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Pure Storage (PSTG) Competitors

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$52.44 -0.44 (-0.83%)
As of 02:28 PM Eastern
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PSTG vs. HPQ, SMCI, HPE, STX, LOGI, PAR, DBD, VYX, ATEN, and CRSR

Should you be buying Pure Storage stock or one of its competitors? The main competitors of Pure Storage include HP (HPQ), Super Micro Computer (SMCI), Hewlett Packard Enterprise (HPE), Seagate Technology (STX), Logitech International (LOGI), PAR Technology (PAR), Diebold Nixdorf (DBD), NCR Voyix (VYX), A10 Networks (ATEN), and Corsair Gaming (CRSR). These companies are all part of the "computer hardware" industry.

Pure Storage vs.

Pure Storage (NYSE:PSTG) and HP (NYSE:HPQ) are both large-cap computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their risk, earnings, media sentiment, valuation, institutional ownership, dividends, community ranking, analyst recommendations and profitability.

Pure Storage presently has a consensus price target of $73.20, suggesting a potential upside of 38.40%. HP has a consensus price target of $36.14, suggesting a potential upside of 24.63%. Given Pure Storage's stronger consensus rating and higher possible upside, equities research analysts clearly believe Pure Storage is more favorable than HP.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Pure Storage
1 Sell rating(s)
6 Hold rating(s)
15 Buy rating(s)
0 Strong Buy rating(s)
2.64
HP
1 Sell rating(s)
10 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

HP received 738 more outperform votes than Pure Storage when rated by MarketBeat users. However, 70.91% of users gave Pure Storage an outperform vote while only 60.48% of users gave HP an outperform vote.

CompanyUnderperformOutperform
Pure StorageOutperform Votes
763
70.91%
Underperform Votes
313
29.09%
HPOutperform Votes
1501
60.48%
Underperform Votes
981
39.52%

HP has higher revenue and earnings than Pure Storage. HP is trading at a lower price-to-earnings ratio than Pure Storage, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Pure Storage$3.17B5.45$61.31M$0.30176.30
HP$53.88B0.51$2.78B$2.7810.43

83.4% of Pure Storage shares are owned by institutional investors. Comparatively, 77.5% of HP shares are owned by institutional investors. 6.0% of Pure Storage shares are owned by company insiders. Comparatively, 0.4% of HP shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

In the previous week, HP had 7 more articles in the media than Pure Storage. MarketBeat recorded 35 mentions for HP and 28 mentions for Pure Storage. Pure Storage's average media sentiment score of 1.12 beat HP's score of 1.10 indicating that Pure Storage is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Pure Storage
15 Very Positive mention(s)
0 Positive mention(s)
8 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
HP
23 Very Positive mention(s)
2 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

HP has a net margin of 5.18% compared to Pure Storage's net margin of 4.22%. Pure Storage's return on equity of 16.06% beat HP's return on equity.

Company Net Margins Return on Equity Return on Assets
Pure Storage4.22% 16.06% 5.93%
HP 5.18%-253.39%8.83%

Pure Storage has a beta of 1.09, indicating that its stock price is 9% more volatile than the S&P 500. Comparatively, HP has a beta of 1.09, indicating that its stock price is 9% more volatile than the S&P 500.

Summary

Pure Storage beats HP on 10 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PSTG vs. The Competition

MetricPure StorageComputer storage devices IndustryComputer SectorNYSE Exchange
Market Cap$17.25B$14.18B$24.13B$19.74B
Dividend YieldN/A2.76%2.80%3.75%
P/E Ratio139.1936.6943.1334.14
Price / Sales5.452.422,335.9328.93
Price / Cash78.8958.4434.6317.54
Price / Book12.6510.336.384.65
Net Income$61.31M$108.60M$734.58M$1.02B
7 Day Performance6.09%-0.75%1.80%1.47%
1 Month Performance-13.79%-6.00%49,628.45%-0.75%
1 Year Performance0.40%-2.32%52,588.06%7.33%

Pure Storage Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PSTG
Pure Storage
4.6255 of 5 stars
$52.44
-0.8%
$73.20
+39.6%
+1.3%$17.13B$3.17B138.145,600Analyst Revision
Positive News
HPQ
HP
4.9814 of 5 stars
$28.93
+1.8%
$36.14
+24.9%
-3.5%$27.27B$53.88B10.2958,000Positive News
SMCI
Super Micro Computer
4.8322 of 5 stars
$41.91
-0.6%
$52.57
+25.4%
-57.1%$25.03B$20.82B21.175,126Analyst Downgrade
HPE
Hewlett Packard Enterprise
4.9978 of 5 stars
$15.85
+1.5%
$21.27
+34.1%
-5.0%$20.88B$31.23B8.3661,000Positive News
STX
Seagate Technology
4.867 of 5 stars
$90.43
+2.9%
$121.56
+34.4%
-0.2%$19.20B$8.04B16.5830,000Positive News
LOGI
Logitech International
3.1442 of 5 stars
$90.44
+0.9%
$100.14
+10.7%
+0.8%$14.31B$4.56B21.252,700Positive News
PAR
PAR Technology
2.91 of 5 stars
$61.65
+5.0%
$81.86
+32.8%
+55.9%$2.48B$349.98M-246.431,480Positive News
DBD
Diebold Nixdorf
4.57 of 5 stars
$43.46
+1.9%
$70.00
+61.1%
+25.7%$1.64B$3.75B-98.9621,000
VYX
NCR Voyix
2.7749 of 5 stars
$10.26
+5.9%
$15.50
+51.1%
-22.5%$1.42B$2.83B2.3735,000Analyst Forecast
News Coverage
Positive News
ATEN
A10 Networks
3.2732 of 5 stars
$17.73
+5.2%
$21.00
+18.4%
+28.2%$1.31B$261.70M26.53580Gap Up
High Trading Volume
CRSR
Corsair Gaming
3.6119 of 5 stars
$10.33
-1.8%
$10.14
-1.8%
-16.2%$1.08B$1.32B-10.892,480Positive News
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This page (NYSE:PSTG) was last updated on 3/25/2025 by MarketBeat.com Staff
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