๐๐๐While the broader SaaS market is trotting slowly, Figma $Figma(FIG)$ has just ignited its engines and left the stable in a cloud of digital gold.
What is Figma? The "Digital Stable" of Creation
If you are new to the race, Figma is the undisputed "Command Centre" for modern design.
The Interface King: Figma is a cloud based collaborative tool used by millions to design everything from the TikTok interface to the SpaceX flight software dashboards.
The "Social" of Design : Unlike old school tools, Figma allows dozens of designers to work on the same "canvas" in real time. Figma is like the "Google Docs" for the world's most creative minds.
The Q4 "Fire Horse" Sprint : Figma's Masterclass in Execution
On February 18 2026, Figma didn't just report. It galloped. While other SaaS names are struggling with AI Fatigue, Figma is proving that AI is its ultimate turbocharger.
The Revenue Leap: Q4 26 revenue hit USD 303.8 million , up a massive 40%, crushing expectations.
The Earnings Beat: Adjusted EPS came in at USD 0.08, leaving the USD 0.06 consensus in the dust.
The USD 1.37 Billion Runway: Guidance for FY 2026 was raised to a powerful USD 1.366 Billion to USD 1.37 billion, signalling a 30% growth trajectory fueied by a new AI Credit monetisation model launching in March 2026.
AI Explosion : Weekly Active Users for Figma Make which is Figma's AI suite, surged 70% quarter on quarter, backed by strong partnerships with Anthropic and OpenAI.
The Pre Market Surge: Shares jumped nearly 16% as investors realised this stallion has plenty of runway left.
The Profitability Puzzle: Is Figma a "Cash Cow" yet?
To be frank, Figma's profitability depends on which "lens" you use.
The Non-GAAP Winner: Figma is officially a profit machine on an adjusted basis, posting USD 43 million in net income. This shows that the core engine is lean, mean and efficient.
The GAAP Reality: The official books show a USD 226.6 million loss. This is mostly due to one time stock based compensation from their 2025 IPO.
The Gold Metric: The real winner for Figma is the Adjusted Free Cash Flow of USD 38.5 million. Combined with a fortress like USD 1.7 billion cash pile, Figma is a "self funded stallion" that does not need to beg for capital.
Analyst Consensus and Technicals
Target Price : Post earnings , the average 12 month target price has shifted toward USD 41.18 to USD 43.25, with some analysts eyeing targets as high as USD 69.
Technical Signals: The 16% jump pushed Figma toward its 50 day moving average of USD 23.46. However the 200 day moving average of USD 27.11 remains the major resistance level to clear for a true trend reversal.
The Bottom Line
Figma is proving that in the Year of the Fire Horse that Creativity plus AI equals Success on Autopilot. Figma is the rare SaaS stallion that is actually harvesting the AI revolution to grow its moat.
To The Wonderful Tiger Community:
May your portfolio have the stamina of a USD 1.7 billion cash pile and the speed of a USD 1.37 billion revenue sprint like Figma.
May your Success stay on Autopilot.
May you always have the AI Turbo to reach the moon!๐งง๐งง๐งง๐๐๐๐๐๐๐ฐ๐ฐ๐ฐ
@Tiger_comments @TigerStars @Tiger_SG @TigerClub @CaptainTiger
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