Telsey Advisory Group Forecasts Strong Price Appreciation for FIGS (NYSE:FIGS) Stock

FIGS (NYSE:FIGS) had its price target hoisted by equities research analysts at Telsey Advisory Group from $9.00 to $15.00 in a research note issued to investors on Friday, Marketbeat.com reports. The firm currently has a “market perform” rating on the stock. Telsey Advisory Group’s price target points to a potential downside of 2.82% from the stock’s current price.

A number of other research analysts also recently commented on FIGS. KeyCorp raised shares of FIGS from a “sector weight” rating to an “overweight” rating and set a $17.00 price objective for the company in a research note on Friday. Weiss Ratings restated a “hold (c-)” rating on shares of FIGS in a report on Monday, December 29th. Morgan Stanley increased their price target 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. Wall Street Zen lowered shares of FIGS from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 14th. Finally, Wolfe Research raised shares of FIGS to a “buy” rating in a research note on Wednesday, December 10th. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $12.25.

FIGS Price Performance

FIGS stock opened at $15.44 on Friday. The company’s 50 day simple moving average is $11.39 and its 200-day simple moving average is $9.37. The firm has a market capitalization of $2.54 billion, a PE ratio of 81.24 and a beta of 1.29. FIGS has a 12 month low of $3.57 and a 12 month high of $15.90.

FIGS (NYSE:FIGS) last posted its quarterly earnings data on Thursday, February 26th. The company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates 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 firm’s quarterly revenue was up 33.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.01 EPS. As a group, sell-side analysts anticipate that FIGS will post 0.01 earnings per share for the current year.

Insider Buying and Selling

In other FIGS news, CEO Catherine Eva Spear sold 49,734 shares of FIGS stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $11.38, for a total transaction of $565,972.92. Following the transaction, the chief executive officer directly owned 1,857,299 shares of the company’s stock, valued at $21,136,062.62. The trade was a 2.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Heather L. Hasson sold 22,874 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 $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. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 105,813 shares of company stock valued at $1,168,051. 29.44% of the stock is currently owned by corporate insiders.

Institutional Trading of FIGS

A number of institutional investors have recently added to or reduced their stakes in FIGS. Assetmark Inc. acquired a new stake in FIGS in the 3rd quarter valued at $35,000. Elevated Capital Advisors LLC purchased a new stake in shares of FIGS in the fourth quarter worth about $45,000. Quarry LP boosted its position in shares of FIGS by 1,876.3% in the third quarter. Quarry LP now owns 7,846 shares of the company’s stock worth $52,000 after buying an additional 7,449 shares during the period. Capstone Financial Advisors Inc. acquired a new stake in shares of FIGS in the second quarter valued at about $56,000. Finally, Hudson Bay Capital Management LP acquired a new position in FIGS during the 2nd quarter worth approximately $61,000. 92.21% of the stock is owned by hedge funds and other institutional investors.

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

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.