Figure Technology Solutions (NASDAQ:FIGR) Receives “Buy” Rating from Needham & Company LLC

Figure Technology Solutions (NASDAQ:FIGR)‘s stock had its “buy” rating reiterated by analysts at Needham & Company LLC in a research note issued to investors on Friday,Benzinga reports. They currently have a $55.00 price objective on the stock. Needham & Company LLC’s target price points to a potential upside of 72.52% from the stock’s previous close.

Other research analysts also recently issued reports about the stock. Wall Street Zen downgraded shares of Figure Technology Solutions from a “hold” rating to a “sell” rating in a research report on Sunday, July 12th. Mizuho upped their price objective on Figure Technology Solutions from $45.00 to $55.00 and gave the company an “outperform” rating in a research report on Thursday, May 14th. Keefe, Bruyette & Woods cut their price target on shares of Figure Technology Solutions from $55.00 to $45.00 and set an “outperform” rating on the stock in a research note on Monday, July 13th. Piper Sandler lowered their target price on Figure Technology Solutions from $75.00 to $65.00 and set an “overweight” rating for the company in a research note on Wednesday, July 15th. Finally, Sanford C. Bernstein lifted their price target on Figure Technology Solutions from $67.00 to $70.00 and gave the stock an “outperform” rating in a research note on Thursday, August 6th. One 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’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $50.62.

Figure Technology Solutions Stock Performance

Shares of Figure Technology Solutions stock opened at $31.88 on Friday. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.20. The company has a 50 day moving average price of $29.20 and a 200 day moving average price of $33.93. Figure Technology Solutions has a 52 week low of $24.11 and a 52 week high of $78.00. The firm has a market capitalization of $5.82 billion and a P/E ratio of 54.97.

Figure Technology Solutions (NASDAQ:FIGR) last released its earnings results on Thursday, August 13th. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.11. The firm had revenue of $218.45 million during the quarter. Sell-side analysts expect that Figure Technology Solutions will post 0.92 EPS for the current year.

Insider Buying and Selling at Figure Technology Solutions

In other news, CEO Michael Benjamin Tannenbaum sold 14,871 shares of the business’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $37.27, for a total value of $554,242.17. Following the sale, the chief executive officer owned 3,193,641 shares of the company’s stock, valued at $119,027,000.07. The trade was a 0.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Minchung Kgil sold 9,117 shares of the company’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $30.06, for a total transaction of $274,057.02. Following the completion of the transaction, the chief financial officer owned 507,651 shares in the company, valued at approximately $15,259,989.06. This represents a 1.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 38,019 shares of company stock valued at $1,244,676 over the last quarter. Corporate insiders own 26.60% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Duquesne Family Office LLC acquired a new position in Figure Technology Solutions during the 3rd quarter worth approximately $76,989,000. Fred Alger Management LLC purchased a new stake in shares of Figure Technology Solutions during the fourth quarter worth $67,386,000. Pantera Capital Partners LP bought a new stake in Figure Technology Solutions during the 3rd quarter worth approximately $56,114,000. Balyasny Asset Management L.P. purchased a new position in shares of Figure Technology Solutions during the 3rd quarter valued at $36,087,000. Finally, Alliancebernstein L.P. purchased a new position in Figure Technology Solutions during the third quarter worth about $34,626,000.

Key Headlines Impacting Figure Technology Solutions

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

• Positive Sentiment: Q2 earnings beat estimates: Diluted EPS was $0.35 versus the $0.24 consensus estimate, while adjusted net revenue reached $218.4 million and GAAP net revenue totaled $225.6 million, up 113% year over year. Figure Technology Q2 Earnings Snapshot
• Positive Sentiment: Profitability and operating leverage improved significantly: Net income surged 192% to $87.4 million, with a 38.8% margin. Adjusted EBITDA rose 126% to $119.4 million, and the adjusted EBITDA margin expanded to 54.6%. Cash and cash equivalents increased 20% from year-end to $1.4 billion. Figure Technology Solutions Reports Strong Second Quarter 2026 Results
• Positive Sentiment: Marketplace growth accelerated: Consumer Loan Marketplace volume rose 132% year over year to $4.3 billion. Figure Connect accounted for $2.8 billion, or 65% of volume, supporting a more capital-light business model. The company added 102 origination partners, bringing the total to 489, and expects its Kiavi acquisition to close in the second half of 2026. FIGR Q2 2026 Earnings Call Transcript
• Positive Sentiment: Management provided constructive guidance: Figure projects third-quarter Consumer Loan Marketplace volume of $4.8 billion to $5.2 billion, with Connect expected to represent approximately 70% of volume. Figure Q3 Marketplace Volume Outlook
• Negative Sentiment: Take-rate pressure remains a risk: Net take rate declined to 3.6% from 4.0% a year earlier, suggesting pricing or competitive pressure despite strong volume growth.
• Negative Sentiment: Insider selling could temper sentiment: Recent reported insider activity showed sales without purchases, while investors continue to face risks tied to regulation, funding costs, credit performance and the pending Kiavi transaction.

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.