Figma

FIG

Market cap $9.52B

Figma (NYSE:FIG) has had a brutal first year as a public company, and the question on every shareholder's mind is whether the design software leader can climb back to $50 before year-end.

AI fears and a steep post-IPO valuation have haunted Figma stock. But the company's business is accelerating amid AI adoption.

Figma's AI credit model is opening a new revenue stream as strong enterprise adoption and usage-based billing expand AI workflow monetization.

Figma stock price has come under intense pressure this year and is now hovering at its all-time low amid the rising concerns about its revenue growth in this artificial intelligence (AI) era. After peaking at $143 following its IPO last year, the stock has plunged to $19 today, with its market cap falling from $60 billion to $10.2 billion.

Short sellers are piling into a wide-ranging group of names, with the latest Benzinga Pro data showing elevated bearish positioning across 10 stocks with short interest ranging from 37% to 87%.

SAN FRANCISCO--(BUSINESS WIRE)--Figma, Inc. (NYSE: FIG), a leading design and product development platform, today announced it will host an Investor and Analyst Session at Config 2026 on Wednesday, June 24, 2026 at 2:00 p.m. Pacific Time, in San Francisco, California. Config is Figma's annual user conference, bringing together over ten thousand designers, developers, and product builders shaping the future of design and product building. A live webcast of the session will be available on Figma's.

Figma's 139% retention rate is fueled by enterprise seat expansion and wider adoption, but slower hiring and spending cuts can test growth.

Figma beat estimates on the top and bottom lines in its first-quarter earnings report. Figma has been under pressure from threats of disruption.

Figma FIG shares have lost 27.4% year to date (YTD), underperforming the Zacks Internet - Software industry's decline of 6.2%.

Short sellers are piling into a wide-ranging group of names, with the latest Benzinga Pro data showing elevated bearish positioning across 10 stocks spanning energy, crypto, AI and enterprise software.