Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Purple Innovation, Inc. designs and manufactures mattresses, pillows, and cushions. The company also offers bases, foundations, sheets, mattress protectors, bed frames, seat cushions, weighted blankets, and duvets, as well as pet beds. It markets and sells its products through its e-commerce online channels retail brick-and-mortar wholesale partners, and third-party online retailers, as well as through...
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks.
Target Price
The average target price of PRPL is 2.4 and suggests 229% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increa
