FIG

Figma, Inc. (FIG) reported earnings 30 days ago. What's next for the stock?

Figma beat estimates on the top and bottom lines, but it wasn't enough to please investors. Other earnings reports show the software sector looking resilient despite the AI threat.

Brendan Mulligan sold 211,599 shares on August 28, 2026, for an estimated value of ~$6.3 million. The transaction size was equal to 23% of the stake held prior to the filing.

Figma stock continued its recovery this week, reaching its highest level since March 5 this year. FIG jumped to $30.62, up by 81% from its lowest level this year, mirroring the performance of other top software companies like Salesforce, Adobe, and Palantir.

Sell-side analysts are piling Holds on three high-flying software names while major institutions keep quietly building positions, and the gap between what the smart money owns and what analysts will endorse may tell you more about the next move than

Figma has lost more than half its value since IPO even as revenue growth accelerated, creating a rare tension between a beaten-down chart and fundamentals that are quietly getting stronger.

Figma (NYSE:FIG) stock is up 12% to $30.27 Thursday morning, while Atlassian (NASDAQ:TEAM | TEAM Price Prediction) stock is climbing 8% to $181.71.

Figma stock has rebounded modestly in the past few weeks and is showing signs of bottoming. FIG jumped to $26.35 on Thursday, up from the double-bottom level of $16.80.

FIG raises its 2026 revenue outlook as AI credit use broadens, while Q3 guidance and beta-product costs keep monetization and margins in focus.

Figma remains a contrarian "Buy," offering hyper-growth, strong net retention, and reasonable valuation despite recent share price weakness and market skepticism. FIG posted Q2 revenue growth of 48% y/y to $370.1 million, beating expectations, with net dollar retention at an exceptional 136% and gross margins reaching 85%. AI-driven agentic features and credit monetization are driving deeper customer engagement and supporting both top-line acceleration and margin expansion.