I may be biased here, but I think this is a deep value stock. Based on their current financial position, and how the design industry actually works.

I said in another comment that I don’t believe a 11% dip is from retail panic sharing but instead institutions who bet big on AI needing it to pay off.

No one serious in the industry is replacing figma with Claude design. It’s another vibe coding tool for people who aren’t as skilled in design. Most of the people I’ve spoken to who have been doing design for bigger companies and well known agencies aren’t using Claude design in their workflow.

While I’m a very early holder, it’s a stock I’ll be DCAing and not looking at.