Pure Storage, Inc. Hits New 52-Week High at $99.00

Pure Storage, Inc., a mid-cap player in the IT hardware industry, has reached a significant milestone by hitting a new 52-week high of USD 99.00 on October 31, 2025. This achievement underscores the company's robust performance over the past year, with a remarkable increase of 49.32%, significantly outpacing the S&P 500's growth of 19.89% during the same period.
The company's market capitalization stands at approximately USD 25,983 million, reflecting its solid position within the industry. Pure Storage's price-to-earnings (P/E) ratio is currently at 142.00, indicating a premium valuation relative to its earnings. Additionally, the company maintains a return on equity of 10.55%, showcasing its efficiency in generating profits from shareholders' equity.

Despite not offering dividends, Pure Storage's financial metrics, including a price-to-book ratio of 19.70 and a debt-to-equity ratio of -1.13, highlight its strategic financial management. The stock's previous 52-week low was recorded at USD 34.51, marking a significant turnaround in its market performance.