Five weeks after going public with a stunning 250% first-day pop, Figma is coming back down to earth. Shares of design software company Figma plunged 14% in extended trading, as investors took a dim ...

Figma (NYSE:FIG), a design and product development platform, received an array of initiations on Monday, with most analysts giving the company a Neutral or Perform rating due to its high valuation.

Figma is upgraded to a buy as valuation compresses despite robust growth and a strong Q4/FY26 outlook. FIG’s net retention exceeds 130%, with large customer expansion and cross-sell momentum driving ...