NASDAQ:PRPL - Purple Innovation Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $27.90
  • Forecasted Upside: -8.31 %
  • Number of Analysts: 10
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 10 Buy Ratings
  • 0 Strong Buy Ratings
$30.43
▲ +0.11 (0.36%)
1 month | 3 months | 12 months
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Analyst Price Target for PRPL

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$27.90
▼ -8.31% Downside Potential
This price target is based on 10 analysts offering 12 month price targets for Purple Innovation in the last 3 months. The average price target is $27.90, with a high forecast of $40.00 and a low forecast of $10.00. The average price target represents a -8.31% upside from the last price of $30.43.
Buy
The current consensus among 10 investment analysts is to buy stock in Purple Innovation.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/4/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/2/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/31/2019
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/29/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/28/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/27/2020
  • 0 strong buy ratings
  • 8 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/25/2020
  • 0 strong buy ratings
  • 10 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/25/2020

Latest Recommendations

  • 0 strong buy ratings
  • 10 buy ratings
  • 0 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/20/2020Craig HallumBoost Price TargetBuy$32.00 ➝ $40.00High
i
10/14/2020B. RileyBoost Price TargetBuy$26.00 ➝ $33.00Medium
i
Rating by Susan Anderson at B. Riley
10/14/2020B. Riley SecuritiesBoost Price TargetBuy$26.00 ➝ $33.00Medium
i
10/13/2020UBS GroupInitiated CoverageBuy$35.00Low
i
10/6/2020OppenheimerBoost Price TargetOutperform$25.00 ➝ $37.00High
i
Rating by Brian Nagel at Oppenheimer Holdings Inc.
9/4/2020OppenheimerReiterated RatingBuyHigh
i
Rating by Brian Nagel at Oppenheimer Holdings Inc.
9/3/2020Roth CapitalReiterated RatingBuyHigh
i
Rating by M. Koranda at Roth Capital
8/19/2020Raymond JamesReiterated RatingBuyMedium
i
Rating by Bobby Griffin at Raymond James
8/14/2020Craig HallumBoost Price TargetBuy$30.00 ➝ $31.00High
i
8/14/2020B. RileyBoost Price TargetBuy$23.00 ➝ $26.00High
i
Rating by Susan Anderson at B. Riley
8/14/2020KeyCorpBoost Price TargetOverweight$22.00 ➝ $26.00High
i
8/14/2020Raymond JamesBoost Price TargetOutperform$19.00 ➝ $28.00High
i
8/7/2020WedbushBoost Price TargetOutperform$17.00 ➝ $27.00Low
i
8/3/2020Craig HallumInitiated CoverageBuy$30.00High
i
7/28/2020OppenheimerReiterated RatingBuy$19.00 ➝ $25.00High
i
Rating by Brian Nagel at Oppenheimer Holdings Inc.
7/24/2020KeyCorpBoost Price TargetOverweight$18.00 ➝ $22.00High
i
6/17/2020OppenheimerReiterated RatingBuy$19.00Medium
i
Rating by Brian Nagel at Oppenheimer Holdings Inc.
6/16/2020B. RileyInitiated CoverageBuy$23.00High
i
6/11/2020Raymond JamesBoost Price TargetOutperform$16.00 ➝ $19.00Medium
i
6/10/2020OppenheimerReiterated RatingBuy$19.00Low
i
Rating by Brian Nagel at Oppenheimer Holdings Inc.
6/10/2020KeyCorpBoost Price TargetOverweight$16.00 ➝ $18.00Medium
i
5/12/2020WedbushBoost Price TargetOutperform$11.00 ➝ $17.00High
i
5/12/2020KeyCorpBoost Price TargetOverweight$12.00 ➝ $16.00High
i
Rating by Bradley Thomas at KeyCorp
5/12/2020Raymond JamesBoost Price TargetOutperform$10.00 ➝ $16.00High
i
3/31/2020KeyCorpLower Price TargetOverweight$14.00 ➝ $12.00High
i
Rating by Bradley Thomas at KeyCorp
3/25/2020Raymond JamesLower Price TargetOutperform$13.00 ➝ $10.00High
i
3/10/2020WedbushBoost Price TargetOutperform$13.00 ➝ $14.00High
i
Rating by Seth Basham at Wedbush
2/14/2020OppenheimerReiterated RatingBuy$15.00 ➝ $19.00High
i
Rating by Brian Nagel at Oppenheimer Holdings Inc.
1/27/2020KeyCorpBoost Price TargetOverweight$12.00 ➝ $14.00Low
i
Rating by Bradley Thomas at KeyCorp
1/16/2020Raymond JamesBoost Price TargetPositive ➝ Outperform$11.00 ➝ $13.00Medium
i
1/14/2020WedbushBoost Price TargetOutperform$12.00 ➝ $13.00Low
i
Rating by Seth Basham at Wedbush
12/19/2019Bank of AmericaInitiated CoverageBuy$10.00Medium
i
11/26/2019OppenheimerInitiated CoverageBuy$15.00High
i
11/26/2019Raymond JamesInitiated CoverageOutperform$11.00Low
i
11/25/2019KeyCorpInitiated CoverageOverweight$12.00 ➝ $12.00High
i
10/28/2019Roth CapitalInitiated CoverageBuy$10.00High
i
Rating by D. King at Roth Capital
9/23/2019WedbushBoost Price TargetOutperform$9.00 ➝ $12.00High
i
Rating by S. Basham at Wedbush
5/8/2019WedbushReiterated RatingOutperformLow
i
Rating by S. Basham at Wedbush
3/13/2019WedbushReiterated RatingOutperform$6.50Medium
i
11/15/2018WedbushLower Price TargetOutperform ➝ Outperform$8.00 ➝ $6.50High
i
8/10/2018WedbushLower Price TargetOutperform ➝ Outperform$11.00 ➝ $8.00N/A
i
Rating by S. Basham at Wedbush
4/10/2018WedbushInitiated CoverageOutperform ➝ Outperform$11.00High
i
Rating by S. Basham at Wedbush
(Data available from 10/26/2015 forward)
Purple Innovation logo
Purple Innovation, Inc. designs and manufactures mattresses, pillows, and cushions. It also offers sheets, mattress protectors, platform bases, and foundations. The company markets and sells its products through direct-to-consumer online channels, traditional wholesale partners, and third-party online retailers. Purple Innovation, Inc. was founded in 2010 and is headquartered in Alpine, Utah.
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Today's Range

Now: $30.43
$29.20
$30.53

50 Day Range

MA: $25.13
$17.28
$32.20

52 Week Range

Now: $30.43
$4.42
$33.37

Volume

386,200 shs

Average Volume

932,895 shs

Market Capitalization

$1.64 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.51