x
Growth & Margins
Revenue Growth (YoY)
+16.0%
Gross Margin
+72.3%
Operating Margin
+5.6%
Net Margin
+3.7%
EPS Growth
-13.9%
Financial Health
Cash/Price Ratio
+6.6%
Current Ratio
1.7x
Debt/Equity
16.3x
ROE
+9.3%
ROA
+1.1%
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PURE STORAGE INC - CLASS A (PSTG) Business Model
About PURE STORAGE INC - CLASS A
What They Do
Provides data storage and management technology.
Business Model
The company generates revenue by offering innovative data storage solutions and management technologies primarily to enterprises. Its business model focuses on selling subscription-based services and hardware, allowing customers to optimize their data infrastructure while leveraging Pure Storage's advanced technology for enhanced performance and efficiency.
Additional Information
Pure Storage, Inc. is headquartered in Santa Clara, California, and its Class A common shares are traded on both the New York Stock Exchange (NYSE:PSTG) and Borsa Italiana. Investors in the Italian market gain exposure to the same economic rights as those on the NYSE, with differences primarily in trading currency and local market conditions.
Company Information
Sector
Technology
Industry
Computer Hardware
Employees
6,000
CEO
Mr. Charles H. Giancarlo
Country
United States
IPO Year
2015
Website
www.purestorage.comPURE STORAGE INC - CLASS A (PSTG) Latest News & Analysis
Featured Analysis
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Zacks Investment Research
Data Center Momentum Accelerates Seagate's Revenue Growth
STX's data center drives 80% of revenue, aids Q1 FY26 growth as cloud demand lifts exabytes, margins and outlook.
Jan 12, 2026
By Zacks Equity Research
Analyst Blog
Pure Storage (PSTG) Surpasses Market Returns: Some Facts Worth Knowing
Pure Storage (PSTG) closed the most recent trading day at $66.98, moving +1.95% from the previous trading session.
Jan 09, 2026
By Zacks Equity Research
Tale of the Tape
Pure Storage (PSTG) Stock Drops Despite Market Gains: Important Facts to Note
Pure Storage (PSTG) closed at $65.7 in the latest trading session, marking a -4.21% move from the prior day.
Jan 08, 2026
By Zacks Equity Research
Tale of the Tape
Latest News
Quick Summary
Pure Storage (PSTG) closed at $65.70, down 4.21% from the previous trading day.
Why It Matters
Pure Storage's 4.21% decline signals potential volatility, influencing investor sentiment and possibly affecting future trading strategies or portfolio adjustments.
Source: Zacks Investment Research
Market Sentiment:
Neutral
Quick Summary
Pure Storage (PSTG) closed at $66.98, up 1.95% from the prior trading session.
Why It Matters
Pure Storage's increase in stock price signals positive market sentiment and potential growth, which can attract more investors and influence future valuations.
Source: Zacks Investment Research
Market Sentiment:
Positive
What's Happening With PSTG Stock?
9 days ago
Quick Summary
Pure Storage (NASDAQ: PSTG) shares rose over 20% in six months, supported by demand for efficient storage in AI data centers, but are viewed as unattractive at a valuation around $70.
Why It Matters
Pure Storage's 20% share rise reflects strong demand in AI data centers, but its current valuation near $70 suggests potential overvaluation, signaling caution for future investment.
Source: Forbes
Market Sentiment:
Neutral
Quick Summary
Pure Storage (PSTG) is currently attracting significant attention from Zacks.com users, indicating potential interest and movement in the stock's future performance.
Why It Matters
Increased attention on Pure Storage (PSTG) suggests heightened investor interest, potentially affecting stock volatility and trading volume. Market sentiment may influence future performance.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
Western Digital dominates the HDD market with advanced technology and a strong data center presence. Pure Storage leads in all-flash arrays but faces slowing growth and competition.
Why It Matters
Western Digital's scale and tech leadership position it well for growth, while Pure Storage's dual model offers stability amid competition. Price levels indicate potential investment opportunities.
Source: Seeking Alpha
Market Sentiment:
Neutral
Quick Summary
Pure Storage (PSTG) closed at $69.01, up 2.98% from the previous trading day.
Why It Matters
Pure Storage's 2.98% increase signals positive market sentiment and potential growth, which could attract more investors and impact future stock performance.
Source: Zacks Investment Research
Market Sentiment:
Neutral
Frequently Asked Questions About PSTG Stock
What is PURE STORAGE INC - CLASS A's (PSTG) stock forecast for 2026?
Based on our analysis of 40 Wall Street analysts, PURE STORAGE INC - CLASS A (PSTG) has a median price target of $100.00. The highest price target is $120.00 and the lowest is $60.00.
Is PSTG stock a good investment in 2026?
According to current analyst ratings, PSTG has 14 Buy ratings, 6 Hold ratings, and 1 Sell ratings. The stock is currently trading at $70.57. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for PSTG stock?
Wall Street analysts predict PSTG stock could reach $100.00 in the next 12 months. This represents a 41.7% increase from the current price of $70.57. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is PURE STORAGE INC - CLASS A's business model?
The company generates revenue by offering innovative data storage solutions and management technologies primarily to enterprises. Its business model focuses on selling subscription-based services and hardware, allowing customers to optimize their data infrastructure while leveraging Pure Storage's advanced technology for enhanced performance and efficiency.
What is the highest forecasted price for PSTG PURE STORAGE INC - CLASS A?
The highest price target for PSTG is $120.00 from Param Singh at Oppenheimer, which represents a 70.0% increase from the current price of $70.57.
What is the lowest forecasted price for PSTG PURE STORAGE INC - CLASS A?
The lowest price target for PSTG is $60.00 from David Vogt at UBS, which represents a -15.0% decrease from the current price of $70.57.
What is the overall PSTG consensus from analysts for PURE STORAGE INC - CLASS A?
The overall analyst consensus for PSTG is bullish. Out of 40 Wall Street analysts, 14 rate it as Buy, 6 as Hold, and 1 as Sell, with a median price target of $100.00.
How accurate are PSTG stock price projections?
Stock price projections, including those for PURE STORAGE INC - CLASS A, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: January 15, 2026 4:02 AM UTC