Pure Storage, Inc. (PSTG): A Bull Case Theory

We came across a bullish thesis on Pure Storage, Inc. on Disruptive analytics’s Substack by Magnus Ofstad. In this article, we will summarize the bulls’ thesis on PSTG. Pure Storage, Inc.'s share was trading at $77.61 as of August 29^th. PSTG’s trailing and forward P/E were 190.20 and 41.15 respectively according to Yahoo Finance.

Pure Storage (PSTG) has rewarded investors with strong returns, up 112% over the past two years, though its trajectory has been volatile. The company delivered robust Q2 2025 results, with revenue climbing 13% year-over-year to $861 million, surpassing...