Figma's Stock Declines Amid Downgrade and Trade Tensions
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 21 Jan 26
Source: Coinmarketcap
Figma Inc's stock fell 3.03% to $27.71, hitting a 52-week low, as it faced significant market pressures.
The decline follows a downgrade from Morgan Stanley, which lowered Figma's price target from $65 to $48, reflecting cautious sentiment regarding its growth potential. Additionally, trade tensions with Europe, including a new 10% tariff announced by President Trump, have raised concerns about potential slowdowns in IT spending that could impact Figma's expansion plans.
This combination of factors has led to increased investor anxiety, as analysts anticipate a loss in the upcoming earnings report, further complicating Figma's outlook in a competitive market.
Analyst Views on FIG
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
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
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.





