Figma Shares Decline Amid Competitive Pressures
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 27 2026
0mins
Should l Buy FIG?
Source: Benzinga
- Increased Stock Volatility: Figma shares fell 3.08% to $29.29 on Friday afternoon, continuing this week's volatility amid a broad market selloff, indicating investor concerns over richly valued tech stocks.
- Competitive Threats Emerge: Google's free tool Gemini poses a risk to Figma's market position by potentially shifting some AI-driven design workflows away from its platform, raising concerns about monetization and pricing power.
- Earnings Beat Expectations: Despite the pressures, Figma reported quarterly revenue of $303.78 million earlier this month, exceeding Wall Street estimates and growing 39.93% from $216.95 million a year ago, showcasing the company's ongoing expansion in AI integrations.
- Analyst Ratings Remain Steady: Despite the recent stock decline, Figma maintains a Buy rating with an average price target of $33.40, as analysts express neutral to overweight ratings, reflecting confidence in its strong growth and AI roadmap.
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Analyst Views on FIG
Wall Street analysts forecast FIG stock price to rise
9 Analyst Rating
3 Buy
6 Hold
0 Sell
Moderate Buy
Current: 29.110
Low
38.00
Averages
53.13
High
70.00
Current: 29.110
Low
38.00
Averages
53.13
High
70.00
About FIG
Figma, Inc. designs and develops platforms for people who build digital products together. The Company helps cross-functional teams align and build software more efficiently and ensure the advanced access and controls that large organizations require. Its products include Figma Design, Dev Mode, Figma Sites, Figma Make, Figma Draw, Figma Buzz, FigJam and Figma Slides. Figma Sites is a product that lets clients design a Website and directly publish it to the Web, with a custom URL. Figma Make is an AI-powered tool that turns a prompt into a fully functional prototype. Figma Buzz is a product for easily creating marketing assets (like social media assets and digital ads) at a scale that is consistent with brand or visual identity. Figma Draw provides a space for finer vector editing required when drawing detailed iconography and product illustrations. Figma Design combines powerful features with a collaborative workspace to help teams design and build better products together.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Market Confidence: Despite bearish sentiment towards software companies, Figma's stock has risen 22% over the past month, as investors express optimism regarding its collaboration with Anthropic and a projected 38% revenue growth for the current quarter.
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