Figma (NYSE:FIG) Stock Price Target Lowered at JPMorgan Chase & Co.

Figma (NYSE:FIG) had its price objective decreased by analysts at JPMorgan Chase & Co. from $28.00 to $24.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 30.61% from the stock’s current price.

Other equities analysts have also recently issued research reports about the company. Weiss Ratings raised Figma from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, October 6th. Bank of America raised their target price on shares of Figma from $30.00 to $33.00 and gave the stock a “buy” rating in a report on Wednesday, August 19th. Telsey Advisory Group started coverage on shares of Figma in a research report on Monday. They issued a “hold” rating on the stock. Piper Sandler restated an “overweight” rating on shares of Figma in a report on Monday, October 26th. Finally, Wells Fargo & Company cut their price target on shares of Figma from $34.00 to $30.00 and set an “overweight” rating on the stock in a report on Monday, October 12th. Four research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $28.90.

Figma Stock Down 17.0%

FIG stock traded down $3.75 during mid-day trading on Thursday, reaching $18.38. The company had a trading volume of 30,115,093 shares, compared to its average volume of 16,812,836. The stock’s 50-day simple moving average is $23.03 and its two-hundred day simple moving average is $23.06. The stock has a market capitalization of $8.36 billion, a P/E ratio of -5.05 and a beta of 1.17. Figma has a one year low of $16.60 and a one year high of $46.79.

Figma (NYSE:FIG) last posted its quarterly earnings data on Wednesday, November 4th. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.22) by $0.32. Figma had a negative net margin of 123.15% and a negative return on equity of 100.03%. The business had revenue of $391.42 million during the quarter. During the same quarter last year, the business earned $0.10 earnings per share. The company’s revenue was up 42.8% on a year-over-year basis. On average, research analysts forecast that Figma will post -0.75 EPS for the current fiscal year.

Insider Activity

In other Figma news, CAO Tyler Herb sold 2,000 shares of the company’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $30.00, for a total transaction of $60,000.00. Following the completion of the sale, the chief accounting officer directly owned 252,640 shares in the company, valued at $7,579,200. This represents a 0.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Lynn Vojvodich Radakovich sold 20,266 shares of the firm’s stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $22.63, for a total value of $458,619.58. Following the completion of the sale, the director directly owned 84,809 shares in the company, valued at approximately $1,919,227.67. This represents a 19.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 406,002 shares of company stock worth $11,128,663. Insiders own 32.26% of the company’s stock.

Institutional Trading of Figma

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FIG. Seelaus Asset Management LLC lifted its holdings in shares of Figma by 6.9% during the third quarter. Seelaus Asset Management LLC now owns 12,217 shares of the company’s stock worth $257,000 after buying an additional 788 shares during the last quarter. Kestra Advisory Services LLC increased its position in Figma by 3.2% during the third quarter. Kestra Advisory Services LLC now owns 25,976 shares of the company’s stock worth $546,000 after acquiring an additional 803 shares during the period. Allen Operations LLC increased its position in Figma by 4.3% during the first quarter. Allen Operations LLC now owns 19,596 shares of the company’s stock worth $414,000 after acquiring an additional 813 shares during the period. D.A. Davidson & CO. raised its stake in Figma by 9.7% during the 1st quarter. D.A. Davidson & CO. now owns 12,230 shares of the company’s stock valued at $259,000 after purchasing an additional 1,085 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in Figma by 2.8% during the 3rd quarter. Commonwealth Equity Services LLC now owns 41,617 shares of the company’s stock valued at $875,000 after purchasing an additional 1,133 shares during the last quarter.

Figma News Summary

Here are the key news stories impacting Figma this week:

• Positive Sentiment: Figma reported Q3 revenue of $391.4 million, up 42.8% year over year, and earnings of $0.10 per share, beating estimates. It also raised its 2026 revenue outlook to $1.497 billion–$1.499 billion and forecast Q4 revenue of $402 million–$404 million. Figma raises 2026 outlook and provides Q4 forecast
• Positive Sentiment: Management is seeking to monetize rising AI usage through credit add-ons and an in-house design model; a report noted usage increased after Figma repriced AI credits. If successful, these efforts could support growth and improve margins over time. Figma: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: RBC lowered its price target to $24 from $28 and retained a “sector perform” rating, signaling a more cautious outlook while still implying potential upside from the cited share price. Benzinga coverage of RBC price-target change
• Neutral Sentiment: Two executives sold shares under pre-arranged Rule 10b5-1 plans. The sales were a small portion of their remaining holdings, which may temper concern about the transactions. Tyler Herb Form 4 filing
• Negative Sentiment: Investors’ concerns about AI economics appear to outweigh the earnings beat: AI features are boosting usage, but the cost of delivering them is weighing on near-term profitability. Figma’s investment in AI models and agents adds uncertainty about whether the company can monetize demand and protect margins. Figma stock falls as investors weigh AI costs

Figma Company Profile

Figma, Inc (NYSE: FIG) develops collaborative software for designing digital products and user experiences. Its browser-based platform enables teams to create, prototype, review and manage designs in real time, supporting collaboration among designers, developers, product managers and other stakeholders.

The company’s product portfolio includes Figma Design, a collaborative interface-design and prototyping tool; FigJam, an online whiteboard for brainstorming and planning; and Dev Mode, which helps developers inspect designs and translate them into software.