Home / Business and Economy / Figma's Blockbuster IPO Soars 242% on NYSE Debut
Figma's Blockbuster IPO Soars 242% on NYSE Debut
31 Jul
Summary
- Figma's IPO priced at $33 per share, opened at $85
- Shares surged 242% to $112.77 on debut
- IPO was 40x oversubscribed, raised $1.22 billion
On July 31, 2025, Figma, a prominent design software company, made its highly anticipated debut on the New York Stock Exchange. The company's initial public offering (IPO) was a resounding success, with shares opening at $85 per share, significantly higher than the $33 per share pricing.
Since the market open, Figma's stock has continued to surge, reaching $112.77 per share, a remarkable 242% increase from the IPO price. The overwhelming demand for Figma's shares was evident, as the IPO was 40 times oversubscribed, raising a staggering $1.22 billion for the company.
Figma's impressive financial performance has also caught the attention of industry analysts. According to DA Davidson analyst Gil Luria, Figma is "the software IPO we've been waiting for," noting that the company "checks the boxes in terms of growth, profitability, and technology." Luria believes Figma's successful debut could pave the way for additional software IPOs in the coming 12-18 months.
