The Latest Breaking News from PSTG

The need for data-driven tech solutions and increasing investments is fuelling the technology sector’s growth. Therefore, it could be worth adding quality tech stocks Cognizant Technology (CTSH), Pure Storage (PSTG), and Hackett Group (HCKT) to your watchlists. Keep reading.

The tech industry faced massive backlash amid consecutive federal rate hikes. However, experts believe a tech rebound is on the cards this year. Moreover, considering the robust prospects of the industry, buying quality tech stocks Jabil (JBL), Pure Storage (PSTG), and Vishay Intertechnology (VSH) could be ideal this month. Read…

IT pioneer Pure Storage (PSTG) delivered solid financial results in the second quarter of fiscal 2023, driven by an expanding portfolio of its industry-leading products and services. Moreover, analysts are bullish about the company’s near-term prospects. Given its diversified business, robust financials, high profitability, and solid growth prospects, it could…

Currently trading under $27, Pure Storage (PSTG) continues to witness solid growth based on its various strategic collaborations and advancements in its product portfolio. So, let’s evaluate if it is worth adding the stock to your portfolio at the current price level. Read on for details.

Pure Storage Inc (NYSE: PSTG) reported first-quarter revenue growth of 50% year-over-year to $620.4 million, beating the consensus of $521.99 million.

Analysts have provided the following ratings for Pure Storage (NYSE:PSTG) within the last quarter:

Pure Storage (PSTG) and DocuSign (DOCU) have little in common from a technical standpoint, with one name recently making new multi-year lows and the other racing towards new all-time highs. However, both companies boast strong sales growth and steady earnings growth from a fundamental standpoint, and are leaders in their…

Heightened demand for advanced data storage products from enterprises and cloud service providers to securely store their data should help data storage companies to grow substantially. Therefore, prominent data storage stocks Western Digital (WDC) and Pure Storage (PSTG) should benefit. But which of these stocks is a better buy now?…

Within the last quarter, Pure Storage (NYSE:PSTG) has observed the following analyst ratings: