Data storage company Pure Storage (PSTG) finished higher today after Guggenheim praised it as the “best idea.” Analyst Howard Ma also raised his PSTG stock price target from $72 to $93, implying 64% ...
Pure Storage has successfully transitioned to a "Storage-as-a-Service" model, benefiting from strong demand amid the GenAI boom and delivering resilient FY2025 results. The company is pursuing more ...
Pure Storage's Meta Platforms win validates its AI storage leadership and could unlock further hyperscaler contracts, driving long-term growth potential. AI adoption is fueling demand for ...
Shares of data storage solutions provider Pure Storage (NYSE:PSTG) fell 4.6% in the afternoon session after investors rotated out of AI-linked high-flyers following underwhelming earnings updates from ...
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Why Pure Storage Stock Is Soaring After Its Results While Data Storage Rival NetApp Wavers
Pure StoragePSTG stock soared to record highs Thursday after the company posted stronger-than-expected fiscal second-quarter results. Meanwhile, shares of rival enterprise data storage firm NetAppNTAP ...
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Pure Storage Stock Falls Despite Earnings Beat With Stronger-Than-Expected Sales
Pure Storage stock tumbled below its 200-day moving average Thursday, despite the enterprise data storage company posting ...
When a stock jumps 25% after a company’s earnings, it’s typically down to the numbers. That might not be the case with Pure Storage on Wednesday.
Pure Storage is falling after UBS published bearish coverage on the stock. UBS raised its price target for Pure Storage, but it downgraded the stock from neutral to sell. UBS sees signs that AI ...
Pure Storage exceeded revenue and earnings guidance for Q3 2026. The stock crashed 26% despite the earnings beat because it was trading at 233 times trailing earnings yesterday. The selloff erased ...
Computer hardware stock Pure Storage Inc (NYSE:PSTG) is 1.5% higher to trade at $69.90 this afternoon, attempting to pare back some of its post-earnings bear gap, which sent it 27.3% lower yesterday.
The stock closed at $67.25 in the last trading session, down 8.7% from the 52-week high of $73.67. The company is trading above its 50-day moving average, indicating a bullish sentiment among ...
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