Figma, Inc. (NYSE: FIG) is one 10 Best Underpriced AI Stocks to Buy Now.
Figma, Inc. (NYSE:FIG) shares have fallen more than 60% since its IPO in July 2025. This value is double the 30% decline in the application industry as a whole. As of March 4, 2026, sentiment is still limited, suggesting a slight upside of 10% to the consensus price target of $35.00.
On February 19, 2026, RBC Capital reaffirmed its “sector perform” rating and raised its price target to $38 from $31, citing strong fundamentals, strong gross margins, and growth in AI-based funds through David Mode and FigmaMac.
However, despite the convincing fourth-quarter results, RBC refrained from making a sudden change in the stock while waiting for a more attractive entry. Among the analysts who lowered their price targets on the same day were Morgan Stanley, Goldman Sachs, and Stifel, citing a cautious approach.
Investors are divided on whether Figma’s AI-driven growth story can support its valuation amid continued industry pressure.
Figma, Inc. (NYSE:FIG) is a cloud-based, AI-powered design software platform that enables real-time collaboration throughout product development using tools such as Figma Design, FigGym, DevMod, and Figma for organizations worldwide.
While we recognize the potential of FIG as an investment, we believe that some AI stocks offer more potential and lower risk. If you’re looking for the most undervalued AI stocks that stand to benefit significantly from Trump-era tariffs and the offshore trend, check out our free report Best short-term AI stocks.
Read more: The 40 most popular stocks among hedge funds heading into 2026 and Cathy Wood’s 10 Stock Picks With Big Upside Potential.
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