Pure Storage (PSTG)
(Delayed Data from NYSE)
$52.32 USD
-0.99 (-1.86%)
Updated Apr 17, 2024 04:01 PM ET
After-Market: $52.16 -0.16 (-0.31%) 7:58 PM ET
3-Hold of 5 3
F Value A Growth B Momentum C VGM
Pure Storage (PSTG) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$53.17 | $66.00 | $40.00 | -0.26% |
Price Target
Based on short-term price targets offered by 18 analysts, the average price target for Pure Storage comes to $53.17. The forecasts range from a low of $40.00 to a high of $66.00. The average price target represents a decline of 0.26% from the last closing price of $53.31.
Analyst Price Targets (18)
Broker Rating
Pure Storage currently has an average brokerage recommendation (ABR) of 1.38 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 20 brokerage firms. The current ABR compares to an ABR of 1.39 a month ago based on 19 recommendations.
Of the 20 recommendations deriving the current ABR, 15 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 75% and 10% of all recommendations. A month ago, Strong Buy made up 73.68%, while Buy represented 10.53%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 15 | 15 | 14 | 13 | 14 |
Buy | 2 | 2 | 2 | 1 | 1 |
Hold | 3 | 3 | 3 | 3 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.38 | 1.38 | 1.39 | 1.38 | 1.26 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
4/11/2024 | Susquehanna Financial Group | Mehdi Hosseini | Not Available | Strong Buy |
3/15/2024 | Lake Street Capital Markets | Eric Martinuzzi | Strong Buy | Strong Buy |
3/6/2024 | Needham & Company | Michael J Cikos | Not Available | Moderate Buy |
2/29/2024 | Wedbush Securities | Matthew Bryson | Strong Buy | Strong Buy |
2/29/2024 | William Blair | Jason N Ader | Strong Buy | Strong Buy |
2/29/2024 | KeyBanc Capital Markets | Thomas Blakey | Strong Buy | Strong Buy |
2/29/2024 | Northland Capital Markets | Nehal Chokshi | Strong Buy | Strong Buy |
2/23/2024 | Evercore Partners | Amit Daryanani | Strong Buy | Strong Buy |
12/7/2023 | Guggenheim Securities | Howard Ma | Not Available | Strong Buy |
11/30/2023 | Raymond James | Simon M Leopold | Strong Buy | Strong Buy |
10/2/2023 | Summit Insights Group | Srini Nandury | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.38 |
ABR (Last week) | 1.38 |
# of Recs in ABR | 20 |
Average Target Price | $53.17 |
LT Growth Rate | 17.60% |
Industry | Computer- Storage Devices |
Industry Rank by ABR | 33 of 252 |
Current Quarter EPS Est: | 0.21 |