Core Insights - Figma Inc. is identified as an oversold stock with potential for investment, despite a recent price target reduction by RBC Capital from $65 to $38, maintaining a Sector Perform rating [1] - The year 2026 is anticipated to be crucial for companies ready for enterprise AI adoption, with expected growth for those prepared and challenges for those lagging behind [1] Financial Performance - In Q3 2025, Figma achieved a milestone by surpassing a $1 billion annual revenue run rate, with a 38% year-over-year revenue increase to $274.2 million, exceeding previous guidance [2] - For Q4, Figma expects revenue between $292 million and $294 million, projecting full-year revenue to reach between $1.044 billion and $1.046 billion, indicating a 40% year-over-year growth [3] Product Development and Innovation - Figma has launched a dedicated Figma App for ChatGPT in collaboration with OpenAI, enabling users to create diagrams and charts in FigJam through conversational AI [3] - Approximately 30% of high-value customers are utilizing Figma Make weekly, reflecting a successful transition to AI-native design workflows [2]
RBC Capital Predicts Growth for AI-Ready Software Firms Like Figma (FIG) as Enterprise Spending Stabilizes