Member of Technical Staff - Flasharray

Should investors seek the ai-driven rise of Everpure (P) stock? - september 24, 2026. Key findings. * Stronger AI and Everpure's hyperscale prospects drove an 11% rise. * Preliminary forecasts for fiscal year 2028 indicate accelerating revenue and profit growth. * However, Everpure's high valuation may make chasing growth less attractive. Everpure (P - " EXCHANGE TRADING ") shares surged 11% on Thursday, ending their run as the S&P 500's top gainer after the data storage specialist delivered a much stronger long-term growth forecast at a 2026 financial analyst meeting. Everpure linked this opportunity to expanding access to AI and hyperscale infrastructure, highlighting four growth areas: Core and Core AI, Modern Data Software, Scale AI, and Hyperscale Solutions. Everpure shares are up nearly 90% year-to-date and have risen more than 270% over the past three years, significantly outperforming broader indices and many of Port-mone.tv Technology Services' competitors. Image source: Port-mone.tv Investment Research What does EverPur do? Formerly known as Pure Storage, Everpure provides enterprise storage and data management infrastructure designed to help companies securely store, access, protect, and manage massive amounts of information across on-premises, cloud, and hybrid environments. Its portfolio includes high-performance FlashArray and FlashBlade storage systems, as well as software and subscription services that automate data management. Everpure is also expanding beyond traditional enterprise storage to include AI-powered and hyperscale data centers, where rapidly growing data sets require faster, more scalable, and more energy-efficient infrastructure. This makes Everpure an increasingly important data infrastructure tool in the AI boom market, rather than just a traditional storage hardware company. Everpure's preliminary guidance for fiscal year 2028 is impressive. Notably, Thursday's rally was primarily driven by Everpure's preliminary fiscal 2028 guidance, which calls for revenue of $7 billion to $7.3 billion, representing year-over-year growth of 39% to 45%, and non-GAAP operating profit of $1.7 billion to $1.9 billion, representing growth of 80% to 100%. The company also reiterated its current fiscal 2027 revenue guidance of $5.03 billion to $5.07 billion, up 37% to 38% year-over-year, and non-GAAP operating income of $940 million to $960 million, up 48% to 51%. As shown below, Everpure's new forecast builds on an already impressive multi-year revenue growth trajectory. Image source: Port-mone.tv Investment Research Everpure's valuation is getting expensive. Despite Everpure's optimistic recommendations, the main argument against today's jump is the valuation assessment. Everpure shares currently trade at over 100 times forward earnings and 7 times forward sales. By comparison, the Port-mone.tv Technology Services Industry averages approximately 26 times forward earnings and 3 times forward sales, respectively. It's also worth noting that Everpure is starting to gain a noticeable advantage over storage competitors like NetApp (NTAP - " EXCHANGE TRADING "), Dell Technologies (DELL - " EXCHANGE TRADING "), and Hewlett Packard Enterprise (HPE - " EXCHANGE TRADING "). Everpure's stronger projected growth may justify the premium, but today's rally quickly eroded much of management's increasingly optimistic AI and hyper-scale outlook. Image source: Port-mone.tv Investment Research Result. Everpure's analyst call significantly strengthened its long-term growth story, especially given that fiscal 2028 revenue could exceed $7 billion and non-GAAP operating profit could double. However, after a double-digit one-day surge and with the stock significantly premium to its peers in terms of storage and infrastructure, investors may not need to chase this rally. Everpure's fundamentals are looking increasingly compelling, but a pullback or period of consolidation could be a more attractive entry point. Everpure stock currently lands at Rank #3 Hold, suggesting investors should remain patient after the stock's sharp rise. ad unit: 2 / 4

Everpure sees AI infrastructure strategy move beyond virtual machines. AI infrastructure strategy is expanding beyond compute and storage specifications as artificial intelligence reshapes who manages enterprise applications and data. Infrastructure teams are increasingly being asked to support virtual machines, Kubernetes, graphics processing units and AI workloads together. That expansion is reshaping responsibilities traditionally divided among infrastructure, data science and DevOps teams. Platform decisions increasingly require a shared view of how workloads will be built, operated and scaled, according to Cody Hosterman (pictured), senior director of product management at Everpure Inc. "The conversations I've been having in our meeting room and at our booth and in the hallways have not once been about VMs. It's actually been talking about the datasets and the applications that are consuming them with people who are traditionally infrastructure administrators," he said. "So the conversation has fully changed." Hosterman spoke with theCUBE Research's Christophe Bertrand and co-host Alison Kosik at VMware Explore, during an exclusive broadcast on theCUBE, SiliconANGLE Media's livestreaming studio. They discussed hybrid infrastructure, Everpure's partnership with Broadcom Inc. and the importance of connecting AI investments to business objectives. (* Disclosure below.) AI infrastructure strategy starts with business outcomes. Everpure is aligning its data platform with VMware Cloud Foundation 9.1 to support virtual machines, Kubernetes and AI workloads. Customers are also using public clouds to test configurations before right-sizing infrastructure in their data centers, reflecting the broader need for data-ready AI infrastructure, according to Hosterman. "We're definitely seeing customers leveraging the resources in [Amazon Web Services Inc.] or [Microsoft Azure] to kind of figure some things out. But the motion that we've been seeing is, 'All right, now we've got a good idea. We know how we're going to build these out and how we're going to consume them,'" Hosterman said. "We can right-size this with best-of-breed infrastructure in the data center." Rapid market change can tempt companies to acquire servers and graphics processing units before defining their intended use. The costliest error is treating AI enablement as the objective, Hosterman explained. "The outcome shouldn't be, 'We should be ready to serve the world's largest AI infrastructure,'" he said. "It should be, 'No, this is where we want to get our business to. A tool to get us there is AI,' and then working backwards from that plan." Here's the complete video interview, part of theCUBE's coverage of VMware Explore: (* Disclosure: TheCUBE is a paid media partner for the VMware Explore event. Sponsors of theCUBE's event coverage do not have editorial control over content on theCUBE or SiliconANGLE.) Photo: SiliconANGLE. A message from John Furrier, co-founder of SiliconANGLE: Support its mission to keep content open and free by engaging with theCUBE community. Join theCUBE's Alumni Trust Network, where technology leaders connect, share intelligence and create opportunities. * 15M+ viewers of theCUBE videos, powering conversations across AI, cloud, cybersecurity and more * 11.4k+ theCUBE alumni - Connect with more than 11,400 tech and business leaders shaping the future through a unique trusted-based network Are you an AWS customer? Support SiliconANGLE financially by buying your AWS services from its Marketplace portal page and links: https://siliconangle.com/aws-marketplace/. About SiliconANGLE Media. SiliconANGLE Media is a recognized leader in digital media innovation, uniting breakthrough technology, strategic insights and real-time audience engagement. As the parent company of SiliconANGLE, theCUBE Network, theCUBE Research, CUBE365, theCUBE AI and theCUBE SuperStudios - with flagship locations in Silicon Valley and the New York Stock Exchange - SiliconANGLE Media operates at the intersection of media, technology and AI. Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a dynamic ecosystem of industry-leading digital media brands that reach 15+ million elite tech professionals. Its new proprietary theCUBE AI Video Cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.