▲ +14.39% Upside 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 $35.67, with a high forecast of $41.00 and a low forecast of $32.00. The average price target represents a 14.39% upside from the last price of $31.18.
The current consensus among 10 investment analysts is to buy stock in Purple Innovation. This Buy consensus rating has held steady for over two years.
Purple Innovation, Inc. designs and manufactures mattresses, pillows, and cushions. It also offers sheets, mattress protector, bed frames, seat cushions, and weighted blanket and duvets. The company markets and sells its products through direct-to-consumer online channels, retail brick-and-mortar wholesale partners, and third-party online retailers, as well as through its factory outlet and the company owned showrooms. Purple Innovation, Inc. was founded in 2010 and is headquartered in Lehi, Utah.