Asana (ASAN) Stock Price, News & Analysis

Company Overview

Asana, Inc. develops cloud-based work management software that helps organizations coordinate projects, tasks, goals and business processes. Its platform provides tools for assigning and tracking work, managing timelines and dependencies, communicating about projects, and monitoring progress across teams and departments.

Asana’s products support a range of use cases, including project and portfolio management, workflow automation, strategic planning, marketing campaigns, product development and employee onboarding. The platform also offers integrations with commonly used workplace applications and incorporates automation and artificial intelligence features designed to help teams organize information and streamline work.

Founded in 2008 by Dustin Moskovitz and Justin Rosenstein, Asana serves businesses and other organizations globally through a subscription-based software model. The company became publicly traded on the New York Stock Exchange in 2020. Co-founder Dustin Moskovitz has served as Asana’s chief executive officer.

Key Stats

• Today's Range: $9.23 to $9.55
• 50-Day Range: $7.96 to $10.28
• 52-Week Range: $5.38 to $15.48
• Volume: 5.47 million shs
• Average Volume: 8.19 million shs
• Market Capitalization: $2.14 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $9.95
• Consensus Rating: Hold

Asana Stock Analysis - MarketRank™

Asana scored higher than 41% of companies evaluated by MarketBeat, and ranked 408th out of 598 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.6 / 5
• Analyst Rating: Hold

Consensus Rating

Asana has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on no strong buy ratings, 4 buy ratings, 8 hold ratings, and 2 sell ratings.

Upside/Downside

The consensus price target for Asana is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Asana has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for Asana are expected to decrease in the coming year, from ($0.53) to ($0.57) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Asana is -14.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Asana is -14.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Asana has a P/B Ratio of 14.36. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

77.61% of the float of Asana has been sold short.

Short Interest Ratio / Days to Cover

Asana has a short interest ratio ("days to cover") of 2.98, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Asana has recently decreased by 13.13%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Asana does not currently pay a dividend.

Dividend Growth

Asana does not have a long track record of dividend growth.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 0.43

News Sentiment

Asana has a news sentiment score of 0.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Technology companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Asana this week, compared to 6 articles on an average week.

Search Interest

Only 3 people have searched for ASAN on MarketBeat in the last 30 days. This is a decrease of -73% compared to the previous 30 days.

MarketBeat Follows

4 people have added Asana to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Asana insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,831,520.00 in company stock.

Percentage Held by Insiders

87.54% of the stock of Asana is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

26.21% of the stock of Asana is held by institutions.

Company Calendar

• Last Earnings: 9/03/2026
• Today: 10/08/2026
• Next Earnings (Estimated): 12/01/2026
• Fiscal Year End: 1/31/2027

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Technology
• Industry: Software
• Sub-Industry: Application Software
• Current Symbol: NYSE:ASAN
• CIK: 1477720
• Web: www.asana.com
• Phone: 415-525-3888
• Fax: N/A
• Employees: 1,767
• Year Founded: 2008

Price Target and Rating

• Average Price Target for Asana: $9.95
• High Price Target: $15.00
• Low Price Target: $7.00
• Potential Upside/Downside: +6.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.14
• Research Coverage: 14 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.66)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$189.02 million
• Net Margins: -18.62%
• Pretax Margin: -18.27%
• Return on Equity: -80.33%
• Return on Assets: -14.19%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.92
• Quick Ratio: 0.92

Sales & Book Value

• Annual Sales: $790.81 million
• Price / Sales: 2.70
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.65 per share
• Price / Book: 14.36

Miscellaneous

• Outstanding Shares: 228,970,000
• Free Float: 28,530,000
• Market Cap: $2.14 billion
• Optionable: Optionable
• Beta: 1.19