Figma (NYSE:FIG) Trading 4.8% Higher – Should You Buy?

Posted by Geri Gentry on Aug 20th, 2026

Figma, Inc. (NYSE:FIG – Get Free Report) shot up 4.8% on Tuesday . The company traded as high as $26.18 and last traded at $26.1860. Approximately 2,419,353 shares changed hands during trading, a decline of 87% from the average session volume of 18,206,395 shares. The stock had previously closed at $24.99.

Wall Street Analysts Forecast Growth

FIG has been the topic of a number of research reports. Morgan Stanley set a $33.00 price objective on Figma in a report on Thursday, August 6th. Wells Fargo & Company decreased their price target on shares of Figma from $42.00 to $36.00 and set an “overweight” rating on the stock in a research note on Friday, June 26th. JPMorgan Chase & Co. lowered their price target on shares of Figma from $45.00 to $42.00 and set a “neutral” rating on the stock in a research report on Friday, May 15th. Citigroup lifted their price objective on shares of Figma from $35.00 to $37.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Finally, Bank of America boosted their price objective on shares of Figma from $30.00 to $33.00 and gave the company a “buy” rating in a report on Wednesday. Five analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Figma has an average rating of “Hold” and a consensus price target of $32.56.

Read Our Latest Report on FIG

Figma Stock Performance

The company has a market cap of $12.18 billion and a P/E ratio of -7.35. The stock’s fifty day moving average price is $22.18 and its two-hundred day moving average price is $22.55.

Figma (NYSE:FIG – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.30. Figma had a negative net margin of 123.15% and a negative return on equity of 100.03%. The business had revenue of $370.08 million for the quarter. During the same period last year, the business earned $0.09 earnings per share. The business’s revenue was up 48.2% compared to the same quarter last year. On average, equities research analysts forecast that Figma, Inc. will post -0.75 EPS for the current year.

Insider Transactions at Figma

In related news, Director Daniel H. Rimer sold 12,475 shares of the company’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $25.39, for a total transaction of $316,740.25. Following the completion of the sale, the director directly owned 786,700 shares in the company, valued at $19,974,313. This represents a 1.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CRO Shaunt Voskanian sold 30,000 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $27.91, for a total value of $837,300.00. Following the completion of the sale, the executive directly owned 1,698,620 shares in the company, valued at $47,408,484.20. This trade represents a 1.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 1,354,072 shares of company stock worth $33,678,327. 32.26% of the stock is owned by insiders.

Institutional Investors Weigh In On Figma

Hedge funds have recently made changes to their positions in the stock. Greylock XIV GP LLC bought a new position in Figma in the 2nd quarter valued at approximately $1,056,824,403,000. a16z Capital Management L.L.C. bought a new stake in shares of Figma during the third quarter worth $842,687,000. Viking Global Investors LP bought a new stake in shares of Figma during the fourth quarter worth $214,967,000. Durable Capital Partners LP acquired a new position in shares of Figma during the third quarter worth $278,510,000. Finally, Thrive Capital Management LLC acquired a new position in shares of Figma during the third quarter worth $228,034,000.

Figma Company Profile

(Get Free Report)

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.