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Figma, Inc. Stock Price

NYSE:FIG Community·US$11.8b Market Cap
  • 4 Narratives written by author
  • 8 Comments on narratives written by author
  • 236 Fair Values set on narratives written by author
Author Program NEWCreate Narrative

FIG Share Price Performance

US$23.20
-29.87 (-56.28%)
​
US$30.40
Fair Value
US$23.20
-29.87 (-56.28%)
23.7% undervalued intrinsic discount
US$30.40
Fair Value
Price US$23.20
AnalystConsensusTarget US$30.40
TickerTickle US$22.36
AnalystHighTarget US$37.00
Fri, 24 Jul 26
Fair ValueUS$30.40
Share Pricen/a

FIG Community Narratives

AN
AnalystConsensusTarget
AnalystConsensusTarget's
Fair Value
·
Fair Value US$30.4 23.7% 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
32users have followed this narrative
TI
TickerTickle
TickerTickle's
Fair Value
·
Fair Value US$22.36 3.8% overvalued intrinsic discount

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

11users have liked this narrative
7users have commented on this narrative
63users have followed this narrative
AN
AnalystHighTarget
AnalystHighTarget's
Fair Value
·
Fair Value US$37 37.3% 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
5users have followed this narrative
FIG logo
Figma
3.8% overvalued intrinsic discount

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

View narrative
TI
TickerTickle
TickerTickle
Updated 6 Aug
Read Narrative
FIG logo
Figma
7.2% undervalued intrinsic discount

AI Infrastructure And Governance Risks Will Challenge Margins Yet Platform Adoption Should Strengthen

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AN
AnalystLowTarget
AnalystLowTarget
Updated 21 Aug
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FIG logo
Figma
23.7% undervalued intrinsic discount

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

View narrative
AN
AnalystConsensusTarget
AnalystConsensusTarget
Updated 24 Jul
Read Narrative
FIG logo
Figma
37.3% undervalued intrinsic discount

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

View narrative
AN
AnalystHighTarget
AnalystHighTarget
Updated 7 Aug
Read Narrative

Trending Discussion

No trending discussion available.

Recently Updated Narratives

TI
TickerTickle
FIG logo

Figma is getting stronger. The economics are still catching up.

Fair Value: US$22.36 3.8% overvalued intrinsic discount
63 fair values setusers have set this as their fair value
7 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
AnalystLowTarget
FIG logo

FIG: AI Credit Monetization And Rising Costs Will Shape A Measured Outlook

Fair Value: US$25 7.2% undervalued intrinsic discount
4 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
AnalystHighTarget
FIG logo

FIG: AI Investments And Margin Pressure Will Set Up Future Upside Potential

Fair Value: US$37 37.3% undervalued intrinsic discount
5 fair values setusers have set this as their fair value
1 commentusers have commented on this narrative
0 likesusers have liked this narrative

Snowflake Analysis

Flawless balance sheet with low risk.

3 Risks
4 Rewards
View Full Analysis

Figma, Inc. Key Details

US$1.3b

Revenue

US$267.3m

Cost of Revenue

US$1.0b

Gross Profit

US$2.5b

Other Expenses

-US$1.5b

Earnings

Last Reported Earnings
Jun 30, 2026
Next Reporting Earnings
n/a
-2.86
79.14%
-119.14%
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 • Sep 10

Figma's AI Bet Is Paying Off, But The Easy Money Is Gone

Summary Figma continues to accelerate revenue growth, with Q2 revenue up 48% YoY and strong expansion among large clients. AI monetization is gaining traction, with over 80% of $10K+ ARR customers using AI credits and new AI features poised to drive incremental revenue. Margins remain pressured by high stock-based compensation and AI-related costs, resulting in a 14% free cash flow margin and significant GAAP losses. I maintain a Buy rating at $22, but the risk/reward is more attractive below $20; Figma must prove EPS leverage to justify the current valuation. Read the full article on Seeking Alpha
User avatar
Narrative Update • Aug 21

FIG: AI Credit Monetization And Rising Costs Will Shape A Measured Outlook

Analysts have raised their price target for Figma from $22 to $25, citing refreshed assumptions on discount rate, revenue growth, profit margin, and future P/E that adjust the stock's valuation framework. What’s in the News for Figma Figma reported Q2 2026 revenue of about US$370 million, which the company said was up 48% year over year and ahead of analyst expectations, with a key contribution from its first full quarter of AI credit monetization.

Recent updates

No updates

Figma, Inc. Competitors

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Intuit

Symbol: NasdaqGS:INTU
Market cap: US$86.0b
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Datadog

Symbol: NasdaqGS:DDOG
Market cap: US$79.4b
CDNS logo

Cadence Design Systems

Symbol: NasdaqGS:CDNS
Market cap: US$78.5b
SNPS logo

Synopsys

Symbol: NasdaqGS:SNPS
Market cap: US$76.1b
View more competitors

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