5 Best Growth Stocks With Highest Upside Potential

3. Figma, Inc. (NYSE:FIG)

On July 7, 2026, BofA analyst Tal Liani reinstated coverage of Figma, Inc. (NYSE:FIG) with a Buy rating and $30 price target. Liani noted that the stock is down 85% from its 52-week high amid concerns that generative AI could disrupt the design layer and compress its value. Liani took “a more constructive view,” saying AI is more likely a tailwind than a headwind.

On June 26, Wells Fargo analyst Michael Turrin lowered the firm’s price target on Figma to $36 from $42 and kept an Overweight rating on the shares. After attending Config ’26, Turrin said Wells Fargo’s confidence increased in Figma’s intelligent canvas and design platform strategy, as well as its ability to capture additional spending.

On June 17, Citi initiated coverage of Figma with a Buy rating and $36 price target. The firm said the company’s “ramping AI traction” will drive “significant upside” to consensus estimates. Citi also said its industry checks showed strong AI traction for Figma, including seat upgrades and credit pack utilization.

Figma, Inc. (NYSE:FIG) develops and sells a collaborative, browser-based platform for designing, prototyping, building digital experiences, and subscriptions for access to its platform.