Why is FIGS Down Today?

FIGS
$13.62
▼ -3.30% ($-0.45)
Last updated: Oct 02, 2026 8:34 PM ET (477 min ago)

About FIGS, Inc.

FIGS Inc is a healthcare apparel company. The Company designs and sells scrubwear and non-scrubwear, such as outerwear, underscrubs, footwear, compression socks, lab coats, loungewear and other apparel. The Company generates maximum revenue from United States. Sales are generated through the Company...

Sector: APPAREL & OTHER FINISHD PRODS OF FABRICS & SIMILAR MATL
Market Cap: $1.11B
Forward P/E: 80.8
52-Week Range: $6.77 - $17.48
Employees: 316

Overall Confidence: 60%

60% Confident

Based on news, social sentiment, options activity, and sector analysis

SYMPATHY 60% Confidence
🎯 Outperforming sector by 3.1%
This stock is significantly underperforming its APPAREL & OTHER FINISHD PRODS OF FABRICS & SIMILAR MATL sector peers, suggesting a stock-specific catalyst.

✅ Move Confirmation

LOW VOLUME 0.3x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

APPAREL & OTHER FINISHD PRODS OF FABRICS & SIMILAR MATL sector: -0.2%

FIGS is outperforming its sector by -3.1%. This suggests a stock-specific catalyst.

Market Comparison

FIGS is significantly underperforming the market (-4.0% vs SPY)
S&P 500
SPY
+0.74%
Nasdaq 100
QQQ
+1.02%
FIGS
This Stock
-3.30%
vs S&P 500: -4.04%
vs Nasdaq: -4.32%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, FIGS is expected to trade between:
$13.21 - $13.89

Key Level to Watch

$12.93 support
Watch for breakdown below $13.62

🔔 Get FIGS Alerts

We'll notify you when FIGS's trend changes or a new signal fires.

Last updated: Oct 02, 2026 8:34 PM (477 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Bullish
Options Sentiment
0.12
Put/Call Ratio
89.0%
Implied Volatility
Call Volume: 13,858
Put Volume: 1,700
Total: 15,558
Unusual Activity: $12.5 CALL (4,310 vol) $12.5 CALL (3,436 vol) $15 CALL (1,038 vol)

Historical Context

FIGS has moved more than 3.0% down on 35 occasions in the past year.

48.6%
Continuation Rate
17/35 times continued down
-0.16%
Avg Next Day Change
After similar down moves
Last similar move: Sep 23, 2026 (-7.6%) → Next day: +4.3%

Frequently Asked Questions

Why is FIGS stock down today?

This stock is significantly underperforming its APPAREL & OTHER FINISHD PRODS OF FABRICS & SIMILAR MATL sector peers, suggesting a stock-specific catalyst.

Is FIGS stock a buy or sell right now?

Based on current analysis, FIGS shows 60% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the FIGS stock price target?

FIGS is currently trading at $13.62. Based on today's momentum, the expected short-term range is $13.21 - $13.89. See long-term price prediction →

Will FIGS stock continue falling?

Our analysis shows a 45% probability that FIGS's move continues in the next 1-3 days. Key level to watch: $12.93 (support).

Is FIGS stock oversold or overbought?

FIGS's RSI (Relative Strength Index) is currently at 50.1. This shows bullish momentum - the stock has positive momentum but isn't overextended yet.

What is the momentum for FIGS stock?

FIGS's 10-day momentum indicator is at 0.46. Positive momentum - the stock has mild upward pressure supporting the current trend.

Is FIGS outperforming or underperforming the market?

FIGS (-3.30%) is currently significantly underperforming the market (-4.0% vs SPY). Today, the S&P 500 (SPY) is up 0.74%, and Nasdaq (QQQ) is up 1.02%.

What does MACD indicate for FIGS?

FIGS's MACD (0.02) is currently above the signal line (-0.04), indicating a bullish trend. This technical signal suggests buying pressure is dominant. The trend strength (ADX: 18.5) is weak.

Is FIGS in an uptrend or downtrend?

Based on moving average analysis, FIGS is in a mixed/transitional trend. The price and moving averages are not clearly aligned, suggesting a potential trend change or consolidation phase. 20-day SMA: $13.35, 50-day SMA: $13.36.

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