Figma Stock Poised for 99% Upside Despite Rough Debut

5 hours ago 1

Vandita Jadeja

Tue, June 16, 2026 astatine 12:14 PM CDT 4 min read

Quick Read

Figma (FIG) sits 84% beneath its highest astatine $18.51, yet our $36.88 terms people signals a near-100% upside with a BUY rating.
With 46.1% gross maturation and 2026 profitability expected, the bull lawsuit is real, but a -41.2% operating borderline and AI contention bounds conviction.
Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and Figma didn't marque the cut. Grab the names FREE today.

Figma (NYSE:FIG) has had a brutal archetypal twelvemonth arsenic a nationalist company, and the question connected each shareholder's caput is whether the plan bundle person tin ascent backmost to $50 earlier year-end. After moving the numbers, my reply is no, but the way higher from present inactive looks attractive.

A antheral wearing glasses and a maroon t-shirt sits astatine a desk, looking intently astatine a ample machine show displaying fiscal banal charts with reddish and greenish lines. To his right, a laptop besides shows akin charts. In the background, an adjacent larger projection oregon surface displays blue-hued fiscal graphs. The antheral holds a smartphone oregon tiny tablet successful his close hand, his near manus resting nether his chin successful a thoughtful pose. The table is dark, with a glowing bluish keyboard visible.

The 24/7 Wall St. terms people for Figma is $36.88 implicit the adjacent 12 months, good abbreviated of $50 but implying meaningful upside from existent levels. With shares astatine $18.51, that is simply a 99.24% imaginable gain. The 24/7 Wall St. exemplary flags Figma arsenic a bargain campaigner with mean confidence.

A Painful First Year arsenic a Public Company

Figma's debut has been ugly. Shares are down 83.97% from the $115.50 level reached successful July 2025, disconnected 50.47% twelvemonth to date, and down 12.27% conscionable successful the past week. The banal precocious revisited its 52-week debased of $16.60, a agelong mode from the $142.92 all-time high.

News travel has not helped. CEO Dylan Field sold $4.36 cardinal successful banal nether a pre-arranged 10b5-1 plan, portion CTO Kris Rasmussen, CFO Praveer Melwani, and CRO Shaunt Voskanian besides trimmed positions successful precocious May and aboriginal June. Fundamentally, though, Figma is executing. Q1 2026 gross came successful astatine $303.78 million, with year-over-year gross maturation of 46.1%.

How We Calculated $36.88

The 24/7 Wall St. terms people blends accepted valuation inputs with proprietary origin adjustments tested against humanities performance.

For Figma, the guardant P/E of 68x against antagonistic trailing EPS of -$4.08 makes earnings-based valuation tricky, truthful the exemplary leans much heavy connected price-to-sales and expert consensus. The Street's statement people is $36.88, anchored by 3 bargain ratings and 9 holds.

Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and Figma didn't marque the cut. Grab the names FREE today.

Our adjustments are mixed. Sentiment is constructive, with a composite people of 62.95 speechmaking bullish. Offsetting that, we use a downward accommodation for insider selling, AI competitory risk, and the EV/EBITDA speechmaking of 441x, which signals the exemplary should not extrapolate excessively aggressively until profitability lands.

Read Entire Article