Pure Storage (PSTG) Expected to Announce Quarterly Earnings on Wednesday

Pure Storage (NYSE:PSTG) is anticipated to post its Q4 2026 results after the market closes on Wednesday, February 25th. Analysts expect the company to announce earnings of $0.65 per share and revenue of $1.0318 billion for the quarter. Interested persons are encouraged to explore the company’s upcoming Q4 2026 earning overview page for the latest details on the call scheduled for Wednesday, February 25, 2026 at 5:00 PM ET.

Pure Storage (NYSE:PSTG) last posted its quarterly earnings results on Tuesday, December 2nd. The technology company reported $0.58 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.58. The firm had revenue of $964.45 million for the quarter, compared to analysts’ expectations of $955.60 million. Pure Storage had a net margin of 3.74% and a return on equity of 10.60%. The firm’s quarterly revenue was up 16.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.50 earnings per share. 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 Price Performance

Shares of PSTG stock opened at $72.67 on Wednesday. The firm has a fifty day moving average of $70.40 and a two-hundred day moving average of $77.05. The firm has a market cap of $23.99 billion, a P/E ratio of 191.24, a P/E/G ratio of 5.76 and a beta of 1.27. Pure Storage has a 1-year low of $34.51 and a 1-year high of $100.59.

Insider Buying and Selling

In related news, insider John Colgrove sold 100,000 shares of the stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $71.31, for a total value of $7,131,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Ajay Singh sold 7,178 shares of Pure Storage stock in a transaction on Tuesday, December 23rd. The shares were sold at an average price of $67.14, for a total value of $481,930.92. Following the sale, the insider directly owned 215,091 shares in the company, valued at $14,441,209.74. The trade was a 3.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 5.60% of the company’s stock.

Hedge Funds Weigh In On Pure Storage

Large investors have recently bought and sold shares of the stock. Atreides Management LP acquired a new stake in shares of Pure Storage in the 2nd quarter worth approximately $204,552,000. Polar Capital Holdings Plc lifted its position 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 worth $237,278,000 after purchasing an additional 1,345,207 shares during the period. AQR Capital Management LLC boosted its stake in Pure Storage by 62.7% during the 4th quarter. AQR Capital Management LLC now owns 3,414,715 shares of the technology company’s stock valued at $228,820,000 after purchasing an additional 1,315,351 shares in the last quarter. Alyeska Investment Group L.P. acquired a new position in shares of Pure Storage during the 4th quarter valued at $49,915,000. Finally, Man Group plc raised its stake in shares of Pure Storage by 917.2% in the 2nd quarter. Man Group plc now owns 740,113 shares of the technology company’s stock worth $42,616,000 after buying an additional 667,354 shares in the last quarter. Institutional investors and hedge funds own 83.42% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on PSTG. Citigroup decreased their price target on Pure Storage from $105.00 to $90.00 and set a “buy” rating for the company in a research note on Tuesday. Morgan Stanley set a $83.00 price target on Pure Storage in a report on Wednesday, December 3rd. Susquehanna set a $105.00 price objective on Pure Storage in a research note on Wednesday, December 3rd. Lake Street Capital boosted their target price on shares of Pure Storage from $80.00 to $92.00 and gave the company a “buy” rating in a research note on Wednesday, December 3rd. Finally, Wall Street Zen cut shares of Pure Storage from a “buy” rating to a “hold” rating in a report on Friday, January 23rd. Twelve research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Pure Storage has a consensus rating of “Moderate Buy” and an average target price of $94.47.

Pure Storage Company Profile

Pure Storage, Inc (NYSE: PSTG) is a technology company that designs and sells data storage hardware and software for enterprise and cloud environments. The company is best known for its all-flash storage arrays that are engineered to deliver high performance, low latency and simplified management compared with traditional disk-based systems. Its product portfolio includes purpose-built arrays and software aimed at transactional databases, virtualized infrastructures, analytics and large-scale file/object workloads.

Key product and software offerings include the FlashArray family for block storage and FlashBlade for file and object workloads, together with Purity, the company’s storage operating environment.