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Pure Storage

PSTGNYSE
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Q3 2025 Earnings in 12 days from now on Tue Dec 3rd, after the market close
Consensus Rating1
Buy
Highest Price Target1
$93.00
Lowest Price Target1
$36.00
Consensus Price Target1
$65.74

Pure Storage (NYSE:PSTG) Stock, Analyst Ratings, Price Targets, Forecasts

Pure Storage Inc has a consensus price target of $65.74 based on the ratings of 23 analysts. The high is $93 issued by Guggenheim on October 17, 2024. The low is $36 issued by Deutsche Bank on June 1, 2023. The 3 most-recent analyst ratings were released by Citigroup, Oppenheimer, and Guggenheim on November 19, 2024, November 13, 2024, and October 17, 2024, respectively. With an average price target of $75.33 between Citigroup, Oppenheimer, and Guggenheim, there's an implied 48.63% upside for Pure Storage Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jul
7
3
1
Aug
1
Oct
2
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.3
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Citigroup
Oppenheimer
Guggenheim
Lake Street
Northland Capital Markets

1calculated from analyst ratings

Analyst Ratings for Pure Storage

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Pure Storage (PSTG) stock?

A

The latest price target for Pure Storage (NYSE:PSTG) was reported by Citigroup on November 19, 2024. The analyst firm set a price target for $63.00 expecting PSTG to rise to within 12 months (a possible 24.30% upside). 63 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Pure Storage (PSTG)?

A

The latest analyst rating for Pure Storage (NYSE:PSTG) was provided by Citigroup, and Pure Storage maintained their buy rating.

Q

When was the last upgrade for Pure Storage (PSTG)?

A

The last upgrade for Pure Storage Inc happened on April 6, 2023 when Wedbush raised their price target to $34. Wedbush previously had a neutral for Pure Storage Inc.

Q

When was the last downgrade for Pure Storage (PSTG)?

A

The last downgrade for Pure Storage Inc happened on July 2, 2024 when UBS changed their price target from $44 to $47 for Pure Storage Inc.

Q

When is the next analyst rating going to be posted or updated for Pure Storage (PSTG)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Pure Storage, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Pure Storage was filed on November 19, 2024 so you should expect the next rating to be made available sometime around November 19, 2025.

Q

Is the Analyst Rating Pure Storage (PSTG) correct?

A

While ratings are subjective and will change, the latest Pure Storage (PSTG) rating was a maintained with a price target of $67.00 to $63.00. The current price Pure Storage (PSTG) is trading at is $50.69, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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