PSTG Share Price | Pure Storage, Inc. Stock Analysis & Recommendation

Q: What does Pure Storage, Inc. do?

Overview: Pure Storage, Inc. provides a data platform focused on delivering software-defined all-flash solutions in the IT - Hardware industry, operating within the mid-cap market segment.Financial Snapshot: Net Sales: 778 Million (Quarterly Results - Apr 2025) Net Profit: -14 Million (Quarterly Results - Apr 2025) Market cap: USD 17,116.18 Million (Mid Cap)Key Metrics: P/E: 142.00 Dividend Yield: 0.00% Debt Equity: -1.16 Return on Equity: 10.27% Price to Book: 13.76Contact Details: Address: 650 Castro St Ste 400, MOUNTAIN VIEW CA 94041-2081 Fax: 1 650 6259667 Website: https://www.purestorage.com/

Q: Is Pure Storage, Inc. overvalued or undervalued?

As of 7 July 2025, the valuation grade for Pure Storage, Inc. has moved from fair to very expensive, indicating a significant shift in its valuation outlook. The company appears overvalued, with a P/E ratio of 142, a Price to Book Value of 14.54, and an EV to EBITDA of 74.42, all of which are considerably higher than its peers. For instance, Seagate Technology Holdings has a P/E of 26.40 and Western Digital Corp. boasts an EV to EBITDA of 10.54, highlighting the premium that Pure Storage commands relative to its industry competitors.Despite its high valuation, Pure Storage has delivered impressive stock performance, with a 1-year return of 76.66% compared to the S&P 500's 17.14%, and a staggering 5-year return of 501.24% against the S&P 500's 96.61%. This strong performance may reflect investor optimism, but the elevated valuation ratios suggest that the stock may not be sustainable at these levels.

Q: Is Pure Storage, Inc. technically bullish or bearish?

As of 10 September 2025, the technical trend for Pure Storage, Inc. has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view, including bullish MACD readings on both weekly and monthly time frames, bullish Bollinger Bands, and bullish moving averages on the daily chart. However, the weekly RSI is bearish, indicating some short-term weakness. The KST is bullish weekly but mildly bearish monthly, while Dow Theory confirms a bullish trend in both time frames. In terms of performance, Pure Storage has significantly outperformed the S&P 500 across multiple periods, with a 1-year return of 76.66% compared to the S&P 500's 17.14%, and a 5-year return of 501.24% versus 96.61%.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

4.39 M

Shareholding (Jan 2026)

FII

15.66%

Held by 369 FIIs

DII

37.17%

Held by 79 DIIs

Promoter

0.15%

How big is Pure Storage, Inc.?

22-Jun-2025

As of Jun 18, Pure Storage, Inc. has a market capitalization of $17.12 billion, with net sales of $3.25 billion and a net profit of $127.76 million over the latest four quarters. The balance sheet shows shareholder's funds of $1.31 billion and total assets of $3.96 billion.

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What does Pure Storage, Inc. do?

22-Jun-2025

Pure Storage, Inc. specializes in software-defined all-flash data solutions in the IT hardware sector, with a market cap of approximately $17.1 billion. As of April 2025, it reported net sales of $778 million and a net loss of $14 million.

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Who are in the management team of Pure Storage, Inc.?

22-Jun-2025

As of March 2022, the management team of Pure Storage, Inc. includes CEO Charles Giancarlo, Vice Chairman Scott Dietzen, Founder and CTO John Colgrove, and several independent directors: Andrew Brown, Mark Garrett, Jeffrey Rothschild, Anita Sands, and Roxanne Taylor. They are responsible for the company's strategic direction and operations.

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Is Pure Storage, Inc. overvalued or undervalued?

20-Sep-2025

As of July 7, 2025, Pure Storage, Inc. is considered very expensive with a P/E ratio of 142 and significantly higher valuation metrics than its peers, despite impressive stock performance, raising concerns about the sustainability of its elevated valuation.

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Is Pure Storage, Inc. technically bullish or bearish?

20-Sep-2025

As of September 10, 2025, Pure Storage, Inc. has a bullish trend supported by strong indicators, despite a bearish weekly RSI, and has significantly outperformed the S&P 500 with a 1-year return of 76.66% compared to 17.14%.

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Compare Pure Storage, Inc. with Similar Stocks

Seagate Technology Holdings Plc Western Digital Corp.NetApp, Inc.

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Positive results in Jul 25

NET PROFIT(HY) At USD 33.12 MM has Grown at 99.95%
INVENTORY TURNOVER RATIO(HY) Highest at 22.86 times
RAW MATERIAL COST(Y) Fallen by 0.75% (YoY)

With ROE of 10.27%, it has a very expensive valuation with a 14.54 Price to Book Value

High Institutional Holdings at 92.67%

Mojo Parameters

Stock DNA

Industry

IT - Hardware

Market cap

USD 20,751 Million (Mid Cap)

P/E

159.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

-1.06

Return on Equity

9.29%

Price to Book

14.79

Revenue and Profits:

Net Sales:

964 Million

(Quarterly Results - Oct 2025)

Net Profit:

55 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-6.61%

6 Months

-28.06%

1 Year

25.59%

2 Years

23.77%

3 Years

160.42%

4 Years

81.27%

5 Years

180.6%

Pure Storage, Inc. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

15.79%

EBIT Growth (5y)

18.79%

EBIT to Interest (avg)

4.89

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-1.16

Sales to Capital Employed (avg)

2.18

Tax Ratio

27.41%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

89.57%

ROCE (avg)

ROE (avg)

4.50%

Valuation key factors

Factor

Value

P/E Ratio

159

Industry P/E

Price to Book Value

14.79

EV to EBIT

274.83

EV to EBITDA

92.30

EV to Capital Employed

-222.27

EV to Sales

5.53

PEG Ratio

Dividend Yield

ROCE (Latest)

Negative Capital Employed

ROE (Latest)

9.29%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bearish

Mildly Bearish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Bullish

Dow Theory

Mildly Bearish

OBV

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Jan 2026

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 142 Schemes (47.0%)

Foreign Institutions

Held by 369 Foreign Institutions (15.66%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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Quarterly Results Snapshot (Consolidated) - Oct'25 - YoY

Oct'25

Oct'24

Change(%)

Net Sales

964.50

831.10

16.05%

Operating Profit (PBDIT) excl Other Income

92.20

88.50

4.18%

Interest

0.30

1.90

-84.21%

Exceptional Items

0.00

Consolidate Net Profit

54.80

63.60

-13.84%

Operating Profit Margin (Excl OI)

55.90%

71.80%

-1.59%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in quarter ended Oct 2025 is 16.05% vs 8.95% in Oct 2024

Consolidated Net Profit

YoY Growth in quarter ended Oct 2025 is -13.84% vs -9.66% in Oct 2024

All Quarterly Results

Annual Results Snapshot (Consolidated) - Jan'25

Jan'25

Jan'24

Change(%)

Net Sales

3,168.20

2,830.60

11.93%

Operating Profit (PBDIT) excl Other Income

231.80

211.60

9.55%

Interest

7.80

7.50

4.00%

Exceptional Items

-16.30

-33.60

51.49%

Consolidate Net Profit

106.70

61.30

74.06%

Operating Profit Margin (Excl OI)

32.10%

30.80%

0.13%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Jan 2025 is 11.93% vs 2.80% in Jan 2024

Consolidated Net Profit

YoY Growth in year ended Jan 2025 is 74.06% vs -16.14% in Jan 2024

All Annual Results

Company CV

About Pure Storage, Inc.

Pure Storage, Inc.

IT - Hardware

Pure Storage, Inc. provides a data platform. The Company is focused on delivering software-defined all-flash solutions that are fast and cloud-capable for customers, enabling customers to put data to work for their businesses. Its data platform replaces storage systems designed for mechanical disk with all-flash systems optimized end-to-end for solid-state memory. Its business model replaces the forklift upgrade cycle with an Evergreen Storage model. Its primary offerings include its FlashArray and FlashBlade products, inclusive of its Purity Operating Environment (Purity OE) software, its Pure1 cloud-based software, and FlashStack, its joint converged infrastructure solution with Cisco. Its customers include large and mid-size organizations across a diverse set of industry verticals, including cloud-based software and service providers, consumer Web, education, energy, financial services, governments, healthcare, manufacturing, media, retail and telecommunications.

Company Coordinates

Company Details

650 Castro St Ste 400 , MOUNTAIN VIEW CA : 94041-2081

Tel:

https://www.purestorage.com/

Registrar Details