---
title: "Goldman Sachs cuts Figma price target despite strong Q1"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286770456.md"
description: "Goldman Sachs has reduced Figma's price target from $35 to $30 while maintaining a Neutral rating, despite Figma's Q1 2026 revenue rising 46% year-over-year to $333.4 million, surpassing estimates. The downgrade is attributed to competitive threats and margin pressures, even as AI features boost customer spending and enterprise upgrades."
datetime: "2026-05-18T12:25:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286770456.md)
  - [en](https://longbridge.com/en/news/286770456.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286770456.md)
---

# Goldman Sachs cuts Figma price target despite strong Q1

Earnings beat expectations: Figma's Q1 2026 revenue jumped 46% year over year to $333.4 million, beating estimates by over 5%, with record customer retention and strong AI adoption. Goldman trims target: Goldman Sachs cut its price target to $30 from $35 while keeping a Neutral rating, citing competitive threats and margin headwinds despite robust growth. AI monetization gains: Data showed AI features driving higher customer spend and seat expansion, with enterprise users exceeding AI credit limits and upgrading tiers.

### Related Stocks

- [FIG.US](https://longbridge.com/en/quote/FIG.US.md)
- [GS-D.US](https://longbridge.com/en/quote/GS-D.US.md)
- [GS.US](https://longbridge.com/en/quote/GS.US.md)
- [GS-A.US](https://longbridge.com/en/quote/GS-A.US.md)
- [GS-C.US](https://longbridge.com/en/quote/GS-C.US.md)
- [IGV.US](https://longbridge.com/en/quote/IGV.US.md)
- [FIGG.US](https://longbridge.com/en/quote/FIGG.US.md)
- [XSW.US](https://longbridge.com/en/quote/XSW.US.md)
- [W4VR.SG](https://longbridge.com/en/quote/W4VR.SG.md)

## Related News & Research

- [Figma's Stock Rally Fueled by New AI Monetization Strategy](https://longbridge.com/en/news/286535428.md)
- [Figma has a fix for its ailing stock - a new way to make money off its AI products](https://longbridge.com/en/news/286476713.md)
- [Figma's AI credit monetization strategy shows 'stickiness': analysts](https://longbridge.com/en/news/286576459.md)
- [Goldman's Pasquariello Sees "Cause For Some Momentum Sobriety"](https://longbridge.com/en/news/286791105.md)
- [Figma's Next Earnings Report on May 14 Could Send the Stock Soaring. Here's Why.](https://longbridge.com/en/news/286012688.md)