Pure Storage (PSTG): New Buy Recommendation for This Technology Giant

Evercore ISI analyst Amit Daryanani maintained a Buy rating on Pure Storage yesterday and set a price target of $90.00. The company’s shares closed yesterday at $68.44.

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According to TipRanks, Daryanani is a 5-star analyst with an average return of 21.6% and a 61.62% success rate. Daryanani covers the Technology sector, focusing on stocks such as Apple, International Business Machines, and Dell Technologies.

In addition to Evercore ISI, Pure Storage also received a Buy from William Blair’s Jason Ader in a report issued yesterday. However, on February 22, Bank of America Securities reiterated a Hold rating on Pure Storage (NYSE: PSTG).

Based on Pure Storage’s latest earnings release for the quarter ending November 2, the company reported a quarterly revenue of $964.45 million and a net profit of $54.81 million. In comparison, last year the company earned a revenue of $831.07 million and had a net profit of $63.64 million

Based on the recent corporate insider activity of 64 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PSTG in relation to earlier this year. Most recently, in December 2025, Ajay Singh, the CPO of PSTG sold 14,216.00 shares for a total of $968,467.86.