NYSE:FIG

Figma Stock News

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$22.79
-1.50 (-6.18%)
At Close: Jun 03, 2026
When people think of artificial intelligence (AI), chatbots like ChatGPT, Perplexity, Grok, and a host of others are probably the first things to come to mind.
Figma  (FIG -19.74%) dazzled investors by tripling in its debut in July, a clear sign of excitement about the design software stock, but its first earnings report gave investors a different taste of
Figma, Inc. FIG posted mixed second-quarter results after Wednesday's closing bell.
Shares of Figma (FIG -18.51%) are sinking on Thursday, down 18.3% as of 1:09 p.m. ET. The drop comes as the S&P 500 and the Nasdaq Composite both gained 0.4%.
Figma, Inc (NYSE: FIG) shares slid 18% to $55.75 in midday trading on Thursday even as the design software seller reported slightly better than expected financial results for its second quarter 2025.

Why Figma Stock Is Plummeting Today

12:54pm, Thursday, 04'th Sep 2025
Figma (FIG -18.32%) stock is sinking rapidly in Thursday's trading. The company's share price was down 17.7% as of 12:30 p.m.

Why Is Figma Stock Plunging Thursday?

12:18pm, Thursday, 04'th Sep 2025
Figma Inc. FIG shares plunged nearly 19% Thursday following the release of its second-quarter results after Wednesday's market close.
Figma shares fell after giving an annual revenue outlook that failed to impress investors. Figma is the latest of a string of momentum IPOs pulling back from recent highs, reports Bloomberg's Bailey L
Figma's stock fell to its lowest since the company's first day on the market in July. After soaring 250% in its market debut, Figma has lost more than half its value.
The plot has thickened for the tumbling Figma stock price as the post IPO freefall accelerated after the company published its earnings report. FIG plunged by 14% to $58, down by over 52% from its all
On Wednesday, September 3, Figma released its first earnings report since going public in July, bringing with it a significant change in tide.
Figma's shares fell more than 15% in premarket trading on Thursday following a modest first-quarter earnings beat that fell short of the sky-high expectations set by its blockbuster July stock debut.
Wells Fargo lowered the firm's price target on Figma to $70 from $82 and keeps an Equal Weight rating on the shares. The firm says the inaugural print post-IPO was as expected. Initial guide looks pru
Figma's revenue growth is set to slow below hypergrowth levels by 2026, risking a sharp valuation compression from its current 82x forward free cash flow. The competitive landscape is fierce, with fre
CNBC's MacKenzie Sigalos talks Figma's warning on margins and lack of AI monetization overshadowing better-than-expected guidance.
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