The latest price target for Pure Storage (NYSE:PSTG) was reported by Morgan Stanley on December 17, 2024. The analyst firm set a price target for $72.00 expecting PSTG to rise to within 12 months (a possible 11.78% upside). 69 analyst firms have reported ratings in the last year.

The latest analyst rating for Pure Storage (NYSE:PSTG) was provided by Morgan Stanley, and Pure Storage maintained their equal-weight rating.

The last upgrade for Pure Storage Inc happened on December 4, 2024 when Piper Sandler raised their price target to $76. Piper Sandler previously had a neutral for Pure Storage Inc.

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.

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 December 17, 2024 so you should expect the next rating to be made available sometime around December 17, 2025.

While ratings are subjective and will change, the latest Pure Storage (PSTG) rating was a maintained with a price target of $62.00 to $72.00. The current price Pure Storage (PSTG) is trading at is $64.41, which is within the analyst’s predicted range.