---
title: "儘管 Figma 在第一季度表現強勁，高盛仍下調了其目標價"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/286770456.md"
description: "高盛將 Figma 的目標股價從 35 美元下調至 30 美元，同時維持中性評級，儘管 Figma 在 2026 年第一季度的收入同比增長 46%，達到 3.334 億美元，超出預期。此次下調評級歸因於競爭威脅和利潤壓力，儘管人工智能功能推動了客户支出和企業升級"
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)
---

# 儘管 Figma 在第一季度表現強勁，高盛仍下調了其目標價

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.

### 相關股票

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

## 相關資訊與研究

- [鉅亨速報 - Factset 最新調查：Figma, Inc. Class AFIG-US 的目標價調降至 30 元，幅度約 14.29%](https://longbridge.com/zh-HK/news/286592903.md)
- [設計軟體商 Figma 財報優、AI 成利器  盤後飆一成](https://longbridge.com/zh-HK/news/286507589.md)
- [鉅亨速報 - Factset 最新調查：Figma, Inc. Class A(FIG-US) EPS 預估上修至 0.26 元，預估目標價為 35.00 元](https://longbridge.com/zh-HK/news/286563923.md)
- [第三方帳號成資安破口，SailPoint：很多企業連「誰能登入」都不知道](https://longbridge.com/zh-HK/news/286868553.md)
- [Figma 的股票上漲是由於其新的 AI 貨幣化策略所推動](https://longbridge.com/zh-HK/news/286535428.md)