Purple Innovation (NASDAQ:PRPL – Get Free Report) is projected to release its Q3 2026 results before the market opens on Tuesday, November 3rd. Analysts expect the company to post earnings of ($1.0933) per share and revenue of $105.72 million for the quarter. Individuals can check the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Tuesday, November 3, 2026 at 4:30 PM ET.
Purple Innovation (NASDAQ:PRPL – Get Free Report) last announced its quarterly earnings results on Monday, August 10th. The company reported ($1.52) earnings per share for the quarter, beating analysts’ consensus estimates of ($2.18) by $0.66. The company had revenue of $98.27 million during the quarter, compared to the consensus estimate of $104.39 million. On average, analysts expect Purple Innovation to post ($5.10) EPS for the current fiscal year and ($3.24) EPS for the next fiscal year.
Purple Innovation Stock Up 5.6%
Purple Innovation stock opened at $2.81 on Tuesday. The stock has a market capitalization of $12.25 million, a PE ratio of -0.25 and a beta of 1.45. Purple Innovation has a twelve month low of $1.83 and a twelve month high of $22.75. The company has a 50 day moving average of $3.19 and a 200-day moving average of $10.82.
Wall Street Analyst Weigh In
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Purple Innovation in a report on Thursday, October 15th. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $16.25.
View Our Latest Report on Purple Innovation
About Purple Innovation
Purple Innovation, Inc develops, manufactures and sells comfort products designed to support sleep and other aspects of home wellness. The company is best known for its Purple mattresses, which use its proprietary GelFlex Grid material to provide pressure relief, support and airflow. Its product portfolio also includes pillows, cushions, sheets, mattress protectors, adjustable bases and other bedding accessories.
Purple sells its products primarily through direct-to-consumer e-commerce, company-owned retail locations and third-party wholesale partners.
Featured Articles
- Five stocks we like better than Purple Innovation
- A Solid Margin Story Means the Sell-Off in DECK May Be Overdone
- Verizon’s Q3 Results Show Why SpaceX’s Spectrum Grab Isn’t a Major Threat
- Comfort Systems Earnings: AI Slowdown or More Growth Ahead?
- Bristol Myers Squibb’s Cancer Breakthrough Could Have Implications Beyond Its Own Stock
Receive News & Ratings for Purple Innovation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Purple Innovation and related companies with MarketBeat.com's FREE daily email newsletter.
