FIG logo

Figma, Inc. Stock Price

NYSE:FIG Community·US$11.3b Market Cap
  • 4 Narratives written by author
  • 8 Comments on narratives written by author
  • 220 Fair Values set on narratives written by author

FIG Share Price Performance

US$21.08
-94.42 (-81.75%)
US$36.11
Fair Value
US$21.08
-94.42 (-81.75%)
41.6% undervalued intrinsic discount
US$36.11
Fair Value
Price US$21.08
AnalystConsensusTarget US$36.11
TickerTickle US$18.79
AnalystHighTarget US$92.12

FIG Community Narratives

·
Fair Value US$36.11 41.6% undervalued intrinsic discount

AI Native Workflows And Design Quality Will Drive Long Term Market Leadership

2users have liked this narrative
0users have commented on this narrative
26users have followed this narrative
Fair Value
·
Fair Value US$18.79 12.2% overvalued intrinsic discount

Figma (FIG): The S&P 500’s Design Standard Turning Into an All-in-One Platform

10users have liked this narrative
7users have commented on this narrative
58users have followed this narrative
·
Fair Value US$92.12 77.1% undervalued intrinsic discount

AI-Led Design Workflows Will Secure Long-Term System Of Record Leadership

0users have liked this narrative
1users have commented on this narrative
4users have followed this narrative
US$18.79
12.2% overvalued intrinsic discount
Fair Value
Profit Margin
15%
Future PE
35x
Price in 2031
US$28.13
US$36.11
41.6% undervalued intrinsic discount
Profit Margin
12.11%
Future PE
109.38x
Price in 2029
US$46.15
US$92.12
77.1% undervalued intrinsic discount
Profit Margin
12.35%
Future PE
311.24x
Price in 2029
US$117.45
US$52
59.5% undervalued intrinsic discount
Profit Margin
12.75%
Future PE
181.7x
Price in 2028
US$66.33

Trending Discussion

Updated Narratives

FIG logo

Figma is still elite

Fair Value: US$18.79 12.2% overvalued intrinsic discount
58 users have set this as their fair value
7 users have commented on this narrative
1 users have liked this narrative
FIG logo

FIG: AI Monetization And Usage Model Will Drive Future Upside

Fair Value: US$36.11 41.6% undervalued intrinsic discount
26 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative
FIG logo

AI-Led Design Workflows Will Secure Long-Term System Of Record Leadership

Fair Value: US$92.12 77.1% undervalued intrinsic discount
4 users have set this as their fair value
1 users have commented on this narrative
0 users have liked this narrative

Snowflake Analysis

Flawless balance sheet with very low risk.

2 Risks
2 Rewards

Figma, Inc. Key Details

US$1.2b

Revenue

US$234.7m

Cost of Revenue

US$926.3m

Gross Profit

US$2.3b

Other Expenses

-US$1.4b

Earnings

Last Reported Earnings
Mar 31, 2026
Next Reporting Earnings
n/a
-2.65
79.78%
-120.71%
0%
View Full Analysis

About FIG

Founded
2012
Employees
1886
CEO
Dylan Field
WebsiteView website
www.figma.com

Figma, Inc. develops and sells a collaborative, browser-based platform for designing, prototyping, building digital experiences, and subscriptions for access to its platform. The company offers Figma Design, a collaborative design tool for teams that explore ideas and gather feedback, build realistic prototypes, and streamline product development with design systems; Dev Mode to inspect designs and translate them into code without changing the design file; FigJam to define ideas, align decisions, and move work forward—all in one place; and Figma Slides, a presentation tool built for designers and their teams. It also provides Figma Draw to create expressive designs with illustration tools; Figma Buzz, which publishes brand templates to create social media assets, display ads, one-pagers, and others; Figma Sites to design, prototype, and publish; Payload CMS is an open-source, headless content management system and application framework acquired by Figma; Figma Make, an AI tool to design and prompt way to a functional prototype; Figma Weave for AI-powered media generation and editing. The company was incorporated in 2012 and is headquartered in San Francisco, California.

Recent FIG News & Updates

Seeking Alpha Jun 27

Figma: The Stock Fell On AI Fear, But AI May Be The Rerating Trigger

Summary Figma is evolving from a design tool to a comprehensive AI-driven product-creation platform, positioning itself beyond traditional design software. AI integration is a double-edged sword: while it threatens seat-based models, Figma's platform-centric approach and AI credits could drive new monetization and user expansion. Q1 2026 results show 46% revenue growth, 139% net dollar retention, and 27% free cash flow margin, supporting a 5.7x forward EV/revenue valuation. With early AI monetization, strong customer expansion, and a misunderstood platform story, FIG offers attractive risk/reward and potential for significant re-rating. Read the full article on Seeking Alpha
Narrative Update Jun 26

FIG: AI Monetization And Usage Model Will Drive Future Upside

Analysts have revised their Figma price target from $65.25 to $36.11. This change reflects updated assumptions for revenue growth, profit margins and future P/E multiples in their models.

Recent updates

No updates