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Figma Stock News
$18.43
16.74%
NYSE, Nov 05, 03:43 pm EST.
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Figma is leaning on cashing in on its AI features through credits and using its first-party model βto power tasks on its design software platform to bolster βits margins, finance chief Praveer Melwani told Reuters on Wednesday.
SAN FRANCISCO--(BUSINESS WIRE)--Figma, Inc. (NYSE:FIG) announced financial results today for its third quarter ended September 30, 2026. βAs code becomes a commodity, value is moving up the stack to designβand our Q3 results reflect that,β said Dylan Field, Figma's CEO and co-founder. βWe're building the full-stack canvas for visual-first development: one that's built for collaboration, increas...
Figma stock has slipped sharply this year and is hovering at its lowest level on record. It traded at $21.54 on Monday, down 85% from its all-time high.
Despite Figma co-founder Dylan Field's concerns about MCP (model context protocol), which standardizes how AI agents connect to external data sources and tools, the company is expanding its support for the open source standard.
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