Jim Cramer on Figma: “I Don’t Want to Touch Design Software”

Figma, Inc. (NYSE:FIG) is one of the stocks Jim Cramer was recently asked about. Noting that the stock is down more than 20%, a caller asked about the stock. In response, Cramer said:

Yeah, yeah. They bagged people on that one, man. People actually, no, I shouldn’t say that. People got too excited about it. Figma’s very good design software, but you know what? You got Adobe out there just flailing, and I don’t want to touch design software. I really don’t. I think it’s just too hard.

Stock market reports printed on a sheet of paper. Photo by RDNE Stock Project on Pexels

Figma, Inc. (NYSE:FIG) provides a cloud-based design platform that enables teams to collaborate on interface design, prototyping, and product development. It provides tools for design systems, whiteboarding, presentations, illustration, brand assets, websites, and AI-driven prototyping. Cramer discussed the stock during the September 17, 2025, episode, as he commented:

When we get parabolic moves in newly minted stocks like Figma, which launched at 33, quickly went to an intraday high of 142, I was sick to my stomach. It’s why I went back to my old days of shtick and crushed a box of Fig Newtons. We know that the people paying $142 for Figma had no idea what they were buying, a web-based collaborative design platform, because if they did, they’d never ever pay that much for it. Even now, Figma stock has come down to 54 bucks and change, you’re still talking about a price-to-earnings multiple of 178. That is just plain nuts.

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Disclosure: None. This article is originally published at Insider Monkey.