Pure Storage Shares Jump 1.36% with Q1 EPS Forecast at $0.65
Pure Storage shares rose 1.36% to $73.59, outperforming sector and S&P 500 losses while climbing 1.2% over the past month against a 3.36% sector drop. The company forecasts Q1 EPS of $0.65 (+44.4% y/y) on $1.03 billion revenue (+17.2% y/y).
1. Stock Performance
Pure Storage shares rose 1.36% to $73.59 in the latest session, outpacing the S&P 500’s 0.28% decline and marking a 1.2% gain over the past month against a 3.36% drop in the Computer and Technology sector.
2. Q1 Earnings Outlook
The company projects Q1 EPS of $0.65, up 44.44% year-over-year, on revenue of $1.03 billion, a 17.21% increase, with results due on February 25, 2026.
3. Valuation Metrics
Pure Storage trades at a forward P/E of 31.09, a premium to the industry average of 19.13, and maintains a PEG ratio of 1.83 versus an industry norm of 1.8; consensus Q1 EPS estimates have been revised down by 0.29% over the past month.
4. Industry Positioning
In the Computer-Storage Devices industry, Pure Storage’s metrics rank it among the top 20% of companies, supported by robust demand trends within the broader Computer and Technology sector.