Figma Stock IPO Price: What to Expect, Valuation Details, and How to Buy Shares Early

Figma has officially priced its highly anticipated initial public offering (IPO) at $33 per share, topping the already-raised marketing range of $30–$32 and valuing the collaborative-design platform at roughly $19.3 billion. The company is selling 36,937,080 Class A shares and will begin trading on the New York Stock Exchange on 31 July 2025 under the ticker symbol “FIG.” Here’s what prospective investors need to know about the Figma stock IPO price and its market debut. Figma IPO price at a glance • Final price: $33 per share • Shares offered: 36.94 million Class A shares • Capital raised: ≈ $1.22 billion • Implied valuation: ≈ $19.3 billion • Ticker: FIG • Listing exchange: NYSE How Figma arrived at $33 Investor demand surged during the roadshow, with books reportedly ≈ 40 times oversubscribed, allowing Figma to come in a full dollar above the top of its revised range. Earlier filings had penciled in a $28–$31 window, which Figma lifted after early feedback signaled robust appetite from both growth and crossover funds. Why investors are paying up 1. Dominant market position: Figma’s browser-based design tool has become the de facto standard for real-time collaboration, boasting 6 million monthly active users. 2. Subscription economics: 92 percent gross margins and a net dollar retention rate above 130 percent underscore a sticky, expanding customer base. 3. Cloud-software tailwinds: With design moving further into product, marketing and engineering workflows, Wall Street sees room for Figma to cross-sell prototyping, whiteboarding and developer handoff add-ons. Context within 2025’s IPO class Figma’s $19.3 billion valuation immediately positions it among the five largest U.S. tech IPOs this year—alongside hot debuts from Stripe, Shein and Databricks. Notably, its price-to-sales multiple near 35× trails the 45× premium once speculated during 2022’s aborted sale to Adobe, indicating a reset but still a hefty premium to design-software incumbent Adobe, which trades around 14× forward sales. What happens once trading starts • Lock-up period: Early employees and venture investors will be restricted from selling additional shares for 180 days. • Greenshoe option: Underwriters can purchase up to 5.5 million more shares to stabilize the stock if volatility spikes. • Volatility watch: First-day pops of 15–30 percent have been common among 2025 tech offerings; given oversubscription levels, FIG could open well north of $38, but profit-taking may follow. How retail investors can buy FIG 1. Place market or limit orders with any broker that supports NYSE trading once the opening cross is complete. 2. Consider dollar-cost averaging if volatility is high during the first week. 3. Review the S-1 for details on dual-class structure: founders retain super-voting Class B shares, concentrating control post-IPO. Bottom line At a $33 IPO price, Figma has threaded the needle between rewarding private backers and leaving upside on the table for new shareholders. Whether FIG proves to be the next must-own collaboration stock will hinge on its ability to extend beyond UI design and convert millions of free users into paying enterprise seats. For now, strong demand and premium pricing signal that investor faith in product-led growth stories is alive and well.