Lowest-Rated StocksLowest-RatedNYSE:ASAN Asana (ASAN) Stock Price, News & Analysis → Get out of dollars—get into America’s new money instead (From Stansberry Research) (Ad) Free ASAN Stock Alerts $13.05 -0.08 (-0.61%) (As of 05/31/2024 ET) Add Compare Share Share Today's Range$12.85▼$15.4350-Day Range$13.05▼$15.9252-Week Range$12.85▼$26.27Volume6.90 million shsAverage Volume1.97 million shsMarket Capitalization$2.93 billionP/E RatioN/ADividend YieldN/APrice Target$20.17 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Asana alerts: Email Address Asana MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside47.4% Upside$19.23 Price TargetShort InterestHealthy14.71% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.20Based on 35 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.2.94 out of 5 starsComputer And Technology Sector452nd out of 602 stocksPrepackaged Software Industry158th out of 204 stocks 4.0 Analyst's Opinion Consensus RatingAsana has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 3 buy ratings, 6 hold ratings, and 3 sell ratings.Amount of Analyst CoverageAsana has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Asana's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted14.71% of the float of Asana has been sold short.Short Interest Ratio / Days to CoverAsana has a short interest ratio ("days to cover") of 6.3.Change versus previous monthShort interest in Asana has recently decreased by 12.08%, indicating that investor sentiment is improving significantly. 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 2.3 News and Social Media Coverage News SentimentAsana has a news sentiment score of 0.20. 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 0.67 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 35 news articles for Asana this week, compared to 10 articles on an average week.Search Interest11 people have searched for ASAN on MarketBeat in the last 30 days. This is an increase of 83% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Asana to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% 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 Insiders63.97% 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.Read more about Asana's insider trading history. 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 -11.15, 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 -11.15, 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 9.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Asana's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchGet out of dollars—get into America’s new money insteadIs America's New Money right for you? I can't say... but I do know it's 100% legal and available to everyone... although precious few know much about it.Everything you need to know is posted on our website here. 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 HeadlinesMay 31 at 4:05 PM | businesswire.comAsana to Present at Upcoming Investor EventsMay 31 at 8:18 AM | americanbankingnews.comAsana (NYSE:ASAN) Price Target Cut to $13.00May 31 at 8:18 AM | americanbankingnews.comAsana (NYSE:ASAN) Lifted to "Neutral" at Piper SandlerMay 31 at 1:12 AM | gurufocus.comQ1 2025 Asana Inc Earnings Call TranscriptMay 30 at 10:00 PM | investorplace.comASAN Stock Earnings: Asana Beats EPS, Beats Revenue for Q1 2024May 30 at 7:16 PM | seekingalpha.comAsana, Inc. 2025 Q1 - Results - Earnings Call PresentationMay 30 at 4:05 PM | businesswire.comAsana Announces First Quarter Fiscal 2025 ResultsMay 29 at 7:58 PM | msn.comSee inside this Uptown office conversionMay 29 at 2:57 PM | msn.comMSI MPG 271QRX review: a feature-rich gaming powerhouse that can't be missedMay 29 at 2:57 PM | bizjournals.comAsana Partners, MRP Realty to begin $250M overhaul of uptown office towerMay 29 at 8:13 AM | finance.yahoo.comAsana Earnings: What To Look For From ASANMay 28 at 3:12 PM | investorplace.com3 Sam Altman Stocks to Buy Now: May 2024May 28 at 2:24 AM | americanbankingnews.comBrokerages Set Asana, Inc. (NYSE:ASAN) Target Price at $20.42May 27, 2024 | msn.comStardew Valley creator wishes he'd known how popular it would be, so he could have "made my life easier for making all these updates"May 27, 2024 | msn.comAmericans are expected to splurge on travel this summer — againMay 26, 2024 | americanbankingnews.comUBS Group Lowers Asana (NYSE:ASAN) Price Target to $17.00May 25, 2024 | msn.comWeight Loss Yoga: Try These 5 Easy Asanas at Home to Lose Belly FatMay 24, 2024 | seekingalpha.comAsana: Update Of A Short Call Shows Significant Downside RemainsMay 24, 2024 | markets.businessinsider.comThe Analyst Landscape: 11 Takes On AsanaMay 24, 2024 | msn.comWork management platform to debut in NigeriaMay 23, 2024 | americanbankingnews.comAsana (ASAN) Scheduled to Post Earnings on ThursdayMay 21, 2024 | msn.comCrow walking pose: Know the health benefits of Kawa ChalasanaMay 14, 2024 | msn.comAround the Districts: Laragh-Glendalough and RoundwoodMay 9, 2024 | bizjournals.comStarbucks signs lease for long-proposed Fishtown store along Frankford AvenueMay 7, 2024 | finance.yahoo.comIs Asana, Inc. (NYSE:ASAN) Potentially Undervalued?See 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 Earnings3/11/2024Today5/31/2024Fiscal 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$20.17 High Stock Price Target$30.00 Low Stock Price Target$10.00 Potential Upside/Downside+39.3%Consensus RatingHold Rating Score (0-4)2.00 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 / Sales4.99 Cash FlowN/A Price / Cash FlowN/A Book Value$1.45 per share Price / Book9.99Miscellaneous Outstanding Shares224,810,000Free Float80,998,000Market Cap$3.26 billion OptionableOptionable Beta1.22 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.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 CompetitorsNICENASDAQ:NICEmonday.comNASDAQ:MNDYDocuSignNASDAQ:DOCUUiPathNYSE:PATHElasticNYSE:ESTCView All CompetitorsInsiders & InstitutionsWalleye Trading LLCSold 91,300 shares on 5/17/2024Ownership: 0.000%Motley Fool Asset Management LLCBought 13,996 shares on 5/17/2024Ownership: 0.006%California State Teachers Retirement SystemSold 2,774 shares on 5/16/2024Ownership: 0.037%Bayesian Capital Management LPBought 35,217 shares on 5/16/2024Ownership: 0.016%Price T Rowe Associates Inc. MDBought 3,033 shares on 5/15/2024Ownership: 0.024%View All Insider TransactionsView All Institutional Transactions ASAN Stock Analysis - Frequently Asked Questions Should I buy or sell Asana stock right now? 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Asana in the last twelve months. There are currently 3 sell ratings, 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ASAN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ASAN, but not buy additional shares or sell existing shares. View ASAN analyst ratings or view top-rated stocks. What is Asana's stock price target for 2024? 12 equities research analysts have issued twelve-month price objectives for Asana's stock. Their ASAN share price targets range from $10.00 to $27.00. On average, they anticipate the company's stock price to reach $19.23 in the next twelve months. This suggests a possible upside of 47.4% 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 31.4% and is now trading at $13.05. View the best growth stocks for 2024 here. Are investors shorting Asana? Asana saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 12,080,000 shares, a decrease of 12.1% from the April 30th total of 13,740,000 shares. Based on an average daily trading volume, of 1,910,000 shares, the days-to-cover ratio is currently 6.3 days. Currently, 14.7% 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 Tuesday, September 3rd 2024. View our ASAN earnings forecast. How were Asana's earnings last quarter? Asana, Inc. (NYSE:ASAN) issued its quarterly earnings results 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 trailing twelve-month return on equity of 75.22% and a negative net margin of 39.39%. 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), WisdomTree Cloud Computing Fund (WCLD), 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 updated its FY 2025 earnings guidance on Thursday, May, 30th. The company provided earnings per share guidance of -0.210--0.190 for the period, compared to the consensus earnings per share estimate of -0.200. The company issued revenue guidance of $719.0 million-$724.0 million, compared to the consensus revenue estimate of $722.1 million. When did Asana IPO? Asana (ASAN) raised $0 in an initial public offering on Wednesday, September 30th 2020. The company issued 30,000,000 shares at a price of $0.00 per share. None served as the underwriter for the IPO. Who are Asana's major shareholders? Asana's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (4.15%), Champlain Investment Partners LLC (1.79%), Simplex Trading LLC (0.00%), Swiss National Bank (0.07%), IMC Chicago LLC (0.00%) and California State Teachers Retirement System (0.04%). 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 5/31/2024 by MarketBeat.com Staff From Our PartnersExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersBill Clinton Backing Biden Replacement???The Freeport SocietyShocking $16T Elon Musk Crypto LeakCrypto 101 MediaGet out of dollars—get into America’s new money insteadStansberry ResearchThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarWrite this ticker symbol down…StocksToTradeDo This Before July 30 2024 To Claim Trump’s Gift Wealthpin ProA once-in-a-century profit opportunity?Digital Mavericks Media 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. 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