Figure Technology Solutions (NASDAQ:FIGR) Sets New 12-Month Low – Here’s What Happened

Posted by on Oct 15th, 2026

Figure Technology Solutions, Inc. (NASDAQ:FIGR – Get Free Report) reached a new 52-week low during trading on Thursday. The company traded as low as $24.10 and last traded at $24.9390, with a volume of 447,295 shares changing hands. The stock had previously closed at $25.05.

Analysts Set New Price Targets

A number of analysts recently issued reports on FIGR shares. Needham & Company LLC reissued a “buy” rating on shares of Figure Technology Solutions in a research report on Wednesday, October 7th. The Goldman Sachs Group set a $41.00 price target on shares of Figure Technology Solutions in a research note on Wednesday, October 7th. Zacks Research upgraded Figure Technology Solutions from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 17th. Piper Sandler reduced their price target on shares of Figure Technology Solutions from $75.00 to $65.00 and set an “overweight” rating for the company in a research report on Wednesday, July 15th. Finally, Wall Street Zen upgraded shares of Figure Technology Solutions from a “sell” rating to a “hold” rating in a research report on Saturday, August 15th. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $53.57.

View Our Latest Research Report on FIGR

Figure Technology Solutions Stock Performance

The firm has a market cap of $4.73 billion and a PE ratio of 27.15. The stock has a 50-day moving average price of $32.98 and a 200 day moving average price of $32.52. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.86 and a quick ratio of 1.86.

Figure Technology Solutions (NASDAQ:FIGR – Get Free Report) last issued its quarterly earnings results on Thursday, August 13th. The company reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.11. Figure Technology Solutions had a return on equity of 18.90% and a net margin of 33.45%. The firm had revenue of $218.45 million for the quarter. Research analysts forecast that Figure Technology Solutions, Inc. 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 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 owned 376,599 shares in the company, valued at approximately $11,817,676.62. This trade represents a 11.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through 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 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 owned 483,651 shares of the company’s stock, valued at approximately $18,712,457.19. This trade represents a 1.63% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 63,650 shares of company stock worth $2,037,417 over the last three months. 26.60% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Figure Technology Solutions

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Fred Alger Management LLC acquired a new stake in Figure Technology Solutions in the fourth quarter valued at approximately $67,386,000. Granahan Investment Management LLC raised its stake in shares of Figure Technology Solutions by 40.6% during the first quarter. Granahan Investment Management LLC now owns 935,400 shares of the company’s stock valued at $31,757,000 after purchasing an additional 269,882 shares during the period. Maplelane Capital LLC purchased a new stake in shares of Figure Technology Solutions during the first quarter valued at approximately $23,120,000. Concentric Capital Strategies LP acquired a new position in shares of Figure Technology Solutions during the fourth quarter worth $15,467,000. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. boosted its stake in shares of Figure Technology Solutions by 13.6% in the first quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. now owns 446,481 shares of the company’s stock valued at $15,158,000 after purchasing an additional 53,434 shares during the period.

About Figure Technology Solutions

(Get Free Report)

Figure Technology Solutions, Inc is a financial technology company that develops blockchain- and artificial intelligence-enabled solutions for lending and financial services. The company’s technology is designed to support the origination, servicing, financing and trading of financial assets through more efficient digital processes.

Figure’s business activities have included home equity lending, personal lending, mortgage-related services and financial asset marketplaces. Its platform has also been used to facilitate the issuance and transfer of loans and other financial products, with blockchain technology intended to improve transparency, settlement and recordkeeping.

The company was founded by Mike Cagney, who previously co-founded Social Finance, Inc (SoFi), and Figure has operated primarily in the United States.

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