Analyst Price Target is $18.78
▲ +80.25% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for Purple Innovation in the last 3 months. The average price target is $18.78, with a high forecast of $45.00 and a low forecast of $7.60. The average price target represents a 80.25% upside from the last price of $10.42.
Current Consensus is
The current consensus among 11 polled investment analysts is to hold stock in Purple Innovation. This rating has held steady since June 2021, when it changed from a Buy consensus rating.
Purple Innovation, Inc. engages in the design and manufacture of comfort technology products. It offers mattresses, bed pillows, seat cushions, mattress protector, and bamboo sheets. The company was founded by Terry V. Pearce and Tony Marion Pearce in 1989 and is headquartered in Lehi, Utah.