Figma (FIG) Down More Than 38% YTD, Here’s What You Need to Know

10 hours ago 1

Talha Qureshi

Mon, June 8, 2026 astatine 11:13 AM CDT 2 min read

Figma, Inc. (NYSE:FIG) is 1 of the AI Bubble Stocks to Short Now According to Reddit. The banal has declined much than 38% connected a year-to-date basis, and the stock's abbreviated interval has exceeded 36%. According to Reddit, galore investors are betting against Figma, Inc. (NYSE:FIG) owed to the looming menace from AI. However, the banal surged much than 44% successful May aft importantly beating Q1 gross expectations and raising its full-year guidance.

The institution posted quarterly gross of $333.44 cardinal successful Q1 2026, reflecting a 46% year-over-year growth. It was the 2nd consecutive 4th of accelerating growth. Management attributed the beardown enlargement crossed organizations to the accelerated adoption of AI products, including Figma Make, MCP, and Figma Weave. As a result, paid customers grew 54% twelvemonth implicit twelvemonth to astir 690,000, portion larger customers spending implicit $100,000 annually grew 48%.

AI adoption is proving to beryllium a meaningful operator of revenue, according to management, astir 60% of endeavor customers usage Figma Make weekly, and MCP play progressive users grew fivefold 4th implicit quarter. Looking ahead, the institution raised its full-year 2026 gross guidance by $55 cardinal to astir $1.425 billion.

Figma Inc. (NYSE:FIG) provides a browser-based level for design, prototyping, and gathering integer experiences.

While we admit the imaginable of FIG arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 9 Most Undervalued Foreign Stocks to Buy Now and 10 Most Undervalued US Stocks According to Hedge Funds.

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