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.
What is the revenue of Pure Storage in 2024 : 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).
Is Pure Storage stock a buy
Broker Rating. Pure Storage currently has an average brokerage recommendation (ABR) of 1.42 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.)
Who competes with Pure Storage : Competitors and Alternatives to Pure Storage
Hewlett Packard Enterprise (HPE)
NetApp.
Dell Technologies.
IBM.
Hitachi Vantara.
Fujitsu.
Huawei.
Oracle.
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. Broker Rating. Pure Storage currently has an average brokerage recommendation (ABR) of 1.42 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.)
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.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.Compared to the current market price of 54.41 USD, Pure Storage Inc is Overvalued by 25%. 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
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.
Why is Storage a good investment : Self storage has low operational costs and, therefore, lower business and operating risks. Low operating costs mean you have high profit margins and can manage short-term revenue fluctuations better. Furthermore, if a tenant breaks some rules or does not pay rental charges, you can mark a lien against their property.
What is the long term forecast for Pure Storage
PSTG boasts a Growth Style Score of A and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Its bottom-line is projected to rise 9.2% year-over-year for 2025, while Wall Street anticipates its top line to improve by 10.5%. 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.Is NetApp a good company to work for NetApp has an overall rating of 4.3 out of 5, based on over 5,312 reviews left anonymously by employees. 92% of employees would recommend working at NetApp to a friend and 80% have a positive outlook for the business. This rating has been stable over the past 12 months.
How old is Pure Storage : Pure Storage was founded in 2009 and developed its products in stealth mode until 2011. Afterwards, the company grew in revenues by about 50% per quarter and raised more than $470 million in venture capital funding, before going public in 2015.
![Kladsko-5-malý-Karlův-Most[1]](https://www.einarstrayorchestra.com/wp-content/uploads/2024/06/Kladsko-5-maly-Karluv-Most1-1024x692-250x120.jpg)
![Stubai[1]](https://www.einarstrayorchestra.com/wp-content/uploads/2024/06/Stubai1-250x120.jpg)
Antwort Is Pure Storage stock a good investment? 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.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.
What is the revenue of Pure Storage in 2024 : 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).
Is Pure Storage stock a buy
Broker Rating. Pure Storage currently has an average brokerage recommendation (ABR) of 1.42 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.)
Who competes with Pure Storage : Competitors and Alternatives to Pure Storage
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.
Broker Rating. Pure Storage currently has an average brokerage recommendation (ABR) of 1.42 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.)
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.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.Compared to the current market price of 54.41 USD, Pure Storage Inc is Overvalued by 25%.
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
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.
Why is Storage a good investment : Self storage has low operational costs and, therefore, lower business and operating risks. Low operating costs mean you have high profit margins and can manage short-term revenue fluctuations better. Furthermore, if a tenant breaks some rules or does not pay rental charges, you can mark a lien against their property.
What is the long term forecast for Pure Storage
PSTG boasts a Growth Style Score of A and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Its bottom-line is projected to rise 9.2% year-over-year for 2025, while Wall Street anticipates its top line to improve by 10.5%.
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.Is NetApp a good company to work for NetApp has an overall rating of 4.3 out of 5, based on over 5,312 reviews left anonymously by employees. 92% of employees would recommend working at NetApp to a friend and 80% have a positive outlook for the business. This rating has been stable over the past 12 months.
How old is Pure Storage : Pure Storage was founded in 2009 and developed its products in stealth mode until 2011. Afterwards, the company grew in revenues by about 50% per quarter and raised more than $470 million in venture capital funding, before going public in 2015.