Evercore ISI reiterated coverage on Pure Storage with a new price target
$PSTG
Electronic Components
Technology
Evercore ISI reiterated coverage of Pure Storage with a rating of Outperform and set a new price target of $75.00 from $70.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/4/2024 | $56.00 → $61.00 | Equal Weight | Barclays |
| 12/4/2024 | $75.00 → $80.00 | Overweight | Wells Fargo |
| 12/4/2024 | $63.00 → $75.00 | Buy | Citigroup |
| 12/4/2024 | $60.00 → $75.00 | Overweight | Analyst |
| 12/4/2024 | $62.00 → $75.00 | Buy | Needham |
| 12/4/2024 | $60.00 → $65.00 | Hold | Stifel |
| 12/4/2024 | $70.00 → $75.00 | Outperform | Evercore ISI |
| 12/4/2024 | $70.00 → $80.00 | Buy | TD Cowen |
Q1 total revenue growth of 12% year-over-year Storage as a Service offerings TCV sales growth of 70% SANTA CLARA, Calif., May 28, 2025 /PRNewswire/ -- Today Pure Storage (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technologies and services, announced financial results for its first quarter fiscal year 2026 ended May 4, 2025. "Pure continues to demonstrate the superiority of our technology and strategy through our steady growth and the expansion of our products and services," said Pure Storage CEO and Chairman, Charles Giancarlo. "Pure's pla
SANTA CLARA, Calif., May 27, 2025 /PRNewswire/ -- Pure Storage® (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced a collaboration with SK hynix Inc, a pioneer in the global AI memory industry, to deliver state-of-the-art QLC flash storage products that meet the high-capacity, energy efficient requirements for data-intensive hyperscaler environments. Customer Challenge:Modern data centers require solutions that can provide high storage density capabilities without sacrificing performance or energy efficienc
BOSTON, May 19, 2025 /PRNewswire/ -- Red Hat Summit 2025 — Pure Storage® (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced Portworx® for KubeVirt - the first software-defined storage, virtualization-centric offering that provides a more cost-effective, low-risk approach for running VM workloads on Kubernetes using Red Hat OpenShift Virtualization Engine. By combining Portworx by Pure Storage with Red Hat OpenShift Virtualization Engine, enterprises can deploy and manage virtual machines (VMs) to containers
NEW YORK, Jan. 2, 2024 /PRNewswire/ -- Pure Storage Inc. (NYSE:PSTG) will replace Patterson Companies Inc. (NASD:PDCO) in the S&P MidCap 400, and Patterson Companies will replace Chico's FAS Inc. (NYSE:CHS) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, January 5. Sycamore Partners is acquiring Chico's FAS in a transaction expected to be completed on or about that date pending final conditions. Patterson Companies has a market capitalization that is more representative of the small-cap market space. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index N
B2B Veteran Brings Decades of Experience Driving Growth and Innovation Across Hybrid Cloud and Software Markets SANTA CLARA, Calif., Dec. 5, 2023 /PRNewswire/ -- Pure Storage® (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced the appointment of Lynn Lucas as its Chief Marketing Officer (CMO). She will report directly to Pure Storage Chief Operating Officer Matt Burr. Lucas comes to Pure Storage as an award-winning and results-driven marketeer who has led marketing organizations for both high growth SaaS c
SAN MATEO, Calif., Aug. 28, 2023 (GLOBE NEWSWIRE) -- Freshworks Inc., (NASDAQ:FRSH) today announced the appointment of Johanna Jackman as the company's new Chief People Officer (CPO). Johanna joins the executive team and reports to Freshwork's Chief Executive Officer Girish Mathrubootham and President Dennis Woodside. Jackman will be responsible for the company's global human resources strategy and operations, which oversees HR business partnerships, talent acquisition and employee development, facilities, compensation and benefits, corporate social responsibility programs, and diversity, equity and inclusion strategy. A global executive who focuses on driving business impact, Jackman has
4 - Pure Storage, Inc. (0001474432) (Issuer)
4 - Pure Storage, Inc. (0001474432) (Issuer)
4 - Pure Storage, Inc. (0001474432) (Issuer)
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8-K - Pure Storage, Inc. (0001474432) (Filer)
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Q1 total revenue growth of 12% year-over-year Storage as a Service offerings TCV sales growth of 70% SANTA CLARA, Calif., May 28, 2025 /PRNewswire/ -- Today Pure Storage (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technologies and services, announced financial results for its first quarter fiscal year 2026 ended May 4, 2025. "Pure continues to demonstrate the superiority of our technology and strategy through our steady growth and the expansion of our products and services," said Pure Storage CEO and Chairman, Charles Giancarlo. "Pure's pla
SANTA CLARA, Calif., May 6, 2025 /PRNewswire/ -- Pure Storage® (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced it will host a conference call on Wednesday, May 28, at 2:00 p.m. PT to discuss its financial results for first quarter fiscal 2026 ended May 4, 2025. This conference call will be held following the release of Pure Storage's financial results. First Quarter Fiscal 2026 Conference Call Details A live audio broadcast of the conference call will be available at the Pure Storage Investor Relations w
Delivers double-digit revenue growth and strong profitability in Q4 Full year 2025 revenue surpasses $3 billion, representing growth of 12% year-over-year SANTA CLARA, Calif., Feb. 26, 2025 /PRNewswire/ -- Today Pure Storage (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technologies and services, announced financial results for its fiscal fourth quarter and full year 2025 ended February 2, 2025. "Pure Storage delivered solid fourth quarter and full year results as we fundamentally transform data storage and management for enterprises and hype
Barclays reiterated coverage of Pure Storage with a rating of Equal Weight and set a new price target of $61.00 from $56.00 previously
Wells Fargo reiterated coverage of Pure Storage with a rating of Overweight and set a new price target of $80.00 from $75.00 previously
Citigroup reiterated coverage of Pure Storage with a rating of Buy and set a new price target of $75.00 from $63.00 previously