Pure Storage Announces Fourth Quarter and Full Year Fiscal 2022 Financial Results

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Pure Storage (PSTG) PT Raised to $34 at Wedbush

March 3, 2022 11:56 AM EST

Wedbush analyst Matr Bryson raised the price target on Pure Storage (NYSE: PSTG) to $34.00 (from $33.00) while maintaining a Neutral rating.

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Pure Storage (PSTG) PT Raised to $48 at Goldman Sachs on 'Strong' Beat and Raise

March 3, 2022 8:13 AM EST

Goldman Sachs analyst Rod Hall raised the price target on Pure Storage (NYSE: PSTG) to $48.00 (from $34.00) while maintaining a Buy rating following a strong beat and raise with the hyperscale AI opportunity substantial.

The analyst commented, "Pure reported a strong FQ4 revenue... More

Pure Storage (PSTG) Shares Rose 9% on Strong Q4 Results and Better Than Expected Outlook

March 2, 2022 5:29 PM EST

Pure Storage, Inc. (NYSE: PSTG) shares were trading more than 9% higher after-hours following the companys reported Q4 results, with EPS of $0.36 coming in better than the consensus estimate of $0.26.

Revenue grew 41% year-over-year to $708.6 million, compared to the consensus estimate of $629.26 million. Subscription services revenue... More

Pure Storage, Inc. (PSTG) approves $250M buyback plan

March 2, 2022 4:45 PM EST

Pure Storage, Inc.'s (NYSE: PSTG) board of directors has authorized incremental share repurchases of up to an additional $250 million under its stock repurchase program. The authorization allows Pure to repurchase shares of its Class A common stock opportunistically and will be funded from... More

Pure Storage, Inc. (PSTG) Tops Q4 EPS by 10c, Offers Guidance

March 2, 2022 4:03 PM EST

Pure Storage, Inc. (NYSE: PSTG) reported Q4 EPS of $0.36, $0.10 better than the analyst estimate of $0.26. Revenue for the quarter came in at $708.6 million versus the consensus estimate of $629.26 million.

GUIDANCE:

Pure Storage, Inc. sees Q1 2023 revenue of $520 million, versus the... More