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FIGS Inc has a consensus price target of $14.6 based on the ratings of 18 analysts. The high is $36 issued by Piper Sandler on March 9, 2022. The low is $4 issued by Barclays on November 12, 2024. The 3 most-recent analyst ratings were released by Telsey Advisory Group, Barclays, and Telsey Advisory Group on November 13, 2024, November 12, 2024, and November 4, 2024, respectively. With an average price target of $6 between Telsey Advisory Group, Barclays, and Telsey Advisory Group, there's an implied 26.85% upside for FIGS Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for FIGS (NYSE:FIGS) was reported by Telsey Advisory Group on November 13, 2024. The analyst firm set a price target for $7.00 expecting FIGS to rise to within 12 months (a possible 47.99% upside). 18 analyst firms have reported ratings in the last year.
The latest analyst rating for FIGS (NYSE:FIGS) was provided by Telsey Advisory Group, and FIGS maintained their market perform rating.
The last upgrade for FIGS Inc happened on January 24, 2024 when Barclays raised their price target to $7. Barclays previously had an underweight for FIGS Inc.
The last downgrade for FIGS Inc happened on April 2, 2024 when B of A Securities changed their price target from $8.5 to $4.5 for FIGS Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of FIGS, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for FIGS was filed on November 13, 2024 so you should expect the next rating to be made available sometime around November 13, 2025.
While ratings are subjective and will change, the latest FIGS (FIGS) rating was a maintained with a price target of $7.00 to $7.00. The current price FIGS (FIGS) is trading at is $4.73, which is out of the analyst’s predicted range.
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