
FIG Stock Forecast & Price Target
FIG Analyst Ratings
Bulls say
Figma Inc. demonstrated strong performance in its latest financial reports, with a year-over-year revenue increase of 41%, reaching $249.6 million, which supports its reputation for best-in-class growth. The number of $10K+ annual recurring revenue (ARR) customers rose significantly, highlighting robust user growth and the successful implementation of new features such as Figma Make, which has become increasingly utilized by the company's higher-tier customers. Additionally, the acquisition of Weavy enhances Figma's platform with advanced AI capabilities, further augmenting its comprehensive approach to software design and indicating solid prospects for future expansion and revenue generation.
Bears say
Figma Inc. is experiencing a decline in gross margins, with Q3 gross margin recorded at 86%, down from 90% in the previous quarter, primarily due to AI-related expenses from its new features. The company faces a potential downside scenario projecting revenue of $1.1 billion, which is below the current year estimates, attributed to decelerating adoption and softer upsell activity. Furthermore, Figma is exposed to several investment risks, including intense competition, potential disaggregation from AI advancements, and challenges associated with international revenue, which constitutes a significant portion of its total income.
This aggregate rating is based on analysts' research of Simplify Macro Strategy ETF and is not a guaranteed prediction by Public.com or investment advice.
FIG Analyst Forecast & Price Prediction
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