Pure Storage Stock Forward View - Triple Exponential Smoothing
| PSTG Stock | USD 64.28 2.99 4.44% |
Pure Stock outlook is based on your current time horizon. We suggest 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 6th of February 2026 the relative strength index (rsi) of Pure Storage's share price is below 20 indicating that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
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 68.7331 | Short Percent 0.0337 | Short Ratio 2.39 | Shares Short Prior Month 8.9 M | 50 Day MA 72.5202 |
Pure Relative Strength Index
The Triple Exponential Smoothing forecasted value of Pure Storage on the next trading day is expected to be 63.72 with a mean absolute deviation of 2.47 and the sum of the absolute errors of 148.21.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 | 0.58 |
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 Triple Exponential Smoothing forecasted value of Pure Storage on the next trading day is expected to be 63.72 with a mean absolute deviation of 2.47 and the sum of the absolute errors of 148.21. Pure Storage after-hype prediction price | USD 64.28 |
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. 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 0.0363% per day over the life of the 2026-05-15 option contract. With Pure Storage trading at USD 64.28, that is roughly USD 0.0233 . 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 0.58%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Open Interest Against 2026-05-15 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Pure Storage Triple Exponential Smoothing Price Forecast For the 7th of February
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Pure Storage on the next trading day is expected to be 63.72 with a mean absolute deviation of 2.47, mean absolute percentage error of 18.57, and the sum of the absolute errors of 148.21.Please note that although there have been many attempts to predict Pure Stock prices using its time series forecasting, we generally do not suggest 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 | Research Analysis |
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 58.92 and 68.53, 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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Triple 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.| AIC | Akaike Information Criteria | Huge |
| Bias | Arithmetic mean of the errors | 0.6482 |
| MAD | Mean absolute deviation | 2.4702 |
| MAPE | Mean absolute percentage error | 0.0333 |
| SAE | Sum of the absolute errors | 148.2107 |
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.
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 59.52 and 69.04, 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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
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 Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.48 | 4.80 | 0.68 | 0.06 | 10 Events / Month | 6 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
64.28 | 64.28 | 0.00 |
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Pure Storage Hype Timeline
Pure Storage is at this time traded for 64.28. The entity has historical hype elasticity of -0.68, and average elasticity to hype of competition of 0.06. 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 over 100%. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is at this time at -0.48%. %. The volatility of related hype on Pure Storage is about 3934.43%, with the expected price after the next announcement by competition of 64.34. About 86.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.67. 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 10 days. Check out Historical Fundamental Analysis of Pure Storage to cross-verify your projections.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.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| SMCI | Super Micro Computer | 0.37 | 9 per month | 0.00 | (0.19) | 5.77 | (6.60) | 14.71 | |
| ALAB | Astera Labs | (4.25) | 12 per month | 0.00 | (0.06) | 6.69 | (8.74) | 23.31 | |
| FIS | Fidelity National Information | (0.45) | 9 per month | 0.00 | (0.19) | 1.92 | (3.05) | 11.88 | |
| CRDO | Credo Technology Group | (2.82) | 8 per month | 0.00 | (0.19) | 8.29 | (9.08) | 25.91 | |
| HPE | Hewlett Packard Enterprise | (0.04) | 11 per month | 0.00 | (0.05) | 2.85 | (4.17) | 9.60 | |
| KEYS | Keysight Technologies | 3.88 | 10 per month | 1.54 | 0.13 | 2.87 | (2.83) | 13.11 | |
| HPQ | HP Inc | 0.16 | 10 per month | 0.00 | (0.23) | 2.85 | (4.01) | 10.78 | |
| NTAP | NetApp Inc | 0.96 | 9 per month | 0.00 | (0.13) | 3.17 | (2.89) | 13.30 | |
| ERIC | Telefonaktiebolaget LM Ericsson | (0.04) | 8 per month | 1.35 | 0.05 | 2.40 | (1.89) | 10.94 | |
| SNDK | Sandisk Corp | 3.45 | 8 per month | 6.20 | 0.24 | 15.31 | (13.96) | 43.52 |
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.
| Accumulation Distribution | 140590.0 | |||
| Daily Balance Of Power | (0.99) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 65.54 | |||
| Day Typical Price | 65.12 | |||
| Price Action Indicator | (2.75) | |||
| Period Momentum Indicator | (2.99) |
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.
| Mean Deviation | 2.99 | |||
| Standard Deviation | 4.65 | |||
| Variance | 21.65 |
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.
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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 Outstanding | 342.7 M | |
| Cash And Short Term Investments | 1.5 B |
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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Can Technology Hardware, Storage & Peripherals industry sustain growth momentum? Does Pure have expansion opportunities? Factors like these will boost the valuation of Pure Storage. Anticipated expansion of Pure directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Pure Storage demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth (0.16) | Earnings Share 0.38 | Revenue Per Share | Quarterly Revenue Growth 0.16 | Return On Assets |
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. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. 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.
It's important to distinguish between Pure Storage's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Pure Storage should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Pure Storage's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.