Pure Storage (PSTG) Projected to Post Quarterly Earnings on Wednesday

Pure Storage (NYSE:PSTG) is expected to release its Q4 2026 results after the market closes on Wednesday, February 25th. Analysts expect the company to announce earnings of $0.65 per share and revenue of $1.0318 billion for the quarter. Individuals can check the company’s upcoming Q4 2026 earning summary page for the latest details on the call scheduled for Wednesday, February 25, 2026 at 5:00 PM ET.

Pure Storage (NYSE:PSTG) last posted its quarterly earnings results on Tuesday, December 2nd. The technology company reported $0.58 EPS for the quarter, hitting analysts’ consensus estimates of $0.58. The business had revenue of $964.45 million during the quarter, compared to analysts’ expectations of $955.60 million. Pure Storage had a return on equity of 10.60% and a net margin of 3.74%.Pure Storage’s quarterly revenue was up 16.1% on a year-over-year basis. During the same quarter last year, the company posted $0.50 earnings per share. On average, analysts expect Pure Storage to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Pure Storage Stock Up 0.5%

NYSE PSTG opened at $73.93 on Monday. Pure Storage has a 12-month low of $34.51 and a 12-month high of $100.59. The company has a market capitalization of $24.41 billion, a P/E ratio of 194.54, a P/E/G ratio of 5.74 and a beta of 1.27. The firm has a 50-day moving average price of $70.39 and a two-hundred day moving average price of $77.41.

Key Stories Impacting Pure Storage

Here are the key news stories impacting Pure Storage this week:

• Positive Sentiment: AI-driven flash demand is boosting margins and the company raised its FY26 revenue outlook to $3.63–$3.64B, driven by hyperscaler wins and a stronger flash portfolio — a clear fundamental tailwind for revenue and margin expansion. How Pure Storage’s Flash Portfolio is Becoming Its Margin Multiplier
• Positive Sentiment: Market reaction: multiple headlines note Pure Storage shares have gained as broader markets dipped, reflecting favorable investor response to recent product/margin news and sentiment ahead of earnings. Pure Storage (PSTG) Gains As Market Dips: What You Should Know
• Neutral Sentiment: Earnings preview: Wall Street expects EPS growth for the upcoming report, but one preview flags PSTG may not have the ideal setup for an earnings beat — expectations and execution will be scrutinized next week. Pure Storage (PSTG) Reports Next Week: Wall Street Expects Earnings Growth
• Neutral Sentiment: Analyst previews offer deeper KPI expectations (revenue mix, gross margins, AI-specific bookings) ahead of the quarter-end January results — these line-item metrics could swing sentiment independent of headline EPS. Gear Up for Pure Storage (PSTG) Q4 Earnings: Wall Street Estimates for Key Metrics
• Neutral Sentiment: Competitive positioning: comparative analyses with NetApp highlight diverging growth, guidance and valuations as both vie for AI-storage demand — market-share and product wins vs. peers will be watched. Pure Storage vs. NetApp: Which Data Storage Stock Is the Better Pick?
• Negative Sentiment: Analyst action: Citigroup cut its price target to $90, which may cap upside in the near term and signals some analyst caution on valuation vs. growth assumptions. Citigroup Lowers Pure Storage (NYSE:PSTG) Price Target to $90.00
• Negative Sentiment: Valuation concerns: commentary calling PSTG an “expensive certainty” underscores that while the business quality is acknowledged, high multiples could make the stock sensitive to any growth or guidance disappointment. Pure Storage: Quality Business, Expensive Certainty

Insider Activity at Pure Storage

In other news, insider John Colgrove sold 100,000 shares of the firm’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $71.31, for a total transaction of $7,131,000.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Ajay Singh sold 7,178 shares of the stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $67.14, for a total transaction of $481,930.92. Following the completion of the transaction, the insider owned 215,091 shares in the company, valued at $14,441,209.74. This trade represents a 3.23% decrease in their position. The disclosure for this sale is available in the SEC filing. 5.60% of the stock is owned by company insiders.

Institutional Trading of Pure Storage

A number of large investors have recently added to or reduced their stakes in PSTG. Sunbelt Securities Inc. lifted its holdings in shares of Pure Storage by 60.8% in the 4th quarter. Sunbelt Securities Inc. now owns 529 shares of the technology company’s stock worth $35,000 after acquiring an additional 200 shares during the last quarter. Invesco Ltd. raised its holdings in shares of Pure Storage by 15.4% in the fourth quarter. Invesco Ltd. now owns 725,535 shares of the technology company’s stock valued at $48,618,000 after acquiring an additional 96,980 shares in the last quarter. Corient Private Wealth LLC raised its holdings in shares of Pure Storage by 272.3% in the 4th quarter. Corient Private Wealth LLC now owns 48,663 shares of the technology company’s stock valued at $3,261,000 after purchasing an additional 35,591 shares in the last quarter. Strive Financial Group LLC purchased a new stake in Pure Storage during the fourth quarter worth $36,000. Finally, Vident Advisory LLC grew its stake in Pure Storage by 2.3% in the fourth quarter. Vident Advisory LLC now owns 21,388 shares of the technology company’s stock valued at $1,433,000 after purchasing an additional 482 shares during the last quarter. Institutional investors own 83.42% of the company’s stock.

Wall Street Analyst Weigh In

PSTG has been the topic of several analyst reports. Northland Securities set a $77.00 target price on Pure Storage in a report on Wednesday, December 3rd. Lake Street Capital upped their target price on Pure Storage from $80.00 to $92.00 and gave the stock a “buy” rating in a research report on Wednesday, December 3rd. Morgan Stanley set a $83.00 price target on Pure Storage in a research note on Wednesday, December 3rd. Citigroup reduced their target price on shares of Pure Storage from $105.00 to $90.00 and set a “buy” rating for the company in a research note on Tuesday, February 17th. Finally, Susquehanna set a $105.00 price target on Pure Storage in a research report on Wednesday, December 3rd. Twelve investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $94.47.

About Pure Storage

Pure Storage, Inc (NYSE: PSTG) is a technology company that designs and sells data storage hardware and software for enterprise and cloud environments. The company is best known for its all-flash storage arrays that are engineered to deliver high performance, low latency and simplified management compared with traditional disk-based systems. Its product portfolio includes purpose-built arrays and software aimed at transactional databases, virtualized infrastructures, analytics and large-scale file/object workloads.

Key product and software offerings include the FlashArray family for block storage and FlashBlade for file and object workloads, together with Purity, the company’s storage operating environment.