Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Pure Storage, Inc. before investing.

In this article, we go over a few key elements for understanding Pure Storage, Inc.’s stock price such as:

• Pure Storage, Inc.’s current stock price and volume
• Why Pure Storage, Inc.’s stock price changed recently
• Upgrades and downgrades for PSTG from analysts
• PSTG’s stock price momentum as measured by its relative strength

About Pure Storage, Inc. (PSTG)

Before we jump into Pure Storage, Inc.’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Pure Storage, Inc. provides data storage and management technologies, products, and services in the United States and internationally. Its Purity software is shared across its products and provides enterprise-class data services, such as always-on data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. The company also provides FlashArray integrated hardware systems, including FlashArray//X, FlashArray//C, FlashArray//XL, FlashArray//E, and FlashArray File Services for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; and FlashBlade integrated hardware systems comprising FlashBlade//S, FlashBlade//E, and FlashBlade//EXA for managing and processing unstructured data workloads of various types from real-time log analytics and commercial high-performance computing (HPC) to data protection and recovery. In addition, it offers cloud-native storage solutions, such as Portworx by Pure Storage, a cloud-native Kubernetes data management solution; and Portworx Data Services, a Database-as-a-Service platform for Kubernetes. Further, the company provides Pure Fusion, a Software-as-a-Service (SaaS) management plane, which enables storage administrators to unify storage arrays and optimize storage pools; Evergreen Architecture comprising Pure1, an AI-driven cloud-based management platform, as well as Evergreen//One and Evergreen//Flex data storage solutions; and Cloud Block Store, a virtual block storage array, that provides customers the flexibility to operate a hybrid cloud model with seamless data mobility across on-premises and public cloud environments. It sells its products and subscription services through direct sales force and channel partners. The company was formerly known as OS76, Inc. and changed its name to Pure Storage, Inc. in January 2010. Pure Storage, Inc. was incorporated in 2009 and is headquartered in Santa Clara, California.

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Pure Storage, Inc.’s Stock Price as of Market Close

As of December 03, 2025, 4:00 PM, CST, Pure Storage, Inc.’s stock price was $68.850.

Pure Storage, Inc. is down 27.31% from its previous closing price of $94.720.

During the last market session, Pure Storage, Inc.’s stock traded between $68.340 and $79.710. Currently, there are approximately 327.59 million shares outstanding for Pure Storage, Inc..

Pure Storage, Inc.’s price-earnings (P/E) ratio is currently at 216.5, which is high compared to the Technology Hardware, Storage & Peripherals industry median of 24.2. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Pure Storage, Inc. Stock Price History

Pure Storage, Inc.’s (PSTG) price is currently down 22.61% so far this month.

During the month of December, Pure Storage, Inc.’s stock price has reached a high of $96.500 and a low of $68.340.

Over the last year, Pure Storage, Inc. has hit prices as high as $100.590 and as low as $34.510. Year to date, Pure Storage, Inc.’s stock is up 12.08%.

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What Caused Pure Storage, Inc. Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of December 02, 2025, there were 3 analysts who downgraded Pure Storage, Inc.’s stock and 16 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Pure Storage, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Pure Storage, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Pure Storage, Inc.’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Pure Storage, Inc. (PSTG) by visiting AAII Stock Evaluator.

Relative Price Strength of Pure Storage, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of December 02, 2025, Pure Storage, Inc. has a weighted four-quarter relative price strength of 10.18%, which translates to a Momentum Score of 84 and is considered to be Very Strong.

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Pure Storage, Inc. Stock Price: Bottom Line

As of December 3, 2025, Pure Storage, Inc.’s stock price is $68.850, which is down 27.31% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Pure Storage, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.