Bernstein raises its target price for Figure to $72 and lists it as the preferred recommended stock for 2026

On January 13th, Bernstein analysts raised the target stock price of Figure Technology Solutions (stock code: FIGR) from $54 to $72, and listed it as the preferred recommended stock for 2026. Analysts pointed out that the company's tokenized credit market has grown beyond expectations, and the operating leverage effect continues to improve. The new target price implies about 38% upward potential compared to Monday's closing price of $52.23. The report states that Figure has advantages under the banking industry reform and the regulatory framework established by the US Clarity Act, and its tokenized equity business has long-term growth potential. The consumer loan market size in the fourth quarter was approximately 2.7 billion US dollars, with Figure Connect, a tokenized credit platform, accounting for 46% of the credit volume processed. In addition, Figure is expanding into new loan categories and plans to launch a tokenized equity platform to build a secondary market. Analysts believe that equity business is a long-term strategic option.