Figma (FIG) Targets 38% Revenue Jump in Q1, Up 6.5%

Figma Inc. (NYSE:FIG) is one of the 10 Stocks Exploding in a Bleeding Market.

Figma climbed by 6.51 percent on Monday to end at $19.96 apiece, as investors positioned portfolios ahead of the results of its first-quarter earnings performance next week.

In a notice on its website, Figma Inc. (NYSE:FIG) said that it would release its financial and operating highlights after market close on May 14. A conference call will be held to elaborate on the results.

figma

Photo from Figma website

For the period, Figma Inc. (NYSE:FIG) is targeting revenues to grow by 38 percent at the midpoint to a range of $315 million to $317 million, while for the full year, revenues are expected to jump by 29 percent to 30 percent to a range of $1.366 billion to $1.374 billion.

Founded in 2012 and debuting only on the stock market in July 2025, Figma Inc. (NYSE:FIG) is a cloud-based platform that develops and sells a collaborative, browser-based platform for designing, prototyping, building digital experiences, and subscriptions.

It carries mostly a “hold” recommendation from Wall Street analysts, the latest being Morgan Stanley, which assigned a price target of $44. The figure marked a 120.44 percent upside potential from its latest closing price.

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