A Look At Pure Storage Inc (NYSE: PSTG): How Much Is It Worth And How Should It Be Assessed?

Pure Storage Inc (NYSE:PSTG)’s traded shares stood at 0.79 million during the latest session, with the company’s beta value hitting 1.06. At the last check today, the stock’s price was $55.10, to imply a decrease of -1.69% or -$0.95 in intraday trading. The PSTG share’s 52-week high remains $73.67, putting it -33.7% down since that peak but still an impressive 37.37% since price per share fell to its 52-week low of $34.51.

Analysts have given a consensus recommendation of Buy for Pure Storage Inc (PSTG), translating to a mean rating of 1.67. Of 17 analyst(s) looking at the stock, 2 analyst(s) give PSTG a Sell rating. 1 of those analysts rate the stock as Overweight while 3 advise Hold as 11 recommend it as a Buy.

Pure Storage Inc (NYSE:PSTG) trade information

After registering a -1.69% downside in the latest session, Pure Storage Inc (PSTG) has traded red over the past five days. The 5-day price performance for the stock is -2.58%, and 22.09% over 30 days. With these gigs, the year-to-date price performance is -10.30%.

The extremes give us $75 and $75 for target low and target high price respectively. As such, PSTG has been trading -36.12% off suggested target high and -36.12% from its likely low.

PSTG Dividends

Pure Storage Inc has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

The next major institution holding the largest number of shares is BLACKROCK INC. with 33.38 million shares, or about 10.2298% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $2.14 billion.

We also have Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund and iShares Trust-iShares Core S&P Mid-Cap ETF as the top two Mutual Funds with the largest holdings of the Pure Storage Inc (PSTG) shares. Going by data provided on Mar 31, 2025 , Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund holds roughly 15.94 shares. This is just over 4.87% of the total shares, with a market valuation of $874.4 million. Data from the same date shows that the other fund manager holds a little less at 10.12, or 3.09% of the shares, all valued at about 555.35 million.

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