Under the Radar: S&P 500-Newcomer Everpure Soars on AI Demand Forecast -- WSJ
Dow Jones2026/09/24 15:55By Shradha Dinesh
Everpure shares soared 18% on Thursday after the enterprise cloud storage and data-management company said it is expecting hyperscaler business and AI demand to boost revenue growth.
The company joined the S&P 500 Monday and is, so far, today's best performer.
In a Wednesday investor presentation, the company said it is projecting 37% to 38% year-over-year revenue growth in fiscal 2027.
"Everpure is at an inflection point as we expand our horizons to managing data in the enterprise and solutions for hyperscalers," said Charlie Giancarlo, chief executive officer at Everpure, during the presentation.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
September 24, 2026 11:55 ET (15:55 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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