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Added to YB: 2026-03-02

Pitch date: 2026-02-26

PSTG [neutral]

Pure Storage, Inc.

+1.73%

current return

Author Info

No bio for this author

Company Info

Pure Storage, Inc. provides data storage and management technologies, products, and services in the United States and internationally.

Market Cap

$23.0B

Pitch Price

$63.13

Price Target

N/A

Dividend

N/A

EV/EBITDA

78.43

P/E

183.42

EV/Sales

6.23

Sector

Technology Hardware, Storage and Peripherals

Category

growth

Show full summary:
Everpure (Pure Storage) 4QFY26 Earnings: The Intelligence Layer Monetizes

PSTG (earnings): Q4 rev $1.06B (+20% YoY) beat $1.03B est; Q1 guide $1B vs $921M est. Enterprise RPO +40% to $3.67B (no hyperscaler), deals >$5M +80%. Hyperscaler ramp in H2 at 75-85% GM (selling intelligence layer, customers buy NAND direct). Q1 product margins trough 65-70% on NAND inflation but widens competitive gap. Bull: 2nd hyperscaler win, ARM-like model scales. Bear: NAND persists, Meta stays sole customer.

Read full article (8 min)