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PRPL
Stock ticker: NASDAQ
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PRPL stock forecast, quote, news & analysis

Purple Innovation Inc designs and manufactures sleep products... Show more

Industry: #Miscellaneous
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A.I.Advisor
published price charts
PRPL
Daily Signal:
Gain/Loss:
A.I.Advisor
a Summary for PRPL with price predictions
Nov 02, 2026

PRPL in +17.08% Uptrend, rising for three consecutive days on October 28, 2026

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where PRPL advanced for three days, in 179 of 231 cases, the price rose further within the following month. The odds of a continued upward trend are 77%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on October 15, 2026. You may want to consider a long position or call options on PRPL as a result. In 55 of 79 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 70%.

Bearish Trend Analysis

The 10-day RSI Indicator for PRPL moved out of overbought territory on October 29, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 21 similar instances where the indicator moved out of overbought territory. In 19 of the 21 cases, the stock moved lower in the following days. This puts the odds of a move lower at 90%.

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 37 of 41 cases where PRPL's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 90%.

PRPL moved below its 50-day moving average on November 02, 2026 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PRPL declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 90%.

PRPL broke above its upper Bollinger Band on October 27, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for PRPL entered a downward trend on October 19, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is 9 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Price Growth Rating for this company is 65 (best 1 - 100 worst), indicating fairly steady price growth. PRPL’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of 92 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (-0.196) is normal, around the industry mean (2.585). P/E Ratio (-0.254) is within average values for comparable stocks, (-52.926). PRPL's Projected Growth (PEG Ratio) (3.696) is very high in comparison to the industry average of (1.123). Dividend Yield (0.000) settles around the average of (0.051) among similar stocks. P/S Ratio (0.024) is also within normal values, averaging (1.671).

The Tickeron SMR rating for this company is 100 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. PRPL’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 81, placing this stock worse than average.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Whirlpool Corp (NYSE:WHR).

Industry description

The home furnishings industry includes companies that sell items like furniture, appliances, rugs, cooking utensils, and art objects. According to Mordor Intelligence, the U.S. home decor market is estimated to grow at CAGR 7.5% between 2019 and 2024. The market is being increasingly penetrated by e-commerce and m-commerce, while growing urbanization, and, consumers’ rising interest towards home decor are driving demand for the industry. Mohawk Industries, Inc., La-Z-Boy Incorporated, Leggett & Platt, Incorporated are some of the prominent companies in this space. Being usually discretionary for consumers, demand for furnishings could be affected by macroeconomic cycles.

Market Cap

The average market capitalization across the Home Furnishings Industry is 2.55B. The market cap for tickers in the group ranges from 6.58K to 30.04B. SN holds the highest valuation in this group at 30.04B. The lowest valued company is KMFI at 6.58K.

High and low price notable news

The average weekly price growth across all stocks in the Home Furnishings Industry was 0%. For the same Industry, the average monthly price growth was 3%, and the average quarterly price growth was 13%. ATER experienced the highest price growth at 23%, while XMAX experienced the biggest fall at -52%.

Volume

The average weekly volume growth across all stocks in the Home Furnishings Industry was 2%. For the same stocks of the Industry, the average monthly volume growth was 49% and the average quarterly volume growth was -30%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 57
P/E Growth Rating: 61
Price Growth Rating: 47
SMR Rating: 72
Profit Risk Rating: 81
Seasonality Score: 33 (-100 ... +100)
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published General Information

General Information

a developer of cushions, mattress, pillows and other sleep products

Industry HomeFurnishings

Industry
Miscellaneous
Address
4100 North Chapel Ridge Road
Phone
+1 801 756-2600
Employees
1100
Web
https://www.purple.com
PRPL in +17.08% Uptrend, rising for three consecutive days on October 28, 2026