Figma, Inc.Opportunity Rank #288(FIG) Intrinsic Value & DCF Analysis (2026)
Current Price
$23.95
Last updated: Jul 20, 2026
Price vs Intrinsic Value
Fundamental Score
Weighted across 6 signals
Narrative Score
No change vs previous
Trend Score
As of 2026-07-17
The intrinsic value of Figma, Inc. (FIG) is estimated at $3.52 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $23.95, the stock appears overvalued relative to its projected cash flow fundamentals. This estimate assumes a -45.93% long-term growth rate and a 10.25% discount rate, reflecting expected future free cash flow and cost of capital.
The intrinsic value of Figma, Inc. (FIG) is estimated at $3.52 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $23.95, the stock appears overvalued relative to its projected cash flow fundamentals. This estimate assumes a -45.93% long-term growth rate and a 10.25% discount rate, reflecting expected future free cash flow and cost of capital.Valuation Details
Fundamental Details
Narrative Details
Trend Details
Investment Coach
- Price moves to at least a mid-teens discount to fair value.
- Sustained improvement in ROIC versus WACC spread.
- Meaningful positive shifts in the company’s narrative score and fundamentals.
Free Cash Flow (in millions)
How Intrinziq Estimates Fair Value
Intrinziq estimates Figma, Inc.'s intrinsic value using a discounted cash flow (DCF) model based on free cash flow trends and a market-based discount rate. The model projects future cash flows over ten years and discounts them using a market return assumption to estimate fair value.
Figma, Inc.Technology
Figma, Inc. develops and sells a collaborative, browser-based platform for designing, prototyping, building digital experiences, and subscriptions for access to its platform. The company offers Figma Design, a collaborative design tool for teams that explore ideas and gather feedback, build realistic prototypes, and streamline product development with design systems; Dev Mode to inspect designs and translate them into code without changing the design file; FigJam to define ideas, align decisions, and move work forward—all in one place; and Figma Slides, a presentation tool built for designers and their teams. It also provides Figma Draw to create expressive designs with illustration tools; Figma Buzz, which publishes brand templates to create social media assets, display ads, one-pagers, and others; Figma Sites to design, prototype, and publish; Payload CMS is an open-source, headless content management system and application framework acquired by Figma; Figma Make, an AI tool to design and prompt way to a functional prototype; Figma Weave for AI-powered media generation and editing. The company was incorporated in 2012 and is headquartered in San Francisco, California.