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FIGS ( (FIGS) ) has shared an update.
On December 9, 2025, FIGS, Inc. announced a First Amendment to its office lease, relocating its headquarters to a new office space on the fourth floor of the same building in Santa Monica, California. This move consolidates their office space and is expected to result in cost savings. The lease term for the new premises is 91 months, with an initial monthly rent of $249,301 and annual increases of 3%. FIGS also has renewal options and a right of first refusal for additional space.
The most recent analyst rating on (FIGS) stock is a Buy with a $15.00 price target. To see the full list of analyst forecasts on FIGS stock, see the FIGS Stock Forecast page.
Spark’s Take on FIGS Stock
According to Spark, TipRanks’ AI Analyst, FIGS is a Outperform.
FIGS’ overall stock score is driven by strong technical indicators and positive earnings call outcomes, indicating robust growth and operational efficiency. However, high valuation and cash flow challenges pose risks.
To see Spark’s full report on FIGS stock, click here.
More about FIGS
Average Trading Volume: 2,349,537
Technical Sentiment Signal: Buy
Current Market Cap: $1.97B
Learn more about FIGS stock on TipRanks’ Stock Analysis page.