William Blair has initiated coverage on Figma Inc (FIG) with an Outperform rating, marking the firm's first assessment of the company's investment potential.
Figma, a technology firm based in the U.S., operates an AI-powered design platform that facilitates collaboration throughout the product development lifecycle. The company, which employs 1,577 full-time staff, offers a range of products including Figma Design, Figma Make, and FigJam. Its services aim to enhance efficiency and ensure robust access controls for large organizations.
As of November 20, 2025, Figma has a market capitalization of $17.7 billion and a trailing twelve-month EPS of -2.37. The company is set to report earnings on November 5, 2025, with an estimated EPS of $0.05 and revenue of $267.9 million. Recent earnings performance shows a Q3 2025 EPS of $0.10, surpassing estimates by 114.1%.
Analyst consensus reflects a Buy rating, with 2 Strong Buy, 3 Buy, and 9 Hold ratings among 14 analysts. This update provides insight into Figma's growth prospects as it continues to expand its innovative offerings in the design space.