Figma, Inc. (NYSE:FIG) Receives Consensus Rating of "Hold" from Brokerages

Figma, Inc. (NYSE:FIG - Get Free Report) has received an average rating of "Hold" from the sixteen ratings firms that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and five have assigned a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $32.2222.

A number of analysts recently weighed in on FIG shares. Piper Sandler reaffirmed an "overweight" rating and set a $30.00 target price on shares of Figma in a report on Thursday, June 25th. Stifel Nicolaus set a $25.00 target price on Figma in a research note on Friday, May 15th. Morgan Stanley set a $33.00 price target on Figma in a report on Thursday. Weiss Ratings reiterated a "sell (e+)" rating on shares of Figma in a research report on Tuesday, May 19th. Finally, BTIG Research began coverage on Figma in a report on Monday, April 13th. They set a "neutral" rating for the company.

Key Stories Impacting Figma

Here are the key news stories impacting Figma this week:

• Positive Sentiment: Figma reported second-quarter revenue of $370.1 million, up 48.2% year over year, and adjusted earnings of $0.08 per share, exceeding expectations. Net dollar retention reached 136%, indicating strong customer expansion and platform engagement. Figma second-quarter earnings
• Positive Sentiment: Management raised its fiscal 2026 revenue outlook to approximately $1.463 billion-$1.467 billion and expects third-quarter revenue of $373 million-$375 million. AI-powered features and credit monetization are viewed by bullish analysts as potential drivers of additional growth and customer usage. Figma fiscal 2026 outlook
• Neutral Sentiment: Several executives, including the CFO, CTO, CRO and CAO, sold shares under pre-arranged Rule 10b5-1 trading plans. Because the sales represented relatively small portions of their remaining holdings and were scheduled transactions, they provide limited insight into management’s current outlook. Figma insider transactions
• Negative Sentiment: The primary pressure on the stock is Figma’s aggressive AI investment. Higher AI-related costs and gross margin of about 85%, down from the prior year, are raising concerns about near-term profitability and operating leverage. Investors are also wary of decelerating revenue growth, possible AI disruption to Figma’s core design market and executive departures. These concerns led some analysts to downgrade the shares despite the earnings beat. Figma AI costs and margins

Insider Buying and Selling at Figma

In other news, CAO Tyler Herb sold 1,536 shares of the firm's stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $26.00, for a total transaction of $39,936.00. Following the sale, the chief accounting officer owned 257,189 shares in the company, valued at approximately $6,686,914. This trade represents a 0.59% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CRO Shaunt Voskanian sold 30,000 shares of Figma stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $27.91, for a total transaction of $837,300.00. Following the sale, the executive directly owned 1,698,620 shares of the company's stock, valued at $47,408,484.20. This represents a 1.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,675,578 shares of company stock valued at $41,729,080 over the last quarter. Company insiders own 32.26% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in FIG. Mirae Asset Global Investments Co. Ltd. boosted its position in Figma by 69.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 285,055 shares of the company's stock valued at $10,653,000 after buying an additional 116,681 shares during the period. Amova Asset Management Americas Inc. lifted its stake in shares of Figma by 641.4% in the 1st quarter. Amova Asset Management Americas Inc. now owns 1,467,887 shares of the company's stock valued at $31,031,000 after acquiring an additional 1,269,900 shares during the last quarter. Baillie Gifford & Co. boosted its holdings in Figma by 93.8% during the 4th quarter. Baillie Gifford & Co. now owns 5,763,613 shares of the company's stock valued at $215,386,000 after acquiring an additional 2,789,986 shares during the period. Freestone Capital Holdings LLC purchased a new position in Figma in the 4th quarter worth approximately $10,297,000. Finally, Ieq Capital LLC lifted its position in Figma by 1,670.9% in the fourth quarter. Ieq Capital LLC now owns 973,880 shares of the company's stock valued at $36,394,000 after purchasing an additional 918,886 shares during the last quarter.

Figma Stock Performance

Shares of Figma stock opened at $23.29 on Monday. Figma has a 52-week low of $16.60 and a 52-week high of $91.00. The stock's 50-day simple moving average is $21.70 and its 200 day simple moving average is $22.72. The stock has a market capitalization of $10.60 billion and a P/E ratio of -6.40.

Figma (NYSE:FIG - Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $0.08 earnings per share for the quarter, topping analysts' consensus estimates of ($0.22) by $0.30. The firm had revenue of $370.08 million during the quarter. Figma had a negative net margin of 123.15% and a negative return on equity of 100.03%. Figma's revenue for the quarter was up 48.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.09 EPS. Equities research analysts forecast that Figma will post -0.79 EPS for the current fiscal year.

Figma Company Profile

Figma is a San Francisco–based software company that offers a web-based platform for interface design, prototyping and collaboration. Its flagship product, Figma, enables teams to create and refine user interfaces, vector graphics and design systems directly in a browser, eliminating the need for local installations. The platform's real-time collaboration features allow multiple stakeholders—designers, developers and product managers—to edit and comment simultaneously, streamlining workflows and reducing version control issues.

In addition to its core design tool, Figma provides FigJam, a digital whiteboarding solution that facilitates brainstorming sessions, wireframing and diagramming.

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