Figure Technology Solutions: Poised For Growth Via Share Gains, TAM Expansion
1. FIGR raised $787.5 million in its IPO on September 11. 2. BofA rates FIGR Neutral at $41, while Goldman Sachs rates it Buy at $42. 3. FIGR holds over 70% market share in tokenized private credit HELOC. 4. Revenue growth is expected from Figure Connect marketplace, driving 75% growth through 2027. 5. Shares rose 6.75% to $43.02 during publication.