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Upturn AI Summary - About
Figs Inc(FIGS)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for FIGS
11/09/2026: FIGS (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Figs Inc is a digital-native apparel company that has built a recognizable brand by providing premium, performance-oriented scrubs to healthcare professionals. Its core strength lies in its strong community engagement and a direct-to-consumer model that bypasses traditional retail channels. The company's primary growth story centers on expanding its product portfolio into lifestyle accessories and pursuing international market opportunities. However, Figs faces significant risks, including intense competition from lower-cost imitators, concentration in the scrub market, and sensitivity to discretionary spending. The stock may suit growth-oriented investors willing to accept volatility, provided they monitor the company's ability to maintain margins and successfully diversify its revenue streams.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company offers growth potential through product expansion, though high-growth multiples have contracted. |
| Momentum investor | Weak fit | Momentum metrics are currently muted; would require a sustained breakout in price action for a stronger fit. |
| Value investor | Mixed fit | Valuation has become more attractive compared to its post-IPO highs, but the stock is not a traditional value play. |
| Dividend investor | Weak fit | Figs does not pay a dividend and remains in a reinvestment phase. |
| Low-risk investor | Weak fit | The stock exhibits high price volatility and sensitivity to discretionary consumer spending. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock experiences significant price swings due to its high-growth branding and sensitivity to market sentiment. |
| Valuation risk | Medium / high | Investors must assess whether current earnings justify the market multiple in a changing macro environment. |
| Competition risk (Direct-to-Consumer apparel) | High | Low barriers to entry in the apparel space enable copycat brands to undercut pricing. |
| Business quality | Medium | Strong brand equity is tempered by the singular nature of its core revenue stream. |
| Dividend income | Low / none | Income investors will find no yield as capital is prioritized for operations. |
| Execution risk | Medium | Successfully expanding into new categories while managing inventory is complex. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Extreme Price Shocks
The stock has experienced exceptionally large and disruptive price movements during the period.
Analysis of Past Performance
Type Stock | Historic Profit -38.95% | Avg. Invested days 30 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 11/09/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.29B USD | Price to earnings Ratio 52.16 | 1Y Target Price 23 |
Price to earnings Ratio 52.16 | 1Y Target Price 23 | ||
Volume (30-day avg) 4.4M shares | Beta 1.06 | 52 Weeks Range 8.87 - 22.46 | Updated Date 11/08/2026 |
52 Weeks Range 8.87 - 22.46 | Updated Date 11/08/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.38 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| DTC Healthcare Apparel | Revenue generated from online sales of scrubs, lab coats, and accessories. | The company acts as a specialized digital retailer that relies on direct customer purchases. |
| International/B2B | Emerging revenue from global markets and institutional or group sales. | Secondary revenue streams that provide diversification outside of domestic DTC retail. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2026-11-05 | When After Market | Estimate 0.07 | Actual 0.1 |
Profitability
Profit Margin 9.67% | Operating Margin (TTM) 11.65% |
Management Effectiveness
Return on Assets (TTM) 7.83% | Return on Equity (TTM) 16.75% |
Valuation
Trailing PE 52.16 | Forward PE 54.35 | Enterprise Value 3.03B | Price to Sales(TTM) 4.39 |
Enterprise Value 3.03B | Price to Sales(TTM) 4.39 | ||
Enterprise Value to Revenue 4.65 | Enterprise Value to EBITDA 41.87 | Shares Outstanding 157.49M | Shares Floating 151.10M |
Shares Outstanding 157.49M | Shares Floating 151.10M | ||
Percent Insiders 4.51 | Percent Institutions 99.88 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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