FIGS’s (FIGS) “Buy” Rating Reiterated at BTIG Research

FIGS (NYSE:FIGS)‘s stock had its “buy” rating reissued by research analysts at BTIG Research in a research report issued on Friday,Benzinga reports. They currently have a $15.00 target price on the stock. BTIG Research’s target price suggests a potential upside of 19.05% from the company’s current price.

A number of other research firms also recently weighed in on FIGS. The Goldman Sachs Group raised their price target on FIGS from $5.50 to $7.50 and gave the company a “sell” rating in a research note on Friday, January 30th. Wall Street Zen cut shares of FIGS from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 14th. Wolfe Research raised shares of FIGS to a “buy” rating in a research report on Wednesday, December 10th. Weiss Ratings reissued a “hold (c-)” rating on shares of FIGS in a research report on Monday, December 29th. Finally, Morgan Stanley boosted their price objective on shares of FIGS from $7.50 to $8.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $11.25.

FIGS Trading Up 15.0%

Shares of FIGS opened at $12.60 on Friday. The stock has a market capitalization of $2.07 billion, a price-to-earnings ratio of 126.00 and a beta of 1.29. FIGS has a 12 month low of $3.57 and a 12 month high of $12.66. The firm has a fifty day simple moving average of $11.33 and a 200 day simple moving average of $9.29.

FIGS (NYSE:FIGS) last posted its quarterly earnings data on Thursday, February 26th. The company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.08. The company had revenue of $201.90 million during the quarter, compared to the consensus estimate of $165.33 million. FIGS had a net margin of 3.03% and a return on equity of 4.50%. The company’s quarterly revenue was up 33.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.01 EPS. As a group, research analysts predict that FIGS will post 0.01 earnings per share for the current fiscal year.

Insider Transactions at FIGS

In other FIGS news, CFO Sarah Oughtred sold 22,690 shares of the business’s stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $10.56, for a total value of $239,606.40. Following the completion of the sale, the chief financial officer owned 821,500 shares of the company’s stock, valued at $8,675,040. The trade was a 2.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Heather L. Hasson sold 22,874 shares of the stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $10.56, for a total transaction of $241,549.44. Following the transaction, the insider owned 1,251,967 shares in the company, valued at approximately $13,220,771.52. The trade was a 1.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 105,813 shares of company stock valued at $1,168,051. 29.44% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On FIGS

Several institutional investors have recently made changes to their positions in FIGS. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in FIGS by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 77,219 shares of the company’s stock worth $354,000 after acquiring an additional 3,276 shares during the period. Woodline Partners LP acquired a new stake in shares of FIGS during the 1st quarter worth $3,199,000. Y Intercept Hong Kong Ltd bought a new position in shares of FIGS in the second quarter worth $141,000. Malaga Cove Capital LLC raised its stake in FIGS by 10.1% in the second quarter. Malaga Cove Capital LLC now owns 374,673 shares of the company’s stock valued at $2,113,000 after purchasing an additional 34,235 shares in the last quarter. Finally, Fox Run Management L.L.C. bought a new stake in FIGS during the second quarter worth about $100,000. 92.21% of the stock is currently owned by institutional investors.

FIGS News Roundup

Here are the key news stories impacting FIGS this week:

• Positive Sentiment: Q4 beat — FIGS reported $0.10 EPS vs. $0.02 consensus and revenue of $201.9M (+33% YoY), driven by higher ASPs and channel growth; this is the core catalyst for the rally. FIGS Q4 results and materials
• Positive Sentiment: Raised FY‑2026 revenue guide — management provided a revenue range roughly $694.2M–$706.8M (centered near $700M), materially above the prior street consensus (~$625.6M), and reiterated margin expansion plans. That guidance materially improves forward top‑line visibility. Figs targets $700M revenue in 2026
• Positive Sentiment: Execution and growth levers — management highlighted international expansion, retail openings and partnerships (including Olympic-related initiatives) as drivers of durable customer acquisition and wholesale/DTC mix improvement. These strategic moves support the raised outlook. FIGS Q4 2025 Earnings Call Highlights
• Positive Sentiment: Market reaction — coverage notes the stock hit a new 12‑month high on the results, reflecting investor enthusiasm for the beat + guide combo. FIGS sets new 12‑month high
• Neutral Sentiment: Analyst tone shifting — some sell‑side coverage calls the narrative “cautious yet constructive,” with models being updated to factor in stronger top‑line but still conservative margin timing. Monitor updated estimates and cadence in next quarters. Investment narrative shifting
• Negative Sentiment: Profitability & valuation remain watchpoints — despite revenue strength, trailing net margin is low (~3.0%) and ROE modest (~4.5%); the stock trades at a high PE (~126), so expectations are elevated and any execution slip could pressure shares. Zacks analysis of key metrics

FIGS Company Profile

FIGS, Inc operates as a direct-to-consumer designer and retailer of medical apparel and accessories. The company offers a range of products tailored to the needs of healthcare professionals, including scrub sets, lab coats, tops, bottoms, outerwear, footwear, and performance fabrics designed for comfort, durability, and antimicrobial protection. Through its e-commerce platform and a growing network of retail stores, FIGS provides customizable uniforms and accessories with a focus on innovative materials and functional design features such as four-way stretch fabrics, moisture-wicking technology, and multiple secure pockets.

Founded in 2013 by Heather Hasson and Trina Spear, FIGS set out to disrupt the traditional medical uniform market by emphasizing both form and function.