This article first appeared on GuruFocus.

Purple Innovation Inc (NASDAQ:PRPL) is set to release its Q3 2025 earnings on Nov 4, 2025. The consensus estimate for Q3 2025 revenue is $123.21 million, and the earnings are expected to come in at -$0.09 per share. The full year 2025's revenue is expected to be $472.18 million and the earnings are expected to be -$0.42 per share. More detailed estimate data can be found on the Forecast page.

Warning! GuruFocus has detected 6 Warning Signs with PRPL.

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Revenue estimates for Purple Innovation Inc (NASDAQ:PRPL) have remained steady at $472.18 million for the full year 2025 and $528 million for 2026 over the past 90 days. Earnings estimates have declined from -$0.39 per share to -$0.42 per share for the full year 2025, while they have remained flat at -$0.23 per share for 2026 over the past 90 days.

In the previous quarter ending on June 30, 2025, Purple Innovation Inc's (NASDAQ:PRPL) actual revenue was $105.10 million, which beat analysts' revenue expectations of $103.69 million by 1.36%. Purple Innovation Inc's (NASDAQ:PRPL) actual earnings were -$0.16 per share, which missed analysts' earnings expectations of -$0.10 per share by 60%. After releasing the results, Purple Innovation Inc (NASDAQ:PRPL) was down by 3.84% in one day.

Based on the one-year price targets offered by 2 analysts, the average target price for Purple Innovation Inc (NASDAQ:PRPL) is $3.30 with a high estimate of $5.00 and a low estimate of $1.60. The average target implies an upside of 316.77% from the current price of $0.79.

Based on GuruFocus estimates, the estimated GF Value for Purple Innovation Inc (NASDAQ:PRPL) in one year is $1.25, suggesting an upside of 57.87% from the current price of $0.79.

Based on the consensus recommendation from 5 brokerage firms, Purple Innovation Inc's (NASDAQ:PRPL) average brokerage recommendation is currently 2.6, indicating a \\"Hold\\" status. The rating scale ranges from 1 to 5, where 1 signifies strong buy, and 5 denotes sell.