Figma's AI credit monetization strategy shows 'stickiness': analysts
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Figma's Q1 report showed its largest earnings beat since its IPO, with analysts praising its AI credit monetization strategy. Over 75% of users exceeding credit limits continued using credits, indicating strong platform engagement. RBC Capital Markets maintained a Sector Perform rating, lowering the price target to $28. Piper Sandler reiterated an Overweight rating, reducing the target to $30, while Oppenheimer kept a Perform rating without a price target. Figma shares rose 9% following the report.
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