Purple Innovation, Inc. (PRPL)

NASDAQ: PRPL · Real-Time Price · USD
0.4019
-0.0113 (-2.73%)
At close: May 22, 2026, 4:00 PM EDT
0.4199
+0.0180 (4.48%)
After-hours: May 22, 2026, 7:57 PM EDT
Market Cap43.80M -50.1%
Revenue (ttm)460.28M -2.5%
Net Income-62.82M
EPS-0.58
Shares Out 108.99M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume423,796
Open0.4017
Previous Close0.4132
Day's Range0.3952 - 0.4155
52-Week Range0.3927 - 1.2600
Beta1.52
AnalystsHold
Price Target0.83 (+106.52%)
Earnings DateApr 28, 2026

About PRPL

Purple Innovation, Inc. designs, manufactures, and sells sleep and other products in the United States and internationally. It provides mattresses, pillows, sheets, foundations, waterproof mattress protectors, bases, and seat cushions, as well as blankets and duvets. The company markets and sells its products through its direct-to-consumer e-commerce channels, retail brick-and-mortar wholesale partners, third-party online retailers, and Purple showrooms. Purple Innovation, Inc. was founded in 2010 and is headquartered in Lehi, Utah.

Founded 2010
Employees 1,100
Stock Exchange NASDAQ
Ticker Symbol PRPL
Full Company Profile

Financial Performance

In 2025, Purple Innovation's revenue was $468.73 million, a decrease of -3.93% compared to the previous year's $487.88 million. Losses were -$51.41 million, -47.48% less than in 2024.

Financial Statements

Analyst Summary

According to 4 analysts, the average rating for PRPL stock is "Hold." The 12-month stock price target is $0.83, which is an increase of 106.52% from the latest price.

Price Target
$0.83
(106.52% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Purple Innovation price target lowered to 65c from 85c at UBS

UBS lowered the firm’s price target on Purple Innovation (PRPL) to 65c from 85c and keeps a Neutral rating on the shares.

25 days ago - TheFly

Purple Innovation downgraded to Sector Weight from Overweight at KeyBanc

KeyBanc downgraded Purple Innovation (PRPL) to Sector Weight from Overweight.

26 days ago - TheFly

Purple Innovation downgraded to Sector Weight from Overweight at KeyBanc

KeyBanc downgraded Purple Innovation (PRPL) to Sector Weight from Overweight with no price target While the firm says it remains “positive on the company, the products and upside potential for…

26 days ago - TheFly

Purple Innovation announces CFO transition

Purple Innovation (PRPL) CFO Todd Vogensen will depart the company effective May 1 to pursue another opportunity. The company also announced the appointment of Robert Lucian as CFO, effective April…

26 days ago - TheFly

Purple Innovation reports Q1 adjusted EPS (13c), consensus (13c)

Reports Q1 revenue $95.7M, consensus $100.63M. “During Q1, we continued to build on the progress we made at the end of last year, with improving consistency across our business and…

26 days ago - TheFly

Purple Innovation narrows 2026 revenue view to $465M-$485M from $500M-$520M

2026 revenue consensus $498.79M.

26 days ago - TheFly

Purple Innovation Earnings Call Transcript: Q1 2026

Q1 2026 revenue declined 8.1% year-over-year, mainly due to e-commerce softness and an accounting adjustment, but showroom comps rose 7% and wholesale grew excluding the adjustment. Gross margin was 36.8%, pressured by floor model investments, while full-year revenue guidance was lowered to $465–$485 million, with EBITDA guidance unchanged.

26 days ago - Transcripts

Purple Innovation Earnings release: Q1 2026

Purple Innovation released its Q1 2026 earnings on April 28, 2026, summarizing the period's financial results.

26 days ago - Filings

Purple Innovation Quarterly report: Q1 2026

Purple Innovation has published its Q1 2026 quarterly earnings report on April 28, 2026.

26 days ago - Filings

Purple Innovation Reports First Quarter 2026 Results

Showroom Comps up 7.0%, Marking the Third Consecutive Quarter of Positive Comps E-commerce Trends Improve Sequentially Early Traction from Purple Royale at Mattress Firm Supports Premium Momentum and ...

26 days ago - PRNewsWire

Purple Innovation Announces CFO Transition

Robert (Bob) Lucian, Former La-Z-Boy CFO, Appointed Chief Financial Officer Todd Vogensen to Depart Effective May 1, 2026 LEHI, Utah, April 28, 2026 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PR...

26 days ago - PRNewsWire

Purple Innovation Proxy statement: Proxy filing

Purple Innovation filed a proxy statement on April 22, 2026, providing details for shareholder voting and corporate governance matters.

4 weeks ago - Filings

Purple Innovation Proxy statement: Proxy filing

Purple Innovation filed a proxy statement on April 22, 2026, providing details for shareholder voting and corporate governance matters.

4 weeks ago - Filings

Purple Innovation to Report First Quarter 2026 Results on April 28, 2026

LEHI, Utah, April 21, 2026 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company whose mattresses promise to give you "less pain, better sleep," will report f...

4 weeks ago - PRNewsWire

Purple Innovation price target lowered to $1.50 from $1.60 at Roth Capital

Roth Capital lowered the firm’s price target on Purple Innovation (PRPL) to $1.50 from $1.60 and keeps a Buy rating on the shares. The company’s Q4 results provided further evidence…

7 weeks ago - TheFly

Purple Innovation price target lowered to 85c from $1 at UBS

UBS lowered the firm’s price target on Purple Innovation (PRPL) to 85c from $1 and keeps a Neutral rating on the shares.

7 weeks ago - TheFly

Purple Innovation Earnings Call Transcript: Q4 2025

Q4 2025 saw 9% revenue growth and improved profitability, with full-year adjusted EBITDA turning positive. 2026 guidance calls for $500M-$520M revenue and $20M-$30M adjusted EBITDA, driven by premium products and expanded wholesale, despite a challenging market.

7 weeks ago - Transcripts

Purple Innovation Annual report: Q4 2025

Purple Innovation has published its Q4 2025 annual report on March 31, 2026.

7 weeks ago - Filings

Purple Innovation Earnings release: Q4 2025

Purple Innovation released its Q4 2025 earnings on March 31, 2026, summarizing the period's financial results.

7 weeks ago - Filings

Purple Innovation reports Q4 EPS (3c), consensus (5c)

Reports Q4 revenue $140.7M, consensus $139.81M. “2025 marked an important inflection point for Purple,” said Rob DeMartini, CEO of Purple Innovation (PRPL). “In Q4, we delivered revenue growth of appr...

7 weeks ago - TheFly

Purple Innovation sees 2026 revenue $500M-$520M, consensus $527.23M

Sees 2026 adjusted EBITDA $20M-$30M.

7 weeks ago - TheFly

Purple Innovation sees Q1 revenue $100M-$105M, consensus $120.73M

Sees Q1 adjusted EBITDA ($7M)-($4M).

7 weeks ago - TheFly

Purple Innovation Reports Fourth Quarter and Full Year 2025 Results

Revenue Increases 9% in Fourth Quarter GAAP Net Loss of $3.2 Million in Fourth Quarter Delivers $8.8 Million in Adjusted EBITDA in Fourth Quarter Full Year Adjusted EBITDA Positive; Gross Margin Excee...

7 weeks ago - PRNewsWire

Purple Innovation Extends Maturity of Debt and Reschedules Fourth Quarter and Full Year 2025 Earnings Release and Conference Call

LEHI, Utah, March 24, 2026 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company whose mattresses promise to give you "less pain, better sleep," today announc...

2 months ago - PRNewsWire

Purple Innovation to Report Fourth Quarter and Full Year 2025 Results on March 25, 2026

LEHI, Utah, March 24, 2026 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company whose mattresses promise to give you "less pain, better sleep," will report f...

2 months ago - PRNewsWire