Thesis: technology, analyst: kerrisdale-capital, sector: tech-hardware.
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More ... latest change: 2026-02-28
Kerrisdale Capital published on Pure Storage (NYSE: PSTG — $26.9 billion), an all-flash data storage company. Kerrisdale says the company has “gone from disruptor to disrupted” and that its “core enterprise storage products face declining differentiation.” Kerrisdale highlighted recent investments from NVIDIA and Google in VAST Data and wrote,
“Despite its perception as a disruptive high-performance pure play, PSTG is poorly positioned to capitalize on cloud or AI infrastructure spend themes. NetApp is arguably better positioned for each, delivers superior profitability, and trades at half the price.”
Last updated: 2026-03-07 by automated standardization process