FIGS (NYSE:FIGS) Earns Market Perform Rating from Telsey Advisory Group

FIGS (NYSE:FIGS)‘s stock had its “market perform” rating restated by investment analysts at Telsey Advisory Group in a report issued on Tuesday,Benzinga reports. They currently have a $5.00 price objective on the stock. Telsey Advisory Group’s price target would indicate a potential upside of 8.93% from the stock’s current price. Telsey Advisory Group also issued estimates for FIGS’s Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at $0.02 EPS, FY2025 earnings at $0.03 EPS and FY2026 earnings at $0.07 EPS.

A number of other equities analysts have also weighed in on FIGS. The Goldman Sachs Group decreased their price objective on shares of FIGS from $4.25 to $3.75 and set a “sell” rating for the company in a report on Tuesday, April 22nd. Morgan Stanley decreased their price objective on shares of FIGS from $4.75 to $4.25 and set an “equal weight” rating for the company in a report on Thursday, April 17th.

FIGS Stock Down 0.2%

Shares of NYSE FIGS opened at $4.59 on Tuesday. FIGS has a twelve month low of $3.57 and a twelve month high of $7.06. The firm has a market cap of $745.97 million, a P/E ratio of 76.50, a PEG ratio of 31.62 and a beta of 1.20. The company has a 50 day moving average of $4.35 and a 200 day moving average of $5.15.

Institutional Investors Weigh In On FIGS

A number of hedge funds have recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. raised its stake in FIGS by 5.0% during the 1st quarter. Ameriprise Financial Inc. now owns 12,791,506 shares of the company’s stock valued at $58,713,000 after buying an additional 603,340 shares during the last quarter. EntryPoint Capital LLC raised its stake in FIGS by 232.0% during the 1st quarter. EntryPoint Capital LLC now owns 115,030 shares of the company’s stock valued at $528,000 after buying an additional 80,382 shares during the last quarter. Quantbot Technologies LP raised its stake in FIGS by 5,447.7% during the 1st quarter. Quantbot Technologies LP now owns 69,457 shares of the company’s stock valued at $319,000 after buying an additional 68,205 shares during the last quarter. Russell Investments Group Ltd. purchased a new stake in FIGS during the 1st quarter valued at $334,000. Finally, Nuveen LLC purchased a new stake in FIGS during the 1st quarter valued at $958,000. 92.21% of the stock is currently owned by hedge funds and other institutional investors.

About FIGS

FIGS, Inc operates as a direct-to-consumer healthcare apparel and lifestyle company in the United States and internationally. It designs and sells healthcare apparel and scrubwear and non-scrubwear offerings, such as outerwear, underscrubs, footwear, compression socks, lab coats, loungewear, and other apparel.