Figure Technology Solutions (NASDAQ:FIGR) Upgraded by Bank of America to “Neutral” Rating

Posted by Brenda Bartman on Sep 9th, 2026

Figure Technology Solutions (NASDAQ:FIGR – Get Free Report) was upgraded by analysts at Bank of America from an “underperform” rating to a “neutral” rating in a research report issued to clients and investors on Wednesday, MarketBeat.com reports. The brokerage presently has a $49.00 target price on the stock. Bank of America‘s price target would indicate a potential upside of 28.07% from the company’s previous close.

FIGR has been the topic of several other research reports. Needham & Company LLC restated a “buy” rating and issued a $55.00 target price on shares of Figure Technology Solutions in a report on Thursday, August 20th. Piper Sandler dropped their price objective on Figure Technology Solutions from $75.00 to $65.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 15th. Keefe, Bruyette & Woods cut their target price on Figure Technology Solutions from $55.00 to $45.00 and set an “outperform” rating on the stock in a research report on Monday, July 13th. Sanford C. Bernstein lifted their target price on Figure Technology Solutions from $67.00 to $70.00 and gave the stock an “outperform” rating in a report on Thursday, August 6th. Finally, Weiss Ratings raised Figure Technology Solutions from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, August 21st. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $52.88.

View Our Latest Analysis on Figure Technology Solutions

Figure Technology Solutions Trading Up 6.4%

Shares of FIGR stock opened at $38.26 on Wednesday. Figure Technology Solutions has a 1-year low of $24.11 and a 1-year high of $78.00. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.22. The stock has a market cap of $7.10 billion and a price-to-earnings ratio of 41.14. The stock has a 50-day moving average of $32.16 and a 200-day moving average of $32.74.

Figure Technology Solutions (NASDAQ:FIGR – Get Free Report) last announced its earnings results on Thursday, August 13th. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.24 by $0.11. The business had revenue of $218.45 million for the quarter. Figure Technology Solutions had a return on equity of 18.90% and a net margin of 33.45%. On average, equities research analysts forecast that Figure Technology Solutions will post 1.18 earnings per share for the current year.

Insider Activity

In other news, insider David Stevens sold 47,650 shares of the firm’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $31.38, for a total value of $1,495,257.00. Following the completion of the sale, the insider directly owned 376,599 shares in the company, valued at $11,817,676.62. This trade represents a 11.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Minchung Kgil sold 8,000 shares of the business’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $38.69, for a total value of $309,520.00. Following the completion of the sale, the chief financial officer directly owned 483,651 shares of the company’s stock, valued at $18,712,457.19. The trade was a 1.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 80,767 shares of company stock valued at $2,542,154. 26.60% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Figure Technology Solutions

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Duquesne Family Office LLC acquired a new position in Figure Technology Solutions during the 3rd quarter valued at about $76,989,000. Fred Alger Management LLC purchased a new stake in shares of Figure Technology Solutions in the fourth quarter worth approximately $67,386,000. Pantera Capital Partners LP bought a new position in shares of Figure Technology Solutions in the third quarter valued at approximately $56,114,000. California State Teachers Retirement System lifted its holdings in shares of Figure Technology Solutions by 62,565.2% in the second quarter. California State Teachers Retirement System now owns 1,190,013 shares of the company’s stock valued at $38,750,000 after purchasing an additional 1,188,114 shares in the last quarter. Finally, Balyasny Asset Management L.P. purchased a new position in shares of Figure Technology Solutions during the third quarter valued at approximately $36,087,000.

Figure Technology Solutions Company Profile

(Get Free Report)

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.