Purple Innovation, Inc. (PRPL)

Market Cap	157.30M
Revenue (ttm)	510.54M
Net Income (ttm)	-120.76M
Shares Out	107.01M
EPS (ttm)	-1.17
PE Ratio	n/a
Forward PE	294.12
Dividend	$0.00 (0.07%)
Ex-Dividend Date	Apr 27, 2023

Volume	430,061
Open	1.520
Previous Close	1.530
Day's Range	1.460 - 1.580
52-Week Range	0.545 - 3.780
Beta	1.95
Analysts	Buy
Price Target	2.94 (+100.0%)
Earnings Date	May 8, 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

Financial Performance

In 2023, PRPL'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 5 analysts, the average rating for PRPL stock is "Buy." The 12-month stock price forecast is $2.94, which is an increase of 100.00% from the latest price.

Price Target

$2.94

(100.00% upside)

Analyst Consensus: Buy