FIG Stock Forecast Adjusts Lower by 10.89% Amid Shifting Analyst Consensus

Figma (NYSE:FIG) is facing a recalibration of Wall Street expectations as analysts have collectively revised their one-year price target downward. The new consensus estimate stands at $48.22 per share, reflecting a notable pullback from the previous forecast of $54.11 established on January 11, 2026. Despite this correction, the FIG price target still implies substantial upside potential from current trading levels, with the target representing a 100.91% premium relative to the latest closing price of $24.00 per share. The range of analyst projections spans from a conservative $35.35 to an ambitious $63.00, underscoring the ongoing debate about the design platform company’s valuation trajectory.

Analyst Price Target Reset to $48.22 Per Share

The revision of FIG’s price target represents the collective judgment of numerous Wall Street analysts tracking the stock. This adjustment methodology—averaging multiple independent analyst estimates—provides investors with a balanced perspective on where the company’s shares could reasonably trade over the next twelve months. The spread between the highest and lowest projections indicates meaningful uncertainty about the company’s growth prospects, though the bulls maintain conviction that FIG has room to run.

Institutional Ownership Surges with Growing Fund Interest

The appetite for FIG shares among professional money managers has intensified dramatically. A total of 271 funds and institutions now report holding positions in Figma, marking a surge of 214 new owners—a 375.44% quarterly expansion. This rapid accumulation of institutional interest reflects growing confidence in the platform. Average institutional portfolio allocations to FIG have swelled to 1.53% of assets under management, up by an extraordinary 2,225.96% over the period. In aggregate, institutional investors have accumulated 197,146K shares over the past three months, representing a 4,622.24% increase in total holdings. The put/call ratio for FIG stands at 0.65, a metric that signals bullish sentiment among options traders and suggests investors are more focused on capturing upside gains than protecting against downside risk.

Major Venture Investors Show Strong Conviction

The shareholder base reveals substantial backing from marquee venture capital firms, signaling confidence in Figma’s business trajectory. Index Venture Associates VI commands the largest stake, holding 57,658K shares representing 13.86% of company ownership. Other significant positions include Sc Us with 25,261K shares (6.07% ownership), ICONIQ Capital with 21,378K shares (5.14% ownership), and AH Capital Management, L.L.C. with 16,246K shares (3.91% ownership). Notably, Baillie Gifford has substantially increased its conviction in FIG, expanding its position from 2,974K shares to 5,764K shares—a 48.41% increase. Over the same quarter, Baillie Gifford boosted its portfolio allocation to FIG by 56.65%, demonstrating aggressive accumulation at current valuations.

The consolidation of FIG holdings among top-tier institutional and venture investors, combined with the positive options sentiment and upwardly-revised stock price targets (despite the recent 10.89% correction), paints a picture of an asset that continues to attract serious capital despite valuation pressures. For investors monitoring the space, the influx of institutional money alongside major VC conviction suggests that belief in Figma’s long-term potential remains resilient.