Pure Storage Earnings: Can They Keep the Momentum?

Will Pure Storage continue its winning streak? Investors are watching closely as the data storage giant prepares to release earnings on August 26. After a strong prior quarter with revenue exceeding $778 million, analysts predict $846 million this quarter. With a history of surpassing expectations and a stable investor outlook, can Pure Storage maintain its momentum in a market fueled by AI-driven demand? The answer could significantly impact its stock, currently trading below the average analyst price target. Hosted on Acast. See acast.com/privacy for more information.