Figure Technology Solutions’ (FIGR) Buy Rating Reaffirmed at Needham & Company LLC

Figure Technology Solutions (NASDAQ:FIGR)‘s stock had its “buy” rating reiterated by equities research analysts at Needham & Company LLC in a research report issued on Friday,Benzinga reports. They presently have a $55.00 price target on the stock. Needham & Company LLC’s target price would suggest a potential upside of 72.52% from the company’s previous close.

A number of other research analysts have also weighed in on the company. Piper Sandler decreased their target price on Figure Technology Solutions from $75.00 to $65.00 and set an “overweight” rating on the stock in a report on Wednesday, July 15th. Sanford C. Bernstein raised their target price on shares of Figure Technology Solutions from $67.00 to $70.00 and gave the stock an “outperform” rating in a report on Thursday, August 6th. Wall Street Zen downgraded Figure Technology Solutions from a “hold” rating to a “sell” rating in a research note on Sunday, July 12th. Keefe, Bruyette & Woods cut their target price on Figure Technology Solutions from $55.00 to $45.00 and set an “outperform” rating for the company in a research note on Monday, July 13th. Finally, Weiss Ratings raised shares of Figure Technology Solutions from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, June 4th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Figure Technology Solutions presently has an average rating of “Moderate Buy” and a consensus target price of $50.62.

Figure Technology Solutions Stock Performance

Shares of NASDAQ:FIGR opened at $31.88 on Friday. Figure Technology Solutions has a fifty-two week low of $24.11 and a fifty-two week high of $78.00. The firm’s 50 day simple moving average is $29.20 and its 200 day simple moving average is $33.93. The company has a market capitalization of $5.82 billion and a price-to-earnings ratio of 54.97. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.90 and a quick ratio of 1.90.

Figure Technology Solutions (NASDAQ:FIGR) last announced its earnings results on Thursday, August 13th. The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.11. The firm had revenue of $218.45 million during the quarter. As a group, sell-side analysts forecast that Figure Technology Solutions will post 0.92 earnings per share for the current year.

Insider Activity

In related news, CFO Minchung Kgil sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $28.13, for a total transaction of $112,520.00. Following the completion of the sale, the chief financial officer owned 495,651 shares of the company’s stock, valued at $13,942,662.63. This trade represents a 0.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael Benjamin Tannenbaum sold 2,031 shares of Figure Technology Solutions stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $36.03, for a total transaction of $73,176.93. Following the completion of the sale, the chief executive officer owned 3,193,641 shares of the company’s stock, valued at $115,066,885.23. This represents a 0.06% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 38,019 shares of company stock worth $1,244,676. 26.60% of the stock is owned by corporate insiders.

Institutional Trading of Figure Technology Solutions

Large investors have recently bought and sold shares of the company. Pictet Asset Management Holding SA raised its position in shares of Figure Technology Solutions by 69.7% during the 4th quarter. Pictet Asset Management Holding SA now owns 67,893 shares of the company’s stock valued at $2,773,000 after buying an additional 27,893 shares in the last quarter. UBS Group AG lifted its holdings in Figure Technology Solutions by 322.9% in the 4th quarter. UBS Group AG now owns 885,977 shares of the company’s stock worth $36,183,000 after buying an additional 676,470 shares during the period. Eurizon Capital SGR S.p.A. bought a new stake in Figure Technology Solutions in the fourth quarter valued at $5,041,000. WIM INVESTMENT MANAGEMENT Ltd raised its holdings in Figure Technology Solutions by 53.6% in the fourth quarter. WIM INVESTMENT MANAGEMENT Ltd now owns 745,286 shares of the company’s stock worth $30,437,000 after purchasing an additional 260,000 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in Figure Technology Solutions by 17.9% during the fourth quarter. Vanguard Group Inc. now owns 2,974,853 shares of the company’s stock valued at $121,493,000 after buying an additional 452,136 shares during the last quarter.

Key Figure Technology Solutions News

Here are the key news stories impacting Figure Technology Solutions this week:

• Positive Sentiment: Q2 earnings beat estimates: Diluted EPS was $0.35 versus the $0.24 consensus estimate, while adjusted net revenue reached $218.4 million and GAAP net revenue totaled $225.6 million, up 113% year over year. Figure Technology Q2 Earnings Snapshot
• Positive Sentiment: Profitability and operating leverage improved significantly: Net income surged 192% to $87.4 million, with a 38.8% margin. Adjusted EBITDA rose 126% to $119.4 million, and the adjusted EBITDA margin expanded to 54.6%. Cash and cash equivalents increased 20% from year-end to $1.4 billion. Figure Technology Solutions Reports Strong Second Quarter 2026 Results
• Positive Sentiment: Marketplace growth accelerated: Consumer Loan Marketplace volume rose 132% year over year to $4.3 billion. Figure Connect accounted for $2.8 billion, or 65% of volume, supporting a more capital-light business model. The company added 102 origination partners, bringing the total to 489, and expects its Kiavi acquisition to close in the second half of 2026. FIGR Q2 2026 Earnings Call Transcript
• Positive Sentiment: Management provided constructive guidance: Figure projects third-quarter Consumer Loan Marketplace volume of $4.8 billion to $5.2 billion, with Connect expected to represent approximately 70% of volume. Figure Q3 Marketplace Volume Outlook
• Negative Sentiment: Take-rate pressure remains a risk: Net take rate declined to 3.6% from 4.0% a year earlier, suggesting pricing or competitive pressure despite strong volume growth.
• Negative Sentiment: Insider selling could temper sentiment: Recent reported insider activity showed sales without purchases, while investors continue to face risks tied to regulation, funding costs, credit performance and the pending Kiavi transaction.

Figure Technology Solutions Company Profile

Figure is building the future of capital markets using blockchain-based technology. Figure’s proprietary technology powers next-generation lending, trading and investing activities in areas such as consumer credit and digital assets. Our application of the blockchain ledger allows us to better serve our end-customers, improve speed and efficiency, and enhance standardization and liquidity. Using our technology, we continue to develop dynamic, vertically-integrated marketplaces across the approximately $2 trillion consumer credit market and the rapidly growing approximately $4 trillion cryptocurrency and digital asset market.