FIGS FIGS, Inc.

XNYS 19.98 Delayed
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Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

FIGS $19.98 —
Key stats
$19.98
Pre-market $19.80 -0.90%
52-Week Range
$7.21 – $20.46
YTD
+75.42%
IV Rank (30D)
82.32
Straddle Price
$4.08
P/C Vol Ratio
0.27
Market Cap
$3.3B
Open
$19.90
Day Range
$19.60 – $20.46
Volume
3,954,537
Prev Close
$19.86
Fair Value
MODEL: NEUTRAL

A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.

  • DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
  • Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
  • DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
  • P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
  • Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
  • Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
  • Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
  • Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
10-yr Treasury (rf)5.15%
Beta vs SPY1.20
Cost of Equity (CAPM)11.73% (VRP-adj)
WACC11.76%
Volatility Risk Premium+77.4pp (IV − HV30), ERP adj +50bps
Effective Tax Rate19.2%
Rev. Growth (YoY, DCF input)+29.6%
DCF Horizon10 years explicit + fade
Forward Tilt (NTM/TTM)×1.10 (applied to P/E, EV/EBITDA, P/S)
Free Cash Flow (TTM)$0.1B
Return on Equity (TTM)14.0%
Book / Price11.8%
Gross Margin (TTM)68.9%
FCF Margin (TTM)13.7%
Debt / Equity0.00
Quality Score3/6 — normal (10y DCF)
Market-Implied Growth+25.0% (reverse-DCF on current price)
SMA 50$14.89 (Market Anchor value)
SMA 20 / Bollinger Mid$16.00
Bollinger Width / SMA20407.3% (drives anchor stability)
Net Debt$-0.1B
Market Cap$4B
Peers used for multiples: AMZN, BABA, CVNA, EBAY, ETSY, SPCX, TSLA, W
60-Day Conviction
29%
20-Day Fair Value
≈ by Nov 20, 2026
$20.30
α +1.6% rank 71%
conviction
81%
40-Day Fair Value
≈ by Dec 21, 2026
$20.14
α +0.8% rank 62%
conviction
24%
60-Day Fair Value
≈ by Jan 19, 2027
$20.14
α +0.8% rank 56%
conviction
29%
MethodImplied PriceWeightDetail
DCF $25.32 26%
DDM (Gordon) n/a 0%
Peer P/E $13.92 8% median 38.3× · 5 peers
Peer EV/EBITDA $11.60 8% median 23.9× · 6 peers
Peer P/B $32.98 8% median 14.0× · 4 peers
Peer P/S $13.43 8% median 3.2× · 6 peers
Market Anchor (SMA50) $14.89 44% stability 85% (BB-width)
Options Expected (B-L 30d) $18.93 0% 9 strikes · skew +0.25
As of 2026-10-22 · updated
About
Industry (SIC)
APPAREL & OTHER FINISHD PRODS OF FABRICS & SIMILAR MATL (2300) · industry map
Exchange
XNYS
Market Cap
$3.3B
Employees
388
List Date
2021-05-27
CIK
0001846576
Next Earnings
2026-11-05 (After-Close)
EPS Forecast
$0.07 (6 est.)
Headquarters
Santa Monica, CA
Homepage
https://www.wearfigs.com

FIGS Inc is a healthcare apparel company. It designs and sells scrubwear and non-scrubwear, such as outerwear, underscrubs, footwear, compression socks, lab coats, loungewear, and other healthcare apparel. The company sells products mainly through its direct-to-consumer (DTC) digital platform, consisting of its website, mobile app, and B2B business (TEAMS). It also operates physical retail stores, which are called Community Hubs, providing a retail experience for healthcare professionals. The company generates maximum revenue from the sale of scrubwear products. Geographically, it derives maxi…

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
'21'22'23'24'25'26Avg
Jan---16.12%23.45%-13.90%-3.40%-5.09%-3.01%
Feb---28.22%-3.36%-11.21%-15.99%39.19%-3.92%
Mar--48.11%-8.43%-4.05%-0.43%-13.73%4.29%
Apr---30.06%10.77%5.36%-10.64%2.33%-4.45%
May13.76%-44.86%13.66%4.54%7.94%-23.64%-4.77%
Jun57.75%6.05%0.98%2.70%29.66%-12.86%14.05%
Jul-20.65%12.69%-8.57%15.45%15.04%5.89%3.31%
Aug13.22%8.24%-13.93%-4.34%13.53%40.99%9.62%
Sep-16.22%-28.76%-5.14%9.79%-0.30%-9.17%-8.30%
Oct-11.34%-15.56%-7.08%-7.41%10.03%41.90%*1.76%
Nov-3.71%9.82%37.24%-16.96%27.97%--10.87%
Dec-10.78%-14.49%-7.33%14.42%5.38%---2.56%
Total2.88%-74.87%22.52%-11.49%95.25%49.32%13.94%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $16.00
SMA 50: $14.89
SMA 200: $13.14
Current: $19.98
EMA 12: $17.96
EMA 26: $16.30
MACD: 1.6603 | Signal: 0.4928
BULLISH
ADX (14): 41.89
STRONG TREND
+DI: 45.70
−DI: 6.87

Momentum Oscillators

RSI (14): 79.48
OVERBOUGHT
Stoch %K: 91.66
Stoch %D: 89.82
Williams %R: -6.58

Volume & Volatility

BB Upper: $21.21
BB Lower: $10.79
NEUTRAL
OBV: 125,931,025
Vol SMA 20: 4,361,642
Vol ROC: -45.50%
ATR: $0.95
True Range: $0.86
HV 20: 56.1%
HV 30: 62.5%
HV 60: 70.5%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis

FIGS Stock Analysis Report

Executive Summary

Overall Assessment: NEUTRAL with confidence level 6/10

FIGS presents a conflicting technical and sentiment picture that warrants cautious observation rather than conviction trading. While the stock trades above all major moving averages with positive sector sentiment, it faces headwinds from bearish momentum signals and concerning options market positioning. The primary drivers are mixed: positive relative sector performance contrasts with deteriorating technical momentum and elevated put positioning. Key risks include potential mean reversion to the $12.78 (200-SMA) support level and the divergence between news sentiment (positive) and options market expectation (bearish).

Investment Thesis: FIGS is in a precarious neutral zone where short-term momentum is fading despite positive sector narratives and adequate technical support. The stock requires a clear directional catalyst to break out of its range-bound regime, with downside risk appearing more probable given the bearish options positioning and MACD deterioration.

Recent News Sentiment Impact: Positive news headlines are present but lack FIGS-specific catalysts. The October 2nd headline highlighting FIGS outpacing retail-wholesale peers is constructive, but the broader retail sector positivity appears to be lifting multiple names simultaneously rather than FIGS-exclusive developments.

Technical Analysis

Trend Direction

Short-term (1-4 weeks): NEUTRAL-TO-BEARISH

  • Price at $13.63 sits above SMA 20 ($13.31) and SMA 50 ($13.44), but the gap is minimal
  • EMA 12 ($13.54) and EMA 26 ($13.52) are nearly converged, indicating momentum exhaustion
  • ADX at 17.24 confirms a range-bound regime with no directional strength

Medium-term (1-3 months): NEUTRAL

  • Stock remains above the critical 50-day ($13.44) and 200-day ($12.78) moving averages
  • The spread between SMA 50 and SMA 200 is only 5.2 cents, suggesting a flat intermediate trend
  • No clear directional bias established over 3-month horizon

Long-term (3-12 months): CONSTRUCTIVE

  • Trading above 200-SMA support ($12.78) provides a technical floor
  • 6.6% distance from the 200-day average suggests room for upside without technical extremes
  • However, lack of ADX strength indicates the longer-term trend is also lacking conviction

Support/Resistance Levels

| Level | Type | Significance | Distance | |-------|------|--------------|----------| | $14.35 | Resistance | Bollinger Band Upper | +5.3% | | $14.00 | Resistance | Psychological/Prior Pivot | +2.7% | | $13.63 | Current | Price | — | | $13.44 | Support | SMA 50 | -1.4% | | $13.31 | Support | SMA 20 / BB Middle | -2.3% | | $12.78 | Support | SMA 200 (Critical) | -6.2% | | $12.28 | Support | Bollinger Band Lower | -9.9% |

Critical Observation: The consolidation between $13.31 and $14.35 represents a 7.9% trading range. A break above $14.35 would signal breakout potential; a close below $13.31 would suggest testing of the SMA 50 at $13.44.

Momentum Signals

RSI (51.18) - NEUTRAL

  • RSI sits squarely in neutral territory (30-70 range), suggesting neither overbought nor oversold conditions
  • No momentum extreme to signal mean reversion
  • RSI lacks directional bias, consistent with the range-bound regime confirmed by ADX

MACD - BEARISH DETERIORATION

  • MACD at 0.02 with Signal Line at 0.05 shows a bearish crossover formation (histogram at -0.03)
  • The histogram turning negative indicates momentum is rolling over despite price stability
  • This is a critical warning signal: price has not confirmed the momentum deterioration yet, creating a bearish divergence
  • The convergence of EMA 12 and EMA 26 (both at ~$13.53) supports this momentum weakness

Stochastic Oscillators - OVERBOUGHT WARNING

  • Stochastic %K at 75.23 and %D at 79.90 both exceed 70, indicating overbought conditions
  • This suggests mean reversion pressure in the short-term
  • Williams %R at -29.18 (closer to 0 = overbought) aligns with stochastic warning
  • Combined, these oscillators suggest the stock has extended into overbought territory on a near-term basis

Bollinger Bands - NEUTRAL WITH SQUEEZE POTENTIAL

  • Price at $13.63 sits between middle ($13.31) and upper band ($14.35)
  • Band width at 15.55% indicates moderate compression—not a major squeeze but tightening
  • Neutral positioning suggests potential for movement in either direction once squeeze releases

Volume Analysis

Volume Trends - CONCERNING DIVERGENCE

  • Volume Rate of Change at +32.87% indicates elevated trading volume relative to recent average
  • Volume SMA 20 at 2,736,796 suggests volume is 32.87% above this baseline
  • Critical Issue: Elevated volume paired with negative MACD histogram and overbought stochastics typically signals institutional distribution (selling into strength)
  • This volume pattern supports the bearish momentum divergence—volume may be accompanying profit-taking rather than fresh buying

On-Balance Volume (OBV): 76,479,286

  • OBV is elevated but without trending context; requires comparison to prior periods
  • Elevated OBV combined with weak MACD suggests distribution phase

News & Sentiment Analysis

Recent Headlines Summary

The recent news flow is notably positive but not FIGS-specific:

  1. FIGS-Focused (Oct 2): "FIGS outpacing retail-wholesale peers"—directly constructive for the stock
  2. Sector Broad: American Eagle (Oct 1), Abercrombie & Fitch (Oct 1), Victoria's Secret (Sept 22), Five Below (Sept 22) all receiving positive coverage
  3. Recognition Piece: FIGS mentioned in Zacks' "Beat the Market" focus list (Sept 14)—qualitative positive but not a fundamental catalyst

Key Observation: The October 2nd headline directly precedes this analysis. If major volume moves occurred on Oct 1-2, the timing aligns with the positive FIGS headline. However, the article appears to be a comparative analysis ("outpacing peers") rather than announcing new business developments.

Sentiment Assessment

Aggregate News Sentiment: POSITIVE (70-75% confidence)

  • 6/6 recent headlines with positive sentiment
  • No negative news in the recent period
  • Sector rotation into retail appears constructive

Critical Caveat: Positive sentiment is general sector bullishness, not FIGS-specific catalysts. The positivity may reflect:

  • Seasonal retail strength expectations
  • Broader market sentiment recovery
  • Multiple retail plays benefiting equally

Catalyst Identification

Immediate Catalysts (1-7 days):

  • None identified. No earnings dates provided.
  • No FDA approvals, regulatory decisions, or product launches noted.

Near-term Catalysts (1-4 weeks):

  • MISSING EARNINGS DATE - A significant data gap. Without earnings timing, major catalysts are unknown
  • Potential upcoming earnings announcements (quarter-end typically Sept 30 for many retailers)

Medium-term Catalysts (1-3 months):

  • Q3/Q4 earnings announcements and guidance (likely late October/early November)
  • Holiday season retail performance expectations
  • Holiday promotional strategy (critical for apparel/uniforms sector)

Market Narrative Assessment

Divergence Identified: News sentiment (positive) contradicts technical momentum (deteriorating).

  • News supports: Sector strength, FIGS competitive positioning, growth narrative
  • Technicals warn: MACD bearish crossover, overbought stochastics, momentum exhaustion, elevated volume on deteriorating momentum

Interpretation: The positive news may have driven the stock up recently (supporting the +32.87% volume spike), but technical momentum is already rolling over. This suggests:

  1. Recent price strength may be near-term exhaustion rather than the start of a new leg up
  2. Options market positioning (see below) is betting on weakness ahead
  3. A pullback to test $13.31-$13
Generated
News
All FIGS news →
Earnings History
12 of 22 under expected move
Avg Expected Move
18.69%
Avg Actual Move
14.09%
Each row pairs the pre-earnings straddle-implied expected move with the realized close-to-close move. Sorted oldest first.
Earnings Date Timing Expected Move Actual Move Ratio Outcome
2021-08-12 After-Close 15.71% 0.76% 0.05x Within
2021-11-10 After-Close 18.21% 12.52% 0.69x Within
2022-01-10 After-Close 10.39% 2.67% 0.26x Within
2022-03-08 After-Close 20.01% 23.15% 1.16x Exceeded
2022-05-12 After-Close 19.53% 24.98% 1.28x Exceeded
2022-08-04 After-Close 17.93% 6.88% 0.38x Within
2022-11-10 After-Close 25.88% 5.18% 0.20x Within
2023-02-28 After-Close 20.85% 26.60% 1.28x Exceeded
2023-05-04 After-Close 18.18% 11.11% 0.61x Within
2023-08-03 After-Close 17.24% 0.85% 0.05x Within
2023-11-02 After-Close 20.64% 21.17% 1.03x Exceeded
2024-02-28 After-Close 22.06% 13.27% 0.60x Within
2024-05-09 After-Close 15.30% 4.09% 0.27x Within
2024-08-08 After-Close 17.48% 13.99% 0.80x Within
2024-11-07 After-Close 26.99% 28.34% 1.05x Exceeded
2025-02-27 After-Close 17.47% 18.10% 1.04x Exceeded
2025-05-08 After-Close 14.36% 2.57% 0.18x Within
2025-08-07 After-Close 20.61% 5.04% 0.24x Within
2025-11-06 After-Close 13.30% 13.70% 1.03x Exceeded
2026-02-26 After-Close 18.04% 23.90% 1.32x Exceeded
2026-05-07 After-Close 17.89% 24.33% 1.36x Exceeded
2026-08-06 After-Close 23.13% 26.87% 1.16x Exceeded

Earnings calendar: this week’s reports with expected vs actual moves →

FIGS Options Activity & IV Rank

FIGS IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 89.7%
7-DTE IV: —
Expected Move: $4.08
7-DTE Move: $4.08
Days to Exp: 30 (2026-11-20)

Options Flow

Call Volume: 232
Put Volume: 63
P/C Volume: 0.272
BULLISH
Call OI: 2,632
Put OI: 19,496
P/C OI: 7.407
Total OI: 22,128

ATM Options Pricing

ATM Call: $2.08
ATM Put: $2.00
Call %: 10.4%
Put %: 10.0%

Chain Summary

Chain Volume: 771
Chain OI: 43,173
Last Updated: 10/21/2026
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Dealer Positioning
LOW γ vs HISTORY

Estimated net dealer gamma is at the 5th percentile of this name's own daily history, near the low end of its range. This describes current positioning; it is not a forecast or a trading signal.

Gamma percentile
5%
vs own history
GEX tilt
-0.33
OI-weighted, today
Vanna tilt
-0.31
δ-sensitivity to IV
Charm tilt
+0.42
δ-decay vs time
Vanna tilt -0.31: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt +0.42: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably as time passes and options approach expiry.

Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.

Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.

Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.

This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.

· 11 ATM contracts, 8k total OI
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
as of Oct 21 · No data
30 DTE / 10d 30%
+3.7 pts EXTREME
as of Oct 21 · ATM 89.8% / Wing 93.4%

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)82.3HighOct 21
Straddle Price (30 DTE)$4.08Oct 21
Beta Analysis

Risk Metrics

Beta: 0.7995
Alpha: 102.50%
Correlation: 0.1432
R-Squared: 2.1%
Stock Volatility: 70.9%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Beta & Alpha Over Time
Notable investors who own FIGS
5 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Citadel Hedge fund
Ken Griffin
$18.5M
0.01%
#1191 of 6285+45.6%13F
Renaissance Technologies Hedge fund
Jim Simons
$17.2M
0.02%
#777 of 3138+4.8%13F
Point72 Hedge fund
Steve Cohen
$2.6M
0.00%
#1197 of 1945+5.0%13F
Bridgewater Associates Hedge fund
Ray Dalio
$459K
0.00%
#935 of 997-91.4%13F
Rockefeller Capital Management Family office
Rockefeller family
$63K
0.00%
#3242 of 4729+338.5%13F

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

FIGS Institutional Ownership (13F)

Latest filings — 2026-09-30
Diluted shares outstanding: 187,898,189 (as of 2026-06-30)

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

251 filers165,850,928 shares$1.71B value88.27% of float
# Filer Shares Value % of Total % of Float Period
1 BAMCO INC /NY/ 59,959,449 $613.39M 35.89% 31.91% 2026-06-30
2 Vanguard Group Inc Custodian 9,609,521 $109.16M 6.39% 5.11% 2025-12-31
3 BlackRock, Inc. Custodian 8,543,033 $87.40M 5.11% 4.55% 2026-06-30
4 Driehaus Capital Management LLC 5,161,238 $52.80M 3.09% 2.75% 2026-06-30
5 Vanguard Capital Management LLC 4,671,174 $47.79M 2.80% 2.49% 2026-06-30
6 Vanguard Portfolio Management LLC 4,392,854 $44.94M 2.63% 2.34% 2026-06-30
7 Marshall Wace, LLP Custodian 4,335,698 $44.35M 2.60% 2.31% 2026-06-30
8 Arrowstreet Capital, Limited Partnership 3,739,074 $38.25M 2.24% 1.99% 2026-06-30
9 Goldman Sachs Group Inc Custodian 3,689,850 $37.75M 2.21% 1.96% 2026-06-30
10 Geode Capital Management, LLC Custodian 3,641,706 $37.26M 2.18% 1.94% 2026-06-30
11 Dimensional Fund Advisors LP Custodian 3,568,384 $36.51M 2.14% 1.90% 2026-06-30
12 Divisadero Street Capital Management, LP 3,191,026 $32.64M 1.91% 1.70% 2026-06-30
13 State Street Corp 2,641,018 $27.02M 1.58% 1.41% 2026-06-30
14 Two Sigma Investments, LP Custodian 2,431,518 $24.87M 1.46% 1.29% 2026-06-30
15 FULLER & THALER ASSET MANAGEMENT, INC. 2,116,023 $21.65M 1.27% 1.13% 2026-06-30
16 Jane Street Group, LLC Custodian 2,074,497 $21.22M 1.24% 1.10% 2026-06-30
17 JACOBS LEVY EQUITY MANAGEMENT, INC 2,012,570 $20.59M 1.20% 1.07% 2026-06-30
18 Ameriprise Financial, Inc. Custodian 1,922,496 $19.67M 1.15% 1.02% 2026-06-30
19 Nuveen, LLC Custodian 1,889,545 $19.33M 1.13% 1.01% 2026-06-30
20 Citadel Advisors LLC Custodian 1,805,105 $18.47M 1.08% 0.96% 2026-06-30
21 RENAISSANCE TECHNOLOGIES LLC 1,678,100 $17.17M 1.00% 0.89% 2026-06-30
22 Jennison Associates LLC 1,495,672 $15.30M 0.90% 0.80% 2026-06-30
23 Woodline Partners LP 1,425,012 $14.58M 0.85% 0.76% 2026-06-30
24 Wellington Management Group LLP Custodian 1,202,728 $12.30M 0.72% 0.64% 2026-06-30
25 Charles Schwab Investment Management, Inc. 1,168,247 $11.95M 0.70% 0.62% 2026-06-30
8 filers$18.03M notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $7.27M 40.35% 2026-06-30
2 GROUP ONE TRADING LLC Custodian $3.73M 20.72% 2026-06-30
3 Jane Street Group, LLC Custodian $2.12M 11.77% 2026-06-30
4 Citadel Advisors LLC Custodian $1.81M 10.02% 2026-06-30
5 Simplex Trading, LLC Custodian $1.48M 8.23% 2026-06-30
6 Walleye Trading LLC $1.27M 7.05% 2026-06-30
7 Point72 Asset Management, L.P. $245.52K 1.36% 2026-06-30
8 Walleye Capital LLC $91.05K 0.51% 2026-06-30
8 filers$1.88M notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $878.76K 46.74% 2026-06-30
2 Point72 Asset Management, L.P. $318.15K 16.92% 2026-06-30
3 IMC-Chicago, LLC Custodian $169.82K 9.03% 2026-06-30
4 Simplex Trading, LLC Custodian $130.94K 6.96% 2026-06-30
5 Citadel Advisors LLC Custodian $116.62K 6.20% 2026-06-30
6 Walleye Capital LLC $98.21K 5.22% 2026-06-30
7 Walleye Trading LLC $90.02K 4.79% 2026-06-30
8 GROUP ONE TRADING LLC Custodian $77.75K 4.13% 2026-06-30

FIGS Insider Trading (Form 4)

Latest: 2026-10-05
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-10-05 Sarah Oughtred Chief Financial Officer Tax (F) −22,196 $14.08 -$312.5K EDGAR
2026-10-05 Heather L. Hasson Executive Chairman Tax (F) −6,812 $14.08 -$95.9K EDGAR
2026-10-05 Catherine Eva Spear Chief Executive Officer Tax (F) −61,554 $14.08 -$866.7K EDGAR
2026-08-07 Heather L. Hasson Executive Chairman Tax (F) −30,142 $10.92 -$329.2K EDGAR
2026-08-07 Sarah Oughtred Chief Financial Officer Tax (F) −21,962 $10.92 -$239.8K EDGAR
2026-08-07 Sarah Oughtred Chief Financial Officer Tax (F) −21,962 $10.92 -$239.8K EDGAR
2026-08-07 Heather L. Hasson Executive Chairman Tax (F) −30,142 $10.92 -$329.2K EDGAR
2026-07-06 Catherine Eva Spear Chief Executive Officer Tax (F) −61,556 $10.05 -$618.6K EDGAR
2026-07-06 Sarah Oughtred Chief Financial Officer Tax (F) −22,197 $10.05 -$223.1K EDGAR
2026-07-06 Heather L. Hasson Executive Chairman Tax (F) −6,813 $10.05 -$68.5K EDGAR
2026-06-03 Hsiao Yueh Jao Director Award (A) +15,456 — EDGAR
2026-06-03 Jeffrey A Wilke Director Award (A) +15,456 — EDGAR
2026-06-03 Mario Jesus Marte Director Award (A) +15,456 — EDGAR
2026-06-03 John Martin Willhite Director Award (A) +15,456 — EDGAR
2026-06-03 Sheila Antrum Director Award (A) +15,456 — EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

FIGS Insider Holdings

13 insiders · @ $19.98
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 BAMCO INC /NY/ 10%+ Owner 27,833,825 $556.12M $0 1 2025-02-21
2 Thomas Tull 10%+ Owner 8,776,908 $175.36M $7.25M 5 2025-01-14
3 John Martin Willhite Director 3,263,095 $65.20M $0 6 2026-06-03
4 Catherine Eva Spear Chief Executive Officer 2,468,927 $49.33M -$62.24M 23 2026-10-05
5 Heather L. Hasson Executive Chairman 1,390,181 $27.78M -$124.54M 45 2026-10-05
6 Sarah Oughtred Chief Financial Officer 1,065,969 $21.30M -$1.72M 14 2026-10-05
7 Jeffrey A Wilke Director 227,577 $4.55M $0 6 2026-06-03
8 Alan G Lafley Director 188,034 $3.76M $0 6 2024-12-19
9 Kenneth Jian-Hong Lin Director 161,705 $3.23M $0 6 2026-06-03
10 Sheila Antrum Director 115,663 $2.31M $0 6 2026-06-03
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.

FIGS Board & Officers

As of SEC filings through Oct 5, 2026

Directors 9

Officers 3

10% owners 2

Changes in the last 10 years (43)
Apr 1, 2025Hsiao Yueh Jao became a director
Jan 14, 2025Thomas Tull reported in an SEC filing no longer being a 10% owner
Jan 13, 2025Bamco Inc /ny/ became a 10% owner
Jan 1, 2025Melanie Anya Whelan became a director
Aug 9, 2024Sarah Oughtred became Chief Financial Officer
Aug 9, 2024Kevin Fosty reported in an SEC filing no longer being Interim CFO
Apr 12, 2024Kevin Fosty became Interim CFO
Feb 26, 2024The company announced the departure of Daniella Turenshine as Chief Financial Officer in an SEC filing
Nov 3, 2023Mario Jesus Marte became a director
Aug 11, 2022Heather L. Hasson listed as Executive Chair (previously Co-Chief Executive Officer) in SEC filings
Apr 1, 2022Kenneth Jian-Hong Lin became a director
Apr 1, 2022Jeffrey A Wilke became a director
Apr 1, 2022Alan G Lafley became a director
Mar 23, 2022Tulco, LLC reported in an SEC filing no longer being a 10% owner
Dec 24, 2021Daniella Turenshine became Chief Financial Officer
Dec 9, 2021The company announced the departure of Jeffrey D Lawrence as Chief Financial Officer in an SEC filing
Sep 3, 2021Viking Global Opportunities Portfolio GP LLC reported in an SEC filing no longer being a 10% owner
Sep 3, 2021Viking Global Opportunities Illiquid Investments Sub-Master LP reported in an SEC filing no longer being a 10% owner
Sep 3, 2021Viking Global Opportunities GP LLC reported in an SEC filing no longer being a 10% owner
Sep 3, 2021Viking Global Investors LP reported in an SEC filing no longer being a 10% owner
Not reported recently (4)
  • Bamco Inc /ny/ · Last reported as a 10% owner in an SEC filing dated Feb 21, 2025
  • Alan G Lafley · Last reported as a director in an SEC filing dated Dec 19, 2024
  • Michael J Soenen · Last reported as a director in an SEC filing dated Jun 9, 2023
  • Christopher Peter Varelas · Last reported as a director in an SEC filing dated Jun 2, 2021
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.

FIGS Proposed Insider Sales (Form 144)

Latest: 2026-05-04
Last 30d: 0 filings  ·  Last 90d: 0 filings

What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.

How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.

10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.

"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.

Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.

Filed Filer Role Shares Notice Value Planned Sale Broker Plan Link
2026-05-04 Sarah Oughtred Officer 23,597 $338.2K 2026-05-04 E*TRADE Financial Corporation 10b5-1 EDGAR
2026-05-04 Heather Hasson Director, Officer, 10% Stockholder 32,385 $464.2K 2026-05-04 E*TRADE Financial Corporation 10b5-1 EDGAR
2026-04-02 Sarah Oughtred Officer 10,872 $157.0K 2026-04-02 E*TRADE Financial Corporation 10b5-1 EDGAR
2026-04-02 Catherine Spear Director, Officer, 10% Stockholder 62,335 $900.0K 2026-04-02 E*TRADE Financial Corporation 10b5-1 EDGAR
2026-03-03 Heather Hasson Director, Officer, 10% Stockholder 556,327 $9.38M 2026-03-03 Morgan Stanley Smith Barney LLC … — EDGAR
2026-02-05 Heather Hasson Director, Officer, 10% Stockholder 22,874 $241.5K 2026-02-05 E*TRADE Financial Corporation 10b5-1 EDGAR
2026-02-05 Sarah Oughtred Officer 22,690 $239.6K 2026-02-05 E*TRADE Financial Corporation 10b5-1 EDGAR
2026-01-07 Sarah Oughtred Officer 10,515 $120.9K 2026-01-07 E*TRADE Financial Corporation 10b5-1 EDGAR
2026-01-06 Catherine Spear Director, Officer, 10% Stockholder 47,734 $565.9K 2026-01-06 E*TRADE Financial Corporation 10b5-1 EDGAR
2025-11-04 Sarah Oughtred Officer 22,745 $168.0K 2025-11-04 E*TRADE Financial Corporation 10b5-1 EDGAR
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
ETF Holders
80 ETFs hold FIGS
25 shown · $305.17M total exposure · 0.05% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 IWM iShares Russell 2000 ETF iShares (BlackRock) 0.06% $47.8M $75.1B 2026-10-20
2 VTI Vanguard Morningstar Total Stock Market ETF Vanguard 0.00% $38.2M — 2026-09-30
3 VB Vanguard Morningstar Small-Cap ETF Vanguard 0.02% $27.1M — 2026-09-30
4 VXF Vanguard Extended Market ETF Vanguard 0.03% $24.7M — 2026-09-30
5 DFAS Dimensional US Small Cap ETF Dimensional 0.07% $23.7M — 2026-10-20
6 IWO iShares Russell 2000 Growth ETF iShares (BlackRock) 0.13% $17.4M $13.6B 2026-10-20
7 VBK Vanguard Morningstar Small-Cap Growth ETF Vanguard 0.03% $15.1M — 2026-09-30
8 DFAC Dimensional US Core Equity 2 ETF Dimensional 0.02% $13.5M — 2026-10-20
9 FESM Fidelity Enhanced Small Cap Core ETF Fidelity 0.20% $13.0M $6.6B 2026-10-20
10 RONB Baron First Principles ETF Nport 2.29% $11.3M — 2026-06-30
11 DFMC Dimensional US Micro Cap ETF Dimensional 0.14% $10.4M — 2026-10-20
12 FYC First Trust Small Cap Growth AlphaDEX® Fund First Trust 0.74% $9.9M $1.3B 2026-10-20
13 SCHA Schwab U.S. Small-Cap ETF Nport 0.04% $8.8M — 2026-05-31
14 VTWO Vanguard Russell 2000 ETF Vanguard 0.04% $7.7M — 2026-09-30
15 VCR Vanguard Consumer Discretionary ETF Vanguard 0.08% $4.8M — 2026-09-30
16 FYX First Trust Small Cap Core AlphaDEX® Fund First Trust 0.36% $4.8M $1.4B 2026-10-20
17 ITOT iShares Core S&P Total U.S. Stock Market ETF iShares (BlackRock) 0.00% $4.4M $97.4B 2026-10-20
18 IBUY Amplify Online Retail ETF Amplify 3.13% $4.0M $128.6M 2026-10-20
19 AVSC Avantis U.S. Small Cap Equity ETF Avantis 0.10% $3.0M $3.1B 2026-10-20
20 DCOR Dimensional US Core Equity 1 ETF Dimensional 0.01% $2.9M — 2026-10-20
21 GSSC Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Goldman 0.27% $2.8M $1.0B 2026-10-20
22 USVM VictoryShares US Small Mid Cap Value Momentum ETF Nport 0.15% $2.7M — 2026-06-30
23 ONLN ProShares Online Retail ETF ProShares 4.27% $2.5M — 2026-10-21
24 PSC Principal U.S. Small-Cap ETF Nport 0.10% $2.3M — 2026-06-30
25 JSML Janus Henderson Small Cap Growth Alpha ETF Janus 0.59% $2.1M $363.1M 2026-10-20
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.

Trailing P/E
—
TTM Diluted EPS
$0.33
TTM Revenue
$710.08M
TTM Net Income
$61.92M
TTM Op. Cash Flow
$108.02M
Quarterly figures (12 quarters)
QuarterPeriod EndRevenueNet IncomeDiluted EPSOp. Cash Flow
Q2 '262026-06-30$196.62M$28.38M$0.15$46.86M
Q1 '262026-03-31$159.90M$6.29M$0.03$-3.20M
Q4 '252025-12-31$201.90M$18.51M$0.10$60.93M
Q3 '252025-09-30$151.66M$8.75M$0.05$3.44M
Q2 '252025-06-30$152.64M$7.10M$0.04$-12.43M
Q1 '252025-03-31$124.90M$-102.00K—$9.23M
Q4 '242024-12-31$151.83M$1.89M$0.02$30.42M
Q3 '242024-09-30$140.21M$-1.70M$-0.01$22.59M
Q2 '242024-06-30$144.22M$1.10M$0.01$16.54M
Q1 '242024-03-31$119.29M$1.44M$0.01$11.62M
Q4 '232023-12-31$144.92M$10.00M$0.05$20.27M
Q3 '232023-09-30$142.36M$6.15M$0.03$54.13M
Q2 2026 • period ending 2026-06-30 • filed 2026-08-06
Valuation

Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.

Price Multiples
  • P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
  • P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
  • P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
  • EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
  • EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
  • ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
  • ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
  • Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
  • FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
  • Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
  • Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
  • Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
  • Multiples expanding while earnings are flat = sentiment-driven rally.
  • Multiples compressing while earnings grow = value coming from fundamentals.
P/E
60.55
P/B
8.49
P/S
5.29
EV/EBITDA
46.23
EV/Sales
5.13
ROE
14.0%
ROA
10.6%
Div Yield
0.00%
FCF Yield
2.88%
Debt/Equity
0.00
Current Ratio
—
Market Cap
$3.75B
as of 2026-10-21
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
16.53M
SI % of Float
10.89%
Days to Cover
6.48
Short Vol Ratio
38.9%
Free Float
151.81M
Float %
96.2%
Short interest 2026-09-30 • Short volume 2026-10-21 • Float 2026-08-14