Everpure

Pure Storage shares climbed to an all‑time high of $100.67, gaining 12.37% last week and 34.38% year‑to‑date; the one‑year increase stands at 74.92%. Revenue grew 21% over the past twelve months, while the stock shows a high P/E ratio of 137.41, suggesting possible overvaluation. Several analysts reiterated positive ratings with price targets between $90 and $100, and activist investor Jana Partners built a stake. Pure Storage slightly raised its fiscal 2027 outlook after first‑quarter results beat expectations, and confirmed the reelection of three class II directors at the annual meeting. » More on de.investing.com

Pure Storage posted revenue of $1.053 billion in the first quarter of fiscal 2027 (+35% y/y), driven by a 55% rise in product revenue ($577 million) and subscription revenue of $476 million (45% of sales). Operating income increased to $159 million (up over 90% y/y). Despite the results, the stock fell 2.95% after hours to $88.35. For Q2 the company expects $1.095–1.105 billion in revenue and raised its full-year outlook to $4.41–4.51 billion; management highlighted progress on AI storage solutions and the OneTouch acquisition. » More on de.investing.com

Pure Storage reported its first $1 billion quarter (Q4, +20% YoY) and full-year revenue of $3.7 billion, with Q4 operating profit of $226 million. Management guided fiscal 2027 revenue of $4.3–4.4 billion and operating profit of $780–820 million, and Q1 revenue of $990 million–$1.01 billion. The company raised prices (~20% on Feb. 9) amid AI-driven component shortages, which will pressure near-term product gross margins until pricing and costs re-synchronize. Pure Storage announced acquisition of 1touch and a rebrand to Everpure to expand into data discovery and governance and support AI-scale offerings like FlashBlade//EXA. » More on finance.yahoo.com

Pure Storage will trade on the NYSE as Everpure starting March 5, 2026 (ticker remains PSTG) and has signed a definitive agreement to acquire data-intelligence and orchestration specialist 1touch. The rebrand reflects a shift from a pure storage vendor toward data-management–oriented services; 1touch is intended to enable data discovery and classification across multiple environments. The transaction is expected to close in the second quarter of fiscal 2027; financial terms were not disclosed. Pure Storage reports more cash than debt and a gross margin of 69.8%, and InvestingPro currently considers the stock overvalued (P/E 194). » More on de.investing.com

Pure Storage introduces a new top partner tier, "Ambassador," and solution-focused specializations that recognize partners for expertise in AI & analytics, cyber resilience, cloud and app modernization. The program prioritizes proven technical competency over pure volume and strengthens managed service providers with data-centric offerings such as private/sovereign cloud, storage-as-a-service, and backup and disaster recovery. Distributors receive expanded growth incentives and more marketing and training responsibilities; partner companies welcome the shift. Pure Storage is described in the announcement as financially solid, with more cash than debt and a valuation of $22.6 billion. » More on de.investing.com