11 Best Tech Stocks Under $50 to Buy Now

8. Figma, Inc. (NYSE:FIG)

Figma, Inc. (NYSE:FIG) is one of the best tech stocks under $50 to buy now. On February 19, Stifel cut its price target on Figma, Inc. (NYSE:FIG) from $40 to $30 while keeping a Hold rating on the stock. This update came after the company reported Q4 results.

Stifel’s analyst noted that Figma, Inc.’s (NYSE:FIG) Q4 results and its 2026 revenue guidance came in much stronger than expected, which pushed the stock higher in after-hours trading. However, the research firm is still waiting for more clarity on how margins will be affected and how soon and meaningful the consumption uplift will be once credit limits are introduced in March.

On the same day, Morgan Stanley also reduced its price target on Figma, Inc. (NYSE:FIG) from $48 to $44 and maintained its Equal Weight rating on the stock.

Morgan Stanley’s analyst pointed out that weekly active users of the company’s “Make” tool rose 70% compared to the previous quarter. This helped Figma, Inc. (NYSE:FIG) reaccelerate to revenue growth of over 40% in the fourth quarter. Despite this, the analyst noted that material revisions in revenue forecasts were offset because of pressure on free cash flow caused by “a lower operating margin posture.”

Figma, Inc. (NYSE:FIG) is a leading AI-powered collaborative design platform that enables teams to design and build digital products. It offers a wide range of tools such as Figma Design, FigJam, Dev Mode, Figma Slides, Figma Sites, Figma Buzz, Figma Draw, and Figma Make.