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Figure Technology Solutions stock slips after a $62 target hike — what traders watch nextFigureFigure Technology Solutions stock slips after a $62 target hike — what traders watch next
9 January 2026
1 min read

Figure Technology Solutions stock slips after a $62 target hike — what traders watch nextFigureFigure Technology Solutions stock slips after a $62 target hike — what traders watch next

New York, Jan 9, 2026, 11:46 EST — Regular session

Shares of Figure Technology Solutions (FIGR) fell about 1.5% to $57.50 in late-morning trading on Friday, easing a day after Keefe, Bruyette & Woods lifted its price target on the stock. The shares traded between $56.27 and $58.97.

The move matters because FIGR has become a fast-moving name in early 2026, drawing momentum traders and fresh analyst attention after a sharp run. Zacks Equity Research wrote on Friday that the stock has gained about 43% so far this year, helped by upward revisions to earnings estimates.

Figure operates what it calls a blockchain-native capital marketplace, using blockchain — a shared digital ledger — to link loan origination and funding and to support secondary-market activity, according to Reuters company information. Its products include home equity lines of credit, or HELOCs, a revolving loan backed by a homeowner’s equity.

The next company catalyst on most calendars is earnings. Data compiled by MLQ.ai shows Figure is scheduled to report on Feb. 12, with analysts looking for 16 cents a share; it last reported quarterly earnings on Nov. 13, when it posted 34 cents a share on revenue of $156.37 million, topping estimates listed by the site.

Broader fintech and crypto-linked trading was mixed. SoFi Technologies rose about 1.5%, while Upstart slipped around 0.8% and Coinbase fell about 1.9%.

There is a catch. Figure’s business straddles consumer credit and digital-asset plumbing, which can make the stock sensitive to swings in risk appetite. Any sign of softer credit, tighter funding, or a shift in the regulatory mood around digital assets could change the tone quickly.

Next up is Feb. 12 results, with investors likely to focus on loan volume, growth in marketplace activity and any guidance on demand for HELOCs. Traders will also watch whether FIGR can climb back above Thursday’s close near $58.40 and make another run at the $60 level.

Stock Market Today

  • Cerebras AI Chipmaker Set for $4.8 Billion IPO Valued at $48.8 Billion in 2026
    May 13, 2026, 5:02 PM EDT. Cerebras Systems aims to raise up to $4.8 billion in its 2026 initial public offering (IPO), targeting a valuation of $48.8 billion. The AI chipmaker, known for its wafer-scale engine processor, lifted its share price range to $150-$160, making the deal potentially the largest U.S. listing in nearly five years. Cerebras focuses on AI inference chips, competing with Nvidia GPUs. Partnerships with OpenAI and Amazon Web Services underpin the IPO, with OpenAI receiving warrants worth 10% of the company. Prediction markets show strong optimism, with Polymarket favoring a market cap between $50 billion and $70 billion. The shares are trading above the offering range on secondary markets. However, upcoming mega-IPOs from SpaceX and OpenAI could challenge Cerebras' position as 2026's largest listing.

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