Morgan Stanley Reduces PT on Figma (FIG) Stock

Figma, Inc. (NYSE:FIG) is one of the Best Reddit Stocks to Invest in Now. On September 4, Morgan Stanley reduced the price target on the company’s stock to $70 from $80, while keeping an “Equal Weight” rating, as reported by The Fly. As per the analyst, while the revenue growth sustained above 40% YoY in Q2 2025, the Q3 2025 and FY 2025 guidance for YoY growth likely fell short of buy-side expectations. Notably, Figma, Inc. (NYSE:FIG) expects Q3 2025 revenue of between $263.0 million – $265.0 million, demonstrating 33% YoY growth at the midpoint. Also, it expects FY 2025 revenue of between $1.021 billion – $1.025 billion, reflecting 37% YoY growth at the midpoint of the range.

However, Morgan Stanley sees Figma, Inc. (NYSE:FIG) as a market-leading platform in design and believes that it is uniquely positioned for GenAI. That being said, the valuation limits the near-term risk/reward, opines the firm. In Q2 2025, Figma, Inc. (NYSE:FIG) delivered best-in-class revenue growth and positive operating margin as it continued investing in AI. The company’s stock has a consensus one-year price target of $71.12.

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