Pure Storage's operating and gross margins are expanding, driven by high-margin hyperscaler royalties. Read why PSTG stock is ...
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 ...
Pure Storage (PSTG) stock has been treading water lately, with a strong past 3 years but a weaker recent month, so the key question now is whether the pullback opens opportunity. See our latest ...
It isn’t often that a stock drops 27% and analysts think it’s no big deal. Then again, Wall Street doesn’t don’t often see shares drop that much when a company meets earnings expectations.
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.
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Why Pure Storage stock took a dirty dive today
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 ...
Pure Storage is upgraded to a "Buy" after a post-Q3 dip despite strong results and accelerating AI-driven demand. PSTG delivered 16% y/y revenue growth, 17% ARR growth, and expanding gross margins, ...
Pure Storage showed stable growth in its latest financial results, but net profit declined amid increased spending on AI and neocloud projects. The IT operator, which specializes in flash-based data ...
Pure Storage Inc. (PSTG) reported its third-quarter earnings for fiscal year 2026 on December 2, 2025, meeting analyst expectations for earnings per share (EPS) and slightly surpassing revenue ...
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