Purple Innovation upgraded by Craig Hallum with a new price target
$PRPL
Home Furnishings
Consumer Discretionary
Craig Hallum upgraded Purple Innovation from Hold to Buy and set a new price target of $6.00 from $4.00 previously
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| 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 |
Wedbush downgraded Purple Innovation from Outperform to Neutral and set a new price target of $1.10 from $1.75 previously
ROTH MKM upgraded Purple Innovation from Neutral to Buy and set a new price target of $2.50 from $2.00 previously
Craig Hallum upgraded Purple Innovation from Hold to Buy and set a new price target of $6.00 from $4.00 previously
3 - Purple Innovation, Inc. (0001643953) (Issuer)
4 - Purple Innovation, Inc. (0001643953) (Issuer)
4 - Purple Innovation, Inc. (0001643953) (Issuer)
Exceeded Q1 Adjusted EBITDA Target; Delivered Q1 Sales Consistent with Guidance GAAP Gross Margin of 39.4% in Q1; Adjusted Gross Margin Above 40% for Fourth Consecutive Quarter LEHI, Utah, May 6, 2025 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ:PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure™ Mattress," today announced results for the first quarter ended March 31, 2025. "Our first quarter performance reflects continued progress against our strategic priorities to stabilize and strengthen the business, and position Purple fo
Agreements meaningfully increase Purple's footprint in Mattress Firm stores nationwide and provide Purple with strategic supply support from Tempur Sherwood Bolsters Mattress Firm's position as a multi-branded retailer offering customers more choice and value, while enabling Somnigroup to participate in Purple's future success Purple secures substantial new debt financing to support expansion with Mattress Firm and continued investments in innovation and advertising LEHI, Utah, May 6, 2025 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ:PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure™ Mattress," today announced that it has entered into an agr
LEHI, Utah, May 2, 2025 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ:PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure™ Mattress," will report first quarter 2025 financial results on Tuesday, May 6, 2025 at approximately 4:05 p.m. ET. The Company will hold a conference call that day at 4:30 p.m. ET to review the financial results. Investors and analysts interested in participating in the call are invited to dial 800-715-9871 (domestic) or 646-307-1963 (international) with Conference ID 7609054. The conference call will also be