$FIGR

TD Cowen reports limited U.S. demand for tokenized stocks due to existing efficient markets and operational complexities. The SEC's five-year exemption allows tokenized trading of NMS stocks, but issuers and investors show little interest. Figure's tokenized shares saw minimal trading compared to its Nasdaq-listed stock. Perpetual futures show stronger demand than spot stock tokens, with platforms like Coinbase planning to offer them.

Figure Technology Solutions (FIGR) partnered with Sierra to deploy an AI agent aimed at increasing the completion rate of home equity loan applications. The agent, built on Sierra's Horizon platform, improved loan conversion rates by 30-52% in a pilot program. Figure reported strong Q2 2026 growth with $4.3B in loan volume and $226M in revenue, but noted risks including a declining net take rate and market dependence on HELOC and home values.

Figure Technology Solutions (FIGR) CFO Minchung Kgil exercised 20,746 stock options at $4.82 per share, acquiring 20,746 Class A shares. Her direct holdings increased to 481,067 shares, with 654,254 options remaining. No trading plan was reported.

Analysts upgraded five companies: Barclays raised Sagimet Biosciences (SGMT) to Overweight, targeting $18. B of A upgraded Figure Technology (FIGR) to Neutral, targeting $49. UBS upgraded Illumina (ILMN) to Buy, targeting $260. Wells Fargo upgraded Martin Marietta (MLM) to Overweight, targeting $609. UBS also upgraded Waters (WAT) to Buy, targeting $490.

Analysts made several rating changes: TD Cowen initiated Faeth Therapeutics as buy, Barclays upgraded Sagimet Biosciences to overweight, JPMorgan upgraded Lithium Americas to overweight, and more. Price targets were also adjusted for companies like Affirm, Robinhood, and First Solar.

Figure Technology Solutions (FIGR) stock rose 1.7% in pre-market trading after BofA Securities upgraded its rating to Neutral from Underperform and raised its price target to $49 from $31. The upgrade reflects improved revenue growth outlook and strong performance of Figure Connect, its consumer credit marketplace. The stock is still below its 52-week high of $78.

Figure Technology Solutions, Inc. (FIGR) filed an SEC Form 8-K — Completion of Acquisition or Disposition of Assets. Item 2.01 Completion of Acquisition or Disposition of Assets. On September 1, 2026, Figure Technology Solutions, Inc. (the “Company”) completed its previously announced acquisition of Kiavi, Inc., a Delaware corporation (“Kiavi”), pursuant to the Agreement and Plan of Merger, dat

Figure's YLDS, a digital security, is now accepted as collateral on EDX Markets, an institutional crypto trading platform. YLDS offers yield and liquidity, pegged to the US dollar, with a 3.3% yield. EDX will also hold YLDS as a treasury asset. According to Figure, YLDS has a market value of over $677 million.

Figure CEO Michael Tannenbaum says his company is ready to fill the void left by potential changes at Fannie Mae and Freddie Mac. Figure reported Q2 consumer loan volume of $4.3B, up 132% YoY, with net income up 192% to $87M on revenue of $226M. The Kiavi acquisition expands Figure's market share in business purpose lending.

Figure Technology Solutions (FIGR) rose 8.4% today, driven by strong Q2 results. Revenue increased 113% YoY to $225.6M, net income up 192% to $87.4M. Marketplace volume reached $4.3B, up 132%. Management highlighted growth and pending Kiavi acquisition. Insiders sold shares; hedge funds showed mixed activity. Analysts' median price target is $55.0.