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Purple Innovation (PRPL) Competitors

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$1.12 +0.08 (+7.69%)
Closing price 08/15/2025 04:00 PM Eastern
Extended Trading
$1.13 +0.01 (+0.89%)
As of 08/15/2025 07:57 PM Eastern
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PRPL vs. SLSN, VIOT, GPRO, WALD, SNBR, HBB, COOK, BRLT, RAY, and SHOT

Should you be buying Purple Innovation stock or one of its competitors? The main competitors of Purple Innovation include Solesence (SLSN), Viomi Technology (VIOT), GoPro (GPRO), Waldencast (WALD), Sleep Number (SNBR), Hamilton Beach Brands (HBB), Traeger (COOK), Brilliant Earth Group (BRLT), Raytech (RAY), and Safety Shot (SHOT). These companies are all part of the "consumer goods" industry.

Purple Innovation vs. Its Competitors

Solesence (NASDAQ:SLSN) and Purple Innovation (NASDAQ:PRPL) are both small-cap consumer staples companies, but which is the superior investment? We will contrast the two companies based on the strength of their dividends, media sentiment, risk, valuation, profitability, earnings, analyst recommendations and institutional ownership.

70.2% of Solesence shares are owned by institutional investors. Comparatively, 88.4% of Purple Innovation shares are owned by institutional investors. 4.8% of Solesence shares are owned by company insiders. Comparatively, 53.9% of Purple Innovation shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Solesence has a net margin of 8.13% compared to Purple Innovation's net margin of -18.43%. Solesence's return on equity of 34.68% beat Purple Innovation's return on equity.

Company Net Margins Return on Equity Return on Assets
Solesence8.13% 34.68% 10.13%
Purple Innovation -18.43%-472.12%-13.20%

Purple Innovation has a consensus target price of $1.00, indicating a potential downside of 10.71%. Given Purple Innovation's stronger consensus rating and higher probable upside, analysts plainly believe Purple Innovation is more favorable than Solesence.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Solesence
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Purple Innovation
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Solesence has higher earnings, but lower revenue than Purple Innovation. Purple Innovation is trading at a lower price-to-earnings ratio than Solesence, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Solesence$64.42M4.27$4.24M$0.0755.71
Purple Innovation$456.84M0.27-$97.90M-$0.78-1.44

Solesence has a beta of 0.87, indicating that its stock price is 13% less volatile than the S&P 500. Comparatively, Purple Innovation has a beta of 1.42, indicating that its stock price is 42% more volatile than the S&P 500.

In the previous week, Purple Innovation had 1 more articles in the media than Solesence. MarketBeat recorded 2 mentions for Purple Innovation and 1 mentions for Solesence. Solesence's average media sentiment score of 1.88 beat Purple Innovation's score of 1.55 indicating that Solesence is being referred to more favorably in the media.

Company Overall Sentiment
Solesence Very Positive
Purple Innovation Very Positive

Summary

Solesence beats Purple Innovation on 8 of the 15 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PRPL and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PRPL vs. The Competition

MetricPurple InnovationCONS PD IndustryStaples SectorNASDAQ Exchange
Market Cap$112.75M$32.15B$16.00B$9.81B
Dividend YieldN/A2.59%3.09%4.07%
P/E Ratio-1.4438.8219.1325.11
Price / Sales0.272.0547.14115.19
Price / CashN/A16.4914.8159.05
Price / Book-8.007.325.746.18
Net Income-$97.90M$1.23B$687.66M$265.11M
7 Day Performance35.92%10.52%2.47%4.19%
1 Month Performance70.21%11.00%-0.10%1.99%
1 Year PerformanceN/A28.69%6.14%23.75%

Purple Innovation Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PRPL
Purple Innovation
1.7196 of 5 stars
$1.12
+7.7%
$1.00
-10.7%
-0.9%$112.75M$456.84M-1.441,200Positive News
Gap Up
SLSN
Solesence
N/A$3.53
+6.3%
N/AN/A$248.79M$52.35M50.4360Positive News
VIOT
Viomi Technology
1.8629 of 5 stars
$3.46
-4.7%
N/A+187.1%$236.04M$290.30M57.671,470News Coverage
Short Interest ↓
Gap Up
GPRO
GoPro
1.9805 of 5 stars
$1.31
-7.1%
$0.75
-42.7%
+8.0%$206.39M$801.47M-1.46880Analyst Forecast
Short Interest ↑
Gap Down
WALD
Waldencast
2.7697 of 5 stars
$1.68
+2.4%
$5.11
+204.4%
-35.9%$205.09M$273.87M0.00272News Coverage
Upcoming Earnings
Analyst Forecast
Short Interest ↓
SNBR
Sleep Number
0.5683 of 5 stars
$8.72
-1.8%
$8.33
-4.4%
-8.5%$198.55M$1.68B-4.793,654Positive News
HBB
Hamilton Beach Brands
2.5685 of 5 stars
$13.64
-2.8%
N/A-52.7%$183.87M$654.69M5.80700
COOK
Traeger
3.2811 of 5 stars
$1.36
-3.9%
$2.31
+70.7%
-56.3%$183.86M$602.44M-5.02880Analyst Downgrade
Analyst Revision
Gap Down
BRLT
Brilliant Earth Group
1.5215 of 5 stars
$1.74
-0.6%
$1.80
+3.4%
+4.0%$172.81M$418.71M-58.00420News Coverage
Gap Down
RAY
Raytech
N/A$2.74
-0.7%
N/A+87.2%$119.46M$10.12M0.00N/AShort Interest ↑
High Trading Volume
SHOT
Safety Shot
N/A$0.56
-51.0%
N/A-1.2%$67.57M$700K0.0010Trending News
Earnings Report
Analyst Upgrade
High Trading Volume

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This page (NASDAQ:PRPL) was last updated on 8/16/2025 by MarketBeat.com Staff
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