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Two Blokes Fri at 5:15 AM -
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Pure Storage's Meta Platforms win validates its AI storage leadership and could unlock further hyperscaler contracts, driving long-term growth potential. AI adoption is fueling demand for high-performance, scalable storage, positioning Pure Storage for double-digit revenue growth over the next decade. Despite strong fundamentals, Pure Storage appears overvalued in the near term, with a premium P/S ratio compared to historical medians and a high FY2026 forward PEG ratio.
