Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

How to buy Pure Storage stock (PSTG)

Buy Pure Storage stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Pure Storage is a computer hardware business based in the US. Pure Storage shares (PSTG) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $49.90 – an increase of 0.06% over the previous week. Pure Storage employs 5,600 staff and has a trailing 12-month revenue of around $3 billion.

Our top picks for where to buy Pure Storage stock

Our pick for investing by theme

Go to site
  • Trade $0 commission stocks & ETFs with as little as $1
  • Earn up to $300 with qualifying deposits
  • Discover new opportunities with Opto's AI-driven thematic investing system
  • Theme and ETF screener

Top pick for best mobile experience

Go to site
  • Trade $0 commission stocks, ETFs, and options with as little as $1
  • After-hours trading available
  • Earn 4.5% interest on uninvested cash with Gold
  • 24/7 customer support

Alternative pick for crypto trading

Go to site
  • $0 commission trading
  • Instant withdrawals with a 1.75% fee
  • Supports 250+ cryptocurrencies
  • High-yield account earns up to 4.65% APY
Terms apply. Cryptoassets are highly volatile. Your capital is at risk. Available in the US, CA, UK and AU

Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.

How to buy Pure Storage stock

  1. Choose a stock trading platform. Use our comparison table
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – PSTG. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

Buy Pure Storage stock from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.
1 - 4 of 4
Name Product USFST Ratings Available asset types Stock trade fee Minimum deposit Cash sweep APY Signup bonus
OPTO
Finder Score: 3.1 / 5: ★★★★★
OPTO
★★★★★
Stocks, ETFs
$0
$0
N/A
Earn up to $300
AI-driven thematic investing, with proprietary research, fractional shares and commission-free stocks and ETFs.
Robinhood
Finder Score: 4.5 / 5: ★★★★★
Robinhood
★★★★★
Stocks, Options, ETFs, Cryptocurrency
$0
$0
4.5%
Get a free stock
Trade stocks, options, ETFs and crypto without commissions and on a user-friendly platform. Plus, a 1% IRA match and no options contract fees.
Uphold
Finder Score: 3.6 / 5: ★★★★★
Uphold
★★★★★
Cryptocurrency
N/A
$0
4.65%
Get $10
Tastytrade
Finder Score: 4.4 / 5: ★★★★★
Tastytrade
★★★★★
Stocks, Options, ETFs, Cryptocurrency, Futures, Treasury Bills
$0
$0
N/A
Get $50-$5,000
Competitive, capped options commissions, with a reliable trading platform designed for serious traders.
loading

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

Pure Storage stock price (NYSE: PSTG)

Use our graph to track the performance of PSTG stocks over time.

Pure Storage shares at a glance

Information last updated 2024-11-15.
Latest market close$49.90
52-week range$31.00 - $70.41
50-day moving average $51.30
200-day moving average $54.51
Wall St. target price$65.53
PE ratio 115.8837
Dividend yield N/A
Earnings per share (TTM) $0.43

Is it a good time to buy Pure Storage stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Pure Storage price performance over time

Historical closes compared with the close of $49.9 from 2024-11-19

1 week (2024-11-13) 0.06%
1 month (2024-10-18) -12.56%
3 months (2024-08-20) -18.93%
6 months (2024-05-20) -17.00%
1 year (2023-11-20) 34.43%
2 years (2022-11-18) 62.28%
3 years (2021-11-19) 80.21%
5 years (2019-11-20) 148.75%

Is Pure Storage stock undervalued or overvalued?

Valuing Pure Storage stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Pure Storage's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Pure Storage's P/E ratio

Pure Storage's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 116x. In other words, Pure Storage shares trade at around 116x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Pure Storage's PEG ratio

Pure Storage's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.4048. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Pure Storage's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Pure Storage's EBITDA

Pure Storage's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $281.8 million.

The EBITDA is a measure of a Pure Storage's overall financial performance and is widely used to measure a its profitability.

Pure Storage financials

Revenue TTM $3 billion
Operating margin TTM 3.26%
Gross profit TTM $1.9 billion
Return on assets TTM 2.67%
Return on equity TTM 11.19%
Profit margin 4.54%
Book value $4.44
Market Capitalization $16.3 billion

TTM: trailing 12 months

Pure Storage share dividends

We're not expecting Pure Storage to pay a dividend over the next 12 months.

Pure Storage share price volatility

Over the last 12 months, Pure Storage's shares have ranged in value from as little as $31 up to $70.41. A popular way to gauge a stock's volatility is its "beta".

PSTG.US volatility(beta: 1.1)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Pure Storage's is 1.103. This would suggest that Pure Storage's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Pure Storage overview

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. The company also provides FlashArray integrated hardware systems, including FlashArray//X, FlashArray//C, FlashArray//XL, FlashArray//E, and FlashArray File Services for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; and FlashBlade integrated hardware systems comprising FlashBlade//S and FlashBlade//E for managing and processing unstructured data workloads of various types from real-time log analytics and commercial high-performance computing (HPC) to data protection and recovery. In addition, it offers cloud-native storage solutions, such as Portworx by Pure Storage, a cloud-native Kubernetes data management solution; and Portworx Data Services, a Database-as-a-Service platform for Kubernetes. Further, the company provides Pure Fusion, a Software-as-a-Service (SaaS) management plane, which enables storage administrators to unify storage arrays and optimize storage pools; Evergreen Architecture comprising Pure1, an AI-driven cloud-based management platform, as well as Evergreen//One and Evergreen//Flex data storage solutions; and Cloud Block Store, a virtual block storage array, that provides customers the flexibility to operate a hybrid cloud model with seamless data mobility across on-premises and public cloud environments. It sells its products and subscription services through direct sales force and channel partners.

Frequently asked questions

What percentage of Pure Storage is owned by insiders or institutions?
Currently 5.208% of Pure Storage shares are held by insiders and 87.107% by institutions.
How many people work for Pure Storage?
Latest data suggests 5,600 work at Pure Storage.
When does the fiscal year end for Pure Storage?
Pure Storage's fiscal year ends in January.
Where is Pure Storage based?
Pure Storage's address is: 2555 Augustine Drive, Santa Clara, CA, United States, 95054
What is Pure Storage's ISIN number?
Pure Storage's international securities identification number is: US74624M1027
What is Pure Storage's CUSIP number?
Pure Storage's Committee on Uniform Securities Identification Procedures number is: 74624M102

More guides on Finder

Ask a question

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site