Pure Storage stock is surging after the data storage firm beat earnings expectations and announced a deal with a major technology company. Here's what you need to know.
I'm downgrading Pure Storage, Inc. to a sell rating (from a previous buy) after the stock's post-Q3 earnings rally. Pure Storage has surged over 80% YTD, driven by strong AI tailwinds and robust Q3 ea

Why Pure Storage Stock Is Skyrocketing Today

10:53am, Wednesday, 04'th Dec 2024
Pure Storage (PSTG 26.00%) stock is making big gains in Wednesday's trading. The company's share price was up 23.9% as of 10:30 a.m.
PSTG's fiscal Q3 2025 performance gains from steady growth across its FlashArray and FlashBlade offerings and strong renewals of Evergreen subscriptions.
Pure Storage's stock surged 20% post-earnings, but I remain neutral due to concerns about fiscal 2026 growth rates and a 36x forward free cash flow valuation. The company's innovative flash-based stor
Pure Storage shares rallied 22% before the bell after announcing a contract with a top tier hyperscaler.
When a stock jumps 20% after a company's earnings, it's typically down to the numbers. That's not the case with Pure Storage on Wednesday.

Pure Storage teams up with Kioxia

02:44am, Wednesday, 04'th Dec 2024
Pure Storage's APAC VP Nathan Hall talks about the company's hyperscaler deal with Japan's Kioxia, and how it's addressing the needs of the booming AI market.
Pure Storage, Inc. (NYSE:PSTG ) Q3 2025 Earnings Call Transcript December 3, 2024 5:00 PM ET Company Participants Paul Ziots - VP of IR Charlie Giancarlo - CEO Kevan Krysler - CFO Robert Lee - CTO Con
The headline numbers for Pure Storage (PSTG) give insight into how the company performed in the quarter ended October 2024, but it may be worthwhile to compare some of its key metrics to Wall Street e
Pure Storage (PSTG) came out with quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.50 per share a year ago.
SANTA CLARA, Calif. , Dec. 3, 2024 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced a collabora
Pure Storage CEO Charles Giancarlo, joins 'Closing Bell: Overtime' to discuss company earnings and outlook.
Pure Storage's earnings and sales topped estimates while the company touted a cloud 'design win.' The post Pure Storage Stock Soars 20% After Data Player Beats On Earnings, Touts Hyperscaler Cloud Win
Awarded industry-first design win from a top-four hyperscaler SANTA CLARA, Calif. , Dec. 3, 2024 /PRNewswire/ -- Today Pure Storage (NYSE: PSTG), the IT pioneer that delivers the world's most advanced
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