Recent Analysts’ Ratings Updates for Pure Storage (PSTG)

A number of research firms have changed their ratings and price targets for Pure Storage (NYSE: PSTG):

• 12/6/2025 – Pure Storage was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating.
• 12/3/2025 – Pure Storage was given a new $105.00 price target on by analysts at Tigress Financial.
• 12/3/2025 – Pure Storage had its “outperform” rating reaffirmed by analysts at Evercore ISI.
• 12/3/2025 – Pure Storage was given a new $77.00 price target on by analysts at Northland Securities.
• 12/3/2025 – Pure Storage had its price target raised by analysts at Lake Street Capital from $80.00 to $92.00. They now have a “buy” rating on the stock.
• 12/3/2025 – Pure Storage was given a new $83.00 price target on by analysts at Morgan Stanley.
• 12/3/2025 – Pure Storage had its “buy” rating reaffirmed by analysts at Cowen Inc.
• 12/3/2025 – Pure Storage had its price target raised by analysts at UBS Group AG from $55.00 to $60.00. They now have a “sell” rating on the stock.
• 12/3/2025 – Pure Storage was given a new $105.00 price target on by analysts at Susquehanna.
• 12/3/2025 – Pure Storage was downgraded by analysts at Susquehanna from a “positive” rating to a “neutral” rating. They now have a $100.00 price target on the stock.
• 12/3/2025 – Pure Storage had its price target raised by analysts at Barclays PLC from $70.00 to $77.00. They now have an “equal weight” rating on the stock.
• 12/3/2025 – Pure Storage had its price target lowered by analysts at Citigroup Inc. from $110.00 to $105.00. They now have a “buy” rating on the stock.
• 12/3/2025 – Pure Storage had its price target raised by analysts at Wedbush from $90.00 to $100.00. They now have an “outperform” rating on the stock.
• 12/3/2025 – Pure Storage had its price target lowered by analysts at JPMorgan Chase & Co. from $110.00 to $105.00. They now have an “overweight” rating on the stock.
• 12/3/2025 – Pure Storage had its price target raised by analysts at TD Cowen from $85.00 to $100.00. They now have a “buy” rating on the stock.
• 12/3/2025 – Pure Storage had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $100.00 price target on the stock.
• 11/17/2025 – Pure Storage had its price target raised by analysts at JPMorgan Chase & Co. from $105.00 to $110.00. They now have an “overweight” rating on the stock.
• 11/17/2025 – Pure Storage had its price target raised by analysts at Morgan Stanley from $72.00 to $90.00. They now have an “equal weight” rating on the stock.
• 11/17/2025 – Pure Storage is now covered by analysts at Oppenheimer Holdings, Inc.. They set an “outperform” rating and a $120.00 price target on the stock.
• 10/21/2025 – Pure Storage was given a new $110.00 price target on by analysts at UBS Group AG.
• 10/21/2025 – Pure Storage had its price target raised by analysts at Citigroup Inc. from $81.00 to $110.00. They now have a “buy” rating on the stock.
• 10/20/2025 – Pure Storage had its price target raised by analysts at Evercore ISI from $90.00 to $105.00. They now have an “outperform” rating on the stock.
• 10/17/2025 – Pure Storage had its price target raised by analysts at Raymond James Financial, Inc. from $88.00 to $99.00. They now have an “outperform” rating on the stock.
• 10/16/2025 – Pure Storage had its price target raised by analysts at JPMorgan Chase & Co. from $80.00 to $105.00. They now have an “overweight” rating on the stock.

Insider Activity

In other news, CRO Dan Fitzsimons sold 6,051 shares of the business’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $87.42, for a total value of $528,978.42. Following the completion of the transaction, the executive owned 62,759 shares in the company, valued at $5,486,391.78. The trade was a 8.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider John Colgrove sold 100,000 shares of the stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $87.33, for a total value of $8,733,000.00. Following the sale, the insider directly owned 300,000 shares in the company, valued at $26,199,000. This trade represents a 25.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 427,311 shares of company stock valued at $36,629,100 in the last quarter. Insiders own 5.60% of the company’s stock.

Pure Storage, Inc engages in the provision of data storage and management technologies, products, and services in the United States and internationally. Its Purity software is shared across its products and provides enterprise-class data services, such as always-on data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object.