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Figure Technology Solutions, Inc. (FIGR)

Financial Services | Capital Markets | Reno, United States | NasdaqGS
36.05 USD -1.97 (-5.181%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 36.01 -0.04 (-0.040%) ⇩ (Aug. 28, 2026, 7:48 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★★☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 4:46 a.m. EDT

The immediate outlook is clouded by intense speculative selling pressure. Options data reveals a 'bearish wall' forming at strikes significantly below the current price, with traders pouring capital into put contracts while call activity remains thin. This suggests the market expects a sharp correction soon, likely triggered by the recent insider selling and the company's burning cash pile. Despite the short-term pain, the long-term business case remains compelling due to its explosive growth metrics. Revenue is up 120% and earnings are surging nearly four-fold, driven by the successful integration of the Kiavi acquisition. The company boasts a fortress-like return on equity of 26%, indicating efficient capital use, though it is currently trading at a premium valuation (P/S of 14x) that leaves little room for error. The disconnect between the soaring fundamentals and the crashing stock price creates a classic 'value trap' scenario where the market is punishing the stock for its volatility and insider sales, ignoring the underlying operational success. Investors should expect further volatility as the market digests the insider activity, but the core technology business appears to be executing flawlessly.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.139554
AutoETS0.151521
AutoARIMA0.152262
AutoTheta0.167979

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 33%
H-stat 3.78
Ljung-Box p 0.000
Jarque-Bera p 0.392
Excess Kurtosis -0.62
Attribute Value
Sector Financial Services
Debt to Equity Ratio 104.341
Revenue per Share 3.27
Market Cap 8,088,822,272
Trailing P/E 40.06
Forward P/E 24.25
Profit Margins 38.30%
Website https://www.figure.com

As of Aug. 22, 2026, 4:46 a.m. EDT: Speculators are aggressively positioning for a downside move in the near term, evidenced by massive open interest in out-of-the-money puts (strikes 28, 35.5, 32.5) compared to negligible call volume. While there is some speculative call buying at higher strikes (50, 80) for later expirations, the immediate sentiment is overwhelmingly bearish, with traders betting on a significant drop below current levels within weeks.


Info Dump

Attribute Value
52 Week Change 0.22211504
Address1 100 West Liberty Street
Address2 Suite 600
All Time High 78.0
All Time Low 24.11
Ask 39.52
Ask Size 2
Audit Risk 2
Average Analyst Rating 1.9 - Buy
Average Daily Volume10 Day 4,963,870
Average Daily Volume3 Month 4,024,637
Average Volume 4,024,637
Average Volume10Days 4,963,870
Bid 36.1
Bid Size 1
Board Risk 10
Book Value 6.319
City Reno
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 9
Country United States
Crypto Tradeable 0
Currency USD
Current Price 36.05
Current Ratio 1.861
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 38.0
Day Low 35.87
Debt To Equity 104.341
Earnings Call Timestamp End 1,786,624,200
Earnings Call Timestamp Start 1,786,624,200
Earnings Growth 3.375
Earnings Quarterly Growth 1.921
Earnings Timestamp 1,786,624,200
Earnings Timestamp End 1,794,486,600
Earnings Timestamp Start 1,794,486,600
Ebitda Margins 0.0
Enterprise To Revenue 13.125
Enterprise Value 8,125,741,056
Eps Current Year 1.31667
Eps Forward 1.48667
Eps Trailing Twelve Months 0.9
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 30.797
Fifty Day Average Change 5.2529984
Fifty Day Average Change Percent 0.17056851
Fifty Two Week Change Percent 22.211504
Fifty Two Week High 78.0
Fifty Two Week High Change -41.95
Fifty Two Week High Change Percent -0.5378205
Fifty Two Week Low 24.11
Fifty Two Week Low Change 11.939999
Fifty Two Week Low Change Percent 0.49523014
Fifty Two Week Range 24.11 - 78.0
Financial Currency USD
First Trade Date Milliseconds 1,757,597,400,000
Float Shares 139,441,872
Forward Eps 1.48667
Forward P E 24.248823
Free Cashflow -254,025,504
Full Exchange Name NasdaqGS
Full Time Employees 602
Fullday Change -1.97
Fullday Change Percent -5.18149
Fullday Price 36.01
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 1.0
Gross Profits 619,116,032
Has Pre Post Market Data 1
Held Percent Insiders 0.06346
Held Percent Institutions 0.78572
Implied Shares Outstanding 224,377,872
Industry Capital Markets
Industry Disp Capital Markets
Industry Key capital-markets
Ipo Expected Date 2,025-09-11
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Figure Technology Solutions, Inc., a financial technology company, provides blockchain-based products and solutions in the United States. The company offers a suite of blockchain-based solutions for its marketplaces, including lending, trading, and investing activities in areas, such as consumer credit and digital assets. It also provides technology-enabled loan origination system and pairs this system with a distribution marketplace; Figure Connect that provides access to a deep and broad pool of capital markets partners; and develops an exchange for digital assets and credit, which offers interest-bearing stablecoin deposits. The company was formerly known as FT Intermediate, Inc. and changed its name to Figure Technology Solutions, Inc. in August 2025. Figure Technology Solutions, Inc. was founded in 2018 and is based in Reno, Nevada.
Long Name Figure Technology Solutions, Inc.
Market us_market
Market Cap 8,088,822,272
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1881204319
Most Recent Quarter 1,782,777,600
Net Income To Common 191,359,008
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 8,530,846,692
Number Of Analyst Opinions 7
Open 37.615
Operating Cashflow -86,490,000
Operating Margins 0.35525
Overall Risk 10
Payout Ratio 0.0
Phone 917 789 8049
Post Market Change -0.040000916
Post Market Change Percent -0.110959545
Post Market Price 36.01
Post Market Time 1,787,960,902
Previous Close 38.02
Price Eps Current Year 27.379679
Price Hint 2
Price To Book 5.7050166
Price To Sales Trailing12 Months 13.065115
Profit Margins 0.38301
Quick Ratio 1.187
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.85714
Region US
Regular Market Change -1.97
Regular Market Change Percent -5.18149
Regular Market Day High 38.0
Regular Market Day Low 35.87
Regular Market Day Range 35.87 - 38.0
Regular Market Open 37.615
Regular Market Previous Close 38.02
Regular Market Price 36.05
Regular Market Time 1,787,947,201
Regular Market Volume 2,488,743
Return On Assets 0.05061
Return On Equity 0.26121
Revenue Growth 1.208
Revenue Per Share 3.27
Sand P52 Week Change 0.20504117
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 10
Shares Outstanding 185,672,153
Shares Percent Shares Out 0.051599998
Shares Short 11,587,012
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 11,565,440
Short Name Figure Technology Solutions, In
Short Percent Of Float 0.066599995
Short Ratio 3.33
Source Interval 15
State NV
Symbol FIGR
Target High Price 70.0
Target Low Price 31.0
Target Mean Price 52.0
Target Median Price 55.0
Total Cash 1,437,511,040
Total Cash Per Share 6.407
Total Debt 1,474,456,960
Total Revenue 619,116,032
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 0.9
Trailing P E 40.055557
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 36.970776
Two Hundred Day Average Change -0.92077637
Two Hundred Day Average Change Percent -0.02490552
Type Disp Equity
Volume 2,488,743
Website https://www.figure.com
Zip 89,501