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NASDAQ:PRPL

Purple Innovation (PRPL) Stock Price, News & Analysis

Purple Innovation logo
$2.10 -0.03 (-1.41%)
Closing price 10/2/2026 04:00 PM Eastern
Extended Trading
$2.11 +0.01 (+0.48%)
As of 10/2/2026 07:30 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Purple Innovation Stock (NASDAQ:PRPL)

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Key Stats

Today's Range
$2.10
▼
$2.20
50-Day Range
$2.10
▼
$9.75
52-Week Range
$2.05
▼
$24.75
Volume
13,804 shs
Average Volume
55,028 shs
Market Capitalization
$9.16 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$16.25
Consensus Rating
Reduce

Company Overview

Purple Innovation, Inc. develops and sells sleep and comfort products under the Purple brand. Its product portfolio includes mattresses, pillows, mattress toppers, cushions, bedding, adjustable bed bases and other accessories designed to support sleep and pressure relief.

The company’s products are distinguished by its proprietary Purple Grid, a flexible, gel-like polymer material designed to provide cushioning, airflow and support. Purple sells directly to consumers through its website and retail showrooms, as well as through selected third-party retail and distribution partners.

Purple was founded by brothers Tony and Terry Pearce, inventors with backgrounds in product development and materials engineering, and became a publicly traded company in 2018. The company is headquartered in Lehi, Utah, and serves customers primarily in the United States, with its products also available through select international channels.

AI Generated. May Contain Errors.

Purple Innovation Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
30th Percentile Overall Score

PRPL MarketRank™: 

Purple Innovation scored higher than 30% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Purple Innovation has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no strong buy ratings, no buy ratings, 2 hold ratings, and 1 sell rating.

  • Upside Potential

    Purple Innovation has a consensus price target of $16.25, representing about 673.8% upside from its current price of $2.10.

  • Amount of Analyst Coverage

    Purple Innovation has only been the subject of 1 research reports in the past 90 days.

  • Read more about Purple Innovation's stock forecast and price target.
  • Earnings Growth

    Earnings for Purple Innovation are expected to grow in the coming year, from ($6.34) to ($5.52) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Purple Innovation is -0.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Purple Innovation is -0.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Read more about Purple Innovation's valuation and earnings.
  • Percentage of Shares Shorted

    5.67% of the float of Purple Innovation has been sold short.
  • Short Interest Ratio / Days to Cover

    Purple Innovation has a short interest ratio ("days to cover") of 3.25, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Purple Innovation has recently increased by 13.14%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Purple Innovation does not currently pay a dividend.

  • Dividend Growth

    Purple Innovation does not have a long track record of dividend growth.

  • MarketBeat Follows

    Only 1 people have added Purple Innovation to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Purple Innovation insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    54.00% of the stock of Purple Innovation is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    88.41% of the stock of Purple Innovation is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Purple Innovation's insider trading history.
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PRPL Stock News Headlines

Trump's New Dollar
Porter Stansberry says President Trump has signed an executive order initiating what he calls a full U.S. dollar reset - and most Americans don't know it's happening. The last time America underwent a monetary shift like this, under Nixon in the 1970s, it minted an average of 1,300 new millionaires a day for over half a century. Stansberry has released a new documentary naming the assets he believes are positioned to surge as a result.tc pixel
Purple Innovation Reports Second Quarter 2026 Results
See More Headlines

PRPL Stock Analysis - Frequently Asked Questions

Purple Innovation's stock was trading at $17.2625 at the beginning of the year. Since then, PRPL stock has decreased by 87.8% and is now trading at $2.10.

Purple Innovation, Inc. (NASDAQ:PRPL) posted its earnings results on Monday, August, 10th. The company reported ($1.52) earnings per share (EPS) for the quarter, topping the consensus estimate of ($2.18) by $0.66. The company had revenue of $98.27 million for the quarter, compared to analyst estimates of $104.39 million.
Read the conference call transcript
.

Shares of Purple Innovation reverse split on Monday, July 20th 2026.A 1-25 reverse split was announced. The number of shares owned by shareholders was adjusted after the closing bell on Sunday, July 19th 2026. An investor that had 100 shares of stock prior to the reverse split would have 4 shares after the split.

Shares of PRPL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Purple Innovation investors own include NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), Meta Platforms (META), Visa (V), Home Depot (HD) and JPMorgan Chase & Co. (JPM).

Company Calendar

Last Earnings
8/10/2026
Today
10/04/2026
Next Earnings (Estimated)
11/03/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Household Durables
Sub-Industry
Home Furnishings
Current Symbol
NASDAQ:PRPL
CIK
1643953
Fax
N/A
Employees
1,100
Year Founded
2010

Price Target and Rating

High Price Target
$16.25
Low Price Target
$16.25
Potential Upside/Downside
+673.8%
Consensus Rating
Reduce
Rating Score (0-4)
1.67
Research Coverage
3 Analysts

Profitability

EPS (Trailing Twelve Months)
($11.24)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$51.41 million
Net Margins
-10.74%
Pretax Margin
-10.72%
Return on Equity
N/A
Return on Assets
-10.89%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
0.52
Quick Ratio
0.27

Sales & Book Value

Annual Sales
$468.73 million
Price / Sales
0.02
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
($6.84) per share
Price / Book
-0.31

Miscellaneous

Outstanding Shares
4,360,000
Free Float
2,006,000
Market Cap
$9.16 million
Optionable
Optionable
Beta
1.45

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This page (NASDAQ:PRPL) was last updated on 10/4/2026 by MarketBeat.com Staff.
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