FIGS (FIGS) Stock Price

Financial Performance

FIGS has shown a strong financial performance with an impressive increase in revenue, gross profit, and operating income. The revenue of $151.8M represents a growth of 27.3% YoY and 8.3% QoQ which indicates a steady upward trend. Similarly, the gross profit of $102.2M is up by 25.7% YoY and 8.7% QoQ suggesting good cost management and profitability potential for the company.

The operating income profit has seen an extraordinary growth rate of over 1900%, indicating that FIGS is not only increasing its sales but also efficiently managing its operational costs to improve profits.

The EBITDA ratio stands at a healthy level of 0.06, further reinforcing the idea that FIGS's operations are profitable.

Stock Price

Despite the strong financial performance, FIGS's stock price hasn't performed well in the recent past with a decrease of -12.7% over last month and -17.9% over last year to currently trade at $4.04.The RSI value at around mid-level suggests neither overbought nor oversold conditions while the stock trading below its 200-day moving average may suggest bearish sentiments among investors.

Alternative Data Signals

The alternative data shows mixed signals for FIGS's stock performance outlook: On one hand, web traffic has increased significantly MoM (38%) and YoY (7%), indicating growing interest or engagement from consumers or investors alike; job openings have more than doubled YoY showing expansion plans; social media followership especially on platforms like Instagram and TikTok have seen substantial increases suggesting successful marketing efforts.On the other hand, the slight decrease in positive business outlook among employees and a small decline in Twitter followers may be areas of concern.

Conclusion

In conclusion, despite the recent dip in stock price, FIGS's strong financial performance along with some positive alternative data signals suggest potential for future growth. However, investor sentiment as indicated by the stock price trend and certain negative alternative data signals should be monitored closely.

Note: This AI Stock Analysis is based on data as of April 26. Our members can refresh and get access to an up-to-date AI stock analysis.

Sign up

Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of FIGS (FIGS), currently trading at $7.03, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.