Everpure, Inc. (P) AI Stock Analysis

NYSE: PAI research summary: business, growth, valuation, analysts, bull and bear case.

P AI stock analysis summary

AI Research

Everpure, Inc. (ticker P) provides enterprise data storage technologies, reporting trailing twelve-month revenue of $4.26B and net margin of 5.9%. The business delivered 15.6% revenue growth in FY2026 alongside $615.7M in free cash flow. Analysts target $151.11, while the stock trades at a premium trailing P/E of 169.9x.

Market cap
$41.32B
Revenue (TTM)
$4.26B
P/E
169.9x
fwd 44.8x
1Y return
34.9%
S&P 500 16.8%
Avg. target
$151.11
21.8% vs last close

Bull case

  • Quarterly revenue grew 37.7% year-over-year in the period ended July 31, 2026, outpacing the S&P 500 Technology peer median of 20.0%.
  • Annual free cash flow expanded to $615.7M in FY2026, supported by a net cash position of $782.6M.
  • Analyst consensus projects next fiscal year revenue to reach $7.03B, representing projected revenue growth of 39.0%.

Bear case

  • The trailing P/E ratio of 169.9x sits significantly above the S&P 500 Technology peer median of 30.8x.
  • Trailing twelve-month operating margin of 5.3% trails the S&P 500 Technology peer median operating margin of 23.7%.
  • Share count expanded by 20.2% over a 5-year span, diluting existing shareholders.

What Everpure does

Everpure, Inc. (formerly Pure Storage, Inc.) is a global provider of data storage technologies for enterprise needs in the United States and internationally. Its platform is anchored by Purity software, which provides data reduction, encryption, and data protection across block, file, and object storage protocols. The company's hardware and software portfolio includes FlashArray for block storage workloads, FlashBlade for unstructured data workloads, FlashStack for unified infrastructure, and FlashRecover for all-flash data protection. Everpure also delivers subscription models through Pure as-a-Service and Cloud Block Store, alongside technical support, professional services, training, and certifications.

Growth and profitability

Everpure expanded annual revenue from $2.18B in FY2022 to $3.66B in FY2026, generating a 5-year revenue CAGR of 16.8%. Net income improved from -$143.3M in FY2022 to $188.2M in FY2026, with net margin rising to 5.1%. Gross margin stood at 70.4% in FY2026, while operating margin reached 3.1%. Over the trailing twelve months ended July 31, 2026, revenue totaled $4.26B with an operating margin of 5.3% and EPS of $0.73. In the latest quarter, quarterly revenue growth accelerated to 37.7% year-over-year, and quarterly earnings grew 50.0%.

P income statement →

Balance sheet and cash flow

As of July 31, 2026, Everpure held $1.01B in cash and short-term investments against total debt of $225.3M, yielding net cash of $782.6M. The company maintains a debt-to-equity ratio of 0.15, a current ratio of 1.44, and shareholders' equity of $1.54B. Operating cash flow reached $880.1M in FY2026, funding capital expenditures of $264.3M and leaving free cash flow of $615.7M. Share issuance totaled $56.0M in FY2026, with share count increasing 20.2% over 5 years.

P balance sheet →

Valuation and performance

At a share price of $124.01 and market capitalization of $41.32B, Everpure trades at a trailing P/E of 169.9x and a forward P/E of 44.8x. Both multiples represent a premium to the median of its S&P 500 Technology peers, which trade at 30.8x trailing earnings and 20.3x forward earnings. The enterprise value of $35.76B equals 8.4x sales and 81.2x EBITDA, compared to the peer median EV/EBITDA of 19.5x. Over the past year, Everpure returned 34.9%, outperforming the S&P 500 (SPY) return of 16.8%.

P key metrics →

What analysts expect

Everpure holds 13 Strong Buy, 5 Buy, 1 Hold, 0 Sell, and 1 Strong Sell ratings. The mean price target is $151.11, representing a 21.8% premium over the last close of $124.01. For the fiscal year ending January 31, 2027, consensus estimates project EPS of $2.78 on revenue of $5.05B. For the subsequent fiscal year, 19 analysts project EPS of $4.21 and revenue of $7.03B, implying 39.0% top-line growth. The company beat EPS estimates in 3 of the last 4 quarters, with next earnings scheduled for December 1, 2026.

P forecast and price target →

Key risks and what to watch

  • Everpure's stock beta of 1.40 reflects higher market volatility relative to broad equities.
  • Valuation sensitivity remains elevated with an EV-to-EBITDA multiple of 81.2x compared to the peer median of 19.5x.
  • Profit margin expansion relies on sustaining high gross margins, which were 70.4% in FY2026.
  • The company failed to beat EPS estimates in 1 of the last 4 quarters.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this P AI stock analysis

This page is an AI-written research summary of Everpure, Inc. (P). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: P income statement, P balance sheet, P key metrics, P analyst forecast, P chart. See the P stock overview for the latest quote and news.

P AI stock analysis FAQ

What is Everpure's ticker and index membership?

Everpure trades on the NYSE under the ticker symbol P and is a member of the S&P 500 index.

Does Everpure pay a dividend?

Everpure does not pay a dividend, prioritizing cash flow for operational reinvestment and capital expenditures, which were $264.3M in FY2026.

What is Everpure's net cash position?

As of July 31, 2026, Everpure held $1.01B in cash and short-term investments against $225.3M in total debt, resulting in net cash of $782.6M.

What are analysts forecasting for Everpure's earnings?

Analysts forecast EPS of $2.78 for the fiscal year ending January 31, 2027, and project EPS to reach $4.21 for the following fiscal year.

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