PRPL (Purple Innovation, Inc. Common Stock) Stock Analysis - News

Purple Innovation, Inc. Common Stock (PRPL) is a publicly traded Consumer Cyclical sector company. As of May 21, 2026, PRPL trades at $0.41 with a market cap of $45.27M and a P/E ratio of 20.00. PRPL moved +1.88% today. Year to date, PRPL is -40.82%; over the trailing twelve months it is -53.20%. Its 52-week range spans $0.40 to $1.29. Analyst consensus is buy with an average price target of $0.83. Rallies surfaces PRPL's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.

What changed in PRPL news today?

Purple Innovation Logs $30.5M Q1 Loss, Cuts 2026 Revenue Guidance to $465–$485M: Purple Innovation reported a $30.5 million net loss in Q1, or $0.28 per share, on $95.7 million of revenue and an adjusted non-recurring loss of $0.13 per share. The company cut full-year revenue guidance to $465 million–$485 million and appointed former La-Z-Boy CFO Bob Lucian effective April 27.

PRPL Key Metrics

Key financial metrics for PRPL
MetricValue
Price$0.41
Market Cap$45.27M
P/E Ratio20.00
EPS$0.02
Dividend Yield0.00%
52-Week High$1.29
52-Week Low$0.40
Volume100
Avg Volume0
Revenue (TTM)$460.28M
Net Income$-62.92M
Gross Margin39.70%

Latest PRPL News

Recent PRPL Insider Trades

  • Lucian Robert Gerard bought 60.00K (~$29.44K) on May 4, 2026.
  • DeMartini Robert bought 138.83K (~$143.15K) on Jun 28, 2024.
  • DeMartini Robert bought 10.11K (~$10.22K) on Jun 27, 2024.

PRPL Analyst Consensus

3 analysts cover PRPL: 0 strong buy, 1 buy, 2 hold, 0 sell, 0 strong sell. Consensus rating is buy. Average price target: $0.83.

Common questions about PRPL

What changed in PRPL news today?
Purple Innovation Logs $30.5M Q1 Loss, Cuts 2026 Revenue Guidance to $465–$485M: Purple Innovation reported a $30.5 million net loss in Q1, or $0.28 per share, on $95.7 million of revenue and an adjusted non-recurring loss of $0.13 per share. The company cut full-year revenue guidance to $465 million–$485 million and appointed former La-Z-Boy CFO Bob Lucian effective April 27.
Does Rallies summarize PRPL news?
Yes. Rallies summarizes PRPL news with ticker-specific context, catalysts, source links, and AI-generated market summaries when news is available.
Is PRPL research on Rallies investment advice?
No. Rallies provides research, data, and educational context for PRPL. It does not provide personalized investment advice.
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