NYSE: PSTG

Pure Storage Inc Stock Forecast, Predictions & Price Target

The consensus among 13 Wall Street analysts covering (NYSE: PSTG) stock is to Strong Buy PSTG stock.

Out of 13 analysts, 6 (46.15%) are recommending PSTG as a Strong Buy, 4 (30.77%) are recommending PSTG as a Buy, 3 (23.08%) are recommending PSTG as a Hold, 0 (0%) are recommending PSTG as a Sell, and 0 (0%) are recommending PSTG as a Strong Sell.

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(NYSE: PSTG) Pure Storage's forecast annual revenue growth rate of 11.6% is not forecast to beat the US Computer Hardware industry's average forecast revenue growth rate of 27.87%, and while it is forecast to beat the US market's average forecast revenue growth rate of 9.92%.

Pure Storage's revenue in 2024 is $2,830,621,000.On average, 8 Wall Street analysts forecast PSTG's revenue for 2025 to be $1,016,293,775,510, with the lowest PSTG revenue forecast at $1,007,221,954,800, and the highest PSTG revenue forecast at $1,025,449,423,079. On average, 8 Wall Street analysts forecast PSTG's revenue for 2026 to be $1,150,076,244,649, with the lowest PSTG revenue forecast at $1,120,940,562,600, and the highest PSTG revenue forecast at $1,228,583,347,640.

In 2027, PSTG is forecast to generate $1,275,312,922,868 in revenue, with the lowest revenue forecast at $1,258,241,160,555 and the highest revenue forecast at $1,301,915,604,156.

According to 13 Wall Street analysts that have issued a 1 year PSTG price target, the average PSTG price target is $53.85, with the highest PSTG stock price forecast at $66.00 and the lowest PSTG stock price forecast at $40.00.

On average, Wall Street analysts predict that Pure Storage's share price could reach $53.85 by Apr 19, 2025. The average Pure Storage stock price prediction forecasts a potential upside of 3.11% from the current PSTG share price of $52.22.

(NYSE: PSTG) forecast ROE is N/A, which is considered weak.