Everpure, Inc. Class A (PSTG)

Everpure's stock has experienced fluctuations in the past six months. Shares fell 25.1% as of March 27, 2026. The rebrand to Everpure and the acquisition agreement of 1touch led to a 5.9% drop. Q4 CY2025 results and strong Q1 CY2026 revenue guidance caused the stock to trade up 4.1%. Geopolitical tensions and rising NAND costs have also impacted the stock.

Everpure typically experiences seasonality in its revenue, with the fourth quarter (Q4) being the high point and a sequential decline commonly observed in the first quarter (Q1).

Everpure, formerly Pure Storage, specializes in all-flash data storage hardware and software, evolving into a broader data management solutions provider. Its business model combines high-margin hardware sales with a growing subscription engine. Core offerings include FlashArray and FlashBlade, supported by Purity software and DirectFlash hardware. Key subscription services are Evergreen//One and Evergreen//Flex. Everpure also provides Portworx for Kubernetes data management and Pure1 for cloud-based data storage management, with expansion into AI workloads.

Everpure has a global presence with headquarters in Santa Clara, California, serving over 12,500 customers worldwide, including approximately 60% of Fortune 500 companies. The United States is its largest market, accounting for 71.61% of its total revenue in fiscal year 2025. It has a significant customer base in North America and Europe, with growing penetration in the Asia-Pacific region, and numerous office locations across Europe, Latin America, and Asia-Pacific.

Everpure has a strong brand reputation, indicated by a high Net Promoter Score (NPS). It is recognized as a leader in enterprise storage solutions and positioned favorably in the Gartner Magic Quadrant. The company is committed to sustainability, reducing data center energy consumption and minimizing e-waste. The rebrand to Everpure signifies its evolution to a broader data management and software-centric company.

Institutional investors predominantly hold Everpure's ownership, accounting for over 85% of shares as of June 2025, and approximately 84.24% as of March 2026. Major shareholders include FMR LLC, BlackRock Inc., and The Vanguard Group Inc. Insider ownership accounts for about 8.68% of the stock, with John Colgrove being the largest individual shareholder.