Everpure, Inc. · P · FY2027 Q2 · Calendar Q3 2026

Everpure raises outlook as subscriptions and hyperscale demand accelerate

The supplied analysis supports a constructive operating thesis: demand, subscription adoption, pricing, and hyperscaler design wins are strengthening Everpure’s growth trajectory. The main qualification is that part of the future ramp remains dependent on hyperscaler timing, component costs, and enterprise spending.

Reported After market closeNYSETechnology $34.54B market cap
100quality score

Earnings scorecard

Reported versus consensus
Reported EPS $0.70 Consensus $0.58
EPS surprise +20.7% Reported versus consensus
Reported revenue $1.19B Consensus $1.10B
Revenue surprise +8.0% Reported versus consensus

Market reaction

event-close to next-session close
Stock move -8.9% Event window
SPY move +0.7% Same window
Abnormal move -9.5% Stock minus SPY
Volume 2.3× Versus trailing sessions
Subsequent drift +4.9% Up to 20 sessions
PSPY benchmark

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Transcript intelligence

What changed

Relative to the prior-quarter analysis, the current quarter adds a second top-five hyperscaler design and supply agreement, reports Evergreen//One TCV above a $1 billion annualized run-rate for FY27, and emphasizes new Data Intelligence and Data Stream adoption. Management’s guidance remained raised, while the key watch items shifted toward hyperscaler timing, margin progression, and visibility beyond two quarters.

Guidance delta

Management raised full-year guidance; the supplied analysis does not provide the revised absolute guidance range.

Key takeaways

  • Q2 FY2027 analysis describes 38% year-over-year revenue growth and a 77% rise in operating profit.
  • Evergreen//One total contract value reached an annualized run-rate above $1 billion for FY27.
  • Everpure secured a second top-five hyperscaler design and supply agreement.
  • AI and data-intelligence workloads, international expansion, and pricing supported momentum.

Management priorities

  • Ramp DirectFlash hyperscale shipments into FY28 and beyond.
  • Expand Evergreen//One and Evergreen//Forever subscription services.
  • Continue rolling out Data Intelligence and Data Stream offerings.
  • Use international Accelerate conferences and the September 23 Financial Analyst Meeting to showcase capabilities.

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Earnings History

Estimate Beat Miss Match
P EPS earnings history estimate and actual scatter chart 5 reported fiscal quarters and 4 future estimate-only quarters. Q2 '26 estimate $0.39 Q2 '26 actual $0.43, beat Q3 '26 estimate $0.58 Q3 '26 actual $0.58, match Q4 '26 estimate $0.65 Q4 '26 actual $0.69, beat Q1 '27 estimate $0.40 Q1 '27 actual $0.47, beat Q2 '27 estimate $0.58 Q2 '27 actual $0.70, beat Q3 '27 estimate $0.77 Q4 '27 estimate $0.84 Q1 '28 estimate $0.63 Q2 '28 estimate $0.82

Analyst Consensus ?

ConsensusBuy45 ratings
Bullish3782.2%
Neutral715.6%
Bearish12.2%

Analyst 52W Price Targets

$104.14Previous close
$34Low
$93.47Average
$150High

Latest persisted target per named analyst; persisted previous close from FN2's market snapshot as of Sep 21, 2026. Not an FN2 forecast.

Firm-level rating actions

FMP grade actions identify the grading firm, not a named analyst.

FirmRatingPrior ratingActionDate
Needham Buy BuyMaintainSep 17, 2026
Northland Capital Markets Outperform OutperformMaintainAug 28, 2026
Barclays Equal Weight Equal WeightMaintainAug 28, 2026
Wells Fargo Overweight OverweightMaintainAug 27, 2026
Wedbush Outperform OutperformMaintainAug 27, 2026
UBS Sell SellMaintainAug 27, 2026
Piper Sandler Overweight OverweightMaintainAug 27, 2026
Morgan Stanley Overweight OverweightMaintainAug 27, 2026
JP Morgan Overweight OverweightMaintainAug 27, 2026
Guggenheim Buy BuyMaintainAug 27, 2026
Citigroup Buy BuyMaintainAug 27, 2026
B of A Securities Buy NeutralUpgradeAug 27, 2026
Evercore ISI Group Outperform OutperformMaintainAug 24, 2026
TD Cowen Buy BuyMaintainAug 18, 2026
Susquehanna Positive NeutralUpgradeAug 10, 2026
Lake Street Buy BuyMaintainMay 28, 2026
Stifel Buy BuyMaintainAug 30, 2023
Raymond James Strong Buy Strong BuyMaintainAug 30, 2023
Credit Suisse Outperform OutperformMaintainAug 30, 2023
Keybanc Overweight OverweightMaintainAug 10, 2023
Deutsche Bank Buy BuyMaintainMay 31, 2023
CFRA Buy HoldUpgradeMay 28, 2020
Northland Securities Outperform OutperformMaintainMar 26, 2020
Bank of America Buy BuyMaintainNov 22, 2019
Goldman Sachs Buy NeutralUpgradeOct 9, 2019
Stifel Nicolaus Hold HoldMaintainSep 18, 2019
Cross Research Buy HoldUpgradeSep 17, 2019
Piper Jaffray Overweight OverweightMaintainSep 12, 2019
Maxim Group Buy HoldUpgradeAug 21, 2019
Cowen & Co. Outperform Market PerformUpgradeApr 7, 2019
Wolfe Research Outperform OutperformMaintainDec 11, 2018
Oppenheimer Outperform OutperformMaintainAug 21, 2018
BMO Capital Outperform OutperformMaintainAug 21, 2018
JMP Securities Market Outperform Market OutperformMaintainMay 21, 2018
Baird Neutral NeutralMaintainMar 1, 2018
BTIG Research Buy BuyMaintainOct 19, 2017
BTIG Buy BuyMaintainOct 18, 2017
OTR Global Mixed NegativeUpgradeNov 13, 2016
Jefferies Hold HoldMaintainAug 25, 2016
Macquarie Outperform OutperformMaintainJun 29, 2016
William Blair Outperform OutperformMaintainMar 24, 2016
Summit Research Partners Hold HoldMaintainDec 29, 2015
Sterne Agee CRT Neutral NeutralMaintainNov 11, 2015
Pacific Crest Overweight OverweightMaintainNov 2, 2015
FBN Securities Outperform OutperformMaintainOct 8, 2015
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Named analyst price targets

Upside is calculated against the persisted previous close $104.14. FMP does not supply a rating on these named-analyst rows.

FirmAnalyst52W targetPrice when postedUpsideDate
Northland SecuritiesAnalyst unavailable$128$95.03 +22.9%Aug 28, 2026
BarclaysAnalyst unavailable$110$99.23 +5.6%Aug 28, 2026
Lake StreetAnalyst unavailable$120$98.51 +15.2%Aug 27, 2026
SusquehannaMehdi Hosseini$145$96.53 +39.2%Aug 27, 2026
Raymond JamesAnalyst unavailable$122$98.12 +17.1%Aug 27, 2026
Morgan StanleyAnalyst unavailable$119$96.87 +14.3%Aug 27, 2026
UBSAnalyst unavailable$80$108.9 -23.2%Aug 27, 2026
Piper SandlerAnalyst unavailable$133$108.9 +27.7%Aug 27, 2026
NeedhamLaura Martin$140$108.9 +34.4%Aug 27, 2026
Wells FargoAnalyst unavailable$135$108.9 +29.6%Aug 27, 2026
Evercore ISIAnalyst unavailable$130$102.93 +24.8%Aug 24, 2026
WedbushAnalyst unavailable$127$110.13 +22.0%Aug 21, 2026
OppenheimerAnalyst unavailable$140$112.71 +34.4%Aug 20, 2026
GuggenheimHoward Ma$150$111.4 +44.0%Aug 13, 2026
SusquehannaAnalyst unavailable$120$90.05 +15.2%Aug 10, 2026
Morgan StanleyAnalyst unavailable$108$90.05 +3.7%Aug 10, 2026
D.A. DavidsonAnalyst unavailable$100$75.87 -4.0%Jul 1, 2026
Northland SecuritiesAnalyst unavailable$90$69.89 -13.6%May 28, 2026
Lake StreetEric Martinuzzi$94$70.12 -9.7%May 28, 2026
UBSAnalyst unavailable$70$70.85 -32.8%May 28, 2026
WedbushAnalyst unavailable$105$85.86 +0.8%May 28, 2026
GuggenheimHoward Ma$115$85.86 +10.4%May 28, 2026
Wells FargoAaron Rakers$97$85.86 -6.9%May 28, 2026
BarclaysTim Long$84$85.86 -19.3%May 28, 2026
Northland SecuritiesNehal Chokshi$81$62.87 -22.2%Mar 9, 2026
Wells FargoAaron Rakers$90$73.56 -13.6%Feb 26, 2026
Tigress FinancialAnalyst unavailable$105$68.85 +0.8%Dec 3, 2025
Northland SecuritiesNehal Chokshi$77$69.3 -26.1%Dec 3, 2025
Lake StreetEric Martinuzzi$92$69.42 -11.7%Dec 3, 2025
Morgan StanleyErik Woodring$83$70.4 -20.3%Dec 3, 2025
UBSAnalyst unavailable$60$94.72 -42.4%Dec 3, 2025
SusquehannaAnalyst unavailable$105$94.72 +0.8%Dec 3, 2025
SusquehannaMehdi Hosseini$100$94.72 -4.0%Dec 3, 2025
BarclaysAnalyst unavailable$77$94.72 -26.1%Dec 3, 2025
UBSAnalyst unavailable$110$90.99 +5.6%Oct 21, 2025
Raymond JamesAnalyst unavailable$99$91.92 -4.9%Oct 17, 2025
NeedhamAnalyst unavailable$100$82 -4.0%Sep 26, 2025
GuggenheimHoward Ma$105$81.98 +0.8%Sep 26, 2025
Wells FargoAnalyst unavailable$100$83.47 -4.0%Sep 26, 2025
Evercore ISIAnalyst unavailable$90$83.47 -13.6%Sep 25, 2025
Piper SandlerJames Fish$92$82.58 -11.7%Sep 25, 2025
BarclaysAnalyst unavailable$70$80.54 -32.8%Aug 29, 2025
NeedhamMike Cikos$85$79.28 -18.4%Aug 28, 2025
Morgan StanleyErik Woodring$72$79.91 -30.9%Aug 28, 2025
Lake StreetAnalyst unavailable$80$80.54 -23.2%Aug 28, 2025
Northland SecuritiesAnalyst unavailable$71$80.54 -31.8%Aug 28, 2025
UBSAnalyst unavailable$55$80.54 -47.2%Aug 28, 2025
Raymond JamesSimon Leopold$88$78.15 -15.5%Aug 28, 2025
UBSAnalyst unavailable$75$52.47 -28.0%Feb 28, 2025
GuggenheimHoward Ma$93$53.42 -10.7%Oct 17, 2024
Raymond JamesSimon Leopold$70$59.76 -32.8%Aug 29, 2024
Piper SandlerJames Fish$56$59.76 -46.2%Aug 29, 2024
CitigroupAsiya Merchant$67$59.76 -35.7%Aug 29, 2024
Piper SandlerJames Fish$60$62.42 -42.4%Aug 19, 2024
Wells FargoAaron Rakers$75$64.08 -28.0%Jun 21, 2024
Morgan StanleyMeta Marshall$60$66.56 -42.4%Jun 12, 2024
Loop Capital MarketsEric Martinuzzi$70$62.98 -32.8%May 30, 2024
NeedhamMike Cikos$80$62.96 -23.2%May 30, 2024
Stifel NicolausMatthew Sheerin$65$62.9 -37.6%May 30, 2024
SusquehannaMehdi Hosseini$75$62.89 -28.0%May 30, 2024
BarclaysTim Long$56$63 -46.2%May 30, 2024
KeyBancSteve Enders$79$63.11 -24.1%May 30, 2024
Evercore ISIAmit Daryanani$65$60.53 -37.6%May 23, 2024
BarclaysTim Long$51$60.12 -51.0%May 21, 2024
Evercore ISIAnalyst unavailable$60$51.66 -42.4%Apr 2, 2024
J.P. MorganAlex Yao$39$28.97 -62.6%Sep 1, 2022
KeyBancThomas Blakey$39$28.97 -62.6%Sep 1, 2022
Northland SecuritiesNehal Chokshi$44$26.61 -57.7%Jun 10, 2022
Goldman SachsRod Hall$50$27.54 -52.0%Jun 2, 2022
J.P. MorganPinjalim Bora$40$29.89 -61.6%Mar 3, 2022
Morgan StanleyMeta Marshall$35$29.89 -66.4%Mar 3, 2022
Goldman SachsRod Hall$48$29.89 -53.9%Mar 3, 2022
Evercore ISIAmit Daryanani$40$25.94 -61.6%Feb 28, 2022
Bank of America SecuritiesWamsi Mohan$34$27.59 -67.4%Jan 14, 2022
Stifel NicolausMatthew Sheerin$37$32.55 -64.5%Dec 31, 2021
Cowen & Co.Karl Ackerman$36$30.95 -65.4%Nov 24, 2021
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Company context

Snapshot as of publication

Everpure, Inc. offers cutting-edge data storage solutions and services, empowering clients to extract maximum value from their information. The firm is committed to revolutionizing data storage and management, aiming to simplify how individuals access and engage with data. John M. Hayes and John Colgrove founded the company in October 2009, which is headquartered in Santa Clara, CA.

Technology peers this season

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ADBE Adobe Inc. FY2026 Q3 · Calendar Q3 2026 +0.8% +1.4% Adobe raises FY26 outlook as AI strategy broadens
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SAIL SailPoint, Inc. FY2027 Q2 · Calendar Q3 2026 +13.8% -1.2% SailPoint pairs 25% ARR growth with accelerating AI-driven adoption
CIEN Ciena Corporation FY2026 Q3 · Calendar Q3 2026 +22.0% -10.4% Ciena raises outlook as AI networking demand lifts backlog
DOCU DocuSign, Inc. FY2027 Q2 · Calendar Q3 2026 +6.4% +3.7% DocuSign Q2 FY27: IAM momentum supports a raised outlook
IOT Samsara Inc. FY2027 Q2 · Calendar Q3 2026 +25.0% +3.7% Samsara: AI adoption expands as FY27 guidance holds

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Sources

  1. Earnings call transcript and parsed analysis · 2026-08-27T13:20:47.810765+00:00
  2. FN2 earnings calendar · 2026-09-21T01:23:13.071796+00:00
  3. Polygon adjusted daily market bars · 2026-09-21T07:20:49.228229+00:00
  4. Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-09-21T07:20:49.225265+00:00

Methodology

Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.

Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.

Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.