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-0.000138178803371633 -0.000138178803371633 0.00870526461240839 -0.000138178803371633 -0.000138178803371633 0.00207268205057352 0.003178112477546 0.00649440375846344
Stock impact report

Pure Storage, Inc. (PSTG): A Bull Case Theory [Yahoo! Finance]

Pure Storage, Inc. Class A (PSTG) 
Last pure storage, inc. class a earnings: 2/27 04:02 pm Check Earnings Report
US:NYSE Investor Relations: investor.purestorage.com
Company Research Source: Yahoo! Finance
Pure Storage, Inc. (PSTG)'s share was trading at $75.41 as of January 13th. PSTG's trailing and forward P/E were 198.45 and 35.84, respectively according to Yahoo Finance. Pure Storage is currently facing investor skepticism following its latest earnings update, with concerns centered on future profitability rather than near term execution. The company provides flash storage-based data servers and software primarily to enterprise customers, a market that experienced a downturn roughly two years ago and is now entering a new growth cycle. Expectations for Pure Storage rose meaningfully over the past year after it disclosed a relationship with a major hyperscaler, later revealed to be Meta, one of the world's largest data center operators. This partnership, alongside early engagement with other hyperscalers, positions Pure Storage to expand flash storage adoption within hyperscale data centers, though much of this effort remains in a research and development phase. In fiscal Q3 20 Show less Read more
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