FIGS (NYSE:FIGS) Sets New 1-Year High on Strong Earnings

FIGS, Inc. (NYSE:FIGS)’s share price reached a new 52-week high on Friday after the company announced better than expected quarterly earnings. The stock traded as high as $12.66 and last traded at $12.60, with a volume of 9780949 shares traded. The stock had previously closed at $10.96.

The company reported $0.10 earnings per share for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $165.33 million. During the same period in the prior year, the business posted $0.01 earnings per share. The business’s revenue was up 33.0% compared to the same quarter last year.

Key Headlines Impacting FIGS

Here are the key news stories impacting FIGS this week:

• Positive Sentiment: Q4 beat — FIGS reported EPS of $0.10 (vs. consensus $0.02) and revenue of $201.9M (vs. consensus $165.3M), showing clear top- and bottom-line outperformance that drove investor optimism. Press Release
• Positive Sentiment: Raised FY2026 revenue guidance — management set revenue guidance of $694.2M–$706.8M, well above the street consensus (~$625.6M), signaling stronger growth expectations for the year and supporting a re-rating of the stock. FIGS Releases Fourth Quarter and Full Year 2025 Financial Results
• Neutral Sentiment: Positive partnership momentum but uncertain lift — the company’s recent promotional push (including an Olympic-related partnership discussed in previews) may drive brand awareness and sales, but the near-term revenue impact is not quantified. Figs on deck with Q4 earnings after Olympic partnership push
• Neutral Sentiment: Street stance remains cautious — analysts’ average rating is around “Hold,” suggesting investors should expect continued scrutiny even after the beat and guide. FIGS, Inc. Receives Average Recommendation of “Hold”
• Negative Sentiment: Profitability and valuation risks — despite revenue strength, net margin remained low (~3.0%) and ROE modest (~4.5%), and the shares trade at a high P/E (~126x), leaving the stock sensitive to any margin pressure or growth shortfall. Press Release

Analyst Ratings Changes

FIGS has been the topic of a number of recent analyst reports. Zacks Research upgraded shares of FIGS from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 7th. Telsey Advisory Group reaffirmed a “market perform” rating and set a $9.00 price objective on shares of FIGS in a report on Friday, February 20th. Weiss Ratings reissued a “hold (c-)” rating on shares of FIGS in a report on Monday, December 29th. BTIG Research increased their price target on FIGS from $12.00 to $15.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Finally, 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 report on Friday, January 30th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, FIGS currently has an average rating of “Hold” and an average price target of $10.10.

Insiders Place Their Bets

In other FIGS news, insider Heather L. Hasson sold 22,874 shares of the company’s 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 transaction, the insider directly owned 1,251,967 shares in the company, valued at approximately $13,220,771.52. This represents a 1.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Sarah Oughtred sold 22,690 shares of the business’s 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 $239,606.40. Following the sale, the chief financial officer directly owned 821,500 shares of the company’s stock, valued at approximately $8,675,040. This trade represents a 2.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 105,813 shares of company stock valued at $1,168,051. 29.44% of the stock is currently owned by insiders.

Institutional Trading of FIGS

A number of hedge funds have recently modified their holdings of FIGS. Y Intercept Hong Kong Ltd raised its holdings in FIGS by 943.4% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 261,232 shares of the company’s stock worth $1,748,000 after buying an additional 236,195 shares during the period. XTX Topco Ltd acquired a new position in shares of FIGS in the second quarter valued at approximately $671,000. Catalyst Funds Management Pty Ltd acquired a new position in shares of FIGS in the second quarter valued at approximately $72,000. ProShare Advisors LLC increased its position in shares of FIGS by 24.7% during the third quarter. ProShare Advisors LLC now owns 963,560 shares of the company’s stock worth $6,446,000 after acquiring an additional 190,592 shares in the last quarter. Finally, Bamco Inc. NY raised its holdings in shares of FIGS by 2.2% during the second quarter. Bamco Inc. NY now owns 59,974,407 shares of the company’s stock worth $338,256,000 after acquiring an additional 1,302,823 shares during the period. 92.21% of the stock is currently owned by institutional investors and hedge funds.

FIGS Stock Up 15.0%

The firm has a market capitalization of $2.07 billion, a price-to-earnings ratio of 126.00 and a beta of 1.29. The business’s fifty day moving average is $11.33 and its 200 day moving average is $9.29.

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.