Piper Sandler maintains an Overweight rating for Figma. The firm set a $35.00 price target citing artificial intelligence revenue potential.
Figma began charging for AI credit overages on March 18. This move could generate over $100 million in revenue in fiscal 2026.
The company projects 30% year-over-year revenue growth for fiscal 2026. This guidance follows fourth-quarter results and exceeds consensus estimates.
The stock faces pressure from Google’s competitive AI-powered design updates.