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Figure Technology shares drop 40% YTD despite strong growth and buy recommendation

Analyst Insights
13 Nov 2026, 15:15 WIB
Seeking Alpha
View Source
Bullish
Figure Technology shares drop 40% YTD despite strong growth and buy recommendation

Figure Technology's shares have fallen over 40% year-to-date, pressured by interest rate sensitivity and exposure to blockchain and stablecoins. Despite this, the company shows strong execution with consumer marketplace loan volumes growing at more than twice the rate year-over-year. New banking partnerships are helping ease balance-sheet constraints on loan originations. The stock trades at a modest valuation of about 14 times forward adjusted EBITDA, supported by a roughly 2x year-over-year growth in adjusted EBITDA, leading to a reiterated Buy rating from the analyst.

Figure Technology shares trade at USD 25.82 on Pluang as of Nov 13, 2026 20:02 WIB, up 0.58% for the day. The stock's market cap stands at $5.78 billion with a 52-week low of $20.90 and high of $73.91. Pluang order activity is nearly balanced, with 49% selling and 51% buying, reflecting steady investor interest despite recent volatility.

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