Pure Storage Margin To Expand From NAND Pricing Weakness: Analyst

B of A Securities analyst Wamsi Mohan revised full-year estimates for Pure Storage, Inc. PSTG ahead of its earnings release on May 28.The analyst forecasts first quarter fiscal 2026 revenue and EPS at $772 million and 26 cents, respectively, slightly ahead of Street expectations of$770 million and 25 cents.The analyst highlighted that the first quarter is typically the company’s weakest from a seasonal perspective. Historically, since 2016, the first quarter has shown an average sequential revenue decline ...