Everpure (NYSE:P) Upgraded at Susquehanna

Posted by Francis Steltz on Aug 13th, 2026

Susquehanna upgraded shares of Everpure (NYSE:P – Free Report) from a neutral rating to a positive rating in a research note released on Monday morning, MarketBeat Ratings reports. They currently have $120.00 target price on the stock, up from their prior target price of $85.00.

Other equities analysts have also recently issued research reports about the stock. Northland Securities set a $90.00 price target on shares of Everpure in a research note on Thursday, May 28th. Needham & Company LLC restated a “buy” rating and set a $100.00 price objective on shares of Everpure in a research note on Thursday, May 28th. Morgan Stanley raised shares of Everpure from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $87.00 to $108.00 in a report on Monday. Guggenheim upped their target price on shares of Everpure from $105.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Finally, Barclays increased their price target on shares of Everpure from $81.00 to $84.00 and gave the company an “equal weight” rating in a report on Thursday, May 28th. Sixteen research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Everpure presently has a consensus rating of “Moderate Buy” and a consensus target price of $99.70.

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Everpure Trading Up 1.8%

P stock opened at $111.40 on Monday. The company’s 50 day moving average is $76.94. The company has a market cap of $37.03 billion, a price-to-earnings ratio of 168.79, a PEG ratio of 6.19 and a beta of 1.45. Everpure has a twelve month low of $54.37 and a twelve month high of $113.80.

Everpure (NYSE:P – Get Free Report) last released its earnings results on Wednesday, May 27th. The company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.40 by $0.07. Everpure had a return on equity of 15.97% and a net margin of 5.75%.The business had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $997.88 million. During the same period in the previous year, the company posted $0.29 earnings per share. The company’s revenue for the quarter was up 35.2% compared to the same quarter last year. On average, equities research analysts predict that Everpure will post 0.92 earnings per share for the current year.

Insider Activity at Everpure

In related news, Director Susan J.S. Taylor sold 8,543 shares of Everpure stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of $81.74, for a total value of $698,304.82. Following the completion of the sale, the director directly owned 94,608 shares in the company, valued at approximately $7,733,257.92. This trade represents a 8.28% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Andrew William Fraser Brown sold 4,735 shares of the business’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $72.57, for a total value of $343,618.95. Following the completion of the transaction, the director directly owned 27,683 shares of the company’s stock, valued at approximately $2,008,955.31. This trade represents a 14.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 562,985 shares of company stock valued at $48,382,008 over the last three months. 5.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in P. Integrated Wealth Concepts LLC purchased a new stake in Everpure during the 1st quarter valued at $541,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Everpure by 129.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,742 shares of the company’s stock worth $387,000 after buying an additional 4,926 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Everpure by 109.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,137,939 shares of the company’s stock worth $50,377,000 after buying an additional 595,307 shares during the last quarter. Empowered Funds LLC grew its holdings in shares of Everpure by 4.2% in the first quarter. Empowered Funds LLC now owns 4,790 shares of the company’s stock worth $212,000 after acquiring an additional 194 shares during the period. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Everpure by 261.1% in the second quarter. EverSource Wealth Advisors LLC now owns 3,203 shares of the company’s stock worth $184,000 after acquiring an additional 2,316 shares during the period. 83.42% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Everpure

Here are the key news stories impacting Everpure this week:

Positive Sentiment: Susquehanna upgraded the stock: The firm raised Everpure from “Neutral” to “Positive” and increased its price target to $120 from $85. Susquehanna cited growing demand for high-capacity QLC flash storage from major cloud and AI customers, including potential adoption of Everpure’s 75-terabyte-plus DirectFlash Modules. Why Are Everpure Shares Soaring Today
Positive Sentiment: Second top-five hyperscaler design win: Everpure secured a design win and multiyear supply agreement with another major hyperscaler. The customer plans to use the company’s DirectFlash architecture across multiple storage tiers, with management expecting the agreement to materially support revenue beginning in fiscal 2028. The deal also validates Everpure’s positioning in AI and large-scale cloud data centers. Everpure Secures Second Hyperscaler Design and Supply Agreement
Positive Sentiment: Strong operating momentum: The company’s latest reported quarter exceeded expectations, with earnings per share of $0.47 versus a $0.40 consensus estimate and revenue of $1.05 billion versus estimates of $997.88 million. Revenue rose 35.2% year over year, supporting the bullish growth narrative.
Neutral Sentiment: Unusual options activity: Investors purchased 11,402 call options, about 59% above average call volume. This may reflect increased bullish speculation, although options activity alone does not establish durable demand for the shares.
Negative Sentiment: Insider selling and elevated valuation: Insider John Colgrove sold a combined 235,185 shares for approximately $22.6 million. The transactions were made under a pre-arranged Rule 10b5-1 plan, and he retains more than 6.4 million shares, reducing the bearish significance. Still, Everpure’s high valuation leaves the stock vulnerable if hyperscaler revenue arrives later than expected or growth slows.

About Everpure

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Pure Storage, Inc provides data storage technologies, products, and services in the United States and internationally. The company’s Purity software is shared across its products and provides enterprise-class data services, such as data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. Its products portfolio includes FlashArray for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; FlashArray//XL; and FlashArray//C, an all-QLC flash array.