Pure Storage Announces Third Quarter Fiscal 2017 Results

Oppenheimer Raises Price Target on Pure Storage, Inc. (PSTG) Following 3Q Report

Oppenheimer reiterated an Outperform rating on Pure Storage, Inc. (NYSE: PSTG), and raised the price target to $17.00 (from $15.00), following the company's 3Q earnings report. Pure reported results of $197.0M/loss of $0.10/sh easily topping the Street's $192.2M/loss of $0.15/sh target. Management's 4Q-FY17 guidance compares favorably... More

Jefferies Raises Price Target on Pure Storage, Inc. (PSTG) Following 3Q; Reiterates Hold

Jefferies reiterated a Hold rating on Pure Storage, Inc. (NYSE: PSTG), and raised the price target to $13.50 (from $13.00), following the company's 3Q earnings report. Pure reported revenue of $197M, beating Consensus of $192M. EPS hit ($0.10), well exceeding the Street's ($0.15) estimate.

Analyst James... More

UBS Raises price Target on Pure Storage, Inc. (PSTG) to $17 Following 3Q

UBS reiterated a Buy rating on Pure Storage, Inc. (NYSE: PSTG), and raised the price target to $17.00 (from $16.00), following the company's 3Q earnings report. Revenue rose by 50% YoY and 21% sequentially as the customer base now exceeds 2,600, including more than 100 of the Fortune 500. PSTG... More

Needham & Company Reiterates Buy on Pure Storage, Inc. (PSTG) Following 3Q

Needham & Company reiterated a Buy rating and $18.00 price target on Pure Storage (NYSE: PSTG) following the company's 3Q earnings report. Pure reported revenue of $197.0M and ($0.10) in non-GAAP EPS, well above consensus of $192.4M/($0.15).

Analyst Richard Kugele commented, "The collective next-gen... More

Pure Storage, Inc. (PSTG) Tops Q3 EPS by 5c, Offers FY Guidance

Pure Storage, Inc. (NYSE: PSTG) reported Q3 EPS of ($0.10), $0.05 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $197 million versus the consensus estimate of $192.36 million.

GUIDANCE:

Pure Storage, Inc. sees FY2017 revenue of $219-227 million,... More