Figma Price Prediction: The Stock Could Pop Over 125% This Year

By Vandita Jadeja Published May 13, 9:31AM EDT

Quick Read

Figma (FIG) posted Q4 revenue growth of 40% year over year with 84.76% gross margins and full-year 2025 revenue of $1.056 billion, while trading at 10x sales near its 52-week low after an 83.26% decline over the past year.
Figma’s stock price collapse reflects sentiment driven by Google’s free Gemini image-generation tools and a class-action investigation, but improving fundamentals including expected fiscal 2026 profitability and enterprise AI expansion create a 133% upside opportunity to the $45.08 price target.
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Figma Price Prediction: The Stock Could Pop Over 125% This Year — © Arsenii Palivoda / Shutterstock.com

Figma (NYSE:FIG) has had a brutal first nine months as a public company. After pricing its IPO at $33/share on July 31, 2025 and trading as high as $142.92, the design-software leader has collapsed back near its 52-week low. I see that drawdown as a buying opportunity.

Our 24/7 Wall St. price target for Figma is $45.08, implying 133.21% upside from $19.33. The recommendation is buy, with confidence at a moderate 50%, reflecting genuinely mixed signals between collapsing sentiment and improving fundamentals.

An infographic titled '24/7 Wall St. Price Prediction: Figma, Inc. (FIG) 12-Month Price Prediction'. The call section shows a current price of $19.33, with an arrow pointing to a price target of $45.08, indicating a 133.21% upside and a 'BUY' recommendation with a 50% (Moderate) confidence level. 'How We Got There' shows a Weighted Calculation with Trailing P/E-Based Price and Forward P/E-Based Price both excluded, an Analyst Consensus Target of $40.25 (Anchor), and a Final Weighted Price (Base) of $40.25. 'Our Adjustments (247Factor)' indicates a 1.12 Multiplier, with factors including Sector Momentum (Technology): +15% Multiplier, Analyst Sentiment: +1.6% (Mixed), Earnings Growth (YoY): -3% (Negative), Price Position: -1.5% (Near Low), and Market Cap Dampening: -30% on Growth Factor. The calculation is $40.25 Base x 1.12 Factor = $45.08 Final Target. A 'Bull Case (Upside Drivers)' lists Strong Revenue Growth (40% YoY in Q4), AI Product Velocity (Enterprise Expansion), and Valuation Reset (Trading at 10x Sales), with a Bull Case Price Target of $78.72. A 'Bear Case (Downside Risks)' lists AI Competition (Google Gemini Pressure), Negative Earnings (-$3.71 Trailing EPS), and Legal & Insider Pressure (Class-Action, RSU Tax-Withholding), with a Bear Case Price Target of $36.04. The bottom line reiterates a buy recommendation of $45.08 (+133.21% Upside) and states a constructive view with moderate confidence due to mixed signals and execution risk.

24/7 Wall St. Price Target Summary

Metric	Value
Current Price	$19.33
24/7 Wall St. Price Target	$45.08
Upside	133.21%
Recommendation	BUY
Confidence Level	50%

A Brutal Reset Since the IPO

Figma is down 48.27% year to date and 83.26% over the past year, trading near its $16.60 52-week low.

Two narratives drove the unwind: Google’s free Gemini image-generation tools raised pricing-power fears in February, and a class-action investigation by Lowey Dannenberg followed in March. Yet Q4 revenue grew 40% year over year, full-year 2025 revenue cleared $1.056 billion, and gross margins held at 84.76%. Director Reed Phillips bought $36.5 million of stock in late February, a meaningful contrarian signal.

Why Bulls See a Breakout Ahead

The bull case rests on three pillars. First, growth durability: 40% revenue growth at 84.76% gross margins is a rare combination, and analyst commentary points to profitability in fiscal 2026.

Second, AI as an offensive lever: Figma’s product velocity on enterprise AI features is expanding seat counts internationally.

Third, valuation reset: at 10x sales, FIG trades well below its IPO multiple. Goldman Sachs lifted its target to $54, and Piper Sandler holds an Overweight. Our bull-case scenario points to $78.72 over the next 12 months.

The Risks Worth Watching

The bears are not wrong about the immediate setup. Forward P/E sits at 86, EBITDA is negative $1.27 billion, and RBC Capital trimmed its target to $38 citing AI margin pressure. Insider tax-withholding sales continue almost weekly.

It should be noted, however, that the bulk of recent insider selling is routine RSU tax-withholding, not discretionary, and the GAAP net loss was driven largely by IPO-related stock-based compensation, a non-cash item. Still, if Google’s free tools compress pricing or the class-action overhang widens, our bear-case scenario lands at $36.04.

Our Take on Figma at Current Levels

The 24/7 Wall St. price target of $45.08 with 133.21% upside supports a constructive view, with 50% confidence reflecting real execution risk. The tipping factor is the gap between fundamentals (40% growth, 85% gross margins, a credible AI roadmap) and a stock priced for stagnation. The constructive case strengthens if FIG holds the $16.60 floor and Q1 reaffirms 2026 profitability guidance. The thesis weakens if Google’s Gemini meaningfully erodes seat counts or revenue growth slips below 25%.

Year	24/7 Wall St. Price Target
2026	$45
2027	$70
2028	$110
2029	$150
2030	$190

These projections assume Figma sustains 25%+ revenue growth, expands AI monetization, and reaches GAAP profitability on schedule. Significant upside could come from enterprise displacement of Adobe; meaningful downside could come from sustained pricing compression tied to free generative-AI design tools.

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About the Author Vandita Jadeja →

Vandita Jadeja is a financial copywriter who loves to read and write about stocks. She believes in buying and holding for long term gains. Her knowledge of words and numbers helps her write clear stock analysis. She has contributed to several publications, including the Joy Wallet, Benzinga, The Motley Fool and InvestorPlace.