Figure Technology (FIGR) Hits All-Time High on 36% Price Target Upgrade

We recently published 10 Stock With Eye-Popping Gains; 5 Are on Fresh Highs. Figure Technology Solutions Inc. (NASDAQ:FIGR) was one of the top performers on Thursday.

Figure Technology climbed to a new all-time high on Thursday, as investors took heart from Piper Sandler’s 36 percent price target hike for its stock.

At intra-day trading, Figure Technology Solutions Inc. (NASDAQ:FIGR) surged to its highest price of $64.98 before trimming 2 cents to end the day up by 16.37 percent at $64.96 apiece.

In a market report, Piper Sandler raised its price target for Figure Technology Solutions Inc. (NASDAQ:FIGR) to $75 from $55 previously, while maintaining an “overweight” rating after reporting a 133.6 percent expansion in consumer loan marketplace volume in the fourth quarter of 2025, beating Piper Sandler’s projection by 20 percent.

Following the results, Piper Sandler 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 potential of FIGR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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