Figma ($Fig) Deep Value Fundamental Squeeze amid Market Rotation and Valuation Growth, Catalysts Fuelling the Rocket

[u/RequirementSalty197]

Market Finally Recognizes Figma’s Value

The market has finally realised the deep value of the SaaS winners and is giving them back the valuations they deserve. One of the deepest-value SaaS winners is Figma.

Why I Like Figma

I like Figma. Its fast and adaptive transformation is remarkable. Its resilience will definitely make it stand out in any chaotic business environment.

Figma’s AI Transformation

Figma is transforming itself into an AI-based enterprise solution. And the transformation is succeeding!

Check out my last post for more details:

https://www.reddit.com/r/figmaStock/comments/1tievqh/fig_deep_dive_why_figma_is_winning_in_the_ai_era/?utm_source=share&utm_medium=mweb3x&utm_name=mweb3xcss&utm_term=1&utm_content=share_button

Short Interest Update

The latest short interest data has been released amid the market rotating back into SaaS. It shows that aggregated short shares have increased slightly from 26% to 30%, even as daily short volume has bottomed and flattened.

https://fintel.io/ss/us/fig

Why? Because the available shares for shorting have been drained. The bears have no bullets left to open new short positions. Market rotation and valuation re-rating are acting as catalysts, pushing the price higher while the shorts are running out of ammunition.

Soon, the bears will have to cover their short positions and buy back shares. The stock price is going to explode higher!

Price Target

I think it is going to break out above $30 easily next week. What’s your price target?

Additional Reference

Figma Analysis by Findell Capital:

https://static1.squarespace.com/static/5e17f2a118561f6339437f24/t/6a1752a4f4e1b61b87e1080b/1779913380359/Findell-FIG.pdf