First Time Loading...

Purple Innovation Inc
NASDAQ:PRPL

Watchlist Manager
Purple Innovation Inc Logo
Purple Innovation Inc
NASDAQ:PRPL
Watchlist
Price: 1.56 USD 2.63% Market Closed
Updated: May 2, 2024

Wall Street
Price Targets

PRPL Price Targets Summary
Purple Innovation Inc

Wall Street analysts forecast PRPL stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for PRPL is 3.53 USD with a low forecast of 2.02 USD and a high forecast of 8.4 USD.

Lowest
Price Target
2.02 USD
29% Upside
Average
Price Target
3.53 USD
127% Upside
Highest
Price Target
8.4 USD
438% Upside

PRPL Last Price Targets
Purple Innovation Inc

The latest public price target was made on Mar 13, 2024 by Jeremy Hamblin from Craig-Hallum , who expects PRPL stock to rise by 28% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Jeremy Hamblin
Craig-Hallum
2 USD
Upside 28%
1 month ago
Mar 13, 2024
Purple Innovation (PRPL) PT Raised to $2 at Craig-Hallum on solid Q4 results
StreetInsider
Jeremy Hamblin
Craig-Hallum
Price Target 2 USD
Upside/Downside 28%
View Source
Purple Innovation Inc Competitors:
Price Targets
IDB
Italian Design Brands SpA
37% Upside
HOMERIZ
Homeritz Corporation Bhd
15% Downside
603180
GoldenHome Living Co Ltd
71% Upside
POHUAT
Poh Huat Resources Holdings Bhd
3% Downside
TPX
Tempur Sealy International Inc
31% Upside
1198
Royale Home Holdings Ltd
265% Upside
SFL
Sheela Foam Ltd
38% Upside
YATAS.E
Yatas Yatak ve Yorgan Sanayi Ticaret AS
58% Upside

Revenue
Forecast

Revenue Estimate
Purple Innovation Inc

The compound annual growth rate of Purple Innovation Inc's revenue for the next 3 years is 9%.

N/A
Past Growth
9%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Purple Innovation Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
3%
Average Beat

Net Income
Forecast

Net Income Estimate
Purple Innovation Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
50%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is PRPL's stock price target?
Price Target
3.53 USD

According to Wall Street analysts, the average 1-year price target for PRPL is 3.53 USD with a low forecast of 2.02 USD and a high forecast of 8.4 USD.

What is Purple Innovation Inc's Revenue forecast?
Projected CAGR
9%

The compound annual growth rate of Purple Innovation Inc's revenue for the next 3 years is 9%.