Pure Storage (PSTG) Stock Forecast for 2023 – 2026. Sell or Buy Prediction







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Pure Storage (PSTG) Stock Forecast for 2023 – 2026. Sell or Buy?

Updated: February 27, 2024 (11:29)

Sector: Technology

The share price of Pure Storage, Inc. (PSTG) now

Latest session on the 27th of February for
Pure Storage, Inc. is negative
Trading Volume: 2839619
Open: 41.77 /  High: 42.125 /  Low: 41.29
What analysts predict: $42.94
52-week High/Low: $45.34 / $22.14

50/200 Day Moving Average: $38.41 / $35.55

This figure corresponds to the Average Price over the previous 50/200 days. For Pure Storage stocks, the 50-day moving average is the support level today.

For Pure Storage stocks, the 200-day moving average is the support level today.

Are you interested in Pure Storage, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Pure Storage stock price in 2024, 2025, 2026, 2027, 2028. How much will one Pure Storage share be worth in 2024 - 2028?

When should I take profit in Pure Storage stock? When should I record a loss on Pure Storage stock? What are analysts' forecasts for Pure Storage stock? What is the future of Pure Storage stock? We forecast Pure Storage stock performance using neural networks based on historical data on Pure Storage stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Pure Storage stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Pure Storage shares. This happens once a day.


Historical and forecast chart of Pure Storage stock

The chart below shows the historical price of Pure Storage stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Pure Storage stock price can be found in the table below.

Long-term forecasts by years.

Pure Storage, Inc. provides technologies and solutions for data storage in the United States and abroad. It provides solutions based on the proprietary Purity Operating Environment software that implements enterprise-class storage services such as data reduction, encryption and security, and protocol services including block, file, and object.

Pure Storage daily forecast for a month

Date Target Pes. Opt. Vol., %
Feb 29 41.76 41.26 42.15 2.15
Mar 01 41.60 41.12 41.76 1.57
Mar 02 41.62 41.21 42.07 2.08
Mar 03 41.43 41.27 41.84 1.38
Mar 04 41.92 41.73 42.31 1.38
Mar 05 42.55 42.01 42.95 2.25
Mar 06 42.80 42.54 43.17 1.50
Mar 07 42.88 42.35 43.06 1.67
Mar 08 43.00 42.47 43.53 2.49
Mar 09 42.85 42.66 43.17 1.19
Mar 10 43.19 43.00 43.38 0.88
Mar 11 43.23 42.86 43.65 1.86
Mar 12 43.73 43.19 44.11 2.14
Mar 13 44.05 43.81 44.27 1.05
Mar 14 44.21 44.06 44.66 1.36
Mar 15 44.30 43.91 44.59 1.53
Mar 16 44.67 44.49 44.92 0.98
Mar 17 44.43 44.01 44.85 1.92
Mar 18 44.29 44.07 44.83 1.74
Mar 19 43.97 43.63 44.49 1.97
Mar 20 44.00 43.85 44.29 1.00
Mar 21 43.44 42.93 43.68 1.76
Mar 22 44.02 43.62 44.53 2.08
Mar 23 44.71 44.46 44.92 1.05
Mar 24 44.70 44.42 44.99 1.29
Mar 25 44.52 44.26 44.97 1.61
Mar 26 44.15 43.98 44.56 1.32
Mar 27 44.48 43.91 44.89 2.22
Mar 28 44.84 44.48 45.30 1.86
Mar 29 45.07 44.89 45.57 1.49

Pure Storage Daily Price Targets


Pure Storage Stock Forecast 02-29-2024.

Forecast target price for 02-29-2024: $41.76.
Positive dynamics for Pure Storage shares will prevail with possible volatility of 2.108%.
Pessimistic target level: 41.26
Optimistic target level: 42.15

Pure Storage Stock Forecast 03-01-2024.

Forecast target price for 03-01-2024: $41.60.
Negative dynamics for Pure Storage shares will prevail with possible volatility of 1.546%.
Pessimistic target level: 41.12
Optimistic target level: 41.76

Pure Storage Stock Forecast 03-02-2024.

Forecast target price for 03-02-2024: $41.62.
Positive dynamics for Pure Storage shares will prevail with possible volatility of 2.042%.
Pessimistic target level: 41.21
Optimistic target level: 42.07

Pure Storage Stock Forecast 03-03-2024.

Forecast target price for 03-03-2024: $41.43.
Negative dynamics for Pure Storage shares will prevail with possible volatility of 1.363%.
Pessimistic target level: 41.27
Optimistic target level: 41.84

Pure Storage Stock Forecast 03-04-2024.

Forecast target price for 03-04-2024: $41.92.
Positive dynamics for Pure Storage shares will prevail with possible volatility of 1.363%.
Pessimistic target level: 41.73
Optimistic target level: 42.31

Pure Storage Stock Forecast 03-05-2024.

Forecast target price for 03-05-2024: $42.55.
Positive dynamics for Pure Storage shares will prevail with possible volatility of 2.203%.
Pessimistic target level: 42.01
Optimistic target level: 42.95

PSTG (PSTG) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Mar. 42.29 40.15 43.82 8.38
Apr. 42.61 40.28 43.83 8.10
May. 41.63 40.87 43.70 6.47
Jun. 39.18 38.55 39.97 3.57
Jul. 38.66 37.76 40.71 7.24
Aug. 38.17 36.22 39.77 8.93
Sep. 37.08 35.52 39.05 9.04
Oct. 37.67 35.88 38.91 7.79
Nov. 36.75 35.57 37.52 5.21
Dec. 36.65 35.18 37.67 6.61

Pure Storage forecast for this year


Pure Storage Stock Prediction for Mar 2024

An uptrend is forecast for this month with an optimal target price of $42.2851. Pessimistic: $40.15. Optimistic: $43.82


Pure Storage Stock Prediction for Apr 2024

An uptrend is forecast for this month with an optimal target price of $42.6107. Pessimistic: $40.28. Optimistic: $43.83


Pure Storage Stock Prediction for May 2024

An downtrend is forecast for this month with an optimal target price of $41.6264. Pessimistic: $40.87. Optimistic: $43.70


Pure Storage Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $39.1788. Pessimistic: $38.55. Optimistic: $39.97


Pure Storage Stock Prediction for Jul 2024

An downtrend is forecast for this month with an optimal target price of $38.6577. Pessimistic: $37.76. Optimistic: $40.71


Pure Storage Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $38.1706. Pessimistic: $36.22. Optimistic: $39.77


Pure Storage Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $37.0751. Pessimistic: $35.52. Optimistic: $39.05


Pure Storage Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $37.672. Pessimistic: $35.88. Optimistic: $38.91


Pure Storage Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $36.7491. Pessimistic: $35.57. Optimistic: $37.52


Pure Storage Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $36.6462. Pessimistic: $35.18. Optimistic: $37.67



Pure Storage (PSTG) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 35.88 33.92 37.36 9.21
Feb 33.74 32.02 34.33 6.74
Mar 32.66 32.11 34.26 6.27
Apr 34.00 33.39 35.62 6.28
May 35.86 34.46 37.62 8.41
Jun 37.79 35.68 39.35 9.34
Jul 39.83 38.02 41.81 9.07
Aug 42.62 41.01 43.90 6.59
Sep 41.84 40.17 42.87 6.29
Oct 40.35 39.22 41.31 5.06
Nov 40.86 39.71 42.97 7.59
Dec 40.66 39.15 42.65 8.21

Pure Storage (PSTG) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 40.26 39.55 40.91 3.31
Feb 39.64 38.06 41.47 8.23
Mar 41.78 39.79 42.51 6.40
Apr 44.41 43.48 45.46 4.38
May 43.41 42.65 44.14 3.37
Jun 43.47 42.04 44.30 5.08
Jul 43.90 42.79 45.56 6.07
Aug 43.29 42.65 44.68 4.54
Sep 40.41 39.53 42.22 6.36
Oct 41.62 40.05 42.38 5.50
Nov 44.07 41.69 45.30 7.97
Dec 45.92 44.86 48.27 7.06

Pure Storage (PSTG) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 47.98 46.77 50.40 7.20
Feb 50.70 48.25 51.80 6.85
Mar 49.63 48.11 51.44 6.48
Apr 51.23 50.52 54.07 6.57
May 53.28 51.15 54.69 6.48
Jun 51.23 50.44 52.73 4.35
Jul 48.75 47.42 51.45 7.83
Aug 47.76 46.79 50.17 6.73
Sep 48.76 46.44 50.71 8.41
Oct 48.90 47.22 50.34 6.19
Nov 47.26 45.31 48.48 6.55
Dec 46.79 45.75 47.74 4.19

Pure Storage (PSTG) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 48.17 47.09 49.72 5.29
Feb 46.96 44.36 47.88 7.35
Mar 48.30 47.02 49.49 4.99
Apr 48.71 47.76 50.65 5.72
May 49.97 49.03 52.21 6.10
Jun 51.34 49.68 52.16 4.75
Jul 49.68 46.90 51.49 8.92
Aug 49.65 47.01 51.28 8.34
Sep 50.83 48.55 53.36 9.00
Oct 51.51 48.84 52.41 6.81
Nov 52.01 50.12 53.50 6.33
Dec 51.68 49.33 52.73 6.45

Pure Storage information and performance

Pure Storage Address

650 CASTRO STREET, SUITE 400, MOUNTAIN VIEW, CA, US

Market Capitalization: 12 939 094 000 $

Market capitalization of the Pure Storage, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of PSTG shares in the company outstanding by the market price of one share.

EBITDA: 197 243 000 $

EBITDA of Pure Storage is earnings before interest, income tax and depreciation of assets.

PE Ratio: 186.14

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 5.57

Price/earnings to growth

DPS: None

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: None

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 0.22

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 3.76
Quarterly Revenue Growth YOY: 0.128
Trailing PE: 186.14

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 28.9

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 4.382

Enterprise Value (EV) /Revenue

EV To EBITDA: 54.94

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 315973000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A



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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.