Purple Innovation, Inc. (PRPL)

Market Cap	89.26M
Revenue (ttm)	504.84M
Net Income (ttm)	-107.75M
Shares Out	107.71M
EPS (ttm)	-1.02
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	202,484
Open	0.834
Previous Close	0.850
Day's Range	0.829 - 0.854
52-Week Range	0.590 - 2.330
Beta	2.08
Analysts	Buy
Price Target	2.53 (+205.3%)
Earnings Date	Nov 4, 2024

About PRPL

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. It markets and sells its products through its e-commerce online channels, retail brick-and-mortar wholesale partners, third-party online retailers, and Purple showrooms, as well as through its website, Purple.com. The comp...

• Industry: Furnishings, Fixtures & Appliances
• Sector: Consumer Discretionary
• Founded: 2010
• Employees: 1,700
• Stock Exchange: NASDAQ
• Ticker Symbol: PRPL
• Website: https://purple.com

Financial Performance

In 2023, Purple Innovation's revenue was $510.54 million, a decrease of -10.93% compared to the previous year's $573.20 million. Losses were -$120.76 million, 30.6% more than in 2022.

Analyst Forecast

According to 4 analysts, the average rating for PRPL stock is "Buy." The 12-month stock price forecast is $2.53, which is an increase of 205.30% from the latest price.

Price Target

$2.53

(205.30% upside)

Analyst Consensus: Buy