Here’s a bold statement: While the market’s volatility might make you hesitant to dive into growth stocks, two under-the-radar players could redefine your portfolio in 2026 and beyond. Meet Figma and CoreWeave—two companies riding the unstoppable wave of artificial intelligence (AI) innovation. But here’s where it gets controversial: Are these stocks truly undervalued gems, or are investors overlooking hidden risks? Let’s dive in.
As global markets flirt with record highs, macroeconomic challenges like persistent inflation, trade tensions, and geopolitical unrest are pushing many investors toward safer bets. Yet, for those with a long-term horizon, these short-term hurdles could be the perfect opportunity to snag growth stocks poised for secular tailwinds. Enter Figma and CoreWeave—two names you’ll want to remember.
Figma: Redefining Design in the Cloud
Figma isn’t just another tech company; it’s revolutionizing how designers and developers work. Known for its cloud-based user interface (UI) and user experience (UX) design tools, Figma is growing at breakneck speed. In 2024 alone, its customer base generating at least $10,000 in annual recurring revenue (ARR) soared 45% to 10,517, while its net dollar retention rate climbed to 134%. Revenue? Up 48% to $749 million.
What sets Figma apart? Its tools run seamlessly in a web browser, eliminating the need for clunky software installations—a stark contrast to legacy players like Adobe. Plus, its real-time collaboration features make it a go-to for teams. With a free tier for small users and a paid option for enterprises, Figma is democratizing design while scaling its revenue model.
And this is the part most people miss: Adobe’s failed $20 billion acquisition attempt in 2022 wasn’t just a regulatory roadblock—it spotlighted Figma’s potential. Today, its $19 billion market cap might seem steep at 15 times 2026 sales, but analysts predict a 27% CAGR in revenue from 2024 to 2027, reaching $1.53 billion. AI-powered tools, third-party integrations, and global expansion could make this valuation look like a bargain in hindsight.
CoreWeave: The Unsung Hero of AI Infrastructure
CoreWeave’s journey is nothing short of transformative. Originally an Ethereum mining company, it pivoted after the 2018 crypto crash to become a powerhouse in AI infrastructure. Today, it operates 33 data centers across the U.S. and Europe, all powered by Nvidia’s cutting-edge GPUs.
Here’s the game-changer: CoreWeave’s cloud-based GPUs allow AI companies to outsource processing tasks without investing in expensive hardware. The result? AI workloads run 35 times faster and 80% cheaper than traditional cloud platforms. In 2024, its revenue skyrocketed 738% to $1.92 billion, and analysts forecast a staggering 116% CAGR through 2027, hitting $19.2 billion.
But here’s the catch: CoreWeave’s $38.1 billion market cap trades at just three times 2026 sales, thanks to concerns over rising debt and dilution from its aggressive expansion. Yet, if its partnerships with giants like Microsoft and OpenAI pay off, this stock could be a multi-bagger in the making.
The Bigger Picture: Opportunity or Overhype?
Both Figma and CoreWeave are riding the AI wave, but their stories aren’t without debate. Is Figma’s valuation justified, or is it priced for perfection? Can CoreWeave sustain its growth while managing its balance sheet? These questions make them intriguing—and potentially rewarding—picks for 2026.
Your Turn: Agree or Disagree?
Are Figma and CoreWeave the growth stocks of the future, or are investors overlooking red flags? Share your thoughts below—let’s spark a conversation!
