
Figma, Inc. (FIG) Stock Forecast & Price Target
Figma, Inc. (FIG) Analyst Ratings
Bulls say
Figma Inc. demonstrated robust financial performance in Q3, with its $10K+ Annual Recurring Revenue (ARR) customer count increasing by 1,004 sequentially, highlighting strong user acquisition and expansion as a result of new innovations like Figma Make. The company reported a Net Revenue Retention (NRR) rate of 136%, representing a 5-point quarter-over-quarter increase, signifying effective customer engagement and upselling strategies. Additionally, the acquisition of Weavy enhances Figma's platform with additional AI capabilities, further positioning the company for sustained growth in the competitive digital product development market.
Bears say
Figma Inc. is experiencing significant pressure on its margins, with the gross margin decreasing to 86% in Q3, down from 90% in the previous quarter, primarily due to escalating AI-related expenses. Additionally, the operating income midpoint guidance of $105 million reflects a decline to just 7.7% operating margin, compared to 12.3% delivered in FY25, indicating challenges as the company increases its investments in AI and go-to-market initiatives. This combination of declining margins and increased operational costs has led to a revised price target, highlighting growing market uncertainty and execution risks associated with Figma's transition into the AI investment cycle.
This aggregate rating is based on analysts' research of Figma, Inc. and is not a guaranteed prediction by Public.com or investment advice.
Figma, Inc. (FIG) Analyst Forecast & Price Prediction
Start investing in Figma, Inc. (FIG)
Order type
Buy in
Order amount
Est. shares
0 shares