Shareholders will be ecstatic, with their stake up 36% over the past week following Pure Storage, Inc.'s (NYSE:PSTG) latest yearly results. Revenues were US$2.8b, approximately in line with whatthe analysts expected, although statutory earnings per share (EPS) crushed expectations, coming in at US$0.19, an impressive 33% ahead of estimates. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

See our latest analysis for Pure Storage

Taking into account the latest results, the most recent consensus for Pure Storage from 17 analysts is for revenues of US$3.12b in 2025. If met, it would imply a meaningful 10% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to surge 192% to US$0.57. In the lead-up to this report, the analysts had been modelling revenues of US$3.15b and earnings per share (EPS) of US$0.44 in 2025. There was no real change to the revenue estimates, but the analysts do seem more bullish on earnings, given the sizeable expansion in earnings per share expectations following these results.

The consensus price target rose 17% to US$50.41, suggesting that higher earnings estimates flow through to the stock's valuation as well. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. The most optimistic Pure Storage analyst has a price target of US$60.00 per share, while the most pessimistic values it at US$40.00. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await Pure Storage shareholders.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We would highlight that Pure Storage's revenue growth is expected to slow, with the forecast 10% annualised growth rate until the end of 2025 being well below the historical 16% p.a. growth over the last five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 4.7% per year. Even after the forecast slowdown in growth, it seems obvious that Pure Storage is also expected to grow faster than the wider industry.