PRPL - Purple Innovation - Stock Forecast

Consumer Cyclical - Sector
Coverage Stock analysts Price Targets & Ratings Chart Insider Trading

PRPL is currently covered by 7 analysts with an average price target of $2.97. This is a potential upside of $2.09 (237.5%) from yesterday's end of day stock price of $0.88.

Purple Innovation's activity chart (see below) currently has 126 price targets and 105 ratings on display. The stock rating distribution of PRPL is 38.46% HOLD, 7.69% SELL and 53.85% BUY.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 67.66% with an average time for these price targets to be met of 43.27 days.

Highest price target for PRPL is $5, Lowest price target is $1.1, average price target is $2.97.

Most recent stock forecast was given by SETH BASHAM from WEDBUSH on 04-Sep-2024. First documented stock forecast 11-Apr-2018.

Currently out of the existing stock ratings of PRPL, 10 are a HOLD (38.46%), 2 are a SELL (7.69%), 14 are a BUY (53.85%).

Analyst name

Rating

Current price target

Potential Upside

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Buy

$1.1

$0.08 (7.84%)

$2.25

2 months 20 days ago
(04-Sep-2024)

13/19 (68.42%)

$0.01 (0.92%)

75

Hold

$1.5

$0.48 (47.06%)

$2

3 months 18 days ago
(06-Aug-2024)

8/14 (57.14%)

$0.42 (38.89%)

59

Hold

$2.5

$1.48 (145.10%)

$2

8 months 11 days ago
(13-Mar-2024)

3/6 (50%)

$0.84 (50.60%)

27

Buy

$5

$3.98 (390.20%)

10 months ago
(24-Jan-2024)

10/20 (50%)

$3.97 (385.44%)

32

Hold

$8

1 years 11 days ago
(13-Nov-2023)

4/7 (57.14%)

$5.83 (268.66%)

72

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What is PRPL (Purple Innovation) average time for price targets to be met?

On average it took 43.27 days on average for the stock forecasts to be realized with a an average price target met ratio 67.66

Which analyst has the current highest performing score on PRPL (Purple Innovation) with a proven track record?

JEREMY HAMBLIN

Which analyst has the most public recommendations on PRPL (Purple Innovation)?

Jeremy Hamblin works at CRAIG HALLUM and has 14 price targets and 10 ratings on PRPL

Which analyst is the currently most bullish on PRPL (Purple Innovation)?

Allen Klee with highest potential upside - $26.95

Which analyst is the currently most reserved on PRPL (Purple Innovation)?

Bobby Griffin with lowest potential downside - -$0

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