Purple Innovation, Inc. (PRPL)
NASDAQ: PRPL · Real-Time Price · USD
7.63
+0.63 (9.00%)
At close: Jul 24, 2026, 4:00 PM EDT
7.62
-0.01 (-0.13%)
After-hours: Jul 24, 2026, 5:28 PM EDT

Purple Innovation Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Purple Innovation stock have an average target of $25, which predicts a 227.65% increase from the current stock price of 7.63.

Price Target: $25 (+227.65%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$25$25$25$25
Change+227.65%+227.65%+227.65%+227.65%
* Price targets were last updated on Apr 29, 2026.

Analyst Ratings

The average analyst rating for Purple Innovation stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Chart
RatingJul '25Nov '25Jan '26Mar '26Apr '26Jul '26
Strong Buy222211
Buy000000
Hold333333
Sell000000
Strong Sell000000
Total555544

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
UBS
UBS
Hold
Reiterates
$0.85$0.65
HoldReiterates$0.85$0.65-91.48%Apr 29, 2026
Roth MKM
Roth MKM
Buy
Maintains
$1
BuyMaintains$1-86.89%Apr 29, 2026
KeyBanc
KeyBanc
Hold
Downgrades
n/a
HoldDowngradesn/an/aApr 28, 2026

Financial Forecast

Revenue This Year
470.45M
from 468.73M
Increased by 0.37%
Revenue Next Year
499.40M
from 470.45M
Increased by 6.15%
EPS This Year
-0.27
from -0.32
EPS Next Year
-0.20
from -0.27
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
725.00M573.20M510.54M487.88M468.73M470.45M
Revenue Growth
11.80%-20.94%-10.93%-4.44%-3.93%0.37%
Gross Profit
293.75M208.09M171.83M196.57M189.55M191.00M
Gross Margin
40.52%36.30%33.66%40.29%40.44%40.60%
Operating Income
-24.58M-38.85M-106.83M-56.77M-30.65M-15.28M
Net Income
3.11M-92.47M-120.76M-97.90M-51.41M-47.45M
EPS
-----0.32-0.27
Free Cash Flow
-86.96M-73.83M-38.99M-18.41M-42.31M-12.76M
No. Analysts
-----4
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High481.0M
Avg470.5M
Low465.0M

Revenue Growth

Revenue Growth202620272028
High
2.6%
Avg
0.4%
Low
-0.8%

EPS Forecast

EPS202620272028
High-
Avg-0.27
Low-

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-