Purple Innovation, Inc. designs and manufactures mattresses, pillows, and cushions. It also offers sheets, mattress protectors, bed frames, seat cushions, and weighted blankets and duvets. The company markets and sells its products through direct-to-consumer online channels, retail brick-and-mortar wholesale partners, and third-party online retailers, as well as through its factory outlet and the company owned showrooms. Purple Innovation, Inc. was founded in 2010 and is headquartered in Lehi, Utah.
IPO Year: 2015
Exchange: NASDAQ
Website: purple.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/4/2024 | $1.75 → $1.10 | Outperform → Neutral | Wedbush |
| 3/13/2024 | $2.00 → $2.50 | Neutral → Buy | ROTH MKM |
| 11/10/2022 | $4.00 → $6.00 | Hold → Buy | Craig Hallum |
| 3/2/2022 | $5.50 → $4.50 | Underperform | BofA Securities |
| 3/2/2022 | $10.00 → $5.00 | Hold | Truist |
| 3/2/2022 | $9.00 → $6.00 | Neutral | B. Riley Securities |
| 3/2/2022 | $10.00 → $6.50 | Neutral | UBS |
| 3/2/2022 | $10.00 → $6.00 | Buy → Neutral | ROTH Capital |
| 3/2/2022 | $22.00 → $16.00 | Overweight | Keybanc |
| 12/14/2021 | $20.00 → $10.00 | Outperform | Wedbush |