Figma (FIG) Stock Jumps 14% After Salesforce Sparks Enterprise Software Rally
TLDR
- Figma (FIG) stock jumped around 14% on Thursday, trading near $30.89, pulled higher by a broad SaaS rally.
- The rally was triggered by Salesforce’s blowout Q2 earnings, which beat estimates by 80% and eased fears that AI would hurt traditional cloud software.
- Figma’s own Q2 results also supported the move: revenue hit $370.1 million, up 48% year over year, its third straight quarter of accelerating growth.
- Management raised full-year 2026 revenue guidance by $40 million, now targeting $1.463 billion to $1.467 billion.
- Over 50% of paid customers spending more than $10,000 in ARR are using the new Figma AI agent weekly.
Figma (NYSE: FIG) stock climbed sharply on Thursday, rising around 14% to trade near $30.89, as a wave of buying swept through enterprise software stocks following Salesforce’s massive earnings beat.
Salesforce reported record Q2 net sales of $11.35 billion and adjusted EPS of $5.90, beating estimates by 80% and raising its full-year outlook. That sent a strong signal to the market: AI is not killing SaaS, it may actually be helping it.
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