Notably, the current Price to Earnings ratio for this stock, 204.13, is 6.49x above the industry norm, reflecting a higher valuation relative to the industry. It could be trading at a premium in ...
‘When you believe a technology is a commodity, you stop investing in it or you focus only on cost, whereas if you look at it as high technology you want to consistently be doing two things. One is ...
Pure Storage (NYSE:PSTG) was in the spotlight on Tuesday as investment firm UBS downgraded the flash storage company, noting that increased competition could impact its valuation. Shares fell 4.9% in ...
Pure Storage's stock fell over 20% post-earnings due to gross margin concerns, despite strong revenue growth driven by AI demand. I'm upgrading Pure Storage to a neutral rating, but recommend waiting ...
Shares of the data center hardware company Pure Storage Inc. flew into orbit today after it posted third-quarter financial results that breezed past analyst expectations and offered strong guidance ...
Pure Storage Inc. today reported fourth-quarter financial results that topped the market’s revenue and profit expectations. Despite the strong results, the company’s stock was down almost 8% in ...
Data storage solutions provider Pure Storage (NYSE:PSTG) reported Q2 CY2025 results , with sales up 12.7% year on year to $861 million. On top of that, next quarter’s revenue guidance ($955 million at ...