NEW YORK, December 29, 2025, 05:05 ET — Premarket
- Pure Storage shares were indicated little changed at about $69.28 in early premarket trading.
- The data-storage maker last raised full-year revenue and operating income guidance with its Dec. 2 results.
- Investors are watching a planned Feb. 25 earnings date and U.S. housing data due later Monday.
Pure Storage shares were little changed at about $69.28 in early premarket trading on Monday.
The muted move keeps the focus on what comes next after a choppy December for the data-storage maker, which has been resetting expectations around AI-related demand and spending after its latest quarterly update.
With year-end trading typically thin, traders were looking ahead to Monday’s U.S. data releases and the company’s next scheduled investor events for fresh signals on demand and margins.
Pure Storage closed at $69.28 on Friday, up 3.42% from the prior close, according to the company’s investor relations quote page.
The stock remains about 31% below its 52-week high of $100.59 and well above its 52-week low of $34.51, the same page showed.
Peers in enterprise storage and infrastructure were modestly higher, with NetApp up about 0.4% and Nutanix up about 1.6% from their previous closes, according to market data.
Pure Storage sells all-flash data storage systems and related subscription services, pitching its platform as a way for enterprises to run applications across on‑premises and cloud environments.
In its third-quarter fiscal 2026 results on Dec. 2, the company reported revenue of $964.5 million, up 16% year over year, and subscription services revenue of $429.7 million, up 14%, it said.
Pure also reported subscription annual recurring revenue (ARR) of $1.8 billion — a measure of subscription revenue expected on an annualized basis — and remaining performance obligations (RPO) of $2.9 billion, which represent contracted revenue not yet recognized.
The company raised its fiscal 2026 revenue outlook to $3.63 billion to $3.64 billion and forecast fourth-quarter revenue of $1.02 billion to $1.04 billion, the release showed.
On Dec. 10, Pure Storage announced its board approved an additional $400 million share repurchase authorization, on top of about $20 million remaining under an earlier program.
“This largest-ever share repurchase authorization for Pure Storage is a direct reflection of our strategic value, long-term trajectory, and strong financial position,” CFO Tarek Robbiati said in that release. Pure Storage Investor
Investors are also looking to the next earnings update: Pure Storage has flagged Feb. 25, 2026 as its planned earnings date for fiscal fourth-quarter results, while noting the date is approximate for planning purposes.
Later Monday, the National Association of Realtors is scheduled to release its pending home sales index for November at 10 a.m. Eastern, a data point markets watch as a read on housing demand and interest-rate sensitivity.
