
FIG Stock Forecast & Price Target
FIG Analyst Ratings
Bulls say
Figma Inc. demonstrated strong financial performance in its latest fiscal quarter, reporting revenue of $249.6 million, reflecting a 41% year-over-year increase, which surpasses previous growth rates. The company's ability to add over 1,000 new $10K+ annual recurring revenue (ARR) customers sequentially and achieve 129% net dollar retention among these clients highlights robust demand for its platform and existing customer engagement. Additionally, the acquisition of Weavy enhances Figma's capabilities and further supports its strategy of expanding its platform, positioning the company favorably for continued revenue growth and improved operating leverage in the future.
Bears say
Figma Inc. is experiencing a downward trend in gross margins, with Q3 figures declining to 86% from 90% due to increased AI-related expenses associated with new features like Figma Make. Additionally, forecasts indicate a potential revenue drop to $1.1 billion in a downside scenario, primarily driven by decelerating adoption and reduced upsell activities impacting the company's overall financial outlook. Investment risks, including heightened competition from major players and uncertainties surrounding the success of newer products, further contribute to a cautious perspective on Figma's stock performance.
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
Start investing in FIG
Order type
Buy in
Order amount
Est. shares
0 shares