Figure Technology Solutions, Inc. (NASDAQ:FIGR) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Figure Technology Solutions, Inc. (NASDAQ:FIGRGet Free Report) have received a consensus rating of “Moderate Buy” from the ten analysts that are covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $55.1250.

Several equities analysts have recently issued reports on FIGR shares. Piper Sandler lifted their price objective on Figure Technology Solutions from $50.00 to $55.00 and gave the company an “overweight” rating in a research note on Monday, November 17th. Jefferies Financial Group initiated coverage on shares of Figure Technology Solutions in a report on Monday, October 6th. They issued a “hold” rating and a $40.00 target price on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of Figure Technology Solutions in a report on Monday, December 29th. Bank of America increased their price objective on shares of Figure Technology Solutions from $41.00 to $47.00 and gave the company a “neutral” rating in a research report on Monday, November 17th. Finally, Zacks Research raised shares of Figure Technology Solutions from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 2nd.

Check Out Our Latest Analysis on Figure Technology Solutions

Figure Technology Solutions Price Performance

NASDAQ FIGR opened at $56.28 on Wednesday. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.26 and a quick ratio of 2.26. The firm has a market capitalization of $9.91 billion and a PE ratio of 165.53. The firm has a 50-day moving average of $41.39. Figure Technology Solutions has a 12 month low of $30.01 and a 12 month high of $59.40.

Figure Technology Solutions (NASDAQ:FIGRGet Free Report) last announced its earnings results on Thursday, November 13th. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.18. The firm had revenue of $156.03 million during the quarter.

Insiders Place Their Bets

In other news, CFO Minchung Kgil sold 100,000 shares of the stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $35.09, for a total value of $3,509,000.00. Following the transaction, the chief financial officer owned 617,149 shares in the company, valued at approximately $21,655,758.41. This represents a 13.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Michael Scott Cagney sold 500,000 shares of the firm’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $36.22, for a total value of $18,110,000.00. Following the sale, the director directly owned 6,378,993 shares in the company, valued at $231,047,126.46. This trade represents a 7.27% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 3,344,073 shares of company stock valued at $123,816,526.

Institutional Investors Weigh In On Figure Technology Solutions

Several hedge funds and other institutional investors have recently bought and sold shares of FIGR. Blue Trust Inc. purchased a new stake in Figure Technology Solutions in the third quarter valued at $64,000. SBI Securities Co. Ltd. purchased a new stake in shares of Figure Technology Solutions in the 3rd quarter valued at about $66,000. PNC Financial Services Group Inc. acquired a new stake in shares of Figure Technology Solutions in the 3rd quarter valued at about $73,000. BNP Paribas Financial Markets purchased a new position in Figure Technology Solutions during the 3rd quarter worth approximately $102,000. Finally, Ameritas Advisory Services LLC purchased a new position in Figure Technology Solutions during the 3rd quarter worth approximately $200,000.

Key Headlines Impacting Figure Technology Solutions

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

  • Positive Sentiment: Analyst price‑target upgrades — Sanford C. Bernstein raised its target to $72 and kept an “Outperform” rating, and Goldman Sachs lifted its target to $58 with a “Buy” rating. These upgrades add upward pressure by increasing implied upside and institutional interest. Berninga: Analyst Raises
  • Positive Sentiment: Preliminary operating data shows significant growth — December consumer loan marketplace volume of $869M (+134% YoY) and Q4 volume of $2.705B (+131% YoY). On‑chain products also expanded sharply (YLDS in circulation, Democratized Prime matched offers, borrower demand and lender supply all up multiple‑hundreds percent M/M), supporting revenue and scale narratives. These metrics likely drove bullish sentiment. GlobeNewswire: Preliminary Q4/Dec Data
  • Neutral Sentiment: Short interest report shows 0 shares (short‑interest ratio 0.0 days) — the data is effectively non‑informative and shouldn’t be driving positioning one way or the other. Monitor future reports for clarity. (Source: exchange short‑interest release)
  • Negative Sentiment: Preliminary and unaudited: the operating figures are unaudited and subject to closing adjustments; management also notes a history of losses and material risks (HELOC exposure, regulatory and market risks), which tempers the upside until audited financials are filed. QuiverQuant: Preliminary Data & Risks
  • Negative Sentiment: Substantial insider selling over the past 6 months reported by data aggregators — large insider dispositions can weigh on sentiment and supply; investors should watch for additional insider activity. QuiverQuant: Insider Activity

About Figure Technology Solutions

(Get Free Report)

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.

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Analyst Recommendations for Figure Technology Solutions (NASDAQ:FIGR)

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