Pure Storage Added to S&P 500 Index Amid Growth Targets
1 report, 1 independent
Updated Thu 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Pure Storage was added to the S&P 500 index on September 24, 2026. The company, which was previously known as Everpure, saw its shares rise 11% on Thursday. This inclusion followed analyst days where Pure Storage laid out longer-term financial targets.
From morningstar.com
Why it matters
The market welcomed the inclusion, which analysts said helped reinforce a positive narrative shift for the company. Management noted that the company is entering a new phase, with growth expectations of 39% to 45% revenue growth for the fiscal year ending in January 2028.
From morningstar.com
Who's involved
- Pure StorageUS company whose inclusion in the S&P 500 was announced.
- MetaStrategic partner; Pure Storage supplies primary storage technology for Meta's infrastructure.
- NutanixStrategic partner; functionally integrated with Pure Storage through joint solutions.
- Charles GiancarloChairman and CEO of Pure Storage.
- GartnerOrganization that recognized Pure Storage as a Leader in its Magic Quadrant report.
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The entities involved
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Pure Storage
US company
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