SeekingAlpha · Sep 10, 2026
Figma's AI Bet Is Paying Off, But The Easy Money Is Gone
Figma Q2 revenue surged 48% YoY as AI monetization grows, but margins lag from SBC and AI costs.
FI
NYSE · FIG
Figma, Inc.
Technology · Software - Application
$23.88
Down-$1.12 (-4.69%)
Updated Sep 16, 2026, 4:01 PM
SID Score
4.7/10
Composite research score
Smart Money
62/100
Neutral
- Market cap
- 18.86B
- P/E ratio
- -15.76
- Dividend yield
- 0.00%
- 52-week range
- $16.60 – $40.18
- Volume
- 8.49M
- Avg. volume
- 9.5M
Price performance
FIG price history
1M range · 20 trading sessions · Daily adjusted prices
FIG closed at $23.88 after 20 trading sessions, down 8.19% for the selected period.
- Last close
- $23.88
- Period change
- -8.19%
- Period low
- $22.01
- Period high
- $30.62
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Sep 15, 2026 | $23.54 | $24.785 | $23.48 | $23.88 | 8.49M |
| Sep 14, 2026 | $24.00 | $24.28 | $23.15 | $23.91 | 14.38M |
| Sep 11, 2026 | $21.90 | $23.36 | $21.80 | $23.20 | 13.54M |
| Sep 10, 2026 | $21.96 | $22.575 | $21.62 | $22.14 | 16.77M |
| Sep 9, 2026 | $23.05 | $23.1434 | $21.83 | $22.01 | 17.92M |
| Sep 8, 2026 | $24.00 | $24.10 | $22.57 | $22.75 | 19.43M |
| Sep 4, 2026 | $24.69 | $25.02 | $23.895 | $24.12 | 16.51M |
| Sep 3, 2026 | $26.36 | $26.75 | $25.13 | $25.22 | 16.82M |
| Sep 2, 2026 | $26.78 | $27.24 | $25.68 | $25.73 | 9.63M |
| Sep 1, 2026 | $27.06 | $28.39 | $26.57 | $27.20 | 10.65M |
| Aug 31, 2026 | $27.60 | $28.00 | $27.31 | $27.49 | 19.94M |
| Aug 28, 2026 | $30.18 | $30.9199 | $28.765 | $28.82 | 19.1M |
| Aug 27, 2026 | $28.00 | $31.22 | $27.74 | $30.62 | 27.59M |
| Aug 26, 2026 | $26.03 | $27.42 | $25.63 | $27.03 | 10.28M |
| Aug 25, 2026 | $27.20 | $27.97 | $26.86 | $27.27 | 10.67M |
| Aug 24, 2026 | $26.97 | $27.60 | $26.63 | $27.44 | 8.38M |
| Aug 21, 2026 | $27.20 | $27.78 | $26.47 | $27.10 | 10.74M |
| Aug 20, 2026 | $27.11 | $28.03 | $26.84 | $27.31 | 15.44M |
| Aug 19, 2026 | $26.35 | $27.30 | $26.09 | $26.79 | 13.56M |
| Aug 18, 2026 | $25.25 | $26.47 | $25.25 | $26.01 | 13.82M |
Latest FIG news
The latest Smart Investors Daily articles mentioning FIG.
Stock researchCompany · Overview
FIG research
Overview
Company profile and research snapshot.
Company profile
Figma Inc is engaged in transforming ideas into digital products and experiences. The group focuses on the entire software creation lifecycle, enabling it to quickly launch new products on Figma's browser-based platform and reinforcing its belief that design extends well beyond a single step or role. The company adopts an expansive view, as design is more than how something looks, feels, or works. It derives its revenue from sales of subscriptions for access to its platform.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- —
- Average target
- $63.75
- Implied upside
- —
- Analysts
- —
| Date | Firm | Rating | Target |
|---|---|---|---|
| Sep 14, 2026 | Keybanc | Sector Weight | — |
| Aug 19, 2026 | B of A Securities | Buy | — |
| Aug 7, 2026 | Citigroup | Buy | — |
| Jul 24, 2026 | Citigroup | Buy | — |
| Jul 7, 2026 | B of A Securities | Buy | — |
News briefing
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SeekingAlpha · Sep 10, 2026
Figma: Down 69% And Still Not Cheap
Figma is a Hold, reflecting strong 48% revenue growth and 136% net dollar retention but an extreme 79x forward earnings multiple. Click for more on FIG stock.
Yahoo · Sep 9, 2026
Adobe Is Inviting Figma Users to Test a New AI Design Tool. Should Investors Worry?
Adobe Inc. (NASDAQ:ADBE) is asking designers who use Figma, Inc. (NYSE:FIG) and similar tools to help test Project Oasis, a web-based graphic-design tool with brand-aware AI. The September 7 community invitation seeks feedback under a nondisclosure agreement before public launch. That makes it an early competitive signal, with neither customer wins nor meaningful revenue established. […]
Yahoo · Sep 9, 2026
Figma General Counsel Sells 109,000 Shares for $2.8 Million
Brendan Mulligan disposed of 15% of his equity stake under a pre-scheduled Rule 10b5-1 trading plan adopted in May, retaining ~609,000 shares worth $13.9 million.
AI research layers
Interpretive context generated from the platform’s current data sources.
No results
AI research layers have not been published yet.
