News
Pure Storage: The Stock Is Down 24% Since Hyperscaler Win
Pure Storage has successfully transitioned to a "Storage-as-a-Service" model, benefiting from strong demand amid the GenAI boom and delivering resilient FY2025 results. The company is pursuing more hyperscaler opportunities after securing a top hyperscaler win last year, which creates a massive growth opportunity. Contract backlog showed softness in FY2025, which may weigh on the revenue growth outlook, while management warned political uncertainty as a risk factor for FY2026 guidance.
seekingalpha.com • Apr 05, 2025 06:45 Eastern
Pure Storage, Inc. (PSTG) Is a Trending Stock: Facts to Know Before Betting on It
Pure Storage (PSTG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
zacks.com • Apr 01, 2025 10:01 Eastern
Why Is Pure Storage (PSTG) Down 9% Since Last Earnings Report?
Pure Storage (PSTG) reported earnings 30 days ago. What's next for the stock?
zacks.com • Mar 28, 2025 12:35 Eastern
Investors Heavily Search Pure Storage, Inc. (PSTG): Here is What You Need to Know
Pure Storage (PSTG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
zacks.com • Mar 19, 2025 10:05 Eastern
Pure Storage Integrates NVIDIA AI Data Platform into FlashBlade to Fuel Enterprise AI Innovation
FlashBlade now certified for NVIDIA Cloud Partner and Enterprise deployments, transforms data into knowledge in near real-time, to fast-track agentic AI reasoning SANTA CLARA, Calif. , March 18, 2025 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced it is integrating the NVIDIA AI Data Platform reference design into its FlashBlade ® platform, expanding its commitment to deliver validated, enterprise-grade scalable, AI-ready solutions for customers that meet NVIDIA's rigorous standards.
prnewswire.com • Mar 18, 2025 16:05 Eastern
Pure Storage Introduces FlashBlade//EXA™, the World's Most Powerful Data Storage Platform for AI and High-Performance Computing
Purpose-built to bring unmatched performance, scalability and power of FlashBlade technology to next-generation, GPU-intensive AI and HPC workloads SANTA CLARA, Calif. , March 11, 2025 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today debuted FlashBlade//EXA™, the industry's highest performing data storage platform engineered for the most demanding requirements of AI and High-Performance Computing (HPC).
prnewswire.com • Mar 11, 2025 09:00 Eastern
Here is What to Know Beyond Why Pure Storage, Inc. (PSTG) is a Trending Stock
Recently, Zacks.com users have been paying close attention to Pure Storage (PSTG). This makes it worthwhile to examine what the stock has in store.
zacks.com • Mar 05, 2025 10:00 Eastern
Seizing Opportunities: Why Pure Storage Is An Intelligent Buy For 2025 And Beyond
Pure Storage has significant upside potential as hyperscalers transition from hard disks to solid-state devices, validated by a recent design win with a major cloud provider. Its DirectFlash technology enables consistent architecture across multiple performance tiers, enhancing Pure Storage customers' storage performance, reliability, and lifetime. The company's weak fourth quarter gross margin and disappointing guidance caused the stock to drop after earnings.
seekingalpha.com • Mar 05, 2025 03:13 Eastern