$4.280
-0.200 (-4.68%)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 $4.26 (-0.44%). The 1-week path is $4.24 (-0.89%). 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 its significant financial struggles and negative market sentiment. The current price is $4.28, which is down 76.23% year-to-date, and the RSI is at a very low 10.67, indicating extreme oversold conditions. Additionally, the company has reported a net income loss of $30.54 million in Q1 2026 and a gross margin of only 36.76%, which is below the expected baseline of 40%. The main risk is the ongoing revenue decline, with Q2 2026 net revenue down 6.5% year-over-year, reflecting challenges in the competitive mattress market.
PRPL stock price ended at $4.28 on Friday, after losing -4.68%
Purple Innovation Inc (PRPL) last closed at $4.28, losing -4.68%. 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
Bullish
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 August return for PRPL is 68.25%. September offers the highest probability of a positive month at 100.00%, 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 |
|---|---|---|---|---|
| Aug 2026 | $0.70 | $0.70 | $0.85 | -83.55% |
| Sep 2026 | $0.59 | $0.61 | $0.72 | -85.82% |
| Oct 2026 | $0.74 | $0.84 | $1.06 | -80.35% |
| Nov 2026 | $0.69 | $0.82 | $0.92 | -80.73% |
| Dec 2026 | $0.66 | $0.75 | $0.89 | -82.39% |
In 2026, Purple Innovation Inc (PRPL) is projected to range from $0.59 to $1.06.
Purple Innovation Inc 2026 monthly forecast
In Aug 2026, Purple Innovation Inc is projected to average $0.70, with a low of $0.70 and high of $0.85.
In Sep 2026, Purple Innovation Inc is projected to average $0.61, with a low of $0.59 and high of $0.72.
In Oct 2026, Purple Innovation Inc is projected to average $0.84, with a low of $0.74 and high of $1.06.
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.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.