Expert Outlook: FIGS Through The Eyes Of 6 Analysts
Portfolio Pulse from Benzinga Insights
In the past three months, FIGS (NYSE:FIGS) has been analyzed by 6 analysts, showing a range of sentiments from bullish to bearish. The average 12-month price target for FIGS is now $5.93, down 22.18% from the previous target, with a high estimate of $11.00 and a low of $4.25. Analysts have adjusted their ratings and price targets, reflecting a cautious outlook on the company's performance. Despite a lower market capitalization and challenges in maximizing ROE, FIGS has shown impressive revenue growth and net margin, outperforming industry averages in the Consumer Discretionary sector.
April 23, 2024 | 4:00 pm
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FIGS has received mixed analyst ratings with a downward revision in the average price target to $5.93, indicating a cautious outlook. However, the company's strong revenue growth and net margin performance highlight its potential resilience.
The mixed analyst ratings and downward revision in price target suggest a cautious short-term outlook for FIGS. However, the company's strong financial performance, particularly in revenue growth and net margin, may mitigate negative sentiment and support its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100