Figure Technology Solutions, Inc. Class A (FIGR) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Figure Technology Solutions, Inc. Class A stock $15.61, price $22.73, that is 31.3% below the price, quality 64 out of 100. Rating: overvalued. Calculated from audited financials with 11 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
14‑month range $20.90 – $73.91 · fair‑value band $10.16 – $24.33 · the $22.73 price screens above the $15.61 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Figure Technology Solutions, Inc., a financial technology company, provides blockchain-based products and solutions in the United States.
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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.
Stock analysis
Figure Technology Solutions, Inc. Class A (FIGR) currently trades at $22.73, while our model-based Fair Value estimate is $15.61, 31% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of $26.19 per share, and 4 of the 11 models we run sit above the $22.73 price.
Bear case: the Asset-Based group reads lowest at $3.12, and 7 of the 11 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $10.16 (bear) to $24.33 (bull), the price of $22.73 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 64/100 (solid quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Figure Technology Solutions, Inc. Class A Common Stock reported revenue of $457M in FY2025 versus $167M in FY2023, a compound +65.5%/yr. Reported net income was $134M in FY2025.
Key figures
Market cap $5.6B Mid · P/E ratio 27.3 · P/S ratio 7.98 · EPS (TTM) $0.9300 · Net margin 29.3% · Return on equity 26.1% · Return on assets (EBIT) 0.2% (3-year average) · Operating margin 35.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 80 out of 100 (low confidence).
What moves the price
The share trades about 69% below its 52-week high and 9% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −11% fair-value upside, at −31%, FIGR screens richer than that median.
Fair Value models
Bear$10.16Fair Value $15.61Bull$24.33
Price $22.73 · Downside -31.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($0.7975 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
In the last 6 months, 5 officers or directors sold shares worth $8.1M and none bought.
SaleMinchung KgilChief Financial Officer10× since Dec 2, 2025: 190,111 shares, avg. $34.32$6.5MAug 24, 2026
SaleDavid Todd StevensChief Capital Officer6× since Nov 18, 2025: 293,979 shares, avg. $36.07$10.6MAug 14, 2026
SaleMichael Benjamin TannenbaumChief Executive Officer, Director5× since Nov 18, 2025: 1,388,559 shares, avg. $37.55$52.1MMay 20, 2026
SaleMichael Scott CagneyDirector, 10% owner4× since Nov 20, 2025: 1,053,088 shares, avg. $36.31$38.2MMay 13, 2026
SaleJune OuDirector, 10% owner4× since Nov 20, 2025: 1,053,088 shares, avg. $36.31$38.2MMay 13, 2026
SaleSachin Chand JaitlyDirector216,713 shares at $33.64$7.3MMar 10, 2026
BuyDavid K ChaoDirector4,000 shares at $38.26$153,040Dec 5, 2025
Plus 15 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.91/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: only 3 usable fiscal years, at least 4 required
not computed
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+37.9%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+41.5%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +34.7% a year for the price and +38.2% for the forecasts.
AI conclusion: The blockchain-native marketplace with capital-light Figure Connect as main growth driver forms the core strength, while high leverage and thin evidence on durable capabilities mark the key weaknesses.
Main risk: Named digital lenders such as Better.com with one-day HELOC approvals or SoFi and Rocket Mortgage with stronger balance sheets and promotional offers could capture originators and force Figure to lower fees on its blockchain marketplace or Figure Connect.
Bull case: Figure could leverage its full-stack blockchain and regulatory licenses to partner with or acquire rivals and expand Figure Connect into new asset classes faster than competitors.
Bear case: Rivals matching blockchain efficiencies or tighter digital-asset rules could cause Figure's capital-light marketplace volumes to stagnate while integration of acquired assets like Kiavi could add costs without margin gains.
Figure runs a blockchain-native marketplace linking loan originators to capital providers for tokenized consumer credit, with its capital-light Figure Connect now driving most volume growth. The September completion of the Kiavi acquisition expands it into residential transition loans. Will the on-chain efficiencies and AI tools for origination deliver more margin gains than the added complexity of integrating new asset classes?
Compare Figure Technology Solutions, Inc. Class A Common Stock with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Capital Markets · 384 stocks
Beats the industry median on 6/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score64 · Above median
Fair Value upside−31.3% · Below median
Profitability
Return on equity (12 months)26.1% · Top 25%
Return on assets5.8% · Top 25%
Net margin (12 months)38.3% · Above median
Operating margin (12 months)35.5% · Above median
Growth and dividend
Revenue growth (quarter YoY)120.8% · Top 25%
Balance sheet
Debt / equity0.19× · Above median
Valuation Multiplesvs Capital Markets median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Figure Technology Solutions, Inc. Class A Common Stock Fair Value". https://www.fairvalue-calculator.com/stock/FIGR
Frequently asked questions
Is Figure Technology Solutions, Inc. Class A (FIGR) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of $15.61 versus a price of $22.73, about 31% lower (overvalued).
What is the fair value of FIGR?
Our model-based fair value for Figure Technology Solutions, Inc. Class A is $15.61 (as of Nov 7, 2026), built from audited fundamentals. The current price: $22.73.
What is the quality score of FIGR?
Figure Technology Solutions, Inc. Class A has a Quality Score of 64/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Figure Technology Solutions, Inc. Class A (FIGR)?
Our model-based price target is the fair value of $15.61 (as of Nov 7, 2026) from 11 valuation models. Cautious scenario $10.16, optimistic scenario $24.33. It is a calculation from audited fundamentals, not an analyst target.
What is the Figure Technology Solutions, Inc. Class A Common Stock stock forecast for 2026?
Our models put fair value at $15.61, about 31% lower versus a price of $22.73 (overvalued). Cautious scenario $10.16, optimistic scenario $24.33. The calculation is refreshed regularly with new filings.
What is the revenue of Figure Technology Solutions, Inc. Class A (FIGR)?
Figure Technology Solutions, Inc. Class A reported trailing-twelve-month revenue of about $619M (latest available figure, as of Nov 7, 2026).
What growth is priced into Figure Technology Solutions, Inc. Class A (FIGR)?
For today's price to be fair in a discounted-cash-flow model, Figure Technology Solutions, Inc. Class A would have to grow free cash flow by +37.9 % per year for five years (discount rate 9.7 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 2 years revenue grew +65.5 % per year. As of Nov 7, 2026.
What discount rate (WACC) does the fair value of FIGR use?
Our models discount Figure Technology Solutions, Inc. Class A at 9.7 %: a base by market capitalisation (mid), country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Figure Technology Solutions, Inc. Class A that is +37.9 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.7 %) and the same formula as our fair value.
How much growth has Figure Technology Solutions, Inc. Class A (FIGR) delivered so far?
Over the past 2 years revenue at Figure Technology Solutions, Inc. Class A grew +65.5 % a year. The price currently implies free-cash-flow growth of +37.9 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Figure Technology Solutions, Inc. Class A (FIGR) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into Figure Technology Solutions, Inc. Class A (+37.9 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Figure Technology Solutions, Inc. Class A (FIGR)?
The free-cash-flow yield on the price is 1.11 %: that much free cash flow Figure Technology Solutions, Inc. Class A produces per unit of market value. When it exceeds the discount rate of our models (9.7 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Figure Technology Solutions, Inc. Class A (FIGR)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Figure Technology Solutions, Inc. Class A it is $15.61 per share (as of Nov 7, 2026), against a price of $22.73. It is the blended result of 11 valuation models in 6 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is Figure Technology Solutions, Inc. Class A Common Stock stock overvalued or undervalued in 2026?
As of Nov 7, 2026, FIGR trades above its calculated fair value: price $22.73, fair value $15.61, a gap of about −31% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of FIGR?
No. The price is what the market pays today ($22.73); the fair value is what the company's own numbers justify ($15.61). For Figure Technology Solutions, Inc. Class A the two are $7.12 per share apart. That gap is exactly why we show both numbers side by side.
How much is Figure Technology Solutions, Inc. Class A Common Stock worth?
The market values Figure Technology Solutions, Inc. Class A at about $5.6B (market capitalisation, as of Nov 7, 2026). Per share that is $22.73; our models calculate a fair value of $15.61 per share.
What do the bullish and bearish scenarios say about FIGR?
Our models span a range for Figure Technology Solutions, Inc. Class A: cautious scenario $10.16, base $15.61, optimistic $24.33 per share (as of Nov 7, 2026, price $22.73). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of FIGR?
Figure Technology Solutions, Inc. Class A trades at a price-to-earnings ratio of 27.3 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $15.61 is built from several models across several years. Other multiples: P/B 4.6, P/S 9.1, EV/EBITDA 43.3.
How solid is the balance sheet of Figure Technology Solutions, Inc. Class A (FIGR)?
Balance-sheet figures for Figure Technology Solutions, Inc. Class A (as of Nov 7, 2026): return on equity 26.1%, debt of 0.19 per unit of equity. They feed the Quality Score of 64/100, which measures business quality independently of the share price.
How far is FIGR from its 52-week high?
Figure Technology Solutions, Inc. Class A trades at $22.73, about 69% below its 52-week high of $73.91 and 9% above the low of $20.90 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $15.61 is for.
Which stocks are comparable to Figure Technology Solutions, Inc. Class A Common Stock?
From the same area (Financial Services) we also value Morgan Stanley, The Goldman Sachs Group, The Charles Schwab Corporation, Interactive Brokers Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Figure Technology Solutions, Inc. Class A Common Stock stock attractive at the current price?
The data as of Nov 7, 2026: price $22.73, calculated fair value $15.61 (−31%), Quality Score 64/100, from 11 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of FIGR calculated?
We run Figure Technology Solutions, Inc. Class A through 11 models from 6 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of $15.61 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Figure Technology Solutions, Inc. Class A itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Figure Technology Solutions, Inc. Class A (FIGR)?
The closing price on Nov 6, 2026 was $22.73. Our model-based fair value is $15.61, about 31% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Figure Technology Solutions, Inc. Class A Common Stock right now?
Solid but not exceptional quality (64/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range ($10.16 to $24.33) leaves room in how you read the outcome. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of Figure Technology Solutions, Inc. Class A
How large is the market capitalisation of Figure Technology Solutions, Inc. Class A (FIGR)?
The market capitalisation of Figure Technology Solutions, Inc. Class A is $5.6B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Figure Technology Solutions, Inc. Class A (FIGR)?
The price-to-sales ratio of Figure Technology Solutions, Inc. Class A is 7.98 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Figure Technology Solutions, Inc. Class A (FIGR)?
Earnings per share at Figure Technology Solutions, Inc. Class A are $0.9300 (price ÷ EPS = P/E 27.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Figure Technology Solutions, Inc. Class A (FIGR)?
The net margin of Figure Technology Solutions, Inc. Class A is 29.3% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Figure Technology Solutions, Inc. Class A (FIGR)?
The return on equity (ROE) of Figure Technology Solutions, Inc. Class A is 26.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Figure Technology Solutions, Inc. Class A (FIGR)?
On an EBIT basis the return on assets of Figure Technology Solutions, Inc. Class A is 0.2% (avg 3y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Figure Technology Solutions, Inc. Class A (FIGR)?
The operating margin of Figure Technology Solutions, Inc. Class A is 35.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Figure Technology Solutions, Inc. Class A (FIGR)?
Revenue at Figure Technology Solutions, Inc. Class A is growing +121% versus a year earlier. How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Figure Technology Solutions, Inc. Class A (FIGR)?
Earnings per share at Figure Technology Solutions, Inc. Class A are growing +338% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Figure Technology Solutions, Inc. Class A (FIGR) hold?
Figure Technology Solutions, Inc. Class A holds more cash than debt, $1.0B net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Nov 7, 2026