Pure Storage (PSTG) to Release Quarterly Earnings on Tuesday

Pure Storage (NYSE:PSTGGet Free Report) is projected to release its Q3 2026 results after the market closes on Tuesday, December 2nd. Analysts expect the company to announce earnings of $0.59 per share and revenue of $955.5970 million for the quarter. Parties may visit the the company’s upcoming Q3 2026 earningresults page for the latest details on the call scheduled for Tuesday, December 2, 2025 at 5:00 PM ET.

Pure Storage (NYSE:PSTGGet Free Report) last released its earnings results on Tuesday, September 9th. The technology company reported $0.44 earnings per share for the quarter. The business had revenue of $763.77 million during the quarter. Pure Storage had a return on equity of 11.34% and a net margin of 4.15%. On average, analysts expect Pure Storage to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Pure Storage Trading Up 4.8%

Shares of PSTG opened at $82.18 on Tuesday. The firm has a fifty day moving average price of $89.14 and a 200-day moving average price of $69.88. The firm has a market capitalization of $27.01 billion, a P/E ratio of 200.44, a P/E/G ratio of 8.99 and a beta of 1.24. Pure Storage has a 12-month low of $34.51 and a 12-month high of $100.59.

Insider Buying and Selling at Pure Storage

In other news, insider Ajay Singh sold 7,014 shares of Pure Storage stock in a transaction that occurred on Wednesday, September 24th. The shares were sold at an average price of $85.85, for a total value of $602,151.90. Following the transaction, the insider owned 229,307 shares of the company’s stock, valued at $19,686,005.95. The trade was a 2.97% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Roxanne Taylor sold 3,000 shares of the business’s stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $76.93, for a total transaction of $230,790.00. Following the transaction, the director owned 16,343 shares of the company’s stock, valued at approximately $1,257,266.99. This trade represents a 15.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 443,111 shares of company stock valued at $36,793,439. 5.60% of the stock is currently owned by corporate insiders.

Institutional Trading of Pure Storage

Hedge funds and other institutional investors have recently made changes to their positions in the business. Atreides Management LP acquired a new stake in shares of Pure Storage in the 2nd quarter worth $204,552,000. Polar Capital Holdings Plc raised its stake in Pure Storage by 90.5% in the third quarter. Polar Capital Holdings Plc now owns 2,831,141 shares of the technology company’s stock valued at $237,278,000 after buying an additional 1,345,207 shares during the last quarter. AQR Capital Management LLC boosted its holdings in Pure Storage by 158.4% in the second quarter. AQR Capital Management LLC now owns 1,938,125 shares of the technology company’s stock worth $110,473,000 after acquiring an additional 1,188,126 shares in the last quarter. Man Group plc grew its stake in shares of Pure Storage by 917.2% during the second quarter. Man Group plc now owns 740,113 shares of the technology company’s stock worth $42,616,000 after acquiring an additional 667,354 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in shares of Pure Storage by 109.7% during the first quarter. Goldman Sachs Group Inc. now owns 1,137,939 shares of the technology company’s stock valued at $50,377,000 after acquiring an additional 595,307 shares in the last quarter. Hedge funds and other institutional investors own 83.42% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on PSTG. Piper Sandler set a $92.00 target price on shares of Pure Storage and gave the stock an “overweight” rating in a research note on Thursday, September 25th. Weiss Ratings reiterated a “hold (c)” rating on shares of Pure Storage in a report on Wednesday, October 8th. Evercore ISI boosted their price target on Pure Storage from $90.00 to $105.00 and gave the company an “outperform” rating in a report on Monday, October 20th. Oppenheimer started coverage on Pure Storage in a report on Monday, November 17th. They set an “outperform” rating and a $120.00 price objective on the stock. Finally, Barclays raised their price objective on Pure Storage from $57.00 to $70.00 and gave the stock an “equal weight” rating in a report on Friday, August 29th. Thirteen equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $92.61.

Check Out Our Latest Analysis on Pure Storage

Pure Storage Company Profile

(Get Free Report)

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.

Read More

Earnings History for Pure Storage (NYSE:PSTG)

Receive News & Ratings for Pure Storage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pure Storage and related companies with MarketBeat.com's FREE daily email newsletter.