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Everpure (P) Stock News

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Everpure, Inc. reports company news focused on enterprise storage, data management, platform integrations, and financial reporting. Product updates include Portworx capabilities for Kubernetes environments, including storage, data protection, backup, and disaster recovery for AI workloads, containers, and virtual machines.

Recurring Everpure developments also include financial-results announcements, investor conference participation, and updates tied to the Everpure Platform's role in hybrid cloud, public cloud, edge, and Red Hat OpenShift environments.

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Everpure (NYSE: P) will host its third-quarter fiscal 2027 financial results conference call on November 18, 2026, at 2:00 p.m. PT. Results for the quarter ended November 1, 2026, will be released before the call. A live audio broadcast and replay will be available on its investor relations website.

Chief Technology and Growth Officer Rob Lee is scheduled to attend the UBS Global Technology and AI Conference on December 1. Chief Financial Officer Tarek Robbiati is scheduled to attend the Wells Fargo TMT Summit on December 8 and the Barclays TMT Conference on December 10, 2026.

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Everpure (P) released global research finding that 88% of large-enterprise C-suite leaders believe a data sovereignty failure could cost them their jobs. Data sovereignty concerns who can access and control data and which jurisdictions apply. The survey found that 64% of organizations lack a formal strategy, while 91% of leaders worry about financial and reputational damage to their organizations.

Among respondents, 62% lack full visibility into who can access, control and manage their data, and 56% have no mitigation plans for geopolitical data exfiltration or service disruption. Another 56% lack the skills and capacity to deliver sovereignty initiatives. Everpure recommends applying governance and controls according to each dataset's, application's and workload's risks. Vanson Bourne surveyed 2,100 C-suite and IT leaders at large enterprises across eight countries in June 2026.

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Everpure (P) announced new data management capabilities designed to support enterprise AI in production, with availability planned for October 2026.

The updates add integration with the Model Context Protocol, an open standard connecting AI tools to data, alongside deployment through the Pure1 console and file-access analysis that does not read file content. FlashBlade updates include accelerated language-model inference and continuous data compression. Everpure says its PureKVA accelerator delivers up to 20x faster time to first token, the wait before a model begins responding. A reference architecture using open-weight models is designed to reduce external providers' API token usage and give enterprises more control over their data and AI costs.

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Everpure (P) introduced a preliminary fiscal 2028 outlook on September 23, 2026, while reaffirming its fiscal 2027 guidance.

For fiscal 2028, the company projects revenue of $7.0 billion to $7.3 billion, representing 39% to 45% year-over-year growth. It projects non-GAAP operating income of $1.7 billion to $1.9 billion, representing 80% to 100% growth. Fiscal 2027 guidance remains $5.03 billion to $5.07 billion in revenue and $940 million to $960 million in non-GAAP operating income.

Everpure outlined four growth areas: Core and Core AI, Modern Data Software, Scale AI, and Hyperscale Solutions. It expects the three areas beyond its core to represent approximately 20% of total revenue by fiscal 2030. The fiscal 2028 outlook is preliminary, and actual results may differ materially.

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Everpure (P) announced that it has been recognized as a Leader in the 2026 Gartner® Magic Quadrant™ for Infrastructure Platform Consumption Services, its second consecutive year in this position.

In the 2026 report, Everpure is positioned highest for Ability to Execute and furthest for Completeness of Vision. The company views this as its best performance to date and links it to growing enterprise demand for platform-centric, outcome-based infrastructure consumption models. Everpure highlights its unified platform for data and infrastructure across on-premises, cloud, and hybrid environments, aligned to its Data Primacy vision.

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Everpure (P) will host its 2026 Financial Analyst Meeting on September 23, 2026, starting at 9:30 a.m. PT.

Executive leaders plan to update attendees on long-term strategy, growth plans, and the company’s long-term financial framework. The meeting will be available via live webcast, with registration through Everpure’s investor events page, and a replay plus presentation materials will remain online for at least 90 days after the event.

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Everpure (P) will be added to the S&P 500 index, effective before the market open on Monday, September 21, 2026.

The company describes this inclusion as validation of its disciplined execution and financial progress as enterprises prepare data for AI. The S&P 500 is widely viewed as the benchmark for U.S. large-cap equities and tracks 500 leading companies across major sectors. Index inclusion is based on criteria that include market capitalization, liquidity, and financial performance.

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S&P Dow Jones Indices will rebalance the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600 before the market opens on September 21, 2026, to keep each index aligned with its target market-cap range.

Dell Technologies, Palo Alto Networks, Arista Networks, and Sandisk will join the S&P 100, while NIKE, Honeywell Aerospace, Simon Property Group, and Colgate-Palmolive exit. Bloom Energy, Everpure, and Illumina will enter the S&P 500, replacing Molson Coors Beverage, The Trade Desk, and Builders FirstSource, which move to the S&P SmallCap 600. Multiple constituents, including HubSpot, AGNC Investment, Corcept Therapeutics, Brinker International, Herc Holdings, Delek US Holdings, AXT, Arcutis Biotherapeutics, AtriCure, Capri Holdings, Boston Beer, and others shift among the S&P MidCap 400 and S&P SmallCap 600.

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Everpure (NYSE: P) reported second quarter fiscal 2027 revenue of $1.19 billion, up 38% year-over-year, with product revenue of $687 million (+54%) and subscription services revenue of $499 million (+20%). Subscription ARR reached $2.1 billion (+20%), and remaining performance obligations were $4.1 billion (+44%). GAAP gross margin was 68.4% and non-GAAP gross margin 69.9%.

GAAP operating income was $63 million (5.3% margin) and non-GAAP operating income $230 million (19.4% margin). Operating cash flow was $(136) million and free cash flow $(238) million. Everpure ended the quarter with $1.0 billion in cash, cash equivalents, and marketable securities and repurchased 0.9 million shares for about $69 million.

Everpure issued Q3 guidance for revenue of $1.325–$1.335 billion (37–38% YoY growth) and non-GAAP operating income of $265–$275 million. FY27 revenue guidance increased from $4.41–$4.51 billion to $5.03–$5.07 billion, and non-GAAP operating income guidance rose from $820–$860 million to $940–$960 million.

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Everpure (NYSE: P) announced it has been recognized as a Leader in the 2026 Gartner® Magic Quadrant™ for Enterprise Storage Platforms, for the second consecutive year, positioned highest for execution and furthest for vision. This follows 11 prior Leader placements in other Gartner storage Magic Quadrant reports.

According to Everpure, its Data Primacy architecture and Everpure Platform, including Everpure Data Intelligence, Enterprise Data Cloud enhancements, AI Data Stream, and cyber resilience features, are designed to unify and govern data for AI workloads across hybrid environments.

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FAQ

What is the current stock price of Everpure (P)?

Everpure (P) last closed at $101.98.

What is the market cap of Everpure (P)?

The market cap of Everpure (P) is approximately $34.0B.