Weak Overall Sentiment on Figma, Inc. (FIG) Amid Weak Industry Momentum

By Faheem Tahir | March 10, 2026, 9:41 AM

Figma, Inc. (NYSE:FIG) is one of the 10 best low-priced AI stocks to buy now.

Weak Overall Sentiment on Figma, Inc. (FIG) Amid Weak Industry Momentum

Figma, Inc.'s (NYSE:FIG) shares have fallen more than 60% since its IPO in July 2025. This value is roughly twice the 30% decrease in the applications industry as a whole. As of March 4, 2026, sentiment is still restrained, with a consensus price target of $35.00 suggesting an upside of slightly more than 10%.

RBC Capital on February 19, 2026, highlighted solid fundamentals, robust gross margins, and growing AI-native monetization through Dev Mode and Figma Make, reaffirming its "Sector Perform" rating and raising its price target from $31 to $38.

However, despite convincing fourth-quarter results, RBC refrained from turning bullish on the stock while awaiting a more attractive entry point. Among analysts who lowered their price targets that same day were Morgan Stanley, Goldman Sachs, and Stifel, citing a cautious approach.

Investors are divided over whether Figma's AI-driven growth narrative can support its valuation amid persistent industry pressure.

Figma, Inc. (NYSE:FIG) is a cloud-based, AI-powered design software platform that enables real-time collaboration across product development using tools such as Figma Design, FigJam, Dev Mode, and Figma Make for organizations worldwide.

While we acknowledge the potential of FIG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 40 Most Popular Stocks Among Hedge Funds Heading Into 2026 and Cathie Wood’s 10 Stock Picks with Huge Upside Potential.

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