JPMorgan Chase & Co. Issues Pessimistic Forecast for Figma (NYSE:FIG) Stock Price

Figma (NYSE:FIG) had its price target decreased by investment analysts at JPMorgan Chase & Co. from $45.00 to $42.00 in a research note issued on Friday,Benzinga reports. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 87.49% from the company’s current price.

Other analysts have also issued research reports about the stock. Stifel Nicolaus set a $25.00 price target on shares of Figma in a research report on Friday. Piper Sandler reaffirmed an “overweight” rating and set a $30.00 price objective (down from $35.00) on shares of Figma in a research report on Friday. BTIG Research began coverage on Figma in a research note on Monday, April 13th. They set a “neutral” rating on the stock. Royal Bank Of Canada dropped their target price on Figma from $31.00 to $28.00 and set a “sector perform” rating for the company in a research report on Friday. Finally, Wall Street Zen raised shares of Figma from a “sell” rating to a “hold” rating in a research note on Sunday, February 8th. Four equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $38.63.

Figma Stock Performance

NYSE FIG traded up $2.16 during trading on Friday, hitting $22.40. The stock had a trading volume of 51,412,935 shares, compared to its average volume of 15,565,408. The stock has a market capitalization of $9.95 billion and a price-to-earnings ratio of -7.15. The stock has a 50 day simple moving average of $21.70 and a 200 day simple moving average of $30.03. Figma has a one year low of $16.60 and a one year high of $142.92.

Figma (NYSE:FIG) last issued its earnings results on Thursday, May 14th. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of ($0.17) by $0.27. Figma had a negative return on equity of 97.03% and a negative net margin of 121.87%.The business had revenue of $333.44 million for the quarter. The business’s quarterly revenue was up 46.1% on a year-over-year basis. On average, sell-side analysts predict that Figma will post -0.69 EPS for the current year.

Insiders Place Their Bets

In other news, CAO Tyler Herb sold 1,678 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $28.47, for a total value of $47,772.66. Following the sale, the chief accounting officer directly owned 188,913 shares in the company, valued at $5,378,353.11. This represents a 0.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CRO Shaunt Voskanian sold 8,554 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $30.00, for a total transaction of $256,620.00. Following the transaction, the executive directly owned 1,580,181 shares in the company, valued at $47,405,430. The trade was a 0.54% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 745,697 shares of company stock valued at $22,665,009. Corporate insiders own 45.20% of the company’s stock.

Hedge Funds Weigh In On Figma

A number of hedge funds have recently made changes to their positions in FIG. SC US Ttgp LTD. purchased a new position in shares of Figma in the 3rd quarter valued at $1,310,305,000. ICONIQ Capital LLC bought a new stake in Figma in the 3rd quarter valued at about $1,108,879,000. a16z Capital Management L.L.C. acquired a new position in shares of Figma in the 3rd quarter worth approximately $842,687,000. Viking Global Investors LP purchased a new position in Figma during the fourth quarter valued at approximately $214,967,000. Finally, Durable Capital Partners LP purchased a new position in Figma during the third quarter valued at approximately $278,510,000.

Figma News Roundup

Here are the key news stories impacting Figma this week:

• Positive Sentiment: Figma reported Q1 earnings of $0.10 per share, easily beating expectations, while revenue rose 46.1% year over year to $333.44 million, signaling continued momentum in the business. Figma Announces First Quarter 2026 Financial Results
• Positive Sentiment: The company raised full-year 2026 revenue guidance to about $1.422 billion-$1.428 billion and also increased non-GAAP operating income guidance, reinforcing the view that AI adoption is improving monetization and enterprise demand. Figma raises annual revenue forecast as AI drives strong design demand
• Positive Sentiment: Several articles highlighted that the results were Figma’s biggest earnings beat since going public, with management saying growth drivers are “kicking into high gear,” which helped fuel investor enthusiasm around the stock. Figma Inc (FIG) Q1 2026 Earnings Call Highlights
• Neutral Sentiment: Wall Street analysts responded with mixed-to-cautious changes: Piper Sandler reaffirmed an overweight rating but cut its target to $30, Morgan Stanley lowered its target to $38 with an equal-weight rating, and RBC reduced its target to $28 with a sector-perform rating. Analyst target changes
• Negative Sentiment: The analyst price-target cuts suggest some concern about how much near-term upside remains after the sharp post-earnings move, even though all three targets still sit above the current share price. Analyst target changes

About Figma

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.