is FIG IPO a good buy today

The decision to buy FIGS stock today depends on your investment goals, risk tolerance, and analysis of the company's fundamentals. Here's a comprehensive analysis to help you make an informed decision: 1. **Current Price and Recent Performance**: - The last price for FIGS is $6.59, representing a 1.2% decrease. - The stock has experienced a 5.8% increase on July 23, 2025, indicating a recent positive momentum. 2. **Analyst Ratings and Price Targets**: - The consensus rating for FIGS is "Neutral" with an average current price target of $4.9, suggesting limited upside potential according to analysts. - Telsey Advisory Group has a $6.00 target, which is slightly below the current price, indicating a cautious outlook. 3. **Financial Performance and Growth Prospects**: - FIGS reported a net loss of $102,000 and a diluted EPS of $0 for Q1 2025. - The company has a negative net income growth rate of -107.11% and a diluted EPS growth rate of -100%, indicating significant deterioration in profitability. - Despite the negative financials, FIGS has a positive revenue growth rate of 4.7%, which could be a slight positive for investors looking for growth potential. 4. **Valuation Metrics**: - FIGS has a high P/E ratio of 905.5, indicating that the stock is overvalued relative to its earnings. - The P/S ratio of 1.91 suggests that the market is currently valuing the company at a premium to its sales. - The P/B ratio of 2.81 indicates that the stock is trading at a premium to its book value, which could be a concern for value investors. |code|Ticker|Name|Date|Net Income YoY|Total Revenue YoY|Diluted EPS YoY|market_code| |---|---|---|---|---|---|---|---| |FIGS|FIGS.N|FIGS|2024 Q2|-75.99301615015277|4.410998175658066|-50|169| |FIGS|FIGS.N|FIGS|2024 Q3|-127.6602668402213|-1.513725380011801|-133.33333333333334|169| |FIGS|FIGS.N|FIGS|2024 Q4|-81.15|4.770973930084599||169| |FIGS|FIGS.N|FIGS|2025 Q1|-107.10801393728222|4.701030236476575|-100|169| |code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code| |---|---|---|---|---|---|---| |FIGS|FIGS.N|FIGS|2024 Q2|4.410998175658066|1.44225E8|169| |FIGS|FIGS.N|FIGS|2024 Q3|-1.513725380011801|1.40209E8|169| |FIGS|FIGS.N|FIGS|2024 Q4|4.770973930084599|1.51832E8|169| |FIGS|FIGS.N|FIGS|2025 Q1|4.701030236476575|1.24901E8|169| |code|Ticker|Name|Date|Net Income YoY|Net Income|market_code| |---|---|---|---|---|---|---| |FIGS|FIGS.N|FIGS|2024 Q2|-75.99301615015277|1100000|169| |FIGS|FIGS.N|FIGS|2024 Q3|-127.6602668402213|-1700000|169| |FIGS|FIGS.N|FIGS|2024 Q4|-81.15|1885000|169| |FIGS|FIGS.N|FIGS|2025 Q1|-107.10801393728222|-102000|169| |code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code| |---|---|---|---|---|---|---| |FIGS|FIGS.N|FIGS|2024 Q2|-50|0.01|169| |FIGS|FIGS.N|FIGS|2024 Q3|-133.33333333333334|-0.01|169| |FIGS|FIGS.N|FIGS|2025 Q1|-100|0|169| |code|Ticker|Name|Date|P/E(TTM)|P/S|Price to Book Ratio|market_code| |---|---|---|---|---|---|---|---| |FIGS|FIGS.N|FIGS|20240731|50.110156|2.1072401202194917|2.8380451798653414|169| |FIGS|FIGS.N|FIGS|20240801|49.724694|2.091030580833188|2.816214063097147|169| |FIGS|FIGS.N|FIGS|20240802|46.332621|1.9483866342337146|2.624100235537031|169| |FIGS|FIGS.N|FIGS|20240805|44.559493|1.8738227530567173|2.5236770984033345|169| |FIGS|FIGS.N|FIGS|20240806|43.711475|1.838161766406849|2.4756486415133057|169| |FIGS|FIGS.N|FIGS|20240807|42.632179|1.7927750561251983|2.41452151456236|169| |FIGS|FIGS.N|FIGS|20240808|44.096937|1.8543713057931526|2.4329307215991833|169| |FIGS|FIGS.N|FIGS|20240809|37.929534|1.5950186756122922|2.092660690606291|169| |FIGS|FIGS.N|FIGS|20240812|37.312793|1.5690834125942061|2.058633687507001|169| |FIGS|FIGS.N|FIGS|20240813|37.466978|1.5755672283487276|2.067140438281824|169| 5. **Market Sentiment and Recent News**: - FIGS has been rated "Market Perform" by Telsey Advisory Group, with a target price of $6.00, which is below the current price. - Despite mixed financial results, FIGS has plans for growth, including international expansion and new store openings. - The company's resilience and long-term growth potential are supported by customer growth, strong selling, and record average order values. 6. **Conclusion and Recommendation**: - Given the high P/E ratio, negative net income, and lack of significant earnings growth, FIGS may not be an attractive buy for investors looking for strong earnings growth or value investments. - However, the recent positive momentum, international growth, and strategic investments could make FIGS a suitable buy for investors with a longer time horizon and a focus on growth potential. - It's important to consider your individual investment goals and risk tolerance before making a decision. If you are a long-term investor and believe in FIGS's growth potential, the current price could be a good entry point. Conversely, if you are a value investor or require immediate earnings, FIGS may not be an ideal choice.