FIGS (NYSE:FIGS) Stock Rating Upgraded by Barclays

FIGS (NYSE:FIGS) was upgraded by investment analysts at Barclays from a “hold” rating to a “strong-buy” rating in a research note issued on Friday,Zacks.com reports.

A number of other brokerages also recently weighed in on FIGS. Wall Street Zen raised shares of FIGS from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Morgan Stanley lifted 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. BTIG Research reiterated a “buy” rating and set a $15.00 price objective on shares of FIGS in a report on Friday. Zacks Research upgraded FIGS from a “hold” rating to a “strong-buy” rating in a report on Friday, November 7th. Finally, Telsey Advisory Group boosted their price target on shares of FIGS from $9.00 to $15.00 and gave the stock a “market perform” rating in a research report on Friday. Two research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $12.25.

FIGS Stock Performance

NYSE FIGS opened at $15.44 on Friday. FIGS has a twelve month low of $3.57 and a twelve month high of $15.90. The stock has a market capitalization of $2.54 billion, a PE ratio of 81.24 and a beta of 1.29. The stock has a 50-day simple moving average of $11.39 and a 200 day simple moving average of $9.37.

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 8.62% and a net margin of 5.43%.The company’s revenue for the quarter was up 33.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.01 EPS. As a group, equities research analysts forecast that FIGS will post 0.01 EPS for the current fiscal year.

Insider Transactions at FIGS

In related news, 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 completion of the sale, the insider directly owned 1,251,967 shares of the company’s stock, valued at approximately $13,220,771.52. This trade represents a 1.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Catherine Eva Spear sold 49,734 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $11.38, for a total transaction of $565,972.92. Following the completion of the transaction, the chief executive officer directly owned 1,857,299 shares of the company’s stock, valued at approximately $21,136,062.62. This trade represents a 2.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 105,813 shares of company stock worth $1,168,051. Company insiders own 29.44% of the company’s stock.

Hedge Funds Weigh In On FIGS

Hedge funds have recently modified their holdings of the company. Elevated Capital Advisors LLC purchased a new position in shares of FIGS during the fourth quarter worth approximately $45,000. Assetmark Inc. purchased a new stake in shares of FIGS during the third quarter valued at $35,000. Kemnay Advisory Services Inc. purchased a new position in shares of FIGS in the fourth quarter worth about $69,000. Quarry LP boosted its holdings in shares of FIGS by 1,876.3% in the 3rd quarter. Quarry LP now owns 7,846 shares of the company’s stock valued at $52,000 after acquiring an additional 7,449 shares during the last quarter. Finally, Capstone Financial Advisors Inc. acquired a new stake in FIGS during the 2nd quarter worth about $56,000. Hedge funds and other institutional investors own 92.21% of the company’s stock.

Key Headlines Impacting FIGS

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 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.