Pure Storage Announces First Quarter Fiscal 2021 Financial Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 8/13/2026

1. CSCO
2. CBRS
3. COHR
4. SPY
5. EAT
6. BTGO
7. NVDA
8. WYFI
9. STUB
10. ARX

Go back to Pure Storage Announces First Quarter Fiscal 2021 Financial Results

Pure Storage (PSTG) PT Raised to $25 at Susquehanna

May 29, 2020 11:00 AM EDT

Susquehanna analyst Mehdi Hosseini raised the price target on Pure Storage (NYSE: PSTG) to $25.00 (from $20.00) while maintaining a Positive rating following the company's 1Q earnings report. PSTG reported revenues of $367M up +12.4% Y/Y and down -25.4% Q/Q vs. consensus... More

Pure Storage (PSTG) PT Raised to $21 at Raymond James

May 29, 2020 7:55 AM EDT

Raymond James analyst Simon Leopold raised the price target on Pure Storage (NYSE: PSTG) to $21.00 (from $17.50) while maintaining a Outperform rating following the company's 1Q earnings report. Pure Storage reported F1Q21 revenue of $367.1 million, above the Streets $351.4 million and the original forecast for ~$365... More

Pure Storage (PSTG) PT Raised to $22 at BofA Securities Following 1Q Report

May 29, 2020 7:35 AM EDT

BofA Securities analyst Wamsi Mohan raised the price target on Pure Storage (NYSE: PSTG) to $22.00 (from $20.00) while maintaining a Buy rating following the company's 1Q earnings report. 1Q revenue at $367mn came in above prior guide, as well as significantly above Street... More

Pure Storage, Inc. (PSTG) Tops Q1 EPS by 13c, Revenues Beat

May 28, 2020 4:04 PM EDT

Pure Storage, Inc. (NYSE: PSTG) reported Q1 EPS of ($0.02), $0.13 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $367.11 million versus the consensus estimate of $352.26 million.

First Quarter Financial Highlights

Revenue $367.1 million, up 12% year-over-yearSubscription Services revenue $120.2 million, up 37% year-over-yearGAAP gross margin 70.0%; non-GAAP gross margin... More