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Why FIGS Stock slipped -0.09% Today — RQD Quant Desk Flash

$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
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🤖 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?
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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, SEC Balance-Sheet Forensics 16/20, FRED Macro Regime Fit 14/20, and Executive Insider Alignment 8/20. Across 1009 tracked Consumer Discretionary issuers, FIGS ranks #217 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?
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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+
025507510066
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
Cash (11)Whales (17)SEC (16)Macro (14)CEO (8)
Each axis scored 0–20
12M PRICE TARGET CONE+3.6% Base Target
$26 Bull$22 Base$17 Bear
📬 FREE FIGS RATING-CHANGE & BRIEFING ALERTSManage / Unsubscribe
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)
58
Grade C$18.63+7.2% Next Q
Q2 (-2Q)
61
Grade C$19.98+3.4% Next Q
Q3 (-1Q)
63
Grade C+$20.66+3% Next Q
Current
66
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”
AUTOMATED RQD QUANT DESK MOVER BRIEFINGFull Market News Desk →

Why FIGS Stock slipped -0.09% Today — RQD Quant Desk Flash

FIGS Inc. (FIGS) slipped -0.09% to $21.29, trading at 93% of its 52-week range ($7.21 – $22.31). Solid 66.5% gross margin (7% return on capital), mixed timing at 104x P/E—hold if owned, no rush to chase.

  • ▸Technical Tape: Trading at 93% of its 52-week range ($7.21 – $22.31) with RSI-14 at 74 (OVERBOUGHT (>70)).
  • ▸Volatility Profile: Historical 20-day realized swing band of ±12.1% around $21.29 (no active unusual options sweep snapshot on file).
  • ▸Fundamental Anchor: Roarable C+ (Hold) backed by 66.5% gross margin and $53.0M annual free cash flow.
Live FIGS Headlines & Catalysts
MARKET WIREInvesting.com • 1d ago
Why is Figs stock surging today?

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

CATALYSTYahoo • 3d ago
Analyst Upgrade Could Be A Game Changer For FIGS Stock (FIGS)

FIGS is preparing to report third quarter 2026 results, with Wall Street expecting higher earnings supported by stronger revenue from its healthcare apparel and lifestyle offering. Analysts are watching how FIGS converts

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?
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
$23.23$19.42$15.61$11.80$7.99RES $22.72SUP $13.55$21.292026-05-042026-06-182026-08-052026-09-212026-11-03
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

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

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 #217 of 1009 ⚔️ 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 1009 tracked Consumer Discretionary securities in the Roarable RQD universe, FIGS Inc. (FIGS) ranks #217 by composite RQD confidence (66/100, grade C+) and #331 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?

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, SEC Balance-Sheet Forensics 16/20, FRED Macro Regime Fit 14/20, and Executive Insider Alignment 8/20. Across 1009 tracked Consumer Discretionary issuers, FIGS ranks #217 in composite RQD confidence.

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

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).

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.

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).

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 (8/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
  • Macro Regime Fit (14/20) + Forensic Balance Sheet (16/20): 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) ↓
🔥 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
1. Pick Your Side on FIGS:
💡 Tip: Back up your call with a price target or RQD metric to get upvoted to the top.
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.

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