PSTG Stock Recent News

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.

Pure Storage (PSTG) reported earnings 30 days ago. What's next for the stock?

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.

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.

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).

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.

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.

Pure Storage (PSTG -14.80%), a provider of all-flash data storage technologies and services, held its fourth-quarter and full-year fiscal 2025 earnings call on February 26, 2025. The company discussed its progress in transforming enterprise data architecture, growing adoption of its subscription services, and continued development of its hyperscaler and AI opportunities.

Pure Storage (PSTG -11.39%) stock is falling in Thursday's trading following the company's recent fourth-quarter report. The company's share price was down 10.9% as of 2:30 p.m.

PSTG's fiscal Q4 performance gains from healthy demand across its FlashArray and FlashBlade offerings and record renewals of Evergreen subscriptions.