Figure Technology Solutions (NASDAQ:FIGR) Shares Gap Down on Disappointing Earnings

Shares of Figure Technology Solutions, Inc. (NASDAQ:FIGR) gapped down before the market opened on Friday after the company announced weaker than expected quarterly earnings. The stock had previously closed at $34.04, but opened at $30.89. Figure Technology Solutions shares last traded at $28.35, with a volume of 4,319,057 shares changing hands.

The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.07). The company had revenue of $157.63 million for the quarter, compared to the consensus estimate of $158.00 million. The company’s revenue was up 90.7% on a year-over-year basis.

Figure Technology Solutions announced that its board has approved a share repurchase plan on Thursday, February 26th that authorizes the company to repurchase $200.00 million in outstanding shares. This repurchase authorization authorizes the company to buy up to 3.3% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its stock is undervalued.

Trending Headlines about Figure Technology Solutions

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

• Positive Sentiment: Strategic entry into auto lending — Figure announced a partnership with Agora Data to bring AI‑driven auto finance assets onto Figure Connect and to launch a blockchain-based auto‑loan platform, expanding the company beyond housing finance into a large new addressable market. Agora Data and Figure Technologies Announce Partnership
• Positive Sentiment: $200M share repurchase program — Figure authorized a $200 million buyback alongside its Q4 results, which is typically supportive of the stock by reducing float and signaling management confidence. Q4 Results & Repurchase Program
• Positive Sentiment: Blockchain innovation milestone — Figure and BitGo completed what they call the first fully on‑chain equity trade (issuing, trading and settling shares on‑chain), underscoring Figure’s technology differentiation that supporters argue can create new revenue streams. On‑Chain Equity Trade with BitGo
• Positive Sentiment: Capital‑light growth / unit economics guidance — Management outlined a capital‑light strategy with an expected net take rate of ~3.5%–4%, which, if achieved, supports scalable revenue and margin story. Capital‑Light Growth Strategy
• Positive Sentiment: Unusual bullish options activity — Reports show heavy call buying volume, which can reflect short‑term bullish positioning by traders and may amplify intraday moves. High Volume of Call Options
• Neutral Sentiment: Analyst bullish views remain despite cuts — Some independent writeups (e.g., Seeking Alpha) reiterate buy ratings focused on expanding loan types and blockchain moat; these are opinion pieces that may influence investor sentiment but are not formal coverage changes. Seeking Alpha Buy Thesis
• Negative Sentiment: Analyst price‑target reductions — Keefe, Bruyette & Woods and Needham lowered targets to $55 (from $62 and $71 respectively) today; both maintained buy/outperform ratings, but the cuts signal reduced near‑term upside expectations and likely pressured the stock. Benzinga: Analyst Price Target Changes
• Negative Sentiment: Q4 EPS miss — Figure reported $0.06 EPS vs. $0.13 consensus (miss) and revenue $157.6M vs. $158M estimate. Revenue grew ~90.7% y/y (positive for growth story), but the EPS shortfall is a clear near‑term catalyst for selling pressure. Q4 Earnings Snapshot

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Keefe, Bruyette & Woods cut their price objective on Figure Technology Solutions from $62.00 to $55.00 and set an “outperform” rating on the stock in a research note on Friday. Bank of America downgraded shares of Figure Technology Solutions from a “neutral” rating to an “underperform” rating and set a $42.00 price target on the stock. in a research report on Tuesday, February 3rd. Mizuho increased their price objective on shares of Figure Technology Solutions from $47.00 to $56.00 and gave the stock an “outperform” rating in a research report on Monday, November 17th. Piper Sandler boosted their target price on shares of Figure Technology Solutions from $55.00 to $75.00 and gave the company an “overweight” rating in a report on Wednesday, January 14th. Finally, Weiss Ratings cut shares of Figure Technology Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $56.63.

Insider Buying and Selling

In related news, Director June Ou sold 200,058 shares of the business’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $39.40, for a total transaction of $7,882,285.20. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Michael Scott Cagney sold 200,058 shares of the stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $39.40, for a total transaction of $7,882,285.20. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 749,193 shares of company stock worth $27,947,547 over the last ninety days.

Institutional Trading of Figure Technology Solutions

Large investors have recently made changes to their positions in the company. Invesco Ltd. increased its position in Figure Technology Solutions by 66.5% in the 4th quarter. Invesco Ltd. now owns 1,165,385 shares of the company’s stock valued at $47,594,000 after buying an additional 465,606 shares in the last quarter. Alpine Woods Capital Investors LLC acquired a new stake in Figure Technology Solutions in the fourth quarter valued at approximately $1,897,000. Prana Capital Management LP acquired a new stake in Figure Technology Solutions in the fourth quarter valued at approximately $2,617,000. Quadrature Capital Ltd bought a new stake in shares of Figure Technology Solutions during the fourth quarter valued at approximately $4,022,000. Finally, Concentric Capital Strategies LP acquired a new position in shares of Figure Technology Solutions during the fourth quarter worth approximately $15,467,000.

Figure Technology Solutions Stock Performance

The firm has a fifty day simple moving average of $48.01. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 0.17. The stock has a market cap of $4.45 billion and a P/E ratio of 74.35.

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.