Figure Technology rises on Needham's PT and EPS forecast upgrade
ReutersJan 16, 2026 3:29 PM
Shares of blockchain lender Figure Technology Solutions FIGR.O rise 9.77% to $71.26
Needham raises FIGR's target price to $71 from $51
Raises 2026 EPS forecast to 73 cents from 62 cents and 2027 forecast to $1 from 90 cents
Brokerage expects co's Home Equity Lines of Credit activity to remain strong and potentially increase
"Consumer loan marketplace volumes came in well above our prior estimates for Q4" - brokerage on estimate upgrade
Including session moves, stock has almost doubled since its debut in September
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