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Pure Storage Inc
NYSE:PSTG

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Pure Storage Inc
NYSE:PSTG
Watchlist
Price: 49.46 USD -4.55% Market Closed
Updated: Apr 20, 2024

Wall Street
Price Targets

PSTG Price Targets Summary
Pure Storage Inc

Wall Street analysts forecast PSTG stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for PSTG is 56.4 USD with a low forecast of 44.44 USD and a high forecast of 69.3 USD.

Lowest
Price Target
44.44 USD
10% Downside
Average
Price Target
56.4 USD
14% Upside
Highest
Price Target
69.3 USD
40% Upside

PSTG Last Price Targets
Pure Storage Inc

The latest public price target was made on Apr 2, 2024 by Unknown Analyst from Evercore ISI , who expects PSTG stock to rise by 21% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Unknown Analyst
Evercore ISI
60 USD
Upside 21%
2 weeks ago
Apr 2, 2024
Pure Storage (PSTG) PT Raised to $60 at Evercore ISI
StreetInsider
Unknown Analyst
Evercore ISI
Price Target 60 USD
Upside/Downside 21%
View Source
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Revenue
Forecast

Revenue Estimate
Pure Storage Inc

For the last 8 years the compound annual growth rate for Pure Storage Inc's revenue is 26%. The projected CAGR for the next 3 years is 11%.

26%
Past Growth
11%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Pure Storage Inc

The compound annual growth rate of Pure Storage Inc's operating income for the next 3 years is 105%.

N/A
Past Growth
105%
Estimated Growth
Estimates Accuracy
N/A
Average

Net Income
Forecast

Net Income Estimate
Pure Storage Inc

The compound annual growth rate of Pure Storage Inc's net income for the next 3 years is 117%.

N/A
Past Growth
117%
Estimated Growth
Estimates Accuracy
N/A
Average

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is PSTG's stock price target?
Price Target
56.4 USD

According to Wall Street analysts, the average 1-year price target for PSTG is 56.4 USD with a low forecast of 44.44 USD and a high forecast of 69.3 USD.

What is Pure Storage Inc's Revenue forecast?
Projected CAGR
11%

For the last 8 years the compound annual growth rate for Pure Storage Inc's revenue is 26%. The projected CAGR for the next 3 years is 11%.

What is Pure Storage Inc's Operating Income forecast?
Projected CAGR
105%

The compound annual growth rate of Pure Storage Inc's operating income for the next 3 years is 105%.

What is Pure Storage Inc's Net Income forecast?
Projected CAGR
117%

The compound annual growth rate of Pure Storage Inc's net income for the next 3 years is 117%.