Insiders Buy Figma Shares After 60% Collapse, Analysts Diverge
Figma shares have plunged over 60% since their July 2025 IPO, outpacing the applications industry's 30% drop, while insiders are now buying shares. RBC kept a sector perform rating and lifted its target by about 23%, but analysts at major banks cut forecasts, signaling mixed views on AI-driven expansion.
1. Insider Buying Signals
Company insiders have begun purchasing shares following the stock’s sharp decline, indicating confidence in Figma’s long-term prospects despite recent weakness.
2. Plunge in Share Price
Since its July 2025 IPO, Figma’s share price has fallen more than 60%, more than double the roughly 30% drop seen across the broader applications industry.
3. Analyst Ratings and Targets
RBC maintained a sector perform rating and raised its price objective by about 23%, while analysts at Morgan Stanley, Goldman Sachs and Stifel trimmed their forecasts, reflecting a cautious stance.
4. Growth Narrative and Outlook
Investors remain split over Figma’s AI-driven monetization through Dev Mode and Figma Make, with some viewing current levels as an entry opportunity and others waiting for clearer traction.