Figma Inc's stock surged 6.35% as it crossed above its 5-day SMA, reflecting strong investor interest following its recent IPO performance.
The company's IPO, which opened at $85 and closed at $142.92 just two days later, indicates robust market demand for its cloud-based design tools. Despite reporting a net loss of $732 million in 2024, analysts expect Figma's revenue to rise 40% to $1.05 billion in 2025, driven by significant customer growth and new feature development, presenting opportunities for long-term investors.
This strong performance in the IPO market, coupled with positive revenue projections, suggests that Figma is well-positioned to attract further investment, despite the challenges it faces in terms of profitability.
Wall Street analysts forecast FIG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FIG is 53.13 USD with a low forecast of 38.00 USD and a high forecast of 70.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
Wall Street analysts forecast FIG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FIG is 53.13 USD with a low forecast of 38.00 USD and a high forecast of 70.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Buy
6 Hold
0 Sell
Moderate Buy
Current: 27.070
Low
38.00
Averages
53.13
High
70.00
Current: 27.070
Low
38.00
Averages
53.13
High
70.00
Wells Fargo
Equal Weight -> Overweight
upgrade
$52
2026-01-08
Reason
Wells Fargo
Price Target
$52
AI Analysis
2026-01-08
upgrade
Equal Weight -> Overweight
Reason
Wells Fargo upgraded Figma to Overweight from Equal Weight with a $52 price target.
Wells Fargo
Michael Turrin
Equal Weight -> Overweight
upgrade
$52
2026-01-08
Reason
Wells Fargo
Michael Turrin
Price Target
$52
2026-01-08
upgrade
Equal Weight -> Overweight
Reason
As previously reported, Wells Fargo analyst Michael Turrin upgraded Figma to Overweight from Equal Weight with a $52 price target. The firm notes shares have fallen over 70% from prior post IPO peaks as investors continue to evaluate where the company fits in the bigger GenAI vs. app software discussion. Wells sees the company deserving of a premium given its de facto status within product design, track record of delivering efficient growth, innovative product set capable of driving continued customer expansion and increasing signs of evidence in Figma's ability to deliver tangible GenAI-enabled value in 2026 via Make.
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Stifel
Hold
initiated
$40
2026-01-07
Reason
Stifel
Price Target
$40
2026-01-07
initiated
Hold
Reason
Stifel initiated coverage of Figma with a Hold rating and $40 price target. Figma is poised to build on its category leadership in design and the firm sees "an appealing opportunity" for share gains through a combination of net new customer acquisition, expansion through new products and recently taken pricing and packaging actions. However, despite its positive view on the company's competitive positioning and addressable opportunity, the firm would await a more favorable risk/reward setup at the current valuation, the analyst tells investors.
RBC Capital
Rishi Jaluria
Sector Perform
downgrade
$65 -> $38
2026-01-05
Reason
RBC Capital
Rishi Jaluria
Price Target
$65 -> $38
2026-01-05
downgrade
Sector Perform
Reason
RBC Capital analyst Rishi Jaluria lowered the firm's price target on Figma to $38 from $65 and keeps a Sector Perform rating on the shares. 2026 is likely to be a year when AI tailwinds become more evident for companies well positioned for enterprise AI adoption, while less prepared peers may remain pressured by the "AI is the death of software" narrative, the analyst tells investors in a research note. Enterprise spending appears to be stabilizing and improving in select areas, with GenAI driving innovation even as management teams remain conservative in early 2026 guidance, the firm says.
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.