Brokers Set Expectations for Pure Storage, Inc.’s Q3 2025 Earnings (NYSE:PSTG)

Pure Storage, Inc. (NYSE:PSTG) – Equities research analysts at Zacks Research lowered their Q3 2025 earnings per share estimates for shares of Pure Storage in a research note issued to investors on Wednesday, September 18th. Zacks Research analyst R. Department now expects that the technology company will post earnings per share of $0.14 for the quarter, down from their prior estimate of $0.15. The consensus estimate for Pure Storage’s current full-year earnings is $0.43 per share. Zacks Research also issued estimates for Pure Storage’s Q4 2025 earnings at $0.17 EPS, FY2025 earnings at $0.43 EPS, Q1 2026 earnings at $0.07 EPS, Q2 2026 earnings at $0.11 EPS, Q3 2026 earnings at $0.19 EPS, Q4 2026 earnings at $0.21 EPS, FY2026 earnings at $0.58 EPS, Q2 2027 earnings at $0.13 EPS and FY2027 earnings at $0.69 EPS.

A number of other equities analysts also recently commented on PSTG. KeyCorp raised their price objective on Pure Storage from $64.00 to $79.00 and gave the stock an “overweight” rating in a report on Thursday, May 30th. Citigroup lowered their price objective on shares of Pure Storage from $75.00 to $67.00 and set a “buy” rating for the company in a research report on Thursday, August 29th. JPMorgan Chase & Co. upped their target price on shares of Pure Storage from $50.00 to $75.00 and gave the company an “overweight” rating in a research note on Thursday, May 30th. Raymond James cut their price objective on shares of Pure Storage from $73.00 to $70.00 and set an “outperform” rating on the stock in a report on Thursday, August 29th. Finally, Piper Sandler reduced their price target on Pure Storage from $60.00 to $56.00 and set a “neutral” rating for the company in a report on Thursday, August 29th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $66.95.

Pure Storage Stock Down 0.8 %

Shares of NYSE PSTG opened at $49.81 on Monday. The stock has a market capitalization of $16.20 billion, a PE ratio of 177.89, a P/E/G ratio of 7.69 and a beta of 1.11. The company has a quick ratio of 1.96, a current ratio of 1.99 and a debt-to-equity ratio of 0.07. The firm has a fifty day moving average of $55.06 and a 200-day moving average of $56.93. Pure Storage has a 52-week low of $31.00 and a 52-week high of $70.41.

Pure Storage (NYSE:PSTG) last released its earnings results on Wednesday, August 28th. The technology company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.10. Pure Storage had a net margin of 4.53% and a return on equity of 17.41%. The business had revenue of $763.77 million for the quarter, compared to analysts’ expectations of $756.59 million.

Insiders Place Their Bets

In other news, CRO Dan Fitzsimons sold 8,895 shares of the stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $50.67, for a total transaction of $450,709.65. Following the transaction, the executive now owns 94,446 shares of the company’s stock, valued at approximately $4,785,578.82. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Pure Storage news, insider John Colgrove sold 100,000 shares of the stock in a transaction on Thursday, September 19th. The shares were sold at an average price of $49.94, for a total value of $4,994,000.00. Following the completion of the sale, the insider now directly owns 500,000 shares of the company’s stock, valued at approximately $24,970,000. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CRO Dan Fitzsimons sold 8,895 shares of the business’s stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $50.67, for a total value of $450,709.65. Following the transaction, the executive now owns 94,446 shares in the company, valued at $4,785,578.82. The disclosure for this sale can be found here. Insiders sold 433,072 shares of company stock valued at $24,307,792 over the last ninety days. Corporate insiders own 6.00% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of PSTG. Massmutual Trust Co. FSB ADV grew its holdings in shares of Pure Storage by 61.2% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 424 shares of the technology company’s stock worth $27,000 after purchasing an additional 161 shares during the last quarter. Larson Financial Group LLC boosted its holdings in shares of Pure Storage by 242.9% in the 2nd quarter. Larson Financial Group LLC now owns 432 shares of the technology company’s stock worth $28,000 after acquiring an additional 306 shares in the last quarter. Banque Cantonale Vaudoise bought a new stake in Pure Storage during the 1st quarter worth approximately $25,000. FSC Wealth Advisors LLC acquired a new stake in Pure Storage during the 2nd quarter valued at $33,000. Finally, Fidelis Capital Partners LLC acquired a new position in Pure Storage in the first quarter worth $27,000. 83.42% of the stock is owned by institutional investors.

About Pure Storage

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.