Purple Innovation (PRPL) Stock Price
Purple Innovation Price
Over the last 11 years Purple Innovation grew revenue by 53.2% annually, reaching 468.73 M USD. For Purple Innovation, the net margin of -11.0% is down versus 0.6% a few years ago. At today's price the dividend yield works out to roughly 1.38%. The consensus 12-month price target for Purple Innovation is 1.50 USD, about 17.1% below where the stock trades today. Of 9 analysts, 6 rate the stock a buy — an overall Buy consensus.
Purple Innovation stock price
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Purple Innovation business model & stock analysis
Frequently asked questions about Purple Innovation
The business model of Purple Innovation Inc revolves around designing, manufacturing, and marketing comfort products, primarily mattresses and pillows. Purple Innovation Inc differentiates itself through the use of patented technology, known as the Purple Grid, which provides pressure relief and support to improve sleep quality. By integrating innovative materials and using a direct-to-consumer distribution model, Purple Innovation Inc aims to offer high-quality sleep products at competitive prices. With a focus on customer satisfaction and continuous innovation, Purple Innovation Inc strives to provide a unique and comfortable sleep experience for individuals seeking an improved rest.
Purple Innovation Inc is primarily active in the bedding and furniture industry.
The main competitors of Purple Innovation Inc in the market are Tempur Sealy International Inc, Serta Simmons Bedding LLC, Casper Sleep Inc, and Sleep Number Corporation.
Purple Innovation Inc, formerly known as Purple Innovation, LLC, is a leading comfort technology company that designs and manufactures premium pillows, cushions, and mattresses. Founded in 1989 by Tony Pearce and Terry Pearce, Purple revolutionized the industry by introducing its patented Hyper-Elastic Polymer material. With a vision to improve sleep quality worldwide, Purple Innovation Inc has cultivated a strong reputation for its innovative products and commitment to customer satisfaction. The company's unique technology has gained significant recognition, and its products have been praised for their durability, comfort, and support. Today, Purple Innovation Inc continues to elevate the sleep experience with its state-of-the-art comfort solutions.
Purple Innovation Inc, a leading comfort technology company, has achieved remarkable milestones since its inception. Notably, it successfully launched its innovative Purple Grid™ mattress technology, revolutionizing the sleep industry. The company expanded its product line to include pillows, seat cushions, and office accessories, further solidifying its position as a comprehensive comfort solutions provider. Purple Innovation's performance-driven sales growth and award-winning products have garnered widespread recognition and numerous accolades. By continuously pushing the boundaries of comfort and investing in pioneering research, Purple Innovation Inc has established itself as a trusted name in the industry, offering unparalleled comfort and support to its valued customers.
Purple Innovation Inc is primarily present in the United States.
Purple Innovation Inc is committed to innovation, quality, and exceptional customer experience. As a company, Purple combines advanced technology with its patented comfort materials to revolutionize the sleep industry. The company's corporate philosophy revolves around providing customers with products that enhance their well-being and promote better sleep. Purple Innovation Inc values transparency, integrity, and a customer-centric approach. By focusing on continuous product development and delivering superior comfort, Purple strives to improve people's lives through their innovative sleep solutions.
Analysts currently set an average price target of 2.87 USD for the Purple Innovation stock (median: 1.50 USD), implying +59.4 % versus the latest price. The consensus is based on 9 analyst ratings.
9 analysts currently rate the Purple Innovation stock: 6 recommend buying, 3 holding and 0 selling. For 2026, analysts expect Purple Innovation to generate revenue of 425.79 M USD and earnings per share of -150.98 USD.
Converted at the current exchange rate, the Purple Innovation share trades at 1.62 EUR (1.81 USD).
The Purple Innovation share (PRPL) is listed on 1 stock exchanges, including: NASDAQ (PRPL).
Purple Innovation Inc. is an American company known for offering innovative technologies and products in the sleep industry. The company has built its business model on three pillars: mattresses, pillows, and bedding. Purple's mattresses are made with patented Gel technology, providing better support and airflow compared to traditional foam mattresses. The pillows also use Gel technology for comfort and support. Additionally, Purple offers high-quality bedding made from cotton with a smooth surface. The company's strategy is to provide high-quality products based on unique technology to satisfy customers. They have an online presence optimized for sales conversions, and also offer a money-back guarantee. Purple has become a leading online mattress retailer and is expanding into the retail market. They have also entered international markets. Overall, Purple Innovation Inc. has a solid business model based on innovative and high-quality products, positioning the company for growth and making a significant contribution to customer health and well-being.
The expected revenue of Purple Innovation is 425.79 M USD. This figure is based on current financial data and reflects the company's business performance.
The expected profit of Purple Innovation is -653.71 M USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Purple Innovation is currently -0.01. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Purple Innovation stock.
The price-to-sales ratio (P/S) of Purple Innovation is currently 0.02. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Purple Innovation stock.
The Eulerpool Quality Score for Purple Innovation is 4/10.
The ISIN of Purple Innovation is US74640Y1064. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Purple Innovation is A2JDGR. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Purple Innovation is PRPL. The ticker symbol is used to trade Purple Innovation shares on the stock exchange.
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All fundamentals and in-depth analysis of Purple Innovation
Our stock analysis for Purple Innovation stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Purple Innovation. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.