Purple Innovation (PRPL) Expected to Announce Quarterly Earnings on Tuesday
by Jessica Moore · The Cerbat GemPurple Innovation (NASDAQ:PRPL – Get Free Report) will likely be issuing its Q4 2025 results before the market opens on Tuesday, April 28th. Analysts expect the company to announce earnings of ($0.10) per share and revenue of $120.73 million for the quarter. Investors are encouraged to explore the company’s upcoming Q4 2025 earning overview page for the latest details on the call scheduled for Tuesday, March 31, 2026 at 8:30 AM ET.
Purple Innovation (NASDAQ:PRPL – Get Free Report) last released its quarterly earnings results on Tuesday, March 31st. The company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.02. The company had revenue of $140.69 million for the quarter, compared to analyst estimates of $139.81 million.
Purple Innovation Stock Up 0.2%
Purple Innovation stock opened at $0.64 on Friday. Purple Innovation has a 52 week low of $0.57 and a 52 week high of $1.26. The company’s 50 day moving average price is $0.67 and its two-hundred day moving average price is $0.73. The stock has a market cap of $69.74 million, a P/E ratio of -1.34 and a beta of 1.83.
Wall Street Analyst Weigh In
PRPL has been the subject of a number of analyst reports. Wall Street Zen raised Purple Innovation to a “hold” rating in a report on Saturday, April 11th. UBS Group reduced their price target on shares of Purple Innovation from $1.00 to $0.85 and set a “neutral” rating for the company in a research report on Wednesday, April 1st. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Purple Innovation in a research report on Tuesday. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $0.85.
Read Our Latest Stock Report on Purple Innovation
Institutional Trading of Purple Innovation
Several institutional investors have recently added to or reduced their stakes in PRPL. Bank of America Corp DE raised its stake in shares of Purple Innovation by 45.1% during the fourth quarter. Bank of America Corp DE now owns 55,984 shares of the company’s stock valued at $44,000 after acquiring an additional 17,406 shares during the last quarter. AQR Capital Management LLC bought a new position in shares of Purple Innovation during the first quarter valued at about $28,000. XTX Topco Ltd bought a new position in shares of Purple Innovation during the second quarter valued at about $30,000. Marshall Wace LLP bought a new position in shares of Purple Innovation during the second quarter valued at about $128,000. Finally, Qube Research & Technologies Ltd bought a new position in shares of Purple Innovation during the second quarter valued at about $63,000. 88.41% of the stock is currently owned by hedge funds and other institutional investors.
Purple Innovation Company Profile
Purple Innovation, Inc is a consumer products company specializing in the design, development and manufacture of comfort technology for the sleep and home furnishings markets. Best known for its proprietary Hyper-Elastic Polymer “Grid” technology, the company engineers mattresses, pillows and cushions that aim to combine pressure relief, support and temperature neutrality. Purple offers an array of sleep products alongside related lifestyle and wellness solutions.
The company’s product portfolio includes mattress models in various sizes and thicknesses, adjustable bed frames, pillows, sheets and mattress protectors, as well as seat cushions and pet beds.