Purple Innovation Inc. (PRPL) Social Stream



Purple Innovation Inc. (PRPL): $3.11

-0.39 (-11.14%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Purple Innovation Inc (PRPL) Price Targets From Analysts

The tables below show price targets and recommendations from analysts covering Purple Innovation Inc.

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 $7.49 325.74%
2021-11-10 10 $45 $9.5 $20.055 $7.49 167.76%
2022-01-05 10 $45 $7.6 $18.733 $7.49 150.11%
2022-01-26 10 $45 $7.6 $18.177 $7.49 142.68%
2022-02-04 10 $45 $7.6 $17.733 $7.49 136.76%
2022-02-18 10 $45 $5.5 $17.5 $7.49 133.64%
2022-03-01 10 $45 $5.5 $16.611 $7.49 121.78%
2022-03-02 10 $45 $4.5 $14.055 $7.49 87.65%

The Trend in the Analyst Price Target


PRPL's average price target has moved down $25.05 over the prior 52 weeks.

Over the past 50 weeks, PRPL's average upside potential has been 71%.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2021-04-17 3 45 30.0 36.700 35.54 3.26%
2021-07-10 9 45 31.0 37.700 26.93 39.99%
2021-09-04 9 45 34.0 36.800 24.11 52.63%
2022-01-12 10 45 7.6 18.511 11.49 61.11%
2022-01-26 10 45 7.6 18.177 7.81 132.74%

PRPL Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
2.5 3 0 6 0 0 10

The Trend in the Broker Recommendations


PRPL's average broker recommendation rating worsened by 0.7 over the prior 151 days.

The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for PRPL as an investment opportunity.

  • PRPL has a lower variance in analysts' estimates than -787.64% of all US stocks.
  • PRPL has a greater upside potential (average analyst target price relative to current price) than 789.29% of Consumer Cyclical stocks.
  • PRPL has a higher average analyst price target than 139.78% of Consumer Cyclical stocks.
  • To contextualize these metrics, consider that out of stocks in the mid market cap category, Purple Innovation Inc's number of analysts covering the stock is greater than 712.35% of them.

In terms of price targets and recommendations offered by analysts, the stocks in the Consumer Goods industry with the ratings most similar to Purple Innovation Inc are LZB, LEG, and CODI.

Is PRPL a Buy, Hold or Sell? See the POWR Ratings now!


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