When is Figma IPO? Should I Buy?

Figma IPO Date: When Is It Going Public?

Figma launched its IPO roadshow on July 21, 2025, with pricing expected to occur during the week of July 29, 2025, based on official announcements. The stock will list on the NYSE under the ticker “FIG” once pricing is finalized.

The offering includes:

• 12,472,657 shares from Figma (primary issuance)
• 24,646,423 shares from existing shareholders (secondary offering)
• A 30-day option to purchase 5,545,208 additional shares

Current Valuation and Financial Performance

Figma’s IPO is expected to raise approximately $1 billion, giving it a fully diluted valuation between $15.9 billion and $16.4 billion based on the proposed price range.

2024–2025 Financial Highlights:

• 2024 Revenue: $749 million (+46% YoY)
• Q1 2025 Net Income: $44.9 million (profitable quarter)
• Full-Year 2024 Net Loss: ~$732 million
• Users: 13 million+ monthly active users
• Clients: 80% of Fortune 500 companies

Figma has proven strong enterprise demand and high retention, making it a standout in the SaaS space even amid broader tech-sector repricing.

What Is Figma’s IPO Price Range?

Figma’s IPO price range is set at $25 to $28 per share. If priced at the high end, the company could be valued at $16.4 billion, according to its filing.

Underwriters include:

• Morgan Stanley
• Goldman Sachs
• Allen & Company
• J.P. Morgan

Other co-managers include BofA Securities, RBC, and Wells Fargo. This robust institutional participation suggests high initial demand, though traders should remain cautious of IPO volatility.

Figma IPO Price Prediction After Listing

While Figma IPO price prediction depends on market conditions, trader sentiment indicates potential upside if pricing lands at the midpoint or lower range. Key drivers include:

• SaaS peers trading at 8–12x forward revenue
• Figma’s top-line growth and profitability momentum
• Broader tech IPO appetite post-Nasdaq rebound in Q2 2025

Expect volatility in the first 2–3 trading sessions due to a large float from secondary shares and potential profit-taking by early investors.

Unique Disclosures in Figma’s S-1 Filing

Figma’s IPO filing includes notable and rare disclosures:

• $70 million allocation into Bitcoin ETFs
• Authorization to issue “Blockchain Common Stock”
• Heavy investments in AI-driven product design (via FigJam and Dev Mode)

These elements differentiate Figma from traditional SaaS IPOs and could attract retail and institutional crypto-friendly investors.

Does Figma Plan to Go Public?

Yes, Figma is officially going public. The company delayed earlier IPO plans due to:

• FTC’s 2023 block of Adobe’s $20B acquisition
• Market volatility from rising interest rates
• Focus on product expansion and enterprise scaling

Now that macro conditions have stabilized and tech IPOs like Stripe and Canva have resumed plans, Figma’s timing aligns with a more favorable listing environment.

What Traders Should Watch in Figma IPO

Professional and retail traders should closely monitor:

• Pricing outcome vs. the $25–28 range
• Float volume from secondary shares
• Lock-up expiration dates
• Relative strength vs. peers like Canva, Adobe, and Atlassian

Any updates on crypto-related strategies or blockchain offerings

Short-term volatility is likely, but long-term value will depend on Figma’s ability to sustain growth and compete in the evolving design + AI collaboration market.

Conclusion

So, when is Figma IPO? The public debut is expected in the last week of July 2025, with pricing set between $25 and $28 per share. Traders should view this as one of the year’s top IPOs, given Figma’s product leadership, growing revenues, and strategic timing.

Stay updated on FIG’s NYSE launch and market response, this listing could redefine how SaaS companies go public in the AI and Web3 era.

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