Down 60% From Its Highs, Should You Buy the Dip in Figma Stock?

The S&P Information Technology sector ($SRIT) has shown strong growth in 2025, gaining 13.41% in the past three months. This performance outpaces the broader S&P 500 index ($SPX), which rose 9.13% over the same period. The growth is mainly due to companies spending more on software. According to Statista, global enterprise-software revenue is expected to grow by nearly 5% each year through 2030, driven by increased use of artificial intelligence (AI) and cloud technology.

This backdrop helps explain why investors are considering if Figma’s (FIG) recent stock drop offers a good buying opportunity. Figma, a cloud-based design platform, went public in July with an initial price of $33 a share.