$51.82
-0.50[-0.96%]
At close: Apr 18
$51.82
0[0.00%]
After Hours: 5:17PM EDT
Pure Storage
(NYSE:PSTG)Pure Storage Stock (NYSE:PSTG), Analyst Ratings, Price Targets, Predictions
Pure Storage Inc has a consensus price target of $45.13, established from looking at the 94 latest analyst ratings. The last 3 analyst ratings were released from Susquehanna, Needham, and Citigroup on April 11, 2024, April 11, 2024, and March 15, 2024. With an average price target of $65.33 between Susquehanna, Needham, and Citigroup, there's an implied 26.08% upside for Pure Storage Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Susquehanna
Needham
Citigroup
Keybanc
Stifel
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Pure Storage
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/11/2024 | PSTG | Buy Now | Pure Storage | $51.82 | 25.43% | Susquehanna | Mehdi Hosseini | $45 → $65 | Maintains | Positive | Get Alert |
| 04/11/2024 | PSTG | Buy Now | Pure Storage | $51.82 | 27.36% | Needham | Mike Cikos | → $66 | Reiterates | Buy → Buy | Get Alert |
| 03/15/2024 | PSTG | Buy Now | Pure Storage | $51.82 | 25.43% | Citigroup | Asiya Merchant | → $65 | Initiates | → Buy | Get Alert |
| 03/12/2024 | PSTG | Buy Now | Pure Storage | $51.82 | 23.5% | Keybanc | Thomas Blakey | $55 → $64 | Maintains | Overweight | Get Alert |
| 03/06/2024 | PSTG | Buy Now | Pure Storage | $51.82 | 27.36% | Needham | Mike Cikos | → $66 | Initiates | → Buy | Get Alert |
| 02/29/2024 | PSTG | Buy Now | Pure Storage | $51.82 | 6.14% | Keybanc | Thomas Blakey | $51 → $55 | Maintains | Overweight | Get Alert |
| 02/29/2024 | PSTG | Buy Now | Pure Storage | $51.82 | -11.23% | Stifel | Matthew Sheerin | $41 → $46 | Maintains | Hold | Get Alert |
| 02/29/2024 | PSTG | Buy Now | Pure Storage | $51.82 | -7.37% | Morgan Stanley | Meta Marshall | $43 → $48 | Maintains | Overweight | Get Alert |
| 02/29/2024 | PSTG | Buy Now | Pure Storage | $51.82 | -3.51% | JP Morgan | Pinjalim Bora | $45 → $50 | Maintains | Overweight | Get Alert |
| 02/29/2024 | PSTG | Buy Now | Pure Storage | $51.82 | -3.51% | B of A Securities | Wamsi Mohan | $42 → $50 | Maintains | Neutral | Get Alert |
| 02/29/2024 | PSTG | Buy Now | Pure Storage | $51.82 | -1.58% | Barclays | Tim Long | $42 → $51 | Maintains | Overweight | Get Alert |
| 02/29/2024 | PSTG | Buy Now | Pure Storage | $51.82 | -15.09% | UBS | David Vogt | $38 → $44 | Maintains | Neutral | Get Alert |
| 02/23/2024 | PSTG | Buy Now | Pure Storage | $51.82 | -7.37% | Evercore ISI Group | Amit Daryanani | $41 → $48 | Maintains | Outperform | Get Alert |
| 02/14/2024 | PSTG | Buy Now | Pure Storage | $51.82 | -20.88% | Stifel | Matthew Sheerin | $41 → $41 | Downgrade | Buy → Hold | Get Alert |
| 02/09/2024 | PSTG | Buy Now | Pure Storage | $51.82 | -1.58% | Keybanc | Thomas Blakey | $47 → $51 | Maintains | Overweight | Get Alert |
| 01/24/2024 | PSTG | Buy Now | Pure Storage | $51.82 | -9.3% | Keybanc | Thomas Blakey | $43 → $47 | Maintains | Overweight | Get Alert |
| 01/18/2024 | PSTG | Buy Now | Pure Storage | $51.82 | -17.02% | Keybanc | Thomas Blakey | $40 → $43 | Maintains | Overweight | Get Alert |
| 11/30/2023 | PSTG | Buy Now | Pure Storage | $51.82 | -18.95% | Raymond James | Simon Leopold | $45 → $42 | Maintains | Strong Buy | Get Alert |
| 11/30/2023 | PSTG | Buy Now | Pure Storage | $51.82 | -26.67% | Stifel | Matthew Sheerin | $41 → $38 | Maintains | Buy | Get Alert |
FAQ
What is the target price for Pure Storage (PSTG)?
The latest price target for Pure Storage (NYSE: PSTG) was reported by Susquehanna on April 11, 2024. The analyst firm set a price target for $65.00 expecting PSTG to rise to within 12 months (a possible 25.43% upside). 41 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Pure Storage (PSTG)?
The latest analyst rating for Pure Storage (NYSE: PSTG) was provided by Susquehanna, and Pure Storage maintained their positive rating.
When was the last upgrade for Pure Storage (PSTG)?
The last upgrade for Pure Storage Inc happened on April 6, 2023 when Wedbush raised their price target to $34. Wedbush previously had a neutral for Pure Storage Inc.
When was the last downgrade for Pure Storage (PSTG)?
The last downgrade for Pure Storage Inc happened on February 14, 2024 when Stifel changed their price target from $41 to $41 for Pure Storage Inc.
When is the next analyst rating going to be posted or updated for Pure Storage (PSTG)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Pure Storage, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Pure Storage was filed on April 11, 2024 so you should expect the next rating to be made available sometime around April 11, 2025.
Is the Analyst Rating Pure Storage (PSTG) correct?
While ratings are subjective and will change, the latest Pure Storage (PSTG) rating was a maintained with a price target of $45.00 to $65.00. The current price Pure Storage (PSTG) is trading at is $51.82, which is within the analyst’s predicted range.
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