Pure Storage, Inc. Class A Stock News

Pure Storage, Inc. (PSTG) shares up 228% since 2018's first of 16 Big Money outlier inflow signals.

Data storage stocks are racking up gains.

Represents twelfth consecutive year Pure Storage has been recognized as a Leader in a Gartner Magic Quadrant report SANTA CLARA, Calif. , Sept. 5, 2025 /PRNewswire/ -- Pure Storage (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced it has been recognized as a Leader in the 2025 Gartner® Magic Quadrant™ for Enterprise Storag...

Morgan Stanley analysts estimate artificial intelligence (AI) spending across infrastructure and software will increase more than 600% by 2028. Buying stock in Nvidia and/or Palantir has been a popular way to capitalize on that trend, but investors should consider Meta Platforms (META 0.25%) and Pure Storage (PSTG 0.56%).

Pure Storage's strong Q2 results, hyperscaler wins, and subscription growth drove a 32% post-earnings stock surge and outperformance versus the S&P 500. Collaboration with Meta and early-stage talks with other hyperscalers signal further upside potential; new hyperscaler design wins could be major catalysts for future growth. Subscription revenue now comprises 48% of total revenue, with ARR and...

MongoDB, Pure Storage and Snowflake all touted artificial intelligence in earnings reports this week. The stocks notched big gains as investors started seeing the benefits of AI moving further downstream in technology.

Pure Storage Inc (NYSE: PSTG) rallied more than 30% on Thursday after posting market-beating financials for its second quarter and raising guidance for the future. Following the post-earnings surge, PSTG shares have more than doubled since early April.

Pure Storage's stock is cruising to a record after a flash-storage partnership with Meta helped the company crush earnings expectations.