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.1Pure Storage Announces Fourth Quarter and Full Year Fiscal 2022 Financial ResultsQ4 revenue grew 41% year-over-yearSubscription Services ARR $849million, up 31% year-over-yearDoubled growth of annual operating cash flow, exceeding $400millionMOUNTAIN VIEW, Calif.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).
Should I sell Pure Storage : 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.
Who competes with Pure Storage
Competitors and Alternatives to Pure Storage
Hewlett Packard Enterprise (HPE)
NetApp.
Dell Technologies.
IBM.
Hitachi Vantara.
Fujitsu.
Huawei.
Oracle.
Why buy Pure Storage : 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.
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. PSTG is a Zacks Rank #3 (Hold) stock, with a Growth Style Score of A and VGM Score of B. Earnings are expected to grow 9.2% year-over-year for the current fiscal year, with sales growth of 10.5%. Six analysts revised their earnings estimate upwards in the last 60 days for fiscal 2025.
Is Pure Storage overvalued
Compared to the current market price of 54.41 USD, Pure Storage Inc is Overvalued by 25%.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 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. With Pure Storage, there's no need to separate files on different disks to avoid contention, monitor I/O service times, or periodically reorganize the database storage layout to accommodate changes in the I/O workload profile.
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.
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Antwort Is Pure Storage making money? Weitere Antworten – Does Pure Storage make a profit
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.1Pure Storage Announces Fourth Quarter and Full Year Fiscal 2022 Financial ResultsQ4 revenue grew 41% year-over-yearSubscription Services ARR $849million, up 31% year-over-yearDoubled growth of annual operating cash flow, exceeding $400millionMOUNTAIN VIEW, Calif.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).
Should I sell Pure Storage : 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.
Who competes with Pure Storage
Competitors and Alternatives to Pure Storage
Why buy Pure Storage : 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.
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.
PSTG is a Zacks Rank #3 (Hold) stock, with a Growth Style Score of A and VGM Score of B. Earnings are expected to grow 9.2% year-over-year for the current fiscal year, with sales growth of 10.5%. Six analysts revised their earnings estimate upwards in the last 60 days for fiscal 2025.
Is Pure Storage overvalued
Compared to the current market price of 54.41 USD, Pure Storage Inc is Overvalued by 25%.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 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.
With Pure Storage, there's no need to separate files on different disks to avoid contention, monitor I/O service times, or periodically reorganize the database storage layout to accommodate changes in the I/O workload profile.
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.