Barclays Sticks to Its Hold Rating for Pure Storage (PSTG)

Barclays analyst Tim Long maintained a Hold rating on Pure Storage today and set a price target of $81.00.

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Long covers the Technology sector, focusing on stocks such as Apple, Nutanix, and Ciena. According to TipRanks, Long has an average return of 15.3% and a 61.51% success rate on recommended stocks.

In addition to Barclays, Pure Storage also received a Hold from Bank of America Securities’s Wamsi Mohan in a report issued on February 22. However, today, William Blair maintained a Buy 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.