Brokers Set Expectations for Pure Storage, Inc.’s Q3 2025 Earnings (NYSE:PSTG)

Pure Storage, Inc. (NYSE:PSTG) – Analysts at Zacks Research dropped their Q3 2025 EPS estimates for shares of Pure Storage in a report released on Wednesday, September 18th. Zacks Research analyst R. Department now expects that the technology company will post earnings of $0.14 per share for the quarter, down from their prior estimate 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.

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

Several other research firms have also recently issued reports on PSTG. Piper Sandler dropped their price target on Pure Storage from $60.00 to $56.00 and set a “neutral” rating on the stock in a report on Thursday, August 29th. Bank of America boosted their price objective on Pure Storage from $57.00 to $68.00 and gave the stock a “neutral” rating in a report on Thursday, May 30th. UBS Group decreased their target price on shares of Pure Storage from $47.00 to $45.00 and set a “sell” rating for the company in a report on Thursday, August 29th. Needham & Company LLC cut their price target on shares of Pure Storage from $80.00 to $62.00 and set a “buy” rating on the stock in a report on Thursday, August 29th. Finally, Morgan Stanley lowered shares of Pure Storage from an “overweight” rating to an “equal weight” rating and set a $60.00 price objective for the company. in a research note on Wednesday, June 12th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $66.95.

Pure Storage Stock Performance

NYSE:PSTG opened at $50.72 on Monday. The company has a 50-day moving average of $55.66 and a 200-day moving average of $57.02. The firm has a market cap of $16.50 billion, a price-to-earnings ratio of 181.14, a price-to-earnings-growth ratio of 7.69 and a beta of 1.11. The company has a current ratio of 1.99, a quick ratio of 1.96 and a debt-to-equity ratio of 0.07. Pure Storage has a twelve month low of $31.00 and a twelve month high of $70.41.

Insiders Place Their Bets

In related news, CFO P. Kevan Krysler sold 14,296 shares of the stock in a transaction dated Friday, July 5th. The shares were sold at an average price of $63.79, for a total value of $911,941.84. Following the completion of the sale, the chief financial officer now owns 518,623 shares in the company, valued at $33,082,961.17. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In related news, CFO P. Kevan Krysler sold 14,296 shares of the firm’s stock in a transaction on Friday, July 5th. The stock was sold at an average price of $63.79, for a total value of $911,941.84. Following the completion of the transaction, the chief financial officer now directly owns 518,623 shares of the company’s stock, valued at $33,082,961.17. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider John Colgrove sold 100,000 shares of Pure Storage stock in a transaction on Thursday, July 18th. The stock was sold at an average price of $59.50, for a total transaction of $5,950,000.00. Following the sale, the insider now owns 900,000 shares in the company, valued at approximately $53,550,000. The disclosure for this sale can be found here. Insiders have sold 324,177 shares of company stock worth $18,863,083 in the last ninety days. Insiders own 6.00% of the company’s stock.

Hedge Funds Weigh In On Pure Storage

Several hedge funds and other institutional investors have recently modified their holdings of PSTG. Dimensional Fund Advisors LP increased its position in shares of Pure Storage by 2.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,168,335 shares of the technology company’s stock worth $41,666,000 after purchasing an additional 28,086 shares in the last quarter. State of Alaska Department of Revenue acquired a new position in shares of Pure Storage in the 1st quarter worth approximately $1,675,000. Texas Permanent School Fund Corp bought a new stake in Pure Storage during the 1st quarter worth approximately $13,514,000. Cetera Investment Advisers increased its holdings in Pure Storage by 284.9% during the 1st quarter. Cetera Investment Advisers now owns 55,801 shares of the technology company’s stock valued at $2,901,000 after purchasing an additional 41,305 shares in the last quarter. Finally, Quantbot Technologies LP bought a new position in Pure Storage in the 1st quarter valued at $709,000. Institutional investors 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.