Pure Storage (PSTG) Expected to Announce Quarterly Earnings on Wednesday

Pure Storage (NYSE:PSTG) is projected to release its Q4 2026 results after the market closes on Wednesday, February 25th. Analysts expect Pure Storage to post earnings of $0.65 per share and revenue of $1.0318 billion for the quarter. Parties can find conference call details on the company’s upcoming Q4 2026 earning report page for the latest details on the call scheduled for Wednesday, February 25, 2026 at 5:00 PM ET.

Pure Storage (NYSE:PSTG) last released its earnings results on Tuesday, December 2nd. The technology company reported $0.58 EPS for the quarter, hitting analysts’ consensus estimates of $0.58. The business had revenue of $964.45 million for the quarter, compared to the consensus estimate of $955.60 million. Pure Storage had a net margin of 3.74% and a return on equity of 10.60%. The business’s revenue for the quarter was up 16.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.50 EPS. On average, analysts expect Pure Storage to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Pure Storage Stock Performance

Shares of NYSE:PSTG opened at $72.67 on Wednesday. The stock has a market capitalization of $23.99 billion, a price-to-earnings ratio of 191.24, a PEG ratio of 5.76 and a beta of 1.27. Pure Storage has a 1-year low of $34.51 and a 1-year high of $100.59. The company has a 50 day moving average price of $70.40 and a 200 day moving average price of $77.05.

Insider Buying and Selling at Pure Storage

In other Pure Storage news, insider John Colgrove sold 100,000 shares of the business’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $71.31, for a total value of $7,131,000.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Ajay Singh sold 7,178 shares of the firm’s stock in a transaction dated Tuesday, December 23rd. The stock was sold at an average price of $67.14, for a total value of $481,930.92. Following the sale, the insider directly owned 215,091 shares of the company’s stock, valued at $14,441,209.74. This trade represents a 3.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 5.60% of the stock is currently owned by company insiders.

Institutional Trading of Pure Storage

Large investors have recently added to or reduced their stakes in the business. Sunbelt Securities Inc. raised its holdings in shares of Pure Storage by 287.1% during the 3rd quarter. Sunbelt Securities Inc. now owns 329 shares of the technology company’s stock valued at $28,000 after purchasing an additional 244 shares in the last quarter. Banque Transatlantique SA acquired a new position in Pure Storage during the third quarter worth $29,000. Greenline Wealth Management LLC bought a new position in Pure Storage during the fourth quarter valued at about $32,000. Transamerica Financial Advisors LLC lifted its position in shares of Pure Storage by 50.3% in the fourth quarter. Transamerica Financial Advisors LLC now owns 508 shares of the technology company’s stock worth $34,000 after buying an additional 170 shares during the last quarter. Finally, Prosperity Bancshares Inc bought a new stake in shares of Pure Storage during the 4th quarter worth about $40,000. 83.42% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on PSTG shares. Susquehanna set a $105.00 target price on Pure Storage in a research report on Wednesday, December 3rd. Barclays upped their price objective on shares of Pure Storage from $70.00 to $77.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 3rd. Northland Securities set a $77.00 price target on shares of Pure Storage in a report on Wednesday, December 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Pure Storage in a research report on Thursday, January 22nd. Finally, Wedbush boosted their target price on shares of Pure Storage from $90.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, December 3rd. Twelve investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Pure Storage has an average rating of “Moderate Buy” and a consensus target price of $94.47.

Pure Storage Company Profile

Pure Storage, Inc (NYSE: PSTG) is a technology company that designs and sells data storage hardware and software for enterprise and cloud environments. The company is best known for its all-flash storage arrays that are engineered to deliver high performance, low latency and simplified management compared with traditional disk-based systems. Its product portfolio includes purpose-built arrays and software aimed at transactional databases, virtualized infrastructures, analytics and large-scale file/object workloads.

Key product and software offerings include the FlashArray family for block storage and FlashBlade for file and object workloads, together with Purity, the company’s storage operating environment.