Pure Storage Stock To $50?

PSTG: Pure Storage logo
PSTG
Pure Storage

Pure Storage (PSTG) stock has fallen by 25.6% in less than a month, from $97.01 on 5th Nov, 2025 to $72.20 now. What comes next? We think that the stock could fall even more. The current correction, when put in context of our Unattractive opinion of the stock, suggest possibility of further downside. A price of $50 is not out of question, especially considering that the stock has seen this level in the last 5 years. Read Buy or Sell Pure Storage Stock to see how we arrive at this opinion.

So should you wait before buying this dip? Perhaps. There is no perfect way to time the dips. Nevertheless, here is another perspective on PSTG stock to help you make the decision. Historically, the median return for the 12-month period following sharp dips was 11%, with median peak return reaching 44%. We define sharp dip as stock going down 30% or more, in less than 30 day period.

Below, we get into details of historical dips and subsequent returns.

 
Historical Median Returns Post Dips
 

Relevant Articles
  1. Better Value & Growth: ABNB, BKNG Lead Hyatt Hotels Stock
  2. Analog Devices Stock To $195?
  3. Stronger Bet Than Targa Resources Stock: OKE Delivers More
  4. LRCX, AMAT Look Smarter Buy Than Entegris Stock
  5. GE Aerospace Stock Surged 60%, Here’s Why
  6. How UiPath Stock Gained 60%

Period Past Median Return
1M 7.6%
3M 16.8%
6M 21.7%
12M 11.1%

 
Historical Dip-Wise Details
 
PSTG had 8 events since 1/1/2010 where the dip threshold of -30% within 30 days was triggered

  • 44% median peak return within 1 year of dip event
  • 170 days is the median time to peak return after a dip event
  • -24% median max drawdown within 1 year of dip event

30 Day Dip PSTG Subsequent Performance
Date PSTG SPY 1Y Peak
Return
Max
Drop
# Days
to Peak
Median     11% 44% -24% 170
3062025 -32% -6% 41% 102% -24% 239
5112022 -31% -15% -6% 29% -10% 280
3122020 -39% -24% 93% 149% -25% 337
5222019 -33% -1% 3% 32% -43% 180
12212018 -32% -14% 13% 56% -13% 103
10262018 -32% -8% 1% 22% -32% 159
6172016 -31% 1% 38% 53% -4% 111
11252015 -34% 5% 9% 35% -25% 21

 
Pure Storage Passes Basic Financial Quality Checks

Revenue growth, profitability, cash flow, and balance sheet strength need to be evaluated to reduce the risk of a dip being the sign of a deteriorating business situation.

Quality Metrics Value Quality Check
Revenue Growth (LTM) 11.3% Pass
Revenue Growth (3-Yr Avg) 9.7% Pass
Operating Cash Flow Margin (LTM) 23.9% Pass
Leverage (see below) Pass
=> Interest Coverage Ratio 28.5  
=> Cash To Interest Expense Ratio 231.9  

Not sure if you can take a call on PSTG stock? Consider portfolio approach

A Multi Asset Portfolio Beats Picking Stocks Alone

Stocks can jump or crash but different assets move on different cycles. A multi asset portfolio helps you stay invested while cushioning swings in equities.

The asset allocation framework of Trefis’ Boston-based, wealth management partner yielded positive returns during the 2008-09 period when the S&P lost more than 40%. Our partner’ strategy now includes Trefis High Quality Portfolio, which has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices