Street Calls of the Week
Figs Inc stock reached a 52-week high of 7.31 USD, marking a significant milestone for the company. With a market capitalization of $1.19 billion and impressive gross profit margins of 67%, the company has shown strong fundamentals. Over the past year, the stock has experienced a notable increase of 40.27%, with particularly strong momentum shown in its 45% surge over the last six months. According to InvestingPro analysis, the stock is currently trading near its Fair Value. This rise comes amidst a backdrop of evolving market conditions and highlights the company’s resilience and growth potential, supported by a healthy current ratio of 5.02 and steady revenue growth of 3.41%. The 52-week high underscores the stock’s upward trajectory and positions Figs Inc as a company to watch in the coming months. Discover 12 additional key insights about FIGS with an InvestingPro subscription, including exclusive analysis and detailed financial metrics.
In other recent news, Figs Inc. announced its second-quarter 2025 earnings, surpassing Wall Street expectations. The company reported a diluted earnings per share (EPS) of $0.04, doubling the forecast of $0.02. Additionally, Figs exceeded revenue predictions with $152.6 million against the anticipated $144.17 million. Following these strong results, Barclays raised its price target for Figs to $7.00 from $5.00, maintaining an Equalweight rating. BofA Securities also adjusted its price target to $5.20 from $4.80, while keeping an Underperform rating. BofA increased its 2025 and 2026 EBITDA forecasts by 18% and 11%, respectively, reflecting updated sales and EBITDA margin guidance. These developments highlight the company’s improved financial performance and positive outlook from analysts.
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