Q3 2025 Earnings Forecast for Pure Storage, Inc. (NYSE:PSTG) Issued By Zacks Research

Pure Storage, Inc. (NYSE:PSTG) – Research analysts at Zacks Research cut their Q3 2025 earnings per share (EPS) estimates for shares of Pure Storage in a research report issued on Wednesday, September 18th. Zacks Research analyst R. Department now forecasts that the technology company will post earnings of $0.14 per share for the quarter, down from their previous forecast of $0.15. The consensus estimate for Pure Storage’s current full-year earnings is $0.43 per share. Zacks Research also issued estimates for Pure Storage’s Q4 2025 earnings at $0.17 EPS, FY2025 earnings at $0.43 EPS, Q1 2026 earnings at $0.07 EPS, Q2 2026 earnings at $0.11 EPS, Q3 2026 earnings at $0.19 EPS, Q4 2026 earnings at $0.21 EPS, FY2026 earnings at $0.58 EPS, Q2 2027 earnings at $0.13 EPS and FY2027 earnings at $0.69 EPS.

Other research analysts also recently issued research reports about the stock. Northland Securities reaffirmed a “market perform” rating and issued a $59.00 target price (down previously from $68.00) on shares of Pure Storage in a research report on Thursday, August 29th. Citigroup lowered their price target on Pure Storage from $75.00 to $67.00 and set a “buy” rating on the stock in a research report on Thursday, August 29th. Guggenheim reissued a “buy” rating and issued a $72.00 target price on shares of Pure Storage in a research note on Tuesday, June 25th. KeyCorp lifted their price objective on shares of Pure Storage from $64.00 to $79.00 and gave the company an “overweight” rating in a research report on Thursday, May 30th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $80.00 target price on shares of Pure Storage in a report on Monday, August 26th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $66.95.

Pure Storage Stock Down 0.8 %

Shares of Pure Storage stock opened at $49.81 on Monday. Pure Storage has a 52-week low of $31.00 and a 52-week high of $70.41. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.96 and a current ratio of 1.99. The business’s 50 day simple moving average is $55.06 and its 200 day simple moving average is $56.93. The firm has a market cap of $16.20 billion, a PE ratio of 177.89, a P/E/G ratio of 7.69 and a beta of 1.11.

Pure Storage (NYSE:PSTG) last posted its quarterly earnings data on Wednesday, August 28th. The technology company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.10 by $0.10. Pure Storage had a net margin of 4.53% and a return on equity of 17.41%. The business had revenue of $763.77 million for the quarter, compared to analysts’ expectations of $756.59 million.

Insider Activity at Pure Storage

In related news, CRO Dan Fitzsimons sold 9,881 shares of the business’s stock in a transaction on Friday, July 19th. The stock was sold at an average price of $59.32, for a total transaction of $586,140.92. Following the sale, the executive now owns 115,601 shares in the company, valued at approximately $6,857,451.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CRO Dan Fitzsimons sold 9,881 shares of the firm’s stock in a transaction on Friday, July 19th. The stock was sold at an average price of $59.32, for a total transaction of $586,140.92. Following the completion of the transaction, the executive now directly owns 115,601 shares of the company’s stock, valued at approximately $6,857,451.32. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider John Colgrove sold 100,000 shares of the firm’s stock in a transaction dated Thursday, July 18th. The stock was sold at an average price of $59.50, for a total value of $5,950,000.00. Following the transaction, the insider now owns 900,000 shares of the company’s stock, valued at $53,550,000. The disclosure for this sale can be found here. In the last three months, insiders have sold 433,072 shares of company stock valued at $24,307,792. 6.00% of the stock is owned by insiders.

Institutional Investors Weigh In On Pure Storage

Several large investors have recently added to or reduced their stakes in the business. Massmutual Trust Co. FSB ADV increased its holdings in shares of Pure Storage by 61.2% during the second quarter. Massmutual Trust Co. FSB ADV now owns 424 shares of the technology company’s stock valued at $27,000 after acquiring an additional 161 shares in the last quarter. Harbour Investments Inc. grew its holdings in Pure Storage by 3.0% during the second quarter. Harbour Investments Inc. now owns 6,912 shares of the technology company’s stock worth $444,000 after buying an additional 202 shares in the last quarter. Michael S. Ryan Inc. lifted its stake in Pure Storage by 4.8% during the 2nd quarter. Michael S. Ryan Inc. now owns 4,542 shares of the technology company’s stock valued at $292,000 after acquiring an additional 208 shares in the last quarter. Bank Pictet & Cie Europe AG grew its stake in shares of Pure Storage by 3.2% in the 2nd quarter. Bank Pictet & Cie Europe AG now owns 7,202 shares of the technology company’s stock worth $462,000 after acquiring an additional 223 shares in the last quarter. Finally, Franklin Resources Inc. raised its holdings in shares of Pure Storage by 0.4% in the fourth quarter. Franklin Resources Inc. now owns 54,073 shares of the technology company’s stock valued at $1,928,000 after purchasing an additional 242 shares during the last quarter. Institutional investors and hedge funds own 83.42% of the company’s stock.

Pure Storage Company Profile

Pure Storage, Inc engages in the provision of data storage and management technologies, products, and services in the United States and internationally. Its Purity software is shared across its products and provides enterprise-class data services, such as always-on data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object.