P
Everpure, Inc.
NYSE: P · TECHNOLOGY · COMPUTER HARDWARE
$72.31
+4.28% today
Updated 2026-06-12
Market cap
$24.04B
P/E ratio
109.56
P/S ratio
6.10x
EPS (TTM)
$0.66
Dividend yield
—
52W range
$50 – $101
Volume
3.3M
Everpure, Inc. (P) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed P price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$72.31
Today
Analyst consensus
$93.21
+28.90% · 12M
2030 Base
$118.48
+63.85% future
NPV today
$69.12
@ 12% WACC
19 analysts:
12 Buy6 Hold1 Sell
Management guidance
No specific CEO revenue targets identified in provided filings. Company (formerly Pure Storage, rebranded to Everpure Feb 2026) has demonstrated 16.8% 5Y revenue CAGR and posted 15.61% YoY growth to $3.66B in FY2026. Recent acquisition of 1touch for data discovery capabilities suggests management is pursuing enterprise data cloud expansion, but no explicit guidance for 2026-2030 range disclosed in available documents.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
P · Everpure, Inc. · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
$65.14
NPV today: $38.00
Base case (2030)
$118.48
NPV today: $69.12
Bull case (2030)
$198.50
NPV today: $115.81
WallStSmart.com
P financial forecast · Research-backed projections
| Metric | 2026 | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|
| Revenue | $3.7B | $5.5B | $6.8B | $8.2B | $9.4B |
| Revenue growth | 15.6% | 22.9% | 24.2% | 20.1% | 15.4% |
| Net margin | — | 18.4% | 19.5% | 19.9% | 20.1% |
| EPS | $0.47 | $2.95 | $3.85 | $4.65 | $5.35 |
| Diluted shares | — | 342M | 346M | 350M | 354M |
| Net debt | — | $-1.21B | $-2.04B | $-3.03B | $-4.18B |
| P/S multiple | — | 4.0x | 4.0x | 4.0x | 4.0x |
| Implied price (base) | — | $67.78 | $84.66 | $102.13 | $118.48 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $9.4B | $9.4B | $9.4B |
| P/S multiple | 2.0x | 4.0x | 7.0x |
| Diluted shares | 354M | 354M | 354M |
| Net debt | $-4.18B | $-4.18B | $-4.18B |
| Implied P/E † | 12x | 22x | 37x |
| 2030 Price | $65.14 | $118.48 | $198.50 |
| NPV @ 12% | $38.00 | $69.12 | $115.81 |
† Implied P/E: Multiples remain elevated across all three scenarios because P is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $118.48 base case
P catalysts and risks
Growth catalysts
+ Enterprise Data Cloud platform expansion following 1touch acquisition (data discovery native capabilities)
+ Hyperscaler capex acceleration in AI/data infrastructure (Meta, Microsoft, Google capex cycles through 2027-2028)
+ Everpure rebranding + repositioning as AI-native data resilience player vs. legacy Pure Storage storage positioning
+ Red Hat OpenShift integration expanding TAM in containerized enterprise environments
+ Margin expansion opportunity as product mix shifts toward higher-margin software/subscription revenue
Key risks
- Recent Citigroup downgrade (Buy→Neutral, May 2026) signals potential deceleration concern; valuation at 27.78x forward P/E is stretched vs. historical norms
- Hyperscaler capex cycle timing risk — if Meta/Microsoft/Google reduce storage spend in 2027-2028, revenue growth could compress below consensus
- Data storage market consolidation and pricing pressure from larger competitors (NetApp, EMC, HPE) with broader enterprise relationships
- Rebranding execution risk — Everpure brand has zero market recognition vs. Pure Storage legacy; customer adoption of new positioning unproven
- Profitability margin pressure — current 5.1% profit margin is razor-thin; aggressive growth capex or M&A integration costs could further compress margins
Methodology · Everpure, Inc. 2030 stock forecast model
Everpure, Inc. 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 19 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (7% cumulative for P by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory ($-4.18B by 2030) |
| 3. Time value | NPV calculated using 12% WACC (CAPM: beta 1.438) |
| 4. Multiple framework | P/S compresses with scale: bear 2.0x / base 4.0x / bull 7.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 20, 2026.
P price target FAQ
What is the P price target for 2030?
WallStSmart's Everpure, Inc. 2030 base case is $118.48 per share, with a bull case of $198.50 and bear case of $65.14. The NPV of the base case discounted to today at 12% WACC is $69.12.
How is the Everpure, Inc. 2030 stock forecast calculated?
The P 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
Why does the P price target account for dilution?
Everpure, Inc. is projected to grow diluted share count from 332M to 354M by 2030 (a 7% increase) through stock-based compensation and capital raises. Ignoring this would inflate the price target by approximately 7%.
What is the analyst consensus on P stock?
19 analysts cover P with an average 12-month price target of $93.21. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.