Figma Stock Battles 200-Day Moving Average: Is the BofA Buy Rating Enough?

Benzinga07-08 22:38

The pullback looks more like consolidation after that pop than a clean reversal of the longer-term downtrend. Figma is still working back from a drawdown of about 85% from its 52-week high, a setup ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2650970949?lang=en_US&edition=fundamental","thumbnail":"https://cdn.benzinga.com/cdn-cgi/image/width=260,format=auto,quality=85/files/images/story/2026/07/08/Figma.jpg","is_english":true,"pubTime":"2026-07-08 22:38","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2650970949","market":"hk","top_or_hot":-1,"title":"Figma Stock Battles 200-Day Moving Average: Is the BofA Buy Rating Enough?","media":"Benzinga","content":"<div>\n<p>The pullback looks more like consolidation after that pop than a clean reversal of the longer-term downtrend. Figma is still working back from a drawdown of about 85% from its 52-week high, a setup ...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/movers/26/07/60334422/figma-stock-battles-200-day-moving-average-is-the-bofa-buy-rating-enough\">Source Link</a>\n\n</div>\n","source":"benzinga_hot_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Figma Stock Battles 200-Day Moving Average: Is the BofA Buy Rating Enough?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFigma Stock Battles 200-Day Moving Average: Is the BofA Buy Rating Enough?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-07-08 22:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/trading-ideas/movers/26/07/60334422/figma-stock-battles-200-day-moving-average-is-the-bofa-buy-rating-enough><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The pullback looks more like consolidation after that pop than a clean reversal of the longer-term downtrend. Figma is still working back from a drawdown of about 85% from its 52-week high, a setup ...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/movers/26/07/60334422/figma-stock-battles-200-day-moving-average-is-the-bofa-buy-rating-enough\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4023","symbol_name":"应用软件","start_time":0,"source_url":"https://www.benzinga.com/trading-ideas/movers/26/07/60334422/figma-stock-battles-200-day-moving-average-is-the-bofa-buy-rating-enough","article_id":"2650970949","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/cdn-cgi/image/width=260,format=auto,quality=85/files/images/story/2026/07/08/Figma.jpg"],"rights":{"source":"benzinga_hot_news","url":"https://www.benzinga.com/trading-ideas/movers/26/07/60334422/figma-stock-battles-200-day-moving-average-is-the-bofa-buy-rating-enough","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2650970949","pubTimestamp":1783521480,"columns":[],"sourceInfo":{"source_id":"benzinga_hot_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Figma shares are trading lower Wednesday as risk appetite cools and traders digest a recent bullish analyst reset.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"BK4023":"应用软件","FIG":"Simplify Macro Strategy ETF","FIGG":"2倍做多Figma ETF-Leverage Shares"},"translate_title":"Figma股票挑战200日移动平均线：美国银行的买入评级足够吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FIGG":0.6,"FIG":1.97},"content_text":"The pullback looks more like consolidation after that pop than a clean reversal of the longer-term downtrend. Figma is still working back from a drawdown of about 85% from its 52-week high, a setup that can keep volatility elevated on red-market days.\nFigma’s bull case is also leaning on a growth-versus-peers valuation argument, with the stock framed at 8x estimated 2027 EV/sales versus a peer average around 5.9x. Bank of America also modeled revenue growth of 35.6% in 2026 and 23% in 2027, versus peer averages of 19.3% and 15.7%.\nFrom a trend perspective, FIG is still trying to repair damage after a steep 12-month slide of 81.25%, and the longer-term moving averages remain a headwind. The stock is trading about 31.8% below its 200-day SMA ($31.80) and about 1.7% below its 100-day SMA ($22.06), even though it’s holding above the 20-day SMA ($19.36) and 50-day SMA ($20.46).\nThe moving-average structure is still bearish: the 20-day SMA is below the 50-day SMA, and the death cross (50-day below 200-day) that formed in January is still in place. That said, MACD is above its signal line with a positive histogram, which suggests downside pressure is easing versus the prior downswing (it’s a momentum \"improving\" read, not a full trend flip by itself).\nFigma is focused on turning ideas into digital products and experiences, with a browser-based platform that spans more of the software creation lifecycle than \"design\" alone. It sells subscriptions for access to its platform, which is why enterprise adoption and retention metrics tend to matter as much as near-term product headlines.\nThat business framing is central to the AI debate: the bullish view is that AI increases the number of people building digital products and makes workflows more complex, pushing teams toward a centralized collaboration layer.\nFIG Stock Price Activity: Figma shares were down 2.79% at $21.57 at the time of publication on Wednesday, according to Benzinga Pro data.\nImage: Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.45.2","shortVersion":"4.45.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2650970949","isCrawlerRequest":true}