On March 6, 2026, Zacks Equity Research analyzed Figma's strategy of integrating artificial intelligence into its design workflow. AI-assisted tools like Figma Make have achieved 70% sequential growth in weekly active users. The company’s integration of Gemini and OpenAI's ChatGPT helped drive a net dollar retention rate of 136%.
Despite strong customer metrics, Figma's stock has lost 42.2% of its value over the past six months. Shares fell approximately 3.5% on the day of the analysis. Zacks assigned a #4 (Sell) rating to the stock, citing valuation concerns and a recent decline in consensus earnings estimates for 2026.