Reported 1 day ago
Figma, Inc. (NYSE:FIG) saw its shares drop by 19.92% to $54.56 after the company reported its second-quarter earnings, reversing a previous year loss with a net income of $846,000 and a 40.8% revenue increase to $249.6 million. Despite a positive revenue outlook for 2025, analysts from Goldman Sachs maintained a 'neutral' rating and a $49 price target, noting that substantial revenue growth may take time.
Source: YAHOO