Figure Technology Solutions: Early Leader in Tokenized Credit and Equities With Scalable Marketplace Model Supports Outperform Rating and $72 Target

Figure Technology Solutions, Inc. Class A, the Financial sector company, was revisited by a Wall Street analyst today. Analyst Gautam Chhugani from Bernstein maintained a Buy rating on the stock and has a $72.00 price target.

Gautam Chhugani has given his Buy rating due to a combination of factors tied to Figure Technology Solutions’ differentiated tokenization strategy and its early lead in digital credit markets. He highlights that Figure’s blockchain-enabled, largely automated lending and distribution model sharply lowers operating costs and speeds up loan processing, allowing the company to profitably originate even smaller-balance loans. With roughly 250 partners already onboarded, Figure has built a scaled distribution network that can be leveraged to cross-sell HELOCs and other emerging loan products, and its marketplace-based funding model (Figure Connect) offers lenders faster, cheaper, and more efficient execution than traditional balance-sheet-centric approaches.
Chhugani also points to Figure’s expansion beyond credit into tokenized equities via its OPEN framework, supported by a full technology stack (including Democratized Prime, YLDS, and Figure Exchange) that can serve institutional liquidity and equity-collateralized lending, potentially carving out a new niche similar to its credit franchise. Despite a strong year-to-date share price increase, he views the risk/reward as attractive, citing the combination of continued HELOC share gains in a largely uncontested tokenization niche, large addressable opportunities in new consumer and small business loan categories, structurally improving margins from the marketplace model, and incremental upside from scaling equity tokenization and prime services. These drivers underpin his Outperform rating and $72 price target on FIGR.

In another report released on January 25, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $71.00 price target.

Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FIGR in relation to earlier this year.