FIGS (NYSE:FIGS) Price Target Raised to $15.00

FIGS (NYSE:FIGS) had its target price raised by Telsey Advisory Group from $9.00 to $15.00 in a research report sent to investors on Friday morning, Marketbeat.com reports. They currently have a market perform rating on the stock.

A number of other analysts also recently issued reports on the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of FIGS in a research note on Monday, December 29th. The Goldman Sachs Group increased their target price on shares of FIGS from $5.50 to $7.50 and gave the stock a “sell” rating in a research note on Friday, January 30th. Wolfe Research raised shares of FIGS to a “buy” rating in a research report on Wednesday, December 10th. Barclays upped their price objective on FIGS from $9.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 6th. Finally, Wall Street Zen cut FIGS from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 14th. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $12.25.

FIGS Stock Up 23.8%

Shares of FIGS opened at $15.44 on Friday. The business has a fifty day moving average of $11.39 and a 200 day moving average of $9.39. The company has a market cap of $2.54 billion, a PE ratio of 81.24 and a beta of 1.21. FIGS has a 52-week low of $3.57 and a 52-week high of $15.90.

FIGS (NYSE:FIGS) last released its quarterly earnings results 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 net margin of 5.43% and a return on equity of 8.41%. The firm’s revenue for the quarter was up 33.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.01 EPS. As a group, research analysts anticipate that FIGS will post 0.01 earnings per share for the current fiscal year.

Insider Activity at FIGS

In other news, insider Heather L. Hasson sold 22,874 shares of the company’s stock in a transaction dated 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 transaction, the insider directly 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 position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Sarah Oughtred sold 22,690 shares of the stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $10.56, for a total value of $239,606.40. Following the completion of the transaction, the chief financial officer owned 821,500 shares in the company, valued at approximately $8,675,040. The trade was a 2.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 105,813 shares of company stock valued at $1,168,051 over the last quarter. 29.44% of the stock is owned by insiders.

Institutional Trading of FIGS

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

Trending Headlines about 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

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.