I think $Figma(FIG)$ will actually stay pretty flat this week, maybe moving within plus or minus 3%. The stock already sold off hard into earnings, sliding back to JPMorgan’s $65 target, so a lot of the downside might be priced in. Unlike Circle and CoreWeave, which tanked right after reporting, Figma’s correction happened before earnings day. That could set up a more muted reaction.

Yes, its forward P/E of 370 looks insane, but growth software names often hold up as long as revenue momentum is solid. I don’t expect fireworks either way — no massive rally, but not a CoreWeave-style crash either. Investors are probably going to wait and see whether management can guide convincingly before pushing the stock further.

So my bet is: Figma won’t swing more than 10% up or down this week. It will likely hover near $65, consolidating until the market digests the results and outlook. In other words, I’m guessing Figma will end the week basically flat.

@Tiger_comments @TigerStars

# ARK Loads Figma After 20% Plunge! Follow or Wait for IPO Pricing?

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  • JimmyTurner
    ·2025-09-04
    Nice analysis
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    • Shyon
      Thanks for your support
      2025-09-04
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