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 | $2.77 | 1051.19% |
| 2021-11-10 | 10 | $45 | $9.5 | $20.055 | $2.77 | 624.01% |
| 2022-01-05 | 10 | $45 | $7.6 | $18.733 | $2.77 | 576.28% |
| 2022-01-26 | 10 | $45 | $7.6 | $18.177 | $2.77 | 556.21% |
| 2022-02-04 | 10 | $45 | $7.6 | $17.733 | $2.77 | 540.18% |
| 2022-02-18 | 10 | $45 | $5.5 | $17.5 | $2.77 | 531.77% |
| 2022-03-01 | 10 | $45 | $5.5 | $16.611 | $2.77 | 499.68% |
| 2022-03-25 | 10 | $45 | $4.5 | $13.944 | $2.77 | 403.39% |
| 2022-05-11 | 9 | $45 | $4.5 | $14.937 | $2.77 | 439.24% |
| 2022-06-01 | 9 | $22 | $3 | $10.621 | $2.77 | 283.43% |
| 2022-08-10 | 9 | $22 | $3 | $10.05 | $2.77 | 262.82% |
| 2022-08-13 | 9 | $22 | $2.7 | $9.821 | $2.77 | 254.55% |
| 2022-09-19 | 9 | $22 | $2.7 | $9.25 | $2.77 | 233.94% |
| 2022-09-20 | 9 | $22 | $2.7 | $8.864 | $2.77 | 220% |
| 2022-10-05 | 8 | $15 | $2.7 | $6.675 | $2.77 | 140.97% |
| 2022-11-11 | 8 | $8 | $2.7 | $5.175 | $2.77 | 86.82% |
| 2023-01-12 | 8 | $8 | $2.7 | $5.783 | $2.77 | 108.77% |
| 2023-01-31 | 8 | $8 | $4 | $6 | $2.77 | 116.61% |
| 2023-02-01 | 8 | $8 | $4 | $6.458 | $2.77 | 133.14% |
| 2023-02-14 | 8 | $8 | $3.6 | $6.391 | $2.77 | 130.72% |
| 2023-03-17 | 8 | $8 | $3 | $6.291 | $2.77 | 127.11% |
The Trend in the Analyst Price Target
PRPL's average price target has moved down $11.83 over the prior 13 months.
Over the past 51 weeks, PRPL's average upside potential has been 119.2%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-05-13 | 9 | 22 | 3.0 | 10.621 | 4.43 | 139.75% |
| 2022-05-26 | 9 | 22 | 3.0 | 10.621 | 5.66 | 87.65% |
| 2022-08-13 | 9 | 22 | 2.7 | 9.864 | 3.95 | 149.72% |
| 2023-01-16 | 8 | 8 | 4.0 | 6.000 | 5.76 | 4.17% |
| 2023-03-17 | 8 | 8 | 3.0 | 5.666 | 2.65 | 113.81% |
PRPL Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.13 | 4 | 0 | 3 | 0 | 0 | 8 |
The Trend in the Broker Recommendations
Over the past 16 months, PRPL's average broker recommendation rating improved by 0.08.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- PURPLE INNOVATION INC's variance in analysts' estimates is lower than -2498.11% of all US stocks.
- PRPL has a higher average analyst price target than 334.96% of Consumer Cyclical stocks.
- PURPLE INNOVATION INC's upside potential (average analyst target price relative to current price) is higher than 2460.67% of Consumer Goods stocks.
- PRPL has a greater number of analysts covering the stock than 1897.9% of stocks in the mid market cap category.
Stocks similar to PURPLE INNOVATION INC in the Consumer Goods industry regarding analyst recommendations and price targets are CODI, TPX, and SNBR.
View All Top Stocks by Price Target
What is the outlook for PRPL? Use POWR Ratings for clearer insight into price direction.