Bernstein: Maintains Figure's "Outperform" Rating and $72 Price Target

BlockBeats News, February 27th, according to The Block, Bernstein analysts stated that after Figure announced its fourth-quarter performance, they are "more bullish" on the company, describing the performance as "robust," and maintaining an "outperform" rating with a target price of $72. Figure's stock price fell 1.8% on the day to $34.04. Based on this calculation, there is still about 111% upside potential compared to the analyst's target price. The stock has dropped 45.8% in the past month.

Previously reported, in Figure's fourth quarter of 2025, the consumer loan market transaction volume reached $2.7 billion, a 131% increase from the same period last year. Net revenue grew by 91% year on year. Adjusted net revenue was $158 million, a 106% increase from the fourth quarter of 2024. Net profit increased by 156% year on year to $15 million. For the full year of 2025, the company's net profit increased by 574% to $134 million year on year, and net revenue increased by 49% to $507 million. Its consumer loan market's annual transaction volume was $8.4 billion, a 63% year-on-year increase.

In addition, the Figure board has authorized a share repurchase plan, allowing the company to repurchase up to $200 million of Class A common stock and blockchain common stock in the next 12 months.