Pure Storage, Inc. (PSTG) Social Stream
PURE STORAGE INC (PSTG) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering PSTG.
| 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 | $27.14 | 13.61% |
| 2021-11-24 | 13 | $40 | $27 | $33.166 | $27.14 | 22.2% |
| 2022-01-05 | 14 | $40 | $30 | $34.846 | $27.14 | 28.39% |
| 2022-01-17 | 14 | $40 | $30 | $34.923 | $27.14 | 28.68% |
| 2022-02-23 | 14 | $40 | $30 | $35.076 | $27.14 | 29.24% |
| 2022-03-01 | 13 | $40 | $30 | $35.077 | $27.14 | 29.24% |
| 2022-03-03 | 14 | $42 | $26.5 | $35.625 | $27.14 | 31.26% |
| 2022-03-27 | 13 | $43 | $30 | $36.692 | $27.14 | 35.2% |
| 2022-04-05 | 14 | $43 | $30 | $36.642 | $27.14 | 35.01% |
| 2022-05-23 | 13 | $43 | $27 | $36.615 | $27.14 | 34.91% |
| 2022-05-31 | 12 | $43 | $27 | $36 | $27.14 | 32.65% |
| 2022-06-02 | 13 | $44 | $29 | $35.615 | $27.14 | 31.23% |
| 2022-06-09 | 14 | $44 | $29 | $35.769 | $27.14 | 31.79% |
| 2022-06-14 | 14 | $44 | $29 | $35.615 | $27.14 | 31.23% |
| 2022-07-13 | 15 | $44 | $29 | $35.428 | $27.14 | 30.54% |
| 2022-08-22 | 15 | $44 | $29 | $35.142 | $27.14 | 29.48% |
| 2022-08-29 | 15 | $44 | $29 | $36 | $27.14 | 32.65% |
| 2022-09-17 | 17 | $47 | $32 | $38.375 | $27.14 | 41.4% |
| 2022-10-31 | 17 | $47 | $32 | $38.5 | $27.14 | 41.86% |
| 2022-11-25 | 17 | $47 | $32 | $38.312 | $27.14 | 41.16% |
| 2022-11-28 | 17 | $47 | $30 | $38 | $27.14 | 40.01% |
| 2022-12-01 | 17 | $47 | $32 | $38.937 | $27.14 | 43.47% |
| 2023-01-10 | 16 | $47 | $32 | $38.937 | $27.14 | 43.47% |
The Trend in the Analyst Price Target
Over the past 141 days, PSTG's average price target has gone up $3.79.
PSTG reports an average of 29.17% for its upside potential over the past 50 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-03-03 | 13 | 42 | 26.5 | 35.625 | 29.89 | 19.19% |
| 2022-03-27 | 14 | 43 | 30.0 | 36.692 | 35.84 | 2.38% |
| 2022-05-23 | 12 | 43 | 27.0 | 36.615 | 23.54 | 55.54% |
| 2022-10-31 | 17 | 47 | 32.0 | 38.500 | 30.86 | 24.76% |
| 2023-01-10 | 16 | 47 | 32.0 | 38.937 | 26.46 | 47.15% |
PSTG Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.44 | 12 | 1 | 3 | 0 | 0 | 16 |
The Trend in the Broker Recommendations
Over the past 35 months, PSTG's average broker recommendation rating improved by 0.03.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- To contextualize these metrics, consider that out of all US stocks, PURE STORAGE INC's number of analysts covering the stock is greater than 2675.89% of them.
- In the context of Technology stocks, PURE STORAGE INC's variance in analysts' estimates is lower than -783.64% of them.
- In the context of Technology stocks, PURE STORAGE INC's upside potential (average analyst target price relative to current price) is higher than 1009.6% of them.
- To contextualize these metrics, consider that out of Computers stocks, PURE STORAGE INC's average analyst price target is higher than 1242.39% of them.
In terms of price targets and recommendations offered by analysts, the stocks in the Computers industry with the ratings most similar to PURE STORAGE INC are QMCO, SMCI, and OMCL.
View All Top Stocks by Price Target
Is PSTG a Buy, Hold or Sell? See the POWR Ratings now!