PRPLPRPLConsumer Cyclical · Furnishings, Fixtures & Appliances

PRPL Stock Forecast: Purple Innovation, Inc. Price Predictions for 2026-2027

Last close, 17 Sept 2026
$2.38

The 3 Wall Street analysts covering Purple Innovation, Inc. hold a median 12-month price target of $25 — +952.6% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 44 of 100 as at 17 Sept 2026 — in the lower half.

Market cap
$10.4M
Ticker Nerd rank
44 / 100
Median analyst target
$25
Analysts covering
3
Revenue$98.3M−6.5% y/y
Operating income−$4.3M
Net income−$3.2M
Free cash flow−$1.7M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Ticker Nerd rank

PRPL stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Purple Innovation, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 17 Sept 2026
44 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Accruals
94
Size
92
Growth
79
Revisions
52
Quality
48
Issuance
29
Value
25
Volatility
4
Momentum
1

Accruals (94): Reported profit is backed by cash, and the company is not expanding recklessly.

Momentum (1): The shares have been drifting down relative to others.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

PRPL stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on PRPL, reported as data — targets and ratings, the market's view beside the model's.

We don’t hold enough price history for this company yet.

What Wall Street says3 analysts
1 Buy2 Hold0 Sell
Low $25Median $25High $25

The green dot is the last close — the median target sits +952.6% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
29 Apr 2026KeybancDowngradeSector Weight
29 Apr 2026UBSMaintainsNeutral$0.85$0.65
1 Apr 2026UBSMaintainsNeutral
26 Mar 2025WedbushReiteratesNeutral
4 Sept 2024WedbushDowngradeNeutral
6 Aug 2024Craig-HallumMaintainsHold
8 May 2024WedbushReiteratesOutperform
21 Mar 2024Roth MKMReiteratesBuy
13 Mar 2024Craig-HallumMaintainsHold
13 Mar 2024Roth MKMUpgradeBuy
13 Mar 2024WedbushMaintainsOutperform
7 Mar 2024Roth MKMMaintainsNeutral
24 Jan 2024KeybancMaintainsOverweight
24 Jan 2024WedbushReiteratesOutperform
13 Nov 2023OppenheimerDowngradePerform
10 Nov 2023Craig-HallumDowngradeHold
10 Nov 2023KeybancMaintainsOverweight
10 Nov 2023WedbushMaintainsOutperform
25 Aug 2023OppenheimerReiteratesOutperform
10 Aug 2023WedbushMaintainsOutperform

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. PRPL appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Estimates

PRPL analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
Analysts raising
1
Analysts cutting
0
Fundamentals

Purple Innovation, Inc. (PRPL) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
−0.2×

Cheaper than 78% of US stocks

Price / sales
0.0×

Cheaper than 99% of US stocks

Price / book
−0.2×

Cheaper than 93% of US stocks

EV / EBITDA
−16.5×

Cheaper than 88% of US stocks

Growth & margins
Revenue growth (YoY)
−6.5%

Higher than 18% of US stocks

Earnings growth (YoY)
−6.5%

Higher than 29% of US stocks

Gross margin
45.2%

Higher than 56% of US stocks

Operating margin
−4.3%

Higher than 28% of US stocks

Net margin
−10.7%

Higher than 19% of US stocks

Returns & dividend
Return on equity
173.3%

Higher than 98% of US stocks

Return on assets
−6.6%

Higher than 30% of US stocks

Dividend yield

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Purple Innovation, Inc. (PRPL) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Purple Innovation, Inc. has a market value of $10.4M and an enterprise value of $202.2M.

  • Revenue in the twelve months to 30 June 2026: $453.5M. The latest quarter shrank 6.5% year on year.

  • Net income over the same four quarters: −$48.8M, a −10.8% net margin.

  • Diluted earnings per share, trailing twelve months: $−11.24.

  • Free cash flow in the twelve months to 30 June 2026: −$10.7M.

  • Shares outstanding: 4.4M.

  • Trailing P/E: −0.2×; forward P/E: −0.4× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Purple Innovation, Inc. employs 1,100 people $412K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 18 Sept 2026

Data provided by Twelve Data

Peers

PRPL vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelFurnishings, Fixtures & Appliances
CompanyMarket capTKN rank
PRPLPurple Innovation, Inc.$10.4M
44
ATERAterian, Inc.$12.4M
37
EFOIEnergy Focus, Inc.$16.5M
27
MWYNMarwynn Holdings, Inc.$18.9M
34
FGIFGI Industries Ltd.$19.1M
81
CRWSCrown Crafts, Inc.$27.4M
94
VIRCVirco Manufacturing Corp.$98.8M
52

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Purple Innovation, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest PRPL news & analysis

Purple Innovation, Inc. (PRPL) Q2 2026 Earnings Call Transcript

Seeking Alpha · 11 Aug 2026neutral

Purple Innovation, Inc. (PRPL) published the transcript of its Q2 2026 earnings call, as covered by Seeking Alpha, providing a record of the company's second-quarter 2026 results discussion.

Why it matters — PRPL watchers would look to this transcript for management's commentary on the company's Q2 2026 performance and outlook.

Purple Innovation (PRPL) Reports Q2 Loss, Misses Revenue Estimates

Zacks Investment Research · 10 Aug 2026neutral

Purple Innovation reported a Q2 loss of $1.52 per share, which was narrower than the consensus estimate of a $2 loss and improved from the $2.75 loss posted a year earlier. The company missed revenue estimates for the quarter.

Why it matters — The narrower-than-expected loss signals some improvement in Purple Innovation's bottom line, while the revenue miss keeps demand and top-line concerns in focus for investors tracking the company.

Purple Innovation Reports Second Quarter 2026 Results

PRNewsWire · 10 Aug 2026neutral

Purple Innovation reported its second quarter 2026 results, with showroom revenue up 16.6% and comparable revenue up 18%. The company posted a GAAP net loss of $3.2 million, while adjusted EBITDA improved by $4.4 million to $2.1 million, and it regained compliance with the Nasdaq minimum bid price requirement.

Why it matters — PRPL watchers would care because the report shows continued revenue growth and improving adjusted EBITDA even as the company acknowledged falling short of top-line expectations amid challenging industry conditions, and it regained Nasdaq compliance.

Purple Innovation to Report Second Quarter 2026 Results on August 10, 2026

PRNewsWire · 29 July 2026neutral

Purple Innovation announced it will release its second quarter 2026 financial results on August 10, 2026 at approximately 4:05 p.m. ET, followed by a conference call at 4:30 p.m. ET.

Why it matters — PRPL watchers will look to this upcoming earnings release for the company's latest financial performance and any updates on its business outlook.

FAQ

Frequently asked questions about PRPL stock

What is the PRPL stock price forecast for 2026-2027?

The 3 Wall Street analysts covering Purple Innovation, Inc. have a median 12-month price target of $25, with estimates ranging from $25 to $25. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is PRPL stock a buy right now?

Of the 3 analysts covering Purple Innovation, Inc., 1 rate it a Buy, 2 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Purple Innovation, Inc. 44 out of 100 across roughly 4,600 US stocks as at 17 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank PRPL?

As at 17 Sept 2026, Purple Innovation, Inc. ranks 44 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Accruals (94 of 100).

Will PRPL stock go up?

No one can know that. What the data says: the median 12-month target from 3 analysts implies +952.6% from the last close, and Ticker Nerd's factor model ranks Purple Innovation, Inc. 44 out of 100 as at 17 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the PRPL stock forecast for 2030?

No analyst covering Purple Innovation, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for PRPL are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $25 to $25 over the next 12 months.

What does Purple Innovation, Inc. do?

Purple Innovation Inc. Class A Common Stock represents ownership in Purple Innovation Inc., a comfort technology company focused on sleep and home products.

What is the latest news on PRPL?

The most recent item we track (Seeking Alpha, 11 Aug 2026): "Purple Innovation, Inc. (PRPL) Q2 2026 Earnings Call Transcript". Purple Innovation, Inc. (PRPL) published the transcript of its Q2 2026 earnings call, as covered by Seeking Alpha, providing a record of the company's second-quarter 2026 results discussion.

Company

About Purple Innovation, Inc.

Purple Innovation Inc. Class A Common Stock represents ownership in Purple Innovation Inc., a comfort technology company focused on sleep and home products. Purple Innovation designs, manufactures, and sells mattresses, pillows, cushions, bed bases, sheets, mattress protectors, blankets, and duvets, serving customers in the United States and international markets. The company is known for products built around its proprietary comfort technology, which is used across its mattress and bedding lines, as well as select seating and support products. Purple Innovation sells through direct-to-consumer e-commerce channels, company showrooms, retail partners, and third-party online retailers, giving it a broad presence in the consumer home furnishings market. Headquartered in Lehi, Utah, Purple Innovation Inc. Class A Common Stock reflects a business centered on branded sleep and comfort solutions for everyday home use.

CEO Mr. Robert T. DeMartini · 1,100 employees · United States · https://www.purple.com