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PSTG - Pure Storage Stock Forecast: Where Will It Be By 2025?
Pure Storage Inc. Class A
Pure Storage's first-quarter financial performance surpassed investors' expectations, as supply chain disruptions had a relatively muted impact on the company as it is reliant on a smaller number of components.
PSTG is expected to be profitable on a GAAP basis by fiscal 2025 while its pace of revenue growth would have slowed in three years' time.
Pure Storage is a Hold; its valuations are undemanding, but its outlook isn't very good.