Pure Storage (PSTG)
(Delayed Data from NYSE)
$51.24 USD
+1.48 (2.97%)
Updated Oct 4, 2024 04:00 PM ET
After-Market: $51.25 +0.01 (0.02%) 7:58 PM ET
3-Hold of 5 3
D Value A Growth F Momentum D VGM
Pure Storage (PSTG) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$65.74 | $80.00 | $45.00 | 32.11% |
Price Target
Based on short-term price targets offered by 19 analysts, the average price target for Pure Storage comes to $65.74. The forecasts range from a low of $45.00 to a high of $80.00. The average price target represents an increase of 32.11% from the last closing price of $49.76.
Analyst Price Targets (19)
Broker Rating
Pure Storage currently has an average brokerage recommendation (ABR) of 1.90 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 20 brokerage firms. The current ABR compares to an ABR of 1.86 a month ago based on 21 recommendations.
Of the 20 recommendations deriving the current ABR, 11 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 55% and 10% of all recommendations. A month ago, Strong Buy made up 57.14%, while Buy represented 9.52%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 11 | 11 | 12 | 12 | 12 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 6 | 6 | 6 | 5 | 5 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 1 | 1 | 1 |
ABR | 1.90 | 1.90 | 1.86 | 1.80 | 1.80 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/29/2024 | Wedbush Securities | Matthew Bryson | Strong Buy | Strong Buy |
8/29/2024 | Not Identified | Not Identified | Hold | Hold |
8/29/2024 | Lake Street Capital Markets | Eric Martinuzzi | Strong Buy | Strong Buy |
8/29/2024 | Cowen & Co. | Sreekrishnan Sankar | Strong Buy | Strong Buy |
8/29/2024 | William Blair | Jason N Ader | Strong Buy | Strong Buy |
8/29/2024 | Northland Capital Markets | Nehal Chokshi | Hold | Hold |
8/29/2024 | Raymond James | Simon M Leopold | Moderate Buy | Moderate Buy |
8/29/2024 | Evercore Partners | Amit Daryanani | Strong Buy | Strong Buy |
8/29/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/26/2024 | Susquehanna Financial Group | Mehdi Hosseini | Strong Buy | Strong Buy |
8/19/2024 | Piper Sandler | James Fish | Hold | Hold |
7/2/2024 | UBS | David Vogt | Hold | Strong Sell |
6/21/2024 | Needham & Company | Michael J Cikos | Moderate Buy | Moderate Buy |
5/30/2024 | Guggenheim Securities | Howard Ma | Strong Buy | Strong Buy |
5/30/2024 | KeyBanc Capital Markets | Thomas Blakey | Strong Buy | Strong Buy |
5/21/2024 | Not Identified | Not Identified | Strong Buy | Hold |
5/21/2024 | Wells Fargo Securities | Aaron Rakers | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.90 |
ABR (Last week) | 1.90 |
# of Recs in ABR | 20 |
Average Target Price | $65.74 |
LT Growth Rate | 14.90% |
Industry | Computer- Storage Devices |
Industry Rank by ABR | 42 of 252 |
Current Quarter EPS Est: | 0.43 |
PSTG FAQs
Pure Storage, Inc. (PSTG) currently has an average brokerage recommendation (ABR) of 1.90 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 20 brokerage firms.
The average price target for Pure Storage, Inc. (PSTG) is $65.74. The current on short-term price targets is based on 10 reports.
The forecasts for Pure Storage, Inc. (PSTG) range from a low of $45 to a high of $80. The average price target represents a increase of $28.30 from the last closing price of $51.24.
The current UPSIDE for Pure Storage, Inc. (PSTG) is 28.30%
Based on short-term price targets offered by 19 analysts, the average price target for Pure Storage comes to $65.74. The forecasts range from a low of $45.00 to a high of $80.00. The average price target represents an increase of 32.11% from the last closing price of $49.76.