Everpure is trading 4.15% up now at $116.02 as investors continue responding to the August 10 announcement of a design win and supply agreement with a second top-five hyperscaler.
- The agreement expands validation for Everpureβs DirectFlash technology and is expected to contribute meaningfully to revenue beginning in fiscal 2028.
- Morgan Stanley upgraded Everpure to Overweight, while Guggenheim raised its price target to $150 on August 12.
- Major indexes are higher amid broader risk-on sentiment, but the hyperscaler announcement remains the clearest catalyst.