PSTG

Company Overview — What Does Pure Storage, Inc. Do?

Pure Storage, Inc. (PSTG) is a large-cap company in the Technology sector, operating within the Computer Hardware industry. The stock has a market capitalization of $20.2B, making it a significant player in its sector. Investors researching PSTG stock will find a comprehensive, data-driven analysis below covering valuation, profitability, growth, dividends, and peer comparisons for the Computer Hardware space.

Pure Storage, Inc. (PSTG) Stock Rating — Reduce (April 2026)

As of April 2026, Pure Storage, Inc. receives a Reduce rating with a composite score of 42.1/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.PSTG ranks #3,028 out of 4,446 stocks in our coverage universe. Within the Technology sector, Pure Storage, Inc. ranks #344 of 584 stocks, placing it in the lower half of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

PSTG Stock Price and 52-Week Range

Pure Storage, Inc. (PSTG) currently trades at $60.89. The stock gained $0.70 (1.2%) in the most recent trading session. The 52-week high for PSTG is $100.59, which means the stock is currently trading -39.5% from its annual peak. The 52-week low is $34.51, putting the stock 76.4% above its annual trough. Recent trading volume was 2.2M shares, reflecting moderate market activity.

Is PSTG Overvalued or Undervalued? — Valuation Analysis

Pure Storage, Inc. (PSTG) carries a value factor score of 42/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 109.61x, compared to the Technology sector average of 45.27x — a premium of 142%. The price-to-book ratio stands at 13.96x, versus the sector average of 3.16x. The price-to-sales ratio is 1.38x, compared to 1.06x for the average Technology stock. On an enterprise value basis, PSTG trades at 19.21x EV/EBITDA, versus 12.79x for the sector.

Overall, PSTG's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

Pure Storage, Inc. Profitability — ROE, Margins, and Quality Score

Pure Storage, Inc. (PSTG) earns a quality factor score of 47/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 8.6%, compared to the Technology sector average of -1.4%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 2.6% versus the sector average of -1.0%.

On a margin basis, Pure Storage, Inc. reports gross margins of 70.5%, compared to 50.9% for the sector. The operating margin is 1.4% (sector: -0.5%). Net profit margin stands at 3.5%, versus -1.5% for the average Technology stock. Revenue growth is running at 39.1% on a trailing basis, compared to 14.2% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

PSTG Debt, Balance Sheet, and Financial Health

Pure Storage, Inc. has a debt-to-equity ratio of 223.0%, compared to the Technology sector average of 43.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns.

PSTG has a beta of 1.89, meaning it is more volatile than the broader market — a $10,000 investment in PSTG would be expected to move 88.9% more than the S&P 500 on any given day. The stability factor score for Pure Storage, Inc. is 37/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.

PSTG Dividend Yield and Income Analysis

Pure Storage, Inc. (PSTG) does not currently pay a dividend. This is common among growth-oriented companies in the Computer Hardware industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Technology dividend stocks may want to explore other Technology stocks or use the stock screener to filter by dividend yield.

PSTG Momentum and Technical Analysis Profile

Pure Storage, Inc. (PSTG) has a momentum factor score of 46/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 23/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 42/100 reflects moderate short selling activity.

PSTG vs Competitors — Technology Sector Ranking and Peer Comparison

Within the Technology sector, Pure Storage, Inc. (PSTG) ranks #344 out of 584 stocks based on the Blank Capital composite score. This places PSTG in the lower half of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.

Comparing PSTG against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full PSTG vs S&P 500 (SPY) comparison to assess how Pure Storage, Inc. stacks up against the broader market across all factor dimensions.

PSTG Next Earnings Date

No upcoming earnings date has been announced for Pure Storage, Inc. (PSTG) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy PSTG? — Investment Thesis Summary

The quantitative profile for Pure Storage, Inc. suggests caution. High volatility (stability score 37/100) increases portfolio risk.

In summary, Pure Storage, Inc. (PSTG) earns a Reduce rating with a composite score of 42.1/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on PSTG stock.

Related Resources for PSTG Investors

Explore more research and tools: PSTG vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare PSTG head-to-head with peers: PSTG vs IHS, PSTG vs VRSN, PSTG vs ESE.