Figma, Inc. (NYSE: FIG) will release its second quarter 2026 financial results after the U.S. financial markets close on Wednesday, August 5, 2026. The company will host a conference call to discuss its results and guidance at 2 p.m. PT / 5 p.m. ET the same day. Investors can access the live webcast and related earnings materials through the Investor Relations page on Figma’s website at investor.figma.com. A replay and transcript of the webcast will be made available on the same site following the call.

Figma discloses material information to the public via filings with the Securities and Exchange Commission, its Investor Relations page, blog, newsroom, press releases, and public conference calls. The company also utilizes social media platforms including X, LinkedIn, Instagram, Bluesky, Threads, and TikTok, as well as Dylan Field’s X account (@zoink) and LinkedIn profile, to ensure broad distribution of information and comply with Regulation FD.

Founded in 2012, Figma operates a design and product development platform. Its intelligent canvas integrates teams, agents, code, and design to facilitate the workflow from idea to shipped product. The platform aims to enhance collaboration and efficiency for teams building digital products.

Figma Inc. shares declined 1.75% to $21.88 on Friday as traders weigh a recent bullish analyst view against a softer tape for growth software. The stock is currently battling resistance at the 100-day simple moving average (SMA) of $22.05, a critical level that often determines if rebounds can turn into sustained breakouts. Despite the near-term weakness, Bank of America has reinstated coverage with a Buy rating and a $30 price target, arguing that artificial intelligence is accelerating demand rather than disrupting the business.

Valuation and Growth Projections

Bank of America values Figma at about 8 times estimated 2027 enterprise value-to-sales, significantly above the peer average of roughly 5.9 times. The firm projects revenue growth of 35.6% in 2026 and 23% in 2027, compared to peer averages of 19.3% and 15.7%, respectively. The brokerage expects operating margin expansion from 9.2% in 2026 to 13.8% by 2028, alongside improving free cash flow margins.

AI Driving Adoption and Monetization

The firm believes AI is increasing the number of people creating digital products while making workflows more complex, which boosts demand for a centralized platform. Figma's hybrid pricing model, combining seat-based subscriptions with usage-based fees, positions it to capture this value. In the first quarter of 2026, 75% of enterprise customers that exceeded their AI credit limits purchased additional credits, while net dollar retention reached 139%. Enterprise customers generating more than $100,000 in annual recurring revenue increased 48% year over year.

Technical Levels and Momentum

From a longer-term perspective, the stock remains in repair mode after a steep 12-month decline of 81.15%, trading about 30.5% below the 200-day SMA of $31.44. A "death cross" formed in January, where the 50-day SMA fell below the 200-day SMA, continues to pressure the broader trend. However, momentum indicators are improving; the MACD is above its signal line with a positive histogram, suggesting easing downside pressure. Key resistance is seen at $25.50, while support sits at $18.