51.80
price up icon2.55%   +1.29
after-market  After Hours:  51.80 
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Pure Storage Inc Stock (PSTG) Forecast

The Pure Storage Inc (PSTG) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $44.81, representing a -13.50% decrease from the current price of $51.80. The highest analyst price target is $45.37, and the lowest is $44.24.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month PSTG Price Target
Average 41.00 (-20.86% Downside)
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Is Pure Storage Inc (PSTG) A Buy Now?

Oscillators
Name Value Action
RSI(14) 50.42 Neutral
STOCH(9,6) 31.15 Neutral
STOCHRSI(14) 40.34 Neutral
MACD(12,26) 0.2217 Sell
ADX(14) 15.82 Neutral
William %R -50.54 Neutral
CCI(14) -67.39 Neutral
Buy: 0 Sell: 1 Neutral: 6
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
52.31
Sell
51.86
Sell
MA20
52.50
Sell
52.00
Sell
MA50
50.17
Buy
49.76
Buy
MA100
43.83
Buy
45.87
Buy
MA200
40.07
Buy
40.80
Buy
Buy: 6 Sell: 4 Neutral: 0
Summary: Buy
According to our latest analysis, PSTG could be considered a Neutral, with 17 technical analysis indicators signaling 6 Buy signals, 5 signaling Sell signals and 6 Neutral signals. This suggests that investors should exercise caution when entering new positions on PSTG, as the market is likely to remain volatile in the near term.
  1. RSI (Relative Strength Index): The RSI(14) value of 50.42 indicates that PSTG is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 31.15 indicates that PSTG is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 40.34 indicates that PSTG is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 15.82 indicates that there is no clear directional movement, and the market may be ranging or moving sideways.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -67.39 indicates that PSTG is still oversold but not to an extreme extent.

Long-term PSTG price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Pure Storage Inc financial reports and earnings history, Pure Storage Inc (PSTG) stock could reach $67.56 by 2030, $155.11 by 2040 and $210.04 by 2050. See the projected annual prices until 2050 of the Pure Storage Inc stock below:

  • Pure Storage Inc (PSTG) is expected to reach an average price of $123.39 in 2035, with a high prediction of $127.08 and a low estimate of $122.48. This indicates an $138.20% rise from the last recorded price of $51.80.
  • Pure Storage Inc (PSTG) stock is projected to chart a bullish course in 2040, with an average price target of $150.46, representing an $190.47% surge from its current level. The forecast ranges from a conservative $149.37 to a sky-high $155.11.
  • Our analysts predict Pure Storage Inc (PSTG) to jump 258.95% by 2045, soaring from $183.33 to an average price of $185.93, potentially reaching $187.78. While $183.33 is the low estimate, the potential upside is significant.
  • Pure Storage Inc (PSTG) stock is expected to climb by 2050, reaching an average of $207.64, a $300.85% jump from its current level. However, a wide range of estimates exists, with high and low targets of $210.04 and $203.62, respectively, highlighting the market's uncertainty.

Pure Storage Inc Stock (PSTG) Year by Year Forecast

Pure Storage Inc Stock (PSTG) Price Forecast for 2024

Our forecast for PSTG stock price in 2024 now indicates an average price target of $40.61 with a high forecast of $45.37 and a low forecast of $35.85. The average prediction reflects an decrease of -21.60% from the last recorded price of $51.80.
Month Average Low High Change from today's price
May, 2024 $44.79 $44.24 $45.37 -13.52%
June, 2024 $38.43 $37.62 $45.06 -25.82%
July, 2024 $38.28 $37.87 $39.56 -26.10%
August, 2024 $38.58 $38.07 $39.58 -25.53%
September, 2024 $40.01 $36.18 $40.09 -22.77%
October, 2024 $40.98 $39.55 $42.41 -20.89%
November, 2024 $42.72 $39.97 $42.77 -17.54%
December, 2024 $44.92 $42.79 $45.02 -13.28%

Pure Storage Inc Stock (PSTG) Price Forecast for 2025

Pure Storage Inc Stock (PSTG) is expected to reach an average price of $40.80 in 2025, with a high prediction of $47.08 and a low estimate of $34.52. This indicates an -21.23% fall from the last recorded price of $51.80.
Month Average Low High Change from today's price
January, 2025 $41.72 $40.47 $45.50 -19.46%
February, 2025 $43.04 $41.88 $43.42 -16.91%
March, 2025 $44.95 $42.92 $45.36 -13.23%
April, 2025 $41.36 $40.97 $45.82 -20.16%
May, 2025 $39.06 $34.52 $40.91 -24.59%
June, 2025 $41.60 $37.38 $42.40 -19.70%
July, 2025 $43.82 $39.94 $43.85 -15.41%
August, 2025 $45.18 $43.20 $45.72 -12.78%
September, 2025 $45.62 $44.09 $46.22 -11.93%
October, 2025 $44.65 $44.48 $47.08 -13.80%
November, 2025 $43.76 $43.13 $45.79 -15.52%
December, 2025 $45.03 $43.21 $45.33 -13.07%

Pure Storage Inc Stock (PSTG) Price Forecast for 2026

The predicted value for Pure Storage Inc (PSTG) in 2026 is set at an average of $53.04. Estimates vary from a peak of $60.86 to a trough of $45.23, indicating an +2.40% surge from the present price of $51.80.
Month Average Low High Change from today's price
January, 2026 $45.93 $45.23 $48.60 -11.33%
February, 2026 $48.62 $46.08 $50.19 -6.15%
March, 2026 $54.60 $47.99 $55.25 +5.41%
April, 2026 $53.96 $53.10 $55.25 +4.16%
May, 2026 $58.61 $52.42 $60.86 +13.14%
June, 2026 $53.41 $50.02 $58.72 +3.11%
July, 2026 $53.67 $51.98 $54.71 +3.61%
August, 2026 $51.27 $49.26 $53.85 -1.03%
September, 2026 $51.80 $51.22 $52.75 +0.00%
October, 2026 $52.48 $51.54 $53.41 +1.32%
November, 2026 $53.63 $50.84 $54.34 +3.54%
December, 2026 $60.53 $52.54 $60.66 +16.86%

Pure Storage Inc Stock (PSTG) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Pure Storage Inc (PSTG) is $66.48, with a high forecast of $73.75 and a low forecast of $59.21. This indicates an +28.34% increase from the last price of $51.80.
Month Average Low High Change from today's price
January, 2027 $59.57 $59.42 $61.80 +14.99%
February, 2027 $61.20 $59.21 $61.94 +18.14%
March, 2027 $65.07 $61.10 $67.08 +25.61%
April, 2027 $67.64 $65.31 $69.24 +30.58%
May, 2027 $60.72 $60.68 $70.81 +17.22%
June, 2027 $62.96 $59.32 $64.46 +21.54%
July, 2027 $66.10 $59.86 $69.19 +27.61%
August, 2027 $72.25 $65.22 $73.75 +39.48%
September, 2027 $66.78 $66.73 $73.21 +28.92%
October, 2027 $62.21 $59.73 $67.61 +20.10%
November, 2027 $65.22 $61.53 $67.18 +25.91%
December, 2027 $64.55 $62.68 $65.69 +24.61%

Pure Storage Inc Stock (PSTG) Price Forecast for 2028

In 2028, Pure Storage Inc (PSTG) is projected to reach an average price of $71.48, with a high projection of $78.62 and a low estimate of $64.33. This indicates an +37.98% rise from the last price of $51.80.
Month Average Low High Change from today's price
January, 2028 $69.76 $64.33 $70.59 +34.66%
February, 2028 $69.72 $66.52 $70.31 +34.59%
March, 2028 $68.03 $65.34 $70.38 +31.33%
April, 2028 $70.98 $65.36 $71.50 +37.03%
May, 2028 $69.75 $67.89 $72.83 +34.65%
June, 2028 $67.56 $67.10 $72.05 +30.43%
July, 2028 $69.65 $66.85 $70.20 +34.46%
August, 2028 $72.18 $69.41 $73.88 +39.35%
September, 2028 $65.50 $65.32 $71.97 +26.46%
October, 2028 $68.54 $65.09 $69.02 +32.32%
November, 2028 $66.09 $64.84 $68.81 +27.58%
December, 2028 $77.45 $66.18 $78.62 +49.51%

Pure Storage Inc Stock (PSTG) Price Forecast for 2029

The 2029 price forecast for Pure Storage Inc Stock (PSTG) is $69.80 on average, with a high prediction of $85.10 and a low estimate of $54.49. This represents an +34.74% increase from the previous price of $51.80.
Month Average Low High Change from today's price
January, 2029 $80.89 $77.09 $81.73 +56.15%
February, 2029 $80.98 $80.44 $83.00 +56.33%
March, 2029 $80.11 $79.60 $82.83 +54.65%
April, 2029 $79.41 $78.42 $85.10 +53.30%
May, 2029 $78.21 $77.71 $82.03 +50.99%
June, 2029 $81.79 $77.26 $81.93 +57.90%
July, 2029 $79.09 $76.75 $84.03 +52.69%
August, 2029 $56.76 $54.49 $83.80 +9.57%
September, 2029 $59.77 $56.27 $59.85 +15.38%
October, 2029 $62.20 $58.75 $62.45 +20.07%
November, 2029 $63.88 $61.45 $63.90 +23.32%
December, 2029 $66.62 $63.61 $67.20 +28.61%

Pure Storage Inc Stock (PSTG) Price Forecast for 2030

Pure Storage Inc Stock (PSTG) is expected to reach an average price of $65.82 in 2030, with a high forecast of $71.96 and a low forecast of $59.68. This signifies an +27.06% surge from the last price of $51.80.
Month Average Low High Change from today's price
January, 2030 $66.58 $65.89 $67.56 +28.54%
February, 2030 $60.74 $60.07 $66.92 +17.26%
March, 2030 $61.26 $60.64 $62.36 +18.26%
April, 2030 $60.41 $60.40 $62.90 +16.62%
May, 2030 $63.77 $59.68 $63.84 +23.12%
June, 2030 $65.10 $63.41 $66.36 +25.67%
July, 2030 $68.44 $64.27 $68.58 +32.13%
August, 2030 $69.83 $67.96 $69.93 +34.81%
September, 2030 $67.58 $65.65 $70.50 +30.47%
October, 2030 $70.09 $67.80 $70.21 +35.30%
November, 2030 $71.00 $69.67 $71.25 +37.07%
December, 2030 $64.98 $64.60 $71.96 +25.44%
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