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Is pure storage a good stock to buy?

Is pure storage a good stock to buy?

Pure Storage has received a consensus rating of Buy. The company’s average rating score is 2.84, and is based on 14 buy ratings, 4 hold ratings, and no sell ratings.

Is Pure Storage profitable?

In 2017 (2018 fiscal year), Pure Storage was profitable for the first time and surpassed $1 billion in annual revenue. In August 2018, Pure Storage made its first acquisition with the purchase of a data deduplication software company called StorReduce, for $25 million.

Who are pure storage competitors?

Pure Storage competitors include IBM, Nutanix, NetApp and Aberdeen. Pure Storage ranks 1st in CEO Score on Comparably vs its competitors.

What is pure storage technology?

Pure Storage® is a leading provider of enterprise-grade, all-flash block, file, and object storage. Pure delivers a Modern Data Experience™, allowing you to rely on innovative, cloud-ready solutions and the best experience in technology to transform data into powerful outcomes.

What is the stock price of Pure Storage?

[…] Pure Storage (PSTG) fiscal fourth-quarter results reflect robust adoption of subscription offerings, including Pure as-a-Service, Cloud Block Store, and Evergreen. Pure Storage (PSTG) delivered earnings and revenue surprises of 4.55% and 0.58%, respectively, for the quarter ended January 2020.

When is the release date for Pure Storage?

PSTG earnings call for the period ending May 2, 2021. Pure Storage, the provider of flash memory-based enterprise storage products and services, saw a 15% uptick in new customers in the fiscal first quarter.

How many employees does Pure Storage Inc have?

Pure (ticker: (PSTG) had 3,350 employees as of Oct. 31, the date of the Mountain View, Calif.-based company’s most recent 10-Q filing with the Securities and Exchange Commission. Pure Storage (PSTG) fiscal fourth-quarter results reflect robust adoption of subscription offerings, including Pure as-a-Service, Cloud Block Store, and Evergreen.

Is it a good time to buy Pure Storage?

Pure Storage (PSTG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season. Pure Storage (PSTG) Expected to Beat Earnings Estimates: Should You Buy?