Purple Innovation (PRPL) Expected to Announce Earnings on Thursday

Purple Innovation (NASDAQ:PRPL) is expected to announce its Q4 2025 results before the market opens on Thursday, March 12th. Analysts expect the company to announce earnings of ($0.04) per share and revenue of $139.8080 million for the quarter. Investors can check the company’s upcoming Q4 2025 earning summary page for the latest details on the call scheduled for Friday, March 13, 2026 at 4:05 PM ET.

Purple Innovation Stock Up 3.6%

Shares of PRPL stock opened at $0.71 on Thursday. The firm has a market cap of $76.86 million, a P/E ratio of -1.34 and a beta of 1.83. The company has a 50 day moving average of $0.71 and a 200-day moving average of $0.83. Purple Innovation has a 12-month low of $0.56 and a 12-month high of $1.26.

Hedge Funds Weigh In On Purple Innovation

A number of large investors have recently made changes to their positions in PRPL. Jacobs Levy Equity Management Inc. purchased a new position in shares of Purple Innovation in the third quarter valued at $757,000. Wasatch Advisors LP boosted its stake in Purple Innovation by 16.1% in the 2nd quarter. Wasatch Advisors LP now owns 4,627,934 shares of the company’s stock worth $3,375,000 after purchasing an additional 641,697 shares during the period. Jane Street Group LLC purchased a new position in Purple Innovation during the 2nd quarter valued at about $253,000. Marshall Wace LLP purchased a new position in Purple Innovation during the 2nd quarter valued at about $128,000. Finally, Squarepoint Ops LLC bought a new stake in shares of Purple Innovation during the third quarter valued at about $135,000. 88.41% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Purple Innovation in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Purple Innovation presently has a consensus rating of “Reduce” and a consensus target price of $1.00.

About Purple Innovation

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.