Figma Shares Rise 12% Pre-Market After 252% Debut Surge

Figma shares rose in premarket trading after a blockbuster debut, climbing 252% to $115.50. The design software maker priced 36.9 million shares at $33, raising $1.22 billion. The IPO was 40 times oversubscribed, echoing the success of recent flotations from Coreweave and Circle. Figma reported 2024 total revenue of $749 million, up 48% from the prior year.

Figma Inc (FIG) shares rose significantly in premarket trading on July 1, 2025, following a highly successful initial public offering (IPO). The design software maker's stock price climbed 252% to $115.50, indicating strong investor interest. The IPO, which priced 36.9 million shares at $33 per share, raised $1.22 billion [1].

The IPO was oversubscribed 40 times, reflecting the robust demand for Figma shares. This success echoes the recent flotations of Coreweave and Circle, which also experienced strong market reception. Figma's IPO was priced at $33 per share, with the stock opening for trading at $85 and briefly halting at $93.50 due to volatility [2].

Figma reported total revenue of $749 million for 2024, an impressive 48% increase from the prior year. This financial performance underscores the company's growth potential and attracts investors. The strong revenue growth and high demand for Figma's shares are likely to continue driving the stock price upward.

From a technical analysis perspective, the daily buy/sell signal for Figma is Neutral. However, the stock's performance and market sentiment suggest that it may be a strong buy for investors seeking exposure to the design software sector.

References:
[1] https://www.investing.com/equities/figma-inc
[2] https://www.investing.com/equities/figma-inc