Purple - Price Forecast & Ratings

What is the target price for Purple?

On November 5, an AI target price of Premium - Sign up was allocated to Purple (PRPL). This projected target price was predicated on several factors, including a longterm decrease in Twitter followers, a longterm decrease in financial fundamentals, a month over month drop in employee satisfaction, a month over month drop in business outlook across the company's employees, and a longterm decrease in web traffic.

Is PRPL a Buy, Sell or Hold?

Based on Alternative Data, Purple is a strong sell.

Should I buy PRPL stock?

Our Alternative Data analysis suggests selling PRPL. However, this information should not be considered financial advice. Like any investment choice, it's important to conduct comprehensive research, not only utilizing alternative data, but also considering the company's financials, industry trends, and recent news developments.

What Is the PRPL Stock Forecast for 2025?

With an AI score of 23, the PRPL stock forecast shows some concerns.

What is the PRPL price prediction for 2025?

To predict the price for PRPL in 2025, we can extrapolate the AI price target. This approach projects PRPL's price to reach $0.8.

What is the PRPL price prediction for 2030?

To predict the price for PRPL in 2030, we can again extrapolate the AI price target. This approach projects PRPL's price to reach $0.

How do we predict the price for PRPL?

When predicting the price for PRPL, our approach incorporates multiple scores assessing different aspects of the company. The Brand score measures growth and engagement across social media channels, indicating audience reach. The Employee score evaluates workforce health, considering job postings, business outlook, and employee ratings. The Customer score examines engagement on websites, app downloads, and sentiment in stock forums. Lastly, the Fundamental score analyzes financial statements and analyst ratings. By evaluating this data, we gain a holistic view of the company's performance, enabling more informed price predictions.

Will PRPL go up tomorrow?

Based on technical analysis of how the price has moved over the last 6 months, the likelihood of the price going up tomorrow is 23%.
Note that this is a simplistic analysis and should be used with caution, as prices are influenced by a myriad of factors.