NYSE: FIG

FIGMA (FIG) Stock Analysis & Forecast

Sep 28 close

$20.25−0.60 (−2.9%)

Gekko Brief

AI summary

This week's coverage of FIGMA (FIG) centers on a series of comparative pieces weighing it against peers including UiPath, Palantir Technologies, ServiceNow, and CrowdStrike. The recurring theme concerns Figma's revenue growth profile against the profitability and free cash flow strength of these larger, more established peers, with ServiceNow's nearly $4.6 billion in free cash flow and CrowdStrike's premium valuation cited as points of contrast to Figma's growth-over-profitability trajectory.

FIG closed at $20.25, down 2.9%, sitting below both its 50-day average of $24.41 and 200-day average of $24.88, with the 50-day below the 200-day. The stock's 1-month return stands at -33.9%, though the 3-month return is positive at 6.1%. The GekkoIndex reads 68.6, placing it in the Accumulation zone. Price remains 24.9% below Gekko Fair Value, which stands at $26.96.

Figma's next earnings report is scheduled for 4 November, 36 days out, placing it outside a typical 20-trading-day holding window. The prior report on 5 August showed an EPS beat against estimates alongside a reaction of -11.6%, with the company citing revenue of $370 million, up 48% year-over-year, and net dollar retention of 136%. Over the last 30 days, 2 unusual options signals were recorded, with call premium of $1,049,327 against put premium of $204,443. Consensus among 10 analysts includes 5 buy and 5 hold ratings, with a consensus target of $30.80.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

FIGMA price vs fair value

$26.96$20.25Sep ’25Mar ’26Sep ’26
Close $20.25200-day averageGekko Fair Value $26.96

FIGMA quick facts

Market cap
$9.87B
P/E ratio
—
Forward P/E
60.6
EPS, TTM
−$4.35
Revenue, TTM
$1.28B
Profit margin
-123.2%
Dividend yield
—
Beta
—
Volume
10.16M avg 14.26M
1-year return
−62.8%
Typical daily move
±5.7%
Typical 20-day move
±19%
50-day average
$24.41
200-day average
$24.88
Next earnings
Nov 4 after close
Shares outstanding
455.1M
52-week range
$16.60$71.48

FIGMA swing-trade checklist

FIGMA scores 4 supportive, 0 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

4 supportive0 mixed1 headwind

  • Trendheadwind

    Below 50 and 200-day

    Close $20.25 is below the 50-day ($24.41) and 200-day ($24.88) averages, and the 50-day is below the 200-day.

    See the chart
  • GekkoIndexsupportive

    68.6, Accumulation

    Reading 68.6 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    24.9% below

    Price is 24.9% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 30 days: 2 unusual options signals.

    See smart money
  • Earnings risksupportive

    Reports in 36 days

    Next report Nov 4, 2026, 36 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalityno data

    No data

    Not enough years of history for a seasonal read.

A description of current data, not a recommendation. How this page works

FIGMA stock chart and price history

FIGMA closed at $20.25 on Sep 28, 2026, −62.8% over the past year, inside a 52-week range of $16.60 to $71.48.

Close50-day average200-day averageVolume
FIGMA share price, past year, with 50-day and 200-day moving averages and volume$40$60NovDecJan 2026FebMarAprMayJunJulAugSep20.25

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−33.9%
3 months
+6.1%
6 months
+0.3%
1 year
−62.8%
The full FIG chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open FIG in Gekko

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About FIGMA

Figma builds a design platform that runs in the browser, letting teams work together on digital products from early concept through to finished builds. It is best known for its core design tool, which supports idea exploration, feedback gathering, prototyping and the use of shared design systems across a product team.

Beyond that central offering, Figma organizes its business around a set of connected tools sold through subscription access to its platform. These include Dev Mode for turning designs into code, FigJam for group brainstorming and decision-making, and Figma Slides for presentations. It also offers Figma Draw for illustration work, Figma Buzz for producing branded marketing assets, and Figma Sites for building and publishing web pages. Its lineup extends to Figma Make and Figma Weave, both built around AI-assisted design and media creation, alongside Payload CMS, an open-source content management system the company acquired.

Figma was incorporated in 2012 and is based in San Francisco, California. Its shares are listed on the NYSE under the ticker FIG.

Listed
NYSE
Sector
Technology services
Industry
Packaged software
Website
figma.com

FIGMA GekkoIndex: the smart money zone

FIGMA’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 68.6, in the Accumulation zone, up 4.4 points over five sessions.

010068.6Accumulation

Up 4.4 points over five sessions.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying49−3.2%−5.3%−0.9%−24.5%
Accumulation (current zone)138−1.4%−2.5%−6.1%−16.1%
Neutral94−1.3%−3.7%−8.6%−7.7%
Distribution5Too few readings yet
Selling0Not available

Average FIG share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the FIG price, zone by zone.Track FIG in Gekko

Is FIGMA stock overvalued? Gekko Fair Value

FIGMA trades 24.9% below Gekko Fair Value of $26.96, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what FIGMA shares are worth, recalculated every trading day.

$26.96

Gekko Fair Value, Sep 29, 2026

24.9% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open FIG in Gekko

FIGMA insider and Congress trading

No open-market insider purchases were filed for FIGMA, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for FIG in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every FIG insider filing, plotted on the chart in Gekko.Open FIG in Gekko

Congress trades last 90 days

No trades in FIG were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for FIG, plotted on the chart in Gekko.Open FIG in Gekko

Buybacks

FIGMA has been buying back its own shares.

Bought back, quarter ended Jun 30, 2024
$861K
As a share of market cap
0.01%

From company filings.

Unusual options activity last 30 days

2signals, 84% of the flagged premium in calls.

Latest: Bullish flow on Sep 23, $695K in unusual premium.

Hedge funds and billionaires quarter ended Jun 30

3of the funds Gekko tracks hold FIG.

2added1opened0trimmed4sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko

FIGMA earnings: next date and track record

FIGMA reports on Nov 4, 2026, after the close (36 days away), and beat the EPS estimate in 4 of its last 5 reports.

4 of 5reports beat the EPS estimate
±11.2%average move across the report
3 of 4reports followed by a gain

Share-price move across each report

+0.4%Nov ’25+11.9%Feb ’26+21.0%May ’26−11.6%Aug ’26

Last earnings call, Aug 5, 2026 AI summary

What they said
Figma reported Q2 2026 revenue of $370 million, up 48% year-over-year, marking three consecutive quarters of accelerating growth. Net dollar retention was 136%, non-GAAP gross profit grew 40% YoY, and free cash flow margin was 14%. The company ended Q2 with $1.7 billion in cash. Key strategic initiatives include AI monetization expansion, Code Layers launch, and Figma Make enhancements enabling end-to-end product development within Figma.
Guidance
Management expressed confidence in the AI consumption opportunity ahead, citing early monetization patterns consistent with Figma's historical adoption curves. No specific revenue or earnings targets were disclosed in this excerpt.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 5, 2026−$0.20
est −$0.22
+9.1%$370.1M
est $351.6M
+5.3%−11.6%
May 14, 2026$0.10
est $0.06
+61.0%$333.4M
est $316.0M
+5.5%+21.0%
Feb 18, 2026−$0.34
est −$0.20
−70.0%$303.8M
est $293.1M
+3.6%+11.9%
Nov 5, 2025$0.10
est $0.05
+119.5%$274.2M
est $263.9M
+3.9%+0.4%
Jul 28, 2025$0.18
est $0.08
+122.5%$228.2M
est $248.6M
−8.2%—
Mar 31, 2025$0.02—$228.2M——
Dec 30, 2024$0.20—$216.9M——
Sep 29, 2024−$0.03—$198.6M——

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

FIGMA stock forecast and analyst price targets

Analysts’ average 12-month price target for FIGMA is $30.80, +52.1% from the last close, from 10 firms rating the stock in the last 90 days.

$30.80consensus 12-month target, +52.1% from the last close
Low $25High $37
Buy5
Hold5
Sell0

Each firm’s latest rating in the last 90 days: 10 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 14KeyBancHold, initiated——
Aug 19Bank of America SecuritiesBuy, reiterated$33+63.0%
Aug 7CitiBuy, maintained$37+82.7%
Aug 6Wells FargoBuy, maintained$34+67.9%
Aug 6Bank of America SecuritiesBuy, reiterated$30+48.1%
−6.1%average 20-day move after past Accumulation readings
±5.7%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

FIGMA market cap and key statistics

FIGMA’s market cap is $9.87B and revenue of $1.28B over the last twelve months.

Valuation

Market cap
$9.87B
Forward P/E
60.6
EPS, TTM
−$4.35
Gekko Fair Value
$26.96

Trading

Volume
10.16M
Avg volume, 20 days
14.26M
52-week high
$71.48
52-week low
$16.60
Shares outstanding
455.1M

Financials

Revenue, TTM
$1.28B
Profit margin
-123.2%
Return on equity
-108.6%
Quarterly earnings growth, YoY
−51.2%

Risk and income

Typical daily move
±5.7%
Typical 20-day move
±19%

FIGMA stock news this week

4 headlines about FIGMA from the past week, newest first, each linking to the publisher.

FIGMA peers

FIGMA’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
MSFTMicrosoft+0.7%Neutral17.3% above
PLTRPalantir Technologies+0.7%Neutral15.7% above
ORCLOracle−0.1%Accumulation25.9% below
PANWPalo Alto Networks+5.8%Neutral16.1% above
CRWDCrowdStrike+4.2%Neutral27.2% above
CRMSalesforce+1.0%Neutral5.9% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

FIGMA stock FAQ

What is FIGMA’s market cap?

FIGMA’s market cap is $9.87B at the Sep 28, 2026 close of $20.25, with 455.1M shares outstanding.

What is the FIGMA stock forecast?

The consensus analyst 12-month price target for FIGMA is $30.80, +52.1% from the last close. Of the 10 firms that rated the stock in the last 90 days, 5 rate it a buy, 5 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is FIGMA stock overvalued or undervalued?

On Gekko’s estimate FIGMA is undervalued: the Sep 28, 2026 close of $20.25 is 24.9% below Gekko Fair Value of $26.96. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does FIGMA report earnings next?

FIGMA is expected to report on Nov 4, 2026, after the market closes (36 days away). Analysts expect earnings of $0.05 per share on revenue of $375.8M. FIGMA beat the earnings estimate in 4 of its last 5 reports, moving 11.2% on average across the report.

What is FIGMA’s 52-week high and low?

FIGMA’s 52-week high is $71.48 and its 52-week low is $16.60; it closed at $20.25 on Sep 28, 2026, −62.8% over the past year. Over the last five years the shares peaked at $142.92 on Aug 1, 2025.

Is FIGMA stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 5 items with data read as supportive (gekkoindex, fair value, smart money and earnings risk) and 1 as a headwind (trend). The checklist is a description of current data, not a recommendation.

Is there unusual options activity in FIGMA?

Gekko flagged 2 unusual options signals in FIGMA over the last 30 days, with $1.05M of flagged premium in calls and $204K in puts. The latest, bullish flow, was on Sep 23, 2026 with $695K in unusual premium. The signal-by-signal table is in Gekko.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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