Pure Storage (PSTG): New Buy Recommendation for This Technology Giant
Evercore ISI analyst Amit Daryanani maintained a Buy rating on Pure Storage today and set a price target of $90.00.
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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, Pure Storage, and International Business Machines.
In addition to Evercore ISI, Pure Storage also received a Buy from Lake Street’s Eric Martinuzzi in a report issued today. However, on the same day, Bank of America Securities maintained a Hold rating on Pure Storage (NYSE: PSTG).
Based on Pure Storage’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.06 billion and a net profit of $100.25 million. In comparison, last year the company earned a revenue of $879.84 million and had a net profit of $42.44 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.
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- Pure Storage price target lowered to $85 from $100 at Susquehanna
- Pure Storage price target lowered to $90 from $92 at Lake Street
- Pure Storage price target raised to $63 from $60 at UBS
- Pure Storage price target raised to $84 from $83 at Morgan Stanley
- Pure Storage price target lowered to $90 from $100 at Wells Fargo
