NEW YORK, Dec. 27, 2025, 5:35 a.m. ET, Market closed — Pure Storage, Inc. (NYSE: PSTG) heads into the weekend after a solid Friday bounce, even as the broader U.S. market cooled slightly in thin post-holiday trading. With the New York Stock Exchange shut for the weekend and set to reopen Monday, investors are parsing a cluster of fresh estimate updates, ownership filings, and insider-trade disclosures that hit the tape over the past 24–48 hours.
Pure Storage stock price: where PSTG stands as the market is closed
Pure Storage stock last showed $69.28, up $2.29 (+3.42%) on Friday’s regular session, with 2.12 million shares traded. Friday’s range ran from $66.75 to $69.48, and the company’s published 52-week range sits at $34.51 to $100.59. [1]
In late Friday trading, quotes were little changed around $69 in after-hours activity (which matters less now that markets are closed, but can shape sentiment going into Monday’s premarket). [2]
Friday’s move came as Wall Street ended the post-Christmas session fractionally lower in low-volume conditions, snapping a short winning streak while still notching weekly gains. [3]
The last 24–48 hours: what’s new on Pure Storage (PSTG)
Newsflow around Pure Storage over the past two days has been less about new product launches and more about the classic year-end market mix: light liquidity, estimate nudges, and filings.
1) Zacks lifts a near-term EPS estimate
A MarketBeat report published Dec. 25 says Zacks Research raised its Q4 FY2026 EPS estimate to $0.25 from $0.22, while also noting an estimate for Q2 FY2027 EPS of $0.13 and referencing a consensus full-year EPS of $0.44. [4]
2) Institutional ownership headline: Osaic boosts its stake
Another Dec. 25 filing-focused update highlighted Osaic Holdings Inc. increasing its Pure Storage position by 34.7% (to 68,307 shares) based on a reported SEC filing. The same report noted that institutions and hedge funds hold a large share of the float (about 83% in its tally), a factor that can amplify price moves when liquidity thins around holidays. [5]
3) Insider trading: what Ajay Singh’s Form 4 actually says
Pure Storage’s Chief Product Officer Ajay Singh filed a Form 4 showing two key items:
- 12/20/2025:7,038 shares withheld by the issuer to cover tax obligations tied to vesting/net settlement (explicitly not a market sale).
- 12/23/2025:7,178 shares sold at a weighted average price of $67.14, leaving 215,091 shares beneficially owned after the transaction. The filing also notes the sale occurred in multiple transactions ranging $67.09 to $67.15. [6]
Separately, earlier-December coverage from Refinitiv/Reuters also pointed to a significant insider sale by company cofounder and executive John Colgrove: 100,000 shares at $71.31 (reported as executed under a 10b5-1 plan). [7]
Fundamentals backdrop: the earnings picture investors keep coming back to
While the newest headlines are filing-driven, the fundamental anchor for Pure Storage remains its most recent quarterly results and outlook.
In its fiscal Q3 2026 earnings release (quarter ended Nov. 2, 2025), Pure Storage reported:
- Revenue: $964.5 million (+16% YoY)
- Subscription services revenue: $429.7 million (+14% YoY)
- Subscription ARR: $1.8 billion (+17% YoY)
- RPO: $2.9 billion (+24% YoY)
- Non-GAAP operating income: $196.2 million (20.3% margin)
- Cash, cash equivalents, and marketable securities: $1.5 billion
- Share repurchases: about $53 million (0.6 million shares) returned to stockholders during Q3 [8]
Management also framed the quarter around enterprise demand for “data accessibility” in the AI era, emphasizing the company’s Enterprise Data Cloud narrative. [9]
On forward guidance, an earnings-call transcript summary published by Investing.com reported Pure Storage’s outlook as:
- Q4 revenue:$1.02B to $1.04B
- Q4 operating profit:$220M to $230M
- FY2026 revenue:$3.63B to $3.64B
- FY2026 operating profit:$629M to $639M [10]
Buyback signal: $400 million added to repurchase authorization
One of the bigger capital-return headlines still shaping medium-term sentiment is Pure Storage’s $400 million incremental share repurchase authorization announced Dec. 10. The company said the new approval is in addition to roughly $20 million remaining under a prior $250 million program, and emphasized that the repurchase program has no expiration date and can be executed opportunistically. [11]
Analyst forecasts and price targets: what Wall Street is modeling for PSTG
From an expectations standpoint, Pure Storage’s current setup is basically a tug-of-war between (a) strong growth/recurring-revenue messaging and (b) a stock that’s still well off its highs.
Consensus stance (aggregated): MarketBeat’s analyst compilation shows a “Moderate Buy” consensus rating, with 13 Buy, 6 Hold, and 1 Sell among 20 analyst ratings, and an average 12‑month price target of $95.26. [12]
At Friday’s $69.28 close, that implies roughly ~37% upside to the consensus target (purely arithmetic, not a promise). [13]
A separate aggregation from Fintel places the average one-year price target at $96.42, with forecasts ranging from $60.60 to $126.00 (methodologies differ across aggregators, so ranges can vary). [14]
If you’re watching Monday: what to know before the next session
Because it’s Saturday, U.S. equity markets are closed and Pure Storage won’t have meaningful price discovery again until Monday, Dec. 29, starting with premarket and then regular trading. [15]
Here are the practical “Monday setup” items investors tend to watch for PSTG in this specific year-end context:
1) Holiday-thin liquidity can exaggerate moves
Friday’s session was already described as light, post-holiday trading with limited catalysts. That dynamic often persists into the final sessions of the year, making breakouts or breakdowns more likely to overshoot in either direction. [16]
2) Macro calendar risk is back on deck next week
Reuters’ week-ahead report highlighted markets’ focus on the Federal Reserve outlook and upcoming catalysts, including the release of minutes from the Fed’s December meeting next week. [17]
MarketWatch’s economic calendar also flags items such as pending home sales (Monday) and S&P Case-Shiller home prices (Tuesday) among the scheduled releases. [18]
3) Stock-specific reference levels: Friday’s close vs. the year’s range
Pure Storage’s posted 52-week high is $100.59 and low is $34.51, with Friday’s close at $69.28—a reminder that the stock is still far below its peak even after Friday’s bounce. [19]
In practice, traders will often treat Friday’s intraday high ($69.48) and prior close ($66.99) as near-term reference points for Monday’s first few hours. [20]
4) Filings still matter even when the market is closed
Over weekends, investors often scan for late-posted SEC documents, follow-on coverage of insider trades (like Singh’s Form 4), and any incremental analyst note that could show up before Monday’s bell. The most concrete insider details in this cycle are already on the record in the SEC filing itself. [21]
The bottom line for Pure Storage (PSTG) heading into Monday
Pure Storage enters the weekend with momentum from Friday’s gain, while the broader market remains near highs after a strong 2025 despite a quiet post-holiday dip. [22]
In the last 24–48 hours, the most actionable “new” signals for PSTG watchers are: an EPS estimate lift attributed to Zacks, a fresh institutional filing summary, and a detailed insider Form 4 that distinguishes between tax-withholding activity and an open-market sale. [23]
Monday’s reopening will tell investors whether Friday’s bounce was simply a holiday-liquidity pop—or the start of a more durable reset as the market heads into the final trading days of 2025 and the first week of 2026. [24]
References
1. investor.purestorage.com, 2. finance.yahoo.com, 3. www.reuters.com, 4. www.marketbeat.com, 5. www.marketbeat.com, 6. www.sec.gov, 7. www.tradingview.com, 8. investor.purestorage.com, 9. investor.purestorage.com, 10. www.investing.com, 11. investor.purestorage.com, 12. www.marketbeat.com, 13. investor.purestorage.com, 14. fintel.io, 15. www.nyse.com, 16. www.reuters.com, 17. www.reuters.com, 18. www.marketwatch.com, 19. investor.purestorage.com, 20. investor.purestorage.com, 21. www.sec.gov, 22. www.reuters.com, 23. www.marketbeat.com, 24. www.reuters.com
