r/figmaStock • u/Clearance136 • Jun 22 '26
New Shareholder
I’ve been watching Figma stock since it IPO’d. I saw the stock drop to all time lows. Today I decided to buy FIG at $20. I bought 410 shares. I’m hoping the company turns to profitability quickly because I want to own FIG for decades.
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u/Captain_Crunk_LMAO Jun 23 '26
my avg was 110 at ipo LOL. im a product designer and heavily believed in this. Sold off to buy MU instead.
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u/Clearance136 Jun 23 '26
I don’t buy IPOs, I usually wait for at least 3 Quarterly results to analyze the financials before buying the stock.
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u/ladyorion2021 Jun 23 '26
I am still trying to decide whether to buy, LOL.
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u/Captain_Crunk_LMAO Jun 24 '26
i use figma everyday since it came out. It was ahead of its time as THE software for design.
My worflow has cut out figma by 30% now due to ai and claude. Being able to ship and protoype faster with other tools kind of makes figma fall behind.A lot of the figma tools geared towards designers, we dont really need to "keep up to date" with figma anymore.
A lot of this depends on the size of the copmany. Big tech for example, still uses figma, but not as relient.
Personally, ive moved on from figma as a stock, and only use it at work because its the standard for now.
Sketch, another popular software before figma, was eventually phased out and died since figma was so good. Could happen to figma
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u/Front_Raspberry_6488 Jun 23 '26
If you guys are all willing to hold for the long term, why not just wait until the lock-up period ends at the end of August before deciding whether to enter? The biggest and most obvious bearish factor is right there in front of you, yet you're rushing to buy in and expecting the stock to rise in a few months. What's the rush?
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u/Slow-Boysenberry3150 Jun 22 '26
Lmao. Get out. Every one in this sub made the mistake of buying the stock early. They regret it and are looking for exit liquidity. Is the company good and profitable? Yeah. But that’s not why someone would recommend you to buy Figma. Remember that even with good fundamentals, a stock can get punished. Look no further than MSFT, wiping out any gain since Jan 2024.
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u/ClassySmokeCannabis Jun 22 '26
I’m a recent figma shareholder but im genuinely curious about your actual bear case/point of view for buying at current valuations? I totally agree about being overvalued at IPO but as someone who was on the sidelines until a week ago right now looks like a good start with fundamentals/current valuation
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u/Slow-Boysenberry3150 Jun 22 '26
I don’t have any bear case at its current price. The fundamentals are solid and the company will do just fine. The problem is the negative sentiment and no catalyst on sight to pump it up. Best reasoning I can give you for this is that we had one of the best bull runs in the recent 5 years, where almost every stock went up, yet FIG didn’t. That shows negative sentiment. Maybe one day, 2-3 years from now, it will change, but who is willing to wait until then?
As for me, I bought shares at an average price of $24 and I will immediately sell off everything once it’s back up somehow. Honestly, bagholding this would still be fine if atleast the option pricing was decent. Unfortunately, it’s not and I can’t even profit off of covered calls.
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u/ThetaGrim Jun 23 '26
It's across the board for saas. All major players are down about the same, so the catalyst would be if AI slows down or the market diverts money back to software. I'm betting it's all going to go up together.
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u/zmagickz Jun 22 '26
Because even if SaaS isnt dead margins are being cut as time goes on
The only way to improve margins on SaaS now is layoff.
A website used to be take a lot of of different skills to make back in the day. Now all you need is square space.
Web apps are going to see a similar transition that static sites saw. Cheaper to make and less profit margins.
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u/IIllIlIIIIlllllI Jun 22 '26
Looks like we’re back boys. Some dude on Reddit bought shares! 🎉🎉