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NASDAQ:PRPL

Purple Innovation (PRPL) Stock Price, News & Analysis

Purple Innovation logo
$6.44 -0.16 (-2.39%)
As of 10:09 AM Eastern
This is a fair market value price provided by Massive. Learn more.

About Purple Innovation Stock (NASDAQ:PRPL)

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Key Stats

Today's Range
$6.23
$6.54
50-Day Range
$6.12
$10.70
52-Week Range
$6.12
$31.50
Volume
3,784 shs
Average Volume
15,518 shs
Market Capitalization
$28.09 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$16.25
Consensus Rating
Reduce

Company Overview

Purple Innovation, Inc. is a consumer products company specializing in the design, development and manufacture of comfort technology for the sleep and home furnishings markets. Best known for its proprietary Hyper-Elastic Polymer “Grid” technology, the company engineers mattresses, pillows and cushions that aim to combine pressure relief, support and temperature neutrality. Purple offers an array of sleep products alongside related lifestyle and wellness solutions.

The company’s product portfolio includes mattress models in various sizes and thicknesses, adjustable bed frames, pillows, sheets and mattress protectors, as well as seat cushions and pet beds. Purple’s approach to innovation focuses on material science and ergonomics, seeking to enhance both residential and commercial applications of its polymer grid in furniture and support surfaces.

Purple distributes its products through multiple channels, including direct-to-consumer online sales, Purple-branded retail showrooms and a network of third-party retail partners across North America. The company primarily serves markets in the United States and Canada, leveraging e-commerce, wholesale and specialty retail relationships to broaden its consumer reach.

Founded in 2010 by inventors Tony and Terry Pearce, Purple Innovation is headquartered in Lehi, Utah. The company completed its initial public offering in 2019 and is supported by a management team with backgrounds in product design, manufacturing and retail operations, guiding its continued expansion in the bedding and comfort products industry.

AI Generated. May Contain Errors.

Purple Innovation Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
62nd Percentile Overall Score

PRPL MarketRank™: 

Purple Innovation scored higher than 62% of companies evaluated by MarketBeat, and ranked 274th out of 486 stocks in the consumer discretionary sector. 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 143.2% upside from its current price of $6.68.

  • 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 ($6.63) to ($5.52) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Purple Innovation is -0.59, 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 -0.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Percentage of Shares Shorted

    4.01% 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 2.48, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Purple Innovation has recently decreased by 95.65%, indicating that investor sentiment is improving 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.

  • News Sentiment

    Purple Innovation has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 12 news articles for Purple Innovation this week, compared to 1 article on an average week.
  • MarketBeat Follows

    2 people have added Purple Innovation to their MarketBeat watchlist in the last 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

Purple Innovation Q2 Earnings Call Highlights
Trump’s New Currency Reset
Trump is launching a new $250 bill - but that may be a distraction. Behind the scenes, Executive Order 14241 is orchestrating what analyst Porter Stansberry calls a total U.S. money reset, bypassing conventional legal channels under the guise of national security. The last time America reset its currency - under Nixon in the 1970s - it created an average of 1,300 new millionaires a day for over 50 years. Stansberry has identified three asset categories connected to Trump's initiative that could surge, plus his single top investment move.tc pixel
Purple Innovation Reports Second Quarter 2026 Results
Purple Innovation (PRPL) to Post Earnings on Monday
See More Headlines

PRPL Stock Analysis - Frequently Asked Questions

Purple Innovation's stock was trading at $17.2625 at the start of the year. Since then, PRPL shares have decreased by 61.3% and is now trading at $6.6810.

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

Purple Innovation's stock 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 market closes 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.

Purple Innovation's top institutional shareholders include BlackRock Inc. (23.98%), Crumly & Associates Inc. (0.31%) and GSA Capital Partners LLP (1.70%). Insiders that own company stock include Robert Demartini, Gary T Dicamillo, Robert Gerard Lucian and George Turner Ulrich.
View institutional ownership trends
.

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
8/14/2026
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
+152.3%
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
-13.62%
Return on Equity
N/A
Return on Assets
-10.65%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
1.24
Quick Ratio
0.62

Sales & Book Value

Annual Sales
$468.73 million
Price / Sales
0.06
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
($6.84) per share
Price / Book
-0.94

Miscellaneous

Outstanding Shares
4,360,000
Free Float
2,005,000
Market Cap
$28.09 million
Optionable
Optionable
Beta
1.46

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This page (NASDAQ:PRPL) was last updated on 8/14/2026 by MarketBeat.com Staff.
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