Pure Storage, Inc. Expected to Post Q3 2025 Earnings of $0.14 Per Share (NYSE:PSTG)

Pure Storage, Inc. (NYSE:PSTG) – Zacks Research dropped their Q3 2025 earnings per share estimates for shares of Pure Storage in a research report issued to clients and investors on Wednesday, September 18th. Zacks Research analyst R. Department now forecasts that the technology company will post earnings per share of $0.14 for the quarter, down from their previous estimate of $0.15. The consensus estimate for Pure Storage’s current full-year earnings is $0.43 per share. Zacks Research also issued estimates for Pure Storage’s Q4 2025 earnings at $0.17 EPS, FY2025 earnings at $0.43 EPS, Q1 2026 earnings at $0.07 EPS, Q2 2026 earnings at $0.11 EPS, Q3 2026 earnings at $0.19 EPS, Q4 2026 earnings at $0.21 EPS, FY2026 earnings at $0.58 EPS, Q2 2027 earnings at $0.13 EPS and FY2027 earnings at $0.69 EPS.

Pure Storage (NYSE:PSTG) last issued its earnings results on Wednesday, August 28th. The technology company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.10. Pure Storage had a net margin of 4.53% and a return on equity of 17.41%. The business had revenue of $763.77 million during the quarter, compared to analysts’ expectations of $756.59 million.

A number of other brokerages have also recently weighed in on PSTG. Bank of America increased their price target on shares of Pure Storage from $57.00 to $68.00 and gave the stock a “neutral” rating in a research note on Thursday, May 30th. Piper Sandler dropped their price target on Pure Storage from $60.00 to $56.00 and set a “neutral” rating on the stock in a research report on Thursday, August 29th. Wells Fargo & Company increased their price objective on Pure Storage from $70.00 to $75.00 and gave the stock an “overweight” rating in a research report on Thursday, May 30th. Wedbush reiterated an “outperform” rating and issued a $80.00 target price on shares of Pure Storage in a research note on Monday, August 26th. Finally, Susquehanna restated a “positive” rating and set a $80.00 price target on shares of Pure Storage in a research note on Monday, August 26th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $66.95.

Pure Storage Trading Up 1.9 %

PSTG opened at $50.72 on Monday. The company has a quick ratio of 1.96, a current ratio of 1.99 and a debt-to-equity ratio of 0.07. Pure Storage has a 52 week low of $31.00 and a 52 week high of $70.41. The business’s 50 day moving average is $55.66 and its two-hundred day moving average is $57.02. The firm has a market cap of $16.50 billion, a price-to-earnings ratio of 181.14, a price-to-earnings-growth ratio of 7.69 and a beta of 1.11.

Hedge Funds Weigh In On Pure Storage

Large investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in shares of Pure Storage by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 31,789,480 shares of the technology company’s stock worth $1,652,735,000 after purchasing an additional 495,183 shares during the last quarter. First Trust Advisors LP boosted its holdings in shares of Pure Storage by 4.2% during the fourth quarter. First Trust Advisors LP now owns 4,028,716 shares of the technology company’s stock valued at $143,664,000 after acquiring an additional 160,877 shares during the period. Bank of New York Mellon Corp grew its position in shares of Pure Storage by 56.1% during the second quarter. Bank of New York Mellon Corp now owns 3,696,390 shares of the technology company’s stock worth $237,345,000 after acquiring an additional 1,327,873 shares during the last quarter. Blair William & Co. IL increased its holdings in shares of Pure Storage by 0.7% in the 2nd quarter. Blair William & Co. IL now owns 2,357,962 shares of the technology company’s stock worth $151,405,000 after acquiring an additional 15,747 shares during the period. Finally, Sumitomo Mitsui Trust Holdings Inc. lifted its position in Pure Storage by 12.6% in the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 2,234,382 shares of the technology company’s stock valued at $143,470,000 after purchasing an additional 249,761 shares during the last quarter. Institutional investors own 83.42% of the company’s stock.

Insider Buying and Selling at Pure Storage

In related news, insider John Colgrove sold 100,000 shares of Pure Storage stock in a transaction on Monday, August 5th. The shares were sold at an average price of $52.39, for a total value of $5,239,000.00. Following the completion of the sale, the insider now owns 800,000 shares in the company, valued at $41,912,000. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, CFO P. Kevan Krysler sold 14,296 shares of the firm’s stock in a transaction on Friday, July 5th. The stock was sold at an average price of $63.79, for a total transaction of $911,941.84. Following the transaction, the chief financial officer now directly owns 518,623 shares in the company, valued at $33,082,961.17. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider John Colgrove sold 100,000 shares of the business’s stock in a transaction on Monday, August 5th. The shares were sold at an average price of $52.39, for a total transaction of $5,239,000.00. Following the sale, the insider now owns 800,000 shares of the company’s stock, valued at approximately $41,912,000. The disclosure for this sale can be found here. Insiders have sold a total of 324,177 shares of company stock valued at $18,863,083 in the last three months. Corporate insiders own 6.00% of the company’s stock.

About Pure Storage

Pure Storage, Inc engages in the provision of data storage and management technologies, products, and services in the United States and internationally. Its Purity software is shared across its products and provides enterprise-class data services, such as always-on data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object.