Everpure Shares Soar 17.44% to New High as CEO Calls Data Storage Firm's Growth an 'Inflection Point'
SANTA CLARA, Calif. — Shares of Everpure Inc., the data storage and management company formerly known as Pure Storage, surged 17.44% to $128.77 in Wednesday trading, adding $19.12, pushing the stock to a fresh high as investors continued reacting to an ambitious growth outlook the company laid out at its annual investor meeting earlier this week.
The rally extends a rapid run for Everpure shares, which climbed 6.41% on Tuesday alone following the company's 2026 Financial Analyst Meeting, held at company headquarters in Santa Clara. That gain came on top of a broader surge that has carried the stock from the low $90s just weeks earlier to recent closes above $120, a move of roughly 30% over a relatively short span, driven by a combination of strong underlying financial results, inclusion in a major stock index, and an aggressive new long-term growth outlook.
At Tuesday's investor meeting, Everpure outlined what it described as four strategic growth vectors underpinning its expansion plans: its core storage business alongside a related "Core AI" offering, Modern Data Software, Scale AI, and Hyperscale Solutions. The company said its traditional core storage business is expected to continue gaining market share, while the three newer growth areas, Modern Data Software, Scale AI and Hyperscale Solutions, are projected to account for roughly 20% of total company revenue by fiscal 2030.
Everpure Chief Executive Officer Charlie Giancarlo described........
