FIGS · NYSE · STOCK
FIGS (FIGS) Stock Analysis
$15.77
52W $6.96 – $17.48
64/100
$2.64B
42.5
1.07
⚠
Buy rating, but near-term risk/reward is unfavorable
The long-term recommendation is based on the composite investment score. The near-term risk/reward is based on nearby support and resistance levels. These can differ when a strong company trades close to resistance with support further below.
Is FIGS Bullish or Bearish?
Bullish.
Innellis AI committee rates FIGS, Inc. (FIGS) Buy with a composite score of 64/100
, based on 6 analysts with 83% agreement.
Last updated October 10, 2026.
What Would Change This View
- Upgrade to Strong Buy
- Requires a committee score of 75.0 — +11.05 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Watch
- Requires the score to fall below 55.0 — -8.95 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee is genuinely divided. Growth Analyst sees a compelling case — eps growing 686.6% yoy. Portfolio Manager remains cautious — sector concentration is already high (hhi 2796.97). This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- EPS growing 686.6% YoY — Growth
- 4 consecutive earnings beats -- consistent execution — Growth
- Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
- Price structure making higher highs and higher lows — Technical
- MACD histogram positive -- bullish momentum — Technical
- Weekly trend (uptrend) confirms the daily trend -- multi-timeframe agreement — Technical
Bear Case
- P/E of 42.3 is expensive by classic value standards — Value
- Price-to-book of 4.3x prices in significant intangible value — Value
- RSI at 78 is in overbought territory — Technical
- Price trading above the upper Bollinger Band -- stretched — Technical
- Bollinger bandwidth of 24.8% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of October 10, 2026
Overall Committee Score
64/100
Agreement
83%
Analysts
6
Conviction
High
Sector Rank
Top 11%
of 178 Consumer Cyclical peers
Value Analyst
bearish
40
/ 100 · Moderate confidence
Multiples don't clear a genuine value bar here, or cheapness looks justified by weak fundamentals
− P/E of 42.3 is expensive by classic value standards
Growth Analyst
bullish
79
/ 100 · High confidence
Strong, accelerating growth with consistent execution
+ EPS growing 686.6% YoY
Technical Analyst
bullish
61
/ 100 · High confidence
Price action is constructive -- trend and momentum agree
+ Price structure making higher highs and higher lows
− RSI at 78 is in overbought territory
Risk Analyst
bullish
62
/ 100 · Moderate confidence
Risk profile is manageable -- leverage, volatility, and event exposure all look contained
+ Low leverage (debt-to-equity 0.00) -- balance sheet can absorb a shock
− Bollinger bandwidth of 24.8% signals elevated volatility
Macro Analyst
bullish
65
/ 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst
bullish
77
/ 100 · Low confidence
News flow and recent filings/analyst actions are net positive
+ News sentiment is positive (+0.60 across 15 articles, 14d)
Portfolio Manager
bearish
30
/ 100 · Moderate confidence
The existing book itself argues for caution here, independent of how good this specific stock looks
− Sector concentration is already high (HHI 2796.97)
Investment Thesis Evolution
Committee score moved marginally from 63.8 to 64.0.
- New bearish signals: 3 appeared.
- Bullish support removed: 1 signal(s) disappeared.
- New bullish signals: 1 appeared.
- Bearish pressure eased: 3 signal(s) disappeared.
Analyst-level changes:
- News Analyst: +1 bullish signal(s).
- Risk Analyst: +1 bearish signal(s).
- Technical Analyst: +1 bearish signal(s).
- Value Analyst: +1 bearish signal(s).
Comparing 2026-10-09 to 2026-10-10 (1 day apart).
Technical Analysis
RSI (14)
77.7
Overbought
MACD Histogram
0.225
Bullish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Mixed
Support
$13.24
Resistance
$16.28
Bollinger %B
1.14
Above Upper Band
Price vs Moving Averages
EMA 9
$14.36
Above
EMA 21
$13.94
Above
EMA 50
$13.49
Above
EMA 200
$12.20
Above
Fundamental Analysis
Valuation
44
Growth
94
Profitability
60
Financial Health
100
Cash Flow
70
Valuation
P/E Ratio
42.5×
P/B Ratio
5.94×
PEG Ratio
0.06
Dividend Yield
0.00%
52W High
$17.48
52W Low
$6.96
Quality & Growth
ROE
782.9%
ROA
590.5%
Gross Margin
6842.6%
Operating Margin
960.3%
Revenue Growth YoY
—
Debt / Equity
0.13
AI Fundamental Assessment
P/E ratio of 42.5 (rich relative to a 15-40x range); Price-to-book of 5.9x; PEG ratio of 0.1 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 7.8%; Return on assets of 5.9%; Net margin of 8.7%; Gross margin of 68.4%; Current ratio of 4.96 (healthy short-term liquidity); Debt-to-equity of 0.13; Free cash flow per share is positive (0.58); Most recent quarter beat estimates by 59.7%; 4 consecutive earnings beats; EPS growth accelerating (-70.0% -> +266.7% QoQ); Analyst estimates rising over recent quarters
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