Should You Buy FIG Stock Following the Figma IPO Today?

Investors are glued to Figma (FIG) this morning as it debuts on the New York Stock Exchange following a blockbuster initial public offering (IPO) that fetched it a valuation of about $19.3 billion.

The design software company based out of San Francisco, California raised a total of $1.22 billion, further substantiating the narrative that public markets are regaining momentum following a multi-year drought.

Note that the offering priced FIG shares at $33 each, well above the previously anticipated range of $25-$28.

Figma arrives on NYSE amid renewed investor appetite for high-growth software firms, especially ones with strong AI capabilities.

Recent tech IPOs have delivered solid post-listing gains, and FIG appears rather well-positioned to follow suit. Its collaborative design platform is widely adopted by major brands like Netflix (NFLX) and Airbnb (ABNB), and its aggressive push into generative AI has drawn investor attention.

According to Figma’s CEO Dylan Field, artificial intelligence is “core to how design workflows will evolve,” and analysts agree that companies with robust AI strategies are indeed commanding premium valuations.

With backing from top-tier VCs and a differentiated product offering, FIG shares listing stands to attract sustained demand from growth-focused investors.

Figma shares are worth owning following debut on the NYSE today also because the technology company offers strong financials, underscoring its rapid expansion.

The design specialist saw its revenue climb an exciting 46% on a year-over-year basis to roughly $228 million in the first quarter of 2025.

While FIG reported $3.74 a share of loss last year, it shouldn’t be a major concern since such losses are rather typical for high-growth tech firms investing heavily in innovation like artificial intelligence.

More importantly, accelerating top-line growth suggests Figma has a clear path to profitability, which makes it even more exciting to own for the second half of 2025. The company’s AI focused investments may hurt short-term efficiency, but they’re central to its long-term competitiveness.