Tag: PSTG
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Pure Storage (PSTG) Changes Name to Everpure and Adopts Hyperscaler: What Is the Current Stock Price Outlook?
Pure Storage (PSTG · Everpure) 12-month baseline target price $75 (approx. 114,750 KRW) · Investment opinion: Hold. Although growth is accelerating with Q1 FY2027 revenue of $1.053 billion (approx. 1.61 trillion KRW, +35%) and driven by the adoption of hyperscaler large-sized flash, we analyze a phase where upside potential is limited as revaluation has already significantly progressed, reflected in forward P/E of approximately 28.7x and Price/FCF of approximately 47x. Base exchange rate: 1 USD = 1,530 KRW (2026-07-03).