Everpure (NYSE:P) Price Target Raised to $88.00

Everpure (NYSE:P) had its target price upped by UBS Group from $80.00 to $88.00 in a report released on Thursday morning,Benzinga reports. UBS Group currently has a sell rating on the stock.

P has been the subject of a number of other reports. Bank of America boosted their target price on shares of Everpure from $150.00 to $180.00 in a report on Thursday, September 24th. Piper Sandler boosted their price objective on shares of Everpure from $133.00 to $162.00 and gave the stock an “overweight” rating in a research note on Thursday, September 24th. Evercore raised their target price on shares of Everpure from $145.00 to $155.00 and gave the company an “outperform” rating in a research note on Monday, October 5th. Wall Street Zen lowered shares of Everpure from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 12th. Finally, Oppenheimer reiterated an “outperform” rating and set a $140.00 price objective (up from $100.00) on shares of Everpure in a report on Thursday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $149.25.

Everpure Stock Performance

Everpure stock traded down $2.31 during mid-day trading on Thursday, reaching $107.80. 2,981,912 shares of the company were exchanged, compared to its average volume of 3,007,480. The business has a fifty day moving average of $121.14 and a 200 day moving average of $96.00. The firm has a market cap of $35.92 billion, a P/E ratio of 147.66, a PEG ratio of 3.67 and a beta of 1.43. Everpure has a 12-month low of $56.78 and a 12-month high of $157.57.

Everpure (NYSE:P) last announced its quarterly earnings results on Wednesday, August 26th. The company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.51. The business had revenue of $1.19 billion for the quarter. Everpure had a return on equity of 19.06% and a net margin of 5.94%. The company’s revenue was up 37.7% on a year-over-year basis. Sell-side analysts predict that Everpure will post 0.95 EPS for the current year.

Insider Activity at Everpure

In other Everpure news, Director Scott Dietzen sold 60,000 shares of the firm’s stock in a transaction on Wednesday, October 14th. The shares were sold at an average price of $141.60, for a total value of $8,496,000.00. Following the completion of the transaction, the director owned 70,000 shares of the company’s stock, valued at approximately $9,912,000. This trade represents a 46.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider John Colgrove sold 100,000 shares of Everpure stock in a transaction on Wednesday, October 14th. The stock was sold at an average price of $145.00, for a total transaction of $14,500,000.00. Following the sale, the insider owned 5,393,309 shares of the company’s stock, valued at $782,029,805. The trade was a 1.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 745,371 shares of company stock worth $92,333,246. 5.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On Everpure

Large investors have recently bought and sold shares of the company. Family Legacy Financial Solutions LLC boosted its holdings in Everpure by 3.6% during the third quarter. Family Legacy Financial Solutions LLC now owns 2,113 shares of the company’s stock worth $276,000 after purchasing an additional 73 shares during the last quarter. IFP Advisors Inc lifted its position in Everpure by 1.1% during the 3rd quarter. IFP Advisors Inc now owns 10,449 shares of the company’s stock worth $1,367,000 after buying an additional 115 shares in the last quarter. Fortitude Family Office LLC lifted its position in Everpure by 49.0% during the 3rd quarter. Fortitude Family Office LLC now owns 362 shares of the company’s stock worth $47,000 after buying an additional 119 shares in the last quarter. Brookstone Capital Management boosted its stake in shares of Everpure by 4.4% during the 3rd quarter. Brookstone Capital Management now owns 2,877 shares of the company’s stock worth $376,000 after buying an additional 121 shares during the last quarter. Finally, Diversify Advisory Services LLC grew its holdings in shares of Everpure by 4.4% in the 3rd quarter. Diversify Advisory Services LLC now owns 3,976 shares of the company’s stock valued at $530,000 after acquiring an additional 166 shares in the last quarter. 83.42% of the stock is currently owned by hedge funds and other institutional investors.

More Everpure News

These are some of the P news items that stood out recently:

• Positive Sentiment: Guggenheim reaffirmed its “buy” rating and $215 price target, while Raymond James raised its target to $144 from $140—both supportive of the bullish outlook. Read More. | Read More.
• Neutral Sentiment: Wall Street projections for Everpure’s quarter ended October 2026 are in focus, but the preview does not provide results or specific forecast figures. Read More.
• Neutral Sentiment: A report says Everpure shares fell sharply alongside Fabrinet, but the provided information does not explain the move or identify a company-specific catalyst. Read More.

About Everpure

Everpure, formerly known as Pure Storage, provides data storage and management technology for businesses and other organizations. Its offerings are designed to support applications, databases, analytics, cloud environments and other data-intensive workloads. The company’s portfolio includes FlashArray systems for block and file storage, FlashBlade systems for unstructured data and high-performance workloads, and Pure1 software for monitoring and managing storage environments. Everpure also offers subscription-based services, including its Evergreen storage model.