Pure Storage Stock Forecast - Simple Exponential Smoothing

PSTG Stock  USD 69.75  1.67  2.34%   
Pure Stock outlook is based on your current time horizon. We recommend always using this module together with an analysis of Pure Storage's historical fundamentals, such as revenue growth or operating cash flow patterns.
As of 26th of January 2026, the relative strength index (RSI) of Pure Storage's share price is approaching 44 indicating that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Pure Storage, making its price go up or down.

Momentum 44

 Sell Extended

 
Oversold
 
Overbought
The successful prediction of Pure Storage's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Pure Storage and does not consider all of the tangible or intangible factors available from Pure Storage's fundamental data. We analyze noise-free headlines and recent hype associated with Pure Storage, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Pure Storage's stock price prediction:
Quarterly Earnings Growth
(0.16)
EPS Estimate Current Year
1.9434
EPS Estimate Next Year
2.2787
Wall Street Target Price
95.1579
EPS Estimate Current Quarter
0.5842
Using Pure Storage hype-based prediction, you can estimate the value of Pure Storage from the perspective of Pure Storage response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Pure Storage using Pure Storage's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Pure using crowd psychology based on the activity and movement of Pure Storage's stock price.

Pure Storage Short Interest

A significant increase or decrease in Pure Storage's short interest from the previous month could be a good indicator of investor sentiment towards Pure. Short interest can provide insight into the potential direction of Pure Storage stock and how bullish or bearish investors feel about the market overall.
200 Day MA
67.677
Short Percent
0.0333
Short Ratio
1.71
Shares Short Prior Month
9.1 M
50 Day MA
74.3364

Pure Relative Strength Index

The Simple Exponential Smoothing forecasted value of Pure Storage on the next trading day is expected to be 69.88 with a mean absolute deviation of 2.36 and the sum of the absolute errors of 141.37.

Pure Storage Hype to Price Pattern

Investor biases related to Pure Storage's public news can be used to forecast risks associated with an investment in Pure. The trend in average sentiment can be used to explain how an investor holding Pure can time the market purely based on public headlines and social activities around Pure Storage. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Pure Storage's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Pure Storage.

Pure Storage Implied Volatility

    
  0.77  
Pure Storage's implied volatility exposes the market's sentiment of Pure Storage stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Pure Storage's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Pure Storage stock will not fluctuate a lot when Pure Storage's options are near their expiration.
The Simple Exponential Smoothing forecasted value of Pure Storage on the next trading day is expected to be 69.88 with a mean absolute deviation of 2.36 and the sum of the absolute errors of 141.37.

Pure Storage after-hype prediction price

    
  USD 69.75  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Pure Storage to cross-verify your projections.
For more detail on how to invest in Pure Stock please use our How to Invest in Pure Storage guide.

Prediction based on Rule 16 of the current Pure contract

Based on the Rule 16, the options market is currently suggesting that Pure Storage will have an average daily up or down price movement of about 0.0481% per day over the life of the 2026-03-20 option contract. With Pure Storage trading at USD 69.75, that is roughly USD 0.0336 . If you think that the market is fully incorporating Pure Storage's daily price movement you should consider acquiring Pure Storage options at the current volatility level of 0.77%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Open Interest Against 2026-03-20 Pure Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Pure Storage's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Pure Storage's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Pure Storage stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Pure Storage's open interest, investors have to compare it to Pure Storage's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Pure Storage is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Pure. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.

Pure Storage Additional Predictive Modules

Most predictive techniques to examine Pure price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Pure using various technical indicators. When you analyze Pure charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Pure Storage simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Pure Storage are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Pure Storage prices get older.

Pure Storage Simple Exponential Smoothing Price Forecast For the 27th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Pure Storage on the next trading day is expected to be 69.88 with a mean absolute deviation of 2.36, mean absolute percentage error of 16.15, and the sum of the absolute errors of 141.37.
Please note that although there have been many attempts to predict Pure Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Pure Storage's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Pure Storage Stock Forecast Pattern

Backtest Pure Storage  Pure Storage Price Prediction  Buy or Sell Advice  

Pure Storage Forecasted Value

In the context of forecasting Pure Storage's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Pure Storage's downside and upside margins for the forecasting period are 65.14 and 74.62, respectively. We have considered Pure Storage's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
69.75
69.88
Expected Value
74.62
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Pure Storage stock data series using in forecasting. Note that when a statistical model is used to represent Pure Storage stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria119.0545
BiasArithmetic mean of the errors 0.5855
MADMean absolute deviation2.3561
MAPEMean absolute percentage error0.0309
SAESum of the absolute errors141.3654
This simple exponential smoothing model begins by setting Pure Storage forecast for the second period equal to the observation of the first period. In other words, recent Pure Storage observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Pure Storage

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pure Storage. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pure Storage's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
65.0569.7574.45
Details
Intrinsic
Valuation
LowRealHigh
59.1263.8276.73
Details
Bollinger
Band Projection (param)
LowMiddleHigh
65.0169.5274.04
Details
21 Analysts
Consensus
LowTargetHigh
86.5995.16105.63
Details

Pure Storage After-Hype Price Density Analysis

As far as predicting the price of Pure Storage at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Pure Storage or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Pure Storage, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Pure Storage Estimiated After-Hype Price Volatility

In the context of predicting Pure Storage's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Pure Storage's historical news coverage. Pure Storage's after-hype downside and upside margins for the prediction period are 65.05 and 74.45, respectively. We have considered Pure Storage's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
69.75
69.75
After-hype Price
74.45
Upside
Pure Storage is very steady at this time. Analysis and calculation of next after-hype price of Pure Storage is based on 3 months time horizon.

Pure Storage Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Pure Storage is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Pure Storage backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Pure Storage, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.39 
4.74
  1.73 
  1.60 
8 Events / Month
6 Events / Month
In about 8 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
69.75
69.75
0.00 
106.76  
Notes

Pure Storage Hype Timeline

Pure Storage is at this time traded for 69.75. The entity has historical hype elasticity of 1.73, and average elasticity to hype of competition of 1.6. Pure is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 106.76%. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is at this time at -0.39%. %. The volatility of related hype on Pure Storage is about 115.86%, with the expected price after the next announcement by competition of 71.35. About 87.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.66. Pure Storage had not issued any dividends in recent years. Given the investment horizon of 90 days the next anticipated press release will be in about 8 days.
Check out Historical Fundamental Analysis of Pure Storage to cross-verify your projections.
For more detail on how to invest in Pure Stock please use our How to Invest in Pure Storage guide.

Pure Storage Related Hype Analysis

Having access to credible news sources related to Pure Storage's direct competition is more important than ever and may enhance your ability to predict Pure Storage's future price movements. Getting to know how Pure Storage's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Pure Storage may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
SMCISuper Micro Computer 2.92 8 per month 0.00 (0.22) 5.77 (6.60) 18.12 
ALABAstera Labs(8.24)11 per month 5.41  0.03  7.93 (8.44) 24.41 
FISFidelity National Information(0.66)9 per month 0.00 (0.15) 1.92 (3.03) 7.89 
CRDOCredo Technology Group 7.32 12 per month 0.00 (0.03) 10.04 (7.23) 23.45 
HPEHewlett Packard Enterprise(0.47)9 per month 0.00 (0.08) 2.85 (4.17) 9.92 
KEYSKeysight Technologies 0.06 2 per month 1.33  0.16  2.87 (2.83) 13.11 
HPQHP Inc(0.26)9 per month 0.00 (0.28) 2.73 (3.97) 10.78 
NTAPNetApp Inc 0.56 9 per month 0.00 (0.17) 2.31 (2.89) 13.30 
ERICTelefonaktiebolaget LM Ericsson 0.06 8 per month 1.29  0.04  3.48 (1.65) 8.46 
SNDKSandisk Corp 39.62 7 per month 5.43  0.25  15.31 (7.88) 36.75 

Other Forecasting Options for Pure Storage

For every potential investor in Pure, whether a beginner or expert, Pure Storage's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Pure Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Pure. Basic forecasting techniques help filter out the noise by identifying Pure Storage's price trends.

Pure Storage Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Pure Storage stock to make a market-neutral strategy. Peer analysis of Pure Storage could also be used in its relative valuation, which is a method of valuing Pure Storage by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Pure Storage Market Strength Events

Market strength indicators help investors to evaluate how Pure Storage stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pure Storage shares will generate the highest return on investment. By undertsting and applying Pure Storage stock market strength indicators, traders can identify Pure Storage entry and exit signals to maximize returns.

Pure Storage Risk Indicators

The analysis of Pure Storage's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Pure Storage's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pure stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Story Coverage note for Pure Storage

The number of cover stories for Pure Storage depends on current market conditions and Pure Storage's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Pure Storage is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Pure Storage's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Pure Storage Short Properties

Pure Storage's future price predictability will typically decrease when Pure Storage's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Pure Storage often depends not only on the future outlook of the potential Pure Storage's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Pure Storage's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding342.7 M
Cash And Short Term Investments1.5 B
When determining whether Pure Storage is a strong investment it is important to analyze Pure Storage's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pure Storage's future performance. For an informed investment choice regarding Pure Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Pure Storage to cross-verify your projections.
For more detail on how to invest in Pure Stock please use our How to Invest in Pure Storage guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pure Storage. If investors know Pure will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pure Storage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.16)
Earnings Share
0.38
Revenue Per Share
10.636
Quarterly Revenue Growth
0.16
Return On Assets
0.0108
The market value of Pure Storage is measured differently than its book value, which is the value of Pure that is recorded on the company's balance sheet. Investors also form their own opinion of Pure Storage's value that differs from its market value or its book value, called intrinsic value, which is Pure Storage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pure Storage's market value can be influenced by many factors that don't directly affect Pure Storage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pure Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pure Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pure Storage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.