Everpure (NYSE:P) Given Buy Rating at Guggenheim

Guggenheim reaffirmed their buy rating on shares of Everpure (NYSE:P) in a research report report published on Friday,Benzinga reports. They currently have a $215.00 price target on the stock.

Several other analysts also recently commented on P. Cantor Fitzgerald reissued a “neutral” rating on shares of Everpure in a research note on Monday, October 12th. Lake Street Capital lifted their target price on Everpure from $120.00 to $130.00 and gave the company a “buy” rating in a research report on Thursday, September 24th. Needham & Company LLC lifted their target price on Everpure from $150.00 to $185.00 and gave the company a “buy” rating in a research report on Thursday, October 8th. Northland Securities set a $167.00 price target on Everpure and gave the stock an “outperform” rating in a report on Thursday, September 24th. Finally, Susquehanna increased their price target on Everpure from $145.00 to $175.00 and gave the company a “positive” rating in a research report on Friday, September 25th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Everpure currently has an average rating of “Moderate Buy” and an average target price of $149.25.

Everpure Trading Down 2.1%

Shares of P traded down $2.31 on Friday, reaching $107.80. The company’s stock had a trading volume of 2,981,912 shares, compared to its average volume of 3,007,480. Everpure has a twelve month low of $56.78 and a twelve month high of $157.57. The stock has a market capitalization of $35.92 billion, a PE ratio of 147.66, a PEG ratio of 3.67 and a beta of 1.43. The firm has a fifty day moving average of $121.14 and a 200-day moving average of $96.00.

Everpure (NYSE:P) last released 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 during the quarter. Everpure had a return on equity of 19.06% and a net margin of 5.94%. The company’s quarterly revenue was up 37.7% on a year-over-year basis. As a group, equities analysts anticipate that Everpure will post 0.95 EPS for the current fiscal year.

Insiders Place Their Bets

In other Everpure news, CAO Mona Chu sold 5,112 shares of the stock in a transaction dated Friday, October 9th. The shares were sold at an average price of $151.40, for a total value of $773,956.80. Following the completion of the sale, the chief accounting officer owned 125,982 shares in the company, valued at approximately $19,073,674.80. This trade represents a 3.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Andrew Brown sold 4,268 shares of the stock in a transaction dated Thursday, October 8th. The shares were sold at an average price of $156.03, for a total transaction of $665,936.04. Following the completion of the sale, the director owned 23,415 shares of the company’s stock, valued at approximately $3,653,442.45. This trade represents a 15.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 745,371 shares of company stock worth $92,333,246 in the last ninety days. 5.10% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Everpure

Several institutional investors have recently modified their holdings of P. Marshall Wace LLP increased its position in shares of Everpure by 104.7% during the third quarter. Marshall Wace LLP now owns 71,087 shares of the company’s stock valued at $9,297,000 after acquiring an additional 36,358 shares during the last quarter. Empowered Funds LLC lifted its holdings in Everpure by 1,626.8% during the third quarter. Empowered Funds LLC now owns 73,631 shares of the company’s stock worth $9,629,000 after acquiring an additional 69,367 shares during the period. Caxton Associates LLP purchased a new position in Everpure in the third quarter worth $2,466,000. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in Everpure in the third quarter worth $20,916,000. Finally, Steward Partners Investment Advisory LLC boosted its position in Everpure by 308.7% in the third quarter. Steward Partners Investment Advisory LLC now owns 9,429 shares of the company’s stock worth $1,233,000 after purchasing an additional 7,122 shares during the last quarter. 83.42% of the stock is owned by institutional investors.

Key Headlines Impacting Everpure

These are some of the P headlines 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.
• Positive Sentiment: A report highlights a major cloud-operator win, potentially strengthening Everpure’s prospects with large hyperscalers. The supplied article excerpt offers limited detail about the deal. 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.

Everpure Company Profile

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.