Figma, Inc. (FIG)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Figma, Inc. (FIG) trades at $21.13 with AI Score 17/100 (Grade F). Figma, Inc. is a software company that develops a browser-based user interface design tool. Their platform facilitates collaborative design and development for various digital products. Market cap: $10.30B, Sector: Technology.
Price live · AI analysis from May 9, 2026FIG stock analysis for 2026: Analysts have set a consensus price target of $38.30 for Figma, Inc., suggesting 81.3% upside from the current price of $21.13. The AI MoonshotScore is 17/100, indicating a strong bearish outlook. Key factors: analyst coverage, AI-driven quantitative scoring.
FIG: the 4 perspectives are evenly split. Dominant signal: Izzy Englander bullish.
How is this calculated? →Figma, Inc. (FIG) Technology Profile & Competitive Position
Figma, Inc. provides a collaborative, browser-based design platform, streamlining UI/UX workflows for design and development teams. Its suite of tools, including Figma Design and FigJam, fosters real-time collaboration and efficient product development, positioning it as a key player in the application software sector.
What Is the Investment Thesis for FIG?
Figma, Inc. presents a notable research candidate within the application software sector. With a current market capitalization of $10.30B, Figma has established itself as a leader in collaborative UI/UX design. The company's impressive gross margin of 82.4% highlights its pricing power and efficient cost structure. Key growth catalysts include the continued adoption of its platform by design and development teams, expansion into new markets, and the integration of AI-powered features like Figma Make. However, the company's negative profit margin of -124.5% raises concerns about profitability. The company's beta of -0.72 suggests lower volatility compared to the overall market. Investors should monitor Figma's ability to achieve profitability, navigate competitive pressures, and capitalize on its growth opportunities.
Based on FMP financials and quantitative analysis
FIG Key Highlights
- Market capitalization of $10.30B reflects investor confidence in Figma's growth potential.
- Gross margin of 82.4% indicates strong pricing power and efficient cost management.
- Browser-based platform fosters accessibility and collaboration for design and development teams.
- Figma Design and FigJam are key products driving user engagement and platform adoption.
- Expansion into AI-powered features like Figma Make presents opportunities for innovation and differentiation.
Who Are FIG's Competitors?
FIG is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| MSTR Strategy Inc | $101.75 | +0.97% | $30.23B | — |
| JBL Jabil Inc. | $338.22 | -0.90% | $35.44B | 65 |
| ZM Zoom Communications, Inc. | $84.93 | -2.54% | $24.90B | 91 |
| VRSN VeriSign, Inc. | $259.13 | +1.05% | $23.58B | — |
| PTC PTC Inc. | $125.69 | +0.91% | $14.52B | 86 |
| NOW ServiceNow, Inc. | $108.69 | +2.23% | $112.09B | 71 |
| RSASF RESAAS Services Inc. | $0.30 | +2.76% | $25.04M | 69 |
| PDFS PDF Solutions, Inc. | $59.18 | -11.51% | $2.44B | 68 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are FIG's Key Strengths?
- Collaborative, browser-based platform
- Strong brand recognition in the design community
- Innovative features and AI-powered tools
- Scalable business model
What Are FIG's Weaknesses?
- Negative profit margin
- Reliance on subscription revenue
- Limited presence in certain geographic markets
- Potential for disruption from emerging technologies
What Could Drive FIG Stock Higher?
- Continued adoption of Figma by design and development teams.
- Launch of new AI-powered features to enhance design workflows.
- Expansion into new geographic markets, particularly in Asia-Pacific.
- Strategic partnerships with other technology companies.
What Are the Key Risks for FIG?
- Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.
- Increased competition from established players in the design software market.
- Economic downturn impacting subscription revenue.
- Security breaches compromising user data.
- Changes in design trends and user preferences.
- Negative profit margin impacting long-term sustainability.
What Are the Growth Opportunities for FIG?
- Growth opportunity 1: Expansion into enterprise accounts represents a significant growth opportunity for Figma. Large organizations are increasingly recognizing the importance of design in driving business outcomes and are seeking comprehensive design solutions that can scale across their operations. Figma's platform, with its collaborative features and design system capabilities, is well-suited to meet the needs of enterprise clients. By targeting enterprise accounts, Figma can secure long-term contracts and generate recurring revenue streams. The market for enterprise design software is estimated to be worth billions of dollars, offering substantial growth potential for Figma.
- Growth opportunity 2: Integration of AI-powered features, such as Figma Make, can further enhance the platform's capabilities and attract new users. AI can automate repetitive design tasks, generate design suggestions, and personalize the user experience. By leveraging AI, Figma can empower designers to be more creative and efficient. The market for AI-powered design tools is rapidly expanding, driven by advancements in machine learning and natural language processing. Figma's early adoption of AI positions it as a leader in this emerging field.
- Growth opportunity 3: Geographic expansion into new markets, particularly in Asia-Pacific and Latin America, presents a significant growth opportunity for Figma. These regions are experiencing rapid economic growth and increasing adoption of digital technologies, creating a strong demand for design tools. By localizing its platform and tailoring its marketing efforts to these markets, Figma can tap into a large and growing customer base. The global market for design software is estimated to be worth billions of dollars, with significant growth potential in emerging markets.
- Growth opportunity 4: Development of new product offerings, such as specialized design tools for specific industries or use cases, can further diversify Figma's revenue streams and expand its market reach. By catering to the unique needs of different industries, Figma can attract new customers and strengthen its competitive position. The market for specialized design software is fragmented, with opportunities for companies to develop niche solutions that address specific industry challenges. Figma's platform architecture and design expertise provide a strong foundation for developing new product offerings.
- Growth opportunity 5: Strategic partnerships with other technology companies, such as software developers and cloud service providers, can expand Figma's reach and integrate its platform into existing workflows. By partnering with complementary technology providers, Figma can offer a more comprehensive solution to its customers and enhance its value proposition. The market for technology partnerships is vast, with opportunities for companies to collaborate on a wide range of initiatives. Figma's open API and collaborative platform make it an attractive partner for other technology companies.
What Opportunities Does FIG Have?
- Expansion into enterprise accounts
- Integration of AI-powered features
- Geographic expansion into new markets
- Development of new product offerings
What Threats Does FIG Face?
- Intense competition from established players
- Economic downturn impacting subscription revenue
- Security breaches compromising user data
- Changes in design trends and user preferences
What Are FIG's Competitive Advantages?
- Network effects: The more users on the platform, the more valuable it becomes.
- Switching costs: Users become heavily reliant on Figma's tools and workflows.
- Scalability: Browser-based platform allows for easy scaling and accessibility.
- Innovation: Continuous development of new features and AI-powered tools.
What Does FIG Do?
Figma, Inc., founded in 2012 and headquartered in San Francisco, California, has revolutionized the user interface (UI) and user experience (UX) design landscape with its innovative, browser-based platform. Recognizing the need for real-time collaboration and accessibility in design workflows, Figma developed a suite of tools that empower design and development teams to work together seamlessly, regardless of their location. The company's flagship product, Figma Design, allows teams to explore ideas, gather feedback, build interactive prototypes, and establish robust design systems. Complementing Figma Design is FigJam, a digital whiteboard that facilitates brainstorming, decision-making, and project alignment. Figma Slides offers designers a dedicated presentation tool, while Figma Draw provides expressive illustration capabilities. Further expanding its offerings, Figma Buzz enables the creation of branded templates for social media and advertising, Figma Sites simplifies website design and publishing, and Figma Make leverages AI to accelerate prototype development. Figma's platform has become a central hub for design and development teams worldwide, fostering collaboration, streamlining workflows, and accelerating product innovation. Its browser-based architecture eliminates the need for software installations and ensures accessibility across various operating systems, making it a versatile solution for diverse teams.
What Products and Services Does FIG Offer?
- Develops a browser-based user interface design tool.
- Provides a collaborative design platform for teams.
- Offers Figma Design for exploring ideas and gathering feedback.
- Enables building realistic prototypes and streamlining product development.
- Provides FigJam for brainstorming and decision-making.
- Offers Figma Slides for creating presentations.
- Provides AI-powered tools like Figma Make for rapid prototyping.
How Does FIG Make Money?
- Offers a subscription-based pricing model.
- Generates revenue from individual and team subscriptions.
- Provides enterprise-level plans with advanced features and support.
- Monetizes its platform through usage-based billing.
What Industry Does FIG Operate In?
Figma, Inc. operates within the rapidly evolving application software sector, driven by the increasing demand for user-friendly and collaborative design tools. The global UI/UX design market is experiencing substantial growth, fueled by the proliferation of digital products and the importance of user experience in driving customer engagement. Figma's browser-based platform and collaborative features have positioned it as a key player in this competitive landscape, challenging established players like MSTR: Strategy Inc and PTC: PTC Inc. The industry is characterized by continuous innovation, with companies constantly seeking to enhance design workflows and integrate emerging technologies like artificial intelligence.
Who Are FIG's Key Customers?
- UI/UX designers
- Product managers
- Web developers
- Marketing teams
- Enterprise organizations
FY2026 estForward Outlook
Wall Street analysts project Figma, Inc. revenue of about $1.43B for fiscal 2026, with EPS near $0.28. The estimate reflects 10 contributing analysts.
F-Score 3/9Financial Health
Figma, Inc.'s Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 5.59 places it in the safe zone, indicating low near-term bankruptcy risk.
Key Financial Metrics
Return on assets is -64.0%, showing how much profit it generates from its asset base. Its free cash flow yield is 2.5%, a gauge of the cash the business throws off relative to its market value. A current ratio of 2.50 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -14.1%, the inverse of the P/E and a quick read on earnings relative to price.
Figma, Inc. (FIG) Valuation Context
Valued at $10.30B, FIG is classified as a large-cap stock. Relative to its peer group, FIG's quantitative score of 17/100 is below the peer average of 81/100.
Company Profile
Figma, Inc. operates in the Software - Application industry within the Technology sector. It is headquartered in San Francisco, US. The company is led by CEO Dylan Field. FIG has traded publicly since 2025.
FIG Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Figma's recent insider buying suggests strong confidence in the company's future, indicating that key stakeholders believe in its growth trajectory.
- Community sentiment has shifted positively, with many users praising recent updates and features that enhance user experience and collaboration.
- The design and collaboration market is expanding, with Figma positioned as a leader, attracting new users and retaining existing ones.
- Recent partnerships and integrations have bolstered Figma's ecosystem, making it an indispensable tool for design teams across various industries.
Bear Case
- Despite positive sentiment, there's growing competition in the design software space, with new entrants potentially threatening Figma's market share.
- Some community members express concerns about Figma's ability to scale effectively while maintaining its user-friendly interface amid rapid growth.
- Recent discussions highlight potential challenges around pricing strategies as Figma seeks to monetize its platform further, which could alienate some users.
- Market volatility and economic uncertainty may impact Figma's growth projections, causing caution among investors and stakeholders.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · February 2026
FIG Latest News
-
Groq Founder Jonathan Ross Says 'I Was a Terrible Leader,' Admits Mistakes Cost Years
benzinga · Jul 6, 2026
-
David Sacks Says Palantir's Alex Karp Was 'Exactly Right' to Warn Enterprises Against Feeding Data to OpenAI and Anthropic— the Figma Story Shows Why
benzinga · Jul 4, 2026
-
Dow Jones Hits Record High as Chip Bloodbath Sinks Nasdaq 100: Stock Market Today
benzinga · Jul 2, 2026
-
AI Chips Power Wall Street Higher, Dow Eyes Records: Stock Market Today
benzinga · Jun 30, 2026
FIG Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for FIG.
Price Targets
Consensus target: $38.30
FIG MoonshotScore
What does this score mean?
The MoonshotScore rates FIG's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Latest News
Groq Founder Jonathan Ross Says 'I Was a Terrible Leader,' Admits Mistakes Cost Years
David Sacks Says Palantir's Alex Karp Was 'Exactly Right' to Warn Enterprises Against Feeding Data to OpenAI and Anthropic— the Figma Story Shows Why
Dow Jones Hits Record High as Chip Bloodbath Sinks Nasdaq 100: Stock Market Today
AI Chips Power Wall Street Higher, Dow Eyes Records: Stock Market Today
Latest Figma, Inc. Analysis
Leadership: Dylan Field
CEO
Dylan Field is the co-founder and CEO of Figma, Inc. He studied computer science at Brown University, where he met his co-founder, Evan Wallace. Field dropped out of Brown in 2012 to pursue Figma full-time after receiving a Thiel Fellowship. His background in computer science and passion for design led him to create a platform that empowers designers and developers to collaborate more effectively. Field's leadership has been instrumental in driving Figma's growth and establishing it as a leading player in the UI/UX design space.
Track Record: Under Dylan Field's leadership, Figma has experienced rapid growth and widespread adoption. He has overseen the development of key products like Figma Design and FigJam, and has successfully navigated the company through various funding rounds. Field has also fostered a strong company culture focused on innovation and collaboration. A key milestone under his leadership was the introduction of AI-powered features like Figma Make, demonstrating a commitment to staying at the forefront of technology.
FIG Technology Stock FAQ
What does Figma, Inc. do?
Figma, Inc. develops and provides a browser-based collaborative design platform primarily used for user interface (UI) and user experience (UX) design. Their platform enables designers, product managers, and developers to work together in real-time, streamlining the design process from ideation to prototyping and development. Figma's suite of tools includes Figma Design, FigJam, and Figma Slides, catering to various design needs, including creating interactive prototypes, brainstorming ideas, and building design systems. The company's focus on collaboration and accessibility has made it a popular choice among design teams of all sizes.
What do analysts say about FIG stock?
As of 2026-05-09, there is no publicly traded stock for Figma, Inc. (FIG). It is a private company. Therefore, there is no analyst consensus, valuation metrics, or growth considerations available for FIG stock. Any investment analysis would need to be based on private market valuations and projections, which are not publicly accessible. Investors interested in Figma would need to explore potential future IPO scenarios or private equity investment opportunities.
What are the main risks for FIG?
As a technology company in the competitive application software sector, Figma, Inc. faces several key risks. One significant risk is the potential for increased competition from established players like Adobe and emerging startups. Maintaining its technological edge and continuing to innovate is crucial. Another risk is the reliance on subscription revenue, which can be vulnerable to economic downturns and customer churn. Data security is also a major concern, as any breaches could damage Figma's reputation and lead to customer loss. Additionally, changes in design trends and user preferences could render Figma's platform obsolete if the company fails to adapt.
What are the key factors to evaluate for FIG?
Figma, Inc. (FIG) holds an AI score of 17/100 (low). Analysts target $38.30 (+81%). Not financial advice.
How frequently does FIG data refresh on this page?
FIG prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven FIG's recent stock price performance?
Figma, Inc. (FIG) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Collaborative, browser-based platform. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider FIG overvalued or undervalued right now?
Valuing Figma, Inc. (FIG) requires multiple metrics. Analysts target $38.30 (+81%) — upside seen. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying FIG?
Before investing in Figma, Inc. (FIG), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data as of 2026-05-09.
- Financial data may be limited due to the company being privately held.