FIG → $33.00 by Nov 17, 2026.

Bank of America raised its price target on Figma from $30 to $33 while maintaining its Buy rating. According to The Fly, BofA cited broader software multiple expansion and easing concerns around AI disruption as factors behind the higher target. BofA reportedly did not change its underlying estimates or fundamental view on Figma, so this appears to be primarily a valuation/multiple adjustment rather than a change to its financial forecasts. This follows the recent post-earnings analyst updates after Figma reported …