Pure Storage Stock Forecast for 2023 - 2025 - 2030

Updated on 04/26/2024

Stock Rating
6
Price Target
$57.00
Consensus
Outperform
Upside
7.65%
Analysts
0
Stock Rating
6
Upside
7.65%
Analysts
0
Price Target
$57.00

Pure Storage Stock Forecast and Price Target

If the average price target of $57.00 set by distinguished experts for Pure Storage over the past few weeks is reached this year, there would be a potential upside of approximately 7.65% from the last closing price in April, 2024. This potential increase is based on a high estimate of $66.00 and a low estimate of $40.00. If you are interested in PSTG stock, it is important to also consider its competitors.

$57.00

7.65% Upside

Outperform
Outperform

Pure Storage Fair Value Forecast for 2023 - 2025 - 2030

In the last five years, Pure Storage's Price has decreased from $14.74 to $0.00 – a 100.00% drop! For next year, analysts predict Fair Value of $94.66, which would mean an increase of 100.00%. Over the next six years, experts predict that Pure Storage's Fair Value will grow at a rate of 100.00%.

2025 Fair Value Forecast
$94.66
2026 Fair Value Forecast
$104.86
2027 Fair Value Forecast
$115.63
2028 Fair Value Forecast
$161.54
2029 Fair Value Forecast
$87.38
2030 Fair Value Forecast
$101.11
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INTC Stock Forecast Intel Hold 8
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DELL Stock Forecast Dell Technologies Outperform 8
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Pure Storage Revenue Forecast for 2023 - 2025 - 2030

In the last two years, Pure Storage's Revenue has grown by 29.79%, rising from $2.18B to $2.83B. For next year, analysts predict Revenue of $3.40B, which would mean an increase of 20.21%. Over the next six years, experts predict that Pure Storage's Revenue will grow at a rate of 123.12%.

2025 Rev Forecast
$3.40B
2026 Rev Forecast
$3.82B
2027 Rev Forecast
$4.47B
2028 Rev Forecast
$5.10B
2029 Rev Forecast
$5.72B
2030 Rev Forecast
$6.32B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
NTAP Stock Forecast NetApp Inc Hold 15
$101.33 Buy/Sell $90.38 3.62%
992 Stock Forecast Lenovo Group Outperform 16
HK$9.03 Buy/Sell HK$1.34 -84.83%
CTS Stock Forecast Converge Technology Solutions Outperform 13
C$5.50 Buy/Sell C$5.72 18.18%

Pure Storage Dividend per Share Forecast for 2023 - 2025 - 2030

2025 DPS Forecast
$0.00
2026 DPS Forecast
$0.00
2027 DPS Forecast
$0.00
2028 DPS Forecast
$0.00
2029 DPS Forecast
$0.00
2030 DPS Forecast
$0.00

Pure Storage Free Cash Flow Forecast for 2023 - 2025 - 2030

2025 FCF Forecast
$0.67B
2026 FCF Forecast
$1.25B
2027 FCF Forecast
$0.85B
2028 FCF Forecast
$1.07B
2029 FCF Forecast
$1.29B
2030 FCF Forecast
$1.52B

Pure Storage EBITDA Forecast for 2023 - 2025 - 2030

Pure Storage's EBITDA has seen impressive growth In the last two years, rising from $-15.25M to $211.58M – a growth of 1487.41%. In the next year, analysts believe that EBITDA will reach $714.99M – an increase of 237.93%. For the next six years, the forecast is for EBITDA to grow by 244.95%.

2025 EBITDA Forecast
$0.71B
2026 EBITDA Forecast
$0.83B
2027 EBITDA Forecast
$0.88B
2028 EBITDA Forecast
$0.62B
2029 EBITDA Forecast
$0.66B
2030 EBITDA Forecast
$0.73B

Pure Storage EBIT Forecast for 2023 - 2025 - 2030

In the last two years, Pure Storage's EBIT has grown by 188.58%, rising from $-98.40M to $87.16M. For the next year, analysts predict that EBIT will reach $575.31M – an increase of 560.06%. Over the next six years, experts believe that Pure Storage's EBIT will grow at a rate of 2069.57%.

2025 EBIT Forecast
$0.58B
2026 EBIT Forecast
$0.68B
2027 EBIT Forecast
$0.72B
2028 EBIT Forecast
$1.09B
2029 EBIT Forecast
$1.44B
2030 EBIT Forecast
$1.89B

Pure Storage EPS Price Prediction Forecast for 2023 - 2025 - 2030

In the last five years, Pure Storage's EPS has decreased from $0.26 to $0.00 – a 100.00% drop! For next year, analysts predict EPS of $1.67, which would mean an increase of 100.00%. Over the next six years, experts predict that Pure Storage's EPS will grow at a rate of 100.00%.

2025 EPS Forecast
$1.67
2026 EPS Forecast
$1.85
2027 EPS Forecast
$2.04
2028 EPS Forecast
$2.85
2029 EPS Forecast
$1.54
2030 EPS Forecast
$1.78