Why Figma Stock Popped Today

By Jeremy Bowman – Feb 10, 2026 at 1:16PM ESTKey PointsComments from JPMorgan Chase and Goldman Sachs said the software sell-off was overdone.Figma has plunged in recent weeks in part on concerns about AI disruption.The stock is likely to move significantly following its earnings report next Wednesday. These 10 Stocks Could Mint the Next Wave of Millionaires ›NYSE: FIGFigmaMarket Cap$11BToday's Changeangle-down(9.08%) $2.01Current Price$24.14Price as of February 10, 2026 at 1:44 PM ETA rebound in software stocks was good news for Figma.Shares of Figma (FIG +9.08%) were moving higher today, recovering after a brutal sell-off across the software sector that hit the design-software specialist particularly hard. There was no company-specific news out on Figma, but some Wall Street titans pushed back on the software rout, and that seemed to be enough to trigger the rebound in Figma. As of 12:27 p.m. ET, the stock was up 13.1% on the wave of bullishness. Image source: Figma. Is the software sell-off overdone? This morning, JPMorgan Chase put out a note saying that the plunge in software stocks is an opportunity, rather than a warning, and encouraged investors to buy higher-quality software stocks that are resistant to AI, citing Microsoft and CrowdStrike among its picks. Also, this morning, Goldman Sachs CEO David Solomon said that the software sell-off was "overdone" and "too broad." Those calls helped lift software stocks for the third day in a row, including Figma. Figma might not be the kind of rock-solid stock that Microsoft or CrowdStrike are, but the stock has plunged so low, down more than 85% at one point, that investors seem to see it as a buying opportunity. ExpandNYSE: FIGFigmaToday's Change(9.08%) $2.01Current Price$24.14Key Data PointsMarket Cap$11BDay's Range$21.90 - $25.1652wk Range$19.85 - $142.92Volume663KAvg Vol8MGross Margin85.74% What's next for Figma As a design software company, there are some real questions about whether AI tools could be disruptive, though there is no evidence so far that Figma is being disrupted by new products like Claude Cowork. Figma has had a pair of earnings reports since it went public last July, and it delivered strong results both times. The company will report fourth-quarter earnings on Feb. 18, and the stock is likely to swing following the news. Analysts are expecting $293.2 million in revenue and adjusted earnings per share of $0.06. Investors are likely to parse the report closely for any details on the impact of AI competition, which could be as meaningful as the numbers themselves. Read NextFeb 6, 2026 •By Will HealyWhere Will Figma Be in 5 Years?Feb 5, 2026 •By David Jagielski, CPADown More Than 80% From Its High, Has Figma Stock Become a No-Brainer Buy?Feb 4, 2026 •By Stefon WaltersDown 80%, Should You Buy the Dip on Figma?Feb 1, 2026 •By Anders BylundBetter Creative Tools Stock: Figma vs. AdobeJan 31, 2026 •By Robert IzquierdoIs Figma Stock a Buy Now?Jan 29, 2026 •By Jeremy BowmanWhy Figma Stock Tumbled TodayAbout the AuthorJeremy Bowman has been a contributing Motley Fool stock market analyst, covering technology, consumer goods, and macroeconomic trends since 2011.

Before The Motley Fool, Jeremy was a newspaper reporter, restaurant manager, and English teacher abroad. He holds a bachelor’s degree in English from Colorado College and a master’s degree in business administration from American University. One of his Motley Fool headlines was briefly featured on Late Night with Stephen Colbert.TMFHoboX@TMFBowmanStocks MentionedFigmaNYSE: FIG$24.14 (+9.08%) $+2.01MicrosoftNASDAQ: MSFT$416.79 (+0.77%) $+3.19JPMorgan ChaseNYSE: JPM$317.67 (1.38%) $4.43CrowdStrikeNASDAQ: CRWD$414.79 (+1.65%) $+6.75*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.