Figma Stock’s Post-IPO Rollercoaster: From $68 Billion Debut to Wild Drops – What’s Next for FIG?
Figma shares soared over 250% on debut in July 2025, closing above $115 before plunging more than 50% by October, trading in the mid-$50s. Its first earnings report beat estimates but shares fell 13% as growth guidance disappointed. Four new products launched in 2025, including AI tool Figma Make. Most analysts rate FIG a “Hold,” with a $67 median price target amid concerns over slowing growth.