Everpure's Growth Outlook Supported by AI Data Management Demand, UBS Says

02:56 PM EDT, 09/24/2026 (MT Newswires) -- Everpure's (P) artificial intelligence data management growth opportunities support a strong fiscal 2028 outlook, though the targets may already be reflected in the stock, UBS said in a note emailed Thursday. UBS said Everpure expects fiscal 2028 revenue of $7 billion to $7.3 billion and non-GAAP operating margin of 24% to 26%, supported by core AI, data software, scale-AI and hyperscale opportunities. The company's preliminary outlook implies a 38% to 41% revenue compound annual growth rate over two years, above the Visible Alpha consensus of about 30%, UBS said. The shares trade at about six times the consensus revenue in the next 12 months, a significant premium to storage and AI infrastructure peers, the brokerage said. UBS maintained a sell rating with an $80 price target. Price: 125.46, Change: +15.81, Percent Change: +14.41