FIG is trading 3.9% up now at $20.24, extending Wednesday’s sharp move higher after fresh Wall Street coverage. On July 1, 2026, Citigroup initiated coverage on Figma with a Buy rating and a $36 price target, and FIG shares rose about 5.2–8.9% as traders reacted to the bullish call and signs of strong adoption of its collaborative design platform. This positive sentiment is carrying over into the July 2 session.[1]