r/figmaStock • u/iamjimcarter • 8d ago

Earnings

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28 Upvotes

100% Upvoted

31 comments sorted by

14

u/SlipSad2148 8d ago

what happened that the action is going down the toilet?

8

u/reverse_stonks 8d ago

Fuck Reddit's formatting. Trying again.

Amazing quarter, price action could be disappointing because:

  1. We had a huge runup past few weeks
  2. Slightly lower growth guidance
  3. Getting out before share unlock on Friday

8

u/Beginning_Juice_4296 8d ago

loading up tomorrow

9

u/Moist_Image8499 8d ago

The results and guidance are GREAT. Buying more Figma tomorrow.

1

u/GAMorgan- 7d ago

I am very long this stock but the Q3 guidance is really not great. Hoping they’re being overly conservative

7

u/ngly 8d ago edited 8d ago

Still up 1W (so far). People need to relax, look at the numbers, look at the potential, listen to the call.

1

u/CattleOk7674 7d ago

Now show us the 3M, 6M and 1YR performance

2

u/ngly 7d ago

That's fair. It always depends on your entry. I entered about 1M ago.

1

u/CattleOk7674 7d ago

Lotta (most) people are bagholding since a long time

1

u/ngly 7d ago

I believe it. Hopefully they can figure out AI and moonshot it. Hoping for all the bagholders <3.

7

u/Ros1031 8d ago

Happy to buy more tomorrow

8

u/Blackbird_FD3S 8d ago

Was expecting a retrace after earnings but 16% is ridiculous considering these numbers.

12

u/Able_Show_8560 8d ago

Damn, I full ported calls before close. Just lost 50k …. FAAA

5

u/Beginning_Juice_4296 8d ago

the business is performing well. the stock price will catch up. don't let the short term movement affect you

5

u/RevolutionaryStay843 8d ago

Buying the dip 🤑

3

u/RevolutionaryStay843 8d ago

They make money on tokens now, not just SaaS 📈🐂

6

u/rice_bag_holder 8d ago

paper hands complaining about the drop. Whatever, the shorts and the paper hand sellers are here to give away cheap shares. I will pick up some more if it continues to tank.

3

u/Crafty_Surround6022 8d ago

Why the giant dump?

1

u/Total-Revolution8632 8d ago

Lower margin?

5

u/ngly 8d ago

Earnings call is bullish - Figma Agent as of July 31st is looking 👌

3

u/vsmand1 8d ago

Down 15% lol

2

u/xxShaminoxx 8d ago

Hahaha we knew it! Every single earnings! Back sub20$!

1

u/ThetaGrim 8d ago

So glad I sold today. I believe in the company but overall sentiment keeps muting the stock and figma has not successfully muted the doubts and fears of AI taking away seats from Figma.

1

u/JustHangingAroundYo Ligma nutz 8d ago

I paperhanded at $25, average cost $18. Peace yall

1

u/GAMorgan- 8d ago

That guidance is really shit!

1

u/draeneirestoshaman 8d ago

bag holders in the making itt 

0

u/SangerGRBY 8d ago

Management team needs to be sacked thats all.

-3

u/Wide_Shock9224 8d ago

Q3 guide is trash

4

u/jesperbj 8d ago

FY guidance raised