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Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
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  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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Pure Storage Stock Spikes and Analysts are Jumping on Board

Pure Storage logo close-up on website page

Pure Storage Inc. (NYSE: PSTG) delivered a stellar first-quarter earnings report after the market closed on May 29, 2024. Not surprisingly, PSTG stock was up more than 2% the day after the report, and analysts are quickly expressing a bullish sentiment that may drive the stock even higher.  

In the quarter, revenue of $693.48 million exceeded estimates for $680.91 by 1.85% and was 18% higher year-over-year (YOY). However, it was the earnings that really got investors excited. The 32 cents per share was 52% higher than the 21 cents per share that was expected. The company's annual recurring revenue continues to grow at an impressive YOY clip, 25% to be exact.  

The company's forward guidance was also bullish, with estimates for 10.5% revenue growth and operating margin growth of 17% on a non-GAAP basis.   

Where Does All That Data Go? Pure Storage Has an Answer

Even if you're new to technology, it's easy to grasp that training AI models requires data. And not just a small amount—these models need vast quantities of data, often on a massive scale.

So, a logical question is, where does all that data go? Pure Storage helps answer that question. The company offers flash memory-based server storage solutions with advanced management software that help companies access AI-driven insights.  

Flash storage is becoming known as the next-gen data center. The technology offers faster access times, improved energy efficiency, greater storage density, and improved reliability compared to traditional data centers. However, the company's solutions can also work in tandem with a company's existing data centers.  

Analysts Are Upgrading Their Price Targets for Pure Storage

If the chip sector is the leading edge when it comes to investing in the future of AI, data storage won't be far behind. Analysts know it, and that's why they're getting behind PSTG stock in a big way.  

Wedbush reiterated its Outperform rating for the stock the day before earnings and raised its price target from $50 to $70. Since then, the Pure Storage analyst ratings on MarketBeat show that four analysts have increased their price targets for PSTG stock. That list includes Northland Securities, which downgraded the stock from Outperform to Sector Perform but still raised the target price.  

It's also significant to note that the lowest of these price targets is 19% higher than the current consensus price target. 

Getting Involved with PSTG Stock 

There are better options if you're looking for a pure-play among artificial intelligence stocks. But if you're looking for stocks critical to building out the AI infrastructure, there appears to be more upside in PSTG stock.  

Pure Storage is up more than 76% in 2024, with much of that gain occuring after the company's fourth-quarter earnings report in February. At that time, the stock gapped up about 35%. But this is when you must return to the analyst's updates. The highest of the price targets is $80. That would be an increase of 28%, suggesting that a move of approximately the same magnitude could happen again.  

Pure Storage stock chart

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