FIGS shares rise 10.01% intraday after hitting 52-week high and exceeding Q3 earnings estimates, with BTIG raising price target to $12.

Figs Inc. surged 10.01% intraday after hitting a 52-week high of $10.27, driven by robust Q3 2025 results and analyst upgrades. The company reported $0.05 earnings per share (exceeding $0.02 estimates) and $151.7 million in revenue (surpassing $142.46 million forecasts), reflecting strong operational execution. BTIG raised its price target to $12 from $10, citing international expansion and improved consistency. Additionally, momentum indicators highlighted FIGS’ 4.76% weekly gain versus a 2.48% industry decline, with Zacks’ Momentum Style Score of "A" underscoring its outperformance. The stock’s 88.63% year-to-date rise and 67.98% gross profit margin further reinforced investor confidence in its healthcare apparel growth narrative.