Purple Innovation Inc. (PRPL) Social Stream
PURPLE INNOVATION INC (PRPL) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering PRPL.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-08 | 10 | $45 | $16 | $31.888 | $0.918 | 3373.64% |
| 2021-11-10 | 10 | $45 | $9.5 | $20.055 | $0.918 | 2084.64% |
| 2022-01-05 | 10 | $45 | $7.6 | $18.733 | $0.918 | 1940.63% |
| 2022-01-26 | 10 | $45 | $7.6 | $18.177 | $0.918 | 1880.07% |
| 2022-02-04 | 10 | $45 | $7.6 | $17.733 | $0.918 | 1831.7% |
| 2022-02-18 | 10 | $45 | $5.5 | $17.5 | $0.918 | 1806.32% |
| 2022-03-01 | 10 | $45 | $5.5 | $16.611 | $0.918 | 1709.48% |
| 2022-03-25 | 10 | $45 | $4.5 | $14.055 | $0.918 | 1431.05% |
| 2022-05-11 | 9 | $45 | $4.5 | $14.937 | $0.918 | 1527.12% |
| 2022-06-01 | 9 | $22 | $3 | $10.621 | $0.918 | 1056.97% |
| 2022-08-10 | 9 | $22 | $3 | $10.05 | $0.918 | 994.77% |
| 2022-08-13 | 9 | $22 | $2.7 | $9.864 | $0.918 | 974.51% |
| 2022-09-19 | 9 | $22 | $2.7 | $9.25 | $0.918 | 907.63% |
| 2022-09-20 | 9 | $22 | $2.7 | $8.864 | $0.918 | 865.58% |
| 2022-10-05 | 8 | $15 | $2.7 | $6.675 | $0.918 | 627.12% |
| 2022-11-11 | 8 | $8 | $2.7 | $5.175 | $0.918 | 463.73% |
| 2023-01-12 | 8 | $8 | $2.7 | $5.866 | $0.918 | 539% |
| 2023-01-31 | 8 | $8 | $4 | $6 | $0.918 | 553.59% |
| 2023-02-01 | 8 | $8 | $4 | $6.458 | $0.918 | 603.49% |
| 2023-02-14 | 8 | $8 | $3.6 | $6.391 | $0.918 | 596.19% |
| 2023-03-17 | 9 | $8 | $3 | $5.666 | $0.918 | 517.21% |
| 2023-04-19 | 9 | $8 | $2.75 | $5.25 | $0.918 | 471.9% |
| 2023-08-08 | 9 | $8 | $2.5 | $4.892 | $0.918 | 432.9% |
| 2023-10-22 | 9 | $8 | $2.5 | $4.75 | $0.918 | 417.43% |
| 2023-11-10 | 9 | $6 | $1 | $3.35 | $0.918 | 264.92% |
The Trend in the Analyst Price Target
Over the past 26 months, PRPL's average price target has gone down $33.59.
Over the past 43 weeks, PRPL's average upside potential has been 159.62%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-02-10 | 8 | 8 | 3.60 | 6.391 | 4.560 | 40.15% |
| 2023-03-17 | 8 | 8 | 3.00 | 6.291 | 2.650 | 137.4% |
| 2023-03-24 | 9 | 8 | 2.75 | 5.250 | 2.680 | 95.9% |
| 2023-08-08 | 9 | 8 | 2.50 | 4.892 | 3.070 | 59.35% |
| 2023-11-10 | 8 | 6 | 1.00 | 3.350 | 0.564 | 493.97% |
PRPL Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.5 | 2 | 0 | 6 | 0 | 0 | 8 |
The Trend in the Broker Recommendations
PRPL's average broker recommendation rating worsened by 0.2 over the prior 23 months.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- To contextualize these metrics, consider that out of all US stocks, PURPLE INNOVATION INC's upside potential (average analyst target price relative to current price) is greater than 3352.2% of them.
- To contextualize these metrics, consider that out of Consumer Goods stocks, PURPLE INNOVATION INC's variance in analysts' estimates is lower than -3247.81% of them.
- PURPLE INNOVATION INC's average analyst price target is higher than 336.03% of Consumer Cyclical stocks.
- In terms of how PURPLE INNOVATION INC fares relative to stocks in the mid market cap category, note that its number of analysts covering the stock is greater than 2206.75% of that group.
Stocks similar to PURPLE INNOVATION INC in the Consumer Goods industry regarding analyst recommendations and price targets are SCL, FOSL, and EPC.
View All Top Stocks by Price Target
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