Pure Storage Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Benzinga
2025/12/02

Pure Storage, Inc. (NYSE:PSTG) will release earnings results for the third quarter after the closing bell on Tuesday, Dec. 2.

Analysts expect the Santa Clara, California-based company to report quarterly earnings at 58 cents per share, up from 50 cents per share in the year-ago period. The consensus estimate for Pure Storage's quarterly revenue is $956.48 million, compared to $831.07 million a year earlier, according to data from Benzinga Pro.

On Nov. 4, Pure Storage named Patrick Finn as chief revenue officer.

Shares of Pure Storage fell 0.5% to close at $88.55 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • Morgan Stanley analyst Erik Woodring maintained an Equal-Weight rating and increased the price target from $72 to $90 on Nov. 17, 2025. This analyst has an accuracy rate of 76%.
  • Citigroup analyst Asiya Merchant maintained a Buy rating and raised the price target from $81 to $110 on Oct. 21, 2025. This analyst has an accuracy rate of 87%.
  • Evercore ISI Group analyst Amit Daryanani maintained an Outperform rating and boosted the price target from $90 to $105 on Oct. 20, 2025. This analyst has an accuracy rate of 79%.
  • Raymond James analyst Simon Leopold maintained an Outperform rating and increased the price target from $88 to $99 on Oct. 17, 2025. This analyst has an accuracy rate of 74%.
  • Wells Fargo analyst Aaron Rakers maintained an Overweight rating and raised the price target from $80 to $100 on Sept. 26, 2025. This analyst has an accuracy rate of 84%

Considering buying PSTG stock? Here’s what analysts think:

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