Needham & Company LLC Cuts Figure Technology Solutions (NASDAQ:FIGR) Price Target to $55.00

Figure Technology Solutions (NASDAQ:FIGR) had its price objective decreased by Needham & Company LLC from $71.00 to $55.00 in a research note published on Friday,Benzinga reports. Needham & Company LLC currently has a buy rating on the stock.

Several other research analysts also recently commented on the stock. Keefe, Bruyette & Woods raised shares of Figure Technology Solutions from a “moderate buy” rating to a “strong-buy” rating in a research note on Thursday, February 19th. Piper Sandler upped their price objective on shares of Figure Technology Solutions from $55.00 to $75.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 14th. Zacks Research cut shares of Figure Technology Solutions from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 4th. The Goldman Sachs Group raised their target price on shares of Figure Technology Solutions from $51.00 to $58.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. Finally, Bank of America cut shares of Figure Technology Solutions from a “neutral” rating to an “underperform” rating and set a $42.00 price target for the company. in a research report on Tuesday, February 3rd. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $57.50.

Figure Technology Solutions Stock Performance

Shares of NASDAQ FIGR opened at $25.28 on Friday. Figure Technology Solutions has a fifty-two week low of $25.09 and a fifty-two week high of $78.00. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.26 and a current ratio of 2.26. The stock has a market capitalization of $4.45 billion and a P/E ratio of 74.35. The business has a 50 day simple moving average of $48.01.

Figure Technology Solutions (NASDAQ:FIGR) last announced its quarterly earnings data on Thursday, February 26th. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.07). The business had revenue of $157.63 million during the quarter, compared to the consensus estimate of $158.00 million. The business’s quarterly revenue was up 90.7% on a year-over-year basis.

Figure Technology Solutions announced that its Board of Directors has authorized a stock repurchase program on Thursday, February 26th that allows the company to repurchase $200.00 million in shares. This repurchase authorization allows the company to reacquire up to 3.3% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board believes its shares are undervalued.

Insider Buying and Selling at Figure Technology Solutions

In related news, Director June Ou sold 200,058 shares of the company’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $39.40, for a total value of $7,882,285.20. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider David Todd Stevens sold 40,000 shares of the firm’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $35.22, for a total value of $1,408,800.00. Following the completion of the transaction, the insider owned 489,000 shares of the company’s stock, valued at approximately $17,222,580. The trade was a 7.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 749,193 shares of company stock worth $27,947,547 in the last three months.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Invesco Ltd. lifted its position in shares of Figure Technology Solutions by 66.5% during the 4th quarter. Invesco Ltd. now owns 1,165,385 shares of the company’s stock valued at $47,594,000 after buying an additional 465,606 shares in the last quarter. Alpine Woods Capital Investors LLC purchased a new stake in Figure Technology Solutions in the 4th quarter worth $1,897,000. Prana Capital Management LP acquired a new position in Figure Technology Solutions during the fourth quarter worth $2,617,000. Quadrature Capital Ltd purchased a new position in Figure Technology Solutions during the fourth quarter valued at $4,022,000. Finally, Concentric Capital Strategies LP acquired a new stake in shares of Figure Technology Solutions in the fourth quarter valued at about $15,467,000.

Key Figure Technology Solutions News

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

• Positive Sentiment: Strategic entry into auto lending — Figure announced a partnership with Agora Data to bring AI‑driven auto finance assets onto Figure Connect and to launch a blockchain-based auto‑loan platform, expanding the company beyond housing finance into a large new addressable market. Agora Data and Figure Technologies Announce Partnership
• Positive Sentiment: $200M share repurchase program — Figure authorized a $200 million buyback alongside its Q4 results, which is typically supportive of the stock by reducing float and signaling management confidence. Q4 Results & Repurchase Program
• Positive Sentiment: Blockchain innovation milestone — Figure and BitGo completed what they call the first fully on‑chain equity trade (issuing, trading and settling shares on‑chain), underscoring Figure’s technology differentiation that supporters argue can create new revenue streams. On‑Chain Equity Trade with BitGo
• Positive Sentiment: Capital‑light growth / unit economics guidance — Management outlined a capital‑light strategy with an expected net take rate of ~3.5%–4%, which, if achieved, supports scalable revenue and margin story. Capital‑Light Growth Strategy
• Positive Sentiment: Unusual bullish options activity — Reports show heavy call buying volume, which can reflect short‑term bullish positioning by traders and may amplify intraday moves. High Volume of Call Options
• Neutral Sentiment: Analyst bullish views remain despite cuts — Some independent writeups (e.g., Seeking Alpha) reiterate buy ratings focused on expanding loan types and blockchain moat; these are opinion pieces that may influence investor sentiment but are not formal coverage changes. Seeking Alpha Buy Thesis
• Negative Sentiment: Analyst price‑target reductions — Keefe, Bruyette & Woods and Needham lowered targets to $55 (from $62 and $71 respectively) today; both maintained buy/outperform ratings, but the cuts signal reduced near‑term upside expectations and likely pressured the stock. Benzinga: Analyst Price Target Changes
• Negative Sentiment: Q4 EPS miss — Figure reported $0.06 EPS vs. $0.13 consensus (miss) and revenue $157.6M vs. $158M estimate. Revenue grew ~90.7% y/y (positive for growth story), but the EPS shortfall is a clear near‑term catalyst for selling pressure. Q4 Earnings Snapshot

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.