Figma Inc. is making waves today as it launches its initial public offering (IPO) on the New York Stock Exchange (NYSE) under the ticker symbol FIG. A burning question among eager investors is: what time does Figma start trading? According to market indications, shares of Figma are expected to start trading between 9:30 AM and 10:00 AM ET on July 31, 2025.
While the NYSE opens at 9:30 AM ET, IPO stocks like Figma can experience slight delays depending on underwriter coordination and final market conditions. Given the overwhelming investor interest—with orders reportedly 40 times oversubscribed—trading is expected to begin as early as possible within that window.
What Time Does Figma Start Trading on the NYSE?
Figma is projected to begin trading between 9:30 AM and 10:00 AM ET. This is standard for IPO listings, though exact timing often depends on order book finalization and initial price setting. Today, the opening range is estimated at $95 to $100 per share, which is a dramatic jump from the IPO price of $33.
This debut has generated intense buzz, marking a powerful return for tech IPOs after a multi-year slowdown in public listings.
Why Figma’s IPO Matters for Investors and the Market
Figma’s IPO is more than just a market event—it’s a signal of confidence in profitable, high-growth, AI-integrated software firms. With a 92% adjusted gross margin and 46% year-over-year revenue growth, Figma stands out. Its IPO valuation of $19.34 billion could potentially soar to $59 billion, based on current trading indications.
The listing comes after Adobe’s $20 billion acquisition deal fell through in late 2023 due to regulatory concerns. Now, Figma’s independent public debut provides a powerful narrative of innovation and investor confidence in design tech.
Key Strategic Moves Leading to IPO
Figma has pushed significant updates recently, such as:
Dev Mode: Enabling better collaboration between developers and designers.
Figma Make: An AI tool that converts prompts into functional prototypes.
CEO Dylan Field has reaffirmed the company’s vision of pushing into new AI territories and expanding through potential acquisitions—provided cultural and product alignment is strong.
IPO Market Impact and Investor Sentiment
Figma’s IPO reflects a resurgence in the tech IPO scene. With over $21 billion raised from U.S. IPOs this year, Figma is adding momentum to a market recovery. The strong demand—reportedly oversubscribed more than 40x—signals high investor appetite for next-gen software firms.
Notably, the IPO was run like an auction, with investors submitting exact quantities and price bids—boosting pricing efficiency and transparency.
Summary for Investors
Figma IPO Key Highlights:
Trading Time: Expected between 9:30–10:00 AM ET
IPO Price: $33 per share
Indicated Opening: $95–$100 per share
Estimated Market Cap: Up to $59 billion
Ticker Symbol: FIG
Lead Underwriters: Morgan Stanley, Goldman Sachs, JPMorgan, Allen & Co.
Figma’s launch marks a new chapter for design software and signals strong momentum for AI-driven tools in public markets.
Figma’s public trading debut is not just financial news—it’s a pivotal tech milestone. The company is now positioned as a global leader in collaborative design, pushing boundaries with AI, and attracting serious investor attention.
You Must Know:
What exchange is Figma listed on? Figma is listed on the NYSE under the ticker FIG.
Why is Figma’s IPO important? It marks the largest design tech IPO in years, signaling renewed tech market confidence.
When will Figma start trading? Expected between 9:30 AM and 10:00 AM ET on July 31, 2025.
Who are Figma’s IPO underwriters? Morgan Stanley, Goldman Sachs, Allen & Co, and JPMorgan.
What is Figma Make? A new AI tool that transforms text prompts into working design prototypes.
Who is Figma’s CEO? Dylan Field, who co-founded the company after leaving Brown University.
