Buy FIG by Feb 21, 2026.

I conducted a DCF valuation of Figma Inc (NYSE:FIG) based on cash flows , growth rates, risk and other valuation metrics. Valuation is based on Aswath Damodaran's model for valuating dotcom companies. Feel free to make a copy of the spreadsheet and adjust numbers to reach your own conclusions. My valuation shows Figma stock is undervalued and has a potential to nearly triple from here. I previously conducted MP Material's Valuation and based on recent price movements, the stock price …