Core Insights - Figma, Inc. (NYSE:FIG) experienced a significant stock decline of over 17% following disappointing fiscal Q3 2025 earnings, despite Wall Street's optimistic outlook with a median price target of $69, indicating a potential upside of 90.98% from current levels [1] - The investor sentiment was negatively impacted by a one-time stock-based compensation expense of $975.7 million, leading to a GAAP net loss per share of $2.72, although the company's fundamentals remain strong with 12,910 paid customers generating over $10,000 in ARR and 1,262 customers exceeding $100,000 in ARR [2] - Figma is expanding its partnerships, notably with ServiceNow, to enhance its offerings by enabling developers to convert visual designs into fully functional enterprise applications quickly [3] Company Overview - Figma, Inc. provides a cloud-based design platform that facilitates real-time collaboration for interface and product design, allowing teams to create, prototype, and share interactive designs within a browser environment [4]
Wall Street Remains Optimistic on Figma (FIG)