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

Figma (NYSE:FIG)‘s stock had its “overweight” rating reissued by research analysts at Piper Sandler in a research report issued on Thursday,Benzinga reports. They presently have a $35.00 price objective on the stock. Piper Sandler’s price objective would indicate a potential upside of 44.45% from the stock’s current price.

A number of other research firms have also weighed in on FIG. JPMorgan Chase & Co. reduced their price objective on Figma from $65.00 to $60.00 and set a “neutral” rating for the company in a research note on Thursday, November 6th. Stifel Nicolaus began coverage on Figma in a research report on Wednesday, January 7th. They issued a “hold” rating and a $40.00 price objective on the stock. Morgan Stanley cut their target price on shares of Figma from $65.00 to $48.00 and set an “equal weight” rating for the company in a report on Thursday, January 15th. Royal Bank Of Canada lowered their price target on shares of Figma from $65.00 to $38.00 and set a “sector perform” rating on the stock in a report on Monday, January 5th. Finally, The Goldman Sachs Group assumed coverage on shares of Figma in a research report on Monday, January 12th. They set a “neutral” rating and a $40.00 price target on the stock. Four research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $47.75.

Figma Stock Up 4.9%

Shares of NYSE FIG opened at $24.23 on Thursday. Figma has a 52 week low of $19.85 and a 52 week high of $142.92. The business’s 50 day moving average price is $31.38 and its 200 day moving average price is $47.25. The firm has a market cap of $10.08 billion and a P/E ratio of -9.04.

Figma (NYSE:FIG) last announced its quarterly earnings data on Wednesday, February 18th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of ($0.20) by $0.28. The business had revenue of $303.78 million during the quarter. Figma had a negative net margin of 99.32% and a negative return on equity of 84.34%. The business’s revenue for the quarter was up 40.1% on a year-over-year basis.

Insider Transactions at Figma

In other Figma news, CAO Tyler Herb sold 2,232 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $24.86, for a total value of $55,487.52. Following the transaction, the chief accounting officer directly owned 195,926 shares of the company’s stock, valued at $4,870,720.36. This trade represents a 1.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, General Counsel Brendan Mulligan sold 5,227 shares of the company’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $25.00, for a total value of $130,675.00. Following the completion of the sale, the general counsel owned 850,489 shares of the company’s stock, valued at $21,262,225. This trade represents a 0.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 1,781,925 shares of company stock valued at $59,260,303. Insiders own 45.20% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Whittier Trust Co. of Nevada Inc. purchased a new position in Figma during the third quarter worth about $26,000. NewEdge Advisors LLC purchased a new stake in shares of Figma during the 3rd quarter valued at approximately $26,000. DV Equities LLC acquired a new position in Figma in the fourth quarter valued at approximately $26,000. Concord Wealth Partners grew its position in Figma by 1,446.8% in the fourth quarter. Concord Wealth Partners now owns 727 shares of the company’s stock worth $27,000 after acquiring an additional 680 shares during the period. Finally, Harbour Investments Inc. increased its stake in Figma by 1,568.2% during the fourth quarter. Harbour Investments Inc. now owns 734 shares of the company’s stock worth $27,000 after acquiring an additional 690 shares during the last quarter.

Key Figma News

Here are the key news stories impacting Figma this week:

• Positive Sentiment: Q4 beat and upgraded guidance — Figma reported $303.8M revenue (+40% YoY) and EPS of $0.08 (vs. -$0.20 est.), and issued FY2026 revenue guidance (~$1.366–1.374B) implying ~30% growth, which topped Street expectations. Figma forecasts upbeat annual revenue on strong design momentum, Reuters
• Positive Sentiment: AI monetization and limits — Management signaled AI monetization ramp: starting March it will enforce monthly AI usage limits and introduce pay-as-you-go for heavy users, creating a consumption revenue stream on top of seat-based subscriptions. This is positioned as a near-term revenue catalyst. Figma stock jumps 15% as company sees AI monetization accelerating growth, CNBC
• Positive Sentiment: Anthropic partnership & product adoption — New “Code to Canvas” integration with Anthropic (Claude) and surging adoption of Figma Make (heavy non-designer usage and cross-product stickiness) expand TAM and embed Figma into developer workflows. Figma partners with Anthropic to turn AI-generated code into editable designs, CNBC
• Neutral Sentiment: Investor materials & transcripts available — Conference call transcript, slide deck and multiple analyst notes provide detail for modeling retention (NDR 136%) and ARR/customer trends. Use these to stress-test growth vs. margin assumptions. Figma Q4 2025 Earnings Call Transcript, Yahoo Finance
• Negative Sentiment: Profitability and GAAP metrics still mixed — despite the beat, Figma reports a negative net margin (~-99%) and negative ROE; investors should watch how much adjusted profitability depends on stock-based comp and non-GAAP adjustments. Figma Stock Info and Earnings Summary, MarketBeat
• Negative Sentiment: Execution & perception risks — concerns remain about partnership risks, competitive dynamics (Adobe, AI entrants) and recent insider selling / post-IPO volatility that have pressured the multiple. Figma investors cheer growth but concerns remain, MSN

About Figma

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.