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Upturn stock ratingUpturn stock rating
PRPL logo

Purple Innovation Inc (PRPL)

Upturn stock ratingUpturn stock rating
$0.75
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/01/2025: PRPL (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -74.18%
Avg. Invested days 27
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 80.47M USD
Price to earnings Ratio -
1Y Target Price 1.85
Price to earnings Ratio -
1Y Target Price 1.85
Volume (30-day avg) 1059457
Beta 2.37
52 Weeks Range 0.65 - 2.12
Updated Date 04/1/2025
52 Weeks Range 0.65 - 2.12
Updated Date 04/1/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.91

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Earnings Date

Report Date 2025-03-10
When Before Market
Estimate -0.0814
Actual -0.07

Profitability

Profit Margin -20.07%
Operating Margin (TTM) -3.12%

Management Effectiveness

Return on Assets (TTM) -10.16%
Return on Equity (TTM) -144.46%

Valuation

Trailing PE -
Forward PE 294.12
Enterprise Value 210920544
Price to Sales(TTM) 0.17
Enterprise Value 210920544
Price to Sales(TTM) 0.17
Enterprise Value to Revenue 0.43
Enterprise Value to EBITDA -30.56
Shares Outstanding 107545000
Shares Floating 59427489
Shares Outstanding 107545000
Shares Floating 59427489
Percent Insiders 4.42
Percent Institutions 71.45

Analyst Ratings

Rating 3.38
Target Price 1.98
Buy 1
Strong Buy 1
Buy 1
Strong Buy 1
Hold 6
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Purple Innovation Inc

stock logo

Company Overview

overview logo History and Background

Purple Innovation Inc. was founded in 2015 through the merger of Purple and Intellibed. The company evolved from a technology company focused on comfort solutions to a consumer brand offering mattresses and other comfort products.

business area logo Core Business Areas

  • Mattresses: Designs, manufactures, and markets mattresses featuring the GelFlex Grid technology.
  • Pillows: Designs, manufactures, and markets pillows featuring the GelFlex Grid technology and other comfort technologies.
  • Seat Cushions: Designs, manufactures, and markets seat cushions and other comfort products utilizing the GelFlex Grid technology.
  • Bedding and Accessories: Sells sheets, mattress protectors, bed frames, and other bedding accessories.

leadership logo Leadership and Structure

The leadership team includes Rob DeMartini (CEO) and other executives managing finance, operations, and marketing. The company operates with a standard corporate structure, with departments focused on specific business functions.

Top Products and Market Share

overview logo Key Offerings

  • Purple Mattress: The company's flagship product line, featuring the GelFlex Grid, offering pressure relief and support. Competitors include Tempur-Pedic, Casper, and Sleep Number. Market share information is difficult to obtain precisely but Purple is considered a leader in the gel mattress space. Revenue derived from mattresses is the company's largest revenue stream.
  • Purple Pillow: Features the GelFlex Grid and offers adjustable height for personalized comfort. Competitors include Tempur-Pedic and other specialty pillow brands. Market share data is not specifically broken down but it is considered as an important component for the company.
  • Seat Cushions and Other Comfort Products: Purple also sells seat cushions designed for office use and comfort solutions. No specific market share or revenue information is publicly available but these products contribute a small portion of overall revenues. Competitors include Tushy and ComfiLife.

Market Dynamics

industry overview logo Industry Overview

The mattress and bedding industry is competitive, with a mix of established brands and direct-to-consumer companies. The industry is driven by innovation in materials and design.

Positioning

Purple Innovation Inc. differentiates itself through its patented GelFlex Grid technology. It appeals to consumers seeking innovative comfort solutions.

Total Addressable Market (TAM)

The global mattress market is estimated to be worth over $40 billion. Purple Innovation Inc. is positioned to capture a portion of this market through its unique product offerings.

Upturn SWOT Analysis

Strengths

  • Patented GelFlex Grid Technology
  • Strong Brand Recognition
  • Direct-to-Consumer Model
  • Innovative Product Design

Weaknesses

  • High Marketing Expenses
  • Supply Chain Vulnerabilities
  • Reliance on a Single Core Technology
  • Profitability Challenges

Opportunities

  • Expansion into New Markets
  • Product Line Extensions
  • Strategic Partnerships
  • Increased E-commerce Adoption

Threats

  • Intense Competition
  • Changing Consumer Preferences
  • Economic Downturns
  • Rising Raw Material Costs

Competitors and Market Share

competitor logo Key Competitors

  • TPX
  • SSYS
  • CASPR

Competitive Landscape

Purple Innovation Inc. competes with established mattress brands and direct-to-consumer companies. Its competitive advantages include its unique GelFlex Grid technology and strong brand recognition. Disadvantages include high marketing expenses and supply chain vulnerabilities.

Major Acquisitions

No recent aquisitions

  • Year:
  • Acquisition Price (USD millions):
  • Strategic Rationale:

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been driven by increased sales and brand awareness.

Future Projections: Future growth projections require analyst estimates and company guidance, which are subject to change.

Recent Initiatives: Recent initiatives include product launches, marketing campaigns, and efforts to optimize the supply chain.

Summary

Purple Innovation Inc. is a company with innovative technology and strong brand recognition but faces profitability challenges due to high marketing costs and supply chain risks. Its patented GelFlex Grid provides a competitive edge, but it must successfully manage costs and navigate the competitive landscape to achieve sustained growth. The company must look to improve profitability. Overall Purple requires careful monitoring and planning.

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Sources and Disclaimers

Data Sources:

  • Company Filings (SEC)
  • Market Research Reports
  • Industry Publications
  • Company Website

Disclaimers:

This analysis is based on publicly available information and should not be considered financial advice. Market conditions and company performance are subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Purple Innovation Inc

Exchange NASDAQ
Headquaters Lehi, UT, United States
IPO Launch date 2015-10-29
CEO & Director Mr. Robert T. DeMartini
Sector Consumer Cyclical
Industry Furnishings, Fixtures & Appliances
Full time employees 1200
Full time employees 1200

Purple Innovation, Inc. designs, manufactures, and sells sleep and other products in the United States and internationally. It offers mattresses, pillows, sheets, waterproof mattress protectors, bases, and seat cushions, as well as blankets and duvets. The company markets and sells its products through its direct-to-consumer e-commerce channels, retail brick-and-mortar wholesale partners, third-party online retailers, and Purple showrooms. The company was founded in 2010 and is headquartered in Lehi, Utah.

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