Pure Storage, Inc. Class A Stock News

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.

Pure Storage shares headed for a record close after the company reported better-than-expected results and lifted its guidance. The data storage management company said that it started recognizing revenue in the quarter from a recent deal with Meta.

Key Points in This Article: The data center market is projected to grow at an 11.2% CAGR, reaching $652 billion by 2030, driven by AI and cloud migration.

The maker of flash memory products posts an earnings beat in its latest quarter and raises its guidance.

Pure Storage delivered strong Q2 results, beating revenue and EPS expectations, and raised full-year guidance, driving a significant post-earnings stock surge. The company continues to expand its customer base, especially among Fortune 500 firms, and is growing a high-margin enterprise and hyperscaler business. Despite operational strength and a solid net cash position, current valuation multip...

Pure Storage, Inc. (NYSE:PSTG ) Q2 2026 Earnings Conference Call August 27, 2025 5:00 PM ET Company Participants Charles H. Giancarlo - Chairman & CEO Paul Ziots - Vice President of Investor Relations Robert Lee - VP & CTO Tarek A.