Figma Inc. Class A Common Stock (FIG)
Figma's Wild IPO Ride: Is the Stock's Premium Price Justified?
The first days of public trading for Figma NYSE: FIG have been a study in market extremes. After being priced at $33 per share for its Initial Public Offering (IPO), the stock exploded, surging over 250% to a high of $142.92 on its first day.
Figma IPO: Hold Your Horses, This Valuation Is Too High
Even with Figma, Inc.'s stock price cooling a bit since its IPO day, a forward P/S ratio of 60 is still too high for reliable alpha. My conservative-bullish model for FIG stock shows a 12-month return of about 10-12% is probable. Take your capital and invest it where others aren't looking. Be fearful when others are greedy.
Figma's stock sinks more than 20% after last week's IPO pop
Figma shares dropped on Monday after soaring in their market debut last week. The company's market cap is still almost triple what Adobe offered in 2022 in a deal that fell apart after regulatory pushback.
Figma Stock: Too Risky At $120?
Interface design software company Figma (NYSE:FIG) made a stellar debut on the public markets last week, with its stock now trading at $122 per share, up from its listing price of $33. As we've noted in our previous article, there are several good reasons for the optimism, including strong growth, high customer retention, and improving profitability.
Figma's IPO success could push Canva and these other software companies to go public
D.A. Davidson sees Canva and Databricks as large software companies that could look to take advantage of a hot IPO market and speed up plans to go public.
Why Investors Are Excited About Design Software Maker Figma's Stock
Touted by some as the David to Adobe's Goliath, design software upstart Figma's (FIG) market value could be catching up to that of the company that nearly acquired it more quickly than even it expected.
Figma stock went to the moon after its IPO. Some Robinhood users say they could only buy 1 share
Figma's initial public offering this week was a boon for investors. Well, some investors.
Figma Stock Soars 3x, Now Comes The Hard Part
Interface design software company Figma (NYSE:FIG) made a stellar debut on the public markets on Thursday, July 30, with its stock soaring more than 3x its IPO price of $33 to close at $115.50 per share. This values the company at more than $55 billion based on the outstanding shares listed in its filings.
This stock soared 250% after Jim Cramer told investors to cancel their orders
Jim Cramer, American author, journalist, and host of CNBC's Mad Money, is once again living up to his title of Wall Street's leading inverse indicator.
Design software maker Figma extends gains after blockbuster NYSE trading debut
Design software maker Figma's shares rose another 10% in premarket trading on Friday, extending strong debut-day gains after a blowout U.S. initial public offering that has reignited the tech listing market.
Figma's Meteoric Rise Creates Big Risks For You
Figma is a high-growth software leader with impressive user traction and a strong product ecosystem, but its IPO surge has pushed valuation to extreme levels. Recent financials show robust revenue growth and improving profitability, yet results are skewed by a one-time Adobe termination fee and limited operating history. Even under bullish growth and margin assumptions, Figma's current trading multiples remain exceptionally high, making it hard to justify the present valuation.
Figma surges on debut, reigniting tech IPO market
Figma shares soared more than 250% on their New York Stock Exchange debut, closing at $115.50 after pricing its initial public offering at $33 per share. The design software company's first trade at $85 valued it at roughly $50 billion, and the day ended with a market capitalisation close to $68 billion.
