Pure Storage Gains on Oppenheimer Outperform Rating [Yahoo! Finance]
Pure Storage, Inc. Class A (PSTG)
Last pure storage, inc. class a earnings: 2/27 04:02 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.purestorage.com
Company Research
Source: Yahoo! Finance
the data storage firm with an Outperform rating and a 12-to-18-month price target of $70. Warning! GuruFocus has detected 3 Warning Sign with PSTG. Driven by artificial intelligence applications, Oppenheimer's perspective emphasizes Pure Storage's ability to profit from the rising need for unstructured data storage solutions. Data-intensive needs of artificial intelligence favor high-performance capacity storage systems; Oppenheimer's analyst, Param Singh, notes that "all-flash arrays are best suited" for this purpose. Singh said this trend "provides a long tail of growth for the industry." Providing data storage and management solutions for companies, Pure Storage focuses in all-flash storage arrays meant to cut latency, lower IT project risk, and maximize cost-efficiency. Singh also out that all-flash arrays are expected to rise at an 8.5% compound annual growth rate from 2023 to 2028, thereby reaching an estimated $17 billion. Singh underlined a continuous industry shift to
Show less
Read more
Impact Snapshot
Event Time:
PSTG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PSTG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PSTG alerts
High impacting Pure Storage, Inc. Class A news events
Weekly update
A roundup of the hottest topics
PSTG
News
- Why Pure Storage (PSTG) Outpaced the Stock Market Today [Yahoo! Finance]Yahoo! Finance
- Pure Storage, Inc. (NYSE: PSTG) had its price target lowered by analysts at Citigroup Inc. from $67.00 to $63.00. They now have a "buy" rating on the stock.MarketBeat
- Pure Storage Introduces New GenAI Pod to Accelerate AI Innovation [Yahoo! Finance]Yahoo! Finance
- Pure Storage Introduces New GenAI Pod to Accelerate AI InnovationPR Newswire
- Why Pure Storage (PSTG) Could Beat Earnings Estimates Again [Yahoo! Finance]Yahoo! Finance
PSTG
Earnings
- 8/28/24 - Beat
PSTG
Sec Filings
- 11/21/24 - Form 4
- 11/8/24 - Form SC
- 11/6/24 - Form 4
- PSTG's page on the SEC website