Figma Stock Tumbles 11% on Analyst's Price Target Cut

martes, 3 de febrero de 2026, 7:41 pm ET1 min de lectura
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Figma's stock tumbled nearly 11% on Tuesday after Piper Sandler analyst Hannah Rudoff cut her fair value assessment to $35 per share from $70, despite maintaining an overweight rating. Rudoff's adjustment was part of a broader reconsideration of the software segment, with investors shifting focus to hotter areas like hyperscalers. Figma has embraced AI, including acquiring start-up Weavy for its image and video generation technology. The company's depressed stock price is unsustainable, according to some analysts.

Figma Stock Tumbles 11% on Analyst's Price Target Cut

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