Figma, Inc. (NYSE:FIG) Receives $67.43 Consensus PT from Analysts

Shares of Figma, Inc. (NYSE:FIG) have been assigned an average rating of “Hold” from the ten research firms that are covering the stock, MarketBeat.com reports. Seven equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $67.4286.

Several analysts recently issued reports on FIG shares. Wolfe Research started coverage on Figma in a research report on Monday, August 25th. They set a “peer perform” rating for the company. Morgan Stanley cut their price objective on shares of Figma from $80.00 to $70.00 and set an “equal weight” rating for the company in a report on Thursday, September 4th. Wells Fargo & Company reduced their price objective on shares of Figma from $82.00 to $70.00 and set an “equal weight” rating on the stock in a research report on Thursday, September 4th. William Blair restated an “outperform” rating on shares of Figma in a research report on Thursday, September 4th. Finally, Wall Street Zen raised shares of Figma to a “hold” rating in a research note on Saturday, August 9th.

Figma Stock Performance

Shares of FIG stock opened at $54.30 on Friday. Figma has a one year low of $50.49 and a one year high of $142.92. The firm has a market cap of $22.27 billion and a PE ratio of 73.38.

Figma (NYSE:FIG) last issued its quarterly earnings results on Wednesday, September 3rd. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.15). The business had revenue of $249.64 million during the quarter, compared to analyst estimates of $248.97 million. Figma has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS.

Insider Activity

In related news, major shareholder Greylock Xiv Gp Llc sold 3,074,755 shares of the business’s stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $31.51, for a total value of $96,885,530.05. Following the sale, the insider directly owned 2,921,029 shares in the company, valued at approximately $92,041,623.79. The trade was a 51.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mamoon Amjad Hamid sold 2,756,020 shares of the firm’s stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $31.52, for a total value of $86,869,750.40. Following the transaction, the director owned 1,559,622 shares of the company’s stock, valued at $49,159,285.44. This represents a 63.86% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have bought 312,500 shares of company stock valued at $10,312,500 and have sold 19,617,451 shares valued at $618,294,215. 45.20% of the stock is currently owned by company insiders.

About Figma

Figma is where teams come together to turn ideas into the world’s best digital products and experiences. Every day, billions of people around the world use apps, websites, and other digital experiences that are made in Figma. They’re looking up directions on Google Maps; requesting rides with Uber; checking in for flights on JetBlue; streaming shows on Netflix; learning languages with Duolingo; asking questions of Claude; connecting on LinkedIn; buying goods on Mercado Libre; or booking stays and experiences with Airbnb.