Bernstein: Maintains "Outperform" rating on Figure with a target price of $72

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

According to previous reports, in the fourth quarter of 2025, Figure's consumer loan marketplace transaction volume reached $2.7 billion, up 131% year-on-year. Net income increased by 91% year-on-year. Adjusted net income was $158 million, up 106% from the fourth quarter of 2024. Net profit increased by 156% year-on-year to $15 million.

For the full year 2025, the company's net profit increased by 574% year-on-year to $134 million, and net income increased by 49% year-on-year to $507 million. Its consumer loan marketplace annual transaction volume was $8.4 billion, up 63% year-on-year.