The ownership structure of Pure Storage (PSTG) stock is a mix of institutional, retail and individual investors. Approximately 69.24% of the company's stock is owned by Institutional Investors, 11.44% is owned by Insiders and 19.31% is owned by Public Companies and Individual Investors.Earnings Overview
For the full year, Pure generated revenue of $2.8 billion, a 3% increase from the previous year. The company also reported an operating margin of approximately 16% for fiscal 2024, above its original guidance of 15%.US$2.83b
Pure Storage (NYSE:PSTG) Full Year 2024 Results
Revenue: US$2.83b (up 2.8% from FY 2023). Net income: US$61.3m (down 16% from FY 2023). Profit margin: 2.2% (down from 2.7% in FY 2023). EPS: US$0.20 (down from US$0.24 in FY 2023).
What is the market share of Pure Storage : What is Pure Storage market share in the storage-infrastructure Pure Storage has market share of 0.74% in storage-infrastructure market. Pure Storage competes with 48 competitor tools in storage-infrastructure category.
Is Pure Storage a unicorn
Like a number of other unicorns, Pure Storage's later funding rounds have drawn investors who more typically operate in the public equity market.
Is Pure Storage better than NetApp : Price to Value Only NetApp FabricPool automatically balances and optimizes your production all-flash capacity with efficient cloud storage. Pure's inefficient approach to data placement requires separate storage arrays and can't leverage cost-effective HDD storage media.
Competitors and Alternatives to Pure Storage
Hewlett Packard Enterprise (HPE)
NetApp.
Dell Technologies.
IBM.
Hitachi Vantara.
Fujitsu.
Huawei.
Oracle.
Pure Storage total number of employees in 2024 was 5,600, a 9.8% increase from 2023. Pure Storage total number of employees in 2023 was 5,100, a 21.43% increase from 2022. Pure Storage total number of employees in 2022 was 4,200, a 10.53% increase from 2021.
Is Pure Storage a good stock to buy
The average price target represents -4.97% Decrease from the current price of $59.15. What do analysts say about Pure Storage Pure Storage's analyst rating consensus is a Strong Buy.The company is based in San Jose, California. It has ranked in the Fortune 500 from 2012 to 2021. Founded in 1992 with an initial public offering in 1995, NetApp offers cloud data services for management of applications and data both online and physically.Pure provides built-in data replication and space-efficient, immutable snapshots, providing protection against human error and malicious intent. With Safemode™ enabled, ransomware can't eradicate, modify, or encrypt snapshots, even with admin credentials.
The company delivered strong numbers across the board, with subscription services revenue up 24% from a year earlier, to $328.9 million. Subscription-based annual recurring revenue came to $1.4 billion, representing a gain of 25%.
Is Pure Storage overvalued : Compared to the current market price of 54.41 USD, Pure Storage Inc is Overvalued by 25%.
Is pure storage better than NetApp : Price to Value Only NetApp FabricPool automatically balances and optimizes your production all-flash capacity with efficient cloud storage. Pure's inefficient approach to data placement requires separate storage arrays and can't leverage cost-effective HDD storage media.
What is the net worth of NetApp
NetApp Market Cap
NetApp has a market cap or net worth of $22.81 billion as of May 17, 2024. Its market cap has increased by 68.52% in one year.
The average price target represents -4.49% Decrease from the current price of $58.85. What do analysts say about Pure Storage Pure Storage's analyst rating consensus is a Strong Buy.The highest analyst price target is $66.00 ,the lowest forecast is $44.00. The average price target represents 12.43% Increase from the current price of $49.46. Pure Storage's analyst rating consensus is a Strong Buy. This is based on the ratings of 18 Wall Streets Analysts.
Is PSTG a good stock : Six analysts revised their earnings estimate upwards in the last 60 days for fiscal 2025. The Zacks Consensus Estimate has increased $0.03 to $1.55 per share. PSTG boasts an average earnings surprise of 38.6%. With a solid Zacks Rank and top-tier Growth and VGM Style Scores, PSTG should be on investors' short list.
Antwort What is the net worth of pure storage? Weitere Antworten – Who owns Pure Storage
The ownership structure of Pure Storage (PSTG) stock is a mix of institutional, retail and individual investors. Approximately 69.24% of the company's stock is owned by Institutional Investors, 11.44% is owned by Insiders and 19.31% is owned by Public Companies and Individual Investors.Earnings Overview
For the full year, Pure generated revenue of $2.8 billion, a 3% increase from the previous year. The company also reported an operating margin of approximately 16% for fiscal 2024, above its original guidance of 15%.US$2.83b
Pure Storage (NYSE:PSTG) Full Year 2024 Results
Revenue: US$2.83b (up 2.8% from FY 2023). Net income: US$61.3m (down 16% from FY 2023). Profit margin: 2.2% (down from 2.7% in FY 2023). EPS: US$0.20 (down from US$0.24 in FY 2023).
What is the market share of Pure Storage : What is Pure Storage market share in the storage-infrastructure Pure Storage has market share of 0.74% in storage-infrastructure market. Pure Storage competes with 48 competitor tools in storage-infrastructure category.
Is Pure Storage a unicorn
Like a number of other unicorns, Pure Storage's later funding rounds have drawn investors who more typically operate in the public equity market.
Is Pure Storage better than NetApp : Price to Value Only NetApp FabricPool automatically balances and optimizes your production all-flash capacity with efficient cloud storage. Pure's inefficient approach to data placement requires separate storage arrays and can't leverage cost-effective HDD storage media.
Competitors and Alternatives to Pure Storage
Pure Storage total number of employees in 2024 was 5,600, a 9.8% increase from 2023. Pure Storage total number of employees in 2023 was 5,100, a 21.43% increase from 2022. Pure Storage total number of employees in 2022 was 4,200, a 10.53% increase from 2021.
Is Pure Storage a good stock to buy
The average price target represents -4.97% Decrease from the current price of $59.15. What do analysts say about Pure Storage Pure Storage's analyst rating consensus is a Strong Buy.The company is based in San Jose, California. It has ranked in the Fortune 500 from 2012 to 2021. Founded in 1992 with an initial public offering in 1995, NetApp offers cloud data services for management of applications and data both online and physically.Pure provides built-in data replication and space-efficient, immutable snapshots, providing protection against human error and malicious intent. With Safemode™ enabled, ransomware can't eradicate, modify, or encrypt snapshots, even with admin credentials.
The company delivered strong numbers across the board, with subscription services revenue up 24% from a year earlier, to $328.9 million. Subscription-based annual recurring revenue came to $1.4 billion, representing a gain of 25%.
Is Pure Storage overvalued : Compared to the current market price of 54.41 USD, Pure Storage Inc is Overvalued by 25%.
Is pure storage better than NetApp : Price to Value Only NetApp FabricPool automatically balances and optimizes your production all-flash capacity with efficient cloud storage. Pure's inefficient approach to data placement requires separate storage arrays and can't leverage cost-effective HDD storage media.
What is the net worth of NetApp
NetApp Market Cap
NetApp has a market cap or net worth of $22.81 billion as of May 17, 2024. Its market cap has increased by 68.52% in one year.
The average price target represents -4.49% Decrease from the current price of $58.85. What do analysts say about Pure Storage Pure Storage's analyst rating consensus is a Strong Buy.The highest analyst price target is $66.00 ,the lowest forecast is $44.00. The average price target represents 12.43% Increase from the current price of $49.46. Pure Storage's analyst rating consensus is a Strong Buy. This is based on the ratings of 18 Wall Streets Analysts.
Is PSTG a good stock : Six analysts revised their earnings estimate upwards in the last 60 days for fiscal 2025. The Zacks Consensus Estimate has increased $0.03 to $1.55 per share. PSTG boasts an average earnings surprise of 38.6%. With a solid Zacks Rank and top-tier Growth and VGM Style Scores, PSTG should be on investors' short list.