FIG → $36.00 by Sep 16, 2026.

A Citi analyst initiated coverage on Figma today with a Buy rating and a $36 price target, implying roughly 80% upside from current levels. The market has largely treated AI as a threat to Figma, but Citi argues that as AI lowers the barrier to creating designs and prototypes, it actually increases the need for structured workflows, collaboration, governance, and version control. Their view is that Figma becomes the "system of record" for AI driven design workflows. Some highlights \-FIG …