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Upturn AI SWOT - About
PSTG 
Pure Storage Inc (PSTG)
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Upturn Advisory Summary
04/01/2025: PSTG (4-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Above Average Performance
These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit -6.4% | Avg. Invested days 34 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 15.00B USD | Price to earnings Ratio 142.81 | 1Y Target Price 71.51 |
Price to earnings Ratio 142.81 | 1Y Target Price 71.51 | ||
Volume (30-day avg) 3329973 | Beta 1.09 | 52 Weeks Range 43.70 - 73.67 | Updated Date 04/1/2025 |
52 Weeks Range 43.70 - 73.67 | Updated Date 04/1/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.31 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 3.37% | Operating Margin (TTM) 4.78% |
Management Effectiveness
Return on Assets (TTM) 1.66% | Return on Equity (TTM) 8.29% |
Valuation
Trailing PE 142.81 | Forward PE 25.97 | Enterprise Value 13192349694 | Price to Sales(TTM) 4.73 |
Enterprise Value 13192349694 | Price to Sales(TTM) 4.73 | ||
Enterprise Value to Revenue 4.16 | Enterprise Value to EBITDA 46.73 | Shares Outstanding 326023008 | Shares Floating 308420558 |
Shares Outstanding 326023008 | Shares Floating 308420558 | ||
Percent Insiders 5.06 | Percent Institutions 86.34 |
Analyst Ratings
Rating 4.05 | Target Price 71.78 | Buy 5 | Strong Buy 10 |
Buy 5 | Strong Buy 10 | ||
Hold 6 | Sell - | Strong Sell 1 | |
Strong Sell 1 |
Upturn AI SWOT
Pure Storage Inc
Company Overview
History and Background
Pure Storage Inc. was founded in 2009 by John Hayes and Scott Dietzen. It went public in 2015 (NYSE: PSTG). The company focuses on all-flash data storage solutions and has grown rapidly, becoming a key player in the enterprise storage market.
Core Business Areas
- FlashArray: All-flash storage arrays designed for performance and efficiency, catering to enterprise workloads like databases and virtualization.
- FlashBlade: A unified fast file and object (UFFO) storage platform designed for unstructured data and modern applications such as AI/ML and analytics.
- Pure as-a-Service: A subscription-based storage service offering flexible consumption models and cloud-like management capabilities.
- Portworx: Kubernetes storage and data management platform for cloud-native applications.
Leadership and Structure
Charlie Giancarlo serves as the CEO. The company has a typical corporate structure with departments for engineering, sales, marketing, finance, and operations.
Top Products and Market Share
Key Offerings
- FlashArray: All-flash, block storage array for enterprise applications. Competitors include Dell EMC PowerMax, NetApp AFF, and HPE Alletra. Reported to be the storage solution with highest customer satisfaction. Revenue for the fiscal year 2024 was $1.7 billion.
- Market Share (%): 13.4
- FlashBlade: Unified Fast File and Object (UFFO) storage for unstructured data workloads such as AI/ML and analytics. Competitors include Dell PowerScale, Qumulo, and VAST Data.
- Market Share (%): Data on specific market share is less readily available compared to primary storage.
- Market Share (%): Data on specific market share is less readily available compared to primary storage.
- Pure as-a-Service: Subscription-based storage consumption model. Competing with other storage-as-a-service offerings from major cloud providers and traditional storage vendors.
- Market Share (%): Data on specific market share is less readily available compared to primary storage.
- Portworx: Kubernetes-based storage and data management platform. Competition includes Longhorn, OpenEBS and Rook
Market Dynamics
Industry Overview
The data storage industry is driven by the increasing need for faster, more efficient, and scalable storage solutions. The rise of big data, cloud computing, and AI/ML is fueling demand for all-flash storage, software-defined storage, and storage-as-a-service.
Positioning
Pure Storage is positioned as a leader in the all-flash storage market, focusing on performance, simplicity, and cloud integration. The company's competitive advantages include its Evergreen Storage subscription model, which offers non-disruptive upgrades and technology refreshes, and its focus on ease of management.
Total Addressable Market (TAM)
The TAM for enterprise storage solutions is expected to reach hundreds of billions of dollars. Pure Storage is strategically positioned to capture a significant portion of this market by offering innovative storage solutions tailored to modern data-intensive workloads.
Upturn SWOT Analysis
Strengths
- Strong product portfolio in all-flash storage
- Evergreen Storage subscription model
- Focus on innovation and technology leadership
- High customer satisfaction
- Cloud-native solutions (Portworx)
Weaknesses
- Premium pricing compared to some competitors
- Smaller market share compared to established vendors
- Heavy reliance on flash memory pricing
- Brand recognition is less than bigger companies
Opportunities
- Growing demand for all-flash storage solutions
- Expansion into new markets and geographies
- Leveraging cloud partnerships and integrations
- Growth in AI/ML and data analytics workloads
- Expansion of Portworx into broader Kubernetes ecosystem.
Threats
- Intense competition from established storage vendors
- Rapid technological advancements and disruptive innovations
- Economic downturns impacting IT spending
- Fluctuations in flash memory prices
- Emergence of new storage technologies
Competitors and Market Share
Key Competitors
- Dell Technologies (DELL)
- NetApp (NTAP)
- Hewlett Packard Enterprise (HPE)
Competitive Landscape
Pure Storage competes with established storage vendors by offering innovative all-flash solutions, subscription services, and a focus on simplicity and ease of management. The company's competitive advantages include its Evergreen Storage model and its cloud-native solutions.
Major Acquisitions
Portworx
- Year: 2020
- Acquisition Price (USD millions): 370
- Strategic Rationale: Expanded Pure Storage's capabilities into the Kubernetes storage and data management market, enabling it to address the growing demand for cloud-native applications.
Growth Trajectory and Initiatives
Historical Growth: Pure Storage has experienced significant growth in revenue and market share over the past decade.
Future Projections: Analysts project continued growth in revenue and earnings, driven by the company's strong product portfolio and market position.
Recent Initiatives: Recent initiatives include expanding its cloud partnerships, launching new products such as FlashBlade//S, and growing the Portworx business. It has also invested in sustainable storage solutions.
Summary
Pure Storage is a growing company in the all-flash storage market, known for its innovative solutions and Evergreen Storage subscription model. The company has strong revenue growth and a solid balance sheet. However, it faces intense competition and must continue to innovate to maintain its competitive edge and manage flash memory pricing. It needs to focus on continued profitability.
Similar Companies
- DELL
- NTAP
- HPE
- IBM
Sources and Disclaimers
Data Sources:
- Pure Storage Investor Relations
- Third-party market research reports
- Company SEC filings
- Analyst reports
Disclaimers:
This analysis is based on publicly available information and represents an opinion. Market conditions and company performance can change rapidly. Investment decisions should be based on thorough research and consultation with a financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Pure Storage Inc
Exchange NYSE | Headquaters Santa Clara, CA, United States | ||
IPO Launch date 2015-10-07 | Chairman & CEO Mr. Charles H. Giancarlo | ||
Sector Technology | Industry Computer Hardware | Full time employees 6000 | Website https://www.purestorage.com |
Full time employees 6000 | Website https://www.purestorage.com | ||
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, FlashBlade//E, and FlashBlade//EXA 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. The company was formerly known as OS76, Inc. and changed its name to Pure Storage, Inc. in January 2010. Pure Storage, Inc. was incorporated in 2009 and is headquartered in Santa Clara, California.
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