Bernstein Reiterates $67 Figure Technologies Target, Sees 72% Upside

According to The Block, Bernstein has reiterated its $67 price target on Figure Technologies, implying approximately 72% upside, after the company reported Q1 loan origination volumes of $2.9 billion — up 113% year-over-year. Analysts cited Figure's blockchain-native lending infrastructure and growing institutional adoption of tokenized home equity loan products as the core drivers of the bull case, positioning Figure as a leading beneficiary of the broader tokenized real-world asset thesis.