William Blair Brokers Increase Earnings Estimates for Figma

Key Points

• William Blair has increased its FY2025 earnings per share (EPS) estimates for Figma to $0.29, up from $0.28, and maintains an "Outperform" rating on the stock.
• Multiple brokerages have initiated or adjusted ratings on Figma, with JPMorgan Chase and Goldman Sachs both setting "neutral" ratings and price targets of $65.00 and $48.00, respectively.
• Insider transactions revealed that significant shares were sold recently, with Director Mamoon Amjad Hamid and major shareholder Greylock XIV GP LLC reducing their stakes substantially in early August.

Figma, Inc. (NYSE:FIG - Free Report) - William Blair raised their FY2025 earnings per share (EPS) estimates for shares of Figma in a research note issued to investors on Thursday, September 4th. William Blair analyst A. Bhatia now forecasts that the company will post earnings per share of $0.29 for the year, up from their previous estimate of $0.28. William Blair currently has a "Outperform" rating on the stock. William Blair also issued estimates for Figma's Q3 2026 earnings at $0.05 EPS, FY2026 earnings at $0.20 EPS and FY2027 earnings at $0.22 EPS.

Several other brokerages have also weighed in on FIG. JPMorgan Chase & Co. started coverage on Figma in a report on Monday, August 25th. They set a "neutral" rating and a $65.00 price objective on the stock. The Goldman Sachs Group initiated coverage on Figma in a research report on Monday, August 25th. They set a "neutral" rating and a $48.00 target price for the company. Zacks Research upgraded Figma to a "hold" rating in a research report on Thursday, August 21st. Wall Street Zen upgraded Figma to a "hold" rating in a research report on Saturday, August 9th. Finally, Wells Fargo & Company cut their target price on Figma from $82.00 to $70.00 and set an "equal weight" rating for the company in a research report on Thursday. Three investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, Figma currently has an average rating of "Hold" and an average target price of $67.43.

Figma Trading Up 0.4%

Shares of NYSE:FIG opened at $54.77 on Monday. Figma has a 1-year low of $50.49 and a 1-year high of $142.92. The company has a market cap of $22.46 billion and a PE ratio of 74.01.

Figma (NYSE:FIG - Get Free Report) last announced its quarterly earnings data on Wednesday, September 3rd. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.15). The firm had revenue of $249.64 million during the quarter, compared to the consensus estimate of $248.97 million. Figma has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS.

Insider Transactions at Figma

In other Figma news, Director Mamoon Amjad Hamid sold 2,756,020 shares of Figma stock in a transaction on Friday, August 1st. The stock was sold at an average price of $31.52, for a total value of $86,869,750.40. Following the completion of the transaction, the director owned 1,559,622 shares in the company, valued at approximately $49,159,285.44. The trade was a 63.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, major shareholder Greylock Xiv Gp Llc sold 3,074,755 shares of Figma stock in a transaction on Friday, August 1st. The shares were sold at an average price of $31.51, for a total value of $96,885,530.05. Following the completion of the transaction, the insider owned 2,921,029 shares of the company's stock, valued at approximately $92,041,623.79. The trade was a 51.28% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have purchased 312,500 shares of company stock worth $10,312,500 and have sold 19,617,451 shares worth $618,294,215.

Figma Company Profile

Figma is where teams come together to turn ideas into the world's best digital products and experiences. Every day, billions of people around the world use apps, websites, and other digital experiences that are made in Figma. They're looking up directions on Google Maps; requesting rides with Uber; checking in for flights on JetBlue; streaming shows on Netflix; learning languages with Duolingo; asking questions of Claude; connecting on LinkedIn; buying goods on Mercado Libre; or booking stays and experiences with Airbnb.

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