Figma shares jump 15 percent on strong annual revenue forecast
The design software maker expects 2026 revenue to exceed Wall Street estimates as it integrates generative AI. Shares rose today after a strong fourth quarter.
Insights:
Figma, Inc. forecast 2026 revenue of between $1.36 billion and $1.37 billion on Wednesday, a projection that sits above the $1.29 billion expected by Wall Street analysts and LSEG. The announcement of the stronger-than-expected guidance, coupled with robust quarterly results, sparked an immediate rally in the company's shares, which climbed approximately 15% during extended trading.
The company reported that its fourth-quarter revenue and adjusted earnings per share both exceeded market expectations. Furthermore, Figma provided revenue guidance for the first quarter that surpassed analyst forecasts, contributing to a broader investor reassessment of the firm’s growth trajectory and its ability to scale in a competitive environment.
