“`html
Figma (FIG) shares have fallen 56.3% since the company began trading publicly on July 31, 2025, underperforming the Zacks Computer and Technology sector’s growth of 11.4% and the Zacks Internet Software industry’s decline of 1.3%. The decline is attributed to modest growth prospects and investments in AI-powered products that may negatively impact margin expansion.
Figma is projected to achieve third-quarter 2025 revenues between $263 million and $265 million—indicating a 33% year-over-year growth—slower than the 41% growth in the previous quarter. The full-year 2025 revenue estimate ranges between $1.021 billion and $1.025 billion, expecting a 37% year-over-year growth. The company currently has 11,906 paid customers with over $10,000 in annual recurring revenue (ARR), indicating a robust client base.
Figma’s new product launches at the Config conference, including Figma Make, Figma Draw, Figma Sites, and Figma Buzz, aim to improve user engagement and broaden its market presence. However, competition from established players like Adobe, Microsoft, and Atlassian presents significant challenges, and Figma’s recent performance has led to a Zacks Rank #4 (Sell), suggesting investors should avoid the stock now.
“`
