PSTG Stock: Pure Storage, Inc. Stock Price, Analysis & Insights
Get live pstg stock price $69.85, comprehensive Pure Storage, Inc. stock analysis, charts, news, and expert forecast. Real-time pstg stock data and investment insights.
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Company Overview
Pure Storage, Inc. provides data storage technologies, products, and services in the United States and internationally. The company's Purity software is shared across its products and provides enterprise-class data services, such as data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. Its products portfolio includes FlashArray for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; FlashArray//XL; and FlashArray//C, an all-QLC flash array. The company also provides FlashBlade, a solution for unstructured data workloads of various types; FlashStack that combines compute, network, and storage to provide an infrastructure platform; FlashRecover, an all-flash modern data-protection solution; and AIRI, a full-stack AI-ready infrastructure. In addition, it offers evergreen storage subscription, Pure as-a-Service, and Cloud Block Store, as well as Portworx a cloud-native Kubernetes data management solution It also offers technical and professional, training and education, and certification services. The company 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 Mountain View, California.
Company Information
- CEO
- Charles H. Giancarlo
- Sector
- Technology
- Industry
- Computer Hardware
- Employees
- 6000
Contact Information
- Website
- https://www.purestorage.com
- Address
- 650 Castro Street
- Country
- US
Investment Analysis & Business Insights
Investment Highlights
✓ Strong presence in the Technology sector with established market position
✓ Growth-oriented company with premium valuation (P/E: 183.8)
✓ Higher growth potential with elevated volatility (Beta: 1.26)
Business Model & Strategy
Pure Storage, Inc. operates in the Computer Hardware industry, focusing on technology development, software services, and digital solutions. Under the leadership of CEO Charles H. Giancarlo, the company navigates Technology sector dynamics while pursuing growth opportunities. The Computer Hardware model requires continuous innovation, talent acquisition, and competitive differentiation to maintain competitiveness and drive shareholder value.
Market Position & Competitive Landscape
Pure Storage, Inc. competes in the Computer Hardware within the broader Technology. With 22.8 billion in market capitalization, the company is positioned as a established player in its sector. The Technology is characterized by rapid innovation cycles, platform competition, and disruptive trends. As a publicly traded company on the New York Stock Exchange, Pure Storage, Inc. provides investors with liquidity and transparency while subject to regulatory oversight. Investors evaluating Pure Storage, Inc. should consider industry-specific trends, competitive positioning, and Technology sector fundamentals.
Important Investment Considerations
- ⚠All investments carry risk, including potential loss of principal for Pure Storage, Inc. shareholders
- ⚠Market volatility can significantly impact stock price, especially for mid-cap stocks
- ⚠Sector-specific risks in Technology may affect company performance
- ⚠Past performance does not guarantee future results for Pure Storage, Inc.
- ⚠Investors should consider how Pure Storage, Inc. fits within their overall portfolio allocation
- ⚠Premium valuation (P/E: 183.8) requires strong growth to justify
Market Cap
22.85B
P/E Ratio
183.82
Beta
1.26
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Technology leader with 22.85B market capitalization
- Trading Volume: 14.74M shares traded today
- Price Range: 52-week range of $34.51 - $100.59
- Exchange: Listed on New York Stock Exchange
Financial Metrics
Market Analysis for Pure Storage, Inc.
Pure Storage, Inc. (PSTG) operates in the Computer Hardware industry within the Technology sector. With a current market capitalization of 22.85B, the company represents a significant player in its market. The stock is currently trading at $69.85 with a negativedaily change of 26.26%.
The company's 6000 employee base and presence on the New York Stock Exchangeexchange position it as a Technology sector leader. Investors should consider the stock's P/E ratio of 183.82, beta of 1.26, and 52-week price range from $34.51 to $100.59when evaluating investment opportunities.
Why Invest in Pure Storage, Inc.?
Strengths
- • Established market presence in Technology
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange)
- • Experienced leadership under Charles H. Giancarlo
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
Related Technology Stocks
About Technology Sector
The Technology sector includes companies that develop and provide technology products and services, including software, hardware, and digital solutions.