Pure Storage, Inc. (PSTG) Social Stream
PURE STORAGE INC (PSTG) Price Targets From Analysts
Use the tables below to see what analysts covering PURE STORAGE INC think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-23 | 13 | $36 | $25 | $30.833 | $36.99 | -16.65% |
| 2021-11-24 | 13 | $40 | $30 | $34.75 | $36.99 | -6.06% |
| 2022-01-05 | 14 | $40 | $30 | $34.846 | $36.99 | -5.8% |
| 2022-01-17 | 14 | $40 | $30 | $34.923 | $36.99 | -5.59% |
| 2022-02-23 | 13 | $40 | $30 | $35.166 | $36.99 | -4.93% |
| 2022-03-01 | 13 | $40 | $30 | $35.077 | $36.99 | -5.17% |
| 2022-03-03 | 14 | $42 | $30 | $36.153 | $36.99 | -2.26% |
| 2022-03-27 | 13 | $43 | $30 | $36.692 | $36.99 | -0.81% |
| 2022-04-05 | 13 | $43 | $34 | $37.153 | $36.99 | 0.44% |
| 2022-05-23 | 12 | $43 | $27 | $36.615 | $36.99 | -1.01% |
| 2022-05-31 | 12 | $43 | $27 | $36 | $36.99 | -2.68% |
| 2022-06-02 | 13 | $44 | $29 | $35.615 | $36.99 | -3.72% |
| 2022-06-09 | 14 | $44 | $29 | $35.769 | $36.99 | -3.3% |
| 2022-06-14 | 14 | $44 | $29 | $35.615 | $36.99 | -3.72% |
| 2022-07-13 | 15 | $44 | $29 | $35.428 | $36.99 | -4.22% |
| 2022-08-22 | 15 | $44 | $29 | $35.642 | $36.99 | -3.64% |
| 2022-08-29 | 15 | $44 | $29 | $36 | $36.99 | -2.68% |
| 2022-09-17 | 17 | $47 | $32 | $38.375 | $36.99 | 3.74% |
| 2022-10-31 | 17 | $47 | $32 | $38.5 | $36.99 | 4.08% |
| 2022-11-25 | 17 | $47 | $32 | $38.312 | $36.99 | 3.57% |
| 2022-11-28 | 17 | $47 | $30 | $38 | $36.99 | 2.73% |
| 2022-12-01 | 17 | $47 | $32 | $38.937 | $36.99 | 5.26% |
| 2023-02-06 | 16 | $47 | $32 | $38.937 | $36.99 | 5.26% |
| 2023-02-27 | 16 | $47 | $32 | $38.812 | $36.99 | 4.93% |
| 2023-03-02 | 17 | $47 | $30 | $36.176 | $36.99 | -2.2% |
| 2023-04-20 | 17 | $47 | $30 | $36.176 | $36.99 | -2.2% |
| 2023-05-26 | 16 | $47 | $30 | $36.176 | $36.99 | -2.2% |
| 2023-06-01 | 17 | $47 | $31 | $37.176 | $36.99 | 0.5% |
| 2023-06-06 | 17 | $47 | $31 | $37.647 | $36.99 | 1.78% |
| 2023-06-15 | 17 | $47 | $31 | $38 | $36.99 | 2.73% |
| 2023-06-16 | 17 | $47 | $31 | $39.647 | $36.99 | 7.18% |
| 2023-08-11 | 17 | $47 | $31 | $40.235 | $36.99 | 8.77% |
| 2023-08-28 | 17 | $47 | $31 | $40.47 | $36.99 | 9.41% |
| 2023-08-30 | 17 | $47 | $31 | $40.937 | $36.99 | 10.67% |
| 2023-09-01 | 17 | $50 | $31 | $42.47 | $36.99 | 14.81% |
| 2023-09-05 | 17 | $50 | $38 | $43.117 | $36.99 | 16.56% |
| 2023-10-18 | 17 | $50 | $33 | $42.647 | $36.99 | 15.29% |
| 2023-11-29 | 17 | $58 | $33 | $43.294 | $36.99 | 17.04% |
| 2023-12-01 | 17 | $58 | $33 | $41.5 | $36.99 | 12.19% |
| 2023-12-06 | 17 | $58 | $35 | $41.25 | $36.99 | 11.52% |
| 2023-12-29 | 18 | $58 | $35 | $41.647 | $36.99 | 12.59% |
The Trend in the Analyst Price Target
PSTG's average price target has moved down $1.65 over the prior 70 days.
Over the past 49 weeks, PSTG's average upside potential has been 20.79%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-03-02 | 16 | 47 | 30 | 37.352 | 24.43 | 52.89% |
| 2023-06-16 | 17 | 47 | 31 | 40.235 | 37.74 | 6.61% |
| 2023-08-11 | 17 | 47 | 31 | 40.235 | 36.02 | 11.7% |
| 2023-09-11 | 17 | 50 | 33 | 42.647 | 39.18 | 8.85% |
| 2023-12-01 | 17 | 58 | 33 | 41.500 | 33.15 | 25.19% |
PSTG Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.25 | 15 | 1 | 2 | 0 | 0 | 18 |
The Trend in the Broker Recommendations
PSTG's average broker recommendation rating improved by 0.19 over the prior 46 months.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for PSTG as an investment opportunity.
- To contextualize these metrics, consider that out of all US stocks, PURE STORAGE INC's number of analysts covering the stock is greater than 4336.05% of them.
- In terms of how PURE STORAGE INC fares relative to all US stocks, note that its upside potential (average analyst target price relative to current price) is higher than 1491.95% of that group.
- In the context of stocks in the large market cap category, PURE STORAGE INC's average analyst price target is higher than 1191.09% of them.
- PSTG has a lower variance in analysts' estimates than -1809.6% of Technology stocks.
In the Computers industry, STX, NTAP, and WDC are the three stocks most similar to PURE STORAGE INC regarding the price target and analyst recommendation information presented here.
View All Top Stocks by Price Target
Is PSTG a Buy, Hold or Sell? See the POWR Ratings now!