QQQ   348.82 (-1.70%)
AAPL   177.82 (-0.78%)
MSFT   323.38 (-3.09%)
META   263.60 (-2.77%)
GOOGL   122.50 (-3.78%)
AMZN   121.23 (-4.25%)
TSLA   224.57 (+1.47%)
NVDA   374.75 (-3.05%)
NIO   7.76 (-1.52%)
BABA   85.29 (-1.63%)
AMD   117.83 (-5.15%)
T   16.09 (+2.68%)
F   13.59 (+5.11%)
MU   67.06 (-0.71%)
CGC   0.72 (-2.69%)
GE   106.08 (+0.59%)
DIS   92.53 (+0.40%)
AMC   4.73 (+1.94%)
PFE   38.89 (+1.36%)
PYPL   64.04 (-1.51%)
NFLX   399.77 (+0.12%)
QQQ   348.82 (-1.70%)
AAPL   177.82 (-0.78%)
MSFT   323.38 (-3.09%)
META   263.60 (-2.77%)
GOOGL   122.50 (-3.78%)
AMZN   121.23 (-4.25%)
TSLA   224.57 (+1.47%)
NVDA   374.75 (-3.05%)
NIO   7.76 (-1.52%)
BABA   85.29 (-1.63%)
AMD   117.83 (-5.15%)
T   16.09 (+2.68%)
F   13.59 (+5.11%)
MU   67.06 (-0.71%)
CGC   0.72 (-2.69%)
GE   106.08 (+0.59%)
DIS   92.53 (+0.40%)
AMC   4.73 (+1.94%)
PFE   38.89 (+1.36%)
PYPL   64.04 (-1.51%)
NFLX   399.77 (+0.12%)
QQQ   348.82 (-1.70%)
AAPL   177.82 (-0.78%)
MSFT   323.38 (-3.09%)
META   263.60 (-2.77%)
GOOGL   122.50 (-3.78%)
AMZN   121.23 (-4.25%)
TSLA   224.57 (+1.47%)
NVDA   374.75 (-3.05%)
NIO   7.76 (-1.52%)
BABA   85.29 (-1.63%)
AMD   117.83 (-5.15%)
T   16.09 (+2.68%)
F   13.59 (+5.11%)
MU   67.06 (-0.71%)
CGC   0.72 (-2.69%)
GE   106.08 (+0.59%)
DIS   92.53 (+0.40%)
AMC   4.73 (+1.94%)
PFE   38.89 (+1.36%)
PYPL   64.04 (-1.51%)
NFLX   399.77 (+0.12%)
QQQ   348.82 (-1.70%)
AAPL   177.82 (-0.78%)
MSFT   323.38 (-3.09%)
META   263.60 (-2.77%)
GOOGL   122.50 (-3.78%)
AMZN   121.23 (-4.25%)
TSLA   224.57 (+1.47%)
NVDA   374.75 (-3.05%)
NIO   7.76 (-1.52%)
BABA   85.29 (-1.63%)
AMD   117.83 (-5.15%)
T   16.09 (+2.68%)
F   13.59 (+5.11%)
MU   67.06 (-0.71%)
CGC   0.72 (-2.69%)
GE   106.08 (+0.59%)
DIS   92.53 (+0.40%)
AMC   4.73 (+1.94%)
PFE   38.89 (+1.36%)
PYPL   64.04 (-1.51%)
NFLX   399.77 (+0.12%)

Asana (ASAN) Stock Forecast, Price & News

$22.71
-0.37 (-1.60%)
(As of 06/7/2023 ET)
Compare
Today's Range
$22.66
$24.23
50-Day Range
$15.62
$23.90
52-Week Range
$11.32
$29.51
Volume
3.31 million shs
Average Volume
3.01 million shs
Market Capitalization
$4.87 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$21.98

Asana MarketRank™ Forecast

Analyst Rating
Hold
2.07 Rating Score
Upside/​Downside
3.2% Downside
$21.98 Price Target
Short Interest
Bearish
14.25% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.16mentions of Asana in the last 14 days
Based on 43 Articles This Week
Insider Trading
Selling Shares
$538,214 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.48) to ($1.28) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.40 out of 5 stars

Computer And Technology Sector

546th out of 596 stocks

Prepackaged Software Industry

183rd out of 207 stocks


ASAN stock logo

About Asana (NYSE:ASAN) Stock

Asana, Inc., together with its subsidiaries, operates a work management platform for individuals, team leads, and executives in the United States and internationally. The company's platform enables teams to orchestrate work from daily tasks to cross-functional strategic initiatives; and manages product launches, marketing campaigns, and organization-wide goal settings. It serves customers in industries, such as technology, retail, education, non-profit, government, healthcare, media, 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.

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.

ASAN Stock News Headlines

Sprinklr Gets Targets Raised By Analysts, Here's Why
Sprinklr shareholders are in for a pleasant surprise on the back of the company's first quarter results, where the real earning power is hidden in the weeds.
monday.com Surges on Price and Volume after Blowout Results (ASAN)
monday.com Ltd. (NASDAQ: MNDY) provides workflow collaboration and customer relationship management (CRM) software applications used by over 180,000 companies
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
Asana (NYSE:ASAN) Releases Q2 2024 Earnings Guidance
Asana (NYSE:ASAN) Releases FY 2024 Earnings Guidance
Asana (NYSE:ASAN) Updates Q2 Earnings Guidance
Asana (NYSE:ASAN) Updates FY24 Earnings Guidance
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
Asana (NYSE:ASAN) Shares Gap Up on Earnings Beat
Asana (NYSE:ASAN) Issues Quarterly Earnings Results
Asana (NYSE:ASAN) Downgraded to Neutral at DA Davidson
RBC Capital Remains a Sell on Asana (ASAN)
Piper Sandler Reaffirms Their Hold Rating on Asana (ASAN)
Asana (ASAN) Receives a Hold from Morgan Stanley
Q1 2024 Asana Inc Earnings Call
Asana (ASAN) Receives a Buy from JMP Securities
See More Headlines

ASAN Price History

ASAN Company Calendar

Last Earnings
6/01/2023
Today
6/07/2023
Next Earnings (Estimated)
9/06/2023
Fiscal Year End
1/31/2024

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 Forecast
$21.98
High Stock Price Forecast
$30.00
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
-3.2%
Consensus Rating
Hold
Rating Score (0-4)
2.07
Research Coverage
15 Analysts

Profitability

Net Income
$-407,770,000.00
Pretax Margin
-63.13%

Debt

Sales & Book Value

Annual Sales
$547.21 million
Book Value
$1.62 per share

Miscellaneous

Free Float
78,766,000
Market Cap
$4.87 billion
Optionable
Optionable
Beta
1.30

Key Executives

  • Mr. Dustin A. MoskovitzMr. Dustin A. Moskovitz (Age 39)
    Co-Founder, Pres, CEO & Chair
    Comp: $1
  • Mr. Justin Rosenstein (Age 40)
    Co-Founder, Advisor & Director
    Comp: $30k
  • Mr. Tim M. WanMr. Tim M. Wan (Age 52)
    Head of Fin.
    Comp: $660.08k
  • Ms. Anne Raimondi (Age 51)
    COO & Head of Bus.
    Comp: $297.05k
  • Ms. Eleanor B. Lacey Esq.Ms. Eleanor B. Lacey Esq. (Age 56)
    Gen. Counsel, Head of Legal & Corp. Sec.
    Comp: $494.08k
  • Ms. Catherine Buan
    Head of Investor Relations
  • Mr. Kenny L. Van Zant (Age 53)
    Head of Bus.
  • Mr. Dave King (Age 43)
    Head of Marketing
  • Ms. Anna Binder (Age 50)
    Head of People Operations
  • Mr. Prashant Pandey (Age 46)
    Head of Engineering













ASAN Stock - Frequently Asked Questions

Should I buy or sell Asana stock right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Asana in the last twelve months. There are currently 2 sell ratings, 10 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research 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 forecast for 2023?

15 analysts have issued 12-month price targets for Asana's stock. Their ASAN share price forecasts range from $10.00 to $30.00. On average, they predict the company's stock price to reach $21.98 in the next year. This suggests that the stock has a possible downside of 3.2%.
View analysts price targets for ASAN
or view top-rated stocks among Wall Street analysts.

How have ASAN shares performed in 2023?

Asana's stock was trading at $13.77 on January 1st, 2023. Since then, ASAN shares have increased by 64.9% and is now trading at $22.71.
View the best growth stocks for 2023 here
.

Are investors shorting Asana?

Asana saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 11,150,000 shares, an increase of 5.9% from the April 15th total of 10,530,000 shares. Based on an average trading volume of 2,950,000 shares, the days-to-cover ratio is currently 3.8 days. Currently, 14.0% of the shares of the company 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 Wednesday, September 6th 2023.
View our ASAN earnings forecast
.

How were Asana's earnings last quarter?

Asana, Inc. (NYSE:ASAN) released its quarterly earnings results on Thursday, June, 1st. The company reported ($0.09) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.18) by $0.09. The business had revenue of $152.41 million for the quarter, compared to the consensus estimate of $150.55 million. Asana had a negative net margin of 63.97% and a negative trailing twelve-month return on equity of 121.25%. The company's revenue was up 26.3% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.52) earnings per share.

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

Asana issued an update on its second quarter 2024 earnings guidance on Sunday, June, 4th. The company provided earnings per share (EPS) guidance of -$0.12--$0.11 for the period, compared to the consensus EPS estimate of -$0.15. The company issued revenue guidance of $157.50 million-$158.50 million, compared to the consensus revenue estimate of $157.75 million.

When did Asana IPO?

(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.

What is Asana's stock symbol?

Asana trades on the New York Stock Exchange (NYSE) under the ticker symbol "ASAN."

Who are Asana's major shareholders?

Asana's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (3.14%), Champlain Investment Partners LLC (3.06%), State Street Corp (0.96%), Two Sigma Investments LP (0.70%), Renaissance Technologies LLC (0.70%) and Geode Capital Management LLC (0.65%). Insiders that own company stock include Chris Farinacci, Dustin A Moskovitz, Dustin A Moskovitz, Eleanor B Lacey, Eleanor B Lacey, Lorrie M Norrington, Steven M Spurlock, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Asana's stock price today?

One share of ASAN stock can currently be purchased for approximately $22.71.

How much money does Asana make?

Asana (NYSE:ASAN) has a market capitalization of $4.87 billion and generates $547.21 million in revenue each year. The company earns $-407,770,000.00 in net income (profit) each year or ($1.80) on an earnings per share basis.

How many employees does Asana have?

The company employs 1,782 workers across the globe.

How can I contact Asana?

Asana's mailing address is 1550 BRYANT STREET SUITE 800, SAN FRANCISCO CA, 94103. The official website for the company is www.asana.com. The company can be reached via phone at 415-525-3888 or via email at ir@asana.com.

This page (NYSE:ASAN) was last updated on 6/7/2023 by MarketBeat.com Staff

My Account -