Everpure

PSTG · NYSE

$126.52−$0.57 (−0.45%)TodayMarket closed · Oct 20, 4:00 PM ET

Prev close $127.09

PSTG analyst rating

BuyConsensus of 14 analysts over the last 12 months. 71% rate it a buy.

Strong buy0
Buy10
Hold3
Underperform0
Sell1

12-month price target · 22 analysts

Average $93.01 (−26.5% downside)

Low: $63.63
Now: $126.52
High: $110.25

Upgrades and downgrades

The latest rating actions, newest first

PSTG analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
JP Morgan	Apr 16, 2026	Maintains	Overweight	$105.00 → $80.00	70%
Northland Capital Markets	Mar 9, 2026	Upgrade	Market Perform → Outperform	$77.00 → $81.00	45%
UBS	Feb 26, 2026	Maintains	Sell	$60.00 → $63.00	65%
Wells Fargo	Feb 26, 2026	Maintains	Overweight	$100.00 → $90.00	73%
Barclays	Feb 26, 2026	Maintains	Equal-Weight	$77.00 → $81.00	58%
Wedbush	Feb 23, 2026	Maintains	Outperform	$100.00	72%
Evercore ISI Group	Feb 19, 2026	Maintains	Outperform	$105.00 → $90.00	65%
Citigroup	Feb 17, 2026	Maintains	Buy	$105.00 → $90.00	81%
Citigroup	Dec 3, 2025	Maintains	Buy	$110.00 → $105.00	81%
Lake Street	Dec 3, 2025	Maintains	Buy	$80.00 → $92.00	48%

The case for and against

Updated Apr 17, 2026

Bull case

Everpure Inc. is experiencing strong financial growth, reflected in its remaining performance obligations of $2.94 billion, representing a 24% year-over-year increase. The company has also seen an increase in deferred revenues, reaching $1.96 billion, which is a 2.5% quarter-over-quarter rise. With Subscription ARR increasing by 17% year-over-year to $1.84 billion, Everpure demonstrates solid demand for its integrated cloud-based data management solutions, underpinning a positive outlook for future revenue growth and market share expansion.

Bear case

Everpure Inc's outlook is negatively affected by a combination of factors, including significant declines in NAND pricing that could lead to underperformance in revenue guidance, as noted in the case of related companies. Additionally, a shift from internal data centers to cloud resources, known as cloud cannibalization, poses a threat to enterprise storage sales, as organizations increasingly opt for cloud offerings over building out data center capabilities. The broader economic environment also presents risks, with potential pressure on IT budgets that may affect demand for Everpure's products and services, contributing to overall revenue and profitability challenges.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.