Figma, Inc.

NYSE:FIG Stock Report

Market Cap: US$12.8b

Figma Future Growth

Future criteria checks 1/6

Figma is forecast to grow earnings and revenue by 25.3% and 18.3% per annum respectively. EPS is expected to grow by 26.5% per annum. Return on equity is forecast to be 13.4% in 3 years.

Key information

25.3%

Earnings growth rate

26.52%

EPS growth rate

Software earnings growth19.9%
Revenue growth rate18.3%
Future return on equity13.38%
Analyst coverage

Good

Last updated06 Aug 2026

Recent future growth updates

Recent updates

Narrative Update Aug 07

FIG: AI Investments And Margin Pressure Will Set Up Future Upside Potential

Analysts have reset their price target for Figma to $37.00 from about $92.12, citing updated assumptions around higher revenue growth, a slightly higher discount rate, a modestly lower profit margin outlook, and a lower future P/E multiple. What’s in the News for Figma Figma reported second quarter 2026 results that were ahead of revenue and profit estimates, with revenue up 48% helped by the first full quarter of monetizing AI credits.
Narrative Update Aug 06

Figma is getting stronger. The economics are still catching up.

In my last update, I said AI was both a margin pressure and a long-term value driver for Figma. This quarter basically confirmed both sides.
Seeking Alpha Aug 02

Figma Q2 Earnings Preview: Adobe Is A Better Option

Summary Figma is rated Hold as valuation remains high despite strong growth and AI-driven expansion. FIG's revenue growth decelerated to 41% YoY in 2025, with gross margin compressing from ~89% to ~82%. Stock-based compensation is a major concern, driving a large GAAP operating loss and significant shareholder dilution. I see fair value near the IPO price of $33, with upside contingent on disciplined expense management and shareholder protection. Read the full article on Seeking Alpha
Narrative Update Jul 24

FIG: AI Tools And Hybrid Usage Model Will Shape Future Upside

Analysts have trimmed their Figma price target to $30.40. This reflects updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E that point to a more measured outlook on the stock.
Narrative Update Jul 10

FIG: AI Features And Index Inclusion Will Shape A Measured Outlook

Analysts have revised their price target on Figma stock to $22 from $52, reflecting updated views on its projected revenue growth, profit margins, discount rate, and future P/E assumptions. What’s in the News for Figma Bank of America reinstated coverage on Figma with a Buy rating and a US$30 price target, highlighting the company’s use of AI in its browser based, collaborative design platform and pointing to increased enterprise adoption and AI credit purchases as key factors.
Narrative Update Jun 26

FIG: AI Monetization And Usage Model Will Drive Future Upside

Analysts have revised their Figma price target from $65.25 to $36.11. This change reflects updated assumptions for revenue growth, profit margins and future P/E multiples in their models.
New Narrative May 15

FIG: Maximizing Institutional Alpha through the Alternative Credit Pivot and the Accelerated Private Capital Inflection Point

Fortress Investment Group (FIG), a global leader in alternative asset management and highly specialized credit strategies, is navigating a powerful operational rebirth in 2026. Following its successful transition back to an independent, multi-partnership structure, the firm has emerged as the essential liquidity architect for distressed debt and massive infrastructure recapitalizations.
Narrative Update Feb 20

Figma is still elite

Figma is still strong at the product level. Deeply embedded in modern product teams.
Analysis Article Aug 27

Weekly Picks: 💸 A dividend-rich sleep-tech play few investors are watching, and 2 other picks.

The main catalyst behind Sleep Cycle’s upside potential, why JB Hi-Fi might have lost its point of difference, and the bear, base and bull case for Figma.
Narrative Update Aug 25

Figma (FIG): The S&P 500’s Design Standard Turning Into an All-in-One Platform

TickerTickle has increased profit margin from 10.0% to 25.0%, increased future PE multiple from 30.0x to 40.0x and decreased discount rate from 10.0% to 8.4%.

Earnings and Revenue Growth Forecasts

NYSE:FIG - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20282,243-7933483707
12/31/20271,801-54722524514
12/31/20261,471-57618820911
6/30/20261,281-1,527251249N/A
3/31/20261,161-1,401231251N/A
12/31/20251,056-1,250237251N/A
9/30/2025969-977239284N/A
6/30/2025893104256294N/A
3/31/2025821-7254554N/A
12/31/2024749-732-69-62N/A
12/31/20235052861,0411,047N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FIG is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: FIG is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: FIG is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: FIG's revenue (18.3% per year) is forecast to grow faster than the US market (12.8% per year).

High Growth Revenue: FIG's revenue (18.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FIG's Return on Equity is forecast to be low in 3 years time (13.4%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/07 00:33
End of Day Share Price 2026/08/07 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Figma, Inc. is covered by 22 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tal LianiBofA Global Research
Matthew BullockBofA Global Research
Bradley SillsBofA Global Research