Should You Buy Figma Stock Before Sept. 3? Wall Street Has a Near-Unanimous Answer.

Figma (NYSE: FIG) may not be a household name, but the company found itself in the spotlight in conjunction with its recent initial public offering (IPO). Figma's online platform, powered by artificial intelligence (AI), helps teams create, edit, and share ideas to design websites, apps, and other user interfaces. The company boasts an impressive pedigree, as its customer list is packed with some of the world's most recognizable brands.Figma generated a lot of excitement when it went public on July 31. Ahead of the public offering, the stock was priced at $33 per share, but soared out of the gate and never looked back, climbing to $115.50, surging 250% on its first day of trading. As the initial excitement has worn off, Figma has gradually given back some of its gains, falling 43% from its peak, but is still up 108% (as of this writing).Figma is scheduled to issue its first report as a public company, releasing its second-quarter financial results after market close on Wednesday, Sept. 3. Investors who missed out on the company's debut are looking for a second bite at the apple, but are faced with a conundrum: Should they buy Figma stock ahead of its highly anticipated earnings report, or wait to see how things unfold? Let's see what the available evidence suggests, and what Wall Street has to say.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool