Figma, Inc. (NYSE:FIG) Receives $38.33 Consensus Target Price from Brokerages

Shares of Figma, Inc. (NYSE:FIG) have been given an average rating of “Hold” by the sixteen ratings firms that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $37.00.

Several equities analysts recently issued reports on the stock. Wells Fargo & Company cut their price objective on shares of Figma from $42.00 to $36.00 and set an “overweight” rating on the stock in a report on Friday. Piper Sandler reaffirmed an “overweight” rating and issued a $30.00 price target on shares of Figma in a report on Thursday. Oppenheimer reiterated a “market perform” rating on shares of Figma in a research note on Thursday. JPMorgan Chase & Co. lowered their price objective on shares of Figma from $45.00 to $42.00 and set a “neutral” rating for the company in a research note on Friday, May 15th. Finally, Citigroup started coverage on shares of Figma in a research note on Wednesday, June 17th. They set a “buy” rating and a $36.00 price objective for the company.

Figma Stock Up 10.3%

Shares of FIG stock opened at $18.58 on Friday. The firm has a market cap of $8.28 billion and a price-to-earnings ratio of -5.42. The company’s 50 day moving average is $20.28 and its 200 day moving average is $25.74. Figma has a 52-week low of $16.60 and a 52-week high of $142.92.

Figma (NYSE:FIG) last issued its quarterly earnings data on Thursday, May 14th. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.17) by $0.27. The company had revenue of $333.44 million for the quarter. Figma had a negative net margin of 123.83% and a negative return on equity of 98.51%. Figma’s revenue for the quarter was up 46.1% compared to the same quarter last year. Analysts anticipate that Figma will post -0.78 EPS for the current fiscal year.

Insider Buying and Selling at Figma

In other news, CFO Praveer Melwani sold 83,974 shares of Figma stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $22.77, for a total transaction of $1,912,087.98. Following the completion of the sale, the chief financial officer directly owned 1,749,024 shares in the company, valued at approximately $39,825,276.48. The trade was a 4.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Kris Rasmussen sold 327,046 shares of Figma stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $25.07, for a total transaction of $8,199,043.22. Following the sale, the chief technology officer owned 9,771,529 shares of the company’s stock, valued at $244,972,232.03. The trade was a 3.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 694,220 shares of company stock valued at $17,023,005. Company insiders own 45.20% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Parallel Advisors LLC lifted its position in Figma by 3,890.0% during the first quarter. Parallel Advisors LLC now owns 1,197 shares of the company’s stock valued at $25,000 after purchasing an additional 1,167 shares during the period. NewEdge Advisors LLC acquired a new position in Figma during the third quarter valued at $26,000. DV Equities LLC acquired a new position in Figma during the fourth quarter valued at $26,000. Concord Wealth Partners lifted its position in Figma by 1,446.8% during the fourth quarter. Concord Wealth Partners now owns 727 shares of the company’s stock valued at $27,000 after purchasing an additional 680 shares during the period. Finally, Harbour Investments Inc. lifted its position in Figma by 1,568.2% during the fourth quarter. Harbour Investments Inc. now owns 734 shares of the company’s stock valued at $27,000 after purchasing an additional 690 shares during the period.

Key Stories Impacting Figma

Here are the key news stories impacting Figma this week:

• Positive Sentiment: Citi initiated coverage with a Buy rating and a $36 price target, saying the market may be underestimating Figma’s ability to monetize AI. Citi Initiates Figma (FIG) With a Buy Rating, Here’s What You Need to Know
• Positive Sentiment: Piper Sandler reaffirmed an Overweight rating and kept a $30 price target, reinforcing the view that the stock has meaningful upside from current levels. Benzinga coverage of Piper Sandler rating
• Positive Sentiment: At Config 2026, Figma unveiled new AI-driven product capabilities, including an “Intelligent Canvas” aimed at full-stack product creation, which could support future revenue growth and help improve monetization. Figma Unveils AI-Powered ‘Intelligent Canvas’ for Full-Stack Product Creation at Config 2026

Figma Company Profile

Figma is a San Francisco–based software company that offers a web-based platform for interface design, prototyping and collaboration. Its flagship product, Figma, enables teams to create and refine user interfaces, vector graphics and design systems directly in a browser, eliminating the need for local installations. The platform’s real-time collaboration features allow multiple stakeholders—designers, developers and product managers—to edit and comment simultaneously, streamlining workflows and reducing version control issues.

In addition to its core design tool, Figma provides FigJam, a digital whiteboarding solution that facilitates brainstorming sessions, wireframing and diagramming.