Needham & Company LLC Issues Pessimistic Forecast for Figure Technology Solutions (NASDAQ:FIGR) Stock Price

Figure Technology Solutions (NASDAQ:FIGR) had its price objective lowered by research analysts at Needham & Company LLC from $71.00 to $55.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has a “buy” rating on the stock. Needham & Company LLC’s price objective would indicate a potential upside of 117.56% from the stock’s current price.

FIGR has been the topic of a number of other research reports. Mizuho raised their target price on Figure Technology Solutions from $47.00 to $56.00 and gave the stock an “outperform” rating in a report on Monday, November 17th. 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. The Goldman Sachs Group boosted their price objective on shares of Figure Technology Solutions from $51.00 to $58.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Keefe, Bruyette & Woods raised shares of Figure Technology Solutions from a “moderate buy” rating to a “strong-buy” rating in a research note on Thursday, February 19th. Finally, Texas Capital upgraded shares of Figure Technology Solutions to a “strong-buy” rating in a report on Thursday, January 29th. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $57.50.

Figure Technology Solutions Stock Performance

Shares of Figure Technology Solutions stock opened at $25.28 on Friday. The company’s fifty day simple moving average is $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 company has a market cap of $4.45 billion and a PE ratio of 74.35. Figure Technology Solutions has a 52 week low of $25.09 and a 52 week high of $78.00.

Figure Technology Solutions (NASDAQ:FIGR) last announced its quarterly earnings data on Thursday, February 26th. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.07). The company had revenue of $157.63 million during the quarter, compared to analyst estimates of $158.00 million. The firm’s revenue was up 90.7% compared to the same quarter last year.

Figure Technology Solutions declared that its Board of Directors has initiated a stock buyback plan on Thursday, February 26th that allows the company to repurchase $200.00 million in shares. This repurchase authorization allows the company to repurchase up to 3.3% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Insider Buying and Selling at Figure Technology Solutions

In other news, Director June Ou sold 200,058 shares of the company’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. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Minchung Kgil sold 32,994 shares of the stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $35.05, for a total transaction of $1,156,439.70. Following the sale, the chief financial officer directly owned 584,155 shares of the company’s stock, valued at $20,474,632.75. This represents a 5.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 749,193 shares of company stock worth $27,947,547 in the last quarter.

Hedge Funds Weigh In On Figure Technology Solutions

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Voya Investment Management LLC acquired a new stake in shares of Figure Technology Solutions in the 3rd quarter valued at about $721,000. Exchange Traded Concepts LLC bought a new position in shares of Figure Technology Solutions during the third quarter worth about $5,963,000. Blue Trust Inc. acquired a new stake in Figure Technology Solutions in the 3rd quarter valued at approximately $64,000. Hennessy Advisors Inc. acquired a new stake in Figure Technology Solutions in the 3rd quarter valued at approximately $255,000. Finally, CWA Asset Management Group LLC bought a new stake in Figure Technology Solutions in the 3rd quarter valued at approximately $1,412,000.

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

About Figure Technology Solutions

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.