Pure Storage Reports Significant Q4 Profit Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6 days ago
0mins
Should l Buy PSTG?
Source: NASDAQ.COM
- Profit Growth: Pure Storage's Q4 net income reached $100.25 million, translating to earnings per share of $0.29, a significant increase from last year's $42.43 million and $0.12 per share, indicating a strong enhancement in the company's profitability.
- Adjusted Earnings: Excluding items, Pure Storage reported adjusted earnings of $238.85 million, or $0.69 per share, showcasing sustained growth and improved profitability in its core business operations.
- Revenue Increase: The company's Q4 revenue rose 19.3% to $1.05 billion, compared to $879.84 million last year, reflecting robust market demand that significantly boosted sales figures.
- Future Guidance: Pure Storage's revenue guidance for the next quarter is set between $0.99 billion and $1.01 billion, demonstrating the company's confidence in future performance and its expectation to continue benefiting from growth trends in the data storage market.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy PSTG?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on PSTG
Wall Street analysts forecast PSTG stock price to rise
20 Analyst Rating
14 Buy
5 Hold
1 Sell
Moderate Buy
Current: 61.740
Low
60.00
Averages
97.37
High
120.00
Current: 61.740
Low
60.00
Averages
97.37
High
120.00
About PSTG
Pure Storage, Inc. is a data management and storage company. The Company is focused on delivering a disruptive data storage platform, which supports a range of structured and unstructured data at scale and across any data workloads in on premises, cloud and hosted environments and includes mission-critical production, test and development, analytics, disaster recovery, backup and restore, artificial intelligence (AI) and machine learning. Its integrated hardware systems include Evergreen Architecture, FlashArray, and FlashBlade. Its cloud-native storage includes Portworx by Pure Storage, Portworx Data Services, Cloud Block Store, Evergreen//One, and Evergreen//Flex. Its Pure Software includes Purity, Pure1, and Pure Fusion. Its Pure1 is a cloud-based data storage management plane, brings the convenience of cloud storage to on premises storage. The Company sells its products and subscription services using a direct sales force and its channel partners.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Odine Signs Strategic MOU with Everpure at MWC 2026
- Strategic Cooperation Framework: Odine and Everpure signed a strategic MOU at MWC 2026 to explore opportunities in AI infrastructure, high-performance computing, and large-scale data management projects, enhancing collaboration in both public and private sectors.
- Integration Advantage: This partnership combines Everpure's modern software-defined architectures with Odine's robust integration capabilities, aiming to translate strategic intent into scalable projects that enhance enterprise competitiveness in digital transformation.
- Pathway for Future Agreements: The MOU lays the groundwork for future definitive agreements, allowing both parties to deepen collaboration as identified opportunities mature and commercial alignment is achieved, driving the development of digital infrastructures.
- Regional Technology Ecosystem: This collaboration not only strengthens Odine's position in the international technology ecosystem but also reflects a shared vision to build resilient, high-performance digital infrastructures across Türkiye and the broader EMEA region.
See More
Odine Signs Strategic MOU with Everpure at Mobile World Congress
- Strategic Cooperation Framework: Odine and Everpure signed a strategic MOU at the 2026 Mobile World Congress to jointly explore opportunities in AI infrastructure, high-performance computing, and large-scale data management projects, enhancing collaboration in both public and private sectors.
- Integration Advantage: This partnership combines Everpure's modern software-defined architecture with Odine's robust integration capabilities, ensuring that strategic intents can be translated into scalable, actionable projects, thereby enhancing competitiveness in digital transformation.
- Pathway for Future Agreements: The MOU lays the groundwork for future definitive agreements, allowing for deeper collaboration as identified opportunities mature and commercial alignment is achieved, facilitating the development of digital infrastructures.
- Regional Technology Ecosystem: This collaboration not only strengthens Odine's position in the international technology ecosystem but also reflects a shared vision to build resilient, high-performance digital infrastructures across Türkiye and the broader EMEA region.
See More
AI Infrastructure Surge Drives Memory Chip Demand
- Supply-Demand Imbalance: The unprecedented demand for AI infrastructure has led to a severe shortage of memory chips, resulting in Sandisk's stock price soaring 1,290% over the past year, while Everpure faces challenges due to its heavy reliance on NAND flash memory purchases.
- Analyst Rating Discrepancy: Despite Sandisk's median target price of $725 suggesting a 12% upside, Everpure's target price of $90 implies a 36% upside, indicating that analysts generally view Everpure as the more attractive investment option.
- Profitability Comparison: Sandisk reported a staggering 404% earnings increase in Q1 2023, but its lack of competitive moat raises concerns about a potential stock price drop once supply exceeds demand; in contrast, Everpure anticipates an 18% revenue growth in fiscal 2027, showcasing stronger profitability potential.
- Market Outlook: Everpure's DirectFlash modules offer significant advantages in storage density and power consumption, and its architecture supports seamless upgrades, positioning the company to continue gaining market share, especially with potential stock price increases following NAND price stabilization.
See More
Stock Outlook for Sandisk and Everpure
- Market Expectations: Wall Street consensus estimates imply a 12% upside for Sandisk stock and a 36% upside for Everpure stock, reflecting differing investor outlooks on the future performance of the two companies.
- Supply-Demand Dynamics: The unprecedented supply shortage of memory chips due to surging demand for AI infrastructure has led to Sandisk's stock price soaring 1,290% over the past year, while Everpure faces raw material cost pressures that could impact its profitability.
- Financial Performance: Everpure achieved a 16% revenue increase in fiscal 2026 to $3.6 billion, with non-GAAP operating income rising 14% to $635 million, showing resilience despite rising NAND prices and increased R&D spending, as operating margins contracted only modestly.
- Future Outlook: Everpure expects revenue growth to accelerate to 18% and adjusted operating income growth to reach 25% in fiscal 2027, indicating that once NAND prices stabilize, Everpure is poised to exceed market expectations, potentially driving significant stock price gains.
See More
Worst Performing Large-Cap Stocks Last Week
- Novo Nordisk Decline: Novo Nordisk (NYSE:NVO) fell 6.59% this week after announcing disappointing topline results from a Chinese Phase 2 trial of UBT251, alongside reports of planned price cuts for Ozempic and Wegovy, which could negatively impact future sales performance.
- First Solar Earnings Miss: First Solar, Inc. saw an 18.59% drop this week due to worse-than-expected Q4 EPS results and FY26 sales guidance falling below estimates, prompting multiple analysts to lower their price targets, reflecting concerns over the company's growth prospects.
- Zoom's Mixed Results: Zoom Communications, Inc. (NASDAQ:ZM) declined 17.38% this week after reporting mixed Q4 financial results and issuing Q1 and FY27 adjusted EPS guidance below estimates, indicating challenges in a competitive market.
- Donaldson's Performance Drop: Donaldson Company, Inc. (NYSE:DCI) fell 13.28% this week after reporting disappointing Q2 financial results and cutting its FY26 adjusted EPS guidance, which may undermine investor confidence.
See More
Shift to Paid Cloud Storage Sparks Consumer Frustration
- Rising Storage Costs: As companies like Snap and Google Photos phase out unlimited free storage, users are facing significant increases in storage fees, with Google Cloud's 200GB plan rising from $2.99 to $4.99 per month, heightening sensitivity to storage costs and impacting consumer spending decisions.
- Surge in User Complaints: Data from PissedConsumer.com indicates a continuous rise in consumer complaints regarding cloud storage issues in 2023, with many users feeling compelled to pay to retain access to personal files, highlighting a pressing demand for transparency and service quality in the market.
- Emotional Impact Intensifies: Experts note that users' emotional attachment to personal data makes the shift to paid cloud storage feel more painful, as many worry about losing their digital history, which affects their satisfaction and loyalty towards these services.
- Shifting Market Dynamics: The monetization of cloud storage services is altering consumer habits, with traditional photo storage methods being replaced by digital solutions, leading to a decline in related industries while simultaneously creating growth opportunities for emerging services.
See More
Odine Signs Strategic MOU with Everpure at MWC 2026
- Strategic Cooperation Framework: Odine and Everpure signed a strategic MOU at MWC 2026 to explore opportunities in AI infrastructure, high-performance computing, and large-scale data management projects, enhancing collaboration in both public and private sectors.
- Integration Advantage: This partnership combines Everpure's modern software-defined architectures with Odine's robust integration capabilities, aiming to translate strategic intent into scalable projects that enhance enterprise competitiveness in digital transformation.
- Pathway for Future Agreements: The MOU lays the groundwork for future definitive agreements, allowing both parties to deepen collaboration as identified opportunities mature and commercial alignment is achieved, driving the development of digital infrastructures.
- Regional Technology Ecosystem: This collaboration not only strengthens Odine's position in the international technology ecosystem but also reflects a shared vision to build resilient, high-performance digital infrastructures across Türkiye and the broader EMEA region.
See More
Odine Signs Strategic MOU with Everpure at Mobile World Congress
- Strategic Cooperation Framework: Odine and Everpure signed a strategic MOU at the 2026 Mobile World Congress to jointly explore opportunities in AI infrastructure, high-performance computing, and large-scale data management projects, enhancing collaboration in both public and private sectors.
- Integration Advantage: This partnership combines Everpure's modern software-defined architecture with Odine's robust integration capabilities, ensuring that strategic intents can be translated into scalable, actionable projects, thereby enhancing competitiveness in digital transformation.
- Pathway for Future Agreements: The MOU lays the groundwork for future definitive agreements, allowing for deeper collaboration as identified opportunities mature and commercial alignment is achieved, facilitating the development of digital infrastructures.
- Regional Technology Ecosystem: This collaboration not only strengthens Odine's position in the international technology ecosystem but also reflects a shared vision to build resilient, high-performance digital infrastructures across Türkiye and the broader EMEA region.
See More
AI Infrastructure Surge Drives Memory Chip Demand
- Supply-Demand Imbalance: The unprecedented demand for AI infrastructure has led to a severe shortage of memory chips, resulting in Sandisk's stock price soaring 1,290% over the past year, while Everpure faces challenges due to its heavy reliance on NAND flash memory purchases.
- Analyst Rating Discrepancy: Despite Sandisk's median target price of $725 suggesting a 12% upside, Everpure's target price of $90 implies a 36% upside, indicating that analysts generally view Everpure as the more attractive investment option.
- Profitability Comparison: Sandisk reported a staggering 404% earnings increase in Q1 2023, but its lack of competitive moat raises concerns about a potential stock price drop once supply exceeds demand; in contrast, Everpure anticipates an 18% revenue growth in fiscal 2027, showcasing stronger profitability potential.
- Market Outlook: Everpure's DirectFlash modules offer significant advantages in storage density and power consumption, and its architecture supports seamless upgrades, positioning the company to continue gaining market share, especially with potential stock price increases following NAND price stabilization.
See More
Stock Outlook for Sandisk and Everpure
- Market Expectations: Wall Street consensus estimates imply a 12% upside for Sandisk stock and a 36% upside for Everpure stock, reflecting differing investor outlooks on the future performance of the two companies.
- Supply-Demand Dynamics: The unprecedented supply shortage of memory chips due to surging demand for AI infrastructure has led to Sandisk's stock price soaring 1,290% over the past year, while Everpure faces raw material cost pressures that could impact its profitability.
- Financial Performance: Everpure achieved a 16% revenue increase in fiscal 2026 to $3.6 billion, with non-GAAP operating income rising 14% to $635 million, showing resilience despite rising NAND prices and increased R&D spending, as operating margins contracted only modestly.
- Future Outlook: Everpure expects revenue growth to accelerate to 18% and adjusted operating income growth to reach 25% in fiscal 2027, indicating that once NAND prices stabilize, Everpure is poised to exceed market expectations, potentially driving significant stock price gains.
See More
Worst Performing Large-Cap Stocks Last Week
- Novo Nordisk Decline: Novo Nordisk (NYSE:NVO) fell 6.59% this week after announcing disappointing topline results from a Chinese Phase 2 trial of UBT251, alongside reports of planned price cuts for Ozempic and Wegovy, which could negatively impact future sales performance.
- First Solar Earnings Miss: First Solar, Inc. saw an 18.59% drop this week due to worse-than-expected Q4 EPS results and FY26 sales guidance falling below estimates, prompting multiple analysts to lower their price targets, reflecting concerns over the company's growth prospects.
- Zoom's Mixed Results: Zoom Communications, Inc. (NASDAQ:ZM) declined 17.38% this week after reporting mixed Q4 financial results and issuing Q1 and FY27 adjusted EPS guidance below estimates, indicating challenges in a competitive market.
- Donaldson's Performance Drop: Donaldson Company, Inc. (NYSE:DCI) fell 13.28% this week after reporting disappointing Q2 financial results and cutting its FY26 adjusted EPS guidance, which may undermine investor confidence.
See More
Shift to Paid Cloud Storage Sparks Consumer Frustration
- Rising Storage Costs: As companies like Snap and Google Photos phase out unlimited free storage, users are facing significant increases in storage fees, with Google Cloud's 200GB plan rising from $2.99 to $4.99 per month, heightening sensitivity to storage costs and impacting consumer spending decisions.
- Surge in User Complaints: Data from PissedConsumer.com indicates a continuous rise in consumer complaints regarding cloud storage issues in 2023, with many users feeling compelled to pay to retain access to personal files, highlighting a pressing demand for transparency and service quality in the market.
- Emotional Impact Intensifies: Experts note that users' emotional attachment to personal data makes the shift to paid cloud storage feel more painful, as many worry about losing their digital history, which affects their satisfaction and loyalty towards these services.
- Shifting Market Dynamics: The monetization of cloud storage services is altering consumer habits, with traditional photo storage methods being replaced by digital solutions, leading to a decline in related industries while simultaneously creating growth opportunities for emerging services.
See More
