Figma's IPO Surges to $142.92 in Two Days Amid Market Disruption
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Fool
- Strong IPO Performance: Figma went public at $33 per share on July 31, 2025, opening at $85 and closing at a record high of $142.92 just two days later, indicating robust market demand for its cloud-based design tools.
- Significant Customer Growth: In 2024, Figma's revenue surged 48% to $749 million, with the number of customers generating over $10,000 in annual recurring revenue increasing by 45% to 10,517, demonstrating its flexible business model attracting high-value clients.
- Financial Challenges Intensify: Despite revenue growth, Figma reported a net loss of $732 million in 2024, primarily due to one-time stock-based compensation expenses, causing its gross margin to decline from 91% to 88%, raising investor concerns about its future outlook.
- Optimistic Future Outlook: Analysts expect Figma's revenue to rise 40% to $1.05 billion in 2025, although its net loss is projected to widen to $1.19 billion; however, continued customer growth and new feature development may present opportunities for long-term investors.
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 60.86 USD with a low forecast of 52.00 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
2 Buy
7 Hold
0 Sell
Hold
Current: 32.360
Low
52.00
Averages
60.86
High
70.00
Current: 32.360
Low
52.00
Averages
60.86
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.
