Wedbush Remains a Buy on Pure Storage (PSTG)
In a report released today, from Wedbush reiterated a Buy rating on Pure Storage, with a price target of $100.00.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
In addition to Wedbush, Pure Storage also received a Buy from TipRanks – Google’s Google Computer Hardware in a report issued today. However, on the same day, Morgan Stanley maintained 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.
Read More on PSTG:
Disclaimer & DisclosureReport an Issue
- Pure Storage price target raised to $84 from $83 at Morgan Stanley
- Pure Storage price target lowered to $90 from $100 at Wells Fargo
- Everpure: Solid Execution and Upbeat Outlook Offset by Industry Headwinds and Dilutive Acquisition, Justifying Hold Rating
- Everpure: Strong Q4 Execution, AI-Driven Demand, and Expanding Enterprise Cloud Adoption Support Buy Rating Through FY27
- Pure Storage sees FY27 revenue $4.3B-$4.4B, consensus $4.27B
