Figure Technology Solutions (NASDAQ:FIGR) Shares Gap Down on Disappointing Earnings

Figure Technology Solutions, Inc. (NASDAQ:FIGR) shares gapped down before the market opened on Friday following a weaker than expected earnings announcement. The stock had previously closed at $34.04, but opened at $30.89. Figure Technology Solutions shares last traded at $28.35, with a volume of 4,319,057 shares.

The company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.07). The firm had revenue of $157.63 million during the quarter, compared to the consensus estimate of $158.00 million. Figure Technology Solutions’s quarterly revenue was up 90.7% compared to the same quarter last year.

Figure Technology Solutions News Summary

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

• Positive Sentiment: Strategic partnership to enter auto lending expands addressable market and Figure Connect use cases — Agora Data deal brings AI-driven auto finance assets to Figure’s tokenized marketplace, opening a pathway into a large consumer-credit market. Figure Announces Strategic Partnership with Agora Data
• Positive Sentiment: Agora Data + Figure jointly launching the first blockchain-based auto-loan platform signals expansion of tokenized real‑world assets beyond mortgages and HELOCs, supporting future origination and securitization volume growth. Agora Data and Figure Launch Auto‑Loan Platform
• Positive Sentiment: Board authorized a $200 million share repurchase program — a direct capital-return lever that can support the stock if management executes repurchases. Q4 Results & Repurchase Program
• Positive Sentiment: Technology validation — Figure completed the world’s first fully on‑chain equity trade with BitGo, reinforcing its blockchain-native differentiation that investors who value innovation may reward. On‑Chain Equity Trade with BitGo
• Neutral Sentiment: Q4 revenue grew ~90.7% year-over-year to $157.6M, demonstrating strong top-line momentum even as profitability metrics missed estimates; investors will parse quality of growth versus margins. Q4 Earnings Report
• Neutral Sentiment: Analyst and investor commentary is mixed: bullish writeups highlight expanding loan types and tokenization roadmap into auto loans, which could be multi‑year catalysts. Seeking Alpha Buy Thesis
• Positive Sentiment: Options flow shows heavy call buying, indicating speculative or institutional bullish positioning ahead of/after the print. High Call Option Volume
• Negative Sentiment: EPS missed consensus ($0.06 vs $0.13 expected), which is the primary near‑term driver of downward pressure as investors re‑weigh profit conversion and near‑term margins. Earnings Miss Coverage
• Negative Sentiment: Needham cut its 12‑month price target from $71 to $55 (still a Buy) — a reduced analyst upside view that can temper momentum and lead some holders to trim positions. Needham Price Target Cut

Wall Street Analysts Forecast Growth

Several research firms have weighed in on FIGR. Sanford C. Bernstein raised their target price on Figure Technology Solutions from $54.00 to $72.00 and gave the company an “outperform” rating in a report on Tuesday, January 13th. Zacks Research downgraded Figure Technology Solutions from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 4th. Piper Sandler boosted 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. Texas Capital raised shares of Figure Technology Solutions to a “strong-buy” rating in a report on Thursday, January 29th. Finally, Needham & Company LLC dropped their target price on shares of Figure Technology Solutions from $71.00 to $55.00 and set a “buy” rating on the stock in a report on Friday. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $56.63.

Insider Transactions at Figure Technology Solutions

In related news, CFO Minchung Kgil sold 32,994 shares of the company’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $35.05, for a total value of $1,156,439.70. Following the sale, the chief financial officer owned 584,155 shares of the company’s stock, valued at $20,474,632.75. The trade was a 5.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director June Ou sold 200,058 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $39.40, for a total transaction of $7,882,285.20. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 723,136 shares of company stock worth $27,113,723.

Hedge Funds Weigh In On Figure Technology Solutions

Hedge funds and other institutional investors have recently modified their holdings of the stock. Global Retirement Partners LLC bought a new stake in Figure Technology Solutions in the fourth quarter valued at $25,000. Wells Fargo & Company MN boosted its stake in shares of Figure Technology Solutions by 3.5% in the 4th quarter. Wells Fargo & Company MN now owns 18,429 shares of the company’s stock valued at $753,000 after purchasing an additional 616 shares in the last quarter. Strs Ohio bought a new stake in shares of Figure Technology Solutions in the 4th quarter worth about $34,000. MetLife Investment Management LLC bought a new position in Figure Technology Solutions during the 4th quarter valued at about $35,000. Finally, Flagship Harbor Advisors LLC acquired a new position in Figure Technology Solutions in the fourth quarter valued at about $40,000.

Figure Technology Solutions Stock Down 19.8%

The stock has a market capitalization of $4.81 billion and a P/E ratio of 80.32. The firm has a fifty day moving average of $48.35. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.26 and a current ratio of 2.26.

Figure Technology Solutions Company Profile

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.