FIG → $37.00 by Nov 6, 2026.

Citi maintained its **Buy** rating on Figma and raised its price target from **$35 to $37** following the company’s Q2 earnings report. Figma reported: • Revenue of **$370.1M, +48% YoY** • Net Dollar Retention of **136%** • $100K+ ARR customers up **46% YoY** • Free cash flow of **$53.2M** • More than **80% of $10K+ ARR customers consuming AI credits weekly** • Full-year revenue guidance raised to **$1.463B–$1.467B** The stock sold off heavily following the report, with investors appearing to …