Figure Technology Solutions (NASDAQ:FIGR) Upgraded at Wall Street Zen

Key Points

• Wall Street Zen upgraded Figure Technology Solutions from “sell” to “hold,” while broader analyst sentiment remains “Moderate Buy,” with an average price target of $50.62.
• Figure reported strong quarterly results, posting EPS of $0.35 versus the $0.24 consensus estimate, alongside substantial year-over-year growth in revenue, net income and adjusted EBITDA.
• The stock recently traded near $31.43, well below its average analyst target, but investors should note ongoing insider selling, a declining net take rate and risks tied to valuation, regulation and the pending Kiavi acquisition.

Figure Technology Solutions (NASDAQ:FIGR - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research report issued to clients and investors on Saturday.

Other analysts have also recently issued research reports about the company. Keefe, Bruyette & Woods lowered their price target on Figure Technology Solutions from $55.00 to $45.00 and set an "outperform" rating on the stock in a report on Monday, July 13th. Weiss Ratings raised shares of Figure Technology Solutions from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Thursday, June 4th. Mizuho boosted their price target on shares of Figure Technology Solutions from $45.00 to $55.00 and gave the stock an "outperform" rating in a research note on Thursday, May 14th. Sanford C. Bernstein raised their price objective on shares of Figure Technology Solutions from $67.00 to $70.00 and gave the company an "outperform" rating in a research report on Thursday, August 6th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $55.00 target price on shares of Figure Technology Solutions in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $50.62.

Figure Technology Solutions Stock Performance

Figure Technology Solutions stock opened at $31.43 on Friday. The firm's 50 day simple moving average is $29.26 and its 200 day simple moving average is $33.91. 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 has a 1-year low of $24.11 and a 1-year high of $78.00. The firm has a market capitalization of $5.74 billion and a PE ratio of 33.80.

Figure Technology Solutions (NASDAQ:FIGR - Get Free Report) last released its quarterly earnings results on Thursday, August 13th. The company reported $0.35 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 firm had revenue of $218.45 million during the quarter. As a group, analysts expect that Figure Technology Solutions will post 0.92 earnings per share for the current fiscal year.

Insider Buying and Selling at Figure Technology Solutions

In other Figure Technology Solutions news, CEO Michael Benjamin Tannenbaum sold 14,871 shares of the company's stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $37.27, for a total transaction of $554,242.17. Following the completion of the sale, the chief executive officer directly owned 3,193,641 shares in the company, valued at $119,027,000.07. This represents a 0.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Minchung Kgil sold 9,117 shares of the firm's stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $30.06, for a total value of $274,057.02. Following the transaction, the chief financial officer directly owned 507,651 shares in the company, valued at $15,259,989.06. This trade represents a 1.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 42,019 shares of company stock worth $1,364,796. 26.60% of the stock is owned by insiders.

Institutional Investors Weigh In On Figure Technology Solutions

Hedge funds and other institutional investors have recently modified their holdings of the stock. Global Retirement Partners LLC purchased a new stake in Figure Technology Solutions during the 4th quarter valued at about $25,000. WPG Advisers LLC increased its stake in Figure Technology Solutions by 71.1% in the 1st quarter. WPG Advisers LLC now owns 934 shares of the company's stock worth $32,000 after purchasing an additional 388 shares during the period. Strs Ohio bought a new stake in Figure Technology Solutions in the fourth quarter valued at approximately $34,000. MetLife Investment Management LLC bought a new stake in Figure Technology Solutions in the fourth quarter valued at approximately $35,000. Finally, Johnson Financial Group Inc. purchased a new stake in shares of Figure Technology Solutions during the fourth quarter valued at approximately $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.

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.

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