Pure Storage Announces First Quarter Fiscal 2026 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/4/2026
- Equities close higher as softer jobs data quiets rate-hike expectations
- U.S. economy adds fewer jobs than expected as unemployment rate ticks higher
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
- Citi says rate volatility without Fed repricing is concerning
- U.S. credit-reporting stocks fall as FHFA weighs two-bureau mortgage rule
- Equities close higher as softer jobs data quiets rate-hike expectations
- Cantor Fitzgerald on Rivian (RIVN): 'pre-announced that it delivered 19,248 vehicles in 3Q26, above our estimate'
- DISH DBS emerges from bankruptcy, cuts debt by $4.35 billion
- Tanker struck by projectile in Strait of Hormuz
- AppLovin shares fall after court denies request against Unity
Citi Reiterates Buy Rating on Pure Storage (PSTG)
May 29, 2025 6:57 AM EDTCiti analyst Asiya Merchant reiterated a Buy rating and $65.00 price target on Pure Storage (NYSE: PSTG).
The analyst comments "The company beat revenue/op margin expectations and reiterated prior FY26 guidance despite macro uncertainty. Total revs grew +12%yy, reflecting sustained demand, including E-family solutions... More
Evercore ISI Reiterates Outperform Rating on Pure Storage (PSTG)
May 29, 2025 4:51 AM EDTEvercore ISI analyst Amit Daryanani reiterated an Outperform rating and $70.00 price target on Pure Storage (NYSE: PSTG).
The analyst comments "ALL YOU NEED TO KNOW: PSTG reported modest upside to Apr-qtr expectations, as rev/EPS of $779M/$0.29 came in ahead of consensus at $770M/$0.25. Revenue grew +12% y/y, driven largely by continued momentum in Subscription Services (+17.4% y/y), which accounted for more than half of total sales for the first time in company history (52%); Evergreen One TCV grew... More
