Figure Technology Solutions (NASDAQ:FIGR) Given Buy Rating at Needham & Company LLC

Needham & Company LLC restated their buy rating on shares of Figure Technology Solutions (NASDAQ:FIGR) in a research report released on Friday morning,Benzinga reports. They currently have a $55.00 target price on the stock.

FIGR has been the topic of several other reports. Wall Street Zen cut shares of Figure Technology Solutions from a “hold” rating to a “sell” rating in a research report on Sunday, July 12th. Sanford C. Bernstein raised their target price on Figure Technology Solutions from $67.00 to $70.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. Weiss Ratings upgraded Figure Technology Solutions from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, June 4th. Piper Sandler dropped their price target on Figure Technology Solutions from $75.00 to $65.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 15th. Finally, Mizuho increased their price objective on Figure Technology Solutions from $45.00 to $55.00 and gave the stock an “outperform” rating in a research note on Thursday, May 14th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Figure Technology Solutions presently has an average rating of “Moderate Buy” and an average target price of $50.62.

Figure Technology Solutions Price Performance

FIGR stock opened at $31.43 on Friday. Figure Technology Solutions has a one year low of $24.11 and a one year high of $78.00. The firm has a 50-day moving average of $29.26 and a two-hundred day moving average of $33.91. The firm has a market capitalization of $5.74 billion and a PE ratio of 33.80. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.20.

Figure Technology Solutions (NASDAQ:FIGR) last released its quarterly 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. Figure Technology Solutions had a net margin of 33.45% and a return on equity of 19.58%. The business had revenue of $218.45 million for the quarter. On average, analysts forecast that Figure Technology Solutions will post 0.92 earnings per share for the current year.

Insider Activity

In other Figure Technology Solutions news, CEO Michael Benjamin Tannenbaum sold 2,031 shares of Figure Technology Solutions stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $36.03, for a total value of $73,176.93. Following the completion of the sale, the chief executive officer directly owned 3,193,641 shares in the company, valued at $115,066,885.23. The trade was a 0.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Minchung Kgil sold 4,000 shares of Figure Technology Solutions stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $30.03, for a total transaction of $120,120.00. Following the completion of the sale, the chief financial officer directly owned 491,651 shares of the company’s stock, valued at approximately $14,764,279.53. The trade was a 0.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 42,019 shares of company stock valued at $1,364,796. 26.60% of the stock is owned by corporate insiders.

Institutional Trading of Figure Technology Solutions

A number of institutional investors and hedge funds have recently modified their holdings of the company. Global Retirement Partners LLC bought a new stake in shares of Figure Technology Solutions in the 4th quarter valued at approximately $25,000. Strs Ohio bought a new position in shares of Figure Technology Solutions during the 4th quarter worth approximately $34,000. MetLife Investment Management LLC acquired a new stake in Figure Technology Solutions in the 4th quarter valued at $35,000. WPG Advisers LLC grew its position in Figure Technology Solutions by 71.1% in the first quarter. WPG Advisers LLC now owns 934 shares of the company’s stock valued at $32,000 after acquiring an additional 388 shares during the period. Finally, Johnson Financial Group Inc. acquired a new position in Figure Technology Solutions during the fourth quarter worth $41,000.

Key Stories Impacting Figure Technology Solutions

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

• Positive Sentiment: Strong Q2 earnings: Figure reported diluted EPS of $0.35, exceeding the $0.24 consensus estimate, while net revenue reached $225.6 million, up 113% year over year. Net income surged 192% to $87.4 million, and adjusted EBITDA rose 126% to $119.4 million. Figure Technology Solutions Reports Strong Second Quarter 2026 Results
• Positive Sentiment: Marketplace growth and upbeat outlook: Consumer Loan Marketplace volume increased 132% to $4.3 billion, with Figure Connect accounting for 65% of volume. Management projects third-quarter volume of $4.8 billion to $5.2 billion and said the pending Kiavi acquisition remains on track to close in the second half of 2026. Figure Projects Q3 Consumer Loan Marketplace Volume
• Positive Sentiment: Analyst support: Needham reaffirmed its “buy” rating and assigned a $55 price target, implying substantial upside from recent trading levels. Needham Reaffirms Buy Rating on Figure Technology Solutions
• Neutral Sentiment: Figure’s net take rate declined to 3.6% from 4.0% a year earlier, suggesting that competitive pricing or business mix may be tempering monetization even as transaction volume expands.
• Negative Sentiment: Insider selling: CFO Minchung Kgil sold 4,000 shares for approximately $120,120 under a pre-arranged Rule 10b5-1 plan. The relatively small transaction followed a broader pattern of insider sales and no reported purchases, which may weigh on sentiment. SEC Insider Transaction Filing
• Negative Sentiment: The stock remains valued at a relatively high earnings multiple, while Figure continues to identify risks involving lending conditions, regulation, technology, third-party providers and the successful completion of the Kiavi acquisition.

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.