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NASDAQ:PRPL

Purple Innovation (PRPL) Stock Price, News & Analysis

Purple Innovation logo
$1.97 0.00 (0.00%)
As of 10:35 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
$1.93
▼
$1.93
50-Day Range
$1.87
▼
$9.58
52-Week Range
$1.83
▼
$22.75
Volume
2,829 shs
Average Volume
20,977 shs
Market Capitalization
$8.59 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$16.25
Consensus Rating
Reduce

Company Overview

Purple Innovation, Inc. is a direct-to-consumer and omnichannel comfort-products company best known for its Purple mattress brand. The company develops and sells mattresses designed around its proprietary GelFlex Grid, a flexible, pressure-relieving material intended to provide support, airflow and a responsive sleep surface.

In addition to mattresses, Purple offers pillows, seat cushions, mattress protectors, sheets, blankets, bed frames and adjustable bases. Its products are sold through the company’s e-commerce platform, branded retail stores and third-party retail partners, primarily serving customers in the United States.

Purple was founded by brothers Tony and Terry Pearce, inventors associated with the company’s cushioning technology, and the Purple brand launched its first mattress in 2016. Purple Innovation became a publicly traded company in 2018 through a business combination with Global Partner Acquisition Corp. The company is headquartered in Lehi, Utah.

AI Generated. May Contain Errors.

Purple Innovation Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
40th Percentile Overall Score

PRPL MarketRank™: 
2.012541254125 of 5 stars

Purple Innovation scored higher than 40% 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 724.9% upside from its current price of $1.97.

  • 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.
  • Percentage of Shares Shorted

    7.52% 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 2.11, 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 32.62%, 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.

  • News Sentiment

    Purple Innovation has a news sentiment score of 1.15. 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 is a higher news sentiment than the 0.55 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

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

    Only 1 people have added Purple Innovation to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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

Federal Reserve Reveals Disturbing New Plan To Control Your Money
Docket No. OP-1670 is drawing attention for what it reveals about the Federal Reserve's next move. Buried on page 84 is a plan that could expand oversight of checking accounts, purchases, and money transfers across the country. Martin D. Weiss, PhD, founder of Weiss Ratings, breaks down what this document means and why it could roll out as soon as this summer.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 88.6% and is now trading at $1.97.

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

Purple Innovation shares reverse split on the morning of 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.

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), Walt Disney (DIS), Micron Technology (MU), Palantir Technologies (PLTR) and Zoom Communications (ZM).

Company Calendar

Last Earnings
8/10/2026
Today
10/14/2026
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
+731.2%
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
-0.29

Miscellaneous

Outstanding Shares
4,360,000
Free Float
2,006,000
Market Cap
$8.52 million
Optionable
Optionable
Beta
1.45

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This page (NASDAQ:PRPL) was last updated on 10/14/2026 by MarketBeat.com Staff.
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