Piper Sandler and Stifel Update Price Targets on Figma (FIG) Following Revenue Growth and AI Product Adoption

3 days ago 5

Sheryar Siddiq

Tue, June 2, 2026 astatine 4:37 AM CDT 1 min read

Figma Inc. (NYSE:FIG) ranks among the best abbreviated compression stocks to put in. On May 15, Piper Sandler reduced its terms nonsubjective for Figma Inc. (NYSE:FIG) to $30 from $35 portion keeping an Overweight standing connected the company’s shares. The steadfast cited Figma’s first-quarter results, which showed 46% year-over-year gross maturation and a 5.5% gross beat.

Figma’s second-quarter gross maturation projection of 40% year-over-year came successful 9 percent points higher than expected. Management besides accrued the fiscal 2026 gross maturation midpoint to 35% year-over-year, up from astir 30% previously.

The aforesaid day, Stifel chopped its terms nonsubjective for Figma Inc. (NYSE:FIG) from $30 to $25 portion keeping a Hold standing connected the company, citing a wait-and-see attack regarding Figma’s AI products. Figma Inc. (NYSE:FIG) disclosed precocious uptake and usage for its AI products, adding that the implementation of recognition restrictions successful mid-March led to aboriginal maturation gains from some recognition usage and spot upgrades.

Figma Inc. (NYSE:FIG) provides a browser-based level for design, prototyping, and gathering integer experiences.

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