Pure Storage Stock Revenue
PSTG Stock | USD 49.46 2.36 4.55% |
Pure Storage fundamentals help investors to digest information that contributes to Pure Storage's financial success or failures. It also enables traders to predict the movement of Pure Stock. The fundamental analysis module provides a way to measure Pure Storage's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Pure Storage stock.
Last Reported | Projected for Next Year | ||
Total Revenue | 2.8 B | 1.5 B |
Pure | Revenue |
Pure Storage Company Revenue Analysis
Pure Storage's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Pure Storage Revenue | 2.83 B |
Most of Pure Storage's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Pure Storage is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of Pure
Projected quarterly revenue analysis of Pure Storage provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Pure Storage match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Pure Storage's stock price.
Pure Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for Pure Storage is extremely important. It helps to project a fair market value of Pure Stock properly, considering its historical fundamentals such as Revenue. Since Pure Storage's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Pure Storage's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Pure Storage's interrelated accounts and indicators.
0.89 | 0.88 | -0.56 | 0.62 | 0.6 | ||
0.89 | 1.0 | -0.76 | 0.79 | 0.78 | ||
0.88 | 1.0 | -0.75 | 0.78 | 0.77 | ||
-0.56 | -0.76 | -0.75 | -1.0 | -1.0 | ||
0.62 | 0.79 | 0.78 | -1.0 | 1.0 | ||
0.6 | 0.78 | 0.77 | -1.0 | 1.0 |
Click cells to compare fundamentals
Pure Revenue Historical Pattern
Today, most investors in Pure Storage Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Pure Storage's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Pure Storage revenue as a starting point in their analysis.
Pure Storage Revenue |
Timeline |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Competition |
Pure Current Deferred Revenue
Current Deferred Revenue |
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Based on the latest financial disclosure, Pure Storage reported 2.83 B of revenue. This is 30.55% lower than that of the Technology Hardware, Storage & Peripherals sector and significantly higher than that of the Information Technology industry. The revenue for all United States stocks is 70.0% higher than that of the company.
Pure Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pure Storage's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Pure Storage could also be used in its relative valuation, which is a method of valuing Pure Storage by comparing valuation metrics of similar companies.Pure Storage is currently under evaluation in revenue category among related companies.
Pure Storage Institutional Holders
Institutional Holdings refers to the ownership stake in Pure Storage that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Pure Storage's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Pure Storage's value.Shares | Geode Capital Management, Llc | 2023-12-31 | 4.4 M | Citadel Advisors Llc | 2023-09-30 | 4.3 M | Acadian Asset Management Llc | 2023-12-31 | 4.3 M | First Trust Advisors L.p. | 2023-12-31 | 4 M | Holocene Advisors, Lp | 2023-09-30 | 3.4 M | Two Sigma Advisers, Llc | 2023-12-31 | 3.4 M | Norges Bank | 2023-12-31 | 3.2 M | Goldman Sachs Group Inc | 2023-12-31 | 3 M | Polar Capital Holdings Plc | 2023-12-31 | 3 M | Fmr Inc | 2023-12-31 | 46.8 M | Vanguard Group Inc | 2023-12-31 | 31.3 M |
Pure Fundamentals
Return On Equity | 0.0555 | ||||
Return On Asset | 0.0151 | ||||
Profit Margin | 0.02 % | ||||
Operating Margin | 0.09 % | ||||
Current Valuation | 15.74 B | ||||
Shares Outstanding | 324.91 M | ||||
Shares Owned By Insiders | 5.53 % | ||||
Shares Owned By Institutions | 82.87 % | ||||
Number Of Shares Shorted | 8.2 M | ||||
Price To Earning | (13.39) X | ||||
Price To Book | 13.67 X | ||||
Price To Sales | 6.13 X | ||||
Revenue | 2.83 B | ||||
Gross Profit | 1.9 B | ||||
EBITDA | 211.58 M | ||||
Net Income | 61.31 M | ||||
Cash And Equivalents | 1.36 B | ||||
Cash Per Share | 4.56 X | ||||
Total Debt | 272.25 M | ||||
Debt To Equity | 0.99 % | ||||
Current Ratio | 1.33 X | ||||
Book Value Per Share | 3.98 X | ||||
Cash Flow From Operations | 677.72 M | ||||
Short Ratio | 1.70 X | ||||
Earnings Per Share | 0.19 X | ||||
Price To Earnings To Growth | 5.57 X | ||||
Target Price | 55.29 | ||||
Number Of Employees | 5.6 K | ||||
Beta | 1.15 | ||||
Market Capitalization | 16.84 B | ||||
Total Asset | 3.66 B | ||||
Retained Earnings | (1.48 B) | ||||
Working Capital | 1.13 B | ||||
Current Asset | 788.07 M | ||||
Current Liabilities | 184.53 M | ||||
Net Asset | 3.66 B |
About Pure Storage Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pure Storage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pure Storage using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pure Storage based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pure Storage Investors Sentiment
The influence of Pure Storage's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Pure. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Pure Storage's public news can be used to forecast risks associated with an investment in Pure. The trend in average sentiment can be used to explain how an investor holding Pure can time the market purely based on public headlines and social activities around Pure Storage. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Pure Storage's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Pure Storage's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Pure Storage's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Pure Storage.
Pure Storage Implied Volatility | 73.62 |
Pure Storage's implied volatility exposes the market's sentiment of Pure Storage stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Pure Storage's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Pure Storage stock will not fluctuate a lot when Pure Storage's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Pure Storage in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Pure Storage's short interest history, or implied volatility extrapolated from Pure Storage options trading.
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Check out Pure Storage Piotroski F Score and Pure Storage Altman Z Score analysis. For more detail on how to invest in Pure Stock please use our How to Invest in Pure Storage guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Pure Stock analysis
When running Pure Storage's price analysis, check to measure Pure Storage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pure Storage is operating at the current time. Most of Pure Storage's value examination focuses on studying past and present price action to predict the probability of Pure Storage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pure Storage's price. Additionally, you may evaluate how the addition of Pure Storage to your portfolios can decrease your overall portfolio volatility.
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Is Pure Storage's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pure Storage. If investors know Pure will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pure Storage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Earnings Share 0.19 | Revenue Per Share 9.077 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0151 |
The market value of Pure Storage is measured differently than its book value, which is the value of Pure that is recorded on the company's balance sheet. Investors also form their own opinion of Pure Storage's value that differs from its market value or its book value, called intrinsic value, which is Pure Storage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pure Storage's market value can be influenced by many factors that don't directly affect Pure Storage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pure Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pure Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pure Storage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.