Figma (NYSE:FIG) Sees Large Volume Increase – Time to Buy?

Shares of Figma, Inc. (NYSE:FIG) saw strong trading volume on Friday . 11,228,330 shares were traded during trading, a decline of 15% from the previous session’s volume of 13,139,614 shares.The stock last traded at $26.41 and had previously closed at $25.86.

Figma News Summary

Here are the key news stories impacting Figma this week:

• Positive Sentiment: Q4 beat and raised outlook — Figma reported $303.8M in revenue (+40% YoY), beat EPS, and issued FY26 revenue guidance above Street estimates, which drove after‑hours buying and a strong short‑term rally. Figma shares climb on earnings beat, but analysts note that AI risk remains
• Positive Sentiment: AI partnership & monetization add upside — Management highlighted an Anthropic “Code to Canvas” integration and will begin enforcing AI credit limits / pay‑as‑you‑go pricing in March, positioning consumption revenue to lift ARPU as AI usage grows. Figma’s Anthropic Integration Could Flip the SaaSpocalypse Script
• Positive Sentiment: Strong retention and non‑designer adoption — Net dollar retention ~136%, growth in Figma Make (many users are non‑designers) and rising $100k+ customers point to stickiness and expanding TAM. Figma: Strong Results, Topping Expectations
• Positive Sentiment: Analyst / options flow supports momentum — Piper Sandler reaffirmed overweight with a $35 PT and unusual call buying showed speculative / institutional interest ahead of/after the print. Piper Sandler Reiterates Overweight Rating on Figma Inc (FIG)
• Neutral Sentiment: Management framing reduces AI scare but execution matters — Execs emphasized AI as a complement to employees, which calmed some fears but the market will watch adoption and monetization cadence. Figma stock is on the rise again. The software firm just gave a refreshingly human response to a question about AI
• Neutral Sentiment: Volatility & valuation disconnect — Despite strong results, FIG is still well below its IPO/peak levels and remains volatile; some analysts call the current entry point questionable given the market value vs. execution risk. Figma: Good Company, Good Q4, Questionable Entry Point
• Negative Sentiment: Margins, dilution and heavy spend remain worries — Several writeups flag lumpy operating margins, continued equity dilution and ongoing high R&D / S&M spend that could keep profitability choppy as growth is defended. Figma Suffers AI SaaS Success – Lumpy Margins And Equity Dilution Continue
• Negative Sentiment: Bear case / stock is still a risky entry — Commentary argues FIG is a risky investment at current multiples given macro sensitivity, competitive threats and the potential for AI to change costs/users over time. Figma: Risky Investment Proposition

Analyst Ratings Changes

A number of equities research analysts recently issued reports on FIG shares. The Goldman Sachs Group set a $35.00 target price on shares of Figma in a research report on Thursday. Weiss Ratings restated a “sell (e+)” rating on shares of Figma in a research report on Monday, December 29th. JPMorgan Chase & Co. dropped their price target on Figma from $65.00 to $60.00 and set a “neutral” rating for the company in a report on Thursday, November 6th. Wells Fargo & Company reduced their price objective on Figma from $52.00 to $42.00 and set an “overweight” rating on the stock in a research note on Thursday. Finally, Morgan Stanley set a $44.00 target price on Figma in a report on Thursday. Four equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $43.25.

Figma Trading Up 1.5%

The stock has a market cap of $11.58 billion and a price-to-earnings ratio of -8.42. The firm has a fifty day simple moving average of $30.93 and a 200-day simple moving average of $46.44.

Figma (NYSE:FIG) last released its earnings results on Wednesday, February 18th. The company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.28. Figma had a negative return on equity of 97.03% and a negative net margin of 121.87%.The company had revenue of $303.78 million during the quarter. The business’s quarterly revenue was up 40.1% compared to the same quarter last year.

Insider Activity at Figma

In other news, CTO Kris Rasmussen sold 205,438 shares of the firm’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $25.01, for a total value of $5,138,004.38. Following the transaction, the chief technology officer directly owned 10,418,905 shares in the company, valued at $260,576,814.05. This trade represents a 1.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Dylan Field sold 250,000 shares of Figma stock in a transaction on Monday, November 24th. The stock was sold at an average price of $34.76, for a total value of $8,690,000.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,781,925 shares of company stock worth $59,260,303 over the last 90 days. 45.20% of the stock is currently owned by company insiders.

Institutional Trading of Figma

Institutional investors and hedge funds have recently modified their holdings of the stock. Whittier Trust Co. of Nevada Inc. bought a new position in Figma during the 3rd quarter worth approximately $26,000. NewEdge Advisors LLC acquired a new stake in Figma in the third quarter worth $26,000. DV Equities LLC bought a new position in shares of Figma during the fourth quarter worth $26,000. Concord Wealth Partners grew its holdings in shares of Figma by 1,446.8% in the 4th quarter. Concord Wealth Partners now owns 727 shares of the company’s stock valued at $27,000 after buying an additional 680 shares during the period. Finally, Harbour Investments Inc. increased its position in shares of Figma by 1,568.2% in the 4th quarter. Harbour Investments Inc. now owns 734 shares of the company’s stock valued at $27,000 after buying an additional 690 shares in the last quarter.

About Figma

Figma is a San Francisco–based software company that offers a web-based platform for interface design, prototyping and collaboration. Its flagship product, Figma, enables teams to create and refine user interfaces, vector graphics and design systems directly in a browser, eliminating the need for local installations. The platform’s real-time collaboration features allow multiple stakeholders—designers, developers and product managers—to edit and comment simultaneously, streamlining workflows and reducing version control issues.

In addition to its core design tool, Figma provides FigJam, a digital whiteboarding solution that facilitates brainstorming sessions, wireframing and diagramming.