Pure Storage, Inc. Class A Stock News

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SANTA CLARA, Calif. , June 24, 2025 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced the appointment of Tarek Robbiati as its Chief Financial Officer (CFO), effective immediately.

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New Pure Storage FlashArray and FlashBlade offerings support the most massive demands for increasingly intensive workloads LAS VEGAS , June 18, 2025 /PRNewswire/ -- Pure//Accelerate -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced an expansion of its next-generation storage products designed for the most ...

New Pure Storage platform innovations help customers solve data management challenges today and in the future LAS VEGAS , June 18, 2025 /PRNewswire/ -- Pure//Accelerate – Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today introduced the Enterprise Data Cloud (EDC), a bold new standard in data and storage management simp...

I reiterate my buy rating on Pure Storage due to strong demand, robust execution, and attractive valuation. 1Q26 results validate my bullish stance, with accelerating revenue growth, standout subscription momentum, and healthy margins without relying on price cuts. Key catalysts include hyperscaler traction (Meta win), AI-driven demand, new platform launches, and disciplined pricing strategy to...

Data storage specialist Pure Storage (PSTG -2.63%) wasn't in the good graces of the stock market on Thursday. After its latest set of quarterly earnings were published the previous afternoon, investors traded out of the shares to leave them with a nearly 3% decline to close Thursday.

Pure Storage's Q1 results showcased ongoing margin pressure from a highly competitive, commoditized data storage industry, limiting pricing power and growth potential. Despite AI hype, Pure Storage's revenue growth remains tepid. Current trends may even be supported by pull-forwards in infrastructure investments, and are not necessarily sustainable. Rising R&D expenses are eroding operating pro...