FIGS’s (FIGS) Buy Rating Reiterated at BTIG Research

BTIG Research reaffirmed their buy rating on shares of FIGS (NYSE:FIGS) in a research note issued to investors on Friday morning,Benzinga reports. They currently have a $15.00 price target on the stock.

A number of other brokerages have also recently weighed in on FIGS. Barclays increased their target price on shares of FIGS from $9.00 to $11.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 6th. Morgan Stanley increased 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. Telsey Advisory Group reissued a “market perform” rating and issued a $15.00 target price (up from $9.00) on shares of FIGS in a report on Friday, February 20th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of FIGS in a report on Monday, December 29th. Finally, Wall Street Zen cut FIGS from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 14th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $12.25.

FIGS Price Performance

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

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

Insider Buying and Selling at FIGS

In related 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 owned 1,857,299 shares of the company’s stock, valued at $21,136,062.62. This trade represents a 2.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Heather L. Hasson sold 22,874 shares of FIGS stock in a transaction 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 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 ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 105,813 shares of company stock worth $1,168,051. Insiders own 29.44% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. FourThought Financial Partners LLC lifted its position in shares of FIGS by 3.6% in the fourth quarter. FourThought Financial Partners LLC now owns 32,851 shares of the company’s stock valued at $373,000 after buying an additional 1,138 shares during the last quarter. GSA Capital Partners LLP lifted its holdings in FIGS by 4.2% during the 3rd quarter. GSA Capital Partners LLP now owns 52,045 shares of the company’s stock valued at $348,000 after purchasing an additional 2,083 shares during the last quarter. Corient Private Wealth LLC boosted its position in FIGS by 0.8% during the second quarter. Corient Private Wealth LLC now owns 332,938 shares of the company’s stock worth $1,878,000 after purchasing an additional 2,612 shares during the period. Creative Planning increased its holdings in shares of FIGS by 4.9% in the third quarter. Creative Planning now owns 68,932 shares of the company’s stock valued at $461,000 after purchasing an additional 3,192 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of FIGS by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 77,219 shares of the company’s stock valued at $354,000 after purchasing an additional 3,276 shares during the period. 92.21% of the stock is owned by institutional investors and hedge funds.

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 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.