Figma (FIG · NYSE)

TechnologyMedia & EntertainmentNYSEUSALarge

Shaping What’s Next in Design

Where creativity meets collaboration and scales globally

Figma Inc

FIG: NYSE

21.80 USD

-42.01%

year to date

Market Cap$11.90B

Avg Volume18.35M

Price$21.80-2.37%

P/E Ratio78.08fwd

Pricing delayed 20 minutes Sep 22, 2026, 8:00 PM

Collaborative design revolution
Figma continues to benefit from strong network effects, with 132% net revenue retention in Q1 2025. Adoption across the Fortune 500 and multi-product usage underline its enterprise traction.
Platform economics expansion
Recent launches—Make, Sites, Buzz, Draw—extend Figma well beyond core design workflows. This broadens its addressable market across app creation, marketing content, and visual tooling.
AI integration leadership
Figma is embedding AI at the core, with user adoption of AI tools rising sharply year over year. Features like Dev Mode and token-based AI usage position it ahead in monetisable AI workflows.

Big tech competitive pressure
Large platforms like Microsoft and Google are building AI-driven design tools into broader ecosystems.
Economic sensitivity exposure
Figma’s premium valuation leaves little room for slowdown if enterprise budgets come under pressure. As a design-first platform, it may be deprioritised in cost-cutting environments.
Platform concentration risk
Figma’s growth remains closely tied to designer workflows and product team habits. A shift in adoption patterns or tool consolidation trends could slow platform expansion.