Figma's stock trades 85% below peak
Watch: Track March product announcements and credit sales launch; success here could validate the bullish AI pivot thesis.
Full analysis
Figma's stock is near its 52-week low, trading 85% below its $122 high. The company grew revenue 41% in 2025 to $1.06 billion and generated $243 million in free cash flow. Despite a net loss of $1.25 billion mostly from $1.36 billion stock-based compensation, insider selling dominates though director Reed Phillips bought $36.5 million shares at $24-$26 recently.
The steep valuation discount and strong revenue growth highlight both risk and potential in AI-driven design software amid heavy insider sales.
Evidence
7 older signals
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