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. [1]
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. [2]
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. [3]
Pure Storage closed at $69.28 on Friday, up 3.42% from the prior close, according to the company’s investor relations quote page. [4]
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. [5]
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. [6]
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. [7]
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. [8]
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. [9]
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. [10]
“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. [11]
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. [12]
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. [13]
References
1. www.google.com, 2. investor.purestorage.com, 3. www.nar.realtor, 4. investor.purestorage.com, 5. investor.purestorage.com, 6. investor.purestorage.com, 7. investor.purestorage.com, 8. investor.purestorage.com, 9. investor.purestorage.com, 10. investor.purestorage.com, 11. investor.purestorage.com, 12. s21.q4cdn.com, 13. www.nar.realtor
