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1.55
1.28%
-0.01
Purple Innovation Inc Stock (PRPL) Forecast
The Purple Innovation Inc (PRPL) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $1.5318, representing a -1.17% decrease from the current price of $1.55. The highest analyst price target is $1.9302, and the lowest is $1.1335.
Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month PRPL Price Target
Average 5.7177
(+268.88% Upside)
Is Purple Innovation Inc (PRPL) A Buy Now?
Oscillators
| Name | Value | Action |
|---|---|---|
| RSI(14) | 47.48 | Neutral |
| STOCH(9,6) | 53.73 | Neutral |
| STOCHRSI(14) | 89.37 | Sell |
| MACD(12,26) | -0.0377 | Sell |
| ADX(14) | 12.48 | Neutral |
| William %R | -50.00 | Neutral |
| CCI(14) | 85.15 | Neutral |
Buy: 0
Sell: 2
Neutral: 5
Summary: Neutral
Moving Averages
| Period | Simple | Exponential |
|---|---|---|
| MA10 |
1.535
Buy
|
1.5597
Buy
|
| MA20 |
1.6338
Sell
|
1.5949
Sell
|
| MA50 |
1.6765
Sell
|
1.5763
Sell
|
| MA100 |
1.374
Buy
|
1.5255
Buy
|
| MA200 |
1.5577
Buy
|
1.8236
Sell
|
Buy: 5
Sell: 5
Neutral: 0
Summary: Neutral
According to our latest analysis, PRPL could be considered a Moderate Sell, with 17 technical analysis indicators signaling 5 Buy signals, 7 signaling Sell signals and 5 Neutral signals. This might not be a good time to consider opening new positions on PRPL, as trading bearish markets can be challenging and may result in losses.
- RSI (Relative Strength Index): The RSI(14) value of 47.48 indicates that PRPL is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
- STOCH (Stochastic Oscillator): The STOCH value of 53.73 indicates that PRPL is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
- STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 89.37 indicates that PRPL is oversold. This suggests that PRPL price is at or near the highest level relative to its recent price history.
- ADX (Average Directional Index): The ADX value of The ADX value of 12.48 indicates that there is no clear directional movement, and the market may be ranging or moving sideways.
- CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 85.15 indicates that PRPL is still overbought but not to an extreme extent.
Long-term PRPL price forecast for 2025, 2030, 2035, 2040, 2045 and 2050
Based on our analysis about Purple Innovation Inc financial reports and earnings history, Purple Innovation Inc (PRPL) stock could reach $3.3831 by 2030, $3.5506 by 2040 and $8.4636 by 2050. See the projected annual prices until 2050 of the Purple Innovation Inc stock below:
- Purple Innovation Inc (PRPL) is expected to reach an average price of $2.4604 in 2035, with a high prediction of $2.4869 and a low estimate of $2.3027. This indicates an $58.73% rise from the last recorded price of $1.55.
- Purple Innovation Inc (PRPL) stock is projected to chart a bullish course in 2040, with an average price target of $3.1101, representing an $100.65% surge from its current level. The forecast ranges from a conservative $3.4501 to a sky-high $3.5506.
- Our analysts predict Purple Innovation Inc (PRPL) to jump 284.16% by 2045, soaring from $5.9944 to an average price of $5.9544, potentially reaching $6.5051. While $5.9944 is the low estimate, the potential upside is significant.
- Purple Innovation Inc (PRPL) stock is expected to climb by 2050, reaching an average of $6.6126, a $326.62% jump from its current level. However, a wide range of estimates exists, with high and low targets of $8.4636 and $8.1826, respectively, highlighting the market's uncertainty.
Purple Innovation Inc Stock (PRPL) Year by Year Forecast
Purple Innovation Inc Stock (PRPL) Price Forecast for 2024
Our forecast for PRPL stock price in 2024 now indicates an average price target of $3.0703 with a high forecast of $6.1074 and a low forecast of $0.0332. The average prediction reflects an increase of +98.08% from the last recorded price of $1.55.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| June, 2024 | $1.6252 | $1.1335 | $1.9302 | +4.85% |
| July, 2024 | $1.8672 | $1.0773 | $1.8872 | +20.46% |
| August, 2024 | $1.9308 | $1.3306 | $6.1074 | +24.57% |
| September, 2024 | $3.3393 | $2.4142 | $5.0509 | +115.44% |
| October, 2024 | $2.7213 | $0.9779 | $3.7334 | +75.57% |
| November, 2024 | $4.2435 | $2.0847 | $4.9049 | +173.77% |
| December, 2024 | $3.3984 | $2.1932 | $4.205 | +119.25% |
Purple Innovation Inc Stock (PRPL) Price Forecast for 2025
Purple Innovation Inc Stock (PRPL) is expected to reach an average price of $14.72 in 2025, with a high prediction of $29.37 and a low estimate of $0.0629. This indicates an +849.60% rise from the last recorded price of $1.55.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2025 | $4.5304 | $2.5452 | $4.9704 | +192.28% |
| February, 2025 | $7.9439 | $4.5788 | $8.1789 | +412.51% |
| March, 2025 | $8.9675 | $7.6424 | $11.37 | +478.55% |
| April, 2025 | $1.0995 | $0.1227 | $9.8509 | -29.07% |
| May, 2025 | $4.893 | $0.0629 | $5.192 | +215.68% |
| June, 2025 | $8.5966 | $5.0698 | $12.16 | +454.62% |
| July, 2025 | $13.97 | $8.37 | $14.76 | +801.52% |
| August, 2025 | $15.51 | $12.45 | $15.58 | +900.46% |
| September, 2025 | $19.78 | $13.27 | $23.58 | +1,176% |
| October, 2025 | $14.52 | $12.91 | $22.32 | +836.62% |
| November, 2025 | $20.81 | $13.67 | $21.45 | +1,243% |
| December, 2025 | $24.39 | $20.62 | $29.37 | +1,473% |
Purple Innovation Inc Stock (PRPL) Price Forecast for 2026
The predicted value for Purple Innovation Inc (PRPL) in 2026 is set at an average of $27.50. Estimates vary from a peak of $37.29 to a trough of $17.70, indicating an +1,674% surge from the present price of $1.55.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2026 | $26.74 | $20.28 | $28.46 | +1,625% |
| February, 2026 | $24.15 | $21.77 | $28.42 | +1,458% |
| March, 2026 | $31.66 | $23.67 | $33.98 | +1,943% |
| April, 2026 | $36.30 | $28.75 | $37.29 | +2,242% |
| May, 2026 | $29.67 | $19.99 | $37.08 | +1,814% |
| June, 2026 | $30.36 | $24.83 | $30.43 | +1,859% |
| July, 2026 | $27.62 | $24.65 | $32.84 | +1,682% |
| August, 2026 | $25.33 | $23.31 | $29.65 | +1,534% |
| September, 2026 | $23.47 | $21.04 | $25.79 | +1,414% |
| October, 2026 | $22.15 | $20.39 | $23.90 | +1,329% |
| November, 2026 | $21.05 | $20.59 | $24.45 | +1,258% |
| December, 2026 | $17.73 | $17.70 | $22.27 | +1,044% |
Purple Innovation Inc Stock (PRPL) Price Forecast for 2027
For 2027, Stockscan's Analyst expects the average price target for Purple Innovation Inc (PRPL) is $9.8956, with a high forecast of $19.59 and a low forecast of $0.20. This indicates an +538.43% increase from the last price of $1.55.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2027 | $17.13 | $16.37 | $19.59 | +1,005% |
| February, 2027 | $9.0216 | $8.9866 | $17.42 | +482.04% |
| March, 2027 | $8.6386 | $5.6786 | $9.1449 | +457.33% |
| April, 2027 | $7.3622 | $7.0922 | $11.05 | +374.98% |
| May, 2027 | $4.1157 | $3.7757 | $7.3256 | +165.53% |
| June, 2027 | $4.6327 | $2.1127 | $4.7127 | +198.88% |
| July, 2027 | $2.9663 | $2.9363 | $5.0595 | +91.37% |
| August, 2027 | $1.9798 | $1.8998 | $3.763 | +27.73% |
| September, 2027 | $3.2568 | $0.20 | $3.3318 | +110.11% |
| October, 2027 | $0.8403 | $0.7003 | $3.2602 | -45.78% |
| November, 2027 | $0.8739 | $0.2571 | $1.3671 | -43.62% |
| December, 2027 | $1.3609 | $0.2841 | $1.8195 | -12.20% |
Purple Innovation Inc Stock (PRPL) Price Forecast for 2028
In 2028, Purple Innovation Inc (PRPL) is projected to reach an average price of $2.3435, with a high projection of $4.5592 and a low estimate of $0.1278. This indicates an +51.20% rise from the last price of $1.55.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2028 | $0.5744 | $0.1544 | $1.7843 | -62.94% |
| February, 2028 | $1.568 | $0.1278 | $1.8596 | +1.16% |
| March, 2028 | $1.105 | $1.075 | $1.6564 | -28.71% |
| April, 2028 | $2.1885 | $0.9616 | $3.1451 | +41.20% |
| May, 2028 | $2.5355 | $1.9019 | $3.2972 | +63.58% |
| June, 2028 | $2.839 | $2.1589 | $3.779 | +83.16% |
| July, 2028 | $2.3726 | $2.3126 | $4.5592 | +53.07% |
| August, 2028 | $1.3796 | $1.2187 | $2.751 | -11.00% |
| September, 2028 | $0.2331 | $0.218 | $1.273 | -84.96% |
| October, 2028 | $0.7367 | $0.1465 | $0.9733 | -52.47% |
| November, 2028 | $1.0037 | $0.4651 | $1.8069 | -35.25% |
| December, 2028 | $0.8872 | $0.6038 | $1.357 | -42.76% |
Purple Innovation Inc Stock (PRPL) Price Forecast for 2029
The 2029 price forecast for Purple Innovation Inc Stock (PRPL) is $1.55 on average, with a high prediction of $3.0498 and a low estimate of $0.0503. This represents an +0.00% increase from the previous price of $1.55.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2029 | $1.2942 | $0.6806 | $1.444 | -16.50% |
| February, 2029 | $0.3977 | $0.2477 | $1.5126 | -74.34% |
| March, 2029 | $0.5313 | $0.3679 | $0.7645 | -65.72% |
| April, 2029 | $0.3151 | $0.0503 | $0.5547 | -79.67% |
| May, 2029 | $1.0343 | $0.3917 | $0.6281 | -33.27% |
| June, 2029 | $0.8865 | $0.9112 | $0.9022 | -42.81% |
| July, 2029 | $0.461 | $0.521 | $0.336 | -70.26% |
| August, 2029 | $0.4041 | $0.4741 | $0.5529 | -73.93% |
| September, 2029 | $0.0605 | $0.0838 | $0.2661 | -96.10% |
| October, 2029 | $0.2164 | $0.0671 | $0.9997 | -86.04% |
| November, 2029 | $0.22 | $0.1198 | $0.8566 | -85.81% |
| December, 2029 | $3.5735 | $0.2034 | $3.0498 | +130.55% |
Purple Innovation Inc Stock (PRPL) Price Forecast for 2030
Purple Innovation Inc Stock (PRPL) is expected to reach an average price of $3.4437 in 2030, with a high forecast of $6.855 and a low forecast of $0.0325. This signifies an +122.18% surge from the last price of $1.55.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2030 | $3.6248 | $3.8699 | $3.3831 | +133.86% |
| February, 2030 | $3.426 | $3.5527 | $3.2054 | +121.03% |
| March, 2030 | $3.4288 | $3.6288 | $3.2869 | +121.21% |
| April, 2030 | $1.5817 | $2.4917 | $2.982 | +2.04% |
| May, 2030 | $2.0778 | $1.0581 | $1.8178 | +34.05% |
| June, 2030 | $2.1806 | $2.4374 | $2.1806 | +40.69% |
| July, 2030 | $1.2967 | $1.9367 | $2.1671 | -16.34% |
| August, 2030 | $1.3396 | $1.275 | $1.1806 | -13.57% |
| September, 2030 | $1.2775 | $0.0325 | $1.2775 | -17.58% |
| October, 2030 | $5.1614 | $0.9343 | $6.2114 | +233.00% |
| November, 2030 | $1.0819 | $1.5814 | $6.855 | -30.20% |
| December, 2030 | $4.3593 | $3.1479 | $3.3243 | +181.24% |
0.34%
0.20%
Cap:
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Volume (24h):