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Upturn AI SWOT - About
PSTG 
Pure Storage Inc (PSTG)
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Upturn Advisory Summary
07/01/2025: PSTG (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Number of Analysts
21 Analysts rated it
Well-followed company, solid analyst reports, reliable data for confident investing.
1 Year Target Price $69.68
1 Year Target Price $69.68
| 10 | Strong Buy |
| 5 | Buy |
| 5 | Hold |
| 0 | Sell |
| 1 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 19.7% | Avg. Invested days 32 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 07/01/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 18.82B USD | Price to earnings Ratio 151.53 | 1Y Target Price 69.68 |
Price to earnings Ratio 151.53 | 1Y Target Price 69.68 | ||
Volume (30-day avg) 21 | Beta 1.06 | 52 Weeks Range 34.51 - 73.67 | Updated Date 07/1/2025 |
52 Weeks Range 34.51 - 73.67 | Updated Date 07/1/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.38 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 3.93% | Operating Margin (TTM) -4% |
Management Effectiveness
Return on Assets (TTM) 1.61% | Return on Equity (TTM) 9.76% |
Valuation
Trailing PE 151.53 | Forward PE 32.26 | Enterprise Value 17511182019 | Price to Sales(TTM) 5.78 |
Enterprise Value 17511182019 | Price to Sales(TTM) 5.78 | ||
Enterprise Value to Revenue 5.38 | Enterprise Value to EBITDA 56.47 | Shares Outstanding 326832000 | Shares Floating 308973595 |
Shares Outstanding 326832000 | Shares Floating 308973595 | ||
Percent Insiders 5.46 | Percent Institutions 87.09 |
Analyst Ratings
Rating 4 | Target Price 69.68 | Buy 5 | Strong Buy 10 |
Buy 5 | Strong Buy 10 | ||
Hold 5 | Sell - | Strong Sell 1 | |
Strong Sell 1 |
Upturn AI SWOT
Pure Storage Inc
Company Overview
History and Background
Pure Storage was founded in 2009 by John Hayes and Michael Cornwell. The company focuses on all-flash data storage hardware and software products. It went public in 2015.
Core Business Areas
- Storage Platform: Provides all-flash storage arrays and software for data management and storage optimization.
- Cloud Data Services: Offers cloud-based data storage and management solutions, including block and file storage as-a-service.
- Professional Services: Includes consulting, implementation, and support services to assist customers with their storage infrastructure.
Leadership and Structure
Charles Giancarlo serves as the Chairman and CEO. The company has a typical corporate structure with functional departments reporting to executive leadership.
Top Products and Market Share
Key Offerings
- FlashArray: An all-flash storage array designed for enterprise workloads. Market share is estimated to be around 10% of the enterprise storage market. Competitors include Dell EMC, NetApp, and IBM.
- FlashBlade: A unified fast file and object (UFFO) storage platform for modern workloads. No public market share data available. Competitors include Dell EMC PowerScale and WekaIO.
- Evergreen Storage: A subscription model that provides continuous hardware and software updates for Pure Storage products. Revenue contribution is significant, but no specific percentage available. Competitors include similar subscription models from Dell Technologies and HPE.
Market Dynamics
Industry Overview
The data storage industry is evolving towards all-flash storage, cloud-based solutions, and data management software. Growth is driven by increasing data volumes and demand for faster performance and scalability.
Positioning
Pure Storage is positioned as a leader in the all-flash storage market, with a focus on simplicity, performance, and subscription-based services. They compete on performance, ease of use, and total cost of ownership.
Total Addressable Market (TAM)
The TAM for enterprise storage is expected to reach hundreds of billions of dollars. Pure Storage is positioned to capture a significant share of this market with its all-flash and cloud-based solutions.
Upturn SWOT Analysis
Strengths
- Strong all-flash storage performance
- Innovative Evergreen subscription model
- Simplicity and ease of use
- Strong customer satisfaction
Weaknesses
- Higher initial cost compared to hybrid storage
- Smaller market share compared to larger incumbents
- Limited product portfolio compared to broad-based vendors
Opportunities
- Growing demand for all-flash storage
- Expansion into cloud-based storage services
- Partnerships with cloud providers
- Expansion into new geographies
Threats
- Competition from larger, established vendors
- Price pressure from commoditization of storage
- Technological disruption from new storage technologies
- Economic downturn impacting IT spending
Competitors and Market Share
Key Competitors
- DELL
- NTAP
- HPE
Competitive Landscape
Pure Storage competes with larger, established vendors such as Dell Technologies, NetApp, and HPE. Its advantages include superior all-flash performance, a simple and easy-to-use platform, and an innovative subscription model. Its disadvantages include a smaller market share and a limited product portfolio.
Major Acquisitions
Portworx
- Year: 2020
- Acquisition Price (USD millions): 370
- Strategic Rationale: Acquisition of Portworx enhanced Pure Storageu2019s Kubernetes data services platform and strengthened its position in the cloud-native storage market.
Growth Trajectory and Initiatives
Historical Growth: Pure Storage has experienced strong revenue growth in recent years due to the increasing adoption of all-flash storage.
Future Projections: Analysts project continued revenue growth for Pure Storage, driven by demand for all-flash and cloud-based storage solutions.
Recent Initiatives: Recent initiatives include expanding cloud-based offerings, strengthening partnerships with cloud providers, and launching new storage products.
Summary
Pure Storage is a growing company with a strong position in the all-flash storage market. Its Evergreen subscription model and focus on simplicity are key differentiators. However, it faces competition from larger vendors and needs to continue to innovate and expand its product portfolio. Continued expansion into cloud-based storage services will be key. Economic downturns and technological disruption are key areas to watch.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Industry reports
- Analyst estimates
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Market data can fluctuate, and past performance is not indicative of future results.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Pure Storage Inc
Exchange NYSE | Headquaters Santa Clara, CA, United States | ||
IPO Launch date 2015-10-07 | Chairman & CEO Mr. Charles H. Giancarlo | ||
Sector Technology | Industry Computer Hardware | Full time employees 6000 | Website https://www.purestorage.com |
Full time employees 6000 | Website https://www.purestorage.com | ||
Pure Storage, Inc. engages in the provision of data storage and management technologies, products, and services in the United States and internationally. Its Purity software is shared across its products and provides enterprise-class data services, such as always-on data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. The company also provides FlashArray integrated hardware systems, including FlashArray//X, FlashArray//C, FlashArray//XL, FlashArray//E, and FlashArray File Services for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; and FlashBlade integrated hardware systems comprising FlashBlade//S, FlashBlade//E, and FlashBlade//EXA for managing and processing unstructured data workloads of various types from real-time log analytics and commercial high-performance computing (HPC) to data protection and recovery. In addition, it offers cloud-native storage solutions, such as Portworx by Pure Storage, a cloud-native Kubernetes data management solution; and Portworx Data Services, a Database-as-a-Service platform for Kubernetes. Further, the company provides Pure Fusion, a Software-as-a-Service (SaaS) management plane, which enables storage administrators to unify storage arrays and optimize storage pools; Evergreen Architecture comprising Pure1, an AI-driven cloud-based management platform, as well as Evergreen//One and Evergreen//Flex data storage solutions; and Cloud Block Store, a virtual block storage array, that provides customers the flexibility to operate a hybrid cloud model with seamless data mobility across on-premises and public cloud environments. It sells its products and subscription services through direct sales force and channel partners. The company was formerly known as OS76, Inc. and changed its name to Pure Storage, Inc. in January 2010. Pure Storage, Inc. was incorporated in 2009 and is headquartered in Santa Clara, California.
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