Pure Storage, Inc. (NYSE:PSTG) Earnings Preview and Industry Comparison
Financial Modeling Prep·2025-11-28 16:00

Core Insights - Pure Storage, Inc. (PSTG) is preparing to release its quarterly earnings on December 2, 2025, with an expected EPS of $0.59 and revenue of approximately $955.5 million [1][6] - Western Digital Corporation (WDC) is experiencing strong momentum in the AI-driven storage solutions market, evidenced by a 23% year-over-year increase in shipments, totaling 204 exabytes [2][6] - The global data storage market is projected to reach $1.3 trillion by 2033, growing at a CAGR of 16.44% from 2025 to 2033, presenting significant growth opportunities for both PSTG and WDC [4][6] Company Comparisons - WDC's valuation is more attractive, trading at 19.45 times forward earnings, compared to PSTG's 82.84 times, indicating a preference among investors for WDC [3] - PSTG has a high P/E ratio of 201.86, suggesting a willingness to pay over 200 times its earnings, while maintaining a low debt-to-equity ratio of 0.17, reflecting a conservative leverage approach [3] - PSTG's current ratio of 1.58 indicates good liquidity to cover short-term liabilities, supporting its ability to navigate the expanding market [4] Financial Metrics - PSTG's enterprise value to sales ratio is 8.17, and its enterprise value to operating cash flow ratio is 34.17, reflecting its valuation in relation to sales and cash flow [5] - The earnings yield for PSTG is 0.50%, representing the percentage of each dollar invested in equity that was earned by the company [5]