Figma Stock Rebounds on Bank of America's 'Buy' Rating Amid AI Concerns

Bank of America reinstated coverage for Figma with a 'Buy' rating and $30 price target, leading to a 6% stock surge. The move comes as the market has seen an 85% decline in FIG shares due to concerns over generative AI reducing demand for design tools like Figma.

By Jabran Kundi Thu, July 9, 2026 at 6:22 PM GMT+3 5 min read · Yahoo Finance · July 9, 2026, 15:22 UTC

Figma Stock Rebounds on Bank of America's 'Buy' Rating Amid AI Concerns

Tickers: $BAC $FIG

Topics: AI impact on design tools Figma stock price recovery

Read the full article at Yahoo Finance

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