Antwort Is Pure Storage a good investment? Weitere Antworten – Does Pure Storage make a profit

Is Pure Storage a good investment?
Chief Analyst & CEO, NAND Research. In its fiscal Q4 2024 earnings release, Pure Storage exceeded revenue and operating profit guidance, demonstrating strong financial performance and market demand for its products and services.Is PSTG a Buy, Sell or Hold Pure Storage has a conensus rating of Strong Buy which is based on 16 buy ratings, 3 hold ratings and 0 sell ratings.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.

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.

Who competes with Pure Storage

Competitors and Alternatives to Pure Storage

  • Hewlett Packard Enterprise (HPE)
  • NetApp.
  • Dell Technologies.
  • IBM.
  • Hitachi Vantara.
  • Fujitsu.
  • Huawei.
  • Oracle.

What is Pure Storage earnings in 2024 : 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).

The average one-year price target for Pure Storage, Inc. is $57.6. The forecasts range from a low of $44.44 to a high of $69.3. A stock's price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings.

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.Like a number of other unicorns, Pure Storage's later funding rounds have drawn investors who more typically operate in the public equity market.Pure Storage has a market cap or net worth of $19.14 billion as of May 17, 2024. Its market cap has increased by 170.92% in one year.

On average, Wall Street analysts predict that Pure Storage's share price could fall to $53.85 by Apr 19, 2025. The average Pure Storage stock price prediction forecasts a potential downside of 8.97% from the current PSTG share price of $59.15. What is PSTG's forecast return on equity (ROE) for 2025-2027

What is the stock price prediction for Pure Storage in 2024 : According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Pure Storage is $51.63, with a high forecast of $66.00 and a low forecast of $40.00.

What is the most overvalued stock : The Top 5 Overvalued Stocks

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Why buy NetApp

Seven factors explain why PeerSpot members chose NetApp® AFF and NetApp Cloud Volumes ONTAP® over competing solutions from Pure Storage, Dell and others: Simplicity, efficiency, and flexibility; workload consolidation; security; cost savings; cloud support; performance; and customer experience.

One of the most unique aspects of Pure Storage is its AI-driven management and support platform, Pure1. This platform uses machine learning and AI to analyze more than a trillion telemetry data points per day, providing actionable insights and predictive analytics.Charles H. Giancarlo (Aug 2017–)Pure Storage / CEO

Charles Giancarlo is Chairman and CEO of Pure Storage, the data storage company that…

What is the forecast for pure storage : The average one-year price target for Pure Storage, Inc. is $57.6. The forecasts range from a low of $44.44 to a high of $69.3. A stock's price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings.