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Purple Innovation (PRPL) Competitors

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$0.81 0.00 (-0.30%)
Closing price 08/1/2025 04:00 PM Eastern
Extended Trading
$0.86 +0.05 (+5.93%)
As of 08/1/2025 07:35 PM Eastern
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PRPL vs. SLSN, WALD, COOK, HBB, GPRO, VIOT, SNBR, BRLT, SHOT, and RAY

Should you be buying Purple Innovation stock or one of its competitors? The main competitors of Purple Innovation include Solesence (SLSN), Waldencast (WALD), Traeger (COOK), Hamilton Beach Brands (HBB), GoPro (GPRO), Viomi Technology (VIOT), Sleep Number (SNBR), Brilliant Earth Group (BRLT), Safety Shot (SHOT), and Raytech (RAY). These companies are all part of the "consumer goods" industry.

Purple Innovation vs. Its Competitors

Purple Innovation (NASDAQ:PRPL) and Solesence (NASDAQ:SLSN) are both small-cap consumer staples companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, valuation, institutional ownership, analyst recommendations, earnings, risk, profitability and media sentiment.

Purple Innovation has a beta of 1.42, indicating that its share price is 42% more volatile than the S&P 500. Comparatively, Solesence has a beta of 0.87, indicating that its share price is 13% less volatile than the S&P 500.

In the previous week, Purple Innovation had 12 more articles in the media than Solesence. MarketBeat recorded 15 mentions for Purple Innovation and 3 mentions for Solesence. Purple Innovation's average media sentiment score of 0.66 beat Solesence's score of 0.20 indicating that Purple Innovation is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Purple Innovation
4 Very Positive mention(s)
5 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Solesence
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Purple Innovation currently has a consensus target price of $1.25, indicating a potential upside of 54.51%. Given Purple Innovation's stronger consensus rating and higher possible upside, research analysts plainly believe Purple Innovation is more favorable than Solesence.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Purple Innovation
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Solesence
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

Solesence has lower revenue, but higher earnings than Purple Innovation. Purple Innovation is trading at a lower price-to-earnings ratio than Solesence, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Purple Innovation$487.88M0.18-$97.90M-$0.78-1.04
Solesence$52.35M3.74$4.24M$0.0469.50

Solesence has a net margin of 8.13% compared to Purple Innovation's net margin of -18.43%. Solesence's return on equity of 34.68% beat Purple Innovation's return on equity.

Company Net Margins Return on Equity Return on Assets
Purple Innovation-18.43% -472.12% -13.20%
Solesence 8.13%34.68%10.13%

88.4% of Purple Innovation shares are owned by institutional investors. Comparatively, 70.2% of Solesence shares are owned by institutional investors. 53.9% of Purple Innovation shares are owned by insiders. Comparatively, 5.1% of Solesence shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Summary

Purple Innovation beats Solesence on 8 of the 15 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PRPL and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PRPL vs. The Competition

MetricPurple InnovationCONS PD IndustryStaples SectorNASDAQ Exchange
Market Cap$87.40M$31.60B$15.75B$9.53B
Dividend YieldN/A2.70%3.20%4.09%
P/E Ratio-1.0430.9118.5223.83
Price / Sales0.181.7445.7666.13
Price / CashN/A16.1414.5057.96
Price / Book-5.788.295.885.54
Net Income-$97.90M$1.19B$690.35M$259.28M
7 Day Performance-9.69%-6.40%-5.25%-4.67%
1 Month Performance5.82%-4.08%-3.77%4.38%
1 Year Performance-35.28%-2.14%-0.29%17.90%

Purple Innovation Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PRPL
Purple Innovation
2.7717 of 5 stars
$0.81
-0.3%
$1.25
+54.5%
-38.2%$87.40M$487.88M-1.041,200News Coverage
Earnings Report
Analyst Revision
SLSN
Solesence
N/A$4.27
-1.6%
N/AN/A$299.34M$57.10M106.7860News Coverage
Earnings Report
Gap Down
WALD
Waldencast
2.0206 of 5 stars
$2.15
-5.7%
$5.11
+137.9%
-39.9%$262.47M$273.87M0.00272News Coverage
Short Interest ↑
COOK
Traeger
2.9833 of 5 stars
$1.79
-2.5%
$2.44
+36.6%
-35.6%$242.21M$604.07M-7.76880News Coverage
Upcoming Earnings
Analyst Forecast
HBB
Hamilton Beach Brands
1.9518 of 5 stars
$16.69
-7.4%
N/A-33.0%$228.49M$654.69M6.84700News Coverage
Earnings Report
Analyst Downgrade
GPRO
GoPro
2.654 of 5 stars
$1.41
-6.6%
$0.75
-46.8%
-16.7%$222.15M$801.47M-1.57880Gap Down
VIOT
Viomi Technology
1.145 of 5 stars
$3.20
-0.3%
N/A+220.8%$218.31M$2.12B53.331,470News Coverage
Short Interest ↑
SNBR
Sleep Number
1.1222 of 5 stars
$9.00
+8.7%
$8.33
-7.4%
-49.5%$203.94M$1.61B-9.473,654Earnings Report
Gap Up
BRLT
Brilliant Earth Group
2.0233 of 5 stars
$1.57
-0.6%
$1.80
+14.6%
-36.7%$155.92M$422.16M-157.00420News Coverage
Upcoming Earnings
SHOT
Safety Shot
N/A$0.72
-3.2%
N/A+45.0%$87.54M$700K0.0010Gap Up
RAY
Raytech
N/A$2.54
-3.1%
N/A-14.0%$44.74M$77.20M0.00N/AShort Interest ↑

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This page (NASDAQ:PRPL) was last updated on 8/2/2025 by MarketBeat.com Staff
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