Pure Storage Inc
NYSE:PSTG

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Pure Storage Inc
NYSE:PSTG
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Price: 64.4 USD 3.3% Market Closed
Market Cap: 21.1B USD
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Pure Storage Inc
PP&E Net

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Pure Storage Inc
PP&E Net Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company PP&E Net CAGR 3Y CAGR 5Y CAGR 10Y
Pure Storage Inc
NYSE:PSTG
PP&E Net
$588.9m
CAGR 3-Years
24%
CAGR 5-Years
19%
CAGR 10-Years
N/A
HP Inc
NYSE:HPQ
PP&E Net
$4.1B
CAGR 3-Years
3%
CAGR 5-Years
8%
CAGR 10-Years
-10%
Hewlett Packard Enterprise Co
NYSE:HPE
PP&E Net
$5.7B
CAGR 3-Years
-4%
CAGR 5-Years
-1%
CAGR 10-Years
-4%
Dell Technologies Inc
NYSE:DELL
PP&E Net
$7B
CAGR 3-Years
-7%
CAGR 5-Years
-1%
CAGR 10-Years
N/A
NetApp Inc
NASDAQ:NTAP
PP&E Net
$835m
CAGR 3-Years
1%
CAGR 5-Years
-1%
CAGR 10-Years
-3%
Apple Inc
NASDAQ:AAPL
PP&E Net
$45.7B
CAGR 3-Years
5%
CAGR 5-Years
4%
CAGR 10-Years
8%
No Stocks Found

Pure Storage Inc
Glance View

Market Cap
21.1B USD
Industry
Technology
Economic Moat
None

Pure Storage Inc. emerged as a formidable force in the data storage industry, reshaping the landscape with its innovative approach to flash storage technology. The company was founded in 2009, with the mission to provide fast, reliable, and efficient data storage solutions. As opposed to traditional disk-based storage rivals, Pure Storage capitalized on the rapid advancements in flash memory, offering enterprise-grade storage solutions that drastically reduced latency and improved performance. By harnessing the power of solid-state drives (SSDs) and coupling them with sophisticated software to increase the efficiency of data handling, Pure Storage positioned itself as a trailblazer in the industry, providing businesses with the ability to manage large volumes of data more effectively and quickly. The lifeblood of Pure Storage is its subscription-based business model, anchored in the sale and renewal of its cutting-edge FlashArray and FlashBlade products. These products are designed to cater to the growing demands of organizations for speed, agility, and scalability in managing data. Pure Storage integrates its offerings with cloud-based management and AI-driven predictive analytics, further enhancing its value proposition. This combination not only helps clients optimize their storage infrastructure but also ensures a sticky customer relationship, as businesses are encouraged to upgrade and expand their storage capacity within Pure's ecosystem. With a focus on innovation and customer-centric strategies, Pure Storage has successfully carved out a niche, consistently attracting enterprises looking for a modern approach to data storage in an increasingly data-driven world.

PSTG Intrinsic Value
47.39 USD
Overvaluation 26%
Intrinsic Value
Price

See Also

What is Pure Storage Inc's PP&E Net?
PP&E Net
588.9m USD

Based on the financial report for Nov 3, 2024, Pure Storage Inc's PP&E Net amounts to 588.9m USD.

What is Pure Storage Inc's PP&E Net growth rate?
PP&E Net CAGR 5Y
19%

Over the last year, the PP&E Net growth was 27%. The average annual PP&E Net growth rates for Pure Storage Inc have been 24% over the past three years , 19% over the past five years .

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