Get the Stockscreener App
1.98
4.21%
0.08
Purple Innovation Inc Stock (PRPL) Forecast
The Purple Innovation Inc (PRPL) stock price forecast for the next 30 days is generally positive, with an average analyst price target of $100.43, representing a +4,972% increase from the current price of $1.98. The highest analyst price target is $180.54, and the lowest is $20.32.
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 183.59
(+9,172% Upside)
Is Purple Innovation Inc (PRPL) A Buy Now?
Oscillators
| Name | Value | Action |
|---|---|---|
| RSI(14) | 26.31 | Buy |
| STOCH(9,6) | 13.83 | Buy |
| STOCHRSI(14) | 67.84 | Neutral |
| MACD(12,26) | -0.5845 | Buy |
| ADX(14) | 48.18 | Sell |
| William %R | -90.25 | Buy |
| CCI(14) | -34.62 | Neutral |
Buy: 4
Sell: 1
Neutral: 2
Summary: Buy
Moving Averages
| Period | Simple | Exponential |
|---|---|---|
| MA10 |
1.998
Sell
|
2.0343
Sell
|
| MA20 |
2.2702
Sell
|
2.3913
Sell
|
| MA50 |
4.0765
Sell
|
3.9382
Sell
|
| MA100 |
6.5936
Sell
|
6.4179
Sell
|
| MA200 |
11.38
Sell
|
10.29
Sell
|
Buy: 0
Sell: 10
Neutral: 0
Summary: Sell
According to our latest analysis, PRPL could be considered a Strong Sell, with 17 technical analysis indicators signaling 4 Buy signals, 11 signaling Sell signals and 2 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 26.31 indicates that PRPL is oversold. This indicates that PRPL price has experienced a significant decline over a specified lookback period, potentially leading to a rebound.
- STOCH (Stochastic Oscillator): The STOCH value of 13.83 indicates that PRPL is oversold. This indicates that PRPL price is at or near the lowest level over a specified lookback period.
- STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 67.84 indicates that PRPL is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
- ADX (Average Directional Index): The ADX value of The ADX value of 48.18 suggests a moderate trend in the market. It indicates that there is more conviction behind the directional movement compared to lower ADX values. You should consider this as a potential opportunity to enter trades in the direction of the trend.
- CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -34.62 indicates that PRPL is not in oversold or overbought territory. It suggests a neutral sentiment in the short term.
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 $188.08 by 2030, $920.63 by 2040 and $2,100.19 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 $515.00 in 2035, with a high prediction of $527.79 and a low estimate of $516.75. This indicates an $25,910% rise from the last recorded price of $1.98.
- Purple Innovation Inc (PRPL) stock is projected to chart a bullish course in 2040, with an average price target of $917.35, representing an $46,231% surge from its current level. The forecast ranges from a conservative $921.85 to a sky-high $920.63.
- Our analysts predict Purple Innovation Inc (PRPL) to jump 72,469% by 2045, soaring from $1,439.07 to an average price of $1,436.86, potentially reaching $1,486.95. While $1,439.07 is the low estimate, the potential upside is significant.
- Purple Innovation Inc (PRPL) stock is expected to climb by 2050, reaching an average of $2,111.53, a $106.54K% jump from its current level. However, a wide range of estimates exists, with high and low targets of $2,100.19 and $2,103.67, respectively, highlighting the market's uncertainty.
Purple Innovation Inc Stock (PRPL) Year by Year Forecast
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 $107.23. Estimates vary from a peak of $214.31 to a trough of $0.15, indicating an +5,316% surge from the present price of $1.98.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| November, 2026 | $211.04 | $20.32 | $180.54 | +10,558% |
| December, 2026 | $187.83 | $230.86 | $214.31 | +9,386% |
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 $250.91, with a high forecast of $346.85 and a low forecast of $154.97. This indicates an +12,572% increase from the last price of $1.98.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2027 | $214.37 | $154.97 | $176.37 | +10,727% |
| February, 2027 | $290.16 | $262.94 | $261.84 | +14,555% |
| March, 2027 | $270.52 | $305.11 | $307.63 | +13,563% |
| April, 2027 | $306.82 | $297.17 | $286.07 | +15,396% |
| May, 2027 | $341.68 | $306.26 | $318.43 | +17,157% |
| June, 2027 | $287.47 | $327.85 | $335.00 | +14,419% |
| July, 2027 | $342.51 | $310.79 | $321.51 | +17,199% |
| August, 2027 | $340.13 | $341.59 | $346.85 | +17,078% |
| September, 2027 | $317.42 | $330.67 | $327.77 | +15,931% |
| October, 2027 | $331.71 | $338.36 | $335.38 | +16,653% |
| November, 2027 | $303.07 | $304.07 | $328.78 | +15,207% |
| December, 2027 | $306.36 | $306.02 | $303.86 | +15,373% |
Purple Innovation Inc Stock (PRPL) Price Forecast for 2028
In 2028, Purple Innovation Inc (PRPL) is projected to reach an average price of $264.86, with a high projection of $299.94 and a low estimate of $229.78. This indicates an +13,277% rise from the last price of $1.98.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2028 | $259.73 | $271.08 | $299.94 | +13,017% |
| February, 2028 | $258.52 | $261.55 | $254.02 | +12,956% |
| March, 2028 | $245.56 | $247.06 | $253.09 | +12,302% |
| April, 2028 | $251.85 | $229.78 | $221.13 | +12,620% |
| May, 2028 | $269.96 | $254.94 | $251.96 | +13,535% |
| June, 2028 | $293.25 | $289.93 | $284.50 | +14,711% |
| July, 2028 | $269.12 | $277.92 | $280.33 | +13,492% |
| August, 2028 | $261.91 | $251.59 | $249.69 | +13,128% |
| September, 2028 | $259.45 | $262.98 | $259.38 | +13,004% |
| October, 2028 | $242.56 | $243.81 | $256.40 | +12,151% |
| November, 2028 | $259.61 | $242.64 | $254.88 | +13,011% |
| December, 2028 | $250.90 | $253.40 | $255.18 | +12,572% |
Purple Innovation Inc Stock (PRPL) Price Forecast for 2029
The 2029 price forecast for Purple Innovation Inc Stock (PRPL) is $231.33 on average, with a high prediction of $273.31 and a low estimate of $189.36. This represents an +11,584% increase from the previous price of $1.98.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2029 | $266.76 | $264.09 | $263.19 | +13,373% |
| February, 2029 | $277.95 | $271.73 | $269.41 | +13,938% |
| March, 2029 | $268.89 | $270.34 | $273.31 | +13,480% |
| April, 2029 | $254.01 | $254.38 | $250.99 | +12,729% |
| May, 2029 | $244.75 | $246.50 | $251.15 | +12,261% |
| June, 2029 | $230.79 | $231.79 | $239.57 | +11,556% |
| July, 2029 | $217.15 | $213.26 | $214.11 | +10,867% |
| August, 2029 | $211.69 | $209.37 | $208.23 | +10,592% |
| September, 2029 | $203.24 | $205.73 | $206.27 | +10,164% |
| October, 2029 | $208.10 | $205.06 | $203.53 | +10,410% |
| November, 2029 | $195.89 | $201.14 | $206.37 | +9,793% |
| December, 2029 | $192.25 | $189.36 | $187.46 | +9,610% |
Purple Innovation Inc Stock (PRPL) Price Forecast for 2030
Purple Innovation Inc Stock (PRPL) is expected to reach an average price of $150.56 in 2030, with a high forecast of $188.08 and a low forecast of $113.04. This signifies an +7,504% surge from the last price of $1.98.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2030 | $186.05 | $184.60 | $188.08 | +9,296% |
| February, 2030 | $180.12 | $180.25 | $181.99 | +8,997% |
| March, 2030 | $176.72 | $176.88 | $178.16 | +8,825% |
| April, 2030 | $167.69 | $169.98 | $172.97 | +8,369% |
| May, 2030 | $160.37 | $162.03 | $163.06 | +7,999% |
| June, 2030 | $154.89 | $157.32 | $158.61 | +7,723% |
| July, 2030 | $141.94 | $143.16 | $148.90 | +7,069% |
| August, 2030 | $138.73 | $143.01 | $141.21 | +6,907% |
| September, 2030 | $136.51 | $137.84 | $136.74 | +6,794% |
| October, 2030 | $129.62 | $130.38 | $133.90 | +6,446% |
| November, 2030 | $119.51 | $120.17 | $120.21 | +5,936% |
| December, 2030 | $112.81 | $113.04 | $117.50 | +5,597% |
2.29%
6.48%
Open in Yahoo
|
Open in Google
|
Open in Finviz
|
Open in MarketWatch
|
Open in EDGAR
|
Open in Reuters
Cap:
|
Volume (24h):