Figma Shares Drop 4.8% - What's Next?

Figma stock price declines amid analyst concerns over the company's future performance.

Published on Mar. 10, 2026

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Shares of Figma, Inc. (NYSE:FIG) fell 4.8% during mid-day trading on Tuesday, with the stock trading as low as $28.91 before closing at $29.02. Trading volume declined 70% compared to the average daily volume. The drop comes as analysts have issued a mix of ratings and price targets on the stock, with some expressing concerns about Figma's future performance.

Why it matters

Figma's stock performance is closely watched by investors, as the company is seen as a leader in the design software market. The stock's decline raises questions about the company's ability to maintain its growth trajectory and competitive edge in the face of potential challenges.

The details

Several analysts have recently weighed in on Figma's stock. Weiss Ratings reiterated a "sell (e+)" rating, while The Goldman Sachs Group set a $35.00 price target and Morgan Stanley set a $44.00 target. Stifel Nicolaus cut its price target from $40.00 to $30.00 and maintained a "hold" rating.

  • Figma's stock price dropped 4.8% during mid-day trading on Tuesday, March 10, 2026.

The players

Figma, Inc.

A San Francisco-based software company that offers a web-based platform for interface design, prototyping, and collaboration.

Weiss Ratings

A financial research and ratings firm that provides independent analysis of stocks, mutual funds, and other investments.

The Goldman Sachs Group

A multinational investment bank and financial services company.

Morgan Stanley

A global financial services firm that provides investment banking, securities, wealth management, and investment management services.

Stifel Nicolaus

A full-service wealth management and investment banking firm.

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What they’re saying

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— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee (Instagram)

What’s next

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The takeaway

This case highlights growing concerns in the community about repeat offenders released on bail, raising questions about bail reform, public safety on SF streets, and if any special laws to govern autonomous vehicles in residential and commercial areas.