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FIG

Figma, Inc.

FIG

NYSE·Technology·Software - Application·Mkt cap $11.8B

$24.12

-4.34%

P/E

-7.66

Mkt Cap

$11.8B

52-Wk Range

$16.60–$71.48

52-Week Range

$16.60 - $71.48

P/E

-7.66

Fwd P/E

84.20

Beta

0.92

Div Yield

0.00%

Avg Vol

20.7M

Shares Out

487.5M

Mkt Cap

$11.8B

Price action

Price chart

Down 56.0% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Browser-based architecture enabling frictionless accessibility and real-time collaboration
  • Network effects from design system integration and team adoption
  • Comprehensive ecosystem of interconnected design and development tools
  • Strong developer integration with Dev Mode reducing design-to-code friction

Bear Case

2 risks

  • Average volatility.
  • Extreme premium - high expectations embedded

Growth

Turning profitable

AI and automation adoption transforming design workflows

Value

Extreme premium - high expectations embedded

Momentum

Strong

+10.9% over 3m

Quality

Excellent

Mixed fundamentals

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Sep 2, 2026

Q3 26 RECAP

AUG 5, 2026

Reported EPS of $0.08 vs $0.04 consensus (+95.0% surprise). Revenue of $370.1M vs $351.6M expected (+5.3%). Beat on both top and bottom lines.

EPS beat +95.0%
Rev beat +5.3%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+95.0%

Revenue trend · last 8Q

+46%

+41%

+38%

+40%

+46%

+48%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$198.6M

$216.9M

$228.2M

$249.6M

$274.2M

$303.8M

$333.4M

$370.1M

Margins · last 8Q

Gross

83.7%

Operating

-31.7%

Profit

-30.3%

Wall Street consensus

7 analysts · 43% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

3

43%

Hold

4

57%

Sell

0%

Median Price Target

Latest: Citi · Aug 7, 2026

vs Industry

How FIG stacks vs Software - Application

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.