A number of firms have modified their ratings and price targets on shares of Figma (NYSE: FIG) recently:
- 8/14/2026 – Figma had its “sell (e+)” rating reaffirmed by Weiss Ratings.
- 8/7/2026 – Figma had its price target raised by Citigroup Inc. from $35.00 to $37.00. They now have a “buy” rating on the stock.
- 8/6/2026 – Figma was given a new $33.00 price target by Morgan Stanley.
- 8/6/2026 – Figma had its “sector perform” rating reaffirmed by Royal Bank Of Canada.
- 7/24/2026 – Figma had its price target lowered by Citigroup Inc. from $36.00 to $35.00. They now have a “buy” rating on the stock.
- 7/7/2026 – Figma is now covered by Bank of America Corporation. They set a “buy” rating and a $30.00 price target on the stock.
- 6/26/2026 – Figma had its price target lowered by Wells Fargo & Company from $42.00 to $36.00. They now have an “overweight” rating on the stock.
- 6/25/2026 – Figma had its price target lowered by Royal Bank Of Canada from $28.00 to $22.00. They now have a “sector perform” rating on the stock.
- 6/25/2026 – Figma had its “market perform” rating reaffirmed by Oppenheimer Holdings, Inc..
- 6/25/2026 – Figma had its “overweight” rating reaffirmed by Piper Sandler. They now have a $30.00 price target on the stock.
Insider Buying and Selling
In other news, CRO Shaunt Voskanian sold 30,000 shares of Figma stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $27.91, for a total transaction of $837,300.00. Following the sale, the executive owned 1,698,620 shares of the company’s stock, valued at approximately $47,408,484.20. This trade represents a 1.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Praveer Melwani sold 40,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $26.63, for a total value of $1,065,200.00. Following the sale, the chief financial officer owned 1,674,544 shares in the company, valued at approximately $44,593,106.72. This represents a 2.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 1,354,072 shares of company stock worth $33,678,327. 32.26% of the stock is currently owned by corporate insiders.
In addition to its core design tool, Figma provides FigJam, a digital whiteboarding solution that facilitates brainstorming sessions, wireframing and diagramming.
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