7 Most Oversold Data Center Stocks to Invest In

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6. Everpure, Inc. (NYSE:PSTG)

Everpure, Inc. (NYSE:PSTG) is included in our list of the most oversold data center stocks to invest in.

As of April 1, 2026, more than 70% of covering analysts remain bullish on Everpure, Inc. (NYSE:PSTG), while the consensus price target of $90 indicates about 45% upside.

Northland raised its price target to $81 from $77 on March 9, 2026, upgrading Everpure, Inc. (NYSE:PSTG) from Market Perform to Outperform. Large deal win rates helped short-term bookings increase from 21% year-over-year to 39% year-over-year in the January quarter, demonstrating the company’s rapid bookings growth and bolstering guidance for the April quarter. Given the market opportunity, Northland considers the moderate enterprise storage growth projections in the FY27 guidance to be conservative.

Piper Sandler reaffirmed its “Overweight” rating with a $92 price target on March 16, highlighting the shift in cloud storage demand from hard-disk drives to flash and solid-state storage driven by AI applications. According to the firm, Everpure, Inc. (NYSE:PSTG) has six or seven proofs-of-concept with leading cloud providers, and its solutions offer a better total cost of ownership, as they are faster, more power-efficient, and operationally better. This put the company in a strong position to take advantage of the growing AI storage industry.

Everpure Inc. (NYSE:PSTG) is a data storage and management hardware and software company. It provides enterprise-class solutions, including all-flash storage arrays, cloud-native Kubernetes data management, and AI-driven infrastructure platforms. Its technology enables organizations to modernize hybrid cloud environments, protect critical data, and optimize performance for traditional and high-performance computing workloads.

While we acknowledge the potential of PSTG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PSTG and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see the 5 most oversold data center stocks to invest in.

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