Pure Storage, Inc. has seen significant growth and improved profitability, despite some concerns

From Yahoo Finance: 2025-06-23 10:53:00

Pure Storage, Inc.’s share price was at $51.58 on June 20th. Trailing P/E ratio was 135.74 and forward P/E was 28.90. Iron Mountain Inc. is experiencing a plunge due to a futuristic datacenter. Pure Storage has seen significant growth, with 18% revenue growth in Q1 FY25 and a shift towards subscription-based revenue. Profitability has improved, with a 14.5% non-GAAP operating margin in Q1. Concerns remain about high stock-based compensation and valuation. Despite recent gains, Pure Storage remains a long-term holding with potential in the data storage market.



Read more at Yahoo Finance: Pure Storage, Inc. (PSTG): A Bull Case Theory