Bernstein reiterated its price target of $67 for Figure, remaining optimistic about the long-term growth of tokenized platforms.

CoinFeed reported on May 12th, citing The Block, that Bernstein reiterated its "Outperform" rating and $67 price target for Figure Technology Solutions after the company released its Q1 2026 results, representing approximately 72% upside from the current share price of $38.97. Figure's Q1 loan origination reached $2.9 billion, a 113% year-over-year increase; adjusted net income was $167 million, a 92% year-over-year increase, exceeding market expectations by 6%. Figure Connect, a blockchain-based lending marketplace, contributed 56% of the loan volume, and its distribution partners increased to 387, including major US bank Flagstar Bank. Bernstein believes the market mistakenly views Figure as a traditional fintech company rather than a "pure tokenized capital markets platform."