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PSTG
(NYSE)
Pure Storage, Inc.
$62.48-- (--)
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Pure Storage, Inc. (PSTG) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Pure Storage, Inc. stock.

Analyst Consensus Rating

Investment consensus from 7 professional research analysts

Consensus Rating

Buy
Based on 7 unique analysts
Medium Confidence5.0:1 Buy/Sell

Average Price Target

$85.00
36.04% Upside

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Strong Sell
Sell
Hold
Buy
Strong Buy

Latest PSTG Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Nehal Chokshi
Northland Capital
BuyUpgrades
$77.00 $81.00
Tim Long
Barclays
HoldMaintains
$77.00 $81.00
David Vogt
UBS
Strong SellMaintains
$60.00 $63.00
Aaron Rakers
Wells Fargo
BuyMaintains
$100.00 $90.00
Matt Bryson
Wedbush
BuyReiterates
$100.00 $100.00
Amit Daryanani
Evercore ISI Group
BuyMaintains
$105.00 $90.00
Asiya Merchant
Citi
Strong BuyMaintains
$105.00 $90.00

Frequently Asked Questions

What is the analyst consensus rating for PSTG?

The analyst consensus rating for PSTG is "Buy" based on 7 analyst recommendations.

What is the average price target for PSTG?

The average 12-month price target for PSTG is $85.00, representing an upside of 36.0% from the current price of $62.48.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.