Guggenheim Raises Everpure (P) Price Target to $215

Guggenheim has reiterated its Buy rating on Everpure, raising the price target significantly to $215, a 71.90% upside from the current price.

By TradeTexts Research Desk · Published Oct 16, 2026, 2:10 PM EDT

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Guggenheim raised its price target on Everpure, Inc. ($P) to $215 from $150 on October 12, 2026, and rates the stock "Buy".

Since the rating, $P is down 20.1% to date (from the $155.31 close on Oct 12, 2026).

P Everpure, Inc.

$124.01 +79.70% year to date

Daily close · Oct 16, 2026

Key Points

On October 12, 2026, Guggenheim reiterated its Buy rating on Everpure, Inc. and raised its price target from $150 to $215.
Guggenheim's $215 price target implies 71.90% upside from Everpure, Inc.'s ($P) current $125.07 share price.
As of October 16, 2026, Everpure's shares are trading at $125.07, which is 41.8% below the new analyst target.
The company has a market cap of about $44.5 billion and reported trailing twelve-month revenue of approximately $4.26 billion.

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Guggenheim has reiterated its Buy rating on Everpure, Inc. (NYSE: P) on October 12, 2026, raising the price target from $150 to $215. This adjustment reflects a significant increase in the firm's outlook for the company.

Other Institutional Activity in Everpure, Inc.

FMR, LLC holds 49,860,715 shares of Everpure, worth about $6.18 billion, and increased its position by 292,453 shares, a 0.6% rise. Blackrock Inc. reduced its stake by 1,552,286 shares, ending with 34,716,084 shares valued at approximately $4.30 billion, a 4.3% decrease. Vanguard Portfolio Management LLC has 17,024,424 shares, valued at about $2.11 billion, after a slight increase of 33,981 shares, a 0.2% change. Vanguard Capital Management LLC also grew its holdings by 198,277 shares, totaling 14,260,444 shares worth about $1.77 billion. State Street Corporation raised its position by 423,880 shares, now holding 11,697,292 shares valued at approximately $1.45 billion, a 3.8% increase.

Everpure, Inc. Stock Down 11.6%

As of October 16, 2026, Everpure's shares are trading at $125.07, which is above the 50-day moving average by 9.8% and the 200-day moving average by 52.7%. However, the stock is 20.6% below its 52-week high of $157.57. The recent price is also 41.8% lower than the new analyst target of $215.

12-month forecast

$P price target

Everpure, Inc. daily closes and this analyst's $215 target. Not advice.

Recent Earnings

Everpure reported trailing twelve-month revenue of approximately $4.26 billion, showing a year-over-year revenue growth of 37.7%. The company's earnings per share (EPS) over the same period stood at $0.73. The next earnings report is scheduled for December 1, 2026.

Insider Buying and Selling at Everpure, Inc.

On October 9, 2026, Officer Mona Chu sold 5,112 shares at an average price of $151.40, totaling about $773,957. On the same day, CEO Charles H. Giancarlo sold 70,000 shares valued at approximately $10.76 million. Additionally, on October 13, 2026, Chief Visionary Officer Colgrove John sold 100,000 shares at an average price of about $154.80, totaling around $15.48 million. Chief Product Officer Singh Ajay sold 18,267 shares at an average price of $155.24, valued at about $2.84 million.

Analysts Set New Price Targets

On October 12, 2026, Guggenheim maintained its Buy rating for Everpure, raising the price target from $150 to $215. Other firms also maintained their ratings recently; Morgan Stanley kept an Overweight rating with a target of $137, while Needham maintained a Buy rating with a target of $185. The consensus target price among analysts is approximately $151.11, with 19 analyst opinions supporting this figure.

About Everpure, Inc.

Everpure, Inc., based in Santa Clara, California, specializes in data storage and management technologies. The company offers products and services that include its Purity software, which provides essential data services like protection and encryption. This recent analyst support and increased price target reflect growing confidence in Everpure's business prospects.

Bottom Line

Investors should keep an eye on Everpure as it approaches its next earnings date on December 1, 2026. With Guggenheim's updated price target and ongoing analyst support, the market will be watching how the company performs in the coming months.