Guggenheim Reiterates “Buy” Rating for Everpure (NYSE:P)

Posted by Geri Gentry on Aug 27th, 2026

Everpure (NYSE:P – Get Free Report)‘s stock had its “buy” rating restated by Guggenheim in a note issued to investors on Thursday,Benzinga reports. They presently have a $150.00 price target on the stock. Guggenheim’s price objective points to a potential upside of 48.56% from the stock’s previous close.

P has been the subject of several other research reports. DA Davidson set a $100.00 price objective on Everpure in a research report on Wednesday, July 1st. Lake Street Capital upped their price target on shares of Everpure from $90.00 to $94.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Northland Securities set a $90.00 price target on shares of Everpure in a report on Thursday, May 28th. Morgan Stanley upgraded shares of Everpure from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $87.00 to $108.00 in a research note on Monday, August 10th. Finally, Zacks Research downgraded shares of Everpure from a “strong-buy” rating to a “hold” rating in a report on Monday, July 27th. Sixteen investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Everpure has a consensus rating of “Moderate Buy” and a consensus target price of $114.95.

Check Out Our Latest Research Report on Everpure

Everpure Price Performance

Shares of P opened at $100.97 on Thursday. The firm has a 50 day simple moving average of $84.72. Everpure has a twelve month low of $56.78 and a twelve month high of $119.10. The stock has a market cap of $33.56 billion, a price-to-earnings ratio of 159.00, a PEG ratio of 5.72 and a beta of 1.45.

Everpure (NYSE:P – Get Free Report) last issued its earnings results on Wednesday, August 26th. The company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.51. The business had revenue of $1.19 billion during the quarter. Everpure had a return on equity of 15.97% and a net margin of 5.75%.Everpure’s revenue for the quarter was up 37.7% on a year-over-year basis. On average, equities analysts predict that Everpure will post 0.93 EPS for the current fiscal year.

Insider Transactions at Everpure

In other news, insider John Colgrove sold 64,815 shares of Everpure stock in a transaction on Friday, August 14th. The stock was sold at an average price of $117.44, for a total transaction of $7,611,873.60. Following the completion of the transaction, the insider owned 6,074,080 shares of the company’s stock, valued at $713,339,955.20. The trade was a 1.06% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Susan J.S. Taylor sold 8,543 shares of the business’s stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of $81.74, for a total transaction of $698,304.82. Following the completion of the sale, the director owned 94,608 shares in the company, valued at $7,733,257.92. This represents a 8.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 827,800 shares of company stock worth $78,153,882 over the last ninety days. 5.10% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Everpure

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sunbelt Securities Inc. grew its position in shares of Everpure by 287.1% in the third quarter. Sunbelt Securities Inc. now owns 329 shares of the company’s stock valued at $28,000 after purchasing an additional 244 shares during the last quarter. Cornerstone Planning Group LLC raised its position in shares of Everpure by 2,884.6% during the 4th quarter. Cornerstone Planning Group LLC now owns 388 shares of the company’s stock worth $29,000 after purchasing an additional 375 shares during the last quarter. Continuum Advisory LLC purchased a new stake in Everpure in the 2nd quarter valued at approximately $29,000. Banque Transatlantique SA purchased a new stake in Everpure in the 3rd quarter valued at approximately $29,000. Finally, Reflection Asset Management acquired a new stake in Everpure during the 4th quarter valued at $32,000. Institutional investors and hedge funds own 83.42% of the company’s stock.

Key Everpure News

Here are the key news stories impacting Everpure this week:

Positive Sentiment: Q2 results exceeded expectations. Everpure reported $0.70 in quarterly earnings per share and $1.19 billion in revenue. Revenue increased 37.7% year over year, while product revenue grew 54%, underscoring strong demand across the company’s storage portfolio. Everpure Announces Second Quarter Fiscal 2027 Financial Results
Positive Sentiment: Management raised its outlook substantially. Fiscal 2027 revenue guidance was increased to approximately $5.03 billion-$5.07 billion, representing 37%-38% growth, with operating income expected to rise about 50% to $940 million-$960 million. Third-quarter revenue guidance of roughly $1.33 billion was also well above consensus expectations. Everpure Reports Upbeat Q2 and Guides for Strong Full-Year Sales
Positive Sentiment: Hyperscaler momentum is strengthening. Everpure secured a second top-five hyperscaler design win and reported accelerating adoption of its Evergreen One offering. Investors view these developments as validation of sustained AI-related data-storage demand, recurring revenue growth and the company’s software-led margin potential. Everpure Q2 2027 Earnings Call Highlights
Positive Sentiment: Analyst sentiment improved. Needham raised its price target from $100 to $140 and assigned a “Buy” rating. Another analyst upgrade cited robust demand, premium pricing power and approximately 70% software-driven gross margins. Needham Raises Everpure Price Target
Neutral Sentiment: Valuation remains a risk. Despite the improved outlook, Everpure trades at a very elevated earnings multiple, leaving the stock sensitive to any slowdown in AI spending, hyperscaler projects or execution.

About Everpure

(Get Free Report)

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.