Seeing Is Believing
PRPL is currently covered by 7 analysts with an average price target of $2.98. This is a potential upside of $2.09 (234.83%) from yesterday's end of day stock price of $0.89.
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.
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 $2.98.
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
3 months 21 days ago
(04-Sep-2024)
13/19 (68.42%)
$0.01 (0.92%)
75
Hold
$1.5
$0.48 (47.06%)
$2
4 months 19 days ago
(06-Aug-2024)
8/14 (57.14%)
$0.42 (38.89%)
59
Hold
$2.5
$1.48 (145.10%)
$2
9 months 12 days ago
(13-Mar-2024)
3/6 (50%)
$0.84 (50.60%)
27
Buy
$5
$3.98 (390.20%)
11 months 1 days ago
(24-Jan-2024)
10/20 (50%)
$3.97 (385.44%)
32
Hold
$8
1 years 1 months 12 days ago
(13-Nov-2023)
4/7 (57.14%)
$5.83 (268.66%)
72
What is PRPL (Purple Innovation) average time for price targets to be met?
Which analyst has the current highest performing score on PRPL (Purple Innovation) with a proven track record?
Which analyst has the most public recommendations on PRPL (Purple Innovation)?
Which analyst is the currently most bullish on PRPL (Purple Innovation)?
Which analyst is the currently most reserved on PRPL (Purple Innovation)?