These Analysts Cut Their Forecasts On Figma Following Q2 Results
1. Figma missed earnings estimates, reporting zero cents per share. 2. Quarterly revenue of $249.64M exceeded expectations of $228.2M. 3. Figma forecasts Q3 revenue of $263M to $265M, implying strong growth. 4. Following earnings, analysts lowered price targets for Figma stock. 5. Shares dropped 18.5%, signaling market concerns despite revenue growth.