Jefferies has initiated coverage on Figure Technology Solutions Inc (FIGR) with a Hold rating as of October 5, 2025. This marks the firm's first assessment of the company following its IPO on September 11, 2025.
Figure Technology Solutions operates as a blockchain-native capital marketplace, connecting origination, funding, and secondary market activities. The company, based in Reno, Nevada, utilizes proprietary technology to facilitate next-generation lending, trading, and investing in consumer credit and digital assets. Its offerings include Figure HELOC, DSCR Loan, Cash-Out Refinance, and Crypto-Backed Loan, among others. As of November 20, 2025, FIGR has a market capitalization of $7.9 billion.
The move underscores the importance of analyst ratings, which reflect professional opinions based on extensive research and financial models. While such insights can be informative, they represent estimates that may not always align with actual outcomes. Investors should consider a variety of factors, including company fundamentals and industry trends, when making decisions.
Other recent analyst actions include Mizuho, Piper Sandler, Keefe, Bruyette & Woods, Autonomous Research, and Goldman Sachs, all initiating coverage on FIGR with varying ratings on the same day, October 6, 2025.