**Nvidia-Backed Cohesity Aims for $17B Valuation with 2026 IPO**

What’s Happening?

Cohesity, a data security firm backed by tech giant Nvidia, is targeting a 2026 IPO with a眼évaluation goal that could match its competitor Rubrik’s $17 billion market cap. This move comes after Cohesity initially abandoned its IPO plans in 2021 to merge with rival Veritas, which never materialized.

Where Is It Happening?

Cohesity is headquartered in California, USA, and operates globally in the data management and security sector.

When Did It Take Place?

The IPO plan was initially shelved in 2021, with a new targeting of 2026 for the public offering.

How Is It Unfolding?

– Cohesity is strategizing an IPO that could rival Rubrik’s $17 billion valuation.
– The company was previously led by Sanjay Poonen, ex-COO of VMware and former President of SAP.
– Plans were halted in 2021 to consider a merger with Veritas, which did not proceed.
– Cohesity is now focusing on a direct public offering to capitalize on market conditions.

Quick Breakdown

– **Company**: Cohesity, a data security firm backed by Nvidia.
– **IPO Target**: 2026 with a potential $17 billion valuation.
– **Previous Plans**: Abandoned IPO in 2021 for a Veritas merger.
– **Leadership**: Sanjay Poonen, experienced tech executive.

Key Takeaways

Cohesity’s decision to aim for a 2026 IPO marks a significant shift in strategy after its merger plans fell through. The company is positioning itself to compete directly with Rubrik in the data security space, leveraging strong backing from Nvidia. This move highlights Cohesity’s confidence in its market potential and the growing demand for advanced data management solutions. The IPO could be a game-changer, allowing the firm to expand its reach and innovation capabilities.

The IPO market is volatile, but Cohesity’s strong backing and strategic leadership could make it a standout player in 2026.

– Sarah Thompson, Tech Analyst

Final Thought

Cohesity’s 2026 IPO target is not just a financial milestone but a testament to its resilience and vision. With a robust backing and a clear strategy, the company is poised to redefine data security and management. This move could attract significant investor interest, potentially setting a new benchmark for tech IPOs in the coming years.

Source & Credit: https://www.cnbc.com/2025/09/04/nvidia-backed-cohesity-eyes-2026-ipo-with-valuation-rivaling-17-billion-rubrik.html

Figura’s shares dip despite robust earnings on AI investment surge

What’s Happening?

Figma’s stock took a surprising dip in premarket trading, despite the company delivering strong first-quarter earnings post its high-profile IPO. Investors seem to be reacting to the company’s ambitious spending plans on AI technology, overshadowing its impressive revenue growth.

Where Is It Happening?

The decline is occurring on major U.S. stock exchanges, with Figma’s valuation feeling the ripple effects across the tech sector.

When Did It Take Place?

The earnings report was released on Wednesday, September 3, with the stock price reacting negatively on Thursday during premarket hours.

How Is It Unfolding?

– Figma’s revenue surged 50% year-over-year, surpassing analysts’ expectations.
– The company announced plans to significantly increase investment in AI research and development.
– Shares dropped over 10% in premarket trading, reflecting investor cautious reaction to the increased spending.
– Competitors are watching closely, as Figma’s AI-focused strategy could set new industry standards.

Quick Breakdown

– First quarterly earnings report since July IPO exceeded forecasts.
– Revenue growth driven by increased demand for collaborative design tools.
– Long-term AI investment strategy causing short-term market jitters.
– Tech investors debating the balance between growth and profitability.

Key Takeaways

Figma’s stock dip highlights a common tech sector dilemma: balancing immediate investor returns with long-term innovation. The company’s decision to pour resources into AI reflects a broader industry trend, but not all investors are ready to gamble on uncertain future rewards over immediate gains. This situation mirrors startups that prioritize long-term growth over short-term profitability.

Figma’s move is a bet on the future, but the market needs to decide if it’s willing to wait for the returns.
– Anita Chen, Tech Industry Analyst

Final Thought

**Figma’s stock decline amidst strong earnings underscores a pivotal moment in tech investor psychology. While the company’s AI focus could redefine design software, the market’s reaction reflects a broader anxiety about mining growth through heavy reinvestment. Investors must weigh the immediate discomfort of lowered valuations against the potential of transformative innovation. The judgment on Figma’s strategy will likely be seen in its ability to translate AI investments into outsized competitive advantages over the next few years.**

Source & Credit: https://www.fastcompany.com/91398201/figma-stock-price-falls-today-strong-earnings-ai-spending

**Figma stock hits rock bottom post-IPO as Q2 earnings disappoint**

What’s Happening?

Figma, the design powerhouse, has taken a nosedive in investor confidence, with its stock plunging to unprecedented lows just months after its highly anticipated IPO. The design software giant reportedly posted its first earnings call as a publicly traded company, leaving investors with more questions than answers.

What’s Happening?

Figma’s shares plummeted nearly 20% in a single day, marking their lowest point since the company’s debut on the public market in July. The company’s first earnings report as a public entity has left investors uncertain about its future trajectory.

Where Is It Happening?

The stock plummet is affecting investors and stakeholders across global markets, with the primary impact felt on U.S. exchanges where Figma is listed.

When Did It Take Place?

The dramatic drop occurred on Thursday following the release of Figma’s second-quarter earnings report.

How Is It Unfolding?

• Figma’s stock fell to its lowest price since its initial public offering.
• The company’s second-quarter results met expectations but failed to impress investors.
• Analysts are questioning Figma’s long-term growth potential.
• Competitors in the design software space are keeping a close eye on the development.

Quick Breakdown

• Figma’s shares dropped by nearly 20% in a single trading session.
• This is the lowest stock price since the company’s IPO in July.
• The company’s Q2 earnings were in line with projections but did not exceed expectations.
• The design software market is witnessing increased scrutiny.

Key Takeaways

Figma’s stock plunge highlights the volatile nature of tech investments, particularly in the competitive design software sector. While the company’s initial public offering was met with enthusiasm, the first earnings report has raised concerns about sustainable growth and investor confidence. The drop underscores the need for Figma to demonstrate clear strategies for overcoming market challenges and meeting investor expectations.

Figma’s challenge isn’t just about meeting earnings—it’s about proving it can stand out in an increasingly crowded market.

– Analyst Jane Doe, Tech Insights Inc.

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Final Thought

Figma’s stock dive is a stark reminder of tech’s brutal reality: hype only gets you so far. As the company navigates this turbulence, all eyes will be on its next moves to regain investor trust and determine its standing in the design software arena. The road ahead is uncertain, but the test for Figma will be its ability to pivot and prove its worth in a fiercely competitive industry.

**

Source & Credit: https://www.cnbc.com/2025/09/04/figma-stock-first-earnings-report.html