Latest news with #FigmaSites
Business Insider
6 days ago
- Business
- Business Insider
Former Takeover Target Threatens Adobe's (ADBE) Clould Creativity Empire
Adobe (ADBE) is poised to encounter increased competitive pressure, partly of its own making. Figma, the cloud-based design platform that Adobe sought to acquire in 2023, is preparing for a $1.5 billion initial public offering (IPO). This move will enhance Figma's access to capital, providing critical support for its continued growth and market expansion. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Notably, Adobe was required to pay a $1 billion breakup fee following the failed acquisition attempt. The timing of Figma's IPO is particularly significant, as Adobe's revenue growth has slowed from 15–25% in previous years to just 11%, contributing to recent pressure on its stock performance. Additionally, there is growing sentiment that generative artificial intelligence (AI) tools may be narrowing Adobe's competitive moat. However, Adobe remains proactive in defending its leadership in the creative software space, leveraging its innovation capabilities and extensive ecosystem. Given the balance of emerging risks and potential opportunities, I maintain a Neutral outlook on ADBE. Figma's Ascent: A Formidable Competitor Emerges Figma officially filed for its IPO with the SEC via an S-1 registration statement earlier this month, marking a significant milestone for the fast-growing design platform. Its business is thriving—revenue surged 48% to $749 million in fiscal year 2024, with first-quarter revenue rising 46% year-over-year to $228.2 million. A net dollar retention rate of 132% reflects strong customer loyalty and product engagement. Adobe's interest in acquiring Figma in 2022 now seems even more justified. However, the deal was terminated a year later amid regulatory antitrust concerns, resulting in a $1 billion breakup fee paid to Figma. This infusion of capital further strengthened Figma's ability to scale independently. Best known for its browser-based, real-time collaboration tools, Figma has since expanded into adjacent offerings, including Figma Sites (no-code website creation), Figma Make (AI-driven code generation), and Figma Draw (vector editing)—many of which directly compete with Adobe products, such as Illustrator. While Figma's scale is still modest compared to Adobe's 2024 revenue of $21.5 billion, it remains a formidable challenger in the creative software space. Its IPO is expected to accelerate its growth trajectory and broaden its market presence. AI Threatens to Democratize Creativity In addition to competitive pressure from platforms like Figma and Canva, the creative software industry is being rapidly reshaped by the rise of generative AI tools such as Midjourney, OpenAI's Sora, and RunwayML. These solutions are particularly valuable in the early 'ideation phase' of content creation and are widely accessible, with pricing ranging from $20 per month to $1,500 per year. Their growing influence on Adobe's traditional offerings is significant. Many argue that these tools are democratizing creative capabilities, lowering barriers to entry for individuals and small teams. With tens of billions of dollars being invested in AI innovation, even an industry leader like Adobe may find it increasingly challenging to maintain its competitive edge in this rapidly evolving landscape. Adobe's Counter-Offensive: Firefly and AI Integration That said, Adobe is actively incorporating AI to enhance its product offerings. At the center of its AI strategy is Firefly, a suite of generative tools that includes features such as generative fill and expand, AI-assisted workflows, and text-based editing. A key differentiator is Adobe's emphasis on the commercial safety of Firefly, positioning it as a more secure alternative to other generative AI tools—such as those from OpenAI—which have faced concerns around copyright and content sourcing. This focus on reliability and legal clarity appeals particularly to enterprise clients and established organizations that prioritize compliance and risk mitigation, even at a premium. Additionally, Firefly is integrated with major partners, including Google Cloud and OpenAI, expanding its reach and functionality within Adobe's ecosystem. Financial Fortitude: Adobe's Stable Foundation surpassing 37 million paid subscribers by the end of 2024, according to the most recent data sourced by TipRanks. Flagship products, such as Photoshop, continue to be widely adopted by creative professionals worldwide. From a financial standpoint, Adobe is performing exceptionally well. In the second quarter of fiscal year 2025, the company posted record revenue of $5.87 billion. Operating cash flow reached $2.19 billion, representing a robust margin of 37.3%. High margins remain a key strength for Adobe, with a free cash flow margin of 36.83%—significantly outperforming the Information Technology sector median of 11.66% by over 215%. Despite these strong fundamentals, Adobe trades at a relatively modest valuation. Its current Price-to-Earnings ratio of 24.3 is below the sector median of 29.19, suggesting that the market may be factoring in expectations of slower growth ahead. What is the Price Target for ADBE? On Wall Street, the consensus rating on ADBE is Moderate Buy based on 19 Buy, seven Hold, and two Sell ratings in the past three months. T he stock's average price target of $484.88 implies a 26% upside potential over the next twelve months. Following Adobe's fiscal second-quarter results, Citi lowered its price target on ADBE from $465 to $450 while maintaining a Hold rating. The firm acknowledged Adobe's initial progress in monetizing AI as encouraging but expressed caution, citing uncertainty around the sustainability of its AI-driven growth. Citi pointed to fluctuating pricing strategies in fiscal 2025 and what it described as a 'seemingly diminishing' market and mindshare for Adobe's AI models as key concerns. Adobe at a Crossroads: Maturing Growth Meets Rising AI Competition Adobe faces a range of challenges. Growth in the creative software market appears to be entering a mature phase, which has weighed on investor sentiment and stock performance. The market no longer prices ADBE as a high-growth stock; its P/E ratio—once consistently around 50 since 2015—has been roughly halved. The failed acquisition of Figma may also have long-term competitive implications. Additionally, the rise of generative AI tools poses a threat to Adobe's moat, particularly among individual creators and small to mid-sized businesses. That said, Adobe remains a highly profitable enterprise and a trusted leader in the creative software market, which is projected to grow at a 7.1% annual rate. The company's efforts to adapt—highlighted by its AI-driven Firefly platform—demonstrate its commitment to innovation and relevance in a rapidly evolving landscape. Combined with a more reasonable valuation, these strengths make it challenging to adopt an overly bearish stance. All things considered, my outlook on ADBE is Neutral.
Geeky Gadgets
15-05-2025
- Business
- Geeky Gadgets
Figma Sites Review : How Does Figma's Website Builder Compare to Webflow?
What if your favorite design tool could also build websites? That's the bold promise Figma makes with its new website creation feature, a move that has sparked both excitement and skepticism among its user base. By integrating website design and publishing directly into its platform, Figma aims to streamline workflows and eliminate the need for third-party tools. But is this innovation a fantastic option or just another rushed attempt to ride the no-code wave? With its reliance on heavy structures and limited customization, some argue Figma's latest offering sacrifices professional-grade functionality for convenience. In this Figma Sites review explore whether Figma's foray into web creation lives up to its potential—or falls short of its competitors like Webflow and Framer. This review by Kevin Powell, dives into the strengths and shortcomings of Figma Sites website creation feature, addressing critical aspects like accessibility challenges, design flexibility, and competitive positioning. You'll discover how Figma's tool stacks up against industry leaders, why its reliance on JavaScript might raise eyebrows, and whether its convenience outweighs its limitations. Whether you're a designer intrigued by the idea of an all-in-one platform or a developer seeking robust tools, this exploration will help you decide if Figma's new feature deserves a place in your workflow—or if it's better left on the sidelines. Sometimes, innovation isn't about what's added, but what's missing. Figma's Website Builder Overview Website Creation in Figma: A Convenient but Limited Start Figma's website creation tool is available exclusively to paid users, offering a streamlined process for designing and publishing websites. The feature supports responsive design and page linking, making it particularly appealing to designers already familiar with Figma's interface. By eliminating the need for third-party tools, Figma seeks to save users time and effort, creating a more cohesive workflow. Despite these advantages, the tool's limitations are evident. While it simplifies the creation process, it lacks advanced customization options and control over HTML elements. For instance, users cannot define semantic elements such as headings, sections, or navigation, which are essential for building structured and accessible websites. This limitation significantly reduces its appeal to professional developers who require more robust tools for their projects. Additionally, the absence of CSS grid and flexbox integration restricts design flexibility, leaving users with fewer options to create complex layouts. Technical and Accessibility Challenges One of the most significant criticisms of Figma's website creation feature is its reliance on elements for structuring websites. This approach compromises semantic integrity, which is crucial for search engine optimization (SEO) and accessibility. Websites built using this tool may struggle to meet web standards, potentially alienating users who rely on assistive technologies. Accessibility issues extend beyond semantic concerns. For example, redundant ARIA labels can cause screen readers to repeat content unnecessarily, creating a frustrating experience for visually impaired users. Furthermore, Figma's reliance on JavaScript for basic interactions, such as hover effects and link navigation, raises performance and compatibility concerns. These choices can lead to slower load times and inconsistent behavior across devices, further limiting the tool's usability. Such challenges highlight the need for Figma to prioritize accessibility and performance to make its tool more inclusive and reliable. Figma Sites Review Watch this video on YouTube. Browse through more resources below from our in-depth content covering more areas on AI coding. How Figma Stacks Up Against Competitors Figma's entry into the no-code website builder market places it in direct competition with established platforms like Webflow, Framer, and PenPot. These competitors offer more advanced features and greater flexibility, making them better suited for creating professional-grade websites. Webflow: Renowned for its semantic output and extensive customization options, Webflow allows users to define headings, sections, and navigation elements, making sure compliance with web standards. Its robust tools make it a favorite among developers and designers alike. Renowned for its semantic output and extensive customization options, Webflow allows users to define headings, sections, and navigation elements, making sure compliance with web standards. Its robust tools make it a favorite among developers and designers alike. Framer: Known for its ability to deliver polished, responsive designs with minimal effort, Framer appeals to designers seeking efficiency without compromising quality. Its intuitive interface and advanced design capabilities set it apart. Known for its ability to deliver polished, responsive designs with minimal effort, Framer appeals to designers seeking efficiency without compromising quality. Its intuitive interface and advanced design capabilities set it apart. PenPot: As an open source alternative, PenPot aligns closely with CSS standards and supports advanced layout tools like grid and flexbox. This flexibility caters to both developers and designers, offering greater control over design and structure. In comparison, Figma Sites lack of semantic structure and advanced customization tools makes it less competitive. The absence of features like CSS grid and flexbox further limits its appeal to users who prioritize design precision and professional-grade output. Execution and User Perception The reception of Figma's website creation feature has been mixed. While some users appreciate the convenience of designing and publishing websites within a single platform, others view the tool as an incomplete product. Many believe it was rushed to market to capitalize on the growing no-code trend, resulting in a lack of polish and functionality. The tool's reliance on JavaScript for fundamental interactions exacerbates these concerns. By prioritizing ease of use over robust functionality, Figma risks alienating professional developers and accessibility advocates. These shortcomings highlight the need for more comprehensive development and greater user control to make the tool viable for a broader audience. Without addressing these issues, Figma's website creation feature may struggle to gain traction in a competitive market. Exploring Alternative Tools For users seeking a more comprehensive solution, several alternatives outperform Figma Sites in key areas: Webflow: Offers unmatched control over HTML and CSS, making it ideal for creating semantically rich and accessible websites. Its advanced features cater to both beginners and professionals. Offers unmatched control over HTML and CSS, making it ideal for creating semantically rich and accessible websites. Its advanced features cater to both beginners and professionals. Framer: Simplifies the process of building responsive designs while maintaining high-quality output. Its focus on user-friendly design tools makes it a strong contender in the no-code space. Simplifies the process of building responsive designs while maintaining high-quality output. Its focus on user-friendly design tools makes it a strong contender in the no-code space. PenPot: Provides advanced layout tools and open source flexibility, catering to developers and designers who require greater control over their projects. Its adherence to CSS standards ensures high-quality results. These platforms not only address the limitations of Figma's tool but also set a higher standard for no-code website creation. Their emphasis on semantic structure, accessibility, and customization makes them more appealing to a diverse range of users. Media Credit: Kevin Powell Filed Under: Reviews, Technology News Latest Geeky Gadgets Deals Disclosure: Some of our articles include affiliate links. If you buy something through one of these links, Geeky Gadgets may earn an affiliate commission. Learn about our Disclosure Policy.
The Hindu
09-05-2025
- Business
- The Hindu
Figma launches AI tool for building apps and websites
Design application Figma has announced a host of new features including an AI tool called Figma Make that can build websites and apps. Users simply need to 'vibe code' their way through, by entering a prompt with the description of what they want in the website. Users can then even make changes to the design elements later after the website has been published. There are drop-down menus for different elements which are easier to access while making changes instead of asking the AI model. The tool is powered by Anthropic's Claude 3.7 model. The platform will also have a content management system for users to generate blog posts from the site. Users can edit posts within the blog while also being able to edit thumbnails and slugs. Vibe coding tools have become increasingly popular with players entering the space. OpenAI has reached an agreement to acquire vibe coding startup Windsurf while it was also reported that Apple and Anthropic had partnered to develop an AI coding platform. Figma has also released another new tool for marketers called Figma Buzz which can be used to make templates for brand creatives. They can also use AI-generated images or edit the background for assets. These tools essentially help marketers when they're working with bulk clients. There's also Figma Draw for vector editing and making illustrations, with new features like pattern fill, brushes, adding noise and texture etc which have been added to the tool. The company is also reportedly testing Figma Sites that converts designs into working websites which will support AI code generation ability within the next few weeks. A few weeks ago, Figma also became one of the platforms to integrate OpenAI's upgraded image generation model.
Yahoo
07-05-2025
- Business
- Yahoo
Figma releases new AI-powered tools for creating site, app prototypes, and marketing assets
Design company Figma today announced multiple features, including AI-powered site and web app creation, a way for marketers to create assets in bulk, and a new drawing tool. With this launch, the company is taking on other creative solutions such as Canva and Adobe, along with AI-powered website and prototype creators such as WordPress, Wix, Hostinger, and Replit. The company's website creation tool is called Figma Sites. The startup said that often designers build prototypes of what a site should look like within Figma. With the new AI-powered tool, they can easily create websites and even publish them. Once the site is generated, collaborators can easily change elements of the site through an editor without prompting. Users can also add transitions, animations, and scroll effects while making the site responsive. Figma is adding the ability to directly generate blog posts from its site. That means the Sites will have a content management system (CMS), which is an upcoming feature, baked in that lets users edit posts within the design of a blog and also manage other assets such as thumbnails and slugs. For interactive elements like stock tickers, you can add custom code or use AI to generate code for you. Figma Make, on the other hand, is a similar AI-powered tool, which is geared more towards ideation and prototyping. Users can input a prompt to create a web application. The prototype app is collaborative, and users can prompt the assistant to change or add certain elements. Plus, if there is a developer on the team, they can directly modify the code to make necessary changes. Users can also generate small interactive elements, such as a clock, and embed them in the pages published through Figma Sites later. Yuki Yamashita, chief product officer at Figma, said that both products share a lot of features and underlying technology. "We want to enable high-fidelity prototyping with Figma, especially with Figma Make. You can add more data to it and try to see how viable an idea is in terms of final implementation. Whereas Figma Site is useful for a marketing and design team when they exactly know how a site should look and take full control of that," Yamashita told TechCrunch while describing the differentiation between these products. Image Credits: Figma Multiple companies in different sectors are looking for a way to create interactive experiences using AI. Website hosting providers such as Squarespace, Wix, WordPress, and Hostinger have released tools to let users easily create websites through AI. On the other hand, tools like Replit and Lovable are pushing users to create apps or prototypes without coding knowledge. Last month, even Canva released a way to create interactive experiences within its designs with Canva Code.
TechCrunch
07-05-2025
- Business
- TechCrunch
Figma releases new AI-powered tools for creating sites, app prototypes, and marketing assets
Design company Figma today announced multiple features, including AI-powered site and web app creation, a way for marketers to create assets in bulk, and a new drawing tool. With this launch, the company is taking on other creative solutions such as Canva and Adobe, along with AI-powered website and prototype creators such as WordPress, Wix, Hostinger, and Replit. The company's website creation tool is called Figma Sites. The startup said that often designers build prototypes of what a site should look like within Figma. With the new AI-powered tool, they can easily create websites and even publish them. Once the site is generated, collaborators can easily change elements of the site through an editor without prompting. Users can also add transitions, animations, and scroll effects while making the site responsive. Figma is adding the ability to directly generate blog posts from its site. That means the Sites will have a content management system (CMS), which is an upcoming feature, baked in that lets users edit posts within the design of a blog and also manage other assets such as thumbnails and slugs. For interactive elements like stock tickers, you can add custom code or use AI to generate code for you. Figma Make, on the other hand, is a similar AI-powered tool, which is geared more towards ideation and prototyping. Users can input a prompt to create a web application. The prototype app is collaborative, and users can prompt the assistant to change or add certain elements. Plus, if there is a developer on the team, they can directly modify the code to make necessary changes. Users can also generate small interactive elements, such as a clock, and embed them in the pages published through Figma Sites later. Yuki Yamashita, chief product officer at Figma, said that both products share a lot of features and underlying technology. Techcrunch event Exhibit at TechCrunch Sessions: AI Secure your spot at TC Sessions: AI and show 1,200+ decision-makers what you've built — without the big spend. Available through May 9 or while tables last. Exhibit at TechCrunch Sessions: AI Secure your spot at TC Sessions: AI and show 1,200+ decision-makers what you've built — without the big spend. Available through May 9 or while tables last. Berkeley, CA | BOOK NOW 'We want to enable high-fidelity prototyping with Figma, especially with Figma Make. You can add more data to it and try to see how viable an idea is in terms of final implementation. Whereas Figma Site is useful for a marketing and design team when they exactly know how a site should look and take full control of that,' Yamashita told TechCrunch while describing the differentiation between these products. Image Credits: Figma Multiple companies in different sectors are looking for a way to create interactive experiences using AI. Website hosting providers such as Squarespace, Wix, WordPress, and Hostinger have released tools to let users easily create websites through AI. On the other hand, tools like Replit and Lovable are pushing users to create apps or prototypes without coding knowledge. Last month, even Canva released a way to create interactive experiences within its designs with Canva Code. This isn't the first foray for Figma into prototyping, though. Last year, it released a Make Design feature, which had to be pulled after users accused the company of heavily training the tool on existing apps. What's more, Figma is releasing a new tool for marketers called Figma Buzz. With these tools, marketers can easily use templates created by designers with brand-specific designs to make new creatives. They can also use a tool to insert AI-generated images or change the background of certain assets. Marketers can also create assets in bulk using data from sources like spreadsheets. The startup is also launching a tool called Figma Draw for vector editing and illustrations. Yamashita said that designers often had to export their vector designs outside Figma to make edits. The company is now adding features like text on a path, pattern fill, brushes, multi-vector edit, adding noise and texture, and a lasso selection to its Draw product. Image Credits: Figma Figma launched its Slides tool for creating presentations last year. With the new asset creation and drawing tool, the company is directly competing with creative suites such as Adobe and Canva. Yamashita denied that the company is directly competing with these creative tools. He said that Figma is in the business of building digital products, and a third of the company's users are developers, thanks to tools like Dev Mode. The company is announcing a new plan called a content seat starting at $8 per month, which will give users access to Figma Buzz, Slides, FigJam, and Sites CMS.
