The Enterprise Software Stock Wall Street Is Underestimating in 2026

• Fears of AI disruption person made bundle stocks precise unpopular astatine the moment.

• Figma continues to slide, but the institution could turn its gross by 50% implicit the adjacent mates of years.

• That could ignite immoderate awesome returns from the stock's existent valuation.

• 10 stocks we similar amended than Figma ›

Figma (NYSE: FIG) was a blistery banal erstwhile it went nationalist successful the summertime of 2025. But aft initially rocketing higher, the banal has been connected a agelong slide. Figma present sits much than 75% disconnected its all-time high, stomach-churning results for astir who bought shares astatine immoderate point.

Given however rapidly Figma went from blistery to acold connected Wall Street, the endeavor bundle institution could beryllium 1 of the market's astir underestimated names close now.

Here is wherefore penning disconnected Figma banal for 2026 could beryllium a immense mistake.

Figma isn't unsocial successful its dire circumstances. The marketplace has turned an icy enarthrosis toward astir each bundle stock. There seems to beryllium an overwhelming sentiment close present that artificial quality (AI) volition marque galore bundle applications obsolete. Time volition tell, but arsenic with the net successful the precocious 1990s, sentiment is often galore years up of a caller technology's real-world impact.

It seems improbable that entrenched bundle products volition spell distant overnight, oregon anytime soon. People tin make astir immoderate integer website, product, oregon interface successful Figma, adjacent collaborating successful existent clip with others utilizing its multiplayer technology. It utilizes AI features and third-party AI applications specified arsenic OpenAI's ChatGPT. If anything, Figma is simply a new-age bundle company.

Figma's financials backmost up the communicative here. The institution is approaching $1 cardinal successful trailing-12-month revenue, and analysts expect it to summation to astir $1.3 cardinal this twelvemonth and implicit $1.5 cardinal the pursuing year. The institution besides boasts an awesome gross retention complaint of 131%, indicating that Figma users proceed to walk much arsenic they usage it implicit time.

Meanwhile, the stock's continued diminution has created charismatic concern opportunities amid Figma's continued growth. The price-to-sales ratio connected shares has slipped to 14, a coagulated valuation for a concern that could summation gross by 50% implicit the adjacent 2 years and is already profitable capable to person implicit a 4th of its income into escaped currency flow.

The banal could simply enactment astatine its existent valuation, and gathering Wall Street maturation estimates implicit the adjacent 2 years would astir apt mean outperforming the broader market. If this wide fearfulness of an AI-driven bundle armageddon dissipates, investors could easy spot Figma's valuation rise, further expanding the stock's imaginable upside.