▼ -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.
The current consensus among 10 investment analysts is to buy stock in Purple Innovation.
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.