Why Is FIGURE TECHNOLOGY SO Class A (FIGR) Stock Up Today?

Figure Technology Solutions (FIGR) shares rose 6.80% to $25.84, driven by third-quarter results that exceeded expectations and strong guidance for loan marketplace volume. The company reported net revenue of $287 million, an 84% year-over-year increase, and GAAP earnings per share of $0.36, which surpassed the estimated $0.28.

What Happened

Figure Technology Solutions announced its Q3 2026 financial results on November 12, 2026. The company reported net revenue of $287.1 million, up 84% from the prior year, beating analyst estimates of $262.61 million. GAAP EPS came in at $0.36, exceeding the consensus estimate of $0.28. Management provided Q4 2026 loan marketplace volume guidance of $6.2 billion to $6.7 billion. Additionally, the company increased its share buyback authorization by $200 million, bringing the total authorization to $400 million.

What The Data Shows

The stock opened at $26.92, a 11.3% gap up from the prior close of $24.19. The session high reached $27.47 at 11:45 AM ET, while the low was $23.94 at 9:30 AM ET. Volume stood at 6.7 million shares, which is 1.5 times the three-month daily average. The company has a market capitalization of $5.2 billion and a P/E ratio of 28.3. Trailing twelve-month revenue growth is 98.4%, with a net margin of 38.3%. The 52-week range is $19.54 to $78.00. Over the last eight sessions, the stock moved up 11.0%. Unusual options activity included two notable prints with call premium of $653,000 and put premium of $692,000. Recent insider filings show three sales totaling $1.9 million in the last 90 days, with no buys recorded.

What To Watch

Investors will monitor the company's execution against its Q4 2026 loan marketplace volume guidance of $6.2 billion to $6.7 billion. The stock printed 15 fresh 52-week highs and 2 fresh 52-week lows on November 12, 2026, indicating significant volatility around the earnings release.