On September 21, Figure Technology Solutions rose 5.33% in regular trading, trading at $35.415/share, with turnover of $10.2271 million. The rally was driven by a recent upgrade from BofA Global Research, which lifted the stock's rating from Underperform to Neutral and raised its price target from $31 to $49, representing a 58% increase.

The upgrade reflects a significant shift in institutional sentiment toward the company. According to FactSet, the stock carries an average analyst rating of Overweight with a mean price target of $52.67, suggesting further upside from current levels. The positive outlook is underpinned by strong fundamental performance: the company reported Q2 EPS of $0.35, beating the consensus estimate of $0.23 by over 52%, while revenue surged to $225.6 million from $106.1 million a year earlier, also exceeding the $208.2 million estimate.

Additionally, the company signed an agreement in June to acquire Kiavi, an AI-powered residential real estate lending platform, for $717 million, adding over $7 billion in annual first-lien volume to its Figure Connect marketplace. The combination of an investment bank upgrade, earnings momentum, and strategic expansion continues to support market confidence.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)