FIGS (NYSE:FIGS) Given New $25.00 Price Target at BTIG Research

Posted by Stanley Muller on Oct 31st, 2026

FIGS (NYSE:FIGS – Free Report) had its price target upped by BTIG Research from $22.00 to $25.00 in a research note released on Friday morning,Benzinga reports. BTIG Research currently has a buy rating on the stock.

Several other brokerages have also commented on FIGS. Roth Capital restated a “buy” rating on shares of FIGS in a research note on Friday, August 7th. Wall Street Zen raised shares of FIGS from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 10th. Barclays upped their price objective on shares of FIGS from $17.00 to $20.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Telsey Advisory Group lowered their target price on shares of FIGS from $17.00 to $16.00 and set a “market perform” rating on the stock in a research report on Friday, August 7th. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $16.00 target price on shares of FIGS in a research report on Friday, August 7th. Seven research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, FIGS presently has an average rating of “Moderate Buy” and an average price target of $19.57.

View Our Latest Report on FIGS

FIGS Price Performance

Shares of FIGS stock opened at $21.35 on Friday. The firm has a market cap of $3.55 billion, a price-to-earnings ratio of 64.71 and a beta of 1.06. FIGS has a 52-week low of $7.21 and a 52-week high of $22.31. The stock has a 50-day simple moving average of $15.77 and a 200-day simple moving average of $13.42.

FIGS (NYSE:FIGS – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.08. The firm had revenue of $196.62 million for the quarter, compared to the consensus estimate of $186.17 million. FIGS had a return on equity of 12.53% and a net margin of 8.72%. The firm’s revenue was up 28.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.04 earnings per share. As a group, equities research analysts predict that FIGS will post 0.32 earnings per share for the current year.

Hedge Funds Weigh In On FIGS

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. State of Wyoming boosted its holdings in shares of FIGS by 6.9% during the 3rd quarter. State of Wyoming now owns 69,746 shares of the company’s stock worth $967,000 after buying an additional 4,487 shares during the period. Sterling Capital Management LLC raised its holdings in FIGS by 848.2% in the 3rd quarter. Sterling Capital Management LLC now owns 3,167 shares of the company’s stock worth $44,000 after acquiring an additional 2,833 shares during the period. SBI Securities Co. Ltd. raised its holdings in FIGS by 11,872.9% in the 3rd quarter. SBI Securities Co. Ltd. now owns 14,128 shares of the company’s stock worth $196,000 after acquiring an additional 14,010 shares during the period. State of Alaska Department of Revenue acquired a new position in FIGS during the 3rd quarter worth $116,000. Finally, Sanders Morris Harris LLC acquired a new position in FIGS during the 3rd quarter worth $403,000. Institutional investors and hedge funds own 92.21% of the company’s stock.

FIGS News Roundup

Here are the key news stories impacting FIGS this week:

Positive Sentiment: BTIG Research raised its price target on FIGS from $22 to $25 and assigned a “Buy” rating. The new target implies approximately 17% upside from the referenced $21.35 share price, providing a positive catalyst for investor sentiment. BTIG Research stock recommendations
Positive Sentiment: Oppenheimer also lifted its FIGS price target to $25 ahead of earnings. The upgrade helped drive a recent rally and reinforces the view that the apparel company may deliver results strong enough to support a higher valuation. FIGS rises on Oppenheimer price target
Positive Sentiment: Zacks expects FIGS to have a favorable setup for an earnings beat. Its analysis cites the combination of key factors typically associated with stronger-than-expected quarterly results, though the article does not guarantee a beat or provide new company guidance. FIGS earnings expectations
Neutral Sentiment: Several other articles discuss edible figs, recipes, nutrition, or fig pollination rather than FIGS, Inc. and therefore have no direct relevance to the stock.

About FIGS

(Get Free Report)

FIGS, Inc is a direct-to-consumer healthcare apparel and lifestyle company that designs and sells clothing and accessories for healthcare professionals. Its product portfolio includes scrubs, underscrubs, outerwear, footwear, bags and other accessories intended to combine functionality, comfort and contemporary design.

The company sells primarily through its digital platform and also operates retail locations and other distribution channels. FIGS serves healthcare professionals in the United States and select international markets, including Canada, the United Kingdom and Australia.

FIGS was founded in 2013 by Heather Hasson and Trina Spear.