Stock Track | Pure Storage Soars 5.03% Intraday on Strong Earnings Expectations and Analyst Upgrades

Stock Track

2025/12/02

Pure Storage (NYSE: PSTG) surged 5.03% during Tuesday's intraday trading, reflecting heightened investor optimism ahead of its third-quarter earnings release.

The stock's rise follows a series of bullish analyst actions, including Citigroup raising its price target to $110 and Evercore ISI boosting its target to $105. Analysts expect the company to report earnings of 58 cents per share, up from 50 cents a year ago, with revenue projected at $956.48 million. The upbeat sentiment suggests confidence in Pure Storage's growth trajectory, particularly in the flash-based storage market.

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Analysts expect the company to report earnings of 58 cents per share, up from 50 cents a year ago, with revenue projected at $956.48 million. 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