Figure Technology Solutions (NASDAQ:FIGR) Given New $72.00 Price Target at Sanford C. Bernstein

Figure Technology Solutions (NASDAQ:FIGR) had its target price boosted by Sanford C. Bernstein from $54.00 to $72.00 in a research note issued to investors on Tuesday,Benzinga reports. Sanford C. Bernstein currently has an outperform rating on the stock.

Several other research analysts also recently commented on FIGR. Jefferies Financial Group started coverage on shares of Figure Technology Solutions in a report on Monday, October 6th. They set a “hold” rating and a $40.00 price objective for the company. Weiss Ratings reissued a “hold (c-)” rating on shares of Figure Technology Solutions in a research note on Monday, December 29th. Needham & Company LLC restated a “buy” rating and set a $51.00 price target on shares of Figure Technology Solutions in a report on Monday, November 17th. Zacks Research raised Figure Technology Solutions from a “hold” rating to a “strong-buy” rating in a report on Friday, January 2nd. Finally, Keefe, Bruyette & Woods increased their target price on Figure Technology Solutions from $52.00 to $62.00 and gave the company an “outperform” rating in a research report on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $55.13.

Figure Technology Solutions Price Performance

FIGR stock opened at $56.28 on Tuesday. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 0.17. Figure Technology Solutions has a 1-year low of $30.01 and a 1-year high of $59.40. The business has a 50 day simple moving average of $41.39. The company has a market cap of $9.91 billion and a P/E ratio of 165.53.

Figure Technology Solutions (NASDAQ:FIGR) last released its earnings results on Thursday, November 13th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.16 by $0.18. The company had revenue of $156.03 million during the quarter.

Insiders Place Their Bets

In other news, insider David Todd Stevens sold 40,000 shares of Figure Technology Solutions stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $35.22, for a total value of $1,408,800.00. Following the completion of the transaction, the insider owned 489,000 shares in the company, valued at approximately $17,222,580. The trade was a 7.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director June Ou sold 200,058 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $39.40, for a total value of $7,882,285.20. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 3,344,073 shares of company stock worth $123,816,526.

Institutional Investors Weigh In On Figure Technology Solutions

Institutional investors have recently made changes to their positions in the company. Blue Trust Inc. purchased a new stake in shares of Figure Technology Solutions in the third quarter valued at approximately $64,000. SBI Securities Co. Ltd. bought a new stake in Figure Technology Solutions during the 3rd quarter valued at $66,000. PNC Financial Services Group Inc. purchased a new stake in shares of Figure Technology Solutions in the 3rd quarter worth $73,000. BNP Paribas Financial Markets bought a new position in shares of Figure Technology Solutions during the 3rd quarter worth $102,000. Finally, Ameritas Advisory Services LLC purchased a new position in shares of Figure Technology Solutions during the third quarter valued at $200,000.

Trending Headlines about 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

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.