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S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
U.S. "Shadow Banks" About to Blow up again? (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
U.S. "Shadow Banks" About to Blow up again? (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Here's Why Bitcoin Could Rise to $165,000 Starting Exactly On April 22, 2024. (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
U.S. "Shadow Banks" About to Blow up again? (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
U.S. "Shadow Banks" About to Blow up again? (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Here's Why Bitcoin Could Rise to $165,000 Starting Exactly On April 22, 2024. (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
U.S. "Shadow Banks" About to Blow up again? (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
U.S. "Shadow Banks" About to Blow up again? (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Here's Why Bitcoin Could Rise to $165,000 Starting Exactly On April 22, 2024. (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard

Asana (ASAN) Stock Price, News & Analysis

$17.90
+0.50 (+2.87%)
(As of 02/22/2024 ET)
Today's Range
$17.42
$17.93
50-Day Range
$16.89
$20.16
52-Week Range
$14.32
$26.27
Volume
1.95 million shs
Average Volume
1.85 million shs
Market Capitalization
$3.98 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$21.00

Asana MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.92 Rating Score
Upside/​Downside
17.3% Upside
$21.00 Price Target
Short Interest
Healthy
12.11% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.46mentions of Asana in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$557,807 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.20) to ($1.10) Per Share

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.

2.16 out of 5 stars

Computer And Technology Sector

394th out of 585 stocks

Prepackaged Software Industry

122nd out of 191 stocks


ASAN stock logo

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; and manages product launches, marketing campaigns, and organization-wide goal settings. 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.

ASAN Stock Price History

ASAN Stock News Headlines

The perfect AI stock under $10
Normally, bringing a new drug to market takes an average of 10 years and between $2.5 and $12 billion. However, new AI technology has the potential to make the process up to 1000 times faster. This #1 AI company is at the forefront of it all.
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The perfect AI stock under $10
Normally, bringing a new drug to market takes an average of 10 years and between $2.5 and $12 billion. However, new AI technology has the potential to make the process up to 1000 times faster. This #1 AI company is at the forefront of it all.
Asana, Inc. (NYSE:ASAN) Receives $21.00 Average PT from Analysts
ASAN Feb 2024 17.500 call
Asana, Inc. (NYSE:ASAN) Short Interest Down 8.5% in January
Why Asana (ASAN) Shares Are Sliding Today
ASAN Feb 2024 23.500 call
ASAN Feb 2024 18.500 call
Asana vs. monday: Which is best in 2024?
New Strong Buy Stocks for February 8th
Asana Outlook: Path To Profitability And Skepticism
See More Headlines
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Company Calendar

Last Earnings
12/05/2023
Today
2/22/2024
Next Earnings (Confirmed)
3/11/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
1,782
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$21.00
High Stock Price Target
$30.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+17.3%
Consensus Rating
Reduce
Rating Score (0-4)
1.92
Research Coverage
12 Analysts

Profitability

Net Income
$-407,770,000.00
Pretax Margin
-45.06%

Debt

Sales & Book Value

Annual Sales
$547.21 million
Book Value
$1.66 per share

Miscellaneous

Free Float
81,759,000
Market Cap
$3.98 billion
Optionable
Optionable
Beta
1.24
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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, 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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?

12 brokerages have issued twelve-month target prices for Asana's shares. Their ASAN share price targets range from $10.00 to $30.00. On average, they expect the company's stock price to reach $21.00 in the next year. This suggests a possible upside of 17.3% 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 beginning of 2024. Since then, ASAN stock has decreased by 5.8% and is now trading at $17.90.
View the best growth stocks for 2024 here
.

Are investors shorting Asana?

Asana saw a decline in short interest in January. As of January 31st, there was short interest totaling 9,450,000 shares, a decline of 8.5% from the January 15th total of 10,330,000 shares. Based on an average daily trading volume, of 2,240,000 shares, the days-to-cover ratio is currently 4.2 days. Approximately 12.1% of the shares of the stock are sold short.
View Asana's Short Interest
.

When is Asana's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, March 11th 2024.
View our ASAN earnings forecast
.

How can I listen to Asana's earnings call?

Asana will be holding an earnings conference call on Monday, March 11th 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) announced its quarterly earnings data on Tuesday, December, 5th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $0.07. The business had revenue of $166.50 million for the quarter, compared to analyst estimates of $164.09 million. Asana had a negative trailing twelve-month return on equity of 80.39% and a negative net margin of 45.86%. The firm's revenue for the quarter was up 17.7% on a year-over-year basis. During the same period in the prior year, the business posted ($0.49) earnings per share.

What guidance has Asana issued on next quarter's earnings?

Asana updated its fourth quarter 2024 earnings guidance on Monday, December, 11th. The company provided earnings per share guidance of -0.100--0.090 for the period, compared to the consensus earnings per share estimate of -0.160. The company issued revenue guidance of $167.0 million-$168.0 million, compared to the consensus revenue estimate of $166.8 million.

When did Asana IPO?

(ASAN) raised $0 in an IPO on Wednesday, September 30th 2020. The company issued 30,000,000 shares at $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 variety of retail and institutional investors. Top institutional shareholders include Voya Investment Management LLC (4.80%), Vanguard Group Inc. (3.97%), Goldman Sachs Group Inc. (0.80%), Voloridge Investment Management LLC (0.62%), Gilder Gagnon Howe & Co. LLC (0.60%) and First Trust Advisors LP (0.42%). Insiders that own company stock include Anne Raimondi, Chris Farinacci, Dustin A Moskovitz, Dustin A Moskovitz, Eleanor B Lacey, Eleanor B Lacey, Justin Rosenstein, Lorrie M Norrington, Tim M Wan, 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 2/23/2024 by MarketBeat.com Staff