Added to YB: 2025-10-16
Pitch date: 2025-10-14
PRPL [neutral]
Purple Innovation, Inc.
-6.24%
current return
Author Info
The Value Road is a deep value investor that's interested in post bankruptcy, NAV, and undervalued micro and nano-cap stocks. I only invest in companies that have layers of value behind them, usually with little or no debt. Sign up for their newsletter.
Company Info
Purple Innovation, Inc. designs, manufactures, and sells sleep and other products in the United States and internationally.
Market Cap
$85.0M
Pitch Price
$0.88
Price Target
1.40 (+70%)
Dividend
N/A
EV/EBITDA
23.77
P/E
-1.49
EV/Sales
0.56
Sector
Household Durables
Category
special_situation
The 41% Signal: How Strategic Reviews Hint at Hidden Takeovers - Purple Innovation, Inc.
PRPL (strategic review): Board reviewing strategic options (sale/merger) after inbound interest. $95M market cap, $260M EV at 7.5x EV/EBITDA, 0.45x P/S. Options include PE sale, operational restructuring, store rationalization + digital expansion. Go-private at peer multiples could yield 40-60% upside.
Read full article (1 min)