Figma climbs after raising FY revenue forecast, higher Q4 rev guidance

Figma

06/11/2025 09:55

** Shares of collaborative design software provider Figma FIG.N up 9.63% at $48.25 premarket

** Co raises FY25 revenue forecast to $1.044 bln – $1.046 bln from prior range of $1.021 bln – $1.025 bln

** FIG expects Q4 revenue in the range of $292 mln - $294 mln, above analysts' average estimates of $282.9 mln, according to data compiled by LSEG

** Reports Q3 revenue of $274.2 mln vs. estimates of $265.2 mln; adj. EPS of 10 cents vs estimates of 5 cents

** CFO says company facing some near-term margin compression as it invests to create new products, but expects that pressure to ease as it begins to monetize more tools

** Two of ten analysts covering the stock rate it "buy" or "higher", rest going for "hold"; their median PT is $62.5

** As of last close, stock's up 33.3% from its July IPO price of $33

(Reporting by Tharuniyaa Lakshmi in Bengaluru)

((tharuniyaa@thomsonreuters.com))