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home / news releases / PSTG - Pure Storage's Fiscal 2025 Outlook: A Promising Trajectory

PSTG - Pure Storage's Fiscal 2025 Outlook: A Promising Trajectory

Pure Storage Inc. Class A

2024-03-05 10:52:35 ET

Summary

  • Pure Storage, Inc.'s fiscal 2025 outlook is promising, marked by increased profitability and sustained growth rates.
  • Despite facing challenges such as competitive pressures and economic uncertainties, Pure Storage's strategic positioning and focus on advanced data storage solutions position it for continued success.
  • At 29x forward non-GAAP operating income, Pure Storage stock is attractively priced.

Investment Thesis

Pure Storage, Inc. ( PSTG ) delivered an enticing outlook for fiscal 2025 (the current calendar year) with its Q4 fiscal 2024 results . Note that PSTG's fiscal year and calendar year are misaligned....

For further details see:

Pure Storage's Fiscal 2025 Outlook: A Promising Trajectory
Stock Information
Company Name: Pure Storage Inc. Class A
Stock Symbol: PSTG
Market: NYSE
Website: purestorage.com
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