Figma (NYSE:FIG) Given “Overweight” Rating at Piper Sandler

Figma (NYSE:FIG)‘s stock had its “overweight” rating reissued by analysts at Piper Sandler in a research report issued on Friday, Marketbeat Ratings reports. They currently have a $30.00 target price on the stock, down from their previous target price of $35.00. Piper Sandler’s price objective would suggest a potential upside of 47.96% from the stock’s current price.

A number of other research firms also recently commented on FIG. Wells Fargo & Company decreased their target price on Figma from $52.00 to $42.00 and set an “overweight” rating on the stock in a research report on Thursday, February 19th. Royal Bank Of Canada cut their price target on Figma from $38.00 to $31.00 and set a “sector perform” rating for the company in a report on Thursday, February 19th. The Goldman Sachs Group set a $35.00 price objective on Figma in a research note on Thursday, February 19th. Stifel Nicolaus decreased their price objective on Figma from $40.00 to $30.00 and set a “hold” rating on the stock in a report on Thursday, February 19th. Finally, Morgan Stanley lowered their target price on Figma from $44.00 to $38.00 and set an “equal weight” rating for the company in a research report on Friday. Four equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $41.88.

Figma Stock Performance

FIG opened at $20.28 on Friday. The stock has a market capitalization of $9.01 billion and a price-to-earnings ratio of -6.50. The company has a fifty day moving average of $21.70 and a 200 day moving average of $30.03. Figma has a fifty-two week low of $16.60 and a fifty-two week high of $142.92.

Figma (NYSE:FIG) last announced its quarterly earnings results on Thursday, May 14th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of ($0.17) by $0.27. Figma had a negative net margin of 121.87% and a negative return on equity of 97.03%. The business had revenue of $333.44 million for the quarter. The company’s quarterly revenue was up 46.1% on a year-over-year basis. On average, equities research analysts forecast that Figma will post -0.69 earnings per share for the current year.

Insider Buying and Selling

In other Figma news, CRO Shaunt Voskanian sold 8,554 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $30.00, for a total transaction of $256,620.00. Following the sale, the executive directly owned 1,580,181 shares in the company, valued at $47,405,430. This represents a 0.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Andrew Phillips Reed acquired 912,749 shares of the stock in a transaction dated Monday, February 23rd. The stock was bought at an average cost of $24.30 per share, with a total value of $22,179,800.70. Following the completion of the purchase, the director directly owned 1,466,852 shares in the company, valued at approximately $35,644,503.60. The trade was a 164.73% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold a total of 745,697 shares of company stock valued at $22,665,009 in the last quarter. 45.20% of the stock is currently owned by insiders.

Institutional Trading of Figma

A number of institutional investors have recently bought and sold shares of the stock. Alphabet Inc. bought a new stake in shares of Figma in the 3rd quarter worth about $11,182,000. Mirae Asset Global Investments Co. Ltd. grew its holdings in Figma by 69.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 285,055 shares of the company’s stock valued at $10,653,000 after purchasing an additional 116,681 shares during the last quarter. Rit Capital Partners PLC purchased a new stake in Figma in the 3rd quarter worth about $2,592,000. Freestone Capital Holdings LLC bought a new stake in Figma in the fourth quarter worth about $10,297,000. Finally, Baillie Gifford & Co. lifted its stake in Figma by 93.8% in the fourth quarter. Baillie Gifford & Co. now owns 5,763,613 shares of the company’s stock worth $215,386,000 after purchasing an additional 2,789,986 shares during the last quarter.

Key Headlines Impacting Figma

Here are the key news stories impacting Figma this week:

• Positive Sentiment: Figma reported Q1 revenue of $333.4 million and EPS of $0.10, beating expectations, with revenue up 46.1% year over year and signs that customers are expanding usage and spending. Figma Announces First Quarter 2026 Financial Results
• Positive Sentiment: The company raised its full-year revenue forecast to about $1.422 billion-$1.428 billion and lifted non-GAAP operating income guidance, suggesting AI-driven growth is translating into stronger financial performance. Figma raises annual revenue forecast as AI drives strong design demand
• Positive Sentiment: Management said adoption of Figma’s AI tools is helping convert more users to paid plans and increasing usage across larger corporate accounts, which supports a stronger long-term monetization story. Figma Lifts Outlook With More Customers, Bigger Spending
• Neutral Sentiment: Investor attention is also on whether Figma can keep sustaining its AI momentum amid broader concerns that competition and regulatory issues could affect the software and AI landscape. Anthropic spat with US emerges as risk factor for Figma, others

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.