1.47
price down icon3.92%   -0.06
after-market  After Hours:  1.46  -0.01   -0.68%
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Purple Innovation Inc Stock (PRPL) Forecast

The Purple Innovation Inc (PRPL) stock price forecast for the next 12 months is generally positive, with an average analyst price target of $6.4009, representing a +335.44% increase from the current price of $1.47. The highest analyst price target is $12.11, and the lowest is $0.6916.

Based on our technical indicators, the current sentiment is bearish but PRPL could still hit $24.30 in 2025. 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.

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 6.4009 (+335.44% Upside)
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Purple Innovation Inc Stock (PRPL) Technical Analysis Forecast

Oscillators
Name Value Action
RSI(14) 40.33 Neutral
STOCH(9,6) 9.5017 Buy
STOCHRSI(14) 0.00 Buy
MACD(12,26) -0.0255 Sell
ADX(14) 21.42 Neutral
William %R -97.74 Buy
CCI(14) -102.60 Sell
Buy: 3 Sell: 2 Neutral: 2
Summary: Buy
Moving Averages
Period Simple Exponential
MA10
1.6835
Sell
1.6232
Sell
MA20
1.7003
Sell
1.6683
Sell
MA50
1.6517
Sell
1.5907
Sell
MA100
1.308
Buy
1.5218
Sell
MA200
1.6191
Sell
1.8477
Sell
Buy: 1 Sell: 9 Neutral: 0
Summary: Sell

Long-term PRPL price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Our analysts are offering long term price forecasts for Purple Innovation Inc In 2050, the median target price for PRPL is $3.8351, with a high estimate of $6.8714 and a low estimate of $1.7566. The median estimate represents a +160.89% increase from the last price of $1.47. Below is our long term PRPL Price forecast table with detailed price target for each year.

Year Average Low High Change from today's price
2024 $3.755 $0.1803 $6.8625 +155.44%
2025 $22.30 $0.7972 $24.30 +1,417%
2026 $21.46 $20.70 $37.99 +1,360%
2027 $1.3264 $0.8653 $21.94 +-9.77%
2028 $1.6335 $0.7809 $5.1998 +11.12%
2029 $3.6925 $0.0241 $3.7145 +151.19%
2030 $0.3913 $0.00389 $8.3305 -73.38%
2035 $6.0209 $0.6402 $8.1742 +309.59%
2040 $13.16 $0.2917 $12.76 +794.97%
2045 $2.3233 $0.7309 $4.5452 +58.04%
2050 $3.8351 $1.7566 $6.8714 +160.89%

Purple Innovation Inc Stock (PRPL) Year by Year Forecast

Purple Innovation Inc Stock (PRPL) Price Forecast for 2024

For Purple Innovation Inc Stock (PRPL) price forecast for 2024, the average price target for Purple Innovation Inc Stock is $3.5214 with a high forecast of $6.8625 and a low forecast of $0.1803. The average PRPL price prediction of 2024 represents a +139.55% increase from the last price of $1.47.
Month Average Low High Change from today's price
May, 2024 $1.3073 $0.6916 $1.5844 -11.07%
June, 2024 $2.4486 $0.7968 $2.8473 +66.57%
July, 2024 $2.3164 $1.8942 $2.6899 +57.58%
August, 2024 $2.624 $1.8341 $2.644 +78.51%
September, 2024 $4.0782 $2.0869 $6.8625 +177.43%
October, 2024 $3.7794 $3.2695 $5.8038 +157.10%
November, 2024 $3.4708 $1.728 $4.4835 +136.11%
December, 2024 $3.755 $2.8337 $5.6521 +155.44%

Purple Innovation Inc Stock (PRPL) Price Forecast for 2025

Purple Innovation Inc Stock (PRPL) is expected to reach an average price of $12.55 in 2025, with a high prediction of $24.30 and a low estimate of $0.7972. This indicates an +753.78% rise from the last recorded price of $1.47.
Month Average Low High Change from today's price
January, 2025 $3.7063 $3.5278 $4.9506 +152.13%
February, 2025 $5.2726 $3.2891 $5.7126 +258.68%
March, 2025 $9.4918 $5.3204 $9.8718 +545.70%
April, 2025 $8.9031 $8.3331 $12.11 +505.65%
May, 2025 $1.8344 $0.8587 $9.2459 +24.79%
June, 2025 $6.4085 $0.7972 $8.5785 +335.96%
July, 2025 $10.12 $5.8014 $12.89 +588.43%
August, 2025 $14.70 $9.7727 $15.49 +900.08%
September, 2025 $15.55 $13.18 $17.70 +957.51%
October, 2025 $18.25 $14.78 $24.30 +1,141%
November, 2025 $15.24 $13.63 $19.23 +936.60%
December, 2025 $22.30 $14.39 $23.17 +1,417%

Purple Innovation Inc Stock (PRPL) Price Forecast for 2026

The 2026 price forecast for Purple Innovation Inc Stock (PRPL) stands at an average of $29.35. Projections range from a high of $37.99 to a low of $20.70, signifying an +1,896% increase from the previous price of $1.47.
Month Average Low High Change from today's price
January, 2026 $25.10 $21.33 $30.09 +1,608%
February, 2026 $27.45 $21.00 $29.18 +1,768%
March, 2026 $30.87 $22.48 $31.85 +2,000%
April, 2026 $34.93 $27.26 $35.01 +2,276%
May, 2026 $37.00 $29.45 $37.99 +2,417%
June, 2026 $27.71 $20.70 $37.79 +1,785%
July, 2026 $32.61 $25.53 $32.93 +2,118%
August, 2026 $26.15 $25.35 $33.54 +1,679%
September, 2026 $23.17 $21.73 $27.03 +1,476%
October, 2026 $24.16 $22.57 $26.10 +1,544%
November, 2026 $24.04 $21.08 $25.14 +1,535%
December, 2026 $21.46 $21.11 $24.25 +1,360%

Purple Innovation Inc Stock (PRPL) Price Forecast for 2027

For 2027, the average price target for Purple Innovation Inc Stock (PRPL) is $11.40, with a high forecast of $21.94 and a low forecast of $0.8653. This indicates an +675.76% increase from the last price of $1.47.
Month Average Low High Change from today's price
January, 2027 $18.42 $18.39 $21.94 +1,153%
February, 2027 $17.81 $17.05 $20.28 +1,112%
March, 2027 $8.606 $8.311 $18.10 +485.44%
April, 2027 $9.3174 $6.3574 $9.3274 +533.83%
May, 2027 $6.2215 $6.0415 $11.73 +323.23%
June, 2027 $4.1928 $4.1378 $6.8443 +185.23%
July, 2027 $5.3041 $2.7841 $5.3841 +260.83%
August, 2027 $3.6983 $3.6033 $5.7298 +151.58%
September, 2027 $1.9696 $1.9296 $4.4311 +33.99%
October, 2027 $3.9209 $0.8653 $3.9959 +166.73%
November, 2027 $1.9051 $1.3622 $3.9238 +29.60%
December, 2027 $1.3264 $0.9179 $2.0279 -9.77%

Purple Innovation Inc Stock (PRPL) Price Forecast for 2028

Purple Innovation Inc Stock (PRPL) is estimated to achieve an average price of $2.9903 in 2028, with a high projection of $5.1998 and a low estimate of $0.7809. This suggests an +103.42% rise from the preceding price of $1.47.
Month Average Low High Change from today's price
January, 2028 $1.1905 $0.942 $2.4763 -19.01%
February, 2028 $1.2219 $0.7819 $1.579 -16.88%
March, 2028 $2.1032 $0.8297 $2.5125 +43.07%
April, 2028 $1.7545 $1.7245 $2.2317 +19.35%
May, 2028 $3.3486 $1.6106 $3.793 +127.80%
June, 2028 $3.18 $2.8284 $3.9428 +116.32%
July, 2028 $4.3041 $2.8028 $4.4213 +192.80%
August, 2028 $2.9354 $2.8054 $5.1998 +99.69%
September, 2028 $2.0167 $1.8558 $2.9983 +37.19%
October, 2028 $1.1209 $0.7809 $1.9096 -23.75%
November, 2028 $1.5622 $1.0337 $2.0022 +6.27%
December, 2028 $1.6335 $1.4585 $2.4379 +11.12%

Purple Innovation Inc Stock (PRPL) Price Forecast for 2029

The 2029 price forecast for Purple Innovation Inc Stock (PRPL) is $1.8693 on average, with a high prediction of $3.7145 and a low estimate of $0.0241. This represents an +27.16% increase from the previous price of $1.47.
Month Average Low High Change from today's price
January, 2029 $1.4977 $1.232 $1.9864 +1.88%
February, 2029 $1.919 $1.4605 $2.0705 +30.54%
March, 2029 $1.0203 $0.8703 $2.1368 -30.59%
April, 2029 $0.6445 $0.5695 $1.386 -56.16%
May, 2029 $0.2458 $0.2258 $0.6923 -83.28%
June, 2029 $0.419 $0.0614 $0.3086 -71.50%
July, 2029 $0.3262 $0.2654 $0.4712 -77.81%
August, 2029 $3.4143 $0.0241 $3.38 +132.27%
September, 2029 $3.5617 $3.7474 $3.503 +142.29%
October, 2029 $3.3234 $3.5004 $3.3004 +126.08%
November, 2029 $3.5608 $3.2721 $3.1577 +142.23%
December, 2029 $3.6925 $3.6925 $3.7145 +151.19%

Purple Innovation Inc Stock (PRPL) Price Forecast for 2030

Purple Innovation Inc Stock (PRPL) is expected to reach an average price of $4.1672 in 2030, with a high forecast of $8.3305 and a low forecast of $0.00389. This signifies an +183.48% surge from the last price of $1.47.
Month Average Low High Change from today's price
January, 2030 $2.0463 $3.1912 $2.9772 +39.21%
February, 2030 $2.1072 $2.3472 $1.8029 +43.35%
March, 2030 $1.9509 $2.0346 $1.8615 +32.71%
April, 2030 $1.9163 $2.0688 $1.7721 +30.36%
May, 2030 $0.0736 $0.9836 $2.6851 -94.99%
June, 2030 $0.3211 $0.378 $1.6777 -78.16%
July, 2030 $0.6827 $0.5841 $0.6827 -53.56%
August, 2030 $0.2301 $0.4957 $1.6543 -84.35%
September, 2030 $0.1482 $0.2162 $0.9913 -89.92%
October, 2030 $2.7609 $0.00389 $2.7609 +87.81%
November, 2030 $5.6735 $2.4165 $6.0535 +285.95%
December, 2030 $0.3913 $0.1082 $8.3305 -73.38%
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