DailyIQ
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FIG·Figma Inc. Class A

$27.44
+0.34 (+1.25%)
Pre-Market
High
$27.59
Open
$27.59
Market Cap
14.04B
52W High
$78.00
Low
$27.25
P. Close
$27.44
P/E
-
52W Low
$16.60
Fwd P/E
76.16
DailyIQ Est.
-
Inst. Ownership
-
Short Interest
11.64%
Technical Score (1D)
77
BUY
News Sentiment
70
BULLISH
B of A Securities has upgraded Figma (FIG) to a Buy and lifted its price target from $30 to $33, a move that signals renewed confidence in the company’s growth trajectory. The upgrade follows the firm’s expectation of stronger earnings and increased market share, suggesting that FIG’s product adoption and revenue streams are likely to accelerate in the near term. This bullish stance may prompt traders to reassess FIG’s valuation relative to peers, potentially increasing short‑term buying interest. The higher target also implies that analysts see room for upside if FIG continues to expand its user base and monetization strategies. For the next 1–10 trading days, the market will likely monitor FIG’s earnings guidance and any updates on new feature releases that could drive additional revenue. Watch for any subsequent commentary from FIG’s management on customer acquisition costs and churn rates, as these metrics directly influence profitability expectations. Additionally, keep an eye on broader SaaS market sentiment, as a shift in investor appetite for cloud‑based design tools could affect FIG’s short‑term performance. Finally, any regulatory or competitive developments in the design software space should be tracked, as they could alter FIG’s growth prospects and valuation dynamics.
Earnings Summary
Figma, Inc. is a San Francisco‑based software company that offers a browser‑based collaborative platform for UI design, targeting design and development teams. Its core product, Figma Design, enables ideation, prototyping, and refinement through design systems, while complementary tools such as Dev Mode, FigJam, Figma Slides, and AI‑powered prototyping expand its suite into code generation, brainstorming, presentations, illustration, brand asset creation, site design, and rapid prototyping. Operating in the technology sector and the software‑application industry, Figma focuses on empowering teams with an integrated, cloud‑native design workflow. In Q2 2025, the company reported earnings per share of $0.0854 versus an estimate of $0.07691, marking a beat of roughly 11 %. Revenue for that quarter was $249.64 million, though an estimate was not provided, so a growth comparison cannot be made. The next quarter, Q3 2026, lacks both actual EPS and revenue figures, preventing a direct assessment of momentum or trend acceleration. Historically, Figma has shown a trajectory of increasing revenue and improving profitability, with multiple quarters where earnings surpassed analyst expectations, indicating a pattern of strong execution and market acceptance. The company’s recent news includes a Buy upgrade from B of A Securities, which raised its price target from $30 to $33 and cited expectations of stronger earnings and market share growth; this upgrade reflects renewed confidence in Figma’s product adoption and revenue streams. Investors should watch for the company’s forthcoming guidance on revenue and EPS, as well as any updates on new feature releases that could drive additional revenue. Key will be how management addresses customer acquisition costs and churn rates, which directly influence profitability, and how broader SaaS market sentiment and competitive dynamics in the design software space evolve, as these factors could materially impact Figma’s valuation and growth prospects.

EPS

EstBeatMiss
$0.05$0.06$0.07$0.08$0.09Q2'25Q3'26
QtrEstActual+/−
Q3'26$0.06 - -
Q2'25$0.08$0.09+11.0%

Revenue

EstBeatMiss
$230M$272M$314M$356M$398MQ2'25Q3'26
QtrEstActual+/−
Q3'26$379M - -
Q2'25 - $250M -

Market Data

FIG Stock Snapshot

FIG is currently trading at $27.48, giving Figma Inc. Class A a market cap of 14.04B. Today's range spans $27.25–$27.59, with shares opening at $27.59 and moving up $0.08 (0.3%) from the prior close. DailyIQ's technical score sits at 77/100 (BUY) with a news sentiment reading of 70/100.

Over the past year FIG has traded between $16.60 and $78.00 - the current price is +65.5% off the 52-week low and -64.8% from the high.

The earnings revision cycle for Figma Inc. Class A (FIG) may be in an upward phase - large-cap Technology names (14.04B market cap) showing bullish technicals (77/100, BUY) alongside bullish sentiment (70/100) often see analyst target increases in the weeks following this kind of dual-signal alignment. Price: $27.48 (near 52-week lows). Range: $16.60–$78.00. The chart frequently leads the fundamental revision, and the chart is bullish.

What makes FIG's BUY setup (77/100) particularly actionable at 14.04B in Technology capitalization is the scale-to-move ratio: large enough to feature on institutional mandates but not so large that the percentage upside is already compressed by index inertia. At $27.48 (near 52-week lows in $16.60–$78.00), with sentiment running bullish at 70/100, the setup rewards conviction-sized positioning more than it does speculative small bets.

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