Tearsheet

Everpure (PSTG)


Market Price (5/8/2026): $76.45 | Market Cap: $25.3 Bil
Sector: Information Technology | Industry: Technology Hardware, Storage & Peripherals

Everpure (PSTG)


Market Price (5/8/2026): $76.45
Market Cap: $25.3 Bil
Sector: Information Technology
Industry: Technology Hardware, Storage & Peripherals

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 24%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 17%

Megatrend and thematic drivers
Megatrends include Artificial Intelligence, and Cloud Computing. Themes include Data Centers & Infrastructure, Infrastructure as a Service (IaaS), Show more.

Weak multi-year price returns
2Y Excs Rtn is -13%

Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 98x, P/EPrice/Earnings or Price/(Net Income) is 119x

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 13%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.3%

Key risks
PSTG key risks include [1] declining operating margins as rising R&D and sales expenses outpace revenue growth, Show more.

0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 24%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 17%
1 Megatrend and thematic drivers
Megatrends include Artificial Intelligence, and Cloud Computing. Themes include Data Centers & Infrastructure, Infrastructure as a Service (IaaS), Show more.
2 Weak multi-year price returns
2Y Excs Rtn is -13%
3 Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 98x, P/EPrice/Earnings or Price/(Net Income) is 119x
4 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 13%
5 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.3%
6 Key risks
PSTG key risks include [1] declining operating margins as rising R&D and sales expenses outpace revenue growth, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Everpure (PSTG) stock has lost about 5% since 1/31/2026 because of the following key factors:

1. Downward Revisions in Analyst Price Targets and Cautious Outlooks. Despite Everpure (PSTG) reporting strong fiscal Q4 2026 earnings on February 25, 2026, beating revenue estimates by 2.5% with $1.06 billion and non-GAAP EPS by 7% with $0.69, some analyst sentiment shifted negatively, contributing to the stock's decline. For example, Trefis issued an "Unattractive" opinion on March 11, 2026, suggesting a potential fall to $44 after the stock had already dropped 19.7% in less than a month, from $76.05 on February 11, 2026, to $61.04. JPMorgan Chase & Co. also cut its price target for Everpure from $105.00 to $80.00 on April 16, 2026. Overall, the average price target from analysts was revised downward by 4.13% in the three months leading up to April 16, 2026.

2. Significant Insider Selling Activity by a Key Executive. A notable factor contributing to the stock's downward trend was substantial insider selling by John Colgrove, Chief Visionary Officer. Between April 21 and April 24, 2026, Colgrove engaged in multiple transactions totaling approximately $14.05 million in proceeds from selling PSTG shares. Specific transactions included selling 71,959 shares for over $5.04 million on April 23, 2026, and 82,266 shares for nearly $5.80 million on April 22, 2026. Such significant sales by a high-ranking insider can be interpreted negatively by the market, signaling potential concerns about future company performance.

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Stock Movement Drivers

Fundamental Drivers

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Market Drivers

1/31/2026 to 5/7/2026
ReturnCorrelation
PSTG-2.5% 
Market (SPY)3.6%62.0%
Sector (XLK)18.1%74.2%

Fundamental Drivers

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Market Drivers

10/31/2025 to 5/7/2026
ReturnCorrelation
PSTG-31.3% 
Market (SPY)5.5%47.8%
Sector (XLK)13.2%58.3%

Fundamental Drivers

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Market Drivers

4/30/2025 to 5/7/2026
ReturnCorrelation
PSTG49.5% 
Market (SPY)30.4%46.1%
Sector (XLK)62.6%55.4%

Fundamental Drivers

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Market Drivers

4/30/2023 to 5/7/2026
ReturnCorrelation
PSTG197.0% 
Market (SPY)78.7%52.0%
Sector (XLK)129.7%60.3%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
PSTG Return44%-18%33%72%9%1%200%
Peers Return33%-19%49%34%69%56%467%
S&P 500 Return27%-19%24%23%16%8%96%

Monthly Win Rates [3]
PSTG Win Rate58%42%42%50%67%50% 
Peers Win Rate63%42%62%63%60%68% 
S&P 500 Win Rate75%42%67%75%67%60% 

Max Drawdowns [4]
PSTG Max Drawdown-25%-31%-17%-2%-39%-15% 
Peers Max Drawdown-6%-32%-7%-5%-29%-13% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: NTAP, DELL, HPE, IBM, WDC. See PSTG Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/7/2026 (YTD)

How Low Can It Go

EventPSTGS&P 500
2025 US Tariff Shock
  % Loss-45.2%-18.8%
  % Gain to Breakeven82.6%23.1%
  Time to Breakeven146 days79 days
2024 Yen Carry Trade Unwind
  % Loss-22.1%-7.8%
  % Gain to Breakeven28.4%8.5%
  Time to Breakeven167 days18 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-17.9%-9.5%
  % Gain to Breakeven21.8%10.5%
  Time to Breakeven43 days24 days
2023 SVB Regional Banking Crisis
  % Loss-27.9%-6.7%
  % Gain to Breakeven38.7%7.1%
  Time to Breakeven28 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-30.2%-24.5%
  % Gain to Breakeven43.3%32.4%
  Time to Breakeven373 days427 days
2020 COVID-19 Crash
  % Loss-53.2%-33.7%
  % Gain to Breakeven113.5%50.9%
  Time to Breakeven246 days140 days

Compare to NTAP, DELL, HPE, IBM, WDC

In The Past

Everpure's stock fell -45.2% during the 2025 US Tariff Shock. Such a loss loss requires a 82.6% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventPSTGS&P 500
2025 US Tariff Shock
  % Loss-45.2%-18.8%
  % Gain to Breakeven82.6%23.1%
  Time to Breakeven146 days79 days
2024 Yen Carry Trade Unwind
  % Loss-22.1%-7.8%
  % Gain to Breakeven28.4%8.5%
  Time to Breakeven167 days18 days
2023 SVB Regional Banking Crisis
  % Loss-27.9%-6.7%
  % Gain to Breakeven38.7%7.1%
  Time to Breakeven28 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-30.2%-24.5%
  % Gain to Breakeven43.3%32.4%
  Time to Breakeven373 days427 days
2020 COVID-19 Crash
  % Loss-53.2%-33.7%
  % Gain to Breakeven113.5%50.9%
  Time to Breakeven246 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-42.5%-19.2%
  % Gain to Breakeven74.0%23.7%
  Time to Breakeven772 days105 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-31.4%-3.7%
  % Gain to Breakeven45.7%3.9%
  Time to Breakeven130 days6 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-27.3%-12.2%
  % Gain to Breakeven37.5%13.9%
  Time to Breakeven594 days62 days
2014-2016 Oil Price Collapse
  % Loss-27.3%-6.8%
  % Gain to Breakeven37.5%7.3%
  Time to Breakeven594 days15 days

Compare to NTAP, DELL, HPE, IBM, WDC

In The Past

Everpure's stock fell -45.2% during the 2025 US Tariff Shock. Such a loss loss requires a 82.6% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Everpure (PSTG)

Pure Storage, Inc. provides data storage technologies, products, and services in the United States and internationally. The company's Purity software is shared across its products and provides enterprise-class data services, such as data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. Its products portfolio includes FlashArray for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; FlashArray//XL; and FlashArray//C, an all-QLC flash array. The company also provides FlashBlade, a solution for unstructured data workloads of various types; FlashStack that combines compute, network, and storage to provide an infrastructure platform; FlashRecover, an all-flash modern data-protection solution; and AIRI, a full-stack AI-ready infrastructure. In addition, it offers evergreen storage subscription, Pure as-a-Service, and Cloud Block Store, as well as Portworx a cloud-native Kubernetes data management solution It also offers technical and professional, training and education, and certification services. The company sells its products and subscription services through direct sales force and channel partners. The company was formerly known as OS76, Inc. and changed its name to Pure Storage, Inc. in January 2010. Pure Storage, Inc. was incorporated in 2009 and is headquartered in Mountain View, California.

AI Analysis | Feedback

1. Pure Storage is like Dell EMC for modern, all-flash data infrastructure.

2. Pure Storage is like NetApp, but focused on cloud-native data management and high-performance flash storage.

AI Analysis | Feedback

* FlashArray: Provides block-oriented storage for traditional workloads like databases and virtual machines, including high-performance (XL) and cost-optimized (C) variants. * FlashBlade: A unified fast file and object storage platform designed for unstructured data workloads. * FlashStack: A converged infrastructure solution that combines compute, network, and storage components. * FlashRecover: An all-flash data protection solution for modern recovery needs. * AIRI: A full-stack, AI-ready infrastructure solution optimized for artificial intelligence workloads. * Portworx: A cloud-native Kubernetes data management solution for containerized applications. * Purity Software: The core software providing enterprise data services like data reduction, protection, and encryption across Pure Storage products. * Evergreen Storage Subscription: A subscription model offering non-disruptive upgrades and continuous innovation for storage ownership. * Pure as-a-Service: A comprehensive, consumption-based storage-as-a-service offering. * Cloud Block Store: Delivers enterprise-grade block storage for applications running in public cloud environments. * Professional Services: Encompasses technical, professional, training, education, and certification services to support customers.

AI Analysis | Feedback

Pure Storage, Inc. (PSTG) sells its data storage technologies, products, and services primarily to other companies (a business-to-business model).

The company's offerings, such as FlashArray, FlashBlade, FlashStack, and Portworx, are designed for enterprise-class data services. They serve the data storage and management needs of businesses across various industries for workloads including databases, applications, virtual machines, unstructured data, and AI-ready infrastructure.

The provided background information does not list the names of specific major customer companies.

AI Analysis | Feedback

Suppliers:

  • SK hynix (000660.KS)
  • Kioxia Corporation
  • Sanmina Corporation (SANM)

AI Analysis | Feedback

Charles Giancarlo, Chairman and Chief Executive Officer

Charles Giancarlo has served as the Chairman and Chief Executive Officer of Pure Storage since August 2017. He is an American entrepreneur and investor with four decades of experience in the technology industry. Prior to Pure Storage, he was a Managing Director and Head of Value Creation at Silver Lake Partners from 2008 to 2013, where he co-led the acquisition of Skype from eBay and served as Executive Chairman during its eventual sale to Microsoft. He also served as interim CEO of Avaya. Before Silver Lake, Giancarlo spent 15 years at Cisco Systems, culminating in his role as Executive Vice President, CTO, and Chief Development Officer, where he led product development and product management activities. He co-founded Telecom Systems in 1984 and Adaptive Corporation in 1988. He currently serves on the boards of Arista Networks and Zscaler.

Tarek Robbiati, Chief Financial Officer

Tarek Robbiati was appointed Chief Financial Officer of Pure Storage, effective June 24, 2025. He brings over 25 years of financial and leadership experience in the global technology sector. Prior to joining Pure Storage, he served as CEO of RingCentral from August 2023 to December 2023. From September 2018 to August 2023, Robbiati was the CFO of Hewlett Packard Enterprise Company (HPE), where he focused on improving gross margins, operating profit margins, and free cash flow, and transitioning the company into an "everything-as-a-service" business. Before HPE, he served as CFO at Sprint Corporation from August 2015 to February 2018, leading turnaround efforts. His career also includes leadership positions at Telstra Corporation, Orange Plc, Atradius, Lehman Brothers, and Andersen Consulting (now Accenture).

John "Coz" Colgrove, Founder and Chief Visionary Officer

John "Coz" Colgrove co-founded Pure Storage in October 2009 and currently serves as the Chief Visionary Officer. Before co-founding Pure Storage, he was a top engineer at Veritas Software.

Ajay Singh, Chief Product Officer

Ajay Singh is the Chief Product Officer at Pure Storage, responsible for overseeing the company's product strategy and development. He has held leadership roles at other prominent technology companies, including VMware, Hewlett-Packard, and BMC Software, bringing extensive expertise in engineering and business management.

Patrick Finn, Chief Revenue Officer

Patrick Finn was appointed Chief Revenue Officer for Pure Storage, effective November 4, 2025, where he leads global sales and channels. He has over three decades of sales and leadership experience in both private and public sectors, having most recently served as Vice President of Americas sales at Cloudflare. His previous senior sales leadership positions include roles at Fortune 500 companies such as Cisco, Pepsi-Cola, and IBM.

AI Analysis | Feedback

The key risks to Pure Storage, Inc.'s business (PSTG) include:

  1. Intense Competition: Pure Storage operates in a highly competitive market against established players such as Dell EMC, Hewlett Packard Enterprise, IBM, and NetApp, as well as emerging competitors and cloud hyperscalers. These rivals often possess greater financial resources and existing customer relationships, which can lead to aggressive pricing strategies and bundled offerings, potentially hindering Pure Storage's market share and growth prospects.
  2. Rapidly Evolving Technology and Market Shifts: The data storage industry is characterized by continuous technological advancements, including the integration of AI, cloud-native features, and advanced data services. Pure Storage faces the risk of needing to constantly innovate and adapt its product portfolio to meet these evolving demands, particularly in the areas of cloud and AI infrastructure spend. Failure to keep pace or effectively capitalize on these shifts, or an inability to successfully transition to new consumption models like storage-as-a-service, could negatively impact its competitive position and revenue.
  3. Supply Chain and Geopolitical Risks: Pure Storage relies on a limited number of contract manufacturers for product assembly, which exposes the company to risks related to quality control, supply chain disruptions, and cost fluctuations. Furthermore, geopolitical tensions and changes in trade policies or tariffs could exacerbate these vulnerabilities, potentially disrupting supply chains, increasing operational costs, and impacting the company's ability to meet customer demand.

AI Analysis | Feedback

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AI Analysis | Feedback

Here are the addressable market sizes for Pure Storage's main products and services:

All-Flash Array Market

The global all-flash array market was estimated at USD 23.38 billion in 2025 and is projected to grow to USD 65.09 billion by 2031, at a Compound Annual Growth Rate (CAGR) of 18.62%. Another estimate places the global market at USD 31.6 billion in 2025, with a projection to reach USD 132.2 billion by 2035, exhibiting a CAGR of 15.4%. In 2023, the market was valued at USD 14.59 billion and is expected to reach USD 74.62 billion by 2032, growing at a CAGR of 19.93%. In terms of regional share, North America commanded 38.24% of the all-flash array market revenue in 2025. The U.S. all-flash array market alone was valued at USD 4.18 billion in 2023 and is expanding at a 19.6% CAGR. Pure Storage holds approximately 12% market share in the global all-flash array market and is a top-five vendor. The company is also recognized as the number two vendor of all-flash systems in the enterprise market, with a 21.1% market share in Q1 2024.

Storage-as-a-Service (STaaS) Market

The global storage as a service market was estimated at USD 40.34 billion in 2024 and is projected to reach USD 186.48 billion by 2033, growing at a CAGR of 18.6% from 2025 to 2033. Other estimates indicate the market size was USD 79.84 billion in 2024, with a projection to grow to USD 480.48 billion by 2035, at a CAGR of 17.72%. Another report valued the global market at USD 55.94 billion in 2024, poised to increase to USD 549.56 billion by 2033, at a CAGR of 28.9%. North America dominated the storage as a service market with the largest revenue share of 38.2% in 2024. It is considered the largest market, holding approximately 45% of the global market share.

AI Analysis | Feedback

Here are 3-5 expected drivers of future revenue growth for Everpure (PSTG) over the next 2-3 years:

  1. Growth in Subscription Services: Pure Storage continues to see strong momentum in its subscription services, including Evergreen//One and Pure as-a-Service, which are transitioning the company to a recurring revenue model. Annual Recurring Revenue (ARR) has shown consistent growth, and remaining performance obligations (RPO) are surging, providing strong visibility into future revenue streams.
  2. Expansion into the Hyperscaler Market: The company has secured a significant "design win with a top 4 hyperscaler" and anticipates substantial revenue contributions from these initiatives by fiscal year 2027. Early field trials are expected in fiscal year 2026, with large-scale production deployments projected for calendar year 2026 (corresponding to fiscal year 2027).
  3. Increasing Demand for AI-Ready Storage Solutions: Pure Storage is well-positioned to capitalize on the booming demand for AI-ready storage infrastructure. Its FlashBlade platform, designed for unstructured data and AI workloads, is central to this strategy. New offerings like FlashBlade//EXA for AI and HPC workloads, along with increased demand for its Portworx solution in containerized applications driven by AI analytics, are expected to fuel growth.
  4. New Product Innovations and Portfolio Expansion: The introduction of advanced products and technologies, such as the 150-terabyte and upcoming 300-terabyte DirectFlash modules, and the launch of Fusion v2, are expected to revolutionize enterprise data management. Strong sales performance across existing offerings, particularly FlashArray//E and FlashArray//C, also continues to contribute to revenue growth.

AI Analysis | Feedback

Share Repurchases

  • In December 2025, Pure Storage's board of directors authorized an incremental share repurchase of up to an additional $400 million, bringing the total remaining authorization to approximately $420 million, including about $20 million left from a prior program announced in February 2025.
  • A $250 million share repurchase program was announced in February 2025.
  • Pure Storage completed a US$390 million share buyback in August 2025.

Outbound Investments

  • In November 2024, Pure Storage made a strategic investment in CoreWeave to accelerate AI cloud services innovation, coupled with a strategic partnership to integrate the Pure Storage platform into CoreWeave Cloud.
  • Pure Storage announced its intent to acquire 1touch.io, a data intelligence platform for sensitive data discovery and management, in February 2026.

Capital Expenditures

  • Pure Storage's capital expenditures were $195.2 million in fiscal year 2024 and are projected to be $226.7 million for fiscal year 2025.
  • Forecasted capital expenditures for upcoming years include $266.5 million for fiscal year 2026, $303.1 million for 2027, and $338.9 million for 2028.
  • The company's investments are focused on technology innovation, research and development, and expanding into AI-related storage solutions, hyperscaler opportunities, and the Enterprise Data Cloud approach.

Better Bets vs. Everpure (PSTG)

Trade Ideas

Select ideas related to PSTG.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
PLTR_4302026_Monopoly_xInd_xCD_Getting_Cheaper04302026PLTRPalantir TechnologiesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
0.0%0.0%0.0%
ADSK_4102026_Dip_Buyer_FCFYield04102026ADSKAutodeskDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
8.5%8.5%0.0%
BSY_4102026_Dip_Buyer_FCFYield04102026BSYBentley SystemsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
4.2%4.2%0.0%
ENPH_4102026_Dip_Buyer_ValueBuy04102026ENPHEnphase EnergyDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
5.7%5.7%0.0%
BL_4102026_Dip_Buyer_High_CFO_Margins_ExInd_DE04102026BLBlackLineDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
3.2%3.2%-3.0%
PSTG_3312025_Monopoly_xInd_xCD_Getting_Cheaper03312025PSTGEverpureMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
87.3%33.4%-16.0%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

PSTGNTAPDELLHPEIBMWDCMedian
NameEverpure NetApp Dell Tec.Hewlett .Internat.Western . 
Mkt Price-113.00230.2729.70229.62463.91229.62
Mkt Cap22.422.4152.039.6215.5158.795.8
Rev LTM3,6636,709113,53835,74368,91211,77723,760
Op Inc LTM1151,5588,2511,71712,9463,6742,696
FCF LTM6161,6098,5522,15412,2582,9052,530
FCF 3Y Avg5421,3445,4472,14412,2698471,744
CFO LTM8801,79211,1854,48713,9923,2863,886
CFO 3Y Avg7701,5148,1274,56513,9881,2903,040

Growth & Margins

PSTGNTAPDELLHPEIBMWDCMedian
NameEverpure NetApp Dell Tec.Hewlett .Internat.Western . 
Rev Chg LTM15.6%3.1%18.8%14.5%9.7%32.0%15.0%
Rev Chg 3Y Avg10.1%1.3%4.4%7.1%4.5%25.5%5.8%
Rev Chg Q20.4%4.4%39.5%18.4%9.5%45.5%19.4%
QoQ Delta Rev Chg LTM5.1%1.1%9.1%4.2%2.0%9.7%4.7%
Op Inc Chg LTM13.5%11.4%29.2%-29.0%26.0%116.8%19.7%
Op Inc Chg 3Y Avg11.3%11.1%13.2%-8.9%15.6%-39.4%11.2%
Op Mgn LTM3.1%23.2%7.3%4.8%18.8%31.2%13.0%
Op Mgn 3Y Avg3.1%21.5%6.9%6.9%16.8%12.7%9.8%
QoQ Delta Op Mgn LTM1.1%0.6%0.2%0.0%0.3%3.3%0.5%
CFO/Rev LTM24.0%26.7%9.9%12.6%20.3%27.9%22.2%
CFO/Rev 3Y Avg23.9%23.3%8.1%14.7%21.7%8.3%18.2%
FCF/Rev LTM16.8%24.0%7.5%6.0%17.8%24.7%17.3%
FCF/Rev 3Y Avg16.8%20.7%5.4%6.9%19.0%1.6%11.9%

Valuation

PSTGNTAPDELLHPEIBMWDCMedian
NameEverpure NetApp Dell Tec.Hewlett .Internat.Western . 
Mkt Cap22.422.4152.039.6215.5158.795.8
P/S6.13.31.31.13.113.53.2
P/Op Inc195.114.418.423.116.643.220.7
P/EBIT98.414.117.223.117.221.919.6
P/E119.118.525.6-335.820.024.522.3
P/CFO25.512.513.68.815.448.314.5
Total Yield0.8%7.3%4.9%1.5%7.9%4.2%4.5%
Dividend Yield0.0%1.9%1.0%1.8%2.9%0.1%1.4%
FCF Yield 3Y Avg3.2%6.4%7.8%8.2%5.9%1.2%6.2%
D/E0.00.10.20.50.30.00.2
Net D/E-0.1-0.00.10.40.3-0.00.1

Returns

PSTGNTAPDELLHPEIBMWDCMedian
NameEverpure NetApp Dell Tec.Hewlett .Internat.Western . 
1M Rtn9.5%15.8%29.6%20.6%-6.3%48.7%18.2%
3M Rtn5.5%14.0%99.6%31.6%-20.3%78.4%22.8%
6M Rtn-27.2%0.3%55.0%28.5%-25.7%183.9%14.4%
12M Rtn42.3%23.8%143.3%83.9%-7.1%951.7%63.1%
3Y Rtn198.0%87.9%426.2%127.1%106.3%1,723.0%162.6%
1M Excs Rtn0.7%5.4%16.0%10.7%-13.2%28.8%8.1%
3M Excs Rtn-2.4%6.1%91.6%23.7%-28.3%70.5%14.9%
6M Excs Rtn-37.1%-7.7%41.2%19.3%-31.2%196.9%5.8%
12M Excs Rtn11.6%-6.0%117.2%53.8%-36.4%921.1%32.7%
3Y Excs Rtn123.2%15.1%362.9%48.1%25.3%1,683.6%85.7%

Financials

Segment Financials

Revenue by Segment
$ Mil20262025202420232022
Product revenue1,6231,7921,4421,1441,239
Subscription services revenue1,208961739540405
Total2,8312,7532,1811,6841,643


Price Behavior

Price Behavior
Market Price$67.80 
Market Cap ($ Bil)22.4 
First Trading Date10/07/2015 
Distance from 52W High-31.3% 
   50 Days200 Days
DMA Price$65.28$72.12
DMA Trendupdown
Distance from DMA3.9%-6.0%
 3M1YR
Volatility61.7%64.7%
Downside Capture278.02269.75
Upside Capture256.07236.60
Correlation (SPY)59.2%45.4%
PSTG Betas & Captures as of 4/30/2026

 1M2M3M6M1Y3Y
Beta0.571.362.232.302.291.91
Up Beta0.420.411.081.571.691.53
Down Beta1.672.362.772.882.661.95
Up Capture119%157%258%205%430%2143%
Bmk +ve Days15223166141428
Stock +ve Days10212959129406
Down Capture-96%152%245%213%174%112%
Bmk -ve Days4183056108321
Stock -ve Days2122556111335

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PSTG
PSTG42.4%64.7%0.84-
Sector ETF (XLK)60.0%20.6%2.1855.3%
Equity (SPY)29.6%12.5%1.8646.1%
Gold (GLD)37.0%27.1%1.146.9%
Commodities (DBC)48.7%18.0%2.124.0%
Real Estate (VNQ)12.9%13.5%0.654.9%
Bitcoin (BTCUSD)-16.3%42.1%-0.3131.1%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PSTG
PSTG27.3%51.5%0.66-
Sector ETF (XLK)20.4%24.8%0.7358.6%
Equity (SPY)12.8%17.1%0.5952.0%
Gold (GLD)21.1%17.9%0.968.6%
Commodities (DBC)14.1%19.1%0.6012.3%
Real Estate (VNQ)3.3%18.8%0.0827.3%
Bitcoin (BTCUSD)7.0%56.0%0.3423.1%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PSTG
PSTG16.8%50.7%0.51-
Sector ETF (XLK)24.4%24.4%0.9157.6%
Equity (SPY)15.0%17.9%0.7253.5%
Gold (GLD)13.5%16.0%0.706.4%
Commodities (DBC)9.4%17.8%0.4417.4%
Real Estate (VNQ)5.7%20.7%0.2433.1%
Bitcoin (BTCUSD)68.2%66.9%1.0715.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date4152026
Short Interest: Shares Quantity6.7 Mil
Short Interest: % Change Since 3312026-32.2%
Average Daily Volume2.6 Mil
Days-to-Cover Short Interest2.6 days
Basic Shares Quantity330.5 Mil
Short % of Basic Shares2.0%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
2/25/2026-10.3%-16.6%-15.7%
12/2/2025-27.3%-25.9%-26.5%
8/27/202532.3%29.4%35.4%
5/28/2025-2.7%-0.8%0.5%
2/26/2025-14.8%-16.4%-22.4%
12/3/202422.1%12.6%20.0%
8/28/2024-15.8%-21.5%-17.3%
5/29/20240.4%0.8%1.9%
...
SUMMARY STATS   
# Positive131313
# Negative111111
Median Positive12.8%12.6%20.0%
Median Negative-10.3%-15.0%-14.0%
Max Positive32.3%35.2%35.4%
Max Negative-27.3%-25.9%-26.5%

SEC Filings

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Report DateFiling DateFiling
01/31/202603/25/202610-K
10/31/202512/10/202510-Q
07/31/202509/10/202510-Q
04/30/202506/11/202510-Q
01/31/202503/27/202510-K
10/31/202412/12/202410-Q
07/31/202409/11/202410-Q
04/30/202406/13/202410-Q
01/31/202404/01/202410-K
10/31/202312/15/202310-Q
07/31/202309/14/202310-Q
04/30/202306/16/202310-Q
01/31/202304/03/202310-K
10/31/202212/15/202210-Q
07/31/202209/15/202210-Q
04/30/202206/16/202210-Q

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Murphy, John Francis DirectSell106202668.894,038278,1781,079,369Form
2Singh, AjayChief Product OfficerDirectSell1223202567.147,178481,93114,441,210Form
3Colgrove, JohnChief Visionary OfficerCRTSell1209202571.31100,000  Form
4Colgrove, JohnChief Visionary OfficerCRTSell1112202591.59100,0009,158,9359,158,935Form
5Colgrove, JohnChief Visionary OfficerCRTSell1016202592.49100,0009,248,93118,497,863Form

Industry Resources

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