Telsey Advisory Group Issues Positive Forecast for FIGS (NYSE:FIGS) Stock Price

FIGS (NYSE:FIGS) had its price target lifted by equities researchers at Telsey Advisory Group from $9.00 to $15.00 in a research report issued to clients and investors on Friday. The brokerage presently has a “market perform” rating on the stock. Telsey Advisory Group’s price objective points to a potential upside of 19.05% from the stock’s current price.

Several other brokerages have also recently commented on FIGS. BTIG Research reiterated a “buy” rating and set a $15.00 price target on shares of FIGS in a research report on Friday. Wall Street Zen lowered shares of FIGS from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 14th. KeyCorp raised FIGS from a “sector weight” rating to an “overweight” rating and set a $17.00 target price for the company in a research note on Friday. The Goldman Sachs Group increased their price target on FIGS from $5.50 to $7.50 and gave the stock a “sell” rating in a report on Friday, January 30th. Finally, Zacks Research upgraded shares of FIGS from a “hold” rating to a “strong-buy” rating in a report on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, FIGS has a consensus rating of “Hold” and a consensus price target of $12.25.

FIGS Price Performance

Shares of FIGS stock opened at $12.60 on Friday. The business has a fifty day moving average of $11.33 and a 200 day moving average of $9.29. FIGS has a 1 year low of $3.57 and a 1 year high of $12.66. The firm has a market capitalization of $2.07 billion, a price-to-earnings ratio of 126.00 and a beta of 1.29.

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

Insider Buying and Selling at FIGS

In other FIGS news, CFO Sarah Oughtred sold 22,690 shares of the business’s stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $10.56, for a total transaction of $239,606.40. Following the sale, the chief financial officer directly owned 821,500 shares in the company, valued at approximately $8,675,040. The trade was a 2.69% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Heather L. Hasson sold 22,874 shares of the company’s stock in a transaction 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 directly owned 1,251,967 shares in the company, valued at approximately $13,220,771.52. This trade represents a 1.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 105,813 shares of company stock valued at $1,168,051. 29.44% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Marshall Wace LLP boosted its stake in shares of FIGS by 66.2% during the 4th quarter. Marshall Wace LLP now owns 4,297,868 shares of the company’s stock worth $48,824,000 after purchasing an additional 1,712,610 shares during the last quarter. Bamco Inc. NY grew its position in FIGS by 2.2% during the second quarter. Bamco Inc. NY now owns 59,974,407 shares of the company’s stock valued at $338,256,000 after acquiring an additional 1,302,823 shares during the period. BNP Paribas Financial Markets increased its stake in FIGS by 2,139.7% during the second quarter. BNP Paribas Financial Markets now owns 1,307,468 shares of the company’s stock worth $7,374,000 after acquiring an additional 1,249,091 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of FIGS by 9.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 13,936,468 shares of the company’s stock valued at $78,602,000 after purchasing an additional 1,144,962 shares in the last quarter. Finally, Squarepoint Ops LLC increased its position in FIGS by 940.7% during the 2nd quarter. Squarepoint Ops LLC now owns 924,092 shares of the company’s stock worth $5,212,000 after purchasing an additional 835,300 shares in the last quarter. Institutional investors and hedge funds own 92.21% of the company’s stock.

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

About FIGS

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.