Pure Storage, Inc. (PSTG) Social Stream



Pure Storage, Inc. (PSTG): $64.92

2.36 (+3.77%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

A

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Industry: Technology - Storage

Industry

A

Ranked

#1 of 1

in industry

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.

Is PSTG a Buy, Hold or Sell? See the POWR Ratings now!


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