$60.40
1.32.20%
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Pure Storage
PSTGNYSE
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Pure Storage (NYSE:PSTG) Stock, Analyst Ratings, Price Targets, Forecasts
Pure Storage Inc has a consensus price target of $66.29 based on the ratings of 21 analysts. The high is $80 issued by Susquehanna on June 21, 2024. The low is $33 issued by Morgan Stanley on June 14, 2022. The 3 most-recent analyst ratings were released by UBS, Guggenheim, and Susquehanna on July 2, 2024, June 25, 2024, and June 21, 2024, respectively. With an average price target of $66.33 between UBS, Guggenheim, and Susquehanna, there's an implied 9.82% upside for Pure Storage Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
UBS
Guggenheim
Susquehanna
Needham
Morgan Stanley
1calculated from analyst ratings
Analyst Ratings for Pure Storage
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 07/02/2024 | Buy Now | -22.19% | UBS | David Vogt | $44 → $47 | Downgrade | Neutral → Sell | Get Alert |
| 06/25/2024 | Buy Now | 19.21% | Guggenheim | John Difucci | $72 → $72 | Reiterates | Buy → Buy | Get Alert |
| 06/21/2024 | Buy Now | 32.45% | Susquehanna | Mehdi Hosseini | $75 → $80 | Maintains | Positive | Get Alert |
| 06/21/2024 | Buy Now | 32.45% | Needham | Mike Cikos | $80 → $80 | Reiterates | Buy → Buy | Get Alert |
| 06/12/2024 | Buy Now | -0.66% | Morgan Stanley | Meta Marshall | → $60 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 06/04/2024 | Buy Now | 32.45% | Needham | Mike Cikos | $80 → $80 | Reiterates | Buy → Buy | Get Alert |
| 05/30/2024 | Buy Now | 24.17% | Citigroup | Asiya Merchant | $65 → $75 | Maintains | Buy | Get Alert |
| 05/30/2024 | Buy Now | 15.89% | Lake Street | Eric Martinuzzi | $48 → $70 | Maintains | Buy | Get Alert |
| 05/30/2024 | Buy Now | -7.28% | Barclays | Tim Long | $51 → $56 | Maintains | Equal-Weight | Get Alert |
| 05/30/2024 | Buy Now | 24.17% | JP Morgan | Pinjalim Bora | $50 → $75 | Maintains | Overweight | Get Alert |
| 05/30/2024 | Buy Now | 32.45% | TD Cowen | Krish Sankar | $60 → $80 | Maintains | Buy | Get Alert |
| 05/30/2024 | Buy Now | 12.58% | Northland Capital Markets | Nehal Chokshi | $58 → $68 | Downgrade | Outperform → Market Perform | Get Alert |
| 05/30/2024 | Buy Now | 24.17% | Wells Fargo | Aaron Rakers | $70 → $75 | Maintains | Overweight | Get Alert |
| 05/30/2024 | Buy Now | 20.86% | Raymond James | Simon Leopold | $63 → $73 | Maintains | Outperform | Get Alert |
| 05/30/2024 | Buy Now | 12.58% | B of A Securities | Wamsi Mohan | $57 → $68 | Maintains | Neutral | Get Alert |
| 05/30/2024 | Buy Now | 24.17% | Evercore ISI Group | Amit Daryanani | $65 → $75 | Maintains | Outperform | Get Alert |
| 05/30/2024 | Buy Now | 32.45% | Wedbush | Matt Bryson | $70 → $80 | Maintains | Outperform | Get Alert |
| 05/30/2024 | Buy Now | 7.62% | Stifel | Matthew Sheerin | $46 → $65 | Maintains | Hold | Get Alert |
| 05/30/2024 | Buy Now | 24.17% | Susquehanna | Mehdi Hosseini | $65 → $75 | Maintains | Positive | Get Alert |
| 05/30/2024 | Buy Now | 30.79% | Keybanc | Thomas Blakey | $64 → $79 | Maintains | Overweight | Get Alert |
| 05/30/2024 | Buy Now | 32.45% | Needham | Mike Cikos | $66 → $80 | Maintains | Buy | Get Alert |
| 05/28/2024 | Buy Now | 15.89% | Wedbush | Matt Bryson | → $70 | Maintains | Outperform | Get Alert |
| 05/23/2024 | Buy Now | -0.66% | Morgan Stanley | Meta Marshall | $48 → $60 | Maintains | Overweight | Get Alert |
| 05/21/2024 | Buy Now | -15.56% | Barclays | Tim Long | $51 → $51 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 04/19/2024 | Buy Now | 4.3% | Raymond James | Simon Leopold | $52 → $63 | Downgrade | Strong Buy → Outperform | Get Alert |
| 04/11/2024 | Buy Now | 9.27% | Needham | Mike Cikos | → $66 | Reiterates | Buy → Buy | Get Alert |
| 04/11/2024 | Buy Now | 7.62% | Susquehanna | Mehdi Hosseini | $45 → $65 | Maintains | Positive | Get Alert |
| 03/15/2024 | Buy Now | 7.62% | Citigroup | Asiya Merchant | → $65 | Initiates | → Buy | Get Alert |
| 03/12/2024 | Buy Now | 5.96% | Keybanc | Thomas Blakey | $55 → $64 | Maintains | Overweight | Get Alert |
| 03/06/2024 | Buy Now | 9.27% | Needham | Mike Cikos | → $66 | Initiates | → Buy | Get Alert |
| 02/29/2024 | Buy Now | -8.94% | Keybanc | Thomas Blakey | $51 → $55 | Maintains | Overweight | Get Alert |
| 02/29/2024 | Buy Now | -23.84% | Stifel | Matthew Sheerin | $41 → $46 | Maintains | Hold | Get Alert |
| 02/29/2024 | Buy Now | -20.53% | Morgan Stanley | Meta Marshall | $43 → $48 | Maintains | Overweight | Get Alert |
| 02/29/2024 | Buy Now | -17.22% | JP Morgan | Pinjalim Bora | $45 → $50 | Maintains | Overweight | Get Alert |
| 02/29/2024 | Buy Now | -17.22% | B of A Securities | Wamsi Mohan | $42 → $50 | Maintains | Neutral | Get Alert |
| 02/29/2024 | Buy Now | -15.56% | Barclays | Tim Long | $42 → $51 | Maintains | Overweight | Get Alert |
| 02/29/2024 | Buy Now | -27.15% | UBS | David Vogt | $38 → $44 | Maintains | Neutral | Get Alert |
| 02/23/2024 | Buy Now | -20.53% | Evercore ISI Group | Amit Daryanani | $41 → $48 | Maintains | Outperform | Get Alert |
| 02/14/2024 | Buy Now | -32.12% | Stifel | Matthew Sheerin | $41 → $41 | Downgrade | Buy → Hold | Get Alert |
| 02/09/2024 | Buy Now | -15.56% | Keybanc | Thomas Blakey | $47 → $51 | Maintains | Overweight | Get Alert |
| 01/24/2024 | Buy Now | -22.19% | Keybanc | Thomas Blakey | $43 → $47 | Maintains | Overweight | Get Alert |
| 01/18/2024 | Buy Now | -28.81% | Keybanc | Thomas Blakey | $40 → $43 | Maintains | Overweight | Get Alert |
| 11/30/2023 | Buy Now | -30.46% | Raymond James | Simon Leopold | $45 → $42 | Maintains | Strong Buy | Get Alert |
| 11/30/2023 | Buy Now | -37.09% | Stifel | Matthew Sheerin | $41 → $38 | Maintains | Buy | Get Alert |
| 11/30/2023 | Buy Now | -33.77% | JP Morgan | Pinjalim Bora | $45 → $40 | Maintains | Overweight | Get Alert |
| 11/30/2023 | Buy Now | -33.77% | Morgan Stanley | Meta Marshall | $42 → $40 | Maintains | Overweight | Get Alert |
| 11/30/2023 | Buy Now | -33.77% | Wedbush | Matt Bryson | $45 → $40 | Maintains | Outperform | Get Alert |
| 08/31/2023 | Buy Now | -32.12% | Stifel | Matthew Sheerin | → $41 | Reiterates | Buy → Buy | Get Alert |
| 08/31/2023 | Buy Now | -17.22% | TD Cowen | Krish Sankar | $44 → $50 | Maintains | Outperform | Get Alert |
| 08/31/2023 | Buy Now | -25.5% | Wedbush | Matt Bryson | $39 → $45 | Maintains | Outperform | Get Alert |
| 08/31/2023 | Buy Now | -37.09% | UBS | David Vogt | $31 → $38 | Maintains | Neutral | Get Alert |
| 08/31/2023 | Buy Now | -27.15% | Evercore ISI Group | Amit Daryanani | $42 → $44 | Maintains | Outperform | Get Alert |
| 08/31/2023 | Buy Now | -25.5% | Credit Suisse | Shannon Cross | → $45 | Reiterates | Outperform → Outperform | Get Alert |
| 08/31/2023 | Buy Now | -25.5% | Raymond James | Simon Leopold | $41 → $45 | Maintains | Strong Buy | Get Alert |
| 08/31/2023 | Buy Now | -30.46% | Barclays | Tim Long | $38 → $42 | Maintains | Overweight | Get Alert |
| 08/28/2023 | Buy Now | -37.09% | B of A Securities | Wamsi Mohan | $33 → $38 | Maintains | Neutral | Get Alert |
| 08/11/2023 | Buy Now | -27.15% | Keybanc | Thomas Blakey | $40 → $44 | Maintains | Overweight | Get Alert |
| 06/16/2023 | Buy Now | -30.46% | Morgan Stanley | Meta Marshall | $34 → $42 | Maintains | Overweight | Get Alert |
| 06/16/2023 | Buy Now | -25.5% | Wells Fargo | Aaron Rakers | $37 → $45 | Maintains | Overweight | Get Alert |
| 06/02/2023 | Buy Now | -30.46% | Credit Suisse | Shannon Cross | $40 → $42 | Maintains | Outperform | Get Alert |
| 06/01/2023 | Buy Now | -40.4% | Deutsche Bank | Sidney Ho | $32 → $36 | Maintains | Buy | Get Alert |
| 06/01/2023 | Buy Now | -43.71% | Lake Street | Eric Martinuzzi | $32 → $34 | Maintains | Buy | Get Alert |
| 06/01/2023 | Buy Now | -35.43% | Wedbush | Matt Bryson | $34 → $39 | Maintains | Outperform | Get Alert |
| 06/01/2023 | Buy Now | -32.12% | Raymond James | Simon Leopold | $40 → $41 | Maintains | Strong Buy | Get Alert |
| 06/01/2023 | Buy Now | -37.09% | Barclays | Tim Long | $37 → $38 | Maintains | Overweight | Get Alert |
| 06/01/2023 | Buy Now | -33.77% | Keybanc | Thomas Blakey | $35 → $40 | Maintains | Overweight | Get Alert |
| 04/06/2023 | Buy Now | -43.71% | Wedbush | Matt Bryson | → $34 | Upgrade | Neutral → Outperform | Get Alert |
| 03/27/2023 | Buy Now | -47.02% | Lake Street | Eric Martinuzzi | → $32 | Maintains | Buy | Get Alert |
| 03/02/2023 | Buy Now | -42.05% | JP Morgan | Pinjalim Bora | $40 → $35 | Maintains | Overweight | Get Alert |
| 03/02/2023 | Buy Now | -38.74% | Barclays | Tim Long | $42 → $37 | Maintains | Overweight | Get Alert |
| 03/02/2023 | Buy Now | -47.02% | Deutsche Bank | Sidney Ho | $38 → $32 | Maintains | Buy | Get Alert |
| 03/02/2023 | Buy Now | -48.68% | UBS | David Vogt | $33 → $31 | Maintains | Neutral | Get Alert |
| 03/02/2023 | Buy Now | -28.81% | Raymond James | Simon Leopold | $40 → $43 | Maintains | Strong Buy | Get Alert |
| 03/02/2023 | Buy Now | -38.74% | Wells Fargo | Aaron Rakers | $40 → $37 | Maintains | Overweight | Get Alert |
| 03/02/2023 | Buy Now | -48.68% | TD Cowen | Krish Sankar | $37 → $31 | Maintains | Outperform | Get Alert |
| 03/02/2023 | Buy Now | -33.77% | Credit Suisse | Shannon Cross | → $40 | Reiterates | → Outperform | Get Alert |
| 03/02/2023 | Buy Now | -43.71% | Morgan Stanley | Meta Marshall | $37 → $34 | Maintains | Overweight | Get Alert |
| 03/02/2023 | Buy Now | -42.05% | Keybanc | Thomas Blakey | $39 → $35 | Maintains | Overweight | Get Alert |
| 02/22/2023 | Buy Now | -33.77% | Credit Suisse | Shannon Cross | → $40 | Reiterates | → Outperform | Get Alert |
| 12/01/2022 | Buy Now | -28.81% | Raymond James | Simon Leopold | $42 → $43 | Maintains | Strong Buy | Get Alert |
| 12/01/2022 | Buy Now | -33.77% | Credit Suisse | Shannon Cross | $44 → $40 | Maintains | Outperform | Get Alert |
| 11/25/2022 | Buy Now | -33.77% | JP Morgan | Pinjalim Bora | $43 → $40 | Maintains | Overweight | Get Alert |
| 10/31/2022 | Buy Now | -38.74% | Morgan Stanley | Meta Marshall | $35 → $37 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 09/01/2022 | Buy Now | -37.09% | Lake Street | Eric Martinuzzi | $36 → $38 | Maintains | Buy | Get Alert |
| 09/01/2022 | Buy Now | -42.05% | Wedbush | Matt Bryson | $30 → $35 | Maintains | Neutral | Get Alert |
| 09/01/2022 | Buy Now | -42.05% | Morgan Stanley | Meta Marshall | $33 → $35 | Maintains | Equal-Weight | Get Alert |
| 09/01/2022 | Buy Now | -30.46% | Raymond James | Simon Leopold | $39 → $42 | Maintains | Strong Buy | Get Alert |
| 09/01/2022 | Buy Now | -27.15% | Credit Suisse | Shannon Cross | $36 → $44 | Maintains | Outperform | Get Alert |
| 09/01/2022 | Buy Now | -30.46% | Barclays | Tim Long | $39 → $42 | Maintains | Overweight | Get Alert |
| 09/01/2022 | Buy Now | -35.43% | Keybanc | Thomas Blakey | $34 → $39 | Maintains | Overweight | Get Alert |
| 08/29/2022 | Buy Now | -37.09% | Evercore ISI Group | Amit Daryanani | $33 → $38 | Maintains | Outperform | Get Alert |
| 08/17/2022 | Buy Now | -40.4% | Credit Suisse | Shannon Cross | → $36 | Initiates | → Outperform | Get Alert |
| 08/02/2022 | Buy Now | -47.02% | UBS | David Vogt | $36 → $32 | Maintains | Neutral | Get Alert |
| 06/28/2022 | Buy Now | -45.36% | Evercore ISI Group | Amit Daryanani | $40 → $33 | Maintains | Outperform | Get Alert |
| 06/14/2022 | Buy Now | -45.36% | Morgan Stanley | Erik Lapinski | $35 → $33 | Maintains | Equal-Weight | Get Alert |
| 06/02/2022 | Buy Now | -27.15% | Northland Capital Markets | Nehal Chokshi | $42 → $44 | Maintains | Outperform | Get Alert |
| 06/02/2022 | Buy Now | -43.71% | Keybanc | Thomas Blakey | $43 → $34 | Maintains | Overweight | Get Alert |
| 05/20/2022 | Buy Now | -55.3% | B of A Securities | Wamsi Mohan | $34 → $27 | Downgrade | Buy → Neutral | Get Alert |
| 04/05/2022 | Buy Now | -40.4% | UBS | David Vogt | → $36 | Initiates | → Neutral | Get Alert |
| 03/28/2022 | Buy Now | -28.81% | Keybanc | Thomas Blakey | $36 → $43 | Maintains | Overweight | Get Alert |
FAQ
What is the target price for Pure Storage (PSTG) stock?
The latest price target for Pure Storage (NYSE:PSTG) was reported by UBS on July 2, 2024. The analyst firm set a price target for $47.00 expecting PSTG to fall to within 12 months (a possible -22.19% downside). 57 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Pure Storage (PSTG)?
The latest analyst rating for Pure Storage (NYSE:PSTG) was provided by UBS, and Pure Storage downgraded their sell rating.
When was the last upgrade for Pure Storage (PSTG)?
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.
When was the last downgrade for Pure Storage (PSTG)?
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.
When is the next analyst rating going to be posted or updated for Pure Storage (PSTG)?
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 July 2, 2024 so you should expect the next rating to be made available sometime around July 2, 2025.
Is the Analyst Rating Pure Storage (PSTG) correct?
While ratings are subjective and will change, the latest Pure Storage (PSTG) rating was a downgraded with a price target of $44.00 to $47.00. The current price Pure Storage (PSTG) is trading at is $60.40, which is out of the analyst’s predicted range.
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