15 AI Stocks That Are Dominating Headlines

13. Pure Storage, Inc. (NYSE:PSTG)

Market Capitalization: $16 Billion   

Pure Storage, Inc. (NYSE:PSTG) provides data storage technologies, products, and services in the United States and internationally. On November 13, Evercore ISI maintained an Outperform rating on the stock with a price target of $70. In an investor note, the advisory highlighted the PSTG strategic investment in GPU cloud provider CoreWeave, noting that investors appear to view the CoreWeave partnership as disappointing compared to the likes of a tier-1 hyperscaler such as Microsoft’s Azure, Amazon’s AWS, Alphabet’s GCP, or Meta. However, the advisory thinks the deal at scale, in the 2026/2027 timeframe, could result in sizable revenue/EPS contributions for Pure, which could help Pure sustain or accelerate double-digit top-line growth in the out-years.