FIGS’s (FIGS) “Market Perform” Rating Reiterated at Telsey Advisory Group

FIGS (NYSE:FIGS)‘s stock had its “market perform” rating reissued by investment analysts at Telsey Advisory Group in a research note issued to investors on Tuesday,Benzinga reports. They currently have a $5.00 target price on the stock. Telsey Advisory Group’s target price would indicate a potential upside of 8.37% from the stock’s previous close. Telsey Advisory Group also issued estimates for FIGS’s Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at $0.02 EPS, FY2025 earnings at $0.03 EPS and FY2026 earnings at $0.07 EPS.

Other research analysts have also recently issued research reports about the company. The Goldman Sachs Group reduced their target price on FIGS from $4.25 to $3.75 and set a “sell” rating on the stock in a research note on Tuesday, April 22nd. Morgan Stanley cut their price objective on shares of FIGS from $4.75 to $4.25 and set an “equal weight” rating for the company in a research note on Thursday, April 17th.

FIGS Stock Performance

Shares of FIGS stock opened at $4.61 on Tuesday. FIGS has a 52-week low of $3.57 and a 52-week high of $7.06. The business’s fifty day moving average is $4.36 and its 200 day moving average is $5.16. The company has a market capitalization of $749.87 million, a PE ratio of 76.90, a price-to-earnings-growth ratio of 31.62 and a beta of 1.20.

FIGS (NYSE:FIGS) last announced its earnings results on Thursday, May 8th. The company reported $0.00 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.01. FIGS had a net margin of 1.97% and a return on equity of 2.76%. The business had revenue of $124.90 million for the quarter, compared to the consensus estimate of $119.40 million. During the same period last year, the firm posted $0.01 earnings per share. FIGS’s quarterly revenue was up 4.7% on a year-over-year basis. On average, sell-side analysts forecast that FIGS will post 0.01 EPS for the current fiscal year.

Institutional Trading of FIGS

A number of institutional investors have recently made changes to their positions in FIGS. Raymond James Financial Inc. bought a new stake in FIGS during the 4th quarter valued at $12,152,000. Barclays PLC boosted its holdings in shares of FIGS by 152.5% during the third quarter. Barclays PLC now owns 286,974 shares of the company’s stock worth $1,963,000 after purchasing an additional 173,316 shares during the period. OFI Invest Asset Management bought a new stake in shares of FIGS in the fourth quarter worth about $749,000. Susquehanna Fundamental Investments LLC purchased a new position in FIGS during the 4th quarter valued at about $1,270,000. Finally, Blue Trust Inc. increased its holdings in FIGS by 395.3% during the 4th quarter. Blue Trust Inc. now owns 7,642 shares of the company’s stock valued at $47,000 after purchasing an additional 6,099 shares during the period. Hedge funds and other institutional investors own 92.21% of the company’s stock.

About FIGS

FIGS, Inc operates as a direct-to-consumer healthcare apparel and lifestyle company in the United States and internationally. It designs and sells healthcare apparel and scrubwear and non-scrubwear offerings, such as outerwear, underscrubs, footwear, compression socks, lab coats, loungewear, and other apparel.