$2.180
-0.309 (-14.17%)At close
Price Predictions
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PRPL Prediction & Forecast by Similar Chart Analysis
Alphio's PRPL stock price prediction model matches the current Purple Innovation Inc tape against historical breakout patterns, then publishes 1-day and 1-week targets first. The 1-day print is $2.16 (-0.99%). The 1-week path is $2.21 (+1.28%). Longer windows use the same pattern set plus seasonality; the 1-month and multi-year forecasts sit behind unlock because they include precise min / avg / max bands.
Should I Buy Purple Innovation Inc Stock?
Purple Innovation Inc is not a good buy right now due to significant financial challenges. The current price is $2.18, and the company has a 52-week high of $21.75, indicating a drastic decline of approximately 90% from its peak. Additionally, the RSI is at 30.03, suggesting that the stock is oversold, but this does not guarantee a rebound. The forward P/E ratio is extremely high at 285.71, indicating that the stock is overvalued relative to its earnings potential. The main risk is the recent earnings miss, with an EPS of -2.41 reported against an estimate of -0.72, reflecting ongoing profitability issues.
PRPL stock price ended at $2.18 on Friday, after losing -14.17%
Purple Innovation Inc (PRPL) last closed at $2.1800001, losing -14.17%. These facts feed the 1-day and 1-week PRPL price prediction above.
Analyst Consensus
Purple Innovation Inc (PRPL): 1 buy, 0 hold, 0 sell. Outlook: Strong Buy.
Sell / Buy
Technical signals summary based on buy and sell indicators. The gauge shows the overall market view.
Forecast Drivers
Purple Innovation Inc (PRPL) forecast drivers combine similar chart patterns, seasonality, and moving averages.
Similar patterns
Bullish
Seasonality
Bearish
SMA 20
Bearish
SMA 200
Bearish
Similar Chart Patterns
Stocks whose recent price path most closely matches PRPL, ranked by similarity.
Seasonality analysis for PRPL
Historically the probability of a positive November return for PRPL is 25.00%. February offers the highest probability of a positive month at 68.97%, while November is the weakest seasonal window. Alphio blends this calendar with technical signals and similar chart pattern matching before it writes the forecast.
10-year price projections for PRPL
| Month | Min Price | Avg Price | Max Price | Potential ROI |
|---|---|---|---|---|
| Nov 2026 | $0.69 | $0.82 | $0.92 | -62.17% |
| Dec 2026 | $0.66 | $0.75 | $0.89 | -65.43% |
In 2026, Purple Innovation Inc (PRPL) is projected to range from $0.66 to $0.92.
Purple Innovation Inc 2026 monthly forecast
In Nov 2026, Purple Innovation Inc is projected to average $0.82, with a low of $0.69 and high of $0.92.
In Dec 2026, Purple Innovation Inc is projected to average $0.75, with a low of $0.66 and high of $0.89.
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This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.