Mizuho raises PT on blockchain lender Figure

Figure Technology Solutions

17/11/2025 16:44

Updates

** Shares of blockchain lender Figure Technology Solutions FIGR.O up about 11% at $44.64 in mid-day trading

** Mizuho raises FIGR PT to $56 from $47, 39.2% upside to stock's last close

** Brokerage says company is showing rapid growth, strong margins and operating efficiency - key indicators of scalable and profitable business

** FIGR's total consumer loan volume reached $2.5 billion in Q3, up 70% year-over-year, driven by strong partner channel growth to 246 partners from 168 in S-1 filing

** Company's adjusted EBITDA margin expanded to 55.4% from 44.9% a year ago

** Brokerage expects stock to appreciate based on strong KPIs, scalability and margin expansion

** BofA also raised FIGR's PT to $47 from $41

** Six of eight brokerages rate stock "buy" or higher and two "hold"; median PT $49.75 - data compiled by LSEG

** As of last close, stock was up 10.5% from IPO price since debut in September

 (Reporting by Anuj T in Bengaluru)

 ((anuj.t@thomsonreuters.com))