Figma Stock Poised for 99% Upside Despite Rough Debut Vandita Jadeja June 16, 2026 4 min read FIG NVDA Quick Read Figma (FIG) sits 84% below its peak at $18.51, yet our $36.88 price target signals a near-100% upside with a BUY rating. With 46.1% revenue growth and 2026 profitability expected, the bull case is real, but a -41.2% operating margin and AI competition limit conviction. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Figma didn't make the cut.
Grab the names FREE today. Figma (NYSE:FIG) has had a brutal first year as a public company, and the question on every shareholder's mind is whether the design software leader can climb back to $50 before year-end. After running the numbers, my answer is no, but the path higher from here still looks attractive.
Arsenii Palivoda / Shutterstock.com The 24/7 Wall St. price target for Figma is $36.88 over the next 12 months, well short of $50 but implying meaningful upside from current levels. With shares at $18.51, that is a 99.24% potential gain. The 24/7 Wall St. model flags Figma as a buy candidate with medium confidence.
Metric Value Current Price $18.51 24/7 Wall St. Price Target $36.88 Upside 99.24% Recommendation BUY Confidence Level 60% A Painful First Year as a Public Company Figma's debut has been ugly. Shares are down 83.97% from the $115.50 level reached in July 2025, off 50.47% year to date, and down 12.27% just in the past week.
The stock recently revisited its 52-week low of $16.60, a long way from the $142.92 all-time high. News flow has not helped. CEO Dylan Field sold $4.36 million in stock under a pre-arranged 10b5-1 plan, while CTO Kris Rasmussen, CFO Praveer Melwani, and CRO Shaunt Voskanian also trimmed positions in late May and early June.
Fundamentally, though, Figma is executing. Q1 2026 revenue came in at $303.78 million, with year-over-year revenue growth of 46.1%. How We Calculated $36.88 The 24/7 Wall St. price target blends traditional valuation inputs with proprietary factor adjustments tested against historical performance.
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