NYSE:ASAN Asana (ASAN) Stock Price, News & Analysis → Could Your Accounts Be Frozen? (From Allegiance Gold) (Ad) Free asan Stock Alerts $15.63 +0.29 (+1.89%) (As of 05/2/2024 ET) Add Compare Share Share Today's Range$14.87▼$15.6550-Day Range$13.55▼$20.0852-Week Range$13.34▼$26.27Volume2.14 million shsAverage Volume1.98 million shsMarket Capitalization$3.51 billionP/E RatioN/ADividend YieldN/APrice Target$20.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Asana alerts: Email Address Asana MarketRank™ Stock AnalysisAnalyst RatingReduce1.91 Rating ScoreUpside/Downside32.2% Upside$20.67 Price TargetShort InterestBearish14.60% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.14Based on 19 Articles This WeekInsider TradingSelling Shares$788,886 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($1.08) to ($0.96) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.18 out of 5 starsComputer And Technology Sector507th out of 595 stocksPrepackaged Software Industry170th out of 199 stocks 3.0 Analyst's Opinion Consensus RatingAsana has received a consensus rating of Reduce. The company's average rating score is 1.91, and is based on 3 buy ratings, 4 hold ratings, and 4 sell ratings.Amount of Analyst CoverageAsana has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted14.60% of the float of Asana has been sold short.Short Interest Ratio / Days to CoverAsana has a short interest ratio ("days to cover") of 6.Change versus previous monthShort interest in Asana has recently increased by 4.92%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldAsana does not currently pay a dividend.Dividend GrowthAsana does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ASAN. Previous Next 1.7 News and Social Media Coverage News SentimentAsana has a news sentiment score of 0.14. 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 is a lower news sentiment than the 0.36 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 19 news articles for Asana this week, compared to 10 articles on an average week.Search InterestOnly 7 people have searched for ASAN on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Asana to their MarketBeat watchlist in the last 30 days. This is a decrease of -29% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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 $788,886.00 in company stock.Percentage Held by Insiders63.26% 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 InstitutionsOnly 26.21% of the stock of Asana is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Asana are expected to grow in the coming year, from ($1.08) to ($0.96) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Asana is -13.36, 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. SectorThe P/E ratio of Asana is -13.36, 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 RatioAsana has a P/B Ratio of 10.78. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsClaim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.Secure Your Spot Now About Asana Stock (NYSE:ASAN)Asana, Inc., together with its subsidiaries, operates a work management platform for individuals, team leads, and executives in the United States and internationally. Its platform helps organizations to orchestrate work from daily tasks to cross-functional strategic initiatives; manage work across a portfolio of projects or workflows, see progress against goals, identify bottlenecks, resource constraints, and milestones; and communicate company-wide goals, monitor status, and oversee work across projects and portfolios to gain real-time insights. The company serves customers in various industries, such as technology, retail, education, non-profit, government, healthcare, hospitality, media, manufacturing, professional services, and financial services. The company was formerly known as Smiley Abstractions, Inc. and changed its name to Asana, Inc. in July 2009. Asana, Inc. was incorporated in 2008 and is headquartered in San Francisco, California.Read More ASAN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ASAN Stock News HeadlinesApril 27, 2024 | insidertrades.comAsana, Inc. (NYSE:ASAN) CFO Sells $150,000.00 in StockApril 4, 2024 | insidertrades.comAsana, Inc. (NYSE:ASAN) Insider Sells $69,027.14 in StockMay 3, 2024 | TradeSmith (Ad)The A.I. story nobody is telling you (Read ASAP)There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...May 1, 2024 | finance.yahoo.comAsana to Announce First Quarter Fiscal Year 2025 Financial Results on Thursday, May 30, 2024May 1, 2024 | msn.com5 Best Free Time Management Tools of May 2024April 30, 2024 | finance.yahoo.comSpinach.io Launches AI Voice Commands for Jira and TrelloApril 30, 2024 | americanbankingnews.comAsana, Inc. (NYSE:ASAN) Receives Average Rating of "Reduce" from BrokeragesApril 29, 2024 | finance.yahoo.comAsana CEO calls Tesla the next Enron and says Elon Musk has misled customersMay 3, 2024 | TradeSmith (Ad)The A.I. story nobody is telling you (Read ASAP)There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...April 29, 2024 | msn.comTikTok’s effort to wall off U.S. user data only focused on the ‘front door’ while leaving the back door wide open, former employees sayApril 28, 2024 | afr.comCompanies picking up the bill for employees’ egg freezing and IVFApril 28, 2024 | americanbankingnews.comTim M. Wan Sells 10,000 Shares of Asana, Inc. (NYSE:ASAN) StockApril 27, 2024 | msn.comFacebook Co-founder Alleges Tesla Could Mirror ‘Enron’ in Scathing AccusationApril 27, 2024 | msn.comOff the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Dressing on the SideApril 26, 2024 | seekingalpha.comAsana Has Shown Underlying Strength Under PressureApril 26, 2024 | msn.comFacebook cofounder accuses Tesla of being the next 'Enron'April 26, 2024 | uk.investing.com'This is Enron:' Facebook and Asana co-founder accuses Tesla of 'massive' fraudApril 26, 2024 | finance.yahoo.comFacebook Cofounder Says Tesla Has Committed "Consumer Fraud on a Massive Scale," Will End in JailApril 26, 2024 | fool.comThe Fastest Way to Improve Project Delivery in Your Small BusinessApril 26, 2024 | msn.comFormer Reddit CEO Ellen Pao says the tech sector’s DEI push is alive and wellApril 25, 2024 | msn.com5 Insights for Success in a Hybrid Business ModelApril 24, 2024 | msn.comNYT's The Mini crossword answers for April 21April 24, 2024 | fool.comTop 5 Online Collaboration Tools for Increasing ProductivityApril 23, 2024 | seekingalpha.comAsana: Don't Buy This Dip (Rating Downgrade)April 22, 2024 | finance.yahoo.comBonaccord Capital Partners Announces Strategic Minority Investment in Lead Edge CapitalApril 22, 2024 | msn.com6 reasons to use Microsoft LoopApril 21, 2024 | msn.comVidya Maladave’s Step-by-Step Guide to Master Baby Crow Asana For Core Strength- Watch VideoSee More Headlines Receive ASAN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Asana and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/11/2024Today5/02/2024Next Earnings (Confirmed)5/30/2024Fiscal Year End1/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Prepackaged software Sub-IndustryN/A Current SymbolNYSE:ASAN CUSIPN/A CIK1477720 Webwww.asana.com Phone415-525-3888FaxN/AEmployees1,840Year FoundedN/APrice Target and Rating Average Stock Price Target$20.67 High Stock Price Target$30.00 Low Stock Price Target$10.00 Potential Upside/Downside+32.2%Consensus RatingReduce Rating Score (0-4)1.91 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)($1.17) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-257,030,000.00 Net Margins-39.39% Pretax Margin-38.82% Return on Equity-75.22% Return on Assets-26.20% Debt Debt-to-Equity Ratio0.13 Current Ratio1.80 Quick Ratio1.80 Sales & Book Value Annual Sales$652.50 million Price / Sales5.39 Cash FlowN/A Price / Cash FlowN/A Book Value$1.45 per share Price / Book10.78Miscellaneous Outstanding Shares224,810,000Free Float82,594,000Market Cap$3.51 billion OptionableOptionable Beta1.21 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Dustin A. Moskovitz (Age 39)Co-Founder, President, CEO & Chair Comp: $1Mr. Justin Rosenstein (Age 40)Co-Founder, Advisor & Director Comp: $30kMr. Tim M. Wan (Age 53)Head of Finance Comp: $706.67kMs. Anne Raimondi (Age 52)COO & Head of Business Comp: $745.83kMs. Eleanor B. Lacey Esq. (Age 56)General Counsel, Head of Legal & Corporate Secretary Comp: $522.5kMs. Krista Anderson-Copperman (Age 46)Advisor & Director Comp: $23.47kMs. Catherine BuanHead of Investor RelationsMs. Shannon Sullivan DuffyHead of MarketingMs. Anna Binder (Age 50)Head of People Operations Mr. Prashant Pandey (Age 46)Head of Engineering More ExecutivesKey CompetitorsnCinoNASDAQ:NCNOSmead Value CNASDAQ:SVFCXBlackLineNASDAQ:BLPaycor HCMNASDAQ:PYCRACI WorldwideNASDAQ:ACIWView All CompetitorsInsiders & InstitutionsMutual of America Capital Management LLCSold 5,037 shares on 5/2/2024Ownership: 0.028%Hussman Strategic Advisors Inc.Bought 21,000 shares on 5/2/2024Ownership: 0.009%Diversify Advisory Services LLCBought 33,601 shares on 5/1/2024Ownership: 0.015%Mirae Asset Global Investments Co. Ltd.Sold 3,876 shares on 5/1/2024Ownership: 0.014%Principal Financial Group Inc.Bought 11,165 shares on 4/29/2024Ownership: 0.005%View All Insider TransactionsView All Institutional Transactions ASAN Stock Analysis - Frequently Asked Questions Should I buy or sell Asana stock right now? 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Asana in the last year. There are currently 4 sell ratings, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" ASAN shares. View ASAN analyst ratings or view top-rated stocks. What is Asana's stock price target for 2024? 11 brokerages have issued 1-year target prices for Asana's shares. Their ASAN share price targets range from $10.00 to $30.00. On average, they anticipate the company's stock price to reach $20.67 in the next year. This suggests a possible upside of 32.2% from the stock's current price. View analysts price targets for ASAN or view top-rated stocks among Wall Street analysts. How have ASAN shares performed in 2024? Asana's stock was trading at $19.01 at the start of the year. Since then, ASAN shares have decreased by 17.8% and is now trading at $15.63. View the best growth stocks for 2024 here. Are investors shorting Asana? Asana saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 11,180,000 shares, a drop of 5.7% from the March 15th total of 11,860,000 shares. Based on an average daily trading volume, of 1,990,000 shares, the short-interest ratio is currently 5.6 days. Currently, 14.1% of the shares of the stock are short sold. View Asana's Short Interest. When is Asana's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 30th 2024. View our ASAN earnings forecast. How can I listen to Asana's earnings call? Asana will be holding an earnings conference call on Thursday, May 30th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link. How were Asana's earnings last quarter? Asana, Inc. (NYSE:ASAN) released its quarterly earnings data on Monday, March, 11th. The company reported ($0.28) EPS for the quarter, beating analysts' consensus estimates of ($0.34) by $0.06. The business earned $171.14 million during the quarter, compared to analyst estimates of $167.59 million. Asana had a negative net margin of 39.39% and a negative trailing twelve-month return on equity of 75.22%. What ETFs hold Asana's stock? ETFs with the largest weight of Asana (NYSE:ASAN) stock in their portfolio include Direxion Moonshot Innovators ETF (MOON), AdvisorShares Let Bob AI Powered Momentum ETF (LETB) and iShares Virtual Work and Life Multisector ETF (IWFH).Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR). What guidance has Asana issued on next quarter's earnings? Asana issued an update on its FY 2025 earnings guidance on Tuesday, March, 12th. The company provided earnings per share guidance of -0.220--0.190 for the period, compared to the consensus EPS estimate of -0.220. The company issued revenue guidance of $716.0 million-$722.0 million, compared to the consensus revenue estimate of $724.8 million. When did Asana IPO? Asana (ASAN) raised $0 in an IPO on Wednesday, September 30th 2020. The company issued 30,000,000 shares at $0.00 per share. None acted as the underwriter for the IPO. Who are Asana's major shareholders? Asana's stock is owned by many different retail and institutional investors. Top institutional investors include Simplex Trading LLC (0.00%), IMC Chicago LLC (0.00%), Catalyst Private Wealth LLC (0.03%), Mutual of America Capital Management LLC (0.03%), Sunbelt Securities Inc. (0.02%) and Diversified Trust Co (0.02%). Insiders that own company stock include Anne Raimondi, Chris Farinacci, Dustin A Moskovitz, Dustin A Moskovitz, Eleanor B Lacey, Justin Rosenstein, Lorrie M Norrington, Tim M Wan and Zachary Nelson. View institutional ownership trends. How do I buy shares of Asana? Shares of ASAN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:ASAN) was last updated on 5/3/2024 by MarketBeat.com Staff From Our PartnersThe AI stock to buy right nowStockEarningsCould Your Accounts Be Frozen?Allegiance GoldThe A.I. story nobody is telling you (Read ASAP)TradeSmithUrgent Nvidia WarningAltimetry$5,000 Gold?Stansberry ResearchBitcoin Rockets To Record High But Buy THIS InsteadParadigm PressBill Gates is all about this tiny $2 stockTimothy SykesNew Trump BombshellThe Freeport Society Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Asana, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
