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Figma
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24/7 Wall St. Analyst Sets Figma (FIG) Price Target at $40, Believing Wall Street's $30.80 Target Is Too Low
The analyst views Figma's current valuation as conservative, citing its 48% year-over-year revenue growth in Q2 and active AI monetization, with 80% of large customers utilizing AI credits weekly. Fig
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Figma shares surge 12% to $30.27, Atlassian rallies 8% to $181.71, as investors reassess AI as a tailwind for design software
The gains come as investors unwind the previous thesis that generative AI tools would compress seat counts and pricing power for incumbent design and productivity vendors. Figma had been down 28% year
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Figma's Q2 revenue rises 48% to $370.1 million, beating estimates of $352 million, with adjusted EPS of 8 cents also surpassing projections, driven by AI monetization efforts
Figma's Q2 revenue rises 48% to $370.1 million, beating estimates of $352 million, with adjusted EPS of 8 cents also surpassing projections, driven by AI monetization efforts
-
24/7 Wall St. Analyst Sets Figma (FIG) Price Target at $40, Believing Wall Street's $30.80 Target Is Too Low
The analyst views Figma's current valuation as conservative, citing its 48% year-over-year revenue growth in Q2 and active AI monetization, with 80% of large customers utilizing AI credits weekly. Fig
-
Figma shares surge 12% to $30.27, Atlassian rallies 8% to $181.71, as investors reassess AI as a tailwind for design software
The gains come as investors unwind the previous thesis that generative AI tools would compress seat counts and pricing power for incumbent design and productivity vendors. Figma had been down 28% year
-
Figma's Q2 revenue rises 48% to $370.1 million, beating estimates of $352 million, with adjusted EPS of 8 cents also surpassing projections, driven by AI monetization efforts
Figma's Q2 revenue rises 48% to $370.1 million, beating estimates of $352 million, with adjusted EPS of 8 cents also surpassing projections, driven by AI monetization efforts
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Figma
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