Figure Technology (FIGR) Soars to All-Time High as Analyst Hikes PT by 16%

We recently published 10 Firms Making Effortless 10-40% Gains. Figure Technology Solutions Inc. (NASDAQ:FIGR) was one of the top performers on Friday.

Figure Technology soared to a new all-time high on Friday, as investors loaded portfolios following an investment firm’s 16 percent price target upgrade for its stock.

At intra-day trading, Figure Technology Solutions Inc. (NASDAQ:FIGR) soared to its highest price of $76.57 before paring gains to finish the day just up by 13.86 percent at $73.91 apiece.

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The rally followed Mizuho’s price target hike for the company to $64 from $54 previously, while maintaining an outperform rating. The stock price, however, was notably lower than its closing prices in the past two trading days.

Apart from Mizuho, Figure Technology Solutions Inc. (NASDAQ:FIGR) also earned a price target upgrade of $75 from Piper Sandler, versus $55 previously, while maintaining an overweight rating.

Piper Sandler’s coverage was based on Figure Technology Solutions Inc.’s (NASDAQ:FIGR) 133.6 percent expansion in consumer loan marketplace volume in the fourth quarter of 2025, beating the investment firm’s projection by 20 percent.

Piper Sandler also raised its earnings per share estimate for the company by 34 percent in the fourth quarter of the year, and by 18 percent for the years 2026 and 2027.

In other news, Figure Technology Solutions Inc. (NASDAQ:FIGR) officially launched the On-Chain Public Equity Network, which allows companies to list their equity native on blockchain.

Unlike other tokenization efforts, OPEN equities are blockchain-registered, not a tokenized version of Depository Trust and Clearing Corporation securities. The equities will trade on a limit order book using Figure’s Alternative Trading System, opening the door for continuous trading. Shareholders will be able to use Figure’s Democratized Prime, a decentralized finance protocol to borrow against and lend out their stock, disintermediating the role prime brokers traditionally play.

While we acknowledge the risk and potential of FIGR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than FIGR and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.