Figma climbs after upbeat annual revenue forecast
ReutersFeb 19, 2026 11:26 AM
Shares of design software company Figma FIG.N rise 13.3% to $27.41 premarket
Co sees annual revenue of $1.36 bln-$1.37 bln, above estimates of $1.29 bln, citing strong demand
Co is banking on generative AI to compete with rival Adobe ADBE.O and bets on acquisitions to bolster its business
Co posts Q4 revenue of $303.8 mln, beating estimates of $293.2 mln; adj. EPS of 8 cents, compared with estimates of 7 cents, according to data compiled by LSEG
Three out of 11 analysts rate stock "buy" or higher, eight rate it "hold"; median PT at $42
As of last close, FIG stock fell 35.2% YTD
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