
"PRPL: Mattress co emerging from housing slump. Strong insider buying, $94M debt vs $450M revenue. CEO guiding positive EBITDA in H2 2025. Trading at 0.19x P/S vs 1.8x peak. Q2 rev down 12% YoY but showing momentum. Potential acquisition target with Coliseum Capital (47% owner) entertaining offers. PT $5 by 2027."
A ten bagger in your sleep? (Part I) Purple Innovation $PRPL
Unemployed Value Degen
August 2, 2025
Stock Idea