Figure Technology (FIGR) reached a new all-time closing high as a major brokerage upgraded its price target by 36%, citing strong revenue momentum and expanding market share in digital infrastructure. The stock rally reflects growing investor confidence in the company’s long-term growth trajectory.
- FIGR reached an all-time closing high of $42.85 on January 16, 2026.
- Price target upgraded 36% from $31.50 to $42.80 by a major brokerage.
- Q4 2025 revenue rose 44% YoY to $187 million.
- Subscription revenue grew 52% and now represents 78% of total revenue.
- Gross margin expanded to 67% in Q4 2025, up from 63% YoY.
- Trading volume on Jan 16 hit 8.3 million shares, exceeding average daily volume by 2.5x.
Figure Technology (FIGR) closed at a record high of $42.85 on January 16, 2026, marking its highest level since the company's public debut. The surge followed a significant upgrade from a leading investment firm that raised its price target from $31.50 to $42.80, representing a 36% increase and a 28% premium to the prior closing price. The upgrade was driven by improved visibility into recurring revenue streams and strong adoption of Figure’s cloud-based enterprise solutions across North America and Europe. The company reported fourth-quarter 2025 revenue of $187 million, a 44% year-over-year increase, with subscription revenue growing 52% and contributing 78% of total revenue. Gross margin expanded to 67% from 63% in the same period the prior year, signaling improved operational efficiency. Analysts highlighted that Figure’s focus on AI-enabled automation and data center optimization has positioned the company as a key player in the emerging digital infrastructure sector. The rally in FIGR shares has drawn attention from institutional investors and tech-focused funds, with trading volume exceeding 8.3 million shares on January 16—over 2.5 times the average daily volume. Market participants are particularly watching the company’s upcoming product roadmap and its ability to scale customer acquisition in competitive markets. The surge has also prompted a wave of similar upgrades across the digital infrastructure and SaaS space, with several peer stocks experiencing modest gains.