Purple - Price Forecast & Ratings

What is the target price for Purple?

On December 23, 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 increase in Instagram followers, a month over month spike in job posts, a month over month spike in employee satisfaction, a month over month spike in business outlook across the company's employees, and a month over month spike in web traffic.

Is PRPL a Buy, Sell or Hold?

Based on Alternative Data, Purple is a hold.

Should I buy PRPL stock?

Alternative data suggests that it's recommended to approach Purple (PRPL) with caution. While there are positive indicators, the overall assessment suggests a hold based on Alternative Data analysis. However, this information should not be considered financial advice.

What Is the PRPL Stock Forecast for 2025?

With an AI score of 51, the PRPL stock forecast suggests stability.

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 $0.89.

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 $1.19.

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 is hard to tell since there has been no significant change in the price today to base a prediction on.
Note that this is a simplistic analysis and should be used with caution, as prices are influenced by a myriad of factors.