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Figma Stock Faces Volatility Amid Mixed Analyst Sentiment
Figma Stock Faces Volatility Amid Mixed Analyst Sentiment
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BTCCSquare news:
Figma's (FIG -1.63%) post-IPO trajectory has been a tale of extremes. After skyrocketing 250% on its July 31 debut, shares have plummeted 52% since August 1. The collaborative design platform's Q2 earnings failed to sustain initial euphoria, with slowing growth and a tepid outlook triggering investor retreat.
Wall Street remains cautiously optimistic. Eleven analysts project a median 12-month price target of $69—a 17% upside from current levels—with a bullish outlier at $85. Yet only four recommend buying; the majority advise holding. Figma's web-based interface tools still dominate the product design space, but market patience for its valuation recalibration appears thin.
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