Figma Outlook: Weak Technicals and Mixed Analysts Signal Caution

Market Snapshot

Takeaway: Figma (FIG.N) is in a weak technical position with bearish signals dominating and analysts largely pessimistic. Stance: Avoid or watch with caution.

News Highlights

• U.S. Trump Tariff Policy: President Trump’s recent tariff moves have stirred market uncertainty, which may indirectly affect Figma’s growth environment, especially in global B2B software markets.
• Crypto ETF Developments: REX Shares filing for Ethereum and Solana ETFs highlights a broader trend in crypto adoption, potentially affecting Figma's ecosystem of design tools for crypto and fintech applications.
• China’s Manufacturing Recovery: Slowed, but still negative, factory activity in China may impact Figma’s international business, particularly in the APAC region.

Analyst Views & Fundamentals

Figma is receiving three underperform ratings from analysts in the past 20 days. The simple average rating is 3.33, while the performance-weighted rating is 1.00, indicating a strong skew toward poor historical performance.

Analysts are split in their recent outlook, with one "Buy" and two "Neutral" ratings. Despite the mixed signals, they broadly align with the current price trend of a 10.82% decline. This alignment suggests the bearish sentiment is well reflected in the market.

Fundamental Highlights

• Profit-MV: 0.49 (internal diagnostic score: 2.0)
• Net Income-to-Revenue: 2.07% (internal diagnostic score: 2.0)
• Inventory Turnover Days: 233.31 days (internal diagnostic score: 3.0)
• ROE (diluted) (YoY growth rate): -25.29% (internal diagnostic score: 0.0)
• PB-ROE: 11.20 (internal diagnostic score: 4.0)
• Rate of Return on Total Assets: -12.34% (internal diagnostic score: 1.0)

These metrics suggest mixed fundamentals, with particularly weak profitability and asset efficiency. The inventory turnover highlights operational inefficiencies, while the negative ROE growth is a major concern.

Money-Flow Trends

Fund flows show a negative overall trend, with only small investors showing a slight positive bias. Institutional and large investor flows are bearish.

• Big-money (block) inflow ratio: 49.03% (trend: negative)
• Small investor inflow ratio: 50.91% (trend: positive)
• Extra-large inflow ratio: 48.47% (trend: negative)

The fund-flow score is 7.8 (internal diagnostic score: 7.8 out of 10), which is considered good in isolation, but the negative institutional sentiment suggests caution.

Key Technical Signals

Technicals are overwhelmingly bearish. The technical score is 1.0 (internal diagnostic score: 1 out of 10), with 3 bearish and 0 bullish indicators in the last 5 days.

Top Indicators and Scores

• WR Overbought:Internal diagnostic score: 1.0 — historically associated with an average return of -5.26%, win rate of 9.09%.
• Long Lower Shadow:Internal diagnostic score: 1.0 — average return of -2.92%, win rate of 33.33%.
• Bullish Engulfing:Internal diagnostic score: 1.0 — average return of -0.91%, win rate of 25.0%.

Recent Patterns by Date

• 2025-12-19: WR Overbought signal observed.
• 2026-01-02 & 2026-01-06 & 2026-01-09: Multiple Long Lower Shadow signals noted.
• 2025-12-24: Bullish Engulfing pattern, but historically weak.

Key Insight: Momentum is negative. Recent technical signals are bearish, and the market is relatively quiet. Investors should avoid entering or adding to Figma at this time.

Conclusion

Actionable Takeaway: Given the weak technical signals, bearish analyst ratings, and poor performance-weighted scores, consider avoiding Figma (FIG.N) or waiting for a clearer reversal in the trend before taking any position. Watch for upcoming earnings reports and broader market sentiment shifts for a potential turning point.