Why Pure Storage Stock Is Sailing Higher After Earnings
Pure Storage stock is surging after the data storage firm beat earnings expectations and announced a deal with a major technology company. Here's what you need to know.
Why Pure Storage Stock Is Skyrocketing Today
Pure Storage published its third-quarter earnings results after the market closed yesterday and posted sales and earnings that beat the market's expectations. In addition to top- and bottom-line beats in Q3, the company also issued encouraging forward guidance and detailed contract wins with cloud hyperscaler customers.
Pure Storage Stock Soars on Higher Subscription Revenue
Pure Storage reported third-quarter fiscal 2025 adjusted earnings per share (EPS) of $0.50, with revenue advancing 9% year-over-year to $831.1 million. Analysts surveyed by Visible Alpha had been looking for $0.42 and $814.9 million, respectively.
Pure Storage, Inc. (NYSE:PSTG) Q3 2025 Earnings Call Transcript
Q3 2025 Earnings Call Transcript December 3, 2024 Operator: Good day, and welcome to Pure Storage Third Quarter Fiscal 2025 Financial Results Conference Call. Today’s conference is being recorded. All lines have been muted during the presentation portion of the call with an opportunity for questions-and-answers at the end.
Pure Storage Earnings: Hyperscaler Deal Isn't Enough For 36x Forward FCF
Pure Storage's innovative flash-based storage solutions and strong net cash position are commendable. Read why I remain neutral on PSTG stock.
Pure Storage’s (PSTG) Latest Leap: What’s Behind the 23% Surge in Stock Price?
Pure Storage’s YTD performance stands at an exceptional +50.14%, significantly outperforming the broader market. For comparison, the S&P 500 has seen a more modest rise of +26.84% in the same period.
Pure Storage: Fiscal Q3 Earnings Snapshot
Pure Storage Inc. (PSTG) on Tuesday reported fiscal third-quarter profit of $63.6 million. The Santa Clara, California-based company said it had profit of 19 cents per share. Earnings, adjusted for stock option expense and non-recurring costs,
Pure Storage Q3: Sell This Spike (Rating Downgrade)
Financial writer downgrades Pure Storage, Inc. to sell after post-Q3 earnings rally, citing declining margins and slowing ARR growth. Click for this PSTG update.
Pure Storage rises 23.8%
Pure Storage (PSTG) is up 23.8%, or $12.74 to $66.28.Don't Miss our Black Friday Offers:Unlock your investing potential with TipRanks Premium -
Pure Storage price target raised to $63 from $59 at Northland
Northland raised the firm’s price target on Pure Storage (PSTG) to $63 from $59 and keeps a Market Perform rating on the shares. The ...
Pure Storage Shares Soar After Strong Q3, Q4 Guidance Above Estimates: Details
Pure Storage reported its third-quarter results after Tuesday's closing bell. Here's a look at the details from the report.
S&P 500 Futures Climb in Premarket Trading; Pure Storage, Okta Lead
With U.S. stock markets set to open in two hours, Pure Storage Inc. Cl A (PSTG) was up 21.6% in pre-market trading, and Okta Inc. Cl A (OKTA) was up 13.6%.
Barclays Remains a Hold on Pure Storage (PSTG)
In a report released today, Tim Long from Barclays maintained a Hold rating on Pure Storage (PSTG – Research Report), with a price target of ...
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PSTG’s Latest Surge: What’s Behind the Spike?
As of the latest trading close, PSTG, a Technology sector stock, is trading -29.67% below its 52-week high but remains 59.74% above its 52-week low. The Average True Range (ATR) (14 days) of 2.1 ...
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Pure Storage Stock Jumps Pre-Market Following Beat-And-Raise Q3, Kioxia Tie-Up: Retail Relishes Outperformance
Shares of Pure Storage, Inc. ($PSTG) jumped in Wednesday’s premarket session after the advanced data storage technologies and ...