Should I buy, hold, or sell FIGS stock right now?

FIGS Inc. (FIGS) currently earns a Roarable Rating of C+ (Hold — HOLD) with 66/100 RQD Confidence. Solid 67% profit margin (7% return on capital), mixed timing at 104x P/E—hold if owned, no rush to chase.

What is FIGS's 12-month price target and RQD AI Jury consensus?

FIGS's 12-month base price target is $22.06 (range $17.21 to $26.03), backed by transparent SEC XBRL cash-flow, Form 4 insider, and CBOE options flow analysis.

Stock Ratings / Consumer Discretionary / FIGS

ZGN (57) COLM (70) UAA (27) CPRI (50) ⌘ Pro Terminal →

FIGS Inc. (FIGS) — RQD Stock Rating Cockpit

$21.29 -0.09% NYSE • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $21.25

FIGS Inc. (FIGS) carries a Roarable Rating of C+ (Hold) with 66/100 RQD Confidence. The composite score sits in the neutral Hold band (59–69), meaning current holders don’t need to panic-sell while prospective buyers can wait for a move into the 70+ Buy zone.

ROARABLE C+ • HOLD / WATCH Cap $3.54B

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on FIGS Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is FIGS stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

▼

As of 2026-11-03, FIGS Inc. (NYSE: FIGS) is rated C+ (Hold / HOLD) by Roarable's 5-pillar RQD engine with a composite confidence score of 66/100 at a spot price of $21.29 (-0.09% 1D, market cap $3.54B). Pillar breakdown: Fundamental Cash Engine 11/20, Institutional 13F & Options Flow 17/20, Executive Insider Alignment 16/20, FRED Macro Regime Fit 14/20, and SEC Balance-Sheet Forensics 8/20. Across 1011 tracked Consumer Discretionary issuers, FIGS ranks #219 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does FIGS compare to ZGN and COLM in the Consumer Discretionary sector?

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Within the Consumer Discretionary sector (Apparel), FIGS carries a Roarable C+ (66/100 RQD), trailing P/E of 104.4x, gross margin of 66.5%, and ROIC of 7.3%. By comparison, ZGN (Ermenegildo Zegna N.V.) holds a D+ grade (57/100 RQD, P/E N/A, ROIC —, cap $3.62B) and COLM (Columbia Sportswear Company) posts a B- grade (70/100 RQD, P/E 18.4x, ROIC 9.2%, cap $3.46B). Among the 5-stock peer group, COLM leads on earnings multiple (18.4x) while CPRI leads on capital efficiency (10.4% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for FIGS?

▼

Per FIGS's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001846576), FIGS Inc. generated $631.1M in revenue (+13.6% YoY), $34.3M in net income, and $53.0M in free cash flow against $580.0M in total assets and $64.1M in total debt. Key quantitative strengths: Big institutional funds and options desks are actively positioning on the bullish side.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $21.25 (-0.21%)🧬 Disciplined Float (+1.08% YoY Shares)⚙️ Cash Engine: 11/20 (D+) • 8.4% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record: Scores of 66/100 (C+) historically posted market-perform odds over rolling 90-day windows (+1.4% avg 90D alpha vs SPY • 56.0% hit rate — wait for RQD ≥ 70 breakout).

Audit Bucket Track Record →

RQD QUANT TACHOMETERHOLD / WATCH • C+

JEV AI Jury Split (Battleground)

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw C- · Rk B

Each axis scored 0–20

12M PRICE TARGET CONE+3.6% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for FIGS)Realized 20D OHLCV Swing Band: ±12.1%

Deterministic 5-Pillar Attribution (66/100 Composite)

🔍 WHY FIGS SCORES 66/100 (C+) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Whale & Options Positioning+17/20 pts (26% of score)

20D Institutional Volume Accumulation (±12.1% realized swing band)

▲ #2 Bullish Driver: SEC 10-K Forensic Risk+16/20 pts (24% of score)

Altman Z-Score 17.36 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 9/9

▼ #1 Drag / Risk Factor: Insider Conviction & Share Dilution8/20 pts (-12 pt drag)

Disciplined Float (+1.08% YoY Shares) & executive Form 4 sales trim 12 pts from alignment

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade C$18.63+7.2% Next Q

Q2 (-2Q)

Grade C$19.98+3.4% Next Q

Q3 (-1Q)

Grade C+$20.66+3% Next Q

Current

Grade C+$21.29+1.4% Hist 90D α

Trajectory: C (58) → C+ (66)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER

⚔️ Adversarial Opposing Case: Why the FIGS Bull Thesis Could Fail

Gideon Ashmere Forensic Desk →

Even with a 66/100 (C+) score, FIGS faces multiple-compression risk if 104.4x trailing P/E re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.

⚠️ Forensic Kill-Switch #1

Company executives have done more routine share selling than personal cash buying lately.

⚠️ Forensic Kill-Switch #2

Priced at 104x earnings—high expectations leave less room for a lukewarm quarter.

⚠️ Forensic Kill-Switch #3

Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($16.17) or 200D SMA ($13.59) invalidates the momentum regime and cuts Target Base ($22.06) toward Bear Floor ($17.21).

🎲 LIVE PREDICTION MARKET ODDS TIED TO $FIGS• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “FIGS Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”

YES 66%NO 34%Trade / Inspect Odds →

RSI-14 MOMENTUMOVERBOUGHT (>70)

7430 Oversold · 70 Hot

ALTMAN-Z SHIELDFORTRESS SAFE (>3.0)

17.36>3.0 Fortress Safe

PIOTROSKI F-SCOREHIGH QUALITY (7–9)

9 / 99-Pt Accounting

52-WEEK LASER RANGE93% OF RANGE

L: $7$21.29H: $22

1. Money & Cash Health● MIXED

Are profits real cash in the bank?

Decent core business (67% profit margin), though cash flow growth is moderate rather than explosive right now.

Factor Grade: D+RQD 11 / 20

2. Big Money & Insiders● NEUTRAL

Are whales & executives buying or selling?

Big funds and company insiders are mostly holding steady without aggressive buying or panic selling.

Factor Grade: CRQD 25 / 40

3. Hidden Risks & Market Weather● ALL CLEAR

SEC fine-print scan & interest-rate fit

Clean SEC fine-print check with low hidden accounting risk and favorable interest-rate weather.

Factor Grade: BRQD 30 / 40

MULTI-MODEL JEV QUANT JURY DELIBERATION

JEV AI Jury Split (Battleground) on FIGS

Cash & Moat Bull AI

ROIC & Free Cash Flow Model

NEUTRAL (55)

7.3% ROIC with 66.5% gross margin and 1.48% FCF yield.

SEC Forensic Auditor AI

10-K Accruals & Altman-Z Guard

BULLISH (80)

Altman-Z 17.36 and Piotroski 9/9 pass balance-sheet audit.

Whale & Macro Hawk AI

Options Skew, 13F & Fed NetLiq

NEUTRAL (65)

25/40 institutional & smart-money positioning score with 14/20 macro alignment.

Bull Case: Why Buyers Like FIGS

✓Big institutional funds and options desks are actively positioning on the bullish side.
✓Clean SEC annual filing review with no major hidden accounting time-bombs.

Bear Case: What Could Go Wrong

!Company executives have done more routine share selling than personal cash buying lately.
!Priced at 104x earnings—high expectations leave less room for a lukewarm quarter.

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Quantitative Research Desk

Scheduled RQD Strong Buys & Whale Accumulation Briefing (FIGS Tape Review)

✓Breakdown of the highest-scoring RQD Green-Light breakouts across our 5,200+ rated universe
✓Forensic Red-Light accounting & dilution traps to review on your watchlist
✓Includes downloadable .ics calendar invite & nightly RQD rating-change email alerts

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

Want Custom AI PineScript / Python Indicators & Priority Rating-Change Alerts?

Join Founding VIP Waitlist (No Card Required) →$100K Arena

FIGS // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +52.40%▲ ASCENDING CHANNEL

2026-11-03O $21.56H $21.56L $21.29C $21.29VOL 2.74M

RES: $22.72SUP: $13.55SMA50: $16.17SMA200: $13.59

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

FIGS Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 FIGS Butterfly Map → + Track FIGS →

Share Count & Dilution Monitor

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle

48.0%/yr Implied 5Y Growth

vs. +13.6% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger

No active Ellis Vennor swing setup published on FIGS today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for FIGS. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for FIGS today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (FIGS)

Consumer Discretionary Rank #219 of 1011 ⚔️ ZGN vs FIGS Full Matrix →

1. Head-to-Head Consumer Discretionary Peer Comparison (FIGS vs. ZGN, COLM, UAA, CPRI)

Industry: Apparel (27 Tracked Issuers)

Across 1011 tracked Consumer Discretionary securities in the Roarable RQD universe, FIGS Inc. (FIGS) ranks #219 by composite RQD confidence (66/100, grade C+) and #333 by equity capitalization ($3.54B). Within this direct 5-issuer industry benchmark cohort, COLM leads on earnings valuation at 18.4x trailing P/E, while CPRI leads on capital efficiency and profitability with 10.4% ROIC and 62.3% gross margin. COLM currently holds the highest overall quantitative score in the immediate peer group at 70/100 (B-) compared with FIGS at 66/100 (C+).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
FIGS ACTIVE FIGS Inc.	C+	66/100	104.4x	66.5%	7.3%	-0.09%	$3.54B	Benchmark Subject
ZGN Ermenegildo Zegna N.V.	D+	57/100	—	—	—	+4.00%	$3.62B	/zgn-vs-figs →
COLM Columbia Sportswear Company	B-	70/100	18.4x	50.5%	9.2%	+5.30%	$3.46B	/colm-vs-figs →
UAA Under Armour Inc. (Class A)	E	27/100	—	45.5%	-9.5%	+5.01%	$2.14B	/uaa-vs-figs →
CPRI Capri Holdings Limited	D	50/100	23.1x	62.3%	10.4%	+7.33%	$2.12B	/cpri-vs-figs →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001846576

In its most recent audited fiscal period (FY2025, filed 2025-12-31), FIGS Inc. (FIGS) reported GAAP revenue of $631.1M (+13.6% vs. FY2024 revenue of $555.6M , and +15.7% cumulative change since FY2023) , GAAP net income of $34.3M, operating cash flow of $61.2M, and free cash flow of $53.0M (-17.4% YoY). On the balance sheet, FIGS closed FY2025 with $580.0M in total assets against $64.1M in total debt (Altman Z-Score: 17.36, Piotroski F-Score: 9/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$631.1M	$34.3M	$61.2M	$53.0M	$580.0M	$64.1M
FY2024 (FY)	2024-12-31	$555.6M	$2.7M	$81.2M	$64.1M	$509.8M	$59.7M
FY2023 (FY)	2023-12-31	$545.6M	$22.6M	$100.9M	$76.4M	$1.97B	$461.0M

3. FIGS Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is FIGS stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does FIGS compare to ZGN and COLM in the Consumer Discretionary sector?

What are the biggest fundamental strengths and SEC risk factors for FIGS?

Where is FIGS trading relative to its 50-day, 200-day, and 52-week technical levels?

FIGS last traded at $21.29 (-0.09% on volume of 3,579,630 shares), positioning the stock +31.66% above its 50-day simple moving average ($16.17) and +56.66% above its 200-day simple moving average ($13.59). Across its 52-week range of $7.21 to $22.31, FIGS sits at the 93.2% percentile with a 14-day RSI of 74.0 (OVERBOUGHT (>70)) and an implied next-earnings move of ±12.1% ($18.71 to $23.87).

Direct Sub-Reports: FIGS RQD Cockpit FIGS 12M Forecast FIGS Earnings & Move FIGS Dividends & DRIP FIGS Insiders & 13F FIGS Whale Options FIGS Profit Sankey FIGS News & Why

ROARABLE RATING BRIEF • RQD 66/100 (C+) ✓ SEC XBRL & RQD VERIFIED

FIGS — FIGS Inc.: What the Facts Mean to a Prospective Investor

Methodology: RQD v6.2 Deterministic 5-Pillar & SEC XBRL Audit

Updated: 2025-12-31

1. Roarable Rating Brief: What This Means to a Prospective Investor

FIGS Inc. (FIGS) earns a live Roarable RQD composite score of 66/100, corresponding to a C+ letter grade (Roarable Hold) at a spot price of $21.29 (-0.09% 1D, market capitalization $3.54B).

Fundamental Cash Engine (11/20): Anchored by return on invested capital (ROIC) of 7.3%, gross margin of 66.5%, operating margin of 6.0%, and free cash flow yield of 1.48%.
Whale 13F & Options Flow (17/20) + Insider Conviction (16/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
Macro Regime Fit (14/20) + Forensic Balance Sheet (8/20): Incorporates a 0.99x equity beta, Altman Z-Score of 17.36, Piotroski F-Score of 9/9, and Debt/Equity of 0.14x.

2. Business Model, Unit Margins & SEC Financial Trajectory

FIGS Inc. Is a NYSE-listed issuer in the Consumer Discretionary sector and Apparel industry. Per the market data, gross margin is 66.5%, operating margin is 6%, and net margin is 5.4%, which indicates a high-gross-margin apparel profile in the reported figures.

In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2025-12-31), FIGS Inc. (FIGS) reported $631.1M in annual revenue (up from $555.6M in FY2024, +13.6% YoY) and $34.3M in GAAP net income. Over the multi-year SEC filing window from FY2023 ($545.6M revenue, $22.6M net income) through FY2025, FIGS scaled operating cash flow to $61.2M and free cash flow to $53.0M, backed by $580.0M in total assets against $64.1M in total debt.

3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff

🐂 Primary Bull Case (C+ • RQD 66/100): Big institutional funds and options desks are actively positioning on the bullish side. Clean SEC annual filing review with no major hidden accounting time-bombs. With Fundamental Cash Engine at 11/20 and Institutional Whale Flow at 17/20, sustained execution supports upside toward the upper end of the $7.21 – $22.31 52-week range.
🐻 Primary Bear Case & Valuation Risk: Company executives have done more routine share selling than personal cash buying lately. Investors must weigh 104.4x trailing P/E and 79.0x EV/EBITDA against 6.0% operating margins and a 0.99x macro beta.

4. 2nd-Order Butterfly Ripples & Key Questions to Watch

Upstream suppliers, downstream customers, and sector correlations beyond the Consumer Discretionary and Apparel classification are — Investors should note that second-order ripple analysis cannot be performed from the provided sources. The one observable sector-linked data point is Beta of 0.99, which per the market data suggests price movement roughly in line with the broader market, but this is a single statistic and does not establish sector correlation.

Key Question #1: Can FIGS sustain or expand its 6.0% operating margin and 7.3% ROIC against Apparel peers over the next 4 quarters?
Key Question #2: Following FY2025 revenue of $631.1M and free cash flow of $53.0M, how will capital allocation balance growth reinvestment against $64.1M in total debt?
Key Question #3: How sensitive is FIGS's 87.7x forward P/E multiple to Consumer Discretionary capital spending cycles and macro interest-rate shifts (Beta 0.99x)?

FIGS Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for FIGS Inc. (FIGS) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to FIGS Debate Forum (3) ↓

🟢 CATALYST Yahoo Finance • 20h ago

Figs (FIGS) Soars 6.5%: Is Further Upside Left in the Stock?

Yahoo Finance report covering FIGS Inc. (FIGS) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Investor's Business Daily • 23h ago

The No. 1 Apparel Stock Just Raced Past A Buy Point

Investor's Business Daily report covering FIGS Inc. (FIGS) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Investing.com • 1d ago

Why is Figs stock surging today?

Investing.com report covering FIGS Inc. (FIGS) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST Seeking Alpha • 1d ago

FIGS Inc.: Even After 150% Share Price Growth, The Stock Can Further Re-Rate

Seeking Alpha report covering FIGS Inc. (FIGS) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST StreetInsider • 1d ago

Figs shares jump after Q2 earnings review

StreetInsider report covering FIGS Inc. (FIGS) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo Finance • 1d ago

FIGS (FIGS) Stock Looks Priced For Perfection After A 204% Run

Yahoo Finance report covering FIGS Inc. (FIGS) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE GuruFocus • 1d ago

FIGS Inc (FIGS) Stock Up 5.3% but GF Value Says Overvalued -- GF Score: 77/100

GuruFocus report covering FIGS Inc. (FIGS) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo! Finance Canada • 1d ago

FIGS, Inc. (FIGS) Stock Price, News, Quote & History

Yahoo! Finance Canada report covering FIGS Inc. (FIGS) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

FIGS Bull vs. Bear Conversation Board — What's Your Call at $21.29?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON FIGS 🐻 33% BEARISH CONVICTION

QU QuantViper RQD DEBATE OPENER • Systematic Momentum Desk 🐂 BULLISH 🎯 Target: $27.70 (+30.0%)

📌 Pinned Debate

Institutional whale 13F flow scores 17 of 20 and the forensic balance sheet scores 16 of 20 with Piotroski F 9/9 and Debt/Equity 0.14.

Here is why I am bullish on FIGS here at $21.31: Institutional whale 13F flow scores 17 of 20 and the forensic balance sheet scores 16 of 20 with Piotroski F 9/9 and Debt/Equity 0.14.. Compare FIGS's 6.0% operating margin and 7.3% ROIC against the rest of Apparel. As long as cash conversion holds up, dips toward $20.24 are getting bought.

VolSurface_Trader 🐂 BULL

@BearTrap_Alert Shorting a 17/20 institutional whale-flow stock at $21.31 is dangerous when funds are rotating into Consumer Discretionary.

BE BearTrap_Alert RQD DEBATE OPENER • Cycle Peak Watcher 🐻 BEARISH 🎯 Target: $17.05 (-20.0%)

Spot @ $21.31

Valuation at a P/E (TTM) of 104.4 and an FCF yield of 1.48% leaves the stock priced well ahead of current cash generation.

Valuation at a P/E (TTM) of 104.4 and an FCF yield of 1.48% leaves the stock priced well ahead of current cash generation.. Look at the math on FIGS: paying 104.4x trailing P/E for 7.3% ROIC and 6.0% operating margins leaves zero margin of safety if Apparel demand softens. I'd wait for a retest of $18.75 before getting long.