Figure Technology Solutions Inc (FIGR) shares have surpassed the average 12-month analyst target price of $48.89, now trading at $53.22. This movement prompts analysts to reconsider either downgrading the stock’s valuation or adjusting their price targets higher based on recent business developments.
The average target price is derived from contributions by nine analysts, with estimates ranging from $40.00 to $56.00, resulting in a standard deviation of $6.173. Currently, the analyst ratings for FIGR include four strong buy, two buy, and four hold ratings, with no sell or strong sell ratings reported. The average rating remains at 2.0, indicating a favorable outlook for the stock.
