Brokerages Set FIGS, Inc. (NYSE:FIGS) PT at $10.10

Shares of FIGS, Inc. (NYSE:FIGS) have been assigned an average recommendation of “Moderate Buy” from the ten ratings firms that are currently covering the company, MarketBeat.com reports. Five investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $12.25.

FIGS has been the topic of several analyst reports. KeyCorp upgraded FIGS from a “sector weight” rating to an “overweight” rating and set a $17.00 price target on the stock in a report on Friday. Zacks Research raised shares of FIGS from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 7th. Barclays raised shares of FIGS from a “hold” rating to a “strong-buy” rating in a research note on Friday. BTIG Research restated a “buy” rating and set a $15.00 price target on shares of FIGS in a report on Friday. Finally, The Goldman Sachs Group upgraded FIGS from a “strong sell” rating to a “hold” rating in a report on Friday.

FIGS News Summary

Here are the key news stories impacting FIGS this week:

• Positive Sentiment: Q4 earnings beat — FIGS reported $0.10 EPS vs. $0.02 consensus and revenue of $201.9M (up 33% YoY), signaling solid top-line momentum and margin expansion. Article Title
• Positive Sentiment: Aggressive FY2026 revenue guide — management is targeting roughly $694M–$707M (around a $700M target cited publicly), well above Street consensus (~$625.6M), and flagged international expansion and margin improvement as priorities. That guidance materially raises growth expectations. Article Title
• Positive Sentiment: Analyst upgrade — KeyCorp moved FIGS from sector weight to overweight with a $17 price target, providing third‑party validation of the company’s growth trajectory. Article Title
• Neutral Sentiment: Telsey raised its price target from $9 to $15 and set a “market perform” rating — upgrade in target, but PT sits slightly below the current share price. Article Title
• Neutral Sentiment: BTIG reaffirmed a “buy” rating with a $15 target — keeps buy conviction but target is not above the current price, limiting near-term upside from that shop. Article Title
• Neutral Sentiment: Conference call and analyst write-ups published — transcripts and call highlights provide detail on Olympic partnership, international rollout and margin levers for investors doing deeper diligence. Article Title
• Negative Sentiment: Valuation and mixed price-targets risk — FIGS trades with a high P/E and recently hit a 12‑month high, leaving shares vulnerable to profit-taking; several widely cited targets (~$15) sit at or below the current price. Article Title

FIGS Price Performance

Shares of FIGS stock opened at $15.44 on Wednesday. The stock’s 50 day simple moving average is $11.39 and its 200-day simple moving average is $9.39. The stock has a market cap of $2.54 billion, a P/E ratio of 81.24 and a beta of 1.21. FIGS has a 1-year low of $3.57 and a 1-year high of $15.90.

FIGS (NYSE:FIGS) last posted its quarterly earnings results on Thursday, February 26th. The company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.02 by $0.08. The firm had revenue of $201.90 million during the quarter, compared to analysts’ expectations of $165.33 million. FIGS had a return on equity of 8.41% and a net margin of 5.43%.The business’s revenue for the quarter was up 33.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.01 earnings per share. As a group, research analysts expect that FIGS will post 0.01 EPS for the current fiscal year.

Insider Transactions at FIGS

In other FIGS news, CEO Catherine Eva Spear sold 49,734 shares of the company’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $11.38, for a total value of $565,972.92. Following the transaction, the chief executive officer owned 1,857,299 shares of the company’s stock, valued at $21,136,062.62. This represents a 2.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Heather L. Hasson sold 22,874 shares of FIGS stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $10.56, for a total transaction of $241,549.44. Following the sale, the insider owned 1,251,967 shares of the company’s stock, valued at approximately $13,220,771.52. This represents a 1.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 105,813 shares of company stock worth $1,168,051. 29.44% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On FIGS

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

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.