# Pure Storage, Inc.  Share Price Target ‘$70.67’, now 4.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/pure-storage-inc.share-price-target-70.67-now-4.4-upside-potential/4121164641
- Published: 2024-07-12T14:14:57+01:00
- Author: Charlotte Edwards

**Pure Storage, Inc.** which can be found using ticker (PSTG) now have 18 analysts
in total covering the stock. The consensus rating is pointing to ‘buy’. The range
between the high target price and low target price is between $80.00 and $47.00 
suggesting an average analyst share price target price of $70.67. (at the time of
writing). Now with the previous closing price of $67.71 this would imply there is
now a potential upside of 4.4%. The day 50 moving average is $61.31 while the 200
day moving average is $46.36. The total market capitalization for the company now
stands at 21.24B. The current share price for the company is: $65.31 USD

 The potential market cap would be $22,169,600,302 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 217.7, revenue per share of $9.29
and a 2.53% return on assets.

Pure Storage, Inc. is focused on delivering disruptive data storage, products and
services. The Company’s products and subscription services support a range of structured
and unstructured data, at scale and across any data workload in hybrid and public
cloud environments and include production, test and development, analytics, disaster
recovery (DR), and backup and recovery. Its products and subscription services include
FlashArray Platform, Cloud Block Store, FlashBlade Platform, Evergreen Subscription,
Evergreen//Flex, Evergreen//One, Pure Fusion, Portworx by Pure Storage and Portworx
Data Services (PDS). It sells its products and subscription services using a direct
sales force and its channel partners. It also sells to service providers that deploy
its products and offer cloud-based storage services to their customers. FlashArray
Platform provides solutions for block-oriented storage, addressing databases, applications,
virtual machines and other traditional workloads.

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