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Pure Storage Inc Stock Price, News & Analysis

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Welcome to our dedicated page for Pure Storage news (Ticker: PSTG), a resource for investors and traders seeking the latest updates and insights on Pure Storage stock.

Pure Storage Inc (NYSE: PSTG) delivers cutting-edge enterprise data storage solutions that power AI-driven analytics, multi-cloud environments, and mission-critical applications. This page provides a comprehensive collection of official press releases and curated news coverage about the company’s technological advancements, financial performance, and strategic initiatives.

Investors and technology professionals will find timely updates on PSTG’s all-flash storage innovations, Evergreen subscription services, and partnerships shaping the future of data infrastructure. The resource covers earnings announcements, product launches, executive insights, and industry recognition, offering a holistic view of the company’s market position.

Key content areas include developments in storage-as-a-service platforms, sustainability initiatives, and expansions into emerging technologies. Bookmark this page to stay informed about Pure Storage’s role in enabling secure, scalable data management for global enterprises and cloud-native organizations.

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Pure Storage (NYSE: PSTG) has unveiled its new fleet-level architecture, Evergreen//Flex, at the Pure//Accelerate® techfest22 in Los Angeles. This innovative system enhances storage efficiency by allowing enterprises to optimize stranded storage capacity, promoting flexibility and effective resource utilization. The expansion reinforces Pure's Evergreen portfolio, including Evergreen//Forever and Evergreen//One, which focus on subscription-based models to simplify data storage management. With over 10,000 non-disruptive upgrades to date, Pure emphasizes modern consumption-based storage solutions for organizations.

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At Pure//Accelerate techfest22, Pure Storage (NYSE: PSTG) honored six customers with the Breakthrough Awards for their exceptional use of Pure's data storage technology. Companies like Barclays, Ford, and SiriusXM were recognized for innovation and success amidst global challenges, emphasizing sustainability. Notable achievements include SiriusXM's total migration to Pure's infrastructure, Barclays' 99.9999% storage uptime, and Ford's cloud-native strategies using Portworx. The awards highlight how Pure's offerings empower organizations to enhance performance and efficiency.

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Pure Storage (NYSE: PSTG) has announced the launch of AIRI//S, a next-generation AI-ready infrastructure developed in collaboration with NVIDIA. This innovative platform simplifies and scales AI data pipelines, enabling enterprises to enhance their AI initiatives. AIRI//S features advanced performance, power efficiency, and scalability, supporting diverse workloads from startups to large organizations. With Evergreen models for flexible consumption, this solution addresses the common challenges of traditional AI infrastructures, driving faster insights and greater efficiency.

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Pure Storage (PSTG) reported a remarkable 50% year-over-year revenue growth for its fiscal Q1 2023, totaling $620.4 million. Subscription services revenue rose by 35% to $219.2 million, while Subscription Annual Recurring Revenue (ARR) increased 29% to $899.8 million. The company raised its FY23 revenue outlook to $2.66 billion. Despite a GAAP operating loss of $(4.6) million, non-GAAP operating income reached $85.4 million. Pure also returned $66 million to stockholders in Q1 through share repurchases.

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Pure Storage (NYSE: PSTG) announced advancements to its Portworx portfolio aimed at enhancing data services for DevOps teams. Key updates include the general availability of Portworx Data Services, the first Kubernetes Database-as-a-Service platform, and the next generation of Portworx Enterprise, a comprehensive data management solution for Kubernetes applications. Additionally, Portworx Backup-as-a-Service has been launched to simplify data protection for various Kubernetes services. These developments are expected to improve operational efficiency and support critical databases.

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Pure Storage (NYSE: PSTG) has announced a conference call set for June 1, 2022, at 1:30 p.m. PT, to discuss its financial results for the first fiscal quarter ending May 8, 2022. This follows the upcoming release of their financial figures. The call will be accessible via the Pure Storage Investor Relations website, with a replay available for two weeks post-call. Additionally, Pure Storage will participate in several investor conferences, showcasing its commitment to transparency and investor engagement.

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Pure Storage (NYSE: PSTG) and Snowflake (NYSE: SNOW) announced a partnership aimed at enhancing data accessibility for customers managing on-premises data. The solution combines Pure Storage FlashBlade's capabilities with the Snowflake Data Cloud, allowing users to analyze multiple data sources without creating separate data copies. This collaboration is expected to commence public preview in the second half of 2022, helping organizations leverage local data while utilizing advanced analytics and governance features from Snowflake.

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Pure Storage (NYSE: PSTG) highlights its pivotal role in electronic design automation (EDA) for semiconductor companies, announcing that 50% of the top 10 semiconductor firms utilize its FlashBlade storage solution. This technology enhances chip design efficiency by delivering performance improvements of up to 5x faster workload completion through high concurrency capabilities. Additionally, customers experience 2.5:1 data reduction and significant reductions in runtime for complex tasks. The company emphasizes its commitment to driving innovation across the semiconductor industry.

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Pure Storage (NYSE: PSTG) announced that over 10 leading autonomous vehicle software development companies are utilizing its FlashBlade platform to meet the demands of storing and processing unstructured data. FlashBlade enhances performance while simplifying IT operations, driving efficiency and reducing costs. Companies are employing this technology for various applications, such as training automated vehicle systems and managing critical engineering data. This collaboration marks a significant milestone as Pure's presence in the autonomous vehicle sector reaches an all-time high.

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Pure Storage (NYSE: PSTG) has released its inaugural Environmental, Social, and Governance (ESG) report, detailing its benchmarks and future goals for sustainability. The report emphasizes Pure's commitment to reducing data center carbon emissions, with customers potentially achieving up to 80% reduction in direct carbon usage through its products. Key goals include a 50% reduction in Scope 1 and 2 greenhouse gas emissions per employee by FY30, and achieving net zero emissions by FY40.

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FAQ

What is the current stock price of Pure Storage (PSTG)?

The current stock price of Pure Storage (PSTG) is $55.62 as of June 26, 2025.

What is the market cap of Pure Storage (PSTG)?

The market cap of Pure Storage (PSTG) is approximately 17.3B.
Pure Storage Inc

NYSE:PSTG

PSTG Rankings

PSTG Stock Data

17.28B
309.11M
5.27%
86.28%
2.81%
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