Risk factor
Good trading liquidity
Profitability factor
Greatly overvalued vs peers
About
Pure Storage, Inc. provides data storage technologies, products, and services in the United States and internationally. The company's Purity software is shared across its products and provides enterprise-class data services, such as data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. Its products portfolio includes FlashArray for block-oriented...
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, overvalued
Target Price
The average target price of PSTG is 95 and suggests 29% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase
