How Figma Stock Doubles To $160
1. Figma's stock corrected from $115.50 to $80 after its IPO. 2. Company's revenue surged to $749 million in 2024, with strong growth prospects. 3. Net Dollar Retention is at 132%, indicating strong customer engagement and expansion. 4. Figma's margin trends suggest high profit potential by FY'29. 5. Competitive threats from Microsoft and AI tools could impact market position.