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Corporation
COMPUTER HARDWARE & SERVICES | Computer Storage & Peripherals
purestorage.com

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Stage

IPO | IPO

Total Raised

$470M

Date of IPO

10/7/2015

Market Cap

9.09B

Stock Price

31.78

Revenue

$0000 

About Pure Storage

Pure Storage, the all-flash enterprise storage company, enables the broad deployment of flash in the data center. When compared to traditional disk-centric arrays, Pure Storage all-flash enterprise arrays are 10x faster and 10x more space and power efficient at a price point that is less than performance disk per gigabyte stored. The Pure Storage FlashArray is ideal for high performance workloads, including server virtualization, desktop virtualization (VDI), database (OLTP, real-time analytics) and cloud computing.

Pure Storage Headquarter Location

650 Castro Street Suite 200

Mountain View, California, 94041,

United States

800-379-7873

Latest Pure Storage News

Pure Storage (PSTG) Stock: $31 Price Target From Evercore

Nov 29, 2021

The shares of Pure Storage Inc (NYSE: PSTG) have received a $31 price target from Evercore. These are the details, The shares of Pure Storage Inc (NYSE: PSTG) have received a $31 price target from Evercore. And Evercore analyst Amit Daryanani assigned the company an “Outperform” rating on the shares. Daryanani added Pure Storage to the “Tactical Outperform” list. And Daryanani cited his view that the company looks well-positioned heading into its October-end quarter and expects notable upside compared to the current Wall Street models. Along with the enterprise recovery across large and commercial accounts, the hyperscale ramp, and continued tailwinds with their FlashArray//C product portfolio, Daryanani’s sense is also that Pure saw a pick-up in share gains on the high-end storage side. Pure Storage reported its Q3 financial earnings last week. These are the financial highlights from the quarter: — Revenue $562.7 million, up 37% year-over-year — Subscription Services revenue $187.8 million, up 38% year-over-year — Subscription Annual Recurring Revenue (ARR) $788.3 million, up 30% year-over-year — Remaining Performance Obligations (RPO) $1.2 billion, up 27% year-over-year — GAAP gross margin 66.6%; non-GAAP gross margin 68.5% — GAAP operating loss $(18.1) million; non-GAAP operating income $69.5 million — GAAP operating margin (3.2)%; non-GAAP operating margin 12.3% — Operating cash flow $127.0 million; free cash flow $101.3 million — Total cash and investments $1.4 billion Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.

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Research containing Pure Storage

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Pure Storage in 1 CB Insights research brief, most recently on May 3, 2019.

Expert Collections containing Pure Storage

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Pure Storage is included in 2 Expert Collections, including The Edge Computing Landscape.

T

The Edge Computing Landscape

343 items

Edge computing companies facilitate workload deployment in addition to providing data processing and storage at the farthest reaches of the network. These edge computing companies range from data centers at the edge to workload management tools designed to orchestrate edge deploy

C

Conference Exhibitors

5,302 items

Pure Storage Patents

Pure Storage has filed 988 patents.

The 3 most popular patent topics include:

  • Data management
  • Computer memory
  • Cloud storage
patents chart

Application Date

Grant Date

Title

Related Topics

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7/11/2019

11/30/2021

Computer memory, Computer storage devices, Distributed data storage, Computer buses, Data management

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Related Topics

Computer memory, Computer storage devices, Distributed data storage, Computer buses, Data management

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Pure Storage Web Traffic

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Pure Storage Rank

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