Figma, Inc. (FIG) surged 17.3% to $23.75 following its Q1 2026 earnings beat and raised full-year guidance, which has pushed its composite score to a bullish territory. With a forward P/E of 78.2 and expected revenue growth of 40%, the stock's current price dislocation from its $39 target suggests a potential upside of 64%. The market is now pricing whether FIG can sustain its growth trajectory amidst a rich valuation and high short interest of 30.7%, which could lead to a volatile move of 12.5% post-earnings, according to options data.
Fundamentals
Sector
Technology
Industry
Software - Application
Market Cap
$13B
Fwd P/E
78.2
Short Interest
30.7%
Analyst Target
$39
Margin
-118%
Rev Growth
40%
ROE
-88%
D/E
4%
From 52w High
-83.4%
From 52w Low
+43.1%
Consensus
Hold
Research Digest
Figma's Q1 2026 earnings beat expectations, with revenue growing 46% to $333.4 million, and the company raised its full-year outlook by $55 million. The stock surged on strong AI monetization, with a new guidance that implies significant growth. However, the market may be overreacting, and the stock's volatility, with an 88% collapse from peak levels, poses a risk.