Roth Capital Predicts Weaker Earnings for PURPLE INNOVATION

Key Points

• Roth Capital has downgraded its earnings estimates for PURPLE INNOVATION, anticipating a Q3 2025 EPS of ($0.09), down from ($0.07).
• PURPLE INNOVATION reported a Q2 earnings loss of ($0.11) per share, surpassing the anticipated loss of ($0.12).
• After recent evaluations, Wall Street Zen changed its rating for PURPLE from "hold" to "sell."

PURPLE INNOVATION, INC. (NASDAQ:PRPL - Free Report) - Analysts at Roth Capital reduced their Q3 2025 EPS estimates for PURPLE INNOVATION in a research report issued to clients and investors on Wednesday, July 30th. Roth Capital analyst M. Koranda now anticipates that the company will post earnings per share of ($0.09) for the quarter, down from their prior forecast of ($0.07). The consensus estimate for PURPLE INNOVATION's current full-year earnings is ($0.47) per share. Roth Capital also issued estimates for PURPLE INNOVATION's Q4 2025 earnings at ($0.02) EPS, FY2025 earnings at ($0.32) EPS, Q2 2026 earnings at ($0.06) EPS, Q4 2026 earnings at ($0.02) EPS and FY2026 earnings at ($0.23) EPS.

PURPLE INNOVATION (NASDAQ:PRPL - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The company reported ($0.11) EPS for the quarter, topping analysts' consensus estimates of ($0.12) by $0.01. PURPLE INNOVATION had a negative return on equity of 472.12% and a negative net margin of 18.43%. The company had revenue of $105.10 million during the quarter, compared to analyst estimates of $103.69 million.

Separately, Wall Street Zen lowered PURPLE INNOVATION from a "hold" rating to a "sell" rating in a research report on Friday, July 18th.

PURPLE INNOVATION Stock Up 0.5%

PURPLE INNOVATION stock traded up $0.00 on Friday, hitting $0.85. 407,680 shares of the stock traded hands, compared to its average volume of 775,489. The company has a current ratio of 1.49, a quick ratio of 0.77 and a debt-to-equity ratio of 54.69. The firm has a market cap of $91.98 million, a P/E ratio of -1.09 and a beta of 1.42. The business's fifty day simple moving average is $0.77 and its 200 day simple moving average is $0.81. PURPLE INNOVATION has a 1 year low of $0.56 and a 1 year high of $1.37.

Hedge Funds Weigh In On PURPLE INNOVATION

Several large investors have recently added to or reduced their stakes in PRPL. Barclays PLC raised its stake in shares of PURPLE INNOVATION by 14.5% in the fourth quarter. Barclays PLC now owns 85,627 shares of the company's stock worth $67,000 after purchasing an additional 10,824 shares during the last quarter. Bank of America Corp DE grew its holdings in PURPLE INNOVATION by 45.1% in the fourth quarter. Bank of America Corp DE now owns 55,984 shares of the company's stock valued at $44,000 after purchasing an additional 17,406 shares during the period. AQR Capital Management LLC acquired a new stake in PURPLE INNOVATION in the first quarter valued at approximately $28,000. Crumly & Associates Inc. grew its holdings in PURPLE INNOVATION by 100.2% in the first quarter. Crumly & Associates Inc. now owns 163,663 shares of the company's stock valued at $124,000 after purchasing an additional 81,900 shares during the period. Finally, Townsquare Capital LLC acquired a new stake in PURPLE INNOVATION in the fourth quarter valued at approximately $73,000. Hedge funds and other institutional investors own 88.41% of the company's stock.

PURPLE INNOVATION Company Profile

Purple Innovation, Inc designs and manufactures sleep and other products in the United States and internationally. The company offers mattresses, pillows, cushions, bases, sheets, platforms, adjustable bases, mattress protectors, foundations, blankets, duvets, duvet covers, seat cushions, and pet beds under the Purple brand.